Public Charity

BISHOP GORMAN DEVELOPMENT CORPORATION

BISHOP GORMAN DEVELOPMENT CORPORATION is a private foundation categorized as Public Charity based in LAS VEGAS, NV. Its most recent IRS filing (2024) reports revenue of $4.7M, expenses of $2.2M, total assets of $57.9M.

EIN: 200409835 LAS VEGAS, NV Single Organization Support NTEE: W11 Latest filing: 2024
Total Revenue$4.7M
Total Expenses$2.2M
Total Assets$57.9M
Grants Given1
Filing Years2020–2024

Mission

RAISE FUNDS FOR, BUILD, AND LEASE A CAMPUS TO AFFILIATED ROMAN CATHOLIC ARCHDIOCESE FOR OPERATION AS A HIGH SCHOOL.

Where $100 goes at Bishop Gorman Development Corporation

How Bishop Gorman Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$49 Programs the work itself
$51 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $49 for programs

$49
Bgdc is a not-for-profit organization created to construct the bishop gorman high school campus (the school) in Las Vegas, nevada and lease the facility to the roman catholic…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Archbishop George Leo Thomas
MEMBER Lorenzo Fertitta
TREASURER Marcus Valerio
SECRETARY Michael Gaughan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.7M $2.2M $57.9M
2023 $7.9M $1.7M $53.4M
2022 $13.1M $1.3M $46.9M
2021 $2.8M $1.2M $36.1M
2020 $1.7M $1.3M $35.4M

Between 2020 and 2024, reported annual revenue grew from $1.7M to $4.7M (+178%), with total assets most recently reported at $57.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NV.

NV

Full geographic grant map with state-by-state breakdown available with membership.

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