Catholic Charities of the Archdiocese

“The organization's Corporate Member is the Catholic Bishop of Chicago.”

“The governing body is elected as set out in the Corporate By-Laws under sections 3.2 and 5.2.”

“Decisions of the governing body may be subject to the approval by the Corporate Member as set out in the Corporate By-Laws under sections 2.2 and 2.3.”

“The Board of Directors has delegated the review and approval of the Form 990 to the Audit Committee. The Audit Committee reviewed and approved the Form 990 on January 21, 2022”

“On an annual basis, officers, directors and key employees are required to complete and sign a conflict of interest form where they disclose any potential conflicts of interest or affirmatively state that there are no conflicts of interest. Potential conflicts of interest are investigated and documented.”

“On an annual basis, the Executive Compensation Committee reviews and approves the compensation of covered employees which includes the CEO and other executives. In its review and approval of compensation, the Committee shall affirmatively determine that compensation is reasonable to the organization based on information sufficient to determine whether the value of services is the amount that would ordinarily be paid for like services by like enterprises that are tax exempt under like circumstances. Relevant information includes but is not limited to, compensation levels paid by similarly situated organizations that are tax exempt, for functionally comparable positions.”

“On an annual basis, the Executive Compensation Committee reviews and approves the compensation of covered employees which includes the CEO and other executives. In its review and approval of compensation, the Committee shall affirmatively determine that compensation is reasonable to the organization based on information sufficient to determine whether the value of services is the amount that would ordinarily be paid for like services by like enterprises that are tax exempt under like circumstances. Relevant information includes but is not limited to, compensation levels paid by similarly situated organizations that are tax exempt, for functionally comparable positions.”

“Form 1023 is not applicable. Catholic Charities' tax exemption status is covered under the U.S. Conference of Catholic Bishops group exemption ruling. Catholic Charities' Form 990 is available on Guidestar's website. Guidestar receives the Agency's Form 990 directly from the IRS.”

“Governing documents, Conflict of Interest Policy, and audited financial statements are available upon request.”

“OTHER PROGRAM SERVICES 4: Education and Training serves individuals from birth to adulthood. Families with young children through age twelve are able to use one of seven Head Start or Child Care centers throughout Cook County. The Peace Corner provides after school enrichment programs to children in the Austin Community. Employment programs are offered to high school youth in the summer, and adults throughout the year, to equip people with the skills they need to be successful in the workplace. Total Clients Served: 6,366 OTHER PROGRAM SERVICES 5: Basic Human Needs - provision of emergency food and shelter, clothing, financial assistance, and transportation. Total Clients Served: 305,168 OTHER PROGRAM SERVICES 6: Senior Care - provides daily care to vulnerable senior and disabled individuals who require additional assistance to remain out of long-term institutional care. Individuals and their families benefit from day care services for seniors. Total Clients Served: 1,285”

“Fixed Asset Write Down to Market Value = -$1459222”

“Non-Service Component of Net Period Cost = -$620151”

“Pension Changes Other Than Net Periodic Cost = $23207767”

“The organization's financial statements were not audited as a stand alone organization but rather audited by an independent auditor as part of a consolidated entity which includes the organization and its related affiliates and is referred to as the Catholic Charities of the Archdiocese of Chicago Combined Financial Statements. The organization's audit committee assumes the responsibility of the audit of the combined financial statements. The audit committee of the organization's sole member is responsible in the selection of an independent accountant.The organization did undergo the required audit set forth in the Single Audit Act and OMB Circular A-133, as part of a consolidation. The audit report is referred to the Administrative and Service Delivery Operations of the Archdiocese of Chicago.”