The Tidings

“Certain rights are reserved for the archbishop in his capacity described herein.”

“There is no committee authorized to act on behalf of the governing body.”

“Prior to filing the form 990, appropriate persons, who are assigned by the board of directors, and the board of directors review the form 990 to ensure the return is accurate and complete.”

“All directors confirm annually whether or not any possible conflict of interest exists. If any information is provided suggesting a possible conflict, appropriate action is taken by the individual and the board to assure that the impacted individual(s) recuse themselves from those matters, as appropriate. Currently, there are no matters in which a conflict requiring such recusal exists. Several board members have industry expertise and involvement, which is useful in their contributions to the board. However, these matters do not create conflicts of interest.”

“The governing documents, conflict of interest policy, and financial statements are available upon request.”

“The officers that are clergy participate in a qualified retirement plan where they receive a monthly benefit based on years of service. They receive a benefit of $32.50 per month per year of credit service plus $33.33 per month. In addition, a supplemental employee retirement plan is maintained for priests from which funds are drawn for additional benefits not covered by the qualified plan, such as the allowance for living outside the rectory, certain medical reimbursements, car insurance, retreats, and convocations. However, a specific contribution is not made to the qualified or supplemental plan for each individual officer that is clergy.”

“Professional services: program service expenses 458,110. Management and general expenses 0. Fundraising expenses 0. Total expenses 458,110. News services: program service expenses 32,764. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,764.”