Knights Inc is located in Barre, VT. The organization was established in 2014. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. Knights Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2018, Knights Inc generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (73.7%) each year. All expenses for the organization totaled $409.1k during the year ending 05/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
KNIGHTS,INC. AS THE PROPERTY OWNING ENTITY OF THE KNIGHTS OF COLUMBUS, PROVIDED THE FACILITY FOR ALL MONTHLY AND OTHER MEETINGS OF KNIGHTS OF COLUMBUS BISHOP BRADY COUNCIL 399 AND CHARLES JASMAN ASSEMBLY. BOTH THESE FRATERNAL ORGANIZATIONS PROVIDE FINANCIAL AND VOLUNTEER ASSISTANCE TO AREA CATHOLIC CHURCHES AND SEMINARIANS STUDYING FOR THE PRIESTHOOD AND LOCAL FOOD BANKS; AND PERFORM OTHER CHARITABLE WORKS. THEY ALSO CONTRIBUTE FUNDS TO THE SUPREME KNIGHTS OF COLUMBUS ORGANIZATION TO PROMOTE THEIR WORLDWIDE MISSION. KNIGHTS INC SOLD THE PROPERTY ON 1/18/2016 AND HAS DONATED THE PROCEEDS TO THE LOCAL CHURCH IN BARRE VT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John G Santorello Secretary/treas | 1 | $0 | |
Joe Kelly President | 1 | $0 | |
Andre Rouleau Trustee | 1 | $0 | |
Bill Robie Trustee | 1 | $0 | |
Roger Leclair Trustee | 1 | $0 | |
Michael Poczobut Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,333 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $190 |
Total Revenue | $1,523 |
Statement of Expenses | |
---|---|
Total expenses | $409,091 |
Balance Sheet | |
---|---|
Total assets | $27,952 |
Total liabilities | $0 |
Net assets or fund balances | $27,952 |
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Knights Inc Barre, VT | $27,952 | $0 |