![\"\"](\"https:\/\/archden.org\/financial-reports\/wp-content\/uploads\/sites\/3\/2022\/03\/ab_sig_black_sm-300x61-1.png\")
<\/p>\nIt is with gratitude and hope that I share this year\u2019s financial report. As an archdiocese, we have pressed deeper into Jesus\u2019 invitation to abide in him (Jn 15:4), and we are excited to see the fruits of his work in this apostolic time. We are committed to making our budget a mirror and compass of our mission, and I am proud of the investments we are making in the Church of Northern Colorado.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][toggles style=”minimal_small”][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Read More”][vc_column_text]In 2024, we made advancements in all three of our Mission Anchors: Holy Priests, Equipped Leaders for Mission, and Missional Curia.<\/p>\n
In the Holy Priests anchor, we offered several opportunities for priests to both receive and grow in healing ministry. We have also improved our internal process for gathering feedback and information to better discern future priest assignments that promote their flourishing.<\/p>\n
In the Equipped Leaders for Mission anchor, we put over 1,000 people through our evangelization workshops, which aimed to inspire and equip the faithful to share their testimonies and proclaim the Gospel. We also sponsored eight pastors and their leadership teams to complete the Institute of Apostolic Leadership, which is already transforming parishes in our archdiocese.<\/p>\n
In the Missional Curia anchor, we have successfully launched a new operational model for parish support called Mission Support Centers. We have piloted this model with three parishes so far, and pastors report that they spend significantly more time in mission and ministry as opposed to administration than before. This model will improve the operations of our parishes for less money and allow more resources to be at the disposal of the mission!<\/p>\n
None of this is possible without the admirable generosity of many people from every part of the archdiocese. On behalf of all those who are served by the Church, thank you!<\/p>\n
As we move forward, may we continue to surrender ourselves to God\u2019s plan and abide in him fully![\/vc_column_text][vc_column_text]Sincerely yours in Christ,<\/p>\n
<\/p>\n
Most Reverend Samuel J. Aquila, S.T.L.
\nArchbishop of Denver[\/vc_column_text][nectar_btn size=”large” open_new_tab=”true” button_style=”regular” button_color_2=”Extra-Color-1″ icon_family=”none” text=”PDF Coming Soon” margin_top=”20px” url=”\/”][\/toggle][\/toggles][divider line_type=”No Line” custom_height=”40″][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”left-right” left_margin=”15px” right_margin=”15px” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”A LETTER FROM THE FINANCE COUNCIL CHAIR:” font_container=”tag:h4|font_size:18|text_align:left|color:%232fb67a” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:600%20bold%20regular%3A600%3Anormal”][divider line_type=”No Line” custom_height=”10″][vc_column_text]To the faithful of Northern Colorado,<\/p>\n
I greet you in the name of Jesus Christ, the risen Son of God, and thank you for your continuing support of his Church.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][toggles style=”minimal_small”][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Read More”][vc_column_text]As members of the Archdiocesan Finance Council, we assist Archbishop Aquila and his staff in overseeing the financial and business matters within our archdiocese. This report provides information on the financial affairs of the Archdiocese of Denver during the prior fiscal year.<\/p>\n
2024 was significant in the history of our Church. During this time, the Finance Council addressed such topics as: the Priest Pension Fund, which supports our retired priests; repurposing several real estate assets; the financing of our Catholic schools; the establishment of new parishes; the future missional use of the Mullen Home property; the growth and support of our seminaries; and the financial audits of our Church and related ecclesiastical entities.<\/p>\n
We are grateful for the important work of the many parish finance councils, which assist our pastors in the stewardship of our church\u2019s financial matters.<\/p>\n
Your continued faithfulness and generosity allow our Church to respond to Jesus\u2019 call to discipleship and to support Archbishop Aquila, our shepherd. Thank you for your continued support.<\/p>\n
Sincerely,
\nThomas D. Heule[\/vc_column_text][\/toggle][\/toggles][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” bg_color=”#f2f2f2″ scene_position=”center” top_padding=”3%” bottom_padding=”0″ text_color=”dark” text_align=”center” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” id=”report” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_color=”#0a5540″ shape_divider_position=”bottom” shape_divider_bring_to_front=”true” bg_image_animation=”none” shape_type=”waves_opacity_alt” gradient_type=”default”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” bottom_margin=”-40px” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]\n
Most Rev. Samuel J. Aquila S.T.L., Archbishop
\nTom Heule, Chair
\nEd Blieszner, RE
\nAdam Greiner, AAC
\nRobert (Bob) Lazzeri
\nElizabeth (Tizzie) Likovich
\nSusan Murphy, IC
\nAndrew Newland
\nPaul Powers
\nKent Stemper
\nRobert Zarlengo
\nMost Rev. Jorge Rodriguez, Ph.D.
