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Christian Bros Financial Assets Supporting Organization

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

EIN: 271364651 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Christian Bros Financial Assets Supporting Organization?

The Christian Bros Financial Assets Supporting Organization is a nonprofit entity located in New Orleans, Louisiana. Its primary mission is to contribute financially to Christian Brothers School, a small private Roman Catholic institution within the Archdiocese of New Orleans. This school caters to both boys and girls, with the aim to foster their moral, intellectual, social, cultural, spiritual, emotional, and physical development. The organization's role is to support this endeavor, ensuring the school can continue its vital work in nurturing the well-being of its pupils.

Is Christian Bros Financial Assets Supporting Organization legitimate?

Christian Bros Financial Assets Supporting Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Bros Financial Assets Supporting Organization 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Christian Bros Financial Assets Supporting Organization?

The Christian Bros Financial Assets Supporting Organization's mission is centered around supporting a small, private Roman Catholic school located in the Archdiocese of New Orleans. This school, named Christian Brothers, caters to both boys and girls. The organization's primary goal is to aid in the continuous moral, intellectual, social, cultural, spiritual, emotional, and physical development of its students. By doing so, it contributes to enriching their overall well-being and preparing them for their future.

Who is the CEO of Christian Bros Financial Assets Supporting Organization?

Paul Palermo is the Chairman of Christian Bros Financial Assets Supporting Organization.

What is the revenue of Christian Bros Financial Assets Supporting Organization?

Christian Bros Financial Assets Supporting Organization's revenue in 2022 was $517,016.

Who are the executives of Christian Bros Financial Assets Supporting Organization and what are their salaries?


Here are 14 key members and their salaries:


Paul D Palermo (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danette H Murret (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John E Fitzpatrick Iii (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenenna Amuzie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Capritto Dowling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Garcia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brother James Joost Fsc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan J Junius (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Laiche (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Bercaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Carolli Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Scaffidi (President)
  • Compensation: $0
  • Related: $188,085
  • Other: $0
Heath Barker (Employee)
  • Compensation: $0
  • Related: $135,661
  • Other: $0
Michael Prat Jr (Employee)
  • Compensation: $0
  • Related: $125,550
  • Other: $0
Where can I find the form 990 for Christian Bros Financial Assets Supporting Organization?

Christian Bros Financial Assets Supporting Organization's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christian Bros Financial Assets Supporting Organization

The Christian Bros Financial Assets Supporting Organization is dedicated to assisting Christian Brothers School, a small private Roman Catholic institution situated within the Archdiocese of New Orleans. This organization's mission is centered around supporting the growth and development of the school's pupils. The primary focus is on nurturing the children's moral, intellectual, social, cultural, spiritual, emotional, and physical well-being. By doing so, the Christian Bros Financial Assets Supporting Organization aims to contribute to the ongoing success and continuity of the Christian Brothers School, ensuring it can continue to provide a comprehensive educational experience for its students.

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Impact




October, 2024

The Christian Bros Financial Assets Supporting Organization plays a vital role in enhancing the educational experience at Christian Brothers School, a small private Roman Catholic institution in New Orleans. By providing financial support, it helps ensure that the school can continue to foster the moral, intellectual, social, cultural, spiritual, emotional, and physical development of its students.

With a focus on holistic education, the organization enables the school to offer various programs and resources that enrich the curriculum and support the personal growth of each pupil. This includes extracurricular activities, enhanced learning opportunities, and essential facilities, all aimed at nurturing well-rounded individuals.

Moreover, the support from this organization strengthens community ties, promotes inclusivity, and benefits both boys and girls, ensuring that quality education and a values-based upbringing are accessible. In essence, the impact of the Christian Bros Financial Assets Supporting Organization is evident in the thriving environment it helps create for students, allowing them to grow into responsible and conscientious members of society.




This information is meant to be a general summary of Christian Bros Financial Assets Supporting Organization. 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
$517,016 (2022)
Expenses
$60,826 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $76,941
  • Program Service Revenue: $440,000
  • Gross Receipts: $517,016

Assets and Liabilities:

  • Total Assets: $9,806,313
  • Total Liabilities: $46,039
  • Net Assets: $9,760,274

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Programs

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

MEMBERSHIP DUES & ASSE

Revenue

$440,000

Organization Details

Founding Year

2009

Principal Officer

Paul Palermo

Main Address

8 FRIEDERICHS AVENUE, NEW ORLEANS, LA, 70124

NTEE Category

Code: B112 - Education

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