Knights Of Columbus
- Assets
- $47.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mounds View, MN
- Founding
- 10/1940
- Data as of
- 06/2022
- EIN
- 23-7107796
Organization Overview
Knights Of Columbus is located in Mounds View, 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 06/2022, Knights Of Columbus generated $32.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $32.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald T Arel Financial Secretary | 10 | $0 | |
Terry M Wagner Grand Knight | 5 | $0 | |
Leonard J Resler Trustee | 1 | $0 | |
Kenneth L Resler Treasurer | 10 | $0 | |
Robert R Roiger Trustee | 1 | $0 | |
Wayne C Bromen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,193 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,919 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,983 |
| Other Revenue | $0 |
| Total Revenue | $32,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $300 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,402 |
| Total expenses | $32,099 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,088 |
| Other assets | $0 |
| Total assets | $47,088 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,088 |
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 |