\nVery Rev. Randy Dollins, Vicar General
\nVery Rev. Giovanni Capucci, J.V.
\nKeith Parsons
\nBrenda Cannella
\nDavid Uebbing<\/p>\n[\/vc_column_text][\/toggle][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Accounting and Audit Committee”][vc_column_text]Adam Greiner, AAC, Chair
\nVicki Bogenberger
\nDave Kolbet
\nMelissa Larkin
\nDrew Marsh
\nKeith Parsons[\/vc_column_text][\/toggle][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Investment Committee”][vc_column_text]Susan Murphy, Chair
\nWyck J. Brown, CFA
\nRev. Jim Crisman
\nNan Hinton
\nChristopher Meyer
\nKeith Parsons[\/vc_column_text][\/toggle][\/toggles][divider line_type=”No Line” custom_height=”40″][\/vc_column][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][toggles style=”minimal_small”][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Real Estate Committee”][vc_column_text]Ed Blieszner, Chair
\nTJ Antinora
\nWorth Carlin
\nJared Carlon
\nVery Rev. Randy Dollins, V.G.
\nJennifer Luce
\nDudley Mitchell
\nErin Smith[\/vc_column_text][\/toggle][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Project Finance and Review Committee”][vc_column_text]Kent Stemper, Chair
\nMark Najarian
\nTom Wanzeck
\nDn. Robert Hoffman
\nKurt Connolly
\nRev. John Hilton
\nMaggie Torres[\/vc_column_text][\/toggle][toggle color=”Extra-Color-1″ heading_tag=”default” heading_tag_functionality=”default” title=”Compensation Committee”][vc_column_text]Keith Parsons, Chair
\nTom Heule
\nJodi Thomas
\nShannon Syzek[\/vc_column_text][\/toggle][\/toggles][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” bottom_padding=”0″ text_color=”dark” text_align=”center” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” id=”report” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_color=”#0a5540″ shape_divider_position=”bottom” shape_divider_bring_to_front=”true” bg_image_animation=”none” shape_type=”waves_opacity_alt”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” bottom_margin=”-40px” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][page_submenu alignment=”center” sticky=”true” bg_color=”#00425e” link_color=”#ffffff”][page_link title=”Pastoral Center” id=”1743698409519-0″ tab_id=”1743698409519-4″ link_url=”#jp2″][\/page_link][page_link title=”Seminaries” id=”1743698409528-5″ tab_id=”1743698409528-6″ link_url=”#seminaries”][\/page_link][page_link title=”Catholic Education” id=”1743698409530-3″ tab_id=”1743698409531-1″ link_url=”#education”][\/page_link][page_link title=”Cemetery & Mortuary” id=”1743698409536-3″ tab_id=”1743698409536-9″ link_url=”#cemetery-mortuary”][\/page_link][page_link title=”Retreat Centers” id=”1743698409539-2″ tab_id=”1743698409539-8″ link_url=”#retreat”][\/page_link][page_link link_url=”#trust” title=”Trust” id=”1743698409542-6″ tab_id=”1743698409543-8″][vc_column_text][\/vc_column_text][\/page_link][\/page_submenu][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” bg_image=”3794″ bg_position=”center center” background_image_loading=”default” bg_repeat=”no-repeat” scene_position=”center” top_padding=”7%” bottom_padding=”7%” text_color=”light” text_align=”center” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” id=”jp2″ enable_gradient=”true” color_overlay=”#000000″ color_overlay_2=”rgba(0,85,106,0.5)” overlay_strength=”0.8″ gradient_direction=”top_to_bottom” enable_shape_divider=”true” shape_divider_color=”#ffffff” shape_divider_position=”bottom” shape_divider_height=”75″ shape_divider_bring_to_front=”true” bg_image_animation=”none” parallax_bg=”true” parallax_bg_speed=”fixed” shape_type=”waves_opacity” gradient_type=”default”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”Pastoral Center” font_container=”tag:h1|text_align:center” use_theme_fonts=”yes”][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”5%” bottom_padding=”5%” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”Pastoral Center” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_column_text]The Archdiocese of Denver is a Colorado nonprofit corporation, located on the campus of the St. John Paul II Center for the New Evangelization in south Denver. Referred to as the Pastoral Center, this entity is composed of the offices of the archbishop, vicars, directors, and others who collaborate in the administration and oversight of more than 30 archdiocesan offices and ministry programs.