Independent Order Of Odd Fellows is located in Auburn, ME. The organization was established in 1962. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Independent Order Of Odd Fellows employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Independent Order Of Odd Fellows is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 06/2022, Independent Order Of Odd Fellows generated $431.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $227.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN A FRATERNAL AND BENEFICIAL LODGE SYSTEM IN MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN A FRATERNAL AND BENEFICIAL LODGE SYSTEM IN MAINE.
NURSING TRAINING - SCHOLARSHIP AWARDS TO ASSIST NURSING STUDENTS PURSUING DEGREES IN THE STATE OF MAINE.
ODD FELLOWS AND REBEKAH'S HOME OF MAINE - DONATIONS TO ASSIST IN THE CARE OF THE HOME'S RESIDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Anderson Grand Secretary | OfficerTrustee | 18 | $27,350 |
George S Merrill II Grand Treaurer | OfficerTrustee | 12 | $16,000 |
Ralph Trynor Grand Master | OfficerTrustee | 2 | $0 |
Roderick Ronco Deputy Grand Master | OfficerTrustee | 2 | $0 |
Troy Carter Grand Warden | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $14,702 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $24,516 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,218 |
Total Program Service Revenue | $0 |
Investment income | $75,879 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $314,659 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$141 |
Miscellaneous Revenue | $0 |
Total Revenue | $431,111 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,422 |
Grants and other assistance to domestic individuals. | $18,793 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $40,650 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,602 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $30,579 |
Fees for services: Other | $0 |
Advertising and promotion | $7,932 |
Office expenses | $11,982 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,936 |
Travel | $21,632 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $31,718 |
Depreciation, depletion, and amortization | $1,916 |
Insurance | $1,375 |
All other expenses | $27,810 |
Total functional expenses | $227,347 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,432 |
Savings and temporary cash investments | $128,491 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,228 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,798 |
Net Land, buildings, and equipment | $3,583 |
Investments—publicly traded securities | $4,890,520 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,038,052 |
Accounts payable and accrued expenses | $12,996 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $12,996 |
Net assets without donor restrictions | $4,232,809 |
Net assets with donor restrictions | $792,247 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,038,052 |
Beg. Balance | $13,577 |
Earnings | -$1,482 |
Ending Balance | $12,095 |
Organization Name | Assets | Revenue |
---|---|---|
Knights Of Columbus Salem, NH | $880,342 | $590,038 |
Independent Order Of Odd Fellows Auburn, ME | $5,038,052 | $431,111 |
Knights Of Columbus Newport, ME | $73,124 | $188,825 |
Independent Order Of Odd Fellows South Portland, ME | $4,416,675 | $461,033 |
Knights Of Columbus Manchester, NH | $356,383 | $283,053 |
Ancient Free & Accepted Masons Of Maine Bowdoinham, ME | $957,442 | $51,657 |
Ellsworth Lodge 2698 Loyal Order Of Moose Ellsworth, ME | $344,942 | $81,573 |
Free & Accepted Masons Of New Hampshire Concord, NH | $924,788 | $87,179 |
Free & Accepted Masons Of New Hampshire Grand Lodge Hillsborough, NH | $513,917 | $74,308 |
Free & Accepted Masons Of New Hampshire South Hampton, NH | $217,955 | $0 |
Independent Order Of Odd Fellows Portsmouth, NH | $1,839,315 | $112,369 |
Knights Of Columbus Old Town, ME | $104,840 | $86,379 |