Finances

Greek Catholic Union of the U.S.A.

Summary of Financial Statistics

Three Year Comparative

For Years Ending December 31, 2006, 2005 and 2004

	2007	2006	2005
Assets	591.3 Mil	574.6 Mil	575.5 Mil
Total Income	92.6 Mil	119.9 Mil	71.8 Mil
Total Operating Expense	69.1 Mil	114.8 Mil	60.5 Mil
Reserve Change Life and Annuities	18.4 Mil	(5.3) Mil	9.8 Mil
Income from Operations	(1,511,135)	4,314,328	1,486,237
Refunds to Members	(390,170)	(414,795)	(395,604)
Capital Gains (Losses)	3,178,371	(446,772)	10,791
Net Income	$1,277,065	$3,452,763	$1,101,424
Reserve-Interest Maint.	8,078,556	8,428,625	9,332,882
Reserve-Asset Valuation	6,368,472	4,824,558	4,655,242
Surplus (Net-Worth)	$26,556,457	$29,058,233	$25,188,280
Solvency Ratio	104.7%	106%	104.6%
Net Income Return on Assets	.2%	.6%	.2%

Surplus exceeds $40 million including Interest Maintenance Reserve and Asset Valuation Reserve.
GCU continues to maintain a very strong solvency ratio of approximately 105 %.

View/Print Detailed 2006 Annual Report

View/Print Detailed 3rd Quarter 2007 Report

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Greek Catholic Union of the U.S.A.
A Fraternal Benefit Society
5400 Tuscarawas Road
Beaver PA, 15009
Phone: 1-800-722-4428
Fax: 1-724-495-3421
Email: info@gcuusa.com

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