Overview
What is Catholic Investment Services Inc?
Catholic Investment Services Inc, situated in Boston, Massachusetts, is a nonprofit organization with a mission to promote socially responsible investments for institutions. They provide education about this type of investing and support various educational projects. Additionally, they sponsor, administer, and manage pooled investment funds that adhere to socially responsible investment guidelines published by the Roman Catholic Bishops of the United States. With a team of eight dedicated individuals, Catholic Investment Services Inc plays a significant role in guiding institutions towards socially responsible investment practices.
Official website here: www.catholicinvest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Catholic Investment Services Inc has achieved a high score of 96%, demonstrating strong performance in accountability and finance. This rating is significant as it reflects the organization's commitment to transparency and responsible financial management. The charity has a solid structure, with 85% of its board members being independent, which helps ensure unbiased governance.
The organization excels in several key areas, including having an effective audit and oversight committee, a comprehensive conflict of interest policy, and a whistleblower policy in place. This level of oversight indicates a strong commitment to ethical practices and accountability. Additionally, the program expense ratio of 73.92% suggests that a significant portion of its funds is allocated directly to its programs, indicating a focus on mission-driven activities.
While the data is overwhelmingly positive, it is important to note that the overall assessment is based solely on the accountability and finance beacon. There may be other aspects of the organization's performance or impact that are not captured in this score, which could provide a more holistic view of its effectiveness. Nonetheless, the high rating reflects a well-managed nonprofit dedicated to its financial and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Investment Services Inc legitimate?
Catholic Investment Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Investment Services 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $340,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $855,500
For more financial information, click here
Official website here: www.catholicinvest.org
What is the mission statement of Catholic Investment Services Inc?
Catholic Investment Services Inc's mission is centered around promoting socially responsible investments for institutions. They achieve this by providing educational resources about socially responsible investing and supporting various educational projects. Furthermore, the organization sponsors, administers, and manages pooled investment funds in accordance with socially responsible investment guidelines published by the Roman Catholic Bishops of the United States. This commitment to socially responsible investing aims to make a positive impact on society while delivering financial returns.
Official website here: www.catholicinvest.org
Who is the CEO of Catholic Investment Services Inc?
Thomas Lanctot is the Chairman/Director of Catholic Investment Services Inc. The CEO's salary of Catholic Investment Services Inc is $385,000 and their total compensation is $540,500.
Official website here: www.catholicinvest.org
What is the revenue of Catholic Investment Services Inc?
Catholic Investment Services Inc's revenue in 2022 was $1,984,985.
Official website here: www.catholicinvest.org
Who are the executives of Catholic Investment Services Inc and what are their salaries?
The average compensation at Catholic Investment Services Inc during 2022 was $149,500. There are 8 employees at Catholic Investment Services Inc.
Here are 11 key members and their salaries (Catholic Investment Services Inc's CEO's salary is $385,000 and their total compensation is $540,500):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $385,000
- Related: $0
- Other: $155,500
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $270,643
- Related: $0
- Other: $93,514
- Compensation: $225,000
- Related: $0
- Other: $37,500
- Compensation: $142,107
- Related: $0
- Other: $36,106
- Compensation: $241,543
- Related: $0
- Other: $65,514
Official website here: www.catholicinvest.org
Where can I find the form 990 for Catholic Investment Services Inc?
Catholic Investment Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catholicinvest.org
Learn more at the official website: www.catholicinvest.org
Mission Statement of Catholic Investment Services Inc
Catholic Investment Services Inc is committed to promoting socially responsible investments for institutions. Its mission is threefold. Firstly, the organization aims to educate institutions about socially responsible investing. Secondly, it supports educational projects related to this field. Lastly, Catholic Investment Services Inc sponsors, administers, or manages pooled investment funds, ensuring that they adhere to socially responsible investment guidelines published by the Roman Catholic Bishops of the United States. This mission is in line with the organization's dedication to promoting socially responsible investments that align with the guidelines published by the Roman Catholic Bishops, benefiting both institutions and the broader community.
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Impact
July, 2024
Catholic Investment Services Inc's impact lies in promoting socially responsible investments for institutions, providing education about socially responsible investing, and supporting educational projects. By sponsoring, administering, and managing pooled investment funds in accordance with socially responsible investment guidelines published by the Roman Catholic Bishops of the United States, the organization plays a crucial role in aligning financial activities with ethical and moral considerations. This helps institutions make investment decisions that are in line with their values, contributing to a more ethical and sustainable financial landscape.
This information is meant to be a general summary of Catholic Investment Services Inc. 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.
- Investment Income: -$1,172
- Program Service Revenue: $1,940,956
- Gross Receipts: $1,986,686
Assets and Liabilities:
- Total Assets: $1,125,933
- Total Liabilities: $381,138
- Net Assets: $744,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVISORY FEES
Revenue
$1,940,956
Organization Details
Founding Year
2013
Phone
(617) 758-6588Principal Officer
Thomas Lanctot
Main Address
200 STATE STREET 15TH FLOOR, BOSTON, MA, 021092625
Website
www.catholicinvest.orgNTEE Category
Code: W99 - Public benefit
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