Nonprofit · EIN 45-1740219
CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE
Tax-exempt · CEDAR RAPIDS, IA 52405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,487,122 | $6,267,702 | $10,219,420 | $183,187,107 | $36,385,361 | $146,801,746 |
| June 30, 2024 | 990 | $11,589,032 | $5,398,282 | $6,190,750 | $164,181,885 | $33,743,862 | $130,438,023 |
| June 30, 2023 | 990 | $10,110,575 | $3,590,839 | $6,519,736 | $146,802,110 | $33,212,644 | $113,589,466 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,759,830
- Program service revenue
- $1,001,041
- Investment income
- $10,726,251
- Net gain from sales of assets
- $6,701,068
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,733,057
- Compensation of officers, directors and key employees
- $147,708
- Other salaries and wages
- $105,111
- Salaries, compensation and benefits (total)
- $285,750
- Professional fundraising fees
- $0
- Accounting fees
- $17,640
- Occupancy
- $14,400
- Travel
- $7,695
- Depreciation
- $1,478
- Program services (functional)
- $5,918,786
- Management and general (functional)
- $316,031
- Fundraising (functional)
- $32,885
Balance sheet and other
- Total assets, start of year
- $164,181,885
- Total assets, end of year
- $183,187,107
- Total liabilities, end of year
- $36,385,361
- Net assets, end of year
- $146,801,746
- Land, buildings and equipment
- $35,888
- Publicly traded securities
- $176,791,001
- Net assets without donor restrictions
- $146,801,746
- Gross receipts
- $174,102,550
- Employees
- 3
- Volunteers
- 13
- Year formed
- 2011
- State of legal domicile
- IA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michele Brock | Executive Director Officer | 40 | $120,868 | $16,216 |
| Louis Hagarty | Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Kevin Schmitt | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| John Fink | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Sarah Smith | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Mike Drees | Director Trustee or director | 0.5 | $0 | $0 |
| Kathleen Kleiman | Director Trustee or director | 0.5 | $0 | $0 |
| Paul Rottinghaus | Director Trustee or director | 0.5 | $0 | $0 |
| Archbishop Thomas Zinkula | Director Trustee or director | 0.5 | $0 | $0 |
| Anthony Tony Monaghan | Director Trustee or director | 0.5 | $0 | $0 |
| Tricia Lenz | Director Trustee or director | 0.5 | $0 | $0 |
| Pat Leonard | Director Trustee or director | 0.5 | $0 | $0 |
| Kirk Sadilek | Director Trustee or director | 0.5 | $0 | $0 |
| LuAnn Scholbrock | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michele Brock | Executive Director Officer | 40 | $113,515 | $17,739 |
| Brian McConnell | Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Louis Hagarty | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| John Fink | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Sarah Smith | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Jasmin Cisneros | Director until 4/29/24 Trustee or director | 0.5 | $0 | $0 |
| Kathleen Kleiman | Director as of 1/15/24 Trustee or director | 0.5 | $0 | $0 |
| Kevin Schmitt | Director Trustee or director | 0.5 | $0 | $0 |
| Archbishop Thomas Zinkula | Director as of 10/18/23 Trustee or director | 0.5 | $0 | $0 |
| Anthony Tony Monaghan | Director Trustee or director | 0.5 | $0 | $0 |
| Tricia Lenz | Director Trustee or director | 0.5 | $0 | $0 |
| Pat Leonard | Director Trustee or director | 0.5 | $0 | $0 |
| Kirk Sadilek | Director Trustee or director | 0.5 | $0 | $0 |
| LuAnn Scholbrock | Director Trustee or director | 0.5 | $0 | $0 |
| Bishop Richard Pates | Director until 10/17/23 Trustee or director | 0.5 | $0 | $0 |
| Jacqulyn Arthur | Director until 11/27/23 Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michele Brock | Executive Director Officer | 40 | $107,194 | $16,963 |
| Brian McConnell | Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Kim Berns | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Kathy Mersch | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Sarah Smith | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| John Fink | Director Trustee or director | 0.5 | $0 | $0 |
| Maureen Gronstal | Director Trustee or director | 0.5 | $0 | $0 |
| Louis Hagarty | Director Trustee or director | 0.5 | $0 | $0 |
| Archbishop Michael Jackels | Director (July-April) Trustee or director | 0.5 | $0 | $0 |
