Overview
What is Catholic Benefits Association?
Catholic Benefits Association is a nonprofit organization situated in Castle Rock, Colorado. Its primary mission is to support Catholic employers, such as dioceses, parishes, charities, schools, and healthcare institutions, in providing benefits to their employees in line with Catholic values. The association aims to challenge laws and regulations that compel Catholic employers to offer benefits that contradict their moral principles. To achieve this, they offer assistance in crafting benefit plans that align with Catholic moral principles. With a workforce of only four individuals, Catholic Benefits Association serves as a crucial resource for Catholic organizations seeking to provide benefits while upholding their faith.
Official website here: www.catholicbenefitsassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Catholic Benefits Association has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is based entirely on their accountability metrics, which earned an impressive score of 81%. This rating reflects the organization's commitment to transparency and responsible management of financial resources.
The organization demonstrates strengths in various key areas. With 93% of its board members being independent and a well-structured board size, they ensure effective governance. Additionally, they have robust policies in place for conflict of interest, whistleblowing, and document retention. Their financial health is further highlighted by a low liabilities-to-assets ratio of 3.26% and a program expense ratio of 76.34%, meaning a significant portion of their resources is directed towards their programs.
Despite these strengths, there are no noted limitations in the data provided, which suggests that the Catholic Benefits Association operates with a strong emphasis on accountability and ethical practices. This solid rating reflects their commitment to fulfilling their mission while maintaining financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Benefits Association legitimate?
Catholic Benefits Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Benefits Association 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: $395,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,439
For more financial information, click here
Official website here: www.catholicbenefitsassociation.org
What is the mission statement of Catholic Benefits Association?
The Catholic Benefits Association's mission is to assist Catholic employers in providing benefits to their employees in alignment with Catholic moral principles. This organization supports various Catholic entities, such as dioceses, parishes, schools, and healthcare institutions, in offering benefits that adhere to their religious values. The association also undertakes legal challenges against laws and regulations that compel Catholic employers to provide benefits that contradict their moral principles in the areas of health and welfare.
Official website here: www.catholicbenefitsassociation.org
Who is the CEO of Catholic Benefits Association?
Douglas G Wilson is the Ceo of Catholic Benefits Association. The CEO's salary of Catholic Benefits Association is $204,550 and their total compensation is $210,009.
Official website here: www.catholicbenefitsassociation.org
What is the revenue of Catholic Benefits Association?
Catholic Benefits Association's revenue in 2022 was $1,655,726.
Official website here: www.catholicbenefitsassociation.org
Who are the executives of Catholic Benefits Association and what are their salaries?
The average compensation at Catholic Benefits Association during 2022 was $144,004. There are 4 employees and 14 volunteers at Catholic Benefits Association.
Here are 20 key members and their salaries (Catholic Benefits Association's CEO's salary is $204,550 and their total compensation is $210,009):
- Compensation: $204,550
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- Other: $5,459
- Compensation: $182,827
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- Other: $2,742
- Compensation: $105,719
- Related: $0
- Other: $3,172
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Official website here: www.catholicbenefitsassociation.org
Where can I find the form 990 for Catholic Benefits Association?
Catholic Benefits Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catholicbenefitsassociation.org
Learn more at the official website: www.catholicbenefitsassociation.org
Mission Statement of Catholic Benefits Association
The Catholic Benefits Association serves a crucial role in supporting Catholic employers, including dioceses, parishes, religious institutions, associations of the faithful, charities, schools and colleges, healthcare institutions, and others, in providing benefits to their employees in accordance with Catholic moral principles. The organization's mission is to assist these employers in upholding their religious beliefs while offering benefits to their workforce.
In the pursuit of this mission, the Catholic Benefits Association engages in various activities. One of its primary objectives is to challenge laws and regulations that compel Catholic employers to provide health and welfare benefits to their employees that contradict Catholic moral principles. This involves advocating for policies that align with the religious values of these employers, ensuring that the benefits they offer do not conflict with their faith.
In essence, the Catholic Benefits Association acts as a shield for Catholic employers, helping them navigate the complex landscape of benefits provision while adhering to their religious beliefs. By doing so, the organization enables these employers to maintain their moral integrity while providing for the well-being of their employees, thereby upholding a harmonious balance between faith and work.
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Impact
July, 2024
The Catholic Benefits Association has made a significant impact by assisting Catholic employers in providing benefits to employees that align with Catholic moral principles. They have been working diligently to maintain litigation challenging laws and regulations that compel Catholic employers to offer health and welfare benefits that contradict Catholic moral beliefs. Through their efforts, the organization supports a wide range of Catholic entities, including dioceses, parishes, religious institutes, charities, schools, and healthcare institutions, in upholding Catholic values in their employee benefit offerings. Their work plays a crucial role in preserving the religious freedom and convictions of Catholic organizations in the realm of employee benefits.
This information is meant to be a general summary of Catholic Benefits Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,636,798
- Gross Receipts: $1,655,726
Assets and Liabilities:
- Total Assets: $2,500,682
- Total Liabilities: $81,537
- Net Assets: $2,419,145
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP & LITIGATION DUES
Revenue
$1,593,084
CONSULTATIVE SERVICE REVENUE
Revenue
$43,714
Organization Details
Founding Year
2013
Phone
(303) 688-3822Principal Officer
Douglas G Wilson
Main Address
695 JERRY STREET SUITE 306, CASTLE ROCK, CO, 80104
NTEE Category
Code: X22 - Religion related
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