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2014 Finances
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Financial Report for the year ending June 30, 2014
Archdiocese of Boston Financial Report for the Year Ending June 30, 20141.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 9
4.The Roman Catholic Archbishop of Boston, A Corporation Sole Financial Statements, Supplemental Schedules and Report of Independent Certified Public Accountants - page 27
5.Compensation and Vendor Expenditure Disclosure - page 77
6.Compensation Committee Report - page 83
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 91The Roman Catholic Archbishop of Boston, A Corporation Sole Financial Statements, Supplemental Schedules and Report of Independent Certified Public Accountants for the Year Ending June 30, 2014
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.
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City/Town
Parish
Financial Information
Abington Saint Bridget Parish financials Allston Saint Anthony Parish financials Amesbury Holy Family Parish financials Andover Saint Augustine Parish financials
Andover Saint Robert Bellarmine Parish financials
Arlington Saint Agnes Parish financials
Arlington Saint Camillus Parish financials Ashland Saint Cecilia Parish financials Avon Saint Michael Parish financials Ayer Saint Mary Parish financials Bedford Saint Michael Parish financials Bellingham Saint Brendan Parish financials Bellingham Saint Blaise Parish financials Belmont Saint Joseph Parish financials Belmont Saint Luke Parish financials Beverly Saint Mary Star of the Sea Parish financials Beverly Farms Saint Margaret Parish financials Billerica Saint Mary Parish financials Billerica Saint Theresa of Lisieux Parish financials Boston Cathedral of the Holy Cross Parish financials Boston Saint Cecilia Parish financials Boston Saint James the Greater Parish financials
Boston Saint Leonard of Port Maurice Parish financials Boston Our Lady of Victories Parish financials
Boston Saint Joseph Parish financials Bradford Sacred Hearts Parish financials Braintree Saint Clare Parish financials
Braintree Saint Francis of Assisi Parish financials
Braintree Saint Thomas More Parish financials Bridgewater Saint Thomas Aquinas Parish financials
Brighton Saint Columbkille Parish financials Brockton Our Lady of Lourdes Parish financials
Brockton Saint Patrick Parish financials Brockton Saint Edith Stein Parish financials Brockton Christ the King Parish financials
Brookline Saint Mary of the Assumption Parish financials
Burlington Saint Margaret Parish financials Burlington Saint Malachy Parish financials Cambridge Saint Anthony Parish financials Cambridge Saint Francis of Assisi Parish financials
Cambridge Saint John the Evangelist Parish financials Cambridge Saint Mary of Annunciation Parish financials Cambridge Saint Paul Parish financials Cambridge Saint Peter Parish financials Cambridge Sacred Heart of Jesus Parish financials
Canton Saint Gerard Majella Parish financials Canton Saint John the Evangelist Parish financials Carlisle Saint Irene Parish financials Carver Our Lady of Lourdes Parish financials Charlestown Saint Francis de Sales Parish financials Charlestown St Mary - St Catherine financials Chelmsford Saint Mary Parish financials Chelsea Our Lady of Grace Parish financials Chelsea Saint Rose of Lima Parish financials Chelsea Saint Stanislaus Parish financials Cohasset Saint Anthony Parish financials Concord Holy Family Parish financials Danvers Saint Mary of the Annunciation Parish financials Danvers Saint Richard of Chichester Parish financials Dedham Saint Mary Parish financials
Dedham Saint Susanna Parish financials Dorchester Saint Ambrose Parish financials Dorchester Saint Ann Parish financials
Dorchester Saint Brendan Parish financials
Dorchester Saint Christopher Parish financials Dorchester Saint Gregory Parish financials Dorchester Saint Mark Parish financials Dorchester Saint Matthew Parish financials
Dorchester Holy Family Parish financials
Dorchester Saint Peter Parish financials
Dorchester Blessed Mother Teresa of Calcutta Parish financials
Dover Most Precious Blood Parish financials
Dracut Saint Francis of Assisi Parish financials
Dracut Saint Marguerite D'Youville Parish financials
Duxbury Holy Family Parish financials E Bridgewater Saint John Parish financials East Boston Saint Joseph - St Lazarus Parish financials East Boston Most Holy Redeemer Parish financials
East Boston Our Lady of the Assumption Parish financials East Boston Sacred Heart Parish financials East Walpole Saint Mary Parish financials East Weymouth Saint Albert the Great Parish financials East Weymouth Immaculate Conception Parish financials
Essex Saint John the Baptist Parish financials Everett Saint Anthony of Padua Parish financials Everett Immaculate Conception Parish financials Foxboro Saint Mary Parish financials Framingham Saint Bridget Parish financials
