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Diocesan Operating Budget November 7, 2023

BRIDGEPORT—Bishop Frank J. Caggiano and the Finance Council of the Diocese of Bridgeport have approved a fiscal year ending June 30, 2024 operating budget with a total of $24,432,690 in revenues and $24,413,694 in expenditures, representing an $18,976 projected surplus.

The approved budget projects revenues and expenses to increase approximately $2.7 million. Increased revenue and expenses of approximately $1.4 million are associated with restricted contributions for specific programs which are offset by related expenses. An additional $1 million of revenue is related to projected increased contributions, bequests and interest income, which will support various other expenses.

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Members of the Diocesan Finance Council

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Most Reverend Frank J. Caggiano
Bishop of Bridgeport

Msgr. Robert Kinnally
Vicar General, Diocese of Bridgeport

Mr. Michael Hanlon, CPA
Chief Financial Officer, Diocese of Bridgeport

Deacon Patrick Toole
Chancellor and Episcopal Delegate for Administration, Diocese of Bridgeport

Ms. Anne McCrory
Chief Legal & Real Estate Officer, Diocese of Bridgeport

Ms. Arlene Perricone, CPA
Controller, Diocese of Bridgeport

Mr. William H. Besgen
Retired Vice Chairman, President, and Board Director, Hitachi Capital America Corporation
Term: January 1, 2024 – January 1, 2025

Ms. Cathy Bradley
Retired, President of Spoken Communications
Term: January 1, 2020 – January 1, 2025

Ms. Mary Jo Dyer
Managing Director, Merritt Capital Investment Advisors, LLC
Term: January 1, 2020 – January 1, 2025

Mr. Kenneth G. Thompson
President and CEO, TD Private Client Services, LLC
Term: January 1, 2020 – January 1, 2025

Mr. Michael F. Hoben
Retired CEO, Benefit Capital Management Corporation
Term: January 1, 2024 – January 1, 2026

Mr. Michael O’Rourke
Senior Vice President, Oppenheimer & Co., Inc.
Term: January 1, 2024 – January 1, 2026

Mr. James G. Woods
Managing Member, Venman & Co. LLC
Term: January 1, 2024 – January 1, 2026

Mr. Arthur Rhatigan
Senior Vice President/CorporateTeam Lead, Bank United
Term: January 1, 2024 – January 1, 2027

Mr. Michael Zampardi
Managing Partner, Columbia Advisor
Term: January 1, 2024 – January 1, 2027

Mr. Antonio (Tony) Fernandez
Retired Chief Supply Chain Officer
Independent Board Director and Consultant
Term: January 1, 2024 – January 1, 2029

Mrs. Margarita Pineda-Ucero
Managing Director Audax Group – Private Debt
Term: January 1, 2024 – January 1, 2029

Mr. Joseph D. Roxe
Chairman, Bayholdings LLC and Chairman, The Roxe Foundation
Term: January 1, 2024 – January 1, 2029

Ms. Paula-Summa
Retired General Manager of~Digital Sales, IBM Gorporation
Term: January 1, 2024 – January 1, 2029

Mr. Brian Young
General Partner, EOS Partners
Term: January 1, 2024 – January 1, 2029

 

Audit Committee

Mr. James G. Woods — Chair
Managing Member, Venman & Co. LLC

Mr. Michael F. Hoben
Retired CEO, Benefit Capital Management Corporation

Mr. Brian Young
General Partner, EOS Partners

 

Compensation Committee

Mr. James G. Woods — Chair
Managing Member, Venman & Co. LLC

Mr. Arthur Rhatigan
Senior Vice President/CorporateTeam Lead, Bank United