Ladies Of Co Inc Catholic

Organization Overview

Ladies Of Co Inc Catholic is located in Gahanna, OH. The organization was established in 1942. 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 12/2021, Ladies Of Co Inc Catholic employed 4 individuals. This organization is the central organization for a national or regional group of organizations. Ladies Of Co Inc Catholic 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, Ladies Of Co Inc Catholic generated $17.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $17.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A FRATERNAL BENEFIT SOCIETY MEETING THE NEEDS OF INDIVIDUALS BY PROVIDING SECURE FINANCIAL PRODUCTS, FELLOWSHIP AND SERVICE TO OTHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRATERNAL LIFE INSURANCE SOLD TO MEMBERS, DONATIONS TO CHARITIES, PROMOTION OF EDUCATION THROUGH SCHOLARSHIPS, AND SERVICE TO APPROXIMATELY 10,000 TOTAL MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Loni A Perkins
Chief Operating Officer
$75,597
Fairy Wagner
President
$38,958
Alice Teynor
Vice President
$15,795
Irene Borror
Secretary
$7,095
Lydia Rall
Director
$4,014
Theresa Brodman
Director
$4,014

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allen Baily & Associates
Actuarial
$151,858
Parkway Advisors Lp
Asset Manager
$277,688
The Union Banking Co
Insurance Sales
$201,027
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$12,191,383
Investment income $5,349,079
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $206,810
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,769,502

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