Catholic United Financial

Saint Paul, MN   |  www.catholicunited.org

Mission

Catholic United Financial exists as a not-for-profit fraternal benefit society to: Promote fraternalism and charity among its members through a Local Council system and a representative form of goverment. Provide its members with life insurance, annuities and other products, services and benefits that will contribute to the financial well-being of our members and their families. Support the Roman Catholic Church in extending the faith, especially by commending and encouraging Catholic schools and religious education. Strive to be a good employer and contributing member of our community.

Ruling year info

1940

Principal Officer

Michael Ahles Sr VP Secretary Treas

Main address

3499 Lexington Ave N

Saint Paul, MN 55126

EIN

41-0182070

NTEE code info

Fraternal Societies (Y40)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Benefits totaling $60,176,843 were paid to our members in accordance with our mission to provide life insurance, annuities and other products, services and benefits that contribute to the financial well-being of our members and their families. $8,854,331 was paid in death claims, $51,169,910 was paid for annuity, supplementary contract and other policy benefits, and $152,602 was paid for post-high school scholarships.

Expenses
$60,176,843
Revenue
$0

In accordance with our mission to promote fraternalism and charity among our members through a local council system and representative governance, $476,231 was provided to our Councils and communities. Of this amount, $53,863 was spent to conduct our annual Delegate Convention and $45,200 was spent on Member Recognition programs and conducting Gather4Good events. Gather4Good is a volunteer, family oriented service project started in 2010 to assemble personal care kits for people in the local community experiencing homelessness.

Expenses
$476,231
Revenue
$0

In accordance with our mission to support the Roman Catholic Church in extending the faith, commending and encouraging Catholic schools and religious education, Fraternal benefits totaling $472,073 were spent during the year. Of this total, $99,928 was provided to Catholic Dioceses and parishes, $14,825 was granted to organizations supportive of extending Catholic teachings, $206,585 was spent as operating support for our Foundation, and $150,735 was spent supporting Catholic education, including the Annual Catholic Schools Raffle. This Raffle has raised over $8 million for over 100 Catholic schools since its inception ten years ago.

Expenses
$472,073
Revenue
$0

Where we work

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Financials

Catholic United Financial
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Operations

The people, governance practices, and partners that make the organization tick.

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This organization has no recorded board members.