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Organizations Catholic United Financial

Catholic United Financial

Fiscal year ending 2019. Filed on July 16, 2020.

3499 Lexington Ave N
Suite 530
Arden Hills, Minnesota 55126

Catholic United Financial (EIN: 41-0182070) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Catholic United Financial, a 501(c)(8) fraternal beneficiary society, reported compensation for 7 out of 105 total employees. Among the employees shown here, the average compensation is $312,398. The highest compensated employee at Catholic United Financial is Harald Borrmann with fiscal year 2019 compensation of $477,408.

Revenue, expenses, and employee compensation

Revenue

$75,032,534

Expenses

$75,612,310

Employee compensation

$8,168,227
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Harald Borrmann
Chair and President
$477,408
$375,291 No related comp$102,117
Michael Ahles
Senior Vice President and Secretary/Treasurer
$428,278
$361,051 No related comp$67,227
Patrick Brown
Regional Sales Manager
$334,737
$222,863 No related comp$111,874
John Tetzloff
Advanced Case Specialist/Trainer
$266,504
$193,479 No related comp$73,025
Tom Schisler
Sales Director
$235,388
$165,169 No related comp$70,219
Peter Ryan
Sales Representative
$222,307
$161,414 No related comp$60,893
Gregory Gall
Regional Sales Manager
$222,167
$151,255 No related comp$70,912

Benchmark Employee Compensation

Non-Employee Board Members

Robert F Krattenmaker
Board Member
$22,650
$22,650 No related compNo other comp
James Wensel
Board Member
$20,250
$20,250 No related compNo other comp
James Gibbons
Board Member
$19,650
$19,650 No related compNo other comp
Jean Hart
Board Member
$19,650
$19,650 No related compNo other comp
William Lucas
Board Member
$19,650
$19,650 No related compNo other comp
Martin Seifert
Board Member
$18,850
$18,850 No related compNo other comp
Renee Brod
Board Member
$18,850
$18,850 No related compNo other comp

Contractors

Miller & Newberg
Actuarial and Consulting
$368,679
Securian Asset Management
Investment Advisory
$365,085
Fast
Software Development
$191,202
Wellington Management Company LLP
Investment Advisory
$177,557
McCracken Manzey Consulting
Consulting
$135,227

Mission Statement

Catholic United Financial exists as a not-for-profit fraternal benefit society to: Promote fraternalism and charity among its members through a Local Council system and a representative form of goverment. Provide its members with life insurance, annuities and other products, services and benefits that will contribute to the financial well-being of our members and their families. Support the Roman Catholic Church in extending the faith, especially by commending and encouraging Catholic schools and religious education. Strive to be a good employer and contributing member of our community.

Revisions to this organization profile

September 24, 2025:
2024 Catholic United Financial 990 filed
October 10, 2024:
2023 Catholic United Financial 990 filed
August 22, 2023:
2022 Catholic United Financial 990 filed

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Other organizations also named Catholic United Financial

Catholic United Financial Foundation
ST Paul, Minnesota
Catholic United Financial Credit Union
Saint Paul, Minnesota