Framingham Saint George financials Framingham Saint Stephen Parish financials Framingham Saint Tarcisius Parish financials
Franklin Saint Mary Parish financials
Georgetown St. Mary Parish financials
Gloucester Our Lady of Good Voyage Parish financials Gloucester Holy Family Parish financials Green Harbor Our Lady of the Assumption Parish financials Groton Sacred Heart - Saint James Parish financials Hanover Saint Mary Sacred Heart Parish financials
Hanson Saint Joseph the Worker Parish financials Haverhill Saint James Parish financials Haverhill Saint John the Baptist Parish financials Haverhill All Saints Parish financials Hingham Saint Paul Parish financials Hingham Resurrection Parish financials Holbrook Saint Joseph Parish financials
Holliston Saint Mary Parish financials
Hopkinton Saint John the Evangelist Parish financials Hudson Saint Michael Parish financials
Hull Saint Mary of the Assumption Parish financials Hyde Park Saint Adalbert Parish closed 11/15/2011 Hyde Park Most Precious Blood Parish financials Ipswich Our Lady of Hope Parish financials Jamaica Plain Our Lady of Lourdes Parish financials Jamaica Plain Saint Thomas Aquinas Parish financials Kingston Saint Joseph Parish financials Lakeville Saints Martha and Mary Parish financials Lawrence Saint Patrick Parish financials
Lawrence Saint Mary of the Assumption Parish financials Lawrence Corpus Christi Parish financials
Lexington Saint Brigid Parish financials Lexington Sacred Heart Parish financials
Littleton Saint Anne Parish financials
Lowell Saint Anthony Parish financials Lowell Holy Trinity Parish financials Lowell Immaculate Conception Parish financials Lowell Saint Margaret Parish financials
Lowell Holy Family Parish financials
Lowell Saint Michael Parish financials Lowell Saint Patrick Parish financials
Lowell Saint Rita Parish financials
Lynn Holy Family Parish financials Lynn Saint Joseph Parish financials Lynn Saint Mary Parish financials Lynn Saint Pius V Parish financials Lynnfield Saint Maria Goretti Parish financials
Lynnfield Our Lady of the Assumption Parish financials
Malden Immaculate Conception Parish financials Malden Saint Joseph Parish financials Malden Sacred Hearts Parish financials
Manchester-by-the-Sea Sacred Heart Parish financials Manomet Saint Bonaventure Parish financials
Marblehead Our Lady Star of the Sea Parish financials Marlboro Immaculate Conception Parish financials Marlboro Saint Matthias Parish financials Marshfield Saint Ann By the Sea Parish financials Marshfield Saint Christine Parish financials Mattapan Saint Angela Merici Parish financials
Maynard Saint Bridget Parish financials Medfield Saint Edward the Confessor Parish financials Medford Saint Francis of Assisi Parish financials Medford Saint Joseph Parish financials Medford Saint Raphael Parish financials Medford Saint Clement Parish financials Medway Saint Joseph Parish financials Melrose Incarnation Parish financials Melrose Saint Mary of the Annunciation Parish financials Merrimac Holy Redeemer Parish financials Methuen Our Lady of Good Counsel Parish financials
Methuen Saint Lucy Parish financials Methuen Saint Monica Parish financials Middleboro Sacred Heart Parish financials Middleton Saint Agnes Parish financials Millis Saint Thomas the Apostle Parish financials
Milton Saint Agatha Parish financials
Milton Saint Elizabeth Parish financials Milton Saint Mary of the Hills Parish financials
Milton Saint Pius Tenth Parish financials Monponsett Our Lady of the Lake Parish financials Nahant Saint Thomas Aquinas Parish financials
Natick Saint Linus Parish financials Natick Saint Patrick Parish financials Needham Saint Bartholomew Parish financials Needham Saint Joseph Parish financials Newburyport Immaculate Conception Parish financials Newton Corpus Christi - St. Bernard financials
Newton Saint Ignatius Loyola Parish financials Newton Our Lady Help of Christians Parish financials
Newton Sacred Heart Parish financials
Newton Upper Falls Mary Immaculate of Lourdes Parish financials No Pembroke Saint Thecla Parish financials Norfolk Saint Jude Parish financials
North Andover Saint Michael Parish financials North Beverly Saint John the Evangelist Parish financials North Billerica Saint Andrew Parish financials North Chelmsford Saint John the Evangelist Parish financials
North Reading Saint Theresa Parish financials North Weymouth Saint Jerome Parish financials
Norwell Saint Helen Parish financials Norwood Saint Catherine of Siena Parish financials Norwood Saint Timothy Parish financials Peabody Saint Adelaide Parish financials Peabody Saint Ann Parish financials Peabody Saint John the Baptist Parish financials
Peabody Saint Thomas the Apostle Parish financials Peabody Our Lady of Fatima Parish financials Pepperell Our Lady of Grace financials Plainville Saint Martha Parish financials
