Opus Caritatis Inc

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

EIN: 201021326 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Opus Caritatis Inc?

Opus Caritatis Inc, situated in Los Angeles, California, serves as a financial support system for Catholic Charities of Los Angeles, Inc. The primary mission of Opus Caritatis is to raise funds and manage investments, ultimately distributing the income to aid Catholic Charities in their charitable endeavors. By administering financial resources, Opus Caritatis contributes to the betterment of various social and community initiatives under Catholic Charities, thus benefiting the community at large in Los Angeles.


Is Opus Caritatis Inc legitimate?

Opus Caritatis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opus Caritatis Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Opus Caritatis Inc?
Who is the CEO of Opus Caritatis Inc?
What is the revenue of Opus Caritatis Inc?
Who are the executives of Opus Caritatis Inc and what are their salaries?
Where can I find the form 990 for Opus Caritatis Inc?

Mission Statement of Opus Caritatis Inc

Opus Caritatis Inc, as a nonprofit organization, is dedicated to supporting Catholic Charities of Los Angeles, Inc. The primary objective of Opus Caritatis is to collect funds through solicitation and donations, and then manage and distribute these resources for the benefit of Catholic Charities. This charity organization generates income through investments, which it subsequently utilizes to aid Catholic Charities of Los Angeles, Inc., a California-based not-for-profit public benefit corporation under Section 501(c)(3).

Impact

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




Thursday, August 1, 2024

Opus Caritatis Inc's impact lies in providing crucial financial support to Catholic Charities of Los Angeles, Inc. Through the generated income from investments, Opus Caritatis Inc plays a vital role in sustaining the operations and initiatives of Catholic Charities of Los Angeles, Inc. This support contributes to the organization's ability to provide important services and assistance to those in need in the Los Angeles community.





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: $5,492,882
  • Program Service Revenue: $0
  • Gross Receipts: $8,928,857

    • Assets and Liabilities:
  • Total Assets: $300,359,281
  • Total Liabilities: $1,091,675
  • Net Assets: $299,267,606
  • Organization Details

    Founding Year

    2004

    Principal Officer

    Rev Msgr Gregory A Cox

    Main Address

    1531 JAMES M WOOD BLVD, LOS ANGELES, CA, 90015

    NTEE Category

    Code: X22 - Religion related

    If you are a representative of Opus Caritatis Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.