2024-03-13T21:05:25-05:00 2023-04-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-05-01 351283188 AVE MARIA PRESS INC % DAVID DITS AVEM 5742872831 PO BOX 428 NOTRE DAME IN 46556 DAVID DITS DIRECTOR OF FINANCE 5742872831 2024-03-15 true KAREY CIRCOSTA 999009999 ANNE E WHITE P01708202 2604604000 3 2022 2023-04-26 12:10:37Z KAREY CIRCOSTA PO BOX 428 NOTRE DAME IN 46556 7305416 false X WWW.AVEMARIAPRESS.COM X 1994 IN CATHOLIC PUBLISHING COMPANY THAT SERVES THE SPIRITUAL & FORMATIVE NEEDS OF THE CHURCH, ITS SCHOOLS, MINISTERS, INSTITUTIONS, CHRISTIANS AND THOSE SEEKING SPIRITUAL KNOWLEDGE. 14 11 54 13 0 0 0 156241 0 0 1012778 477559 3024839 2998000 4037617 3631800 150000 150000 0 0 1535417 1583894 0 0 0 1333601 1445550 3019018 3179444 1018599 452356 14191003 13515018 1349115 1758492 12841888 11756526 X FOUNDED IN 1865 AT NOTRE DAME, INDIANA, AVE MARIA PRESS, INC, A MINISTRY OF THE CONGREGATION OF HOLY CROSS UNITED STATES PROVINCE, INC, IS A CATHOLIC PUBLISHING COMPANY. THEY SERVE THE SPIRITUAL AND FORMATIVE NEEDS OF THE CHURCH AND ITS SCHOOLS, INSTITUTIONS, AND MINISTERS, CHRISTIAN INDIVIDUALS AND FAMILIES, AND OTHERS SEEKING SPIRITUAL NOURISHMENT. IN THE TRADITION OF THE HOLY CROSS, THEY ARE COMMITTED, AS EDUCATORS IN THE FAITH, TO HELPING PEOPLE KNOW, LOVE AND SERVE GOD AND TO SPREADING THE GOSPEL OF JESUS THROUGH BOOKS AND OTHER RESOURCES. false false 2500957 150000 2998000 PUBLICATION AND DISTRIBUTION OF BOOKS AND OTHER RELIGIOUS TEXTS. 2500957 true true false false false false false false false false true false false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 232 0 54 true false false false false false false false false false false false false X 14 11 false false false false true true true true true false false true true true true true true true false false IN X DAVID DITS 5742872831 PO BOX 428 NOTRE DAME IN 46556 KAREY CIRCOSTA PUBLISHER/CEO 37.5 0.0 X X 158994 0 2235 JOSH NOEM START 52022 EDITORIAL DIRECTOR/SECRETARY 37.5 0.0 X X 59666 0 251 DAVID DITS START 112022 DIRECTOR OF FINANCE 37.5 0.0 X X 6278 0 0 DR JOHN CAVADINI BOARD MEMBER 1.0 0.0 X 0 0 0 THE REV KEVIN SANDBERG CHAIRMAN 1.0 0.0 X X 0 0 0 MR MIKE COYNE BOARD MEMBER 1.0 0.0 X 0 0 0 CHUCK LAMPHIER BOARD MEMBER 1.0 0.0 X 0 0 0 DR GERARD F BAUMBACH BOARD MEMBER 1.0 0.0 X 0 0 0 MS SUSAN WALLACE BOARD MEMBER 1.0 0.0 X 0 0 0 THE REV ANDREW GARWYCH CSC BOARD MEMBER 1.0 0.0 X 0 0 0 THE REV NATHAN WILLS CSC BOARD MEMBER 1.0 0.0 X 0 0 0 THE REV VINCENT KUNA CSC BOARD MEMBER 1.0 0.0 X 0 0 0 THE REV WILLIAM BEAUCHAMP CSC BOARD MEMBER 1.0 0.0 X 0 0 0 THE REV WILLIAM LIES CSC PRESIDENT 1.0 0.0 X X 0 0 0 224938 0 2486 1 false true false 0 156241 156241 0 122025 122025 0 0 0 0 0 400656 45122 355534 355534 355534 0 0 0 0 0 0 6624632 3628494 2996138 2996138 MISCELLANEOUS REVENUE 900999 1862 1862 1862 3631800 2998000 477559 150000 150000 0 0 0 328172 328172 0 816160 734544 81616 0 76551 68896 7655 269809 242828 26981 93202 83882 9320 0 9966 9966 28245 28245 0 0 0 117909 117909 426304 426304 22801 20521 2280 12668 12668 0 59189 59189 67165 60449 6716 0 78710 70839 7871 39823 35841 3982 0 128048 124540 3508 12070 12070 POSTAGE 21006 18905 2101 SUBSCRIPTIONS 64326 57893 6433 REPAIRS & MAITENANCE 87172 78455 8717 UTILITIES 80085 72077 8008 190063 171056 19007 3179444 2500957 678487 0 600 600 185396 224296 0 0 704880 828250 0 0 0 0 0 0 1758568 2090303 361920 329206 1529220 1011825 343820 517395 10835819 9524968 0 0 0 0 0 0 0 0 14191003 13515018 778274 706976 0 0 17958 17958 0 0 0 0 0 0 0 0 0 0 552883 1033558 1349115 1758492 X 12841888 11756526 0 0 12841888 11756526 14191003 13515018 452356 -1537718 X false true X true false X 0 0 0 0 156241 156241 6471345 5858977 5493594 