Knights Of Columbus

Organization Overview

Knights Of Columbus is located in Lincoln Park, MI. The organization was established in 1940. 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, Knights Of Columbus employed 13 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 12/2021, Knights Of Columbus generated $249.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $164.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 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

ALL REVENUE FROM CLUB LOUNGE, 50/50 ACTIVITIES, SPECIAL EVENTS ACTIVITIES AND MISCELLANEOUS CLUB FUNCTIONS ARE USED TO CARRY ON THE WORKS OF THE KNIGHTS OF COLUMBUS. FUNDS ON HAND ARE USED FOR BUILDING CAPITAL, IMPROVEMENTS AND LAND AQUISITION FOR GENERAL USE OF THE MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO BENEFIT THE MEMBERS OF THE ORGANIZATION.


CHARITABLE EVENTS FOR THE MEMBERS AND COMMUNITY.


DUES COLLECTED FROM MEMBERS.


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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$32,230
Investment income $5,877
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 $39,587
Net Income from Sales of Inventory $98,828
Miscellaneous Revenue$0
Total Revenue $249,323

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