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 $115.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $101.6k during the year ending 12/2023. While expenses have increased by 9.1% 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 |
|---|---|---|---|
David Thompson President | 5 | $0 | |
Terry Murphy Vice President | 1 | $0 | |
Frank Maurno Treasurer | 2 | $0 | |
Erin Nickler Program Chair | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,749 |
| Total Program Service Revenue | $0 |
| Membership dues | $110,251 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,000 |
| 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 | $29,239 |
| Occupancy, rent, utilities, and maintenance | $59,135 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,198 |
| Total expenses | $101,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,836 |
| Other assets | $0 |
| Total assets | $63,836 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,836 |