Benevolent & Protective Order Of Elks Of The Usa is located in Beardstown, 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 03/2024, Benevolent & Protective Order Of Elks Of The USA employed 27 individuals. This organization is a subordinate organization within 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 03/2024, Benevolent & Protective Order Of Elks Of The USA generated $217.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $251.7k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
NET EARNINGS ARE DEVOTED EXCLUSIVELY TO CHARITABLE AND FRATERNAL SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Fanning Secretary | Officer | 10 | $5,000 |
Adam Bentley Exalted Ruler | Officer | 5 | $0 |
Mike Bentley Loyal Knight | Officer | 5 | $0 |
Randi Kirchner Treasurer | Officer | 5 | $0 |
Jake Lux Lecturing Knight | Officer | 5 | $0 |
David Dirksmeier Tiler | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $102,622 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,806 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $111,428 |
Total Program Service Revenue | $0 |
Investment income | $5,174 |
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 | $72,749 |
Net Income from Sales of Inventory | $15,555 |
Miscellaneous Revenue | $0 |
Total Revenue | $217,235 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $5,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $23,322 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,980 |
Fees for services: Management | $0 |
Fees for services: Legal | $60 |
Fees for services: Accounting | $6,530 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $24,681 |
Advertising and promotion | $225 |
Office expenses | $6,251 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $77,903 |
Travel | $4,470 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $64 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,057 |
Insurance | $10,486 |
All other expenses | $61,677 |
Total functional expenses | $251,706 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $113,032 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $450 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $12,134 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $459,208 |
Investments—publicly traded securities | $72,592 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $657,416 |
Accounts payable and accrued expenses | $14,331 |
Grants payable | $0 |
Deferred revenue | $65,872 |
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 | $80,203 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $577,213 |
Total liabilities and net assets/fund balances | $657,416 |