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Commonweal Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133174407 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Commonweal Foundation?

The Commonweal Foundation is a nonprofit organization situated in New York City, specifically at 475 Riverside Drive 244, New York, NY 10115. Its primary mission is to disseminate information on various topics, including public affairs, religion, literature, and the arts. By doing so, Commonweal serves as a platform for publishing editorials, columns, essays, poetry, film, and book reviews, with a notable emphasis on issues of interest to the Catholic community. The organization employs a team of 13 individuals, ensuring its continued operations through its magazine and online presence. By providing a platform for diverse perspectives, Commonweal contributes to fostering informed discussions and promoting understanding on a multitude of societal and cultural issues.


Official website here: www.commonwealmagazine.org

Is Commonweal Foundation legitimate?

Commonweal Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonweal Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $400,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $606,870

For more financial information, click here


Official website here: www.commonwealmagazine.org

What is the mission statement of Commonweal Foundation?

The Commonweal Foundation's mission revolves around the publication and dissemination of information on various topics, including public affairs, religion, literature, and the arts. As the oldest independent lay Catholic journal of opinion in the United States, Commonweal uses its magazine and website to share editorial pieces, columns, essays, poetry, film, and book reviews, all while maintaining a focus on issues of interest to Catholics. Commonweal's activities encompass a broad spectrum, covering literature, the arts, religion, society, and politics.


Official website here: www.commonwealmagazine.org

Who is the CEO of Commonweal Foundation?

Dominic Preziosi is the President of Commonweal Foundation.


Official website here: www.commonwealmagazine.org

What is the revenue of Commonweal Foundation?

Commonweal Foundation's revenue in 2022 was $1,707,525.


Official website here: www.commonwealmagazine.org

Who are the executives of Commonweal Foundation and what are their salaries?

The average compensation at Commonweal Foundation during 2022 was $77,454. There are 13 employees at Commonweal Foundation.

Here are 27 key members and their salaries:

    Dominic Preziosi (President) [Trustee/Director]
  • Compensation: $116,846
  • Related: $0
  • Other: $34,289

    • Thomas Baker (Publisher) [Trustee/Director]
  • Compensation: $117,237
  • Related: $0
  • Other: $6,383

    • James Hannan (Vice Pres & Treasurer & Se)
  • Compensation: $93,883
  • Related: $0
  • Other: $18,512

    • Vincent Rogeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Rosiello (Vice Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Catanzaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane O'Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Welsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Steinfels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Mcdermott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Vanderheyden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Murtaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James T Morley Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Dalton (Vice Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mcgreevey (Vice Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brien O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathleen Kaveny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosanne Haggerty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Peppard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Kuster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Koneck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Lowney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalia Imperatori-Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.commonwealmagazine.org

    Where can I find the form 990 for Commonweal Foundation?

    The Commonweal Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.commonwealmagazine.org

    Learn more at the official website: www.commonwealmagazine.org

    Mission Statement of Commonweal Foundation

    Commonweal Foundation, established as the oldest independent lay Catholic journal of opinion in the United States, focuses its mission on disseminating information on various public affairs, religion, literature, and the arts. This nonprofit organization, recognized for its strong focus on issues relevant to Catholics, utilizes its magazine and website to publish a diverse range of content. This includes insightful editorials, thought-provoking columns, compelling essays, and incisive reviews on films and books. Commonweal serves as a platform for fostering open discussions and encouraging critical thinking on literature, the arts, religion, society, and politics.

    Impact

    This information is meant to be a general summary of Commonweal Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    Commonweal Foundation's impact lies in providing a platform for the publication and online distribution of information on public affairs, religion, literature, and the arts. As the oldest independent lay Catholic journal of opinion in the United States, Commonweal plays a significant role in covering a wide range of topics including literature, the arts, religion, society, and politics. Through its magazine and website, Commonweal publishes editorials, columns, essays, poetry, as well as film and book reviews. With a relatively strong focus on issues of specific interest to Catholics, Commonweal Foundation serves as a valuable source of information and discussion for its audience, contributing to the enrichment of public discourse and understanding.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $270,402
  • Program Service Revenue: $738,063
  • Gross Receipts: $2,125,521

    • Assets and Liabilities:
  • Total Assets: $3,554,771
  • Total Liabilities: $1,028,603
  • Net Assets: $2,526,168
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUBSCRIPTION INCOME

    Revenue

    $627,889

    ADVERTISING INCOME

    Revenue

    $77,047

    MAILING LIST RENTALS

    Revenue

    $15,284

    ROYALTIES

    Revenue

    $9,242

    DEALERS AND BULK

    Revenue

    $8,601

    Organization Details

    Founding Year

    1983

    Principal Officer

    Dominic Preziosi

    Main Address

    475 RIVERSIDE DRIVE 244, NEW YORK, NY, 10115

    NTEE Category

    Code: E11 - Health

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