Archdiocese of Boston Financial Report for the Year Ending June 30, 2012
1.Letter from Cardinal Seán P. O’Malley, OFM Cap. - page 3
2.Chancellor’s Annual Overview - page 5
3.Managements Discussion and Analysis of Financial Position and Results of Activities - page 11
4.The Roman Catholic Archbishop of Boston, A Corporation Sole Financial Statements, Supplemental Schedules and Report of Independent Certified Public Accountants - page 29
5.Compensation and Vendor Expenditure Disclosure - page 75
6.Compensation Committee Report - page 81
7.Funding for Abuse Settlements and Related Costs - page 85
8.Audited Financial Statements of Corporation Sole’s Related Organizations - page 87
9.Financial Statements of Corporation Sole’s Parishes - page 91
The Archbishop of Boston, by virtue of his office, serves as chairman of the board of numerous separately incorporated Catholic organizations that operate within the Archdiocese of Boston. While these organizations are considered to be related organizations of the Corporation Sole, they are not under the control of the Corporation Sole and, accordingly, their financial activities are not presented as part of the Corporation Sole's financial statements.