Plymouth Saint Mary Parish financials Plymouth Saint Peter Parish financials
Plymouth Blessed Kateri Tekakwitha Parish financials Point Shirley Holy Rosary Parish financials Quincy Saint John the Baptist Parish financials Quincy Saint Joseph Parish financials
Quincy Sacred Heart Parish financials Quincy Holy Trinity Parish financials Randolph Saint Bernadette Parish financials Randolph Saint Mary Parish financials
Reading Saint Agnes Parish financials Reading Saint Athanasius Parish financials Readville Saint Anne Parish financials Revere Immaculate Conception Parish financials Revere Saint Mary of the Assumption Parish financials Revere Saint Anthony of Padua Parish financials Rockland Holy Family Parish financials
Roslindale Sacred Heart Parish financials Roxbury Saint Mary of the Angels Parish financials Roxbury Our Lady of Perpetual Help Parish financials Roxbury Saint Patrick Parish financials
Roxbury St. Katharine Drexel Parish financials Salem Saint Anne Parish financials Salem Immaculate Conception Parish financials Salem Saint James Parish financials Salem Saint John the Baptist Parish financials Salisbury Star of the Sea Parish financials Saugus Blessed Sacrament Parish financials Saugus Saint Margaret Parish financials Saxonville Saint George Parish financials Scituate Saint Mary of the Nativity Parish financials Sharon Our Lady of Sorrows Parish financials Sherborn Saint Theresa Parish financials
Shirley Saint Anthony Parish financials Somerville Saint Ann Parish financials Somerville Saint Anthony Parish financials Somerville Saint Benedict Parish financials Somerville Saint Catherine of Genoa Parish financials Somerville Patronage of Saint Joseph Parish financials South Boston Saint Brigid Parish financials South Boston Gate of Heaven Parish financials South Boston Saint Monica-St Augustine Parish financials South Boston Our Lady of Czestochowa Parish financials South Boston Saint Peter Parish financials South Boston Saint Vincent De Paul Parish financials South Hamilton Saint Paul Parish financials
South Weymouth Saint Francis Xavier Parish financials Stoneham Saint Patrick Parish financials Stoughton Immaculate Conception Parish financials Stoughton Saint James Parish financials Stow Saint Isidore Parish financials
Sudbury Saint Anselm Parish financials Sudbury Our Lady of Fatima Parish financials Swampscott Saint John the Evangelist Parish financials Tewksbury Saint William Parish financials
Topsfield Saint Rose of Lima Parish financials Townsend Saint John the Evangelist Parish financials Tyngsboro Saint Mary Magdalen Parish financials
Wakefield Saint Florence Parish financials Wakefield Saint Joseph Parish financials Wakefield Most Blessed Sacrament Parish financials Walpole Blessed Sacrament Parish financials Waltham Saint Charles Borromeo Parish financials Waltham Saint Jude Parish financials Waltham Saint Mary Parish financials Waltham Our Lady Comforter of Afflicted Parish financials Waltham Sacred Heart Parish financials Watertown Saint Patrick Parish financials Watertown Sacred Heart Parish financials
Wayland Good Shephard financials
Wellesley Saint Paul Parish financials
Wellesley Hills Saint John the Evangelist Parish financials West Acton Saint Elizabeth of Hungary Parish financials
West Bridgewater Saint Ann Parish financials West Lynn Sacred Heart Parish financials West Quincy Saint Mary Parish financials West Roxbury Holy Name Parish financials West Roxbury Saint John Chrysostom Parish financials West Roxbury Saint Theresa of Avila Parish financials
Westford Saint Catherine of Alexandria Parish financials Weston Saint Julia Parish financials Westwood Saint Denis Parish financials Westwood Saint Margaret Mary Parish financials Weymouth Sacred Heart Parish financials Whitman Holy Ghost Parish financials Wilmington Saint Dorothy Parish financials Wilmington Saint Thomas of Villanova Parish financials Winchester Saint Eulalia Parish financials Winchester Saint Mary Parish financials
Winthrop Saint John the Evangelist Parish financials Woburn Saint Anthony of Padua Parish financials Woburn Saint Barbara Parish financials
Woburn Saint Charles Borromeo Parish financials Woburn Saint Joseph Parish financials Wollaston Saint Ann Parish financials Wrentham Saint Mary Parish financials
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Set forth below is a list of organizations sponsored by the Corporation Sole or for which the Corporation Sole or the Roman Catholic Archbishop of Boston (the “Archbishop”) has the direct or indirect right (whether alone or in conjunction with others) to elect or appoint officers, directors, trustees, governors and/or members (collectively, “Related Organizations”). Each Related Organization is separately incorporated and none of them are consolidated with Corporation Sole for financial statement purposes.
