Central Catholic Development Foundation is located in Grand Island, NE. The organization was established in 1980. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Central Catholic Development Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Catholic Development Foundation 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 06/2022, Central Catholic Development Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 12.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS FOR CENTRAL CATHOLIC MIDDLE SCHOOL-HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS DISTRIBUTED TO CENTRAL CATHOLIC SCHOOLS TO HELP DEFRAY RELIGIOUS AND EDUCATION COSTS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jolene Wojcik Executive Di | Officer | 40 | $97,508 | 
| Greg Alberts Member | Trustee | 1 | $0 | 
| Casey Clausen Member | Trustee | 1 | $0 | 
| Stephanie Connick Member | Trustee | 1 | $0 | 
| Jackie Gellatly Member | Trustee | 1 | $0 | 
| Randy Gleason Past Preside | OfficerTrustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $65,000 | 
| All other contributions, gifts, grants, and similar amounts not included above | $2,558,094 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,623,094 | 
| Total Program Service Revenue | $0 | 
| Investment income | $221,554 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $11,944 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $494,764 | 
| Net Income from Gaming Activities | $27,813 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $3,379,169 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,515,453 | 
| Grants and other assistance to domestic individuals. | $28,845 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $97,508 | 
| Compensation of current officers, directors, key employees. | $9,751 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $67,993 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $3,070 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $54,720 | 
| Advertising and promotion | $21,902 | 
| Office expenses | $9,583 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $432 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $6,765 | 
| Insurance | $1,184 | 
| All other expenses | $1,928 | 
| Total functional expenses | $1,851,449 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,233 | 
| Savings and temporary cash investments | $1,491,012 | 
| Pledges and grants receivable | $1,126,442 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $10,286 | 
| Net Land, buildings, and equipment | $19,007 | 
| Investments—publicly traded securities | $3,673,170 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $233,255 | 
| Total assets | $6,743,405 | 
| Accounts payable and accrued expenses | $42,859 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $7,950 | 
| Total liabilities | $50,809 | 
| Net assets without donor restrictions | $1,742,325 | 
| Net assets with donor restrictions | $4,950,271 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $6,743,405 | 
Over the last fiscal year, Central Catholic Development Foundation has awarded $786,623 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| CENTRAL CATHOLIC MIDDLE SCHOOL-HIGH | | | $657,776 | 
| CENTRAL CATHOLIC MIDDLE SCHOOL-HIGH PURPOSE: SCHOLARSHIPS | $128,847 |