Ladies Oriental Shrine Of North America Inc
- Assets
- $636.7k
- Revenue
- $43.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 09/1940
- Data as of
- 03/2022
- EIN
- 31-0974622
Organization Overview
Ladies Oriental Shrine Of North America Inc is located in Chesapeake, VA. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal 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. Ladies Oriental Shrine Of North America Inc 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 03/2022, Ladies Oriental Shrine Of North America Inc generated $43.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $5.5k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (32.4%) per year over the past 8 years. 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
RAISING MONEY FOR THE SHRINER'S CHILDREN HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATE MONEY TO THE LOCAL SHRINER CENTER FOR THEIR TRANSPORTATION FUND. DONATE MONEY, TOYS, AND CLOTHES TO THE SHRINER'S HOSPITAL FOR CHILDREN. PARTICIPATE WITH NOBLES IN SUPPORTING THEIR FUNDRAISING ACTIVITIES. INVITE ELIGIBLE LADIES TO JOIN OUR ORGANIZATION TO ENJOY FRATERNAL RELATIONSHIPS.
HOST SPECIAL EVENTS TO PRODUCE REVENUE FOR DONATING TO SHRINER'S HOSPITAL FOR CHILDREN AND TO PRODUCE REVENUE FOR THE OPERATION AND MAINTENANCE OF OUR FACILITY MEETING PLACE. TO PRODUCE REVENUE TO PAY OUR PER CAPITA AND NEW MEMBER FEES TO OUR NATIONAL ORGANIZATION. SET DOLLARS ASIDE FOR ANNUAL EXPENSES THAT MAY COME UP WITH OWNERSHIP OF OUR FACILITY.
HOST SPECIAL EVENTS TO PRODUCE REVENUE FOR EXPENSES INCURRED TO ATTEND THE NATIONAL CONVENTION AND TO ATTEND REGIONAL ASSOCIATE MEETING. HOST ANNUAL CHRISTMAS PARTY FOR MEMBERS AND FAMILIES. HOST RECEPTION AT NATIONAL CONVENTION FOR MEMBERS AND GUEST. PROVIDE FLOWERS, GIFTS AND VISIT MEMBERS DURING THEIR TIME OF NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Anne King Trustee 2 Year | Trustee | 2 | $0 |
Michelle Martin Trustee 1 Year | Trustee | 2 | $0 |
Patricia Newbern Treasurer | Officer | 10 | $0 |
Lynda Williams High Priestess | Officer | 2 | $0 |
Bobbie Greybeck Princess | Officer | 4 | $0 |
Gina Westmoreland Associate Princess | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,745 |
| Investment income | $150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,939 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $300 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,500 |
| 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 | $3,736 |
| All other expenses | $0 |
| Total functional expenses | $5,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,063 |
| Savings and temporary cash investments | $101,540 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $636,665 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $547,706 |
| 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 | $88,959 |
| Total liabilities and net assets/fund balances | $636,665 |