Catholic Foundation For The Diocese Of Davenport

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

EIN: 264267643 ✦ Davenport, IA ✦ Designated as a 501(c)(3)

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Overview

What is Catholic Foundation For The Diocese Of Davenport?

The Catholic Foundation for the Diocese of Davenport is a nonprofit organization situated in Davenport, Iowa. Its primary mission is to encourage, solicit, accept, and manage donations from individuals. The collected funds are then utilized to support various diocesan parishes, schools, and the diocesan headquarters, aiding them in covering their operational expenses. Aligning with its religious values, the foundation distributes the income to advance priorities within the Diocese of Davenport and its entities.


Official website here: www.see schedule o

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 76% (Three-Star out of Four Stars )**ar rating)**

The Catholic Foundation For The Diocese Of Davenport has received a 76% rating from Charity Navigator, indicating a fair level of accountability and finance practices. This score is based solely on the organization's financial performance, with strengths in policies such as whistleblower protections and conflict of interest management. However, there are concerns regarding its funding efficiency and program expenses, which scored noticeably lower compared to other areas measured.

The financial data shows a solid working capital position, suggesting that the organization is financially stable. Despite this, the charity's reliance on a single beacon score means that other important factors such as leadership effectiveness, community engagement, and measurable impact on programs are not currently assessed. This lack of a comprehensive evaluation points to a potential area for improvement in demonstrating broader organizational effectiveness.

User reviews from GreatNonprofits are not available, limiting insight into public sentiment and experiences regarding the charity's operations or program impacts. Potential donors or supporters may want to consider exploring additional perspectives or direct experiences before deciding to engage with the foundation.


This AI summary has been generated from information found on Charity Navigator.

Is Catholic Foundation For The Diocese Of Davenport legitimate?

Catholic Foundation For The Diocese Of Davenport is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Foundation For The Diocese Of Davenport 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $49,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.see schedule o

What is the mission statement of Catholic Foundation For The Diocese Of Davenport?

The Catholic Foundation for the Diocese of Davenport encourages, solicits, accepts, and manages donations from individuals. The primary objective is to further stewardship and distribute the income to advance the priorities of the Diocese of Davenport and its entities in alignment with Gospel values. The foundation's role involves granting funds to various diocesan parishes, schools, and the diocesan headquarters to help cover their operational expenses.


Official website here: www.see schedule o

Who is the CEO of Catholic Foundation For The Diocese Of Davenport?

Bishop Thomas Zinkula is the Principal Officer of Catholic Foundation For The Diocese Of Davenport.


Official website here: www.see schedule o

What is the revenue of Catholic Foundation For The Diocese Of Davenport?

Catholic Foundation For The Diocese Of Davenport's revenue in 2022 was $6,997,773.


Official website here: www.see schedule o

Who are the executives of Catholic Foundation For The Diocese Of Davenport and what are their salaries?

There 8 volunteers at Catholic Foundation For The Diocese Of Davenport.


Here are 10 key members and their salaries:


James Nepple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Ballinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kabat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Mcnally (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Tom Hennen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Kedley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Zinklua (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Tallman (Treasurer)
  • Compensation: $11,361
  • Related: $0
  • Other: $2,840
Michael Hoffman (Secretary)
  • Compensation: $28,000
  • Related: $0
  • Other: $7,000


Official website here: www.see schedule o

Where can I find the form 990 for Catholic Foundation For The Diocese Of Davenport?

Catholic Foundation For The Diocese Of Davenport's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.see schedule o

Learn more at the official website: www.see schedule o

Mission Statement of Catholic Foundation For The Diocese Of Davenport

The Catholic Foundation for the Diocese of Davenport encourages and solicits donations from individuals to further stewardship. This nonprofit organization manages these gifts meticulously, ensuring that the income generated is distributed to advance the priorities of the Diocese of Davenport and its affiliated entities, all in accordance with gospel values. The Catholic Foundation plays a crucial role in distributing funds to various diocesan parishes, schools, and the diocesan headquarters, assisting them in managing their operational expenses.

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Impact




October, 2024

Catholic Foundation For The Diocese Of Davenport plays a crucial role in enhancing the stewardship and financial stability of the Diocese of Davenport and its various entities. By encouraging and managing donations from individuals, the foundation ensures that resources are effectively allocated to support local parishes, schools, and the diocesan headquarters.

The income generated from these gifts is distributed to assist with operating expenses, enabling these institutions to focus on their core mission of spiritual and community service. This support not only helps maintain vital services and programs but also fosters a sense of community and commitment among parishioners. Ultimately, the foundation's efforts contribute to advancing the priorities of the diocese in alignment with Gospel values, reinforcing the Catholic community's commitment to faith-based initiatives and outreach.




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


Financials

This financial information is from Propublica.

Revenue
$6,997,773 (2022)
Expenses
$1,629,972 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $112,871
  • Gross Receipts: $6,997,773

Assets and Liabilities:

  • Total Assets: $19,079,929
  • Total Liabilities: $322,202
  • Net Assets: $18,757,727

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Organization Details

Founding Year

2009

Principal Officer

Bishop Thomas Zinkula

Main Address

780 WEST CENTRAL PARK AVENUE, DAVENPORT, IA, 528041901

NTEE Category

Code: X22 - Religion related

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