Knights Of Columbus is located in Highland, 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 06/2022, Knights Of Columbus generated $85.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $118.6k during the year ending 06/2022. 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
CATHOLIC FRATERNAL ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICES IN AND AROUND HIGHLAND ILLINOIS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Klostermann Financial Se | OfficerTrustee | $0 | |
Craig Wieseman Treasurer | OfficerTrustee | $0 | |
Dave Gall Recorder | OfficerTrustee | $0 | |
Ken Krausz Grand Knight | OfficerTrustee | $0 | |
John Kapp Warden | OfficerTrustee | $0 | |
Jacob Rose Deputy Grand | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $18,018 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,018 |
Total Program Service Revenue | $11,432 |
Investment income | $201 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $31,385 |
Net Income from Gaming Activities | $23,958 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $84,994 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $68,403 |
Grants and other assistance to domestic individuals. | $742 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $10,981 |
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 | $3,945 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,845 |
Office expenses | $7,190 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $24,718 |
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 | $0 |
Insurance | $475 |
All other expenses | $0 |
Total functional expenses | $118,560 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $64,330 |
Savings and temporary cash investments | $59,793 |
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 | $124,123 |
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 | $0 |
Total liabilities | $0 |
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 | $124,123 |
Total liabilities and net assets/fund balances | $124,123 |
Over the last fiscal year, Knights Of Columbus has awarded $59,555 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Highland, IL | | $20,957 |
ILL K OF C STATE CHARITIES | | | $14,319 |
CATHOLIC SEMINARIES | | | $11,425 |
ST PAUL CATHOLIC SCHOOL | | | $7,000 |
ST PAUL CATHOLIC CHURCH | | | $5,854 |
Over the last fiscal year, we have identified 1 grants that Knights Of Columbus has recieved totaling $5,500.
Awarding Organization | Amount |
---|---|
Highland Area Community Foundation Inc Highland, IL | | $5,500 |
Organization Name | Assets | Revenue |
---|---|---|
Kskj Life American Slovenian Catholic Union Joliet, IL | $557,090,096 | $81,326,780 |
Fraternal Order Of Police Springfield, IL | $4,655,604 | $3,378,410 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Grand Lodge Af & Am Of Mo Columbia, MO | $32,765,644 | $3,925,991 |
Fraternal Order Of Police Indianapolis, IN | $2,947,250 | $1,361,555 |
Knights Of Columbus Vincennes, IN | $519,421 | $1,320,195 |
Fraternal Order Of Police Springfield, IL | $2,221,177 | $1,282,893 |
Fraternal Order Of Police Kansas City, MO | $1,876,006 | $1,253,376 |
Knights Of Columbus Muncie, IN | $2,260,744 | $836,974 |
Independent Order Of Odd Fellows Des Moines, IA | $12,335,736 | $1,490,752 |
Fraternal Order Of Police Louisville, KY | $1,151,770 | $745,209 |
Fraternal Order Of Police Lexington, KY | $1,534,009 | $721,952 |