Benevolent & Protective Order Of Elks Of The Usa is located in Brigantine, NJ. The organization was established in 1972. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2024, Benevolent & Protective Order Of Elks Of The USA employed 44 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Benevolent & Protective Order Of Elks Of The USA 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 03/2024, Benevolent & Protective Order Of Elks Of The USA generated $899.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $749.4k during the year ending 03/2024. While expenses have increased by 9.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE OF THIS FRATERNAL ORGANIZATION IS RAISING MONEY TO DONATE TO CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY EXEMPT PURPOSE OF THIS FRATERNAL ORGANIZATION IS RAISING MONEY TO DONATE TO CHARITABLE PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Paolucci Treasurer | Trustee | 0 | $6,328 |
Jean Dichecco Secretary | Trustee | 0 | $6,327 |
Justin Peticolas Esquire | Trustee | 0 | $0 |
Joe O'connell Leading Knight | Trustee | 0 | $0 |
Art Conover Trustee | Trustee | 0 | $0 |
Karol Anderson Loyal Knight | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $101,185 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $101,185 |
Total Program Service Revenue | $251,908 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $9,268 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $29,977 |
Net Income from Gaming Activities | $74,294 |
Net Income from Sales of Inventory | $433,015 |
Miscellaneous Revenue | $0 |
Total Revenue | $899,647 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $12,655 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $162,060 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,441 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,720 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $33,320 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $49 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $55,715 |
Insurance | $34,046 |
All other expenses | $105,263 |
Total functional expenses | $749,414 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $454,707 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $59,624 |
Prepaid expenses and deferred charges | $2,076 |
Net Land, buildings, and equipment | $1,328,398 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,134 |
Total assets | $1,845,939 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $268,679 |
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 | $3,828 |
Total liabilities | $272,507 |
Net assets without donor restrictions | $1,548,451 |
Net assets with donor restrictions | $24,981 |
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 | $1,845,939 |