Legatus is located in Ann Arbor, MI. The organization was established in 1989. 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 $82.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $104.9k 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 |
|---|---|---|---|
Norm Basso President | 1 | $0 | |
Mary Beth Osborne Vice President | 1 | $0 | |
William Lytle Treasurer | 1 | $0 | |
Jen Weber Program Chair | 1 | $0 | |
Rick Berger Membership | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,785 |
| Total Program Service Revenue | $0 |
| Membership dues | $75,251 |
| Investment income | $275 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,311 |
| 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 | $30,083 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $80 |
| Other expenses | $74,726 |
| Total expenses | $104,889 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,210 |
| Other assets | $0 |
| Total assets | $85,210 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,210 |