Nonprofit · EIN 41-0182070
CATHOLIC FINANCIAL LIFE FOUNDATION INC
Also known as 400 SEVEN DOLORS
Tax-exempt · ARDEN HILLS, MN 55126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $67,560,323 | $78,534,026 | -$10,973,703 | $951,784,215 | $931,802,481 | $19,981,734 |
| December 31, 2023 | 990 | $73,502,168 | $73,545,830 | -$43,662 | $999,429,811 | $974,988,442 | $24,441,369 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $38,090,271
- Investment income
- $26,345,979
- Net rental income
- $86,791
- Other revenue
- $3,124,073
Expenses
- Grants and similar amounts paid
- $355,276
- Benefits paid to members
- $55,004,951
- Compensation of officers, directors and key employees
- $994,361
- Other salaries and wages
- $3,421,363
- Salaries, compensation and benefits (total)
- $6,687,120
- Professional fundraising fees
- $0
- Legal fees
- $146,508
- Accounting fees
- $451,481
- Occupancy
- $267,716
- Travel
- $126,008
- Depreciation
- $253,085
- Program services (functional)
- $55,360,227
- Management and general (functional)
- $23,173,799
Balance sheet and other
- Total assets, start of year
- $999,429,811
- Total assets, end of year
- $951,784,215
- Total liabilities, end of year
- $931,802,481
- Net assets, end of year
- $19,981,734
- Land, buildings and equipment
- $2,079,795
- Publicly traded securities
- $841,214,134
- Gross receipts
- $67,968,323
- Employees
- 87
- Volunteers
- 1,186
- Year formed
- 1878
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael Ahles | President/Chairman Officer | 37.5 | $428,603 | $40,119 |
| Paul Zastrow | Sr. VP, Secretary/Treasurer Officer | 37.5 | $365,914 | $37,475 |
| John Tetzloff | Director of Sales Highest-paid employee | 37.5 | $230,641 | $30,486 |
| Gregory Gall | Central Regional Director Highest-paid employee | 37.5 | $202,901 | $16,664 |
| John Kolodziejczyk | Directorof Information Systems Highest-paid employee | 37.5 | $170,293 | $31,811 |
| Gary Maki | Director of Human Resources Highest-paid employee | 37.5 | $162,034 | $37,364 |
| Butch Byers | Southwest Regional Director Highest-paid employee | 37.5 | $183,952 | $1,434 |
| Jack Kerbeshian | Director of Product Highest-paid employee | 37.5 | $179,979 | $1,730 |
| Renee Brod | Board Member Trustee or director | 3 | $18,750 | $0 |
| James Wensel | Board Member Trustee or director | 3 | $17,250 | $0 |
| Martin Seifert | Board Member Trustee or director | 3 | $17,250 | $0 |
| Jean Hart | Board Member Trustee or director | 3 | $17,250 | $0 |
| Jason A Adkins | Board Member Trustee or director | 3 | $17,250 | $0 |
| James Gibbons | Board Member Trustee or director | 3 | $17,250 | $0 |
| William Lucas | Board Member Trustee or director | 3 | $17,250 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael Ahles | President/Chairman Trustee or director, Officer | 37.5 | $386,990 | $40,066 |
| Paul Zastrow | Sr. VP, Secretary/Treasurer Trustee or director, Officer | 37.5 | $334,969 | $37,451 |
| John Tetzloff | Director of Sales Highest-paid employee | 37.5 | $213,043 | $30,413 |
| John Kolodziejczyk | Directorof Information Systems Highest-paid employee | 37.5 | $159,130 | $31,720 |
| Butch Byers | Southwest Regional Director Highest-paid employee | 37.5 | $175,149 | $1,403 |
| Gregory Gall | Central Regional Director Highest-paid employee | 37.5 | $151,907 | $16,736 |
| Jack Kerbeshian | Director of Product Highest-paid employee | 37.5 | $161,769 | $1,529 |
| Renee Brod | Board Member Trustee or director | 3 | $23,550 | $0 |
| James Wensel | Board Member Trustee or director | 3 | $23,250 | $0 |
| Martin Seifert | Board Member Trustee or director | 3 | $21,250 | $0 |
| Jean Hart | Board Member Trustee or director | 3 | $19,250 | $0 |
| Robert F Krattenmaker | Board Member Trustee or director | 3 | $18,850 | $0 |
| James Gibbons | Board Member Trustee or director | 3 | $18,850 | $0 |
| William Lucas | Board Member Trustee or director | 3 | $18,850 | $0 |
Address and contacts
- Address (IRS master file)
- 3499 LEXINGTON AVE N, ARDEN HILLS, MN 55126-7055
- Mailing address (990-N for 2022)
- 3499 Lexington Ave N, Saint Paul MN 55126
- Principal officer (990 for 2024)
- Paul Zastrow, 3499 Lexington Ave N, Arden Hills, MN 55126
- Principal officer (990-N for 2022)
- HEIDI EIYNCK, 19551 MORNINGSTAR RD, AVON MN 56310
- Signed the 990
- Paul Zastrow, VP Secretary/Treasurer
- Phone
- (651) 490-0170
Mission
Catholic United Financial exists as a not-for-profit fraternal benefit society to: Promote fraternalism and charity among its members through a Local Council system and a representative form of goverment. Provide its members with life insurance, annuities and other products, services and benefits that will contribute to the financial well-being of our members and their families. Support the Roman Catholic Church in extending the faith, especially by commending and encouraging Catholic schools and religious education. Strive to be a good employer and contributing member of our community.