| Brian Kane | Director Trustee or director | 0.5 | $0 | $0 |
| Tricia Lenz | Director Trustee or director | 0.5 | $0 | $0 |
| Pat Leonard | Director Trustee or director | 0.5 | $0 | $0 |
| Kirk Sadilek | Director Trustee or director | 0.5 | $0 | $0 |
| LuAnn Scholbrock | Director Trustee or director | 0.5 | $0 | $0 |
| Bishop Richard Pates | Director starting April Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 5TH ST NW, CEDAR RAPIDS, IA 52405-3962
- Principal officer (990 for 2024)
- Michele Brock, 120 5th St NW, Cedar Rapids, IA 52405
- Signed the 990
- Michele Brock, Executive Director
- Phone
- (319) 200-4657
- Website
- www.ourcfad.org
- Return prepared by
- Eide Bailly LLP
Mission
Multiply charitable resources for maximum benefit to our Catholic community.
Program accomplishments
- The Catholic Foundation in the Archdiocese of Dubuque (CFAD) assists donors who wish to make a meaningful and lasting impact for Catholic organizations and those served by those organizations through the Spiritual and Corporal Works of Mercy. CFAD serves those in the 30 counties in northeast Iowa that make up the Archdiocese of Dubuque in three ways: charitable planning, investing, and grantmaking services.CFAD is separate from, yet collaborative with, the Archdiocese Corporation and holds donor advised funds and endowments for donors and Catholic parishes, schools, cemeteries, social services and other Catholic organizations. Statement continued on Schedule O.We work with donors who want their Catholic values perpetuated in a legacy gift and help them structure that in the best way for them, their family and the organization(s) they want to benefit. CFAD works with Catholic organizations, their donors and donors' advisors through its legacy planning services. In FY2025, 2 new organizations began the Legacy Planning Toolkit program through CFAD. More than 1,200 individuals sought information through CFAD's services regarding charitable giving along with 131 attending charitable planning education events.CFAD invests legacy gifts, donor advised funds and organization trust accounts in Catholic responsible choices. In FY2025, 25 new endowment funds, five new donor advised funds and 13 new agency trust accounts were added. Additionally, one future planned fund was established.Through donor agreements, CFAD grants legacy gifts as donors intend. In FY2025, $4,643,061 in grants were given from 290 funds to 193 organizations. The amount of grants to others in Part IX, line 1 represents distributions taken. Some organizations choose to not take a distribution but rather reinvest. These organizations are not reflected in the grant total.CFAD's vision is to endow financial support for our Catholic community; in other words, CFAD aims to sustain our Catholic organizations so that they can always carry out their missions to meet both spiritual and basic human needs in a manner that reflects Catholic values.Expenses $5,918,786 · grants $4,733,057 · revenue $1,001,041
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-1740219
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X112)
- Assets (IRS master file)
- $183,187,107
- Income (IRS master file)
- $174,102,550
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,487,122 | $6,267,702 | $183,187,107 | IRS |
| 990 | June 2024 | $11,589,032 | $5,398,282 | $164,181,885 | IRS |
| 990 | June 2023 | $10,110,575 | $3,590,839 | $146,802,110 | XML |
| 990 | June 2022 | $10,700,862 | $4,254,268 | $127,453,113 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 45-1740219).
Questions about CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE
- What is the EIN of CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE?
- The employer identification number (EIN) of CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE is 45-1740219.
- Is CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE 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 FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE?
- The 990 for the year ended June 30, 2025 names Michele Brock.
- Who are the officers and directors of CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $120,868 (Michele Brock, Executive Director).
- How much revenue does CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,487,122, expenses of $6,267,702 and total assets of $183,187,107 at year end.
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