Benevolent & Protective Order Of Elks Of The Usa
- Assets
- $112.7m
- Revenue
- $35.9m
- Investments
- $6.6m
- Employees
- 61
- Location
- Chicago, IL
- Founding
- 10/1951
- Data as of
- 05/2022
- EIN
- 36-0793011
Organization Overview
Benevolent & Protective Order Of Elks Of The Usa is located in Chicago, IL. The organization was established in 1951. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Benevolent & Protective Order Of Elks Of The USA employed 61 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Benevolent & Protective Order Of Elks Of The USA 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 05/2022, Benevolent & Protective Order Of Elks Of The USA generated $35.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $33.8m during the year ending 05/2022. While expenses have increased by 4.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ORGANIZATION THAT COORDINATES VARIOUS PROGRAMS FOR STATE ASSOCIATIONS AND SUBORDINATE LODGES OF THE ORDER OF ELKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES PROPERTY, CRIME, AND BOILER AND MACHINERY LOSS PROTECTION COVERAGE FOR THE ORGANIZATION, AFFILIATED ORGANIZATIONS, STATE ASSOCIATIONS AND APPROXIMATELY 2,000 LODGES CONSISTING OF APPROXIMATELY 800,000 MEMBERS. THE PROGRAM IS FUNDED THROUGH ASSESSMENT TO THE COVERED ORGANIZATION. COSTS IN EXCESS OF THE ASSESSMENTS IS BORNE BY THE ORGANIZATION AND REIMBURSED THROUGH FUTURE ASSESSMENTS.
THE ORGANIZATION PURCHASES EXCESS GENERAL LIABILITY INSURANCE COVERAGE FOR ORGANIZATION, AFFILIATED ORGANIZATIONS, STATE ASSOCIATIONS AND APPROXIMATELY 2,000 LODGES CONSISTING OF APPROXIMATELY 800,000 MEMBERS. THE GENERAL LIABILITY PROGRAM, INCLUDING PREMIUM COSTS FOR THE STOP LOSS AND COVERAGE POLICIES, IS FUNDED THROUGH MEMBERSHIP DUES AND ASSESSMENTS.
THE ORGANIZATION PUBLISHES THE ELKS MAGAZINE. THE MAGAZINE, WHICH IS PRODUCED TEN TIMES ANNUALLY, IS CIRCULATED TO THE MEMBERS OF THE ORDER TO PROMOTE AND REPORT ON THE ACTIVITIES OF THE ORGANIZATION.
OTHER PROGRAMS INCLUDING THE ANNUAL CONVENTION ATTENDED BY MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Klatt General Secretary/coo | OfficerTrustee | 40 | $193,888 |
Spencer Moore Director | 40 | $130,028 | |
Johnetta Tyler Controller | 40 | $123,516 | |
Fredrick Mensch Director | 40 | $112,239 | |
Phil Claiborne Director | 40 | $107,764 | |
T Keith Mills Grand Exalted Ruler | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quad Graphics Inc Printing | 5/30/22 | $1,441,195 |
Rkon Incorporated Consulting It Services | 5/30/22 | $403,154 |
Stellar Graphics Inc Printing | 5/30/22 | $349,763 |
Adaptive Insights Workday Inc Consulting It Services | 5/30/22 | $271,240 |
Freeman Audio Visual Event Management | 5/30/22 | $507,352 |
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 | $28,290,378 |
| Investment income | $1,631,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $185,726 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,802,138 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $183,130 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,919,153 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $161,780 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $10,571,460 |
| Compensation of current officers, directors, key employees. | $211,134 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,616,595 |
| Pension plan accruals and contributions | $78,227 |
| Other employee benefits | $166,724 |
| Payroll taxes | $137,196 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $159,882 |
| Fees for services: Accounting | $42,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $359,946 |
| Fees for services: Other | $557,949 |
| Advertising and promotion | $15,432 |
| Office expenses | $263,847 |
| Information technology | $32,794 |
| Royalties | $0 |
| Occupancy | $313,426 |
| Travel | $1,624,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $643,978 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,754 |
| Insurance | $0 |
| All other expenses | $1,078,564 |
| Total functional expenses | $33,785,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,042,740 |
| Savings and temporary cash investments | $194,597 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,714,355 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $282,277 |
| Prepaid expenses and deferred charges | $10,408,219 |
| Net Land, buildings, and equipment | $1,329,039 |
| Investments—publicly traded securities | $75,911,821 |
| Investments—other securities | $6,623,236 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $220,364 |
| Total assets | $112,726,648 |
| Accounts payable and accrued expenses | $1,166,435 |
| Grants payable | $0 |
| Deferred revenue | $21,877,601 |
| 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 | $18,530,512 |
| Total liabilities | $41,574,548 |
| Net assets without donor restrictions | $71,152,100 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $112,726,648 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Benevolent & Protective Order Of Elks Of The Usa has recieved totaling $5,300.
| Awarding Organization | Amount |
|---|---|
Muskegon County Community Foundation Muskegon, MI PURPOSE: ANNUAL DISTRIBUTION OF CHRISTMAS BASKETS | $5,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benevolent & Protective Order Of Elks Of The Usa Chicago, IL | $112,726,648 | $35,919,153 |
Scottish Rite Of Indianapolis Foundation Inc Indianapolis, IN | $0 | $534,028 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY | $20,472,188 | $3,774,310 |
Rotary Club Of Eagle Grove Home Inc Eagle Grove, IA | $8,126,416 | $3,393,944 |
Wisconsin Lions Foundation Inc Rosholt, WI | $5,796,659 | $2,674,494 |
Grand Lodge Free And Accepted Masons Of Wisconsin Dousman, WI | $20,615,533 | $1,512,564 |
Free & Accepted Masons Of Wisconsin Dousman, WI | $19,517,014 | $1,769,525 |
Masonic Service Association Education Department Cedar Rapids, IA | $2,075,599 | $697,011 |
Benevolent & Protective Order Of Elks Of The Usa Milwaukee, WI | $891,249 | $448,416 |
Abu Bekr Shriners Sioux City, IA | $1,579,457 | $332,613 |
Independent Order Of Odd Fellows Fenton, MO | $6,548,958 | $593,158 |
Benevolent & Protective Order Of Elks Of The Usa Mount Carmel, IL | $517,780 | $164,574 |