6315976 6624632 30764524 0 0 0 6471345 5858977 5493594 6315976 6780873 30920765 0 3355778 3245410 3287638 3127849 3200684 16217359 3355778 3245410 3287638 3127849 3200684 16217359 14703406 45525 28279 6372 106352 122025 308553 0 45525 28279 6372 106352 122025 308553 0 1152 0 192104 2352 1862 197470 6518022 5887256 5692070 6424680 6904760 31426788 0.46786 0.46536 0.00982 0.00668 X SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME: MISCELLANEOUS REVENUE 2018 AMOUNT: $ 1,152 2019 AMOUNT: $ NONE 2020 AMOUNT: $ 192,104 2021 AMOUNT: $ 2,352 2022 AMOUNT: $ 1,862 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 73132 59824 13308 0 108115 94453 13662 0 1347973 857548 490425 517395 0 DEFERRED COMPENSATION 363184 LINE OF CREDIT 670374 1033558 2094082 -1537718 -1537718 3631800 3631800 3179444 3179444 3179444 SCHEDULE D ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true Congregation of Holy Cross US Province Inc PO BOX 774 NOTRE DAME IN 46556 320344245 501 (C) (3) 150000 FMV OPERATIONS 1 SCHEDULE I, PART I, QUESTION 1 THE GRANT TO THE PROVINCE IS A RETURN OF REVENUE TO AVE MARIA'S RELIGIOUS ORDER. X false false false false false true false false false KAREY CIRCOSTA PUBLISHER/CEO 156023 0 2971 0 0 0 0 0 2235 0 161229 0 SCHEDULE J, PART I, LINE 6A THE ENTITY'S BONUS PLAN APPLIES EQUALLY FOR ALL OF ITS EMPLOYEES. THE BONUS PLAN DOES HAVE A NET INCOME FEATURE, HOWEVER, THE BONUS IS AN INCENTIVE TOOL AND NOT INTENDED TO DIVERT THE PROFITS OF AVE MARIA PRESS TO ITS EMPLOYEES. FORM 990, PART VI, LINE 1B KAREY CIRCOSTA, JOSH NOEM, AND DAVID DITS ARE ALL PAID EMPLOYEES OF AVE MARIA PRESS AND, AS SUCH, ARE CONSIDERED NON-INDEPENDENT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS. THE MEMBERS SHALL BE THE PROVINCIAL SUPERIOR AND THE MEMBERS OF THE PROVINCIAL COUNCIL (THE PROVINCIAL LEADERSHIP) OF THE CONGREGATION OF THE HOLY CROSS, UNITED STATES PROVINCE OF PRIESTS AND BROTHERS (THE PROVINCE). MEMBERS OF THE CORPORATION THAT CEASE TO BE MEMBERS OF THE PROVINCIAL LEADERSHIP SHALL CEASE TO BE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF AVE MARIA PRESS HAVE THE POWER TO APPOINT, ELECT OR REMOVE ANY OF THE DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE THE POWER TO APPROVE THE ADOPTION, ALTERATION, AMENDMENT OR REPEAL OF THE ARTICLES OF INCORPORATION OR BYLAWS. THEY ALSO HAVE THE POWER TO ADOPT AN AGREEMENT TO MERGE, CONSOLIDATE, DISSOLVE, OR OTHERWISE CHANGE THE CORPORATE STRUCTURE OF THE CORPORATION OR TO REVOKE ANY MERGER, CONSOLIDATION, DISSOLUTION OR ANY OTHER CHANGE IN THE CORPORATE STRUCTURE OF THE CORPORATION APPROVED BY THE MEMBERS. OTHER POWERS OF THE MEMBERS ARE STATED IN AVE MARIA PRESS' BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, DIRECTOR OF FINANCE, AND HUMAN RESOURCES MANAGER REVIEW THE FINISHED DOCUMENT BEFORE SENDING TO THE BOARD MEMBERS FOR THEIR REVIEW. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT CPA FIRM PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE SENT OUT ANNUALLY. ALL EMPLOYEES AND BOARD MEMBERS ARE COVERED BY THE POLICY. ANY POTENTIAL EMPLOYEE CONFLICTS ARE REVIEWED BY HUMAN RESOURCES AND/OR THE CEO. POTENTIAL CONFLICTS OF INDIVIDUAL (PRIMARILY RELIGIOUS) BOARD MEMBERS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE CEO. ALL CONFLICTS OF INTEREST ARE DEALT WITH INTERNALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD PERFORMS A COMPENSATION REVIEW AT EACH NOVEMBER BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CONGREGATION OF HOLY CROSS US PROVINCE PO BOX 774 NOTRE DAME IN 46556 320344245 CHURCH IN 501(C)(3) 1 NA false false true false false false false false false false false true false false false false false true false false