Annual Report FY18
Archdiocese of Boston Financial Report for the Year Ending June 30, 2018
1.Letter from Cardinal Seán P. O’Malley, OFM Cap. - page 3
2.Chancellor’s Annual Overview - page 5
3.Management's Discussion and Analysis of Financial Position and Results of Activities - page 7
4.The Roman Catholic Archbishop of Boston, A Corporation Sole Financial Statements, and Report of Independent Certified Public Accountants - page 15
5.Lay Compensation and Vendor Expenditure Disclosure - page 53
6.Compensation Committee Report - page 54
7.Audited Financial Statements of Corporation Sole’s Related Organizations - page 55
8.Financial Statements of Corporation Sole’s Parishes - page 59
The Roman Catholic Archbishop of Boston, A Corporation Sole Financial Statements, and Report of Independent Certified Public Accountants for the Year Ending June 30, 2018
Audited Financial Statements of Corporation Sole’s Related Organizations for the Year Ending June 30, 2018
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.
Financial Statements of Corporation Sole’s Parishes for the Year Ending June 30, 2018
- Fiscal 2018 Central Ministries Budget Report
- Archdiocese Finance Council Charter
- RCAB Investment Funds Review June 30, 2019
Archdiocese Offertory Collection Process
- Guidelines
- Video
Improved Financial Relationship Model
Additional Information
- Independent Auditors Historical Report of Clergy Funds 1972-2008
- Archdiocese Code of Conduct, 2013
- RCAB Accounting Guidelines Manual 2011 (This is a manual to provide guidance related to the chart of accounts, recording of transactions and the accurate preparation of Parish, School, Cemetery and other related entity financial reports.)