Teutopolis Knights Of Columbus
- Assets
- $1.1m
- Revenue
- $584.4k
- Investments
- $0.0
- Employees
- 25
- Location
- Teutopolis, IL
- Founding
- 01/1973
- Data as of
- 06/2023
- EIN
- 23-7227975
Organization Overview
Teutopolis Knights Of Columbus is located in Teutopolis, IL. The organization was established in 1973. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2023, Teutopolis Knights Of Columbus employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teutopolis Knights Of Columbus is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Teutopolis Knights Of Columbus generated $584.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $527.4k during the year ending 06/2023. While expenses have increased by 11.6% 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
. TO UNITE MEMBERS IN THE BONDS OF FRATERNITY, BENEVOLENCE AND CHARITY; TO OPERATE A FACILITY (FOR RENT)FOR SOCIAL AND RECREATIONAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Runde President | Officer | 10 | $0 |
Brett Schmidt Vice-President | Officer | 10 | $0 |
Russ Runde Secty/treasurer | Officer | 10 | $0 |
Kevin Schumaker Director | Officer | 5 | $0 |
Paul Hardiek Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,402 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,962 |
| Total Program Service Revenue | $0 |
| Investment income | $707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $131,448 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $408,008 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $584,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,665 |
| 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 | $203,497 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,675 |
| Advertising and promotion | $1,799 |
| Office expenses | $1,309 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,711 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,360 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,641 |
| Insurance | $32,042 |
| All other expenses | $13,942 |
| Total functional expenses | $527,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,886 |
| Savings and temporary cash investments | $88,285 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,377 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,569 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Land, buildings, and equipment | $965,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,130,754 |
| Accounts payable and accrued expenses | $16,442 |
| 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 | $333,569 |
| Unsecured mortgages and notes payable | $5,142 |
| Other liabilities | $0 |
| Total liabilities | $355,153 |
| 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 | $775,601 |
| Total liabilities and net assets/fund balances | $1,130,754 |