Benevolent & Protective Order Of Elks Of The Usa
- Assets
- $4.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 59
- Location
- Iowa City, IA
- Founding
- 10/1951
- Data as of
- 03/2024
- EIN
- 42-0136070
Organization Overview
Benevolent & Protective Order Of Elks Of The Usa is located in Iowa City, IA. The organization was established in 1951. According to its NTEE Classification (S80) the organization is classified as: Community 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 59 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 $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $948.4k during the year ending 03/2024. While expenses have increased by 6.7% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND MAINTAIN LODGE, GOLF COURSE, AND RELATED FACILITIES FOR THE BENEFIT OF MEMBERS AND GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED GOLF COURSE, PRO-SHOP, AND RELATED EQUIPMENT FOR THE BENEFIT OF MEMBERS AND GUESTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Payne Former Gm | Officer | 40 | $48,752 |
Alicia Lepic Financial Accnt | Officer | 80 | $42,222 |
Peter Kessler General Manager | Officer | 40 | $30,425 |
Nathan Greazel Secretary | OfficerTrustee | 1 | $1,350 |
Wilfrid Nixon Formr Secretary | Officer | 1 | $450 |
Steve Stewart Treasurer | OfficerTrustee | 1 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $28,160 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $507,167 |
| Noncash contributions included in lines 1a–1f | $52,267 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $535,327 |
| Total Program Service Revenue | $649,299 |
| Investment income | $7,446 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,122 |
| Net Gain/Loss on Asset Sales | -$5,242 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $166,501 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,386,019 |
| 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. | $123,246 |
| Compensation of current officers, directors, key employees. | $123,246 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $299,403 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,342 |
| Payroll taxes | $73,253 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $712 |
| Office expenses | $2,430 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,362 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,411 |
| Interest | $0 |
| Payments to affiliates | $25,775 |
| Depreciation, depletion, and amortization | $25,508 |
| Insurance | $26,463 |
| All other expenses | $151,332 |
| Total functional expenses | $948,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,405 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,149 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,104 |
| Prepaid expenses and deferred charges | $15,616 |
| Net Land, buildings, and equipment | $707,312 |
| Investments—publicly traded securities | $217,668 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,910,024 |
| Total assets | $4,196,278 |
| Accounts payable and accrued expenses | $32,805 |
| Grants payable | $0 |
| Deferred revenue | $335,716 |
| 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 | $1,255,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,623,521 |
| Net assets without donor restrictions | $2,572,757 |
| 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 | $4,196,278 |