Knights Of Columbus
- Assets
- $13.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 10/1940
- Data as of
- 06/2024
- EIN
- 23-7142403
Organization Overview
Knights Of Columbus is located in Palatine, IL. 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 06/2024, Knights Of Columbus generated $81.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $79.2k during the year ending 06/2024. While expenses have increased by 2.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Degiulio Grand Knight | 16 | $0 | |
Jim P Arns Financial Secretary | 16 | $0 | |
Larry Ruff Treasurer | 12 | $0 | |
Conrad Bertz Trustee | 2 | $0 | |
Rick Deyhle Trustee | 2 | $0 | |
Mark Nanini Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,011 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,631 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,557 |
| Other Revenue | $3,365 |
| Total Revenue | $81,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $851 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,395 |
| Other expenses | $4,505 |
| Total expenses | $79,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,611 |
| Other assets | $0 |
| Total assets | $13,611 |
| Total liabilities | $5,250 |
| Net assets or fund balances | $8,361 |