Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related 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 $68.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $103.7k during the year ending 12/2023. 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 |
|---|---|---|---|
Ralph Capitelli President | 2 | $0 | |
Nicole Regan Vice President | 1 | $0 | |
Ronald Dawson Treasurer | 3 | $0 | |
Debbie Perrone Program Chair | 2 | $0 | |
Arthur Dupre Membership | 2 | $0 | |
Brian North At Large Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,190 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,710 |
| Investment income | $2,213 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,113 |
| 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 | $25,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,658 |
| Total expenses | $103,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,809 |
| Other assets | $0 |
| Total assets | $144,809 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,809 |