PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Diocesan Real Estate Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.07M (2023)

Expenses
$6.41M (2023)

Total Assets
$154M (2023)

Total Liabilities
$44 (2023)

Source: Form 990 tax filings from 2017 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,065,119
Expenses
$6,410,402
Net Income
-$3,345,283
Net Assets
$153,876,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,424
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,000,001
97.9%
Net Fundraising $0
Sales of Assets $39,578
1.3%
Net Inventory Sales $0
Other Revenue $4,116
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $153,877,012
Total Liabilities $44
Net Assets $153,876,968
Compensation
Key Employees and Officers Compensation Related Other
Michael Deemer (Director/ Treasurer) $0 $125,505 $38,207
Bishop Mark E Brennan (Director/ Chairman/ Sole M) $0 $37,600 $16,806
James Gardill (Director/ Secretary) $0 $0 $0
Patrick Henry (Director/ President) $0 $138,375 $29,322
Bryan Minor (Director/ Vice President) $0 $162,414 $36,314
Monsignor Eugene S Ostrowski (Director/ Vice Chairman) $0 $25,500 $0
Monsignor Joseph Peterson (Director) $0 $33,368 $1,627

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,003,325
Expenses
$6,319,990
Net Income
-$3,316,665
Net Assets
$157,222,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $170
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,000,001
99.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,154
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $157,323,357
Total Liabilities $101,106
Net Assets $157,222,251
Compensation
Key Employees and Officers Compensation Related Other
Michael Deemer (Director/ Treasurer) $0 $121,148 $24,851
Bishop Mark E Brennan (Director/ Chairman/ Sole M) $0 $37,600 $16,740
James Gardill (Director/ Secretary) $0 $0 $0
Patrick Henry (Director/ President) $0 $133,300 $25,262
Bryan Minor (Director/ Vice President) $0 $156,850 $26,721
Monsignor Eugene S Ostrowski (Director/ Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,775,598
Expenses
$4,806,378
Net Income
$130,969,220
Net Assets
$160,538,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $133,522,624
98.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $2,250,001
1.7%
Net Fundraising $0
Sales of Assets $2,973
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $160,539,062
Total Liabilities $146
Net Assets $160,538,916
Compensation
Key Employees and Officers Compensation Related Other
Michael Deemer (Director/ Treasurer) $0 $112,596 $22,743
Bishop Mark E Brennan (Director/ Chairman/ Sole M) $0 $37,600 $16,314
James Gardill (Director/ Secretary) $0 $0 $0
Patrick Henry (Director/ President) $0 $123,669 $21,437
Bryan Minor (Director/ Vice President) $0 $154,476 $24,129
Monsignor Eugene S Ostrowski (Director/ Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$17,216
Expenses
$782,536
Net Income
-$799,752
Net Assets
$29,569,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1
Net Fundraising $0
Sales of Assets -$17,217
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $29,569,743
Total Liabilities $47
Net Assets $29,569,696
Compensation
Key Employees and Officers Compensation Related Other
Michael Deemer (Director/ Treasurer) $0 $136,148 $25,576
Bishop Mark E Brennan (Director/ Chairman/ Sole Member) $0 $41,360 $16,554
James Gardill (Director/ Secretary) $0 $0 $0
Alex Nagem Retired 1231 (Director/ President) $0 $174,156 $26,626
Bryan Minor (Director/ Vice President) $0 $166,035 $26,693
Monsignor Eugene S Ostrowski (Director/ Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,362
Expenses
$797,398
Net Income
-$791,036
Net Assets
$30,369,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1
0.0%
Net Fundraising $0
Sales of Assets $6,361
100.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,376,536
Total Liabilities $7,088
Net Assets $30,369,448
Compensation
Key Employees and Officers Compensation Related Other
Michael Deemer (Director/ Treasurer) $0 $116,514 $26,727
Bishop Mark E Brennan Aug Dec (Director/ Chairman/ Sole Member) $0 $16,576 $5,895
James Gardill (Director/ Secretary) $0 $0 $0
Alex Nagem Appointed 2019 (Director/ President) $0 $121,923 $26,728
Bryan Minor Appointed 2019 (Director/ Vice President) $0 $179,967 $29,466
Archbishop William Lori Jan Aug (Former Director/ Chairman/) $0 $28,900 $0
Kevin Quirk Resigned 2019 (Former Director/ President) $0 $36,850 $16,971
Ron Violi Resigned 2019 (Former Director/ Vice Pres) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,011
Expenses
$797,722
Net Income
-$674,711
Net Assets
$31,160,484
Notable Sources of Revenue Percent of Total Revenue
Contributions $123,000
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,160,533
Total Liabilities $49
Net Assets $31,160,484
Compensation
Key Employees and Officers Compensation Related Other
Michael Deemer (Director/ Treasurer) $0 $92,763 $24,835
James Gardill (Director/ Secretary) $0 $0 $0
Michael J Bransfield (Former Director/ Chairman/ Sole M) $0 $199,355 $19,659
Kevin Quirk (Former Director/ President) $0 $49,469 $17,420
Ron Violi (Former Director/ Vice President) $0 $0 $0
Frederick Annie (Former Director/ Vice Chairman) $0 $37,964 $16,849

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,305,110
Expenses
$469,915
Net Income
$31,835,195
Net Assets
$31,835,195
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,305,110
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,836,141
Total Liabilities $946
Net Assets $31,835,195
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael J Bransfield (Director/ Chairman/ Sole Member) $0 $207,131 $23,871
Kevin Quirk (Director/ President) $0 $46,705 $16,908
Ron Violi (Director/ Vice President) $0 $0 $0
Michael Deemer (Director/ Treasurer) $0 $90,906 $24,204
Frederick Annie (Director/ Vice Chairman) $0 $29,089 $15,931
James Gardill (Director/ Secretary) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »