Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Legatus is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Legatus generated $134.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $121.0k during the year ending 12/2023. While expenses have increased by 11.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO STUDY, LIVE AND SPREAD THE CATHOLIC FAITH IN OUR BUSINESS, PROFESSIONAL AND PERSONAL LIVES. LOCAL CHAPTER OF LEGATUS HOLDS MONTHLY MEETINGS WHERE INDIVIDUALS SPEAK ON DEVELOPING ETHICAL PRACTICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Hyman President | 2 | $0 | |
Sarah Landman Vice President | 2 | $0 | |
Paul Kessen Treasurer | 1 | $0 | |
Scott Baier Secretary | 2 | $0 | |
Connie Burke Program Chair | 2 | $0 | |
John-William Trainer Liturgical | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,431 |
| Total Program Service Revenue | $0 |
| Membership dues | $131,545 |
| Investment income | $64 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,554 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $98,495 |
| Total expenses | $121,049 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,928 |
| Other assets | $0 |
| Total assets | $78,928 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,928 |