Knights Of Columbus
- Assets
- $3.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Sterling Heights, MI
- Founding
- 10/1940
- Data as of
- 06/2021
- EIN
- 38-1584733
Organization Overview
Knights Of Columbus is located in Sterling Heights, MI. The organization was established in 1940. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2021, Knights Of Columbus employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Knights Of Columbus 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, Knights Of Columbus generated $2.3m 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 (3.4%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Knights Of Columbus has awarded 34 individual grants totaling $11,279,984. 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
STATE OFFICE OF FRATERNAL ORDER THAT OVERSEES THE SUBORDINATE COUNCILS AND ASSEMBLIES OF THE MICHIGAN JURISDICTION. THE COUNCIL RECEIVES DUES AND ASSESSMENTS FROM THE MEMBER COUNCILS FOR OPERATIONS. STATEWIDE MEMBER FUNDRAISING ACTIVITIES ARE COORDINATED TO RAISE FUNDS FOR VARIOUS CHARITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES
YOUTH ACTIVITIES INCLUDING SPONSORED CITY OF DETROIT CATHOLIC HIGH SCHOOL FOOTBALL CHAMPIONSHIP PLAYOFFS AND TRACK MEET CHAMPIONSHIPS.
HOLD VARIOUS MEETINGS THROUGHOUT THE YEAR WITH SUBORDINATE COUNCIL LEADERS TO GUIDE THEM IN CARRYING OUT SUPREME AND STATE COUNCIL PROGRAMS OF COMMUNITY SERVICE, CHARITY, AND PROMOTION OF FRATERNALISM.
CHARITABLE GIFTS/GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter K Winkle Jr State Deputy | OfficerTrustee | $0 | |
Chris Kolomjec State Secret | OfficerTrustee | $0 | |
Barry M Borsenik State Treasu | OfficerTrustee | $0 | |
Charles E Mccuen State Advoca | OfficerTrustee | $0 | |
James N Kraus State Warden | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $330,110 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,102,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,432,350 |
| Total Program Service Revenue | $588,158 |
| Investment income | $80,980 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,936 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $184,563 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,273,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,508,270 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,554 |
| 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 | $44,304 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $56,808 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,593 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,921 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$29,582 |
| Total functional expenses | $1,940,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,123,209 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,949,403 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,072,612 |
| 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 | $3,072,612 |
| 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 | $3,072,612 |
Grants Awarded
Over the last fiscal year, Knights Of Columbus has awarded $1,508,270 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MENTALLY IMPAIRED CHARITABLE ORGANI | | | $1,065,536 |
MICHIGAN CATHOLIC CHARITIES AND PRO | | | $174,269 |
BOYSVILLE YOUTH HOMES | | | $121,500 |
SACRED HEART SEMINARY | | | $119,170 |
COATS FOR KIDS | | | $27,795 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Knights Of Columbus has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Knights Of Columbus Charities Inc New Haven, CT PURPOSE: DONATION FOR DISASTER RELIEF | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knights Of Columbus Sterling Heights, MI | $3,072,612 | $2,273,115 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Knights Of Columbus Perrysburg, OH | $808,575 | $1,537,138 |
Fraternal Order Of Police Indianapolis, IN | $2,947,250 | $1,361,555 |
Knights Of Columbus Vincennes, IN | $519,421 | $1,320,195 |
Knights Of Columbus Muncie, IN | $2,260,744 | $836,974 |
Michigan Fraternal Order Of Police Labor Council Madison Heights, MI | $489,570 | $852,413 |
Fraternal Order Of Eagles Chagrin Falls, OH | $576,840 | $914,060 |
Independent Order Of Odd Fellows Indianapolis, IN | $4,202,872 | $398,036 |
Fraternal Order Of Police Indianapolis, IN | $2,056,132 | $736,087 |
Knights Of Columbus Munster, IN | $499,910 | $771,091 |
Fraternal Order Of Police Jeffersonville, IN | $525,635 | $714,502 |