Fraternal Order Of Eagles
- Assets
- $163.7k
- Revenue
- $70.5k
- Investments
- $0.0
- Employees
- 10
- Location
- Luverne, MN
- Founding
- 08/1991
- Data as of
- 05/2023
- EIN
- 23-7131658
Organization Overview
Fraternal Order Of Eagles is located in Luverne, MN. The organization was established in 1991. 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. As of 05/2023, Fraternal Order Of Eagles employed 10 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fraternal Order Of Eagles 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 05/2023, Fraternal Order Of Eagles generated $70.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $76.5k during the year ending 05/2023. While expenses have increased by 5.8% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL ACTIVITIES FOR EAGLES MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALES OF PULL-TABS-PROVIDES MEMBERSHIP WITH AN ACTIVITY WHICH IS PROVIDED IN THE LOUNGE DURING BUSINESS HOURS.
SALES OF BEVERAGES AND FOOD-PROVIDES MEMBERSHIP WITH A PLACE TO GATHER SOCIALLY WHICH IS ONE OF THE EXEMPT PURPOSES.
DUES & MEMBERSHIPS-PROVIDES MEMBERSHIP WITH ACCESS TO A NATIONAL ORGANIZATION WHICH ENTITLES THEM TO BENEFITS AS MEMBERS NATIONWIDE AND MAKES AVAILABLE MAGAZINES, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Berghorst Trustee | Trustee | $0 | |
Steve Dirks Trustee | Trustee | $0 | |
Scott Ketterling Trustee | Trustee | $0 | |
Walter Stearns Trustee | Trustee | $0 | |
Kevin Ferguson Vice-Preside | Officer | $0 | |
Austin E Kurtz Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,082 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,003 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,085 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | -$4,689 |
| Net Income from Sales of Inventory | $67,137 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,533 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,501 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,079 |
| 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 | $1,125 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,815 |
| 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 | $5,449 |
| Insurance | $4,690 |
| All other expenses | $800 |
| Total functional expenses | $76,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,397 |
| 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 | $16,799 |
| Inventories for sale or use | $8,840 |
| Prepaid expenses and deferred charges | $933 |
| Net Land, buildings, and equipment | $101,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $163,722 |
| Accounts payable and accrued expenses | $6,762 |
| 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 | $6,762 |
| Net assets without donor restrictions | $156,960 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $163,722 |