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][toggles style=”minimal_small”][toggle color=”Accent-Color” heading_tag=”default” heading_tag_functionality=”default” title=”Highlights”][vc_column_text]Here is some more noteworthy work carried out by the Pastoral Center in FY 2024.<\/p>\n
Mission Support Centers<\/strong><\/p>\n The Mission Support Centers are regional teams of specialists who provide augmented support and essential services, building stronger relationships across parishes and between the Curia and the parishes, to ensure the productive use of resources, strengthen relationships among parishes and between the Archdiocese and the parishes, and empower parishes to focus on the Archbishop\u2019s mission to rescue souls in Jesus Christ. Mission Support Centers launched as a pilot initiative within the Archdiocese of Denver in January of 2024, working with three parishes over the course of the year (the Cathedral Basilica of the Immaculate Conception, Christ the King Church and School, and St. Ignatius of Loyola, all in Denver). This new structural initiative has borne much fruit in just the first year, encouraging us to continue investing in the initiative.<\/p>\n <\/p>\n Office of Real Estate<\/strong><\/p>\n The Office of Real Estate witnesses the continued vitality of the Archdiocese of Denver through management of our real estate and through oversight of multiple design and construction projects at parishes, schools, and cemeteries with their repairs, remodels, and new construction.<\/p>\n The office assisted various parishes and ecclesiastical organizations in completing several major construction projects, including a parish hall expansion at Ascension Catholic Parish in Denver, a new rectory at St. Francis of Assisi in Longmont, and a sanctuary renovation at St. Peter in Greeley.<\/p>\n Moreover, there are several major construction projects that began in the past year which the office is actively involved in around the archdiocese, including a sanctuary remodel at Risen Christ in Denver and a sanctuary remodel at St. Frances Cabrini in Littleton. In the coming year, major projects at St. John Vianney Theological Seminary, St. Gianna Beretta Molla Parish, St. John Paul II Parish, St. Vincent de Paul in Denver, and All Souls are set to commence with construction.<\/p>\n To date, more than 160 projects are being managed with a total estimated project value of $338 million. The office continues to advise the parishes, schools and cemeteries in being good stewards of their resources by providing tools and practical expertise in best-value project management practices.<\/p>\n Human Resources: Strengthening Our Mission Together<\/strong><\/p>\n At the Archdiocese of Denver, the Office of Human Resources plays a vital role in fostering a workplace environment where our employees and clergy can thrive, enabling them to faithfully serve our parishes, schools and communities. Guided by a commitment to stewardship, the team continues to make strides in enhancing resources and supporting the wellbeing of those who carry out our shared mission.<\/p>\n Below are highlights of key accomplishments from 2024:<\/p>\n Looking Ahead <\/strong> <\/p>\n Office of Catholic Schools<\/strong><\/p>\n The Office of Catholic Schools and the Archdiocese of Denver were pleased to announce that Dr. Kemmery Hill would be our new Superintendent, effective July 1, 2024. Kemmery comes with a rich background in Catholic education, specifically in the Archdiocese of Denver. She attended Sacred Heart Catholic School in Boulder for K-8. After graduating from college, she came back to teach at St. John the Baptist in Longmont, serving seven years in that role. She then was named principal and served in that role for 10 years. \u201cI\u2019m excited to continue working on our path of academic renewal and bringing all of our students into a daily encounter with JesusChrist,\u201d she said.