Knights Of Columbus
- Assets
- $126.4k
- Revenue
- $152.4k
- Investments
- $49.4k
- Employees
- 0
- Location
- Marion, IL
- Founding
- 10/1940
- Data as of
- 12/2022
- EIN
- 23-7104479
Organization Overview
Knights Of Columbus is located in Marion, IL. The organization was established in 1940. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Knights Of Columbus 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 12/2022, Knights Of Columbus generated $152.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $156.4k during the year ending 12/2022. While expenses have increased by 18.2% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COUNCIL'S PRIMARY PURPOSE IS TO PROVIDE A VEHICLE FOR THE MEMBERSHIP TO AID THE COMMUNITY, THEIR CHURCH AND EACH OTHER THROUGH THEIR COMBINED EFFORTS IN A FRATERNAL SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CITY OF MARION JULY 4TH FIREWORKS - THE COUNCIL ORGANIZES, OPERATES AND FUNDS THE CITY OF MARION'S ANNUAL JULY 4TH CELEBRATION AS A COMMUNITY PROJECT. THE FIREWORKS ARE OPEN TO THE PUBLIC FREE OF CHARGE AND ARE CELEBRATED BY APPROXIMATELY 9,000 PEOPLE EACH YEAR.
THE MENTALLY HANDICAPPED DRIVE - FUNDS ARE COLLECTED AND REMITTED TO THE STATE COUNCIL OF THE KNIGHTS OF COLUMBUS AND THEN ARE DISBURSED THROUGHOUT ILLINOIS TO ORGANIZATIONS BENEFITING HANDICAPPED PERSONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Steber Trustee | Trustee | 3 | $0 |
Rudy Amaro Trustee | Trustee | 3 | $0 |
Tom Ivastinin Trustee | Trustee | 3 | $0 |
Jerry Pulley Grand Knight | Officer | 10 | $0 |
Ernest Kurtz Financial Secretary | Officer | 3 | $0 |
Gary Steber Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $450 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $958 |
| Total Program Service Revenue | $66,706 |
| Investment income | $2,937 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,376 |
| Net Income from Gaming Activities | $72,238 |
| Net Income from Sales of Inventory | $3,179 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $152,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,317 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| 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 | $1,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,566 |
| Travel | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $156,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,035 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $49,363 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $126,398 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $126,398 |
| Total liabilities and net assets/fund balances | $126,398 |
Grants Awarded
Over the last fiscal year, Knights Of Columbus has awarded $14,317 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IL KNIGHTS OF COLUMBUS CHARITIES PURPOSE: MENTALLY HANDICAPPED | $10,287 |
OTHER MISCELLANEOUS CHARITIES PURPOSE: SUPPORT LOCAL COMMUNITY CHARITIES | $4,030 |