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FINANCIAL REPORT 2015 ARCHDIOCESE OF DENVER 07 SPECIAL COLLECTIONS Contributions to special collections provide funds for Catholic Relief Services, the Holy Land, Peter's Pence, Catholic University of America, Catholic Communications Campaign, Church in Latin America, Church in Central and Eastern Europe, Propagation of the Faith, Catholic Campaign for Human Development and Religious Retirement and many other worthwhile organizations. Such contributions are not reflected in the Statements of Activities for the archdiocese as, when these funds are collected, they are held in trust for the ultimate benefactor and distributed to such entities. The archdiocese does withhold a modest administrative fee from these special collections before remiing such funds to the respective entity or agency within the Church. Such fees cover banking fees and other processing costs and were approximately five percent of total special collections. STATEMENTS OF FINANCIAL POSITION As of June 30, 2015 and 2014 2015 2014 ASSETS Property & equipment, net $2,415,933 $2,428,703 Total assets $2,415,933 $2,428,703 LIABILITIES & NET ASSETS: Liabilities $ - $ - Unrestricted net assets 2,415,933 2,428,703 Total liabilities & net assets $2,415,933 $2,428,703 STATEMENTS OF ACTIVITIES Years ended June 30, 2015 and 2014 2015 2014 REVENUE: Grants & contributions $ - $ - Total revenue - - EXPENSES: Program expenses - depreciation 12,7 70 12,7 70 Decrease in net assets ($12,770) ($12,770) AMOUNTS COLLECTED FOR SPECIAL COLLECTIONS Years ended June 30, 2015 and 2014 2015 2014 SPECIAL COLLECTIONS, NET OF FEES: International / national combined collections $1,116,407 $1,080,000 Catholic Campaign for Human Development 31,043 21,655 Religious Retirement collections 122,812 135,990 Combined mission collections 647,394 543,609 Total $1,917,656 $1,781,254 THE ST. JOHN PAUL II CENTER FOR THE NEW EVANGELIZATION The two significant construction projects on the campus of the St. John Paul II Center for the New Evangelization were renovations to the St. John Vianney Theological Seminary and the construction of the Holy Trinity Center. The seminary project was substantially completed in August 2014, and the Holy Trinity Center was completed in May 2015. The campus now known as The Saint John Paul II Center was bought by the Vincentians in 1906, and the first building (Old Red Brick) was completed in 1908.