<\/p>\n The Office of Catholic Schools continues to make great progress working with our schools to support students with exceptionalities. The mission of the Department of Student Support Services is to teach whole Truth, to the whole person, for the whole of their Catholic educational experience so that our students will know, understand, and serve in the unique mission for which they were created. According to NCEA data, approximately 7-8% of students in U.S. Catholic schools have a diagnosed disability. Yet, of the 9,000+ students in our Catholic schools in the Archdiocese of Denver, 11% have a diagnosed disability and over 15.6% are receiving specialized instruction. According to the Urban Education Journal, the percentage of students with disabilities fully included in public general education classrooms with support 60-65% whereas, in the Archdiocese of Denver, we are at 85% fully included. With 100% of our schools serving students with disabilities and over 40% serving the most significant needs, we are truly creating places of welcome to serve all students and whole families.<\/p>\n <\/p>\n Evangelization and Family Life Ministries<\/strong><\/p>\n The Office of Evangelization and Family Life Ministries exists to provide pastoral equipping to leaders for the work of ministry. This pastoral equipping is provided to leaders in both English\/Spanish, to both clergy and lay leaders, and for both paid and volunteer leaders in our parishes and movements. In this apostolic-like time, the Office of Evangelization and Family Life Ministries is working diligently to pioneer a renewed vision for parochial ministry that will be effective and fruitful. Below are a few highlights from the variety of retreats, workshops and initiatives that were carried out last fiscal year:<\/p>\n <\/p>\n Office of Marketing and Communications & Office of Mission Advancement<\/strong><\/p>\n The Office of Marketing and Communications (MarComm) and Office of Mission Advancement experienced one of their most significant transformations in years, when the fundraising campaigns team was merged from the Office of Mission Advancement into the MarComm team.<\/p>\n Due to historical precedent, the MarComm team and philanthropic fundraising campaigns team worked independently of each other, despite the work being similar in recent years. This merger and increased intra-departmental collaboration has increased efficiencies and improved messaging and brand alignment, essential for effective communications and donor-focused philanthropy.<\/p>\n Now, the MarComm team, together with the Office of Mission Advancement and their philanthropic efforts, develop and execute campaigns as one for the Archbishop’s Catholic Appeal, Seminaries’ Appeal, and Retired Priests’ Appeal as well as with Annunciations Heights, Centro San Juan Diego and a host of the other ministries including parishes and select Catholic Schools. Combined, these Appeals are responsible for over $16 million in annual revenue and critical for funding the work of the Pastoral Center, seminaries, supporting our retired priests, and our ministries.<\/p>\n While this was a big change, the work of mass communications as well as targeted, niche audiences, was not new to the Office of Marketing and Communications. They continue to be responsible for: the Denver Catholic and El Pueblo Cat\u00f3lico magazines and digital channels; media and public relations; over 100 diocesan, ministry, and parish websites; digital marketing support for diocesan ministries and events; and providing scalable communications channels leveraged by the diocese and parishes like Flocknote and Catholic Social Media.