Annual Report FY17
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Financial Report for the year ending June 30, 2017
Archdiocese of Boston Financial Report for the Year Ending June 30, 2017
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 55
7.Audited Financial Statements of Corporation Sole’s Related Organizations - page 57
8.Financial Statements of Corporation Sole’s Parishes - page 61
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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