Knights Of Columbus
- Assets
- $95.5k
- Revenue
- $21.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ypsilanti, MI
- Founding
- 10/1940
- Data as of
- 06/2022
- EIN
- 23-7142147
Organization Overview
Knights Of Columbus is located in Ypsilanti, MI. 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 $21.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $19.2k during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 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
KNIGHTS OF COLUMBUS IS AN ORGANIZATION THAT IS DEEPLY ROOTED IN THE CATHOLIC FAITH. ITS GOALS ARE BASED UPON CHARITY, UNITY, FRATERNATY AND PATRIOTISM. ALL OF THESE GOALS PROVIDE GREAT BENEFITS TO THE MEMBERS, THEIR FAMILIES AND THE CATHOLIC COMMUNITY AS A WHOLE. THIS COUNCIL WORKS CLOSELY WITH ST. JOHN THE BAPTIST CATHOLIC CHURCH IN YPSILANTI, MI TO PROVIDE FUNDS AND SERVICES FOR VARIOUS PROJECTS IN THAT PARISH COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COUNCIL PROVIDES SOME FINANCIAL SUPPORT FOR SEMINARIANS STUDYING FOR THE PRIESTHOOD. THIS MONEY AIDS BETWEEN 5 AND 6 SEMINARIANS WITH THEIR NEEDS WHILE IN SCHOOL. IN ADDITION, THE COUNCIL PROVIDES AN ANNUAL CONTRIBUTION TO THE DIOCESE OF LANSING TO PROMOTE CATHOLIC VOCATIONS WITHIN THE CATHOLIC COMMUNITIES OF THE DIOCESE.
THE COUNCIL GIVES MONETARY ASSISTANCE TO A LOCAL CATHLOLIC ELEMENTARY SCHOOL IN THE FORM OF SCHOLARSHIPS TO FAMILIES EXPERIENCING TEMPORARY FINANCAL DIFFICULTIES IN MEETING THEIR TUITION OBLIGATIONS.
THE COUNCIL GIVES MONETARY SUPPORT TO PROGRAMS WITHIN THE ST. JOHN THE BAPTIST CATHOLIC PARISH. - FOOD CUPBOARD = 2,405
THE COUNCIL ALSO GRANTED ONE TIME PAYMENTS TO THE FOLLOWING ORGANIZATIONS: - AVE MARIA RADIO 500 - BOYSVILLE 339 - TOYS FOR TOTS 500 - FAMILY LIFE SERVICES 1,000 - UKRANIAN RELIEF 1,000 - VETERAN'S HOUSING 1,500 - MISCELLANEOUS OTHER 818
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 |
|---|---|---|---|
Patrick S Grimes Recorder | Officer | $0 | |
Ronald E Roznowski Warden | Officer | $0 | |
Raymond J Bayham Chancellor | Officer | $0 | |
Harry T Laughlin Financial Se | Officer | $0 | |
Anthony J Comazzi Deputy Grand | Officer | $0 | |
Michael W Krell Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,039 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,983 |
| Total Program Service Revenue | $0 |
| Investment income | $2,230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $131 |
| Net Income from Gaming Activities | $16,447 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,791 |
| 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 | $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 | $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 | $945 |
| Office expenses | $388 |
| Information technology | $96 |
| 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 | $1,600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $500 |
| All other expenses | $3,058 |
| Total functional expenses | $19,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,300 |
| Savings and temporary cash investments | $75,664 |
| 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 | $500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,464 |
| Accounts payable and accrued expenses | $5 |
| 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 | -$112 |
| Total liabilities | -$107 |
| 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 | $95,571 |
| Total liabilities and net assets/fund balances | $95,464 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knights Of Columbus Sterling Heights, MI | $3,072,612 | $2,273,115 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Knights Of Columbus Perrysburg, OH | $808,575 | $1,537,138 |
Fraternal Order Of Police Indianapolis, IN | $2,947,250 | $1,361,555 |
Knights Of Columbus Vincennes, IN | $519,421 | $1,320,195 |
Knights Of Columbus Muncie, IN | $2,260,744 | $836,974 |
Michigan Fraternal Order Of Police Labor Council Madison Heights, MI | $489,570 | $852,413 |
Fraternal Order Of Eagles Chagrin Falls, OH | $576,840 | $914,060 |
Independent Order Of Odd Fellows Indianapolis, IN | $4,202,872 | $398,036 |
Fraternal Order Of Police Indianapolis, IN | $2,056,132 | $736,087 |
Knights Of Columbus Munster, IN | $499,910 | $771,091 |
Fraternal Order Of Police Jeffersonville, IN | $525,635 | $714,502 |