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St Michael Cathedral Catholic Diocese Of Segh Inc

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

EIN: 464866872 ✦ Lewis center, OH ✦ Designated as a 501(c)(3)

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Overview

What is St Michael Cathedral Catholic Diocese Of Segh Inc?

St. Michael Cathedral Catholic Diocese of Segh Inc, located in Lewis Center, Ohio, serves as a dedicated fundraising organization. Their primary mission involves providing support to St. Michael Cathedral, part of the Catholic Diocese of Segheneity. Through their efforts, they aim to bolster the cathedral's resources and capabilities, ensuring its continued operation and growth. The organization's headquarters can be found at 864 Tapestry Park Drive, Suite 202, in Lewis Center, Ohio.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

St Michael Cathedral Catholic Diocese Of Segh Inc has received a rating of 77%, which translates to a Three-Star designation. This rating reflects the organization’s strong performance in Accountability & Finance, as it is evaluated based entirely on this single beacon score. The charity's fiscal health appears robust, with no liabilities relative to its assets and a commendable allocation of 100% of its expenses towards its programs.

The organization demonstrates a commitment to transparency and effective governance, with a fully independent board of directors and no reported material diversion of assets. However, certain governance policies are lacking, including a whistleblower policy and documentation of board meeting minutes, which may raise questions about oversight practices.

Overall, while the organization showcases strong financial health and accountability, the absence of specific governance documents could be an area for improvement. This evaluation highlights both the strengths and limitations of St Michael Cathedral Catholic Diocese Of Segh Inc, suggesting that while it is financially sound, enhancing governance practices could further bolster its credibility.


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

Is St Michael Cathedral Catholic Diocese Of Segh Inc legitimate?

St Michael Cathedral Catholic Diocese Of Segh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Michael Cathedral Catholic Diocese Of Segh 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of St Michael Cathedral Catholic Diocese Of Segh Inc?

St. Michael Cathedral Catholic Diocese of Segh Inc's primary objective is centered around fundraising and providing support to St. Michael Cathedral. This organization's mission is geared towards enhancing the operations and well-being of the Catholic Diocese of Segheneity's main cathedral. By engaging in fundraising activities, they aim to secure the necessary resources to sustain and improve the cathedral's services and infrastructure. Additionally, they provide direct support to the cathedral, ensuring its continued operation and spiritual growth.

Who is the CEO of St Michael Cathedral Catholic Diocese Of Segh Inc?

Tesfamichael Tseghai is the Vice President of St Michael Cathedral Catholic Diocese Of Segh Inc.

What is the revenue of St Michael Cathedral Catholic Diocese Of Segh Inc?

St Michael Cathedral Catholic Diocese Of Segh Inc's revenue in 2022 was $71,614.

Who are the executives of St Michael Cathedral Catholic Diocese Of Segh Inc and what are their salaries?


Here are 4 key members and their salaries:


Tsega Weldemariam (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zeru Aman (Co- Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hailu (President Co- Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tesfamichael Tseghai (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Michael Cathedral Catholic Diocese Of Segh Inc?

St Michael Cathedral Catholic Diocese Of Segh Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Michael Cathedral Catholic Diocese Of Segh Inc

St. Michael Cathedral Catholic Diocese of Segh Inc is a nonprofit organization dedicated to raising funds and providing support for St. Michael Cathedral, a prominent Catholic institution. Its mission is centered around financially sustaining and enhancing the operations of the cathedral, ensuring its continued presence and influence in the Catholic community. Through various fundraising initiatives, St. Michael Cathedral Catholic Diocese of Segh Inc aims to contribute to the cathedral's maintenance, upkeep, and development, thereby ensuring its ability to serve its congregation and the wider community effectively.

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Impact




August, 2024

St Michael Cathedral Catholic Diocese Of Segh Inc's impact lies in its crucial role in supporting St. Michael Cathedral and the Catholic Diocese of Segheneity. Through its fundraising efforts and provision of support, the organization contributes significantly to the maintenance and growth of these religious institutions. The work of St Michael Cathedral Catholic Diocese Of Segh Inc directly impacts the local community by fostering a thriving Catholic community and providing essential resources for spiritual development. By focusing on fundraising and support provision, the organization enables St. Michael Cathedral and the Catholic Diocese of Segheneity to continue their important work in promoting faith, community engagement, and religious education in Lewis Center, Ohio.




This information is meant to be a general summary of St Michael Cathedral Catholic Diocese Of Segh 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.

Revenue
$71,614 (2022)
Expenses
$69,711 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $71,614

Assets and Liabilities:

  • Total Assets: $1,031,817
  • Total Liabilities: $0
  • Net Assets: $1,031,817

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Organization Details

Founding Year

2014

Principal Officer

Tesfamichael Tseghai

Main Address

864 TAPESTRY PARK DR STE 202, LEWIS CENTER, OH, 43035

NTEE Category

Code: X20 - Religion related

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