Knights Of Columbus is located in Lake Orion, 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 12/2022, Knights Of Columbus generated $298.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $51.5k during the year ending 12/2022. 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
MEMBER SERVICES/DONATIONS TO CHARITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES/DONATIONS TO CHARITY
MEMBER SERVICES/DONATIONS TO CHARITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dick Britton Trustee | Trustee | 5 | $0 |
Dale R Dessell Trustee | Trustee | 5 | $0 |
Ron Hines Trustee | Trustee | 5 | $0 |
Frank Kramarczyk Grand Knight | Officer | 10 | $0 |
Kenneth E Simpson Financial Se | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,881 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $260,978 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $268,859 |
Total Program Service Revenue | $16,503 |
Investment income | $2,889 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,932 |
Net Income from Fundraising Events | $6,444 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $298,627 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $33,136 |
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 | $3,595 |
Fees for services: Other | $0 |
Advertising and promotion | $1,622 |
Office expenses | $914 |
Information technology | $115 |
Royalties | $0 |
Occupancy | $1,659 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,953 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $420 |
All other expenses | $0 |
Total functional expenses | $51,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,136 |
Savings and temporary cash investments | $553,226 |
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 | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $628,362 |
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 | $8,000 |
Total liabilities | $8,000 |
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 | $620,362 |
Total liabilities and net assets/fund balances | $628,362 |
Over the last fiscal year, Knights Of Columbus has awarded $33,136 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CHARITIES FOR MENTALLY IMPAIRED | | | $19,868 |
VARIOUS ORGANIZED CHARITIES | | | $13,268 |