Denver Catholic

20 A R C H D I O C E S E O F D E N V E R STATEMENTS OF FINANCIAL POSITION As of June 30, 2017 and 2016 2017 2016 A SSE T S Cash & cash equivalents $2,237,037 $5,247,436 Investments 7,990,172 7,731,387 Propety & equipment, net 6,039,359 3,556,938 Total assets $16,266,568 $16,535,761 LI A BILITIE S Accounts payable & accrued expenses $230,554 $155,801 NE T A SSE T S Unrestricted net assets $16,036,014 $16,379,960 Total liabilities & net assets $16,266,568 $16,535,761 STATEMENTS OF FINANCIAL POSITION As of June 30, 2017 and 2016 2017 2016 A SSE T S Cash & shot term investments $7,077,088 $5,348,036 Accounts receivable - other 46,386 24,995 Investments 4,898,650 4,739,993 Note receivable 373,333 373,333 Due from parishes & other related entities, net 370,639 182,805 Total assets $12,766,096 $10,669,162 LI A BILITIE S & NE T A SSE T S Accounts payable $200,789 $176,340 Claims payable 3,160,302 3,337,470 Total liabilities $3,361,091 $3,513,810 NE T A SSE T S Unrestricted $9,405,005 $7,155,352 Total liabilities & net assets $12,766,096 $10,669,162 Camp St. Malo Religious Retreat & Conference Center, Inc. Camp St. Malo's (Malo) mission is to provide retreat facilities in an inspirational setting for religious and spiritual gatherings for both youth and adults. Malo preserves the heritage of the original Camp St. Malo, its conference center, the Papal visit and the Chapel on the Rock, pursues ways to support Catholic summer camps and Catholic outdoor/ecology education and is currently securing a location that would be suitable for the replacement construction of a retreat and conference center, youth retreats and camps. Archdiocese of Denver Welfare Benefits Trust e Archdiocese of Denver Welfare Benets Trust (Welfare Benets Trust) provides access to quality health care to more than 2,000 employee participants including: (1) archdiocesan, parish and related ecclesiastical entities' employees, (2) the Diocese of Colorado Springs and the employees of its parishes and related ecclesiastical entities, and (3) Catholic Charities and Community Services of the Archdiocese of Denver, Inc. STATEMENTS OF ACTIVITIES Years ended June 30, 2017 and 2016 2017 2016 RE V ENUE Suppot revenues $110,158 $82,134 Gants & contributions 258,785 58,442 Other income 50 5,962,124 Total revenue, net $368,993 $6,102,700 E X PENSE S Administative & other $632,939 $307,522 Gifts & gants 80,000 80,000 Total expenses $712,939 $387,522 Increase (decrease) in net assets ($343,946) $5,715,178 STATEMENTS OF ACTIVITIES Years ended June 30, 2017 and 2016 2017 2016 RE V ENUE Self insuance premiums & insuance $27,753,992 $25,991,393 Investment & other income 158,657 63,941 Total revenue $27,912,649 $26,055,334 E X PENSE S Self insuance claims, premiums, costs $25,081,761 $27,144,284 Suppot & administative expenses 581,235 631,269 Total expenses $25,662,996 $27,775,553 Increase (decrease) in net assets $2,249,653 ($1,720,219)

• Cover