Knights Of Columbus is located in Lincoln, NE. 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 06/2023, Knights Of Columbus generated $390.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $574.0k during the year ending 06/2023. 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
EXEMPLIFICATION OF CHARITY, UNITY, PATRIOTISM, AND RELIGIOUS VOCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL SERVICES FOR MALE MEMBERSHIP.
SERVICE TO FAMILIES AND COMMUNITIES WITH SPECIAL ATTENTION TO THOSE WHO ARE SUFFERING HARDSHIPS.
SUPPORT OF VOCATIONS TO THE RELIGIOUS LIFE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Wolf State Deputy | OfficerTrustee | 1 | $0 |
Matt Richardson Past State D | OfficerTrustee | 1 | $0 |
Mike Schaeffer Secretary | OfficerTrustee | 1 | $0 |
Don Hypse Treasurer | OfficerTrustee | 1 | $0 |
FR John Rooney Director | Trustee | 1 | $0 |
James Korth Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $182,349 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $33,760 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $216,109 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $41,281 |
Net Income from Gaming Activities | $132,272 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $390,446 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $276,319 |
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 | $4,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,636 |
Office expenses | $5,319 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $22,057 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $146,233 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $873 |
All other expenses | $6,192 |
Total functional expenses | $574,048 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $282,226 |
Savings and temporary cash investments | $0 |
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 | $132,840 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $415,066 |
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 | $282,226 |
Net assets with donor restrictions | $132,840 |
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 | $0 |
Total liabilities and net assets/fund balances | $415,066 |
Over the last fiscal year, Knights Of Columbus has awarded $120,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
THE INSTITUTE FOR PRIESTLYFORMATION FOUNDATION PURPOSE: OPERATING SUPPORT | $15,000 |
ARCHDIOCESE OF OMAHA PURPOSE: OPERATING SUPPORT | $20,000 |
DIOCESE OF LINCOLN PURPOSE: OPERATING SUPPORT | $65,000 |
DIOCESE OF GRAND ISLAND PURPOSE: OPERATING SUPPORT | $20,000 |