Independent Order Of Odd Fellows
- Assets
- $27.3m
- Revenue
- $960.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Lincoln, IL
- Founding
- 05/1962
- Data as of
- 06/2021
- EIN
- 37-0346370
Organization Overview
Independent Order Of Odd Fellows is located in Lincoln, IL. The organization was established in 1962. 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 06/2021, Independent Order Of Odd Fellows employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Independent Order Of Odd Fellows 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 06/2021, Independent Order Of Odd Fellows generated $960.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $638.2k during the year ending 06/2021. While expenses have increased by 13.2% per year over the past 6 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.
Since 2015, Independent Order Of Odd Fellows has awarded 12 individual grants totaling $338,263. 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
ADMINISTRATION OF ALL ILLINOIS OPERATIONS OF THE FRATERNAL ORDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SERVICES FOR ALL ILLINOIS ODD FELLOW PROJECTS, INCLUDING HOUSING FOR THE ELDERLY AND YOUTHS, NURSING CARE, AND THE COLLECTION AND DISTRIBUTION OF FUNDS FOR THE MEMBERS, MEMBER LODGES, AND THE INTERNATIONAL ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerald T Sarnes Grand Secretary | OfficerTrustee | 30 | $24,000 |
Jim Turner Grand Represent | OfficerTrustee | 3 | $0 |
Steve Pigg Gr. Warden | OfficerTrustee | 5 | $0 |
Arlan Miller Grand Treasurer | OfficerTrustee | 5 | $0 |
Jim Bott Past Gr Master | OfficerTrustee | 12 | $0 |
Matt Yingling Dep .gr Master | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,523 |
| Fundraising events | $0 |
| Related organizations | $32,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,028 |
| Total Program Service Revenue | $0 |
| Investment income | $803,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,737 |
| 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 | $1,024 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $960,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $267,528 |
| Grants and other assistance to domestic individuals. | $21,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,196 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,610 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,812 |
| Office expenses | $15,989 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,600 |
| Travel | $29,831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $873 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $654 |
| All other expenses | $0 |
| Total functional expenses | $638,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,525 |
| Savings and temporary cash investments | $17,774,346 |
| 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 | $420,119 |
| Inventories for sale or use | $5,018 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,819,161 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,349,169 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $13,200,385 |
| Net assets with donor restrictions | $14,148,784 |
| 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 | $27,349,169 |
Grants Awarded
Over the last fiscal year, Independent Order Of Odd Fellows has awarded $265,186 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ODD FELLOW CHILDRENS HOME PURPOSE: Building Improvements | $248,600 |
VISUAL RESEARCH FUND PURPOSE: Visual Research | $9,834 |
DARE DRUG EDUCATION PURPOSE: Child Drug Abuse Education | $6,752 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Independent Order Of Odd Fellows has recieved totaling $6,882.
| Awarding Organization | Amount |
|---|---|
Grand Lodge Of North Dakota Of The Independent Order Of Odd Fellows Devils Lake, ND PURPOSE: Per capita Dues | $6,882 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Everence Association Inc Goshen, IN | $407,395,698 | $69,175,767 |
Polish Roman Catholic Union Of America Chicago, IL | $239,198,774 | $70,353,750 |
Western Fraternal Life Association Madison, WI | $648,970,346 | $59,441,063 |
Moose International Inc Mooseheart, IL | $248,875,927 | $60,547,515 |
Police And Firemens Insurance Association Carmel, IN | $255,522,812 | $49,657,782 |
Polish National Alliance Of The United States Of Na Chicago, IL | $443,323,344 | $41,988,128 |
National Mutual Benefit Madison, WI | $0 | $36,708,977 |
Catholic Holy Family Society Belleville, IL | $181,583,154 | $35,335,313 |
Csa Fraternal Life Lombard, IL | $138,191,807 | $24,229,439 |
Kone Inc Moline, IL | $0 | $17,815,569 |
National Catholic Society Of Foresters Schaumburg, IL | $168,779,448 | $18,624,381 |
Western Catholic Union Quincy, IL | $196,139,579 | $14,717,772 |