Listing of Related Organizations
Catholic Media and Evangelization
iCatholic Media, Inc. financials
Cemeteries
The Catholic Cemetery Association of the Archdiocese of Boston Inc. financials
Community Relations
Massachusetts Catholic Conference Inc. financials Education
Archbishop Williams High School, Inc. financials
Bishop Fenwick High School, Inc. financials
Boston Boy Choir, Inc. financials Cardinal Spellman High School, Inc. financials Cathedral High School, Inc. financials
Lawrence Catholic Academy of Lawrence, Massachusetts, Inc. financials Lowell Catholic High School, Inc. financials
Marian High School, Inc. financials
Matignon High School, Inc. financials
Cristo Rey Boston High School, Inc. financials Pope John XXIII High School, Inc. financials
Quincy Catholic Academy of Quincy, Massachusetts, Inc. financials St. Columbkille School, Inc. financials Pope John Paull II Catholic Academy, Inc. financials St. Mary's High School financials St. Sebastian's School Inc. financials
Ste. Jeanne d’Arc School of Lowell, Massachusetts, Inc. financials
Trinity Catholic Academy, Inc. financials Development Boston Catholic Development Services, Inc. financials
The Catholic Community Fund of the Archdiocese of Boston, Inc. financials Catholic Health Foundation of Greater Boston, Inc. financials The Catholic Schools Foundation, Inc. financials
Cristo Rey Work Study Program, Inc. financials The Fund for Catholic Schools, Inc. financials
St. Mary's High School Foundation, Inc. financials St. Sebastian's School Fund, Inc. financials Health, Retirement & Investment Trusts Archdiocese of Boston Clergy Benefit Funding Trust financials Archdiocese of Boston Clergy Retirement Trust financials Archdiocese of Boston Clergy Medical/Hospitalization Trust financials Benefit Trust for Non-Incardinated Priests Duly Assigned for Service in the Archdiocese of Boston financials
Common Investment Fund, Roman Catholic Archbishop of Boston financials
Fixed Income Investment Fund, Roman Catholic Archbishop of Boston financials Massachusetts Catholic Self-Insurance Group, Inc. financials RCAB 401k Accountants' Report and Financial Statements financials
RCAB Collective Investment Partnership financials
Roman Catholic Archdiocese of Boston Health Benefit Trust financials Roman Catholic Archdiocese of Boston Life Insurance and Accidental Death, Dismemberment & Long-Term Disability Insurance Trust financials
Pension Plan & Trust of the Roman Catholic Archdiocese of Boston financials Roman Catholic Archdiocese of Boston Transition Assistance Program Trust financials
Ministerial Pope Saint John XXIII National Seminary, Inc. financials
Saint John's Seminary financials
Regina Cleri, Incorporated financials
Redemptoris Mater House of Formation, Inc. financials Mission Related Missionary Society of St. James the Apostle (The) financials Society for Propagation of the Faith of Boston, Inc. (The) financials Social Service Catholic Charitable Bureau of the Archdiocese of Boston, Inc. financials
Catholic Social Services, Inc. financials Irish Pastoral Centre of the Archdiocese of Boston, Inc. (The) financials
Life Resources Inc. financials The Office of Outreach, Assistance, Education and Prevention of the Archdiocese of Boston, Inc. (The) financials Planning Office for Urban Affairs, Inc. financials
St. Ann's Home, Inc. financials St. Mary’s Women and Children’s Center, Inc. financials
*TAS-CC, Inc. *TAS-CCH, Inc. *TAS-CCSS, Inc. *TAS-CGSMC, Inc. *TAS-CHC, Inc. *TAS-CHFH, Inc. *TAS-CHFHF, Inc. *TAS-CNH, Inc. *TAS-CSEMCB, Inc. *TAS-CSH, Inc. *TAS-HCE, Inc. *TAS-SAHC, Inc.
*As of November 5, 2010, TAS-CC, Inc. (formerly Caritas Christi) and its affiliated health care entities sold substantially all of their assets used in the operation of a health care system to Steward Healthcare System LLC (“Steward”). As a result, although the assets were transferred to Steward, almost all of the corporate entities initially remained directly or indirectly under the control of Corporation Sole or the Archbishop. Prior to June 30, 2014, certain of those corporate entities were either merged or dissolved. Each of the asterisked entities that were formerly Caritas Christi entities remain in existence. Each of the asterisked entities is separately incorporated and none of them is consolidated with Corporation Sole for financial reporting purposes.
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