Modern Woodmen Of America
- Assets
- $797.9k
- Revenue
- $137.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Wells, VT
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 23-7502109
Organization Overview
Modern Woodmen Of America is located in Wells, VT. The organization was established in 1972. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Modern Woodmen Of America 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 12/2021, Modern Woodmen Of America generated $137.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $221.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Modern Woodmen Of America has awarded 14 individual grants totaling $251,170. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY SERVICE. RAISE FUNDS TO BE DONATED TO LOCAL ORGANIZATIONS. ALSO PROVIDEMONTHLY ENTERTAINMENT AND OTHER GATHERINGS FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED SEVERAL LOCAL CIVIC ORGANIZATIONS AND NATIONAL RECOGNIZED CHARITIES.
PROVIDED 16 SCHOLARSHIPS
ASSIST MEMBERS THAT HAVE SUFFERED A HARDSHIP
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Fenton Vice President | Officer | 0 | $0 |
Tammy Holcomb Treasurer | Officer | 0 | $0 |
Andrea Rathbun President | Officer | 0 | $0 |
Daniel Whitney Inner Guard | Officer | 0 | $0 |
Geraldine Woodruff Escort | Officer | 0 | $0 |
Heather Brownell Outer Guard | Officer | 0 | $0 |
Financial Statements
| 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 | $295 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295 |
| Total Program Service Revenue | $20,250 |
| Investment income | $6,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,701 |
| Net Income from Fundraising Events | -$1,675 |
| Net Income from Gaming Activities | $103,889 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $137,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,061 |
| Grants and other assistance to domestic individuals. | $10,700 |
| 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 | $1,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $329 |
| Office expenses | $951 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,825 |
| Travel | $876 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,663 |
| Insurance | $10,069 |
| All other expenses | $0 |
| Total functional expenses | $221,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,111 |
| Savings and temporary cash investments | $7,216 |
| 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 | $530,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $214,891 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $797,869 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $47,287 |
| 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 | $47,287 |
| Net assets without donor restrictions | $45,112 |
| Net assets with donor restrictions | $705,470 |
| 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 | $797,869 |
Grants Awarded
Over the last fiscal year, Modern Woodmen Of America has awarded $27,131 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
North Granville, NY PURPOSE: VOLUNTEER FIRE DEPARTMENT | $9,780 |
RUPERT VOL FIRE CO PURPOSE: VOLUNTEER FIRE DEPARTMENT | $8,695 |
WELLS VOL FIRE CO PURPOSE: VOLUNTEER FIRE DEPARTMENT | $8,656 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steamfitters Industry Welfare Fund Board Of Trustees Long Island City, NY | $135,023,453 | $84,135,128 |
National Basketball Players Association New York, NY | $362,993,745 | $34,104,485 |
Teamsters Local 237 Administrative Fund New York, NY | $20,889,322 | $64,678,061 |
Massachusetts Teachers Association Quincy, MA | $104,765,133 | $64,981,415 |
Steamfitters Industry Security Benefit Fund Long Island City, NY | $326,665,741 | $52,241,912 |
Joint Industry Board Of The Electrical Industry Flushing, NY | $28,826,269 | $51,807,728 |
American Federation Of State County & Municipal Employees New York, NY | $77,027,109 | $53,363,394 |
New York State Nurses Association New York, NY | $106,360,017 | $53,864,397 |
United Brotherhood Of Carpenters & Joiners Of America Boston, MA | $146,178,722 | $53,186,412 |
Cement & Concrete Workers District Council Welfare Fund Flushing, NY | $115,712,146 | $34,540,506 |
Service Employees International Union Albany, NY | $31,308,144 | $40,993,536 |
Major League Baseball Players Assn New York, NY | $280,679,317 | $145,511,307 |