<\/p>\n <\/p>\n The St. John Paul II Center for the New Evangelization<\/strong><\/p>\n The St. John Paul II Center, a Colorado nonprofit corporation, is located at 1300 S. Steele St. and was established in 1996. The center provides Catholics with a gathering place for meetings, education, marriage preparation classes, liturgies and classroom instruction in Scripture and Church doctrine. In addition, the St. John Paul II Center houses the Archdiocese of Denver\u2019s Pastoral Center, the St. John Vianney Theological Seminary, the Redemptoris Mater House of Formation, the Carmelite Sisters of the Holy Trinity, the Holy Trinity Center, the Prophet Elijah House and the Cardinal Stafford Theological Library.<\/p>\n <\/p>\n Archdiocese of Denver Management Corporation<\/strong><\/p>\n Formed in March 1999, The Archdiocese of Denver Management Corporation is a Colorado nonprofit corporation that provides payroll, accounting, legal, real estate, construction, human resources and other management services to the archdiocese, the parishes in northern Colorado and various ecclesiastical entities, pursuant to service agreements.[\/vc_column_text][\/toggle][\/toggles][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”60″][vc_row_inner equal_height=”yes” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][divider line_type=”No Line” custom_height=”20″][vc_custom_heading text=”Statements of Financial Position” font_container=”tag:h4|text_align:center” use_theme_fonts=”yes”][divider line_type=”No Line” custom_height=”20″][vc_column_text el_class=”addstyletable”]\n\n
\nThese accomplishments reflect our unwavering commitment to the Mission of the Archdiocese of Denver. As we move forward into the coming year, we remain dedicated to prudent stewardship, innovation and care of the employees of the Archdiocese.<\/p>\n\n
\n\n
\n <\/td>\n 2023<\/td>\n 2024<\/strong><\/span><\/td>\n<\/tr>\n \n Assets:<\/strong><\/span><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Cash & cash equivalents<\/td>\n $6,143,008<\/td>\n \u00a0$790,393<\/td>\n<\/tr>\n \n Total cash\u00a0<\/strong><\/td>\n 6,143,008<\/strong><\/td>\n \u00a0<\/span>790,393<\/span> <\/span><\/strong><\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Prepaid expenses & other assets<\/td>\n 402,877<\/td>\n \u00a0490,712<\/td>\n<\/tr>\n \n Notes, contributions & accounts receivable, net<\/td>\n \u00a06,659,760<\/td>\n \u00a07,457,556<\/td>\n<\/tr>\n \n Cash held in trust for others<\/td>\n \u00a03,929,070<\/td>\n \u00a03,726,217<\/td>\n<\/tr>\n \n Due from parishes & other related entities, net<\/td>\n \u00a0116,905<\/td>\n \u00a0123,335<\/td>\n<\/tr>\n \n Investments<\/td>\n \u00a025,254,758<\/td>\n \u00a023,639,790<\/td>\n<\/tr>\n \n Right of use assets under operating leases<\/td>\n \u00a0586,200<\/td>\n \u00a0722,202<\/td>\n<\/tr>\n \n Property & equipment, net<\/td>\n \u00a048,092,642<\/td>\n \u00a057,196,363<\/td>\n<\/tr>\n \n Total assets<\/strong><\/td>\n \u00a091,185,220<\/strong><\/td>\n \u00a0<\/span>94,146,568<\/span> <\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Liabilities & net assets:<\/span><\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Accounts payable & accrued expenses<\/td>\n \u00a0$3,675,028<\/td>\n \u00a0$3,144,830<\/td>\n<\/tr>\n \n Funds held in trust for others<\/td>\n \u00a03,929,070<\/td>\n \u00a03,726,217<\/td>\n<\/tr>\n \n Grants Payable<\/td>\n 2,878,025<\/td>\n \u00a03,710,362<\/td>\n<\/tr>\n \n Other liabilities<\/td>\n \u00a0778,137<\/td>\n \u00a02,264,049<\/td>\n<\/tr>\n \n Notes & bonds payable<\/td>\n 1,957,062<\/td>\n \u00a07,563,344<\/td>\n<\/tr>\n \n Total liabilities<\/strong><\/td>\n 13,217,322<\/strong><\/td>\n \u00a020,408,802 <\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Net assets:<\/strong><\/span><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Without donor restrictions<\/td>\n 63,841,695<\/td>\n 59,551,766<\/td>\n<\/tr>\n \n With donor restrictions<\/td>\n 14,126,203<\/td>\n \u00a014,186,000<\/td>\n<\/tr>\n \n Total net assets<\/strong><\/td>\n 77,967,898<\/strong><\/td>\n \u00a0<\/span>73,737,766<\/span> <\/span><\/strong><\/td>\n<\/tr>\n \n Total liabilities & net assets<\/strong><\/td>\n \u00a0<\/strong>$91,185,220<\/strong><\/td>\n \u00a0<\/strong><\/span>$94,146,568<\/span> <\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][divider line_type=”No Line” custom_height=”20″][vc_custom_heading text=”Statements of Activities” font_container=”tag:h4|text_align:center” use_theme_fonts=”yes”][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n \n\n
