Precious Blood Spirituality Institute

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

EIN: 873541202 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Precious Blood Spirituality Institute?

Precious Blood Spirituality Institute (PBSI) is a newly established nonprofit organization situated in Chicago, Illinois. Its primary objective is to promote and support Precious Blood spirituality and the charisms of the Precious Blood Communities within the Roman Catholic Church and globally. The institute acts as a resource for the leadership teams of these communities, assisting them in embodying the charism in their members' lives and ministries. Additionally, PBSI serves as a resource for individuals engaged in ministry within these communities, helping them incorporate the charism into their own work. PBSI collaborates with Catholic Theological Union in the creation and ongoing ministry of the institute, aiming to further its mission of fostering Precious Blood spirituality.


Official website here: www.pbspiritualityinstitute.org

Is Precious Blood Spirituality Institute legitimate?

Precious Blood Spirituality Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Blood Spirituality Institute 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


Official website here: www.pbspiritualityinstitute.org

What is the mission statement of Precious Blood Spirituality Institute?

The Precious Blood Spirituality Institute, abbreviated as PBSI, is committed to promoting Precious Blood spirituality and the charisms of the Precious Blood Communities within the Roman Catholic Church and the global community. It serves as a resource to the leadership teams of the Precious Blood congregations, offering assistance as they encourage the embodiment of the charism in the lives and ministries of their members. Furthermore, PBSI acts as a resource to all those involved in ministry within the Precious Blood communities, helping them incorporate the charism into their own ministries. The institute collaborates with Catholic Theological Union in creating and maintaining the PBSI's ongoing ministry. In essence, its mission is to foster and support the embodiment of the Precious Blood charism in various congregations and ministries.


Official website here: www.pbspiritualityinstitute.org

Who is the CEO of Precious Blood Spirituality Institute?

Victoria Otto is the President of Precious Blood Spirituality Institute.


Official website here: www.pbspiritualityinstitute.org

What is the revenue of Precious Blood Spirituality Institute?

Precious Blood Spirituality Institute's revenue in 2022 was $604,671.


Official website here: www.pbspiritualityinstitute.org

Who are the executives of Precious Blood Spirituality Institute and what are their salaries?

There 6 volunteers at Precious Blood Spirituality Institute.


Here are 7 key members and their salaries:


Maria Hughes (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Hartke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joni Belford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Elliott (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Rawlings (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Kelly (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Otto (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pbspiritualityinstitute.org

Where can I find the form 990 for Precious Blood Spirituality Institute?

Precious Blood Spirituality Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pbspiritualityinstitute.org

Learn more at the official website: www.pbspiritualityinstitute.org

Mission Statement of Precious Blood Spirituality Institute

The Precious Blood Spirituality Institute, abbreviated as PBSI, is a religious and educational organization with a mission to promote Precious Blood spirituality and the charisms of the Precious Blood Communities within the Roman Catholic Church and the world. Their primary objective is to facilitate and encourage collaboration among these communities, offering assistance to their leadership teams as they strive to embody the charism in the lives and ministries of their members.

Furthermore, PBSI serves as a resource to all those engaged in ministry within the Precious Blood communities, aiding them in embodying the charism in their own ministries. The Institute collaborates with Catholic Theological Union in the creation and ongoing ministry of PBSI, aiming to support the broader goals and purposes of its affiliated congregations. In essence, the Precious Blood Spirituality Institute seeks to foster unity and shared spiritual growth among the Precious Blood Communities, empowering them to embody their charism in their individual and collective ministries.

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Impact




July, 2024

The Precious Blood Spirituality Institute's impact lies in its mission to promote Precious Blood spirituality and the charisms of the Precious Blood Communities within the Roman Catholic Church and beyond. By serving as a resource to the leadership teams of Precious Blood congregations and those in ministry, the institute plays a crucial role in fostering the embodiment of the charism in the lives and ministries of its members. Through its collaborative efforts and supportive initiatives, the institute contributes to the preservation and dissemination of Precious Blood spirituality, making a meaningful difference in the spiritual lives of many within the Catholic community.




This information is meant to be a general summary of Precious Blood Spirituality Institute. 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
$604,671 (2022)
Expenses
$52,768 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $404,671
  • Gross Receipts: $604,671

Assets and Liabilities:

  • Total Assets: $8,766,407
  • Total Liabilities: $10,000,000
  • Net Assets: -$1,233,593

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Organization Details

Founding Year

2021

Principal Officer

Victoria Otto

Main Address

845 E Drexel Square, Chicago, IL, 60615

NTEE Category

Code: X22 - Religion related

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