Knights Of Columbus
- Assets
- $1.2m
- Revenue
- $69.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 10/1940
- Data as of
- 06/2021
- EIN
- 23-7107497
Organization Overview
Knights Of Columbus is located in Roseville, MN. 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 06/2021, Knights Of Columbus generated $69.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $53.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE MEMBERS' WELFARE, CHARITY, AND FRATERNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES INCLUDE AIDING SENIOR CITIZENS; DISTRIBUTING FOOD BASKETS TO THE POOR; PROMOTION OF YOUTH ACTIVITIES; AND DONATIONS TO VARIOUS AREA SCHOOLS, CHURCHES, AND OTHER CHARITABLE ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Chamberland Three Year Trustee | Officer | 0.5 | $0 |
David E Richard Grand Knight | Officer | 0.5 | $0 |
Stephen E Ray Treasurer | Officer | 0.5 | $0 |
William C Scarborough One Year Trustee | Officer | 0.5 | $0 |
Thomas J Pepin Two Year Trustee | Officer | 0.5 | $0 |
William C Eddleston Deputy Grand Knight | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,630 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,630 |
| Total Program Service Revenue | $3,018 |
| Investment income | $20,126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,080 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $477 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,758 |
| 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. | $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 | $9,344 |
| Fees for services: Legal | $1,755 |
| Fees for services: Accounting | $0 |
| 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 | $769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,003 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,447 |
| Interest | $0 |
| Payments to affiliates | $1,584 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,552 |
| All other expenses | $0 |
| Total functional expenses | $53,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,853 |
| Savings and temporary cash investments | $70,551 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,127,743 |
| Intangible assets | $0 |
| Other assets | $1,402 |
| Total assets | $1,203,549 |
| 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 | $31,727 |
| Total liabilities | $31,727 |
| 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 | $1,171,822 |
| Total liabilities and net assets/fund balances | $1,203,549 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraternal Order Of Eagles Rochester, MN | $2,643,066 | $1,746,763 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Mandan Lodge No 425 Mandan, ND | $873,326 | $1,124,005 |
Independent Order Of Odd Fellows Des Moines, IA | $12,335,736 | $1,490,752 |
Ancient Free & Accepted Masons Of N D Watford City, ND | $6,705,965 | $1,634,687 |
Knights Of Columbus Oskaloosa, IA | $280,484 | $432,528 |
Independent Order Of Odd Fellows West Des Moines, IA | $1,100,866 | $474,607 |
Fraternal Order Of Police Thompson, ND | $395,477 | $367,760 |
Knights Of Columbus Redfield, SD | $385,727 | $330,588 |
Knights Of Columbus Hutchinson, MN | $2,331,073 | $310,019 |
Knights Of Columbus Dickinson, ND | $438,153 | $257,253 |
Fraternal Order Of Police Golden Valley, MN | $141,109 | $189,124 |