Overview
What is Catholic United Financial?
Catholic United Financial is a nonprofit organization based in Arden Hills, Minnesota. With a team of 106 employees, they aim to promote fraternalism and charity among their members through a Local Council system and representative government. Their mission is to provide life insurance, annuities, and other financial products to enhance the financial well-being of their members and their families. In addition, they support the Roman Catholic Church in extending its faith, particularly by encouraging Catholic schools and religious education. In 2021, they paid out a total of $50,888,577 in benefits, including $10,738,850 in death claims, $39,983,127 for annuity, supplementary contract, and other policy benefits, and $166,600 for post-high school scholarships.
Official website here: www.catholicunited.org
Is Catholic United Financial legitimate?
Catholic United Financial is a legitimate nonprofit organization registered as a 501(c)(8) entity. Catholic United Financial 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $918,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,213,058
For more financial information, click here
Official website here: www.catholicunited.org
What is the mission statement of Catholic United Financial?
Catholic United Financial functions as a not-for-profit fraternal benefit society, dedicated to fostering a sense of community and charity amongst its members. By offering life insurance, annuities, and various other financial products, the organization strives to enhance the financial well-being of its members and their families. Moreover, Catholic United Financial is deeply committed to supporting the Roman Catholic Church in its mission to spread the faith. This includes advocating for and promoting Catholic schools and religious education. As an employer and community member, the organization aims to be reputable and socially responsible.
Official website here: www.catholicunited.org
Who is the CEO of Catholic United Financial?
Paul Zastrow is the President/Chairman of Catholic United Financial.
Official website here: www.catholicunited.org
What is the revenue of Catholic United Financial?
Catholic United Financial's revenue in 2022 was $71,850,379.
Official website here: www.catholicunited.org
Who are the executives of Catholic United Financial and what are their salaries?
The average compensation at Catholic United Financial during 2022 was $57,849. There are 106 employees and 2,170 volunteers at Catholic United Financial.
Here are 14 key members and their salaries:
- Michael Ahles (President/Chairman) [Trustee/Director]
- Paul Zastrow (Sr. Vp, Secretary/Treasurer) [Trustee/Director]
- John Tetzloff (Director Of Sales)
- Gregory Gall (Central Regional Director)
- Dean Demarais (Member Advisor Team Lead)
- Jack Kerbeshian (Director Of Product Management)
- Butch Byers (Southwest Regional Director)
- Robert F Krattenmaker (Board Member) [Trustee/Director]
- Renee Brod (Board Member) [Trustee/Director]
- James Wensel (Board Member) [Trustee/Director]
- Martin Seifert (Board Member) [Trustee/Director]
- Jean Hart (Board Member) [Trustee/Director]
- James Gibbons (Board Member) [Trustee/Director]
- William Lucas (Board Member) [Trustee/Director]
Official website here: www.catholicunited.org
Where can I find the form 990 for Catholic United Financial?
The Catholic United Financial’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.catholicunited.org
Learn more at the official website: www.catholicunited.org
Mission Statement of Catholic United Financial
Catholic United Financial, a not-for-profit fraternal benefit society, is committed to promoting fraternalism and charity among its members. Through a Local Council system and a representative form of government, the organization fosters a sense of community and connection among its members.
At the heart of Catholic United Financial's mission is the provision of life insurance, annuities, and other financial products and services to its members and their families. These offerings contribute significantly to the financial well-being of the individuals who make up this community.
Beyond its financial services, Catholic United Financial is deeply rooted in its support for the Roman Catholic Church. The organization seeks to extend the faith by commending and encouraging Catholic schools and religious education. As a responsible corporate citizen, Catholic United Financial also strives to be a good employer and a contributing member of its larger community.
Impact
This information is meant to be a general summary of Catholic United Financial. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Catholic United Financial's impact can be seen through the significant benefits it provides to its members. In accordance with its mission to promote financial well-being and support the Roman Catholic Church, the organization paid out a total of $50,888,577 in benefits. This included $10,738,850 in death claims, $39,983,127 for annuity, supplementary contract, and other policy benefits, and $166,600 for post-high school scholarships. This demonstrates the tangible support and assistance Catholic United Financial offers to its members and their families in times of need.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premium Income
Revenue
$32,688,495
Organization Details
Founding Year
1878
Phone
(651) 490-0170
Principal Officer
Paul Zastrow
Main Address
3499 Lexington Ave N, Arden Hills, MN, 55126
Website
www.catholicunited.org
NTEE Category
Code: Y20 - Mutual benefit
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