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Catholic Financial Life Foundation INC

501(c)
Other · ARDEN HILLS, MN · EIN 41-0182070

About

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.

Donations are tax-deductible
Category
Other
Employees
87
Volunteers
1,186

Financial Snapshot

FY ending 2024-12-31
Revenue
$67.6M
Expenses
$78.5M
Assets
$951.8M
Liabilities
$931.8M

Financial history

$104.1M$52.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $67.6M · Peak FY2016: $104.1M · Avg: $77.5M
CATHOLIC FINANCIAL LIFE FOUNDATION INC
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Address

3499 Lexington AVE N
Arden Hills, MN, 55126-705

Governance

Voting board members9
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %67.0%
Endowment held by related orgYes
Public records
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