Catholic Charities of St Louis

“The articles of the corporation were amended and restated to change the name of the organization from catholic charities of st. Louis to catholic charities of the archdiocese of st. Louis and to update the purpose of the organization.”

“Ccstl has one member - the archbishop of st. Louis.”

“As a member with reserved powers, the archbishop of st. Louis has the authority to appoint up to 50% of the board of directors and to approve all candidates to the board of directors.”

“Ccstl's by-laws reserve various decision-making powers to the archbishop of st. Louis. Additionally, the audit committee of the archdiocese of st. Louis is responsible for the selection of the independent auditor for all archdiocesan entities, including ccstl.”

“The form 990 is prepared by an independent accounting firm. Ccstl provides a draft copy of the form 990 to the board members prior to filing. Once their questions and comments are cleared by management, the form 990 is finalized for filing and a representation letter is signed by the president of ccstl. The form 990 is filed with the irs.”

“Upon election to the board, new members are required to review and sign a conflict of interest policy confirmation. Additionally, existing officers, board members and key employees are required to review and sign the conflict of interest policy confirmation annually.”

“Ccstl reviews and considers several factors when establishing and/or updating compensation; including national and local inflation rates, internal funding capacities, planned salary adjustment guidelines per the archdiocese of st. Louis, and third-party salary surveys. Employee salaries are reviewed as part of the annual budget process and adjusted in conjunction with yearly employee performance reviews. The compensation of the president of catholic charities of the archdiocese of st. Louis is determined by the archbishop of st. Louis. Additionally, the board of directors reviews and approves overall planned federation compensation in conjunction with its budget review.”

“The governing documents and conflict of interest policy may be reviewed by interested parties upon written request to ccstl. The financial statements and form 990 are available on the ccstl's website (www.ccstl.org).”

“Catholic charities continues to strengthen its commitment to serving those in need through impactful partnerships and the launch of new ministries. Our collaboration with organizations such as bridge of hope in troy, mo, life's river in washington, mo, and caring hearts pregnancy resource center in potosi has allowed us to provide critical services to individuals and families facing various challenges, from homelessness to unplanned pregnancies. In addition, catholic charities is proud to introduce a new ministry, catholic charities housing, dedicated to addressing the growing affordable housing crisis across the archdiocese. This initiative focuses on providing safe, affordable housing options for vulnerable populations, particularly those experiencing homelessness, ensuring that we meet the urgent need for housing across the region. These partnerships and our new ministry reflect catholic charities' unwavering commitment to offering hope and support to the most vulnerable members of our community.”

“Ccstl provides centralized services to federation entities including a retirement plan. As such, ccstl reports in its financials the net retirement liability for ccstl and its members of $2,685,265. During 2024, the net retirement liability decreased by $1,404,106 due primarily to an increase in the fair value of the plan assets and an increase in the discount rate used to value the liability. Effective july 1, 2011, a 403(b) plan was created for employee retirement contributions going forward.”

“Pension - fasb 158 adjustment 1,157,930. Change in value of annuity liability 57,512.”

“The audit committee of the archdiocese of st. Louis assumes responsibility for oversight of the audit of the financial statements and selection of an independent auditor.”