Program accomplishments
- Benefits totaling $54,621,648 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. $11,361,331 was paid in death claims, $43,200,167 was paid for annuity, supplementary contract and other policy benefits, and $60,150 was paid for secondary and post-secondary scholarships.Expenses $54,621,648
- In accordance with our mission to promote fraternalism and charity among our members through a local council system and representative governance, $366,855 was provided to our Councils and communities. Of this amount, $130,325 was spent on Local Councils, $70,608 on matching grants, $113,118 was spent to conduct Regional Member Gatherings, $10,006 on miscellaneous donations, and $42,798 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.Expenses $366,855
- 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 $371,724 were spent during the year. Of this total, $32,245 was provided for contributions, $274,620 was spent as operating support for our Foundation, and $147,840 was spent supporting Catholic education, including the Annual Catholic Schools Raffle. This Raffle has raised over $16 million for over 150 Catholic schools since its inception 16 years ago.Expenses $371,724
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0182070
- Tax-exempt status
- 501(c)(8): Fraternal beneficiary society
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation; Group exemption; Fraternal lodge, deductible only for charitable purposes
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0263 (21 member organizations)
- Assets (IRS master file)
- $951,784,215
- Income (IRS master file)
- $67,968,323
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $67,560,323 | $78,534,026 | $951,784,215 | XML |
| 990 | December 2023 | $73,502,168 | $73,545,830 | $999,429,811 | XML |
| 990-N for 2022 Officer: HEIDI EIYNCK | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: JAMES FISCHER | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: JAMES FISCHER | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0182070).
Questions about CATHOLIC FINANCIAL LIFE FOUNDATION INC
- What is the EIN of CATHOLIC FINANCIAL LIFE FOUNDATION INC?
- The employer identification number (EIN) of CATHOLIC FINANCIAL LIFE FOUNDATION INC is 41-0182070.
- Is CATHOLIC FINANCIAL LIFE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(8) since 1940.
- Are donations to CATHOLIC FINANCIAL LIFE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation; Group exemption; Fraternal lodge, deductible only for charitable purposes).
- Which annual return does CATHOLIC FINANCIAL LIFE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CATHOLIC FINANCIAL LIFE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CATHOLIC FINANCIAL LIFE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CATHOLIC FINANCIAL LIFE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Paul Zastrow.
- Who are the officers and directors of CATHOLIC FINANCIAL LIFE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 15 received compensation from the organization, the highest $428,603 (Michael Ahles, President/Chairman).
- How much revenue does CATHOLIC FINANCIAL LIFE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $67,560,323, expenses of $78,534,026 and total assets of $951,784,215 at year end.
Organizations in its group exemption (21)
- CATHOLIC UNITED FINANCIAL EIN 23-7570604 · SAINT PAUL, MN · last filed 990-N for 2023
- CATHOLIC UNITED FINANCIAL EIN 23-7570658 · SAINT PAUL, MN · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 23-7570518 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 41-1764814 · SAINT PAUL, MN · last filed 990-N for 2023
- CATHOLIC UNITED FINANCIAL EIN 47-3980986 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7570516 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 83-0388886 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 23-7570563 · SAINT PAUL, MN · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 23-7570517 · SAINT PAUL, MN · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 23-7570584 · SAINT PAUL, MN · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 36-3391472 · SAINT PAUL, MN · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 82-1297941 · SAINT PAUL, MN · last filed 990-N for 2023
- CATHOLIC UNITED FINANCIAL EIN 23-7570510 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 23-7570506 · ARDEN HILLS, MN · last filed 990-N for 2024
- CATHOLIC UNITED FINANCIAL EIN 23-7570574 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 37-1603546 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 23-7570500 · SAINT PAUL, MN · last filed 990-N for 2025
- CATHOLIC UNITED FINANCIAL EIN 41-1944193 · SAINT PAUL, MN · last filed 990-N for 2023
- CATHOLIC UNITED FINANCIAL EIN 23-7570585 · SAINT PAUL, MN · last filed 990-N for 2023
- CATHOLIC UNITED FINANCIAL EIN 41-1801932 · SAINT PAUL, MN · last filed 990-N for 2023
Other nonprofits in ARDEN HILLS
- CRITICAL CARE SERVICES INC EIN 41-1518013 · last filed 990 for 2025
- LAND OLAKES VENTURE37 EIN 47-4378405 · last filed 990 for 2025
- LAKE JOHANNA VOLUNTEER FIRE DEPARTMENT EIN 23-7272044 · last filed 990 for 2025
- GROTTO FOUNDATION INC EIN 41-6052604 · last filed 990-PF for 2025
- RABATA INC EIN 46-4208628 · last filed 990 for 2024
- JACKS BASKET EIN 81-4310519 · last filed 990-N for 2025
- AMPLIO ECONOMIC DEVELOPMENT CORPORATION EIN 41-1577185 · last filed 990 for 2025
- MINNESOTA ASSOC OF SECONDARY SCHOOL PRINCIPALS EIN 41-0909032 · last filed 990 for 2025