EIN 41-0182070

Catholic United Financial

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
Catholic United Financial is a non-profit fraternal benefit society offering life insurance, annuities, and financial support to the Roman Catholic Church.
Related structure
Catholic United Financial is a parent organization to a group of 141 other organizations.
Also known as...
Catholic Aid Association; 400 Seven Dolors
Total revenues
Total expenses
Total assets
Num. employees

Program areas at Catholic United Financial

Benefits totaling $61,598,907 were paid to our members in accordance with our mission to provide life insurance, annuities and other products, services and benefits that contribute to the financial well-being of our members and their families. $10,514,576 was paid in death claims, $50,940,254 was paid for annuity, supplementary contract and other policy benefits, and $144,077 was paid for post-high school scholarships.
In accordance with our mission to support the Roman Catholic Church in extending the faith, commending and encouraging Catholic schools and religious education, Fraternal benefits totaling $447,620 were spent during the year. Of this total, $91,923 was provided to Catholic Dioceses and parishes, $7,500 was granted to organizations supportive of extending Catholic teachings, $182,659 was spent as operating support for our Foundation, and $165,538 was spent supporting Catholic education, including the Annual Catholic Schools Raffle. This Raffle has raised almost $12 million for over 100 Catholic schools since its inception thirteen years ago.
In accordance with our mission to promote fraternalism and charity among our members through a local council system and representative governance, $410,096 was provided to our Councils and communities. Of this amount, $112,299 was spent to conduct our Tri Annual Convention and Regional Member Gatherings, $19,653 was spent on Member Recognition programs and conducting Gather4Good events. Gather4Good is a volunteer, family oriented service project started in 2010 to assemble personal care kits for people in the local community experiencing homelessness.

Grants made by Catholic United Financial

GranteeGrant descriptionAmount
Catholic Schools Center of Excellence (CSCOE)Catholic Education$40,000
St Henry Catholic ChurchCatholic Education$20,000

Who funds Catholic United Financial

Grants from foundations and other nonprofits
Catholic United Financial FoundationOperational Support$140,263

Personnel at Catholic United Financial

Michael AhlesPresident and Chief Executive Officer$379,798
Heidi EiynckPresident
James "Jim" GibbonsDirector of Operations$18,050
Angela ForsmanDirector of Finance$154,361
John KolojziejczykDirector of Information Systems$152,841
...and 8 more key personnel

Financials for Catholic United Financial

RevenuesFYE 12/2021
Total grants, contributions, etc.$0
Program services$44,030,093
Investment income and dividends$12,709,656
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$61,991
Net gain from sale of non-inventory assets$2,234,832
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,236,453
Total revenues$64,273,025

Form 990s for Catholic United Financial

Fiscal year endingDate received by IRSFormPDF link
2020-122021-09-07990View PDF
2018-122019-10-16990View PDF
2017-122018-10-16990View PDF
2016-122017-10-17990OView PDF
2015-122016-10-13990OView PDF
...and 6 more Form 990s

Organizations like Catholic United Financial

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Catholic Life InsuranceSan Antonio, TX$118,816,051
Catholic Financial LifeMilwaukee, WI$138,292,152
Police and Firemens Insurance AssociationCarmel, IN$49,657,782
CSA Fraternal LifeLombard, IL$24,229,439
BetterLifeMadison, WI$59,441,063
Catholic Order of Foresters (COF)Naperville, IL$114,599,440
Hermann Sons LifeSan Antonio, TX$23,747,654
Woman's Life Insurance SocietyPort Huron, MI$20,989,003
Sons of NorwayMinneapolis, MN$46,264,264
Data update history
June 5, 2023
Updated personnel
Identified 4 new personnel
May 22, 2023
Used new vendors
Identified 1 new vendor, including
May 20, 2023
Received grants
Identified 1 new grant, including a grant for $140,263 from Catholic United Financial Foundation
May 1, 2023
Posted financials
Added Form 990N for fiscal year 2022
September 28, 2022
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Fraternal societiesMutual assistance organizationsInsurance companiesHeadquarter / parent organizationsCharities
No issues found
Endowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
3499 Lexington Ave N
Arden Hills, MN 55126
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
(651) 490-0170
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Parent of group exemption
Central organization
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