\n <\/td>\n 2023<\/td>\n 2024<\/strong><\/span><\/td>\n<\/tr>\n \n Support & revenue:<\/strong><\/span><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Archbishop\u2019s Catholic Appeal contributions, net<\/td>\n \u00a0$10,657,227<\/td>\n \u00a0$10,460,439<\/td>\n<\/tr>\n \n Parish assessments, net<\/td>\n 8,005,921<\/td>\n \u00a08,823,667<\/td>\n<\/tr>\n \n Grants & contributions<\/td>\n 2,929,355<\/td>\n 3,056,631<\/td>\n<\/tr>\n \n In-kind contribution<\/td>\n 16,000,000<\/td>\n –<\/td>\n<\/tr>\n \n Total support<\/strong><\/td>\n \u00a037,592,503<\/strong><\/td>\n \u00a022,340,737 <\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Revenue:<\/span><\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Advertising<\/td>\n 359,234<\/td>\n \u00a0331,534<\/td>\n<\/tr>\n \n Program & service, net<\/td>\n 3,763,827<\/td>\n \u00a03,822,041<\/td>\n<\/tr>\n \n Other income<\/td>\n 1,537,286<\/td>\n \u00a02,733,740<\/td>\n<\/tr>\n \n Investment income\/(loss), net<\/td>\n \u00a03,438,068<\/td>\n \u00a02,985,981<\/td>\n<\/tr>\n \n Total revenue<\/strong><\/td>\n \u00a09,098,415<\/strong><\/td>\n \u00a09,873,296 <\/strong><\/span><\/td>\n<\/tr>\n \n Total support & revenue<\/strong><\/td>\n \u00a046,690,918<\/strong><\/td>\n \u00a032,214,033 <\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Expenses:<\/span><\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Program expenses:<\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Religious education & schools<\/td>\n 6,152,336<\/td>\n 7,264,468<\/td>\n<\/tr>\n \n Social development<\/td>\n 6,011,354<\/td>\n \u00a03,877,414<\/td>\n<\/tr>\n \n Spiritual & pastoral concerns<\/td>\n 4,515,940<\/td>\n \u00a04,132,843<\/td>\n<\/tr>\n \n Religious & ordained ministries<\/td>\n 5,443,881<\/td>\n \u00a05,997,135<\/td>\n<\/tr>\n \n Evangelization<\/td>\n 3,125,447<\/td>\n \u00a03,128,805<\/td>\n<\/tr>\n \n Catholic communications<\/td>\n 3,434,777<\/td>\n \u00a03,584,740<\/td>\n<\/tr>\n \n Total program expenses<\/strong><\/td>\n \u00a028,683,735<\/strong><\/td>\n \u00a027,985,405 <\/strong><\/span><\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Support & administrative expenses<\/td>\n 2,126,618<\/td>\n \u00a02,678,933<\/td>\n<\/tr>\n \n Development & fundraising<\/td>\n 6,173,364<\/td>\n \u00a05,779,827<\/td>\n<\/tr>\n \n Total expenses<\/strong><\/td>\n \u00a036,983,717<\/strong><\/td>\n \u00a036,444,165 <\/strong><\/span><\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Change in net assets<\/strong><\/td>\n \u00a09,707,201<\/strong><\/td>\n \u00a0(4,230,132)<\/strong><\/span><\/td>\n<\/tr>\n \n Net assets, beginning of year<\/td>\n \u00a068,260,697<\/td>\n \u00a077,967,898<\/td>\n<\/tr>\n \n Net assets, end of period<\/strong><\/td>\n \u00a0 $77,967,898<\/strong><\/td>\n $73,737,766<\/span> <\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][\/vc_column_inner][\/vc_row_inner][divider line_type=”No Line” custom_height=”60″][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”The St. John Paul II Center for the New Evangelization” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_column_text]The St. John Paul II Center, a Colorado nonprofit corporation, is located at 1300 S. Steele St. and was established in 1996. The center provides Catholics with a gathering place for meetings, education, marriage preparation classes, liturgies and classroom instruction in Scripture and Church doctrine. In addition, the St. John Paul II Center houses the Archdiocese of Denver\u2019s Pastoral Center, the St. John Vianney Theological Seminary, the Redemptoris Mater House of Formation, the Carmelite Sisters of the Holy Trinity, the Holy Trinity Center, the Prophet Elijah House and the Cardinal Stafford Theological Library.[\/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”60″][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=”yes” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][divider line_type=”No Line” custom_height=”20″][vc_custom_heading text=”Statements of Financial Position” font_container=”tag:h4|text_align:center” use_theme_fonts=”yes”][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n \n\n
