| Entity | Document Type | Tax ID |
|---|---|---|
| Catholic Relief Services - United States Conference of Catholic Bishops and Affiliates | Consolidated Audited Financial Statements | Multiple |
| Catholic Relief Services - United States Conference of Catholic Bishops and Affiliates | IRS Form 990 | 13-5563422 |
|
Entity: Catholic Relief Services - United States Conference of Catholic Bishops and Affiliates Document Type: Consolidated Audited Financial Statements Tax ID: Multiple |
|
Entity: Catholic Relief Services - United States Conference of Catholic Bishops and Affiliates Document Type: IRS Form 990 Tax ID: 13-5563422 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Sean Callahan | President / CEO | $645,717 |
| 2 | Annemarie Reilly | EVP - Strategy, Tech, Communications | $395,683 |
| 3 | James Bond | EVP - Chief Financial Officer | $375,703 |
|
1 Name: Sean Callahan Title: President / CEO Compensation: $645,717 |
|
2 Name: Annemarie Reilly Title: EVP - Strategy, Tech, Communications Compensation: $395,683 |
|
3 Name: James Bond Title: EVP - Chief Financial Officer Compensation: $375,703 |
According to the Catholic Relief Services (CRS) consolidated audit of September 30, 2024 (Note 11, Donated Non-Financial Assets): CRS received donated non-financial assets during the fiscal year-ended September 30, 2024, on which it placed a total value of $285,897[thousand]. Of this amount, $147,467[thousand] was attributed to "Agricultural commodities from USAID and USDA." [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Catholic Relief Services (CRS) consolidated audit of September 30, 2024 (Note 3, Significant Donors and Concentration of Credit Risk): "Grant revenue from the U.S. government, including agricultural commodities and ocean freight, was 56% and 62% of CRS's total support and revenue for the years ended September 30, 2024 and 2023, respectively..." |
According to the Catholic Relief Services (CRS) consolidated audit of September 30, 2024 (Note 16, Commitments and Contingencies): "CRS entered into a service agreement with a software vendor through 2026, for a minimum financial commitment of $18,596[thousand]. Termination rights under the agreement are only for a breach upon 30 days' notice. As of September 30, 2024, the remaining minimum commitment is $6,888[thousand]. CRS receives significant financial and non-financial assistance from the U.S. government. Entitlement to such resources is generally conditioned upon compliance with terms and conditions of the related agreements and applicable federal regulations. The use of such resources is subject to audit by governmental agencies, and CRS is contingently liable to refund amounts received in excess of allowable expenditures. During the year ended September 30, 2018, CRS identified a probable loss of assets relating to a distribution activity in a single overseas operating location. CRS is fully complying with the funder's requests for information. As the matter is still pending resolution, CRS has estimated a contingent liability for the probable loss using information obtained from the investigation as to the nature of how the loss occurred relative to the volume of the overall activity. CRS's estimate of this contingent liability is $10 million and is included in accounts payable, accrued expenses and other liabilities in the [audited] consolidated financial statements as of September 30, 2024 and 2023. The actual loss (reimbursement to funder), if any, may vary from the estimate and that variance could be material..." |