\n <\/td>\n 2023<\/td>\n 2024<\/strong><\/span><\/td>\n<\/tr>\n \n Assets:<\/strong><\/span><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Prepaid expenses & other assets<\/td>\n $ –<\/td>\n $23,482<\/td>\n<\/tr>\n \n Property & equipment, net<\/td>\n \u00a02,313,536<\/td>\n 2,322,782<\/td>\n<\/tr>\n \n Total Assets<\/strong><\/td>\n \u00a02,313,536<\/strong><\/td>\n \u00a02,346,264 <\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Liabilities & net assets:<\/span><\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Accounts payable & accrued expenses<\/td>\n \u00a0–<\/td>\n \u00a045,303<\/td>\n<\/tr>\n \n Total Liabilities<\/td>\n \u00a0–<\/td>\n \u00a045,303<\/span><\/span> <\/strong><\/td>\n<\/tr>\n \n Unrestricted net assets<\/td>\n 2,313,536<\/td>\n \u00a02,300,961<\/td>\n<\/tr>\n \n Total liabilities & net assets<\/strong><\/td>\n $2,313,536<\/strong><\/td>\n $2,346,264<\/span> <\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][divider line_type=”No Line” custom_height=”20″][vc_custom_heading text=”Statements of Activities” font_container=”tag:h4|text_align:center” use_theme_fonts=”yes”][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n \n\n
\n <\/td>\n 2023<\/td>\n 2024<\/strong><\/span><\/td>\n<\/tr>\n \n Revenue:<\/strong><\/span><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Grants & contributions<\/td>\n $ –<\/td>\n $ –<\/td>\n<\/tr>\n \n Total revenue<\/strong><\/td>\n \u00a0–<\/td>\n \u00a0–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Expenses:<\/span><\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Program expenses – depreciation<\/td>\n 13,010<\/td>\n \u00a012,575<\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Change in net assets<\/strong><\/td>\n \u00a0(13,010)<\/strong><\/td>\n \u00a0(12,575)<\/strong><\/span><\/td>\n<\/tr>\n \n Net assets, beginning of year<\/td>\n \u00a02,326,546<\/td>\n 2,313,536<\/td>\n<\/tr>\n \n Net assets, end of period<\/strong><\/td>\n $2,313,536<\/strong><\/td>\n \u00a0$2,300,961 <\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][\/vc_column_inner][\/vc_row_inner][divider line_type=”No Line” custom_height=”60″][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”Archdiocese of Denver Management Corporation” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_column_text]Formed in March 1999, The Archdiocese of Denver Management Corporation is a Colorado nonprofit corporation that provides payroll, accounting, legal, real estate, construction, human resources and other management services to the archdiocese, the parishes in northern Colorado and various ecclesiastical entities, pursuant to service agreements.[\/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”60″][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=”yes” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”Statements of Financial Position” font_container=”tag:h4|text_align:center” use_theme_fonts=”yes”][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n \n\n
\n <\/td>\n 2023<\/td>\n 2024<\/strong><\/span><\/td>\n<\/tr>\n \n Assets:<\/span><\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Prepaid expenses & other assets<\/td>\n $27,900<\/td>\n $26,807<\/td>\n<\/tr>\n \n Accounts &\u2008other receivables, net<\/td>\n \u00a0222,013<\/td>\n \u00a099,793<\/td>\n<\/tr>\n \n Property & equipment, net<\/td>\n 57,550<\/td>\n \u00a045,433<\/td>\n<\/tr>\n \n Total assets<\/strong><\/td>\n