Knights Of Columbus is located in Ottumwa, IA. 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 12/2022, 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 12/2022, Knights Of Columbus generated $27.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $36.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL ACTIVITIES
DONATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Travis Henderson Secretary | OfficerTrustee | 4 | $1,200 |
Michael Heffernan Treasurer | OfficerTrustee | 4 | $720 |
Ed Wilson Grand Knight | OfficerTrustee | 0 | $0 |
Sean Cutsforth Trustee | Trustee | $0 | |
Steve Rohach Trustee | Trustee | $0 | |
Greg Bartow Trustee | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,720 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,297 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,017 |
Total Program Service Revenue | $0 |
Investment income | $84 |
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 | $7,702 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $27,803 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24,362 |
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. | $1,920 |
Compensation of current officers, directors, key employees. | $1,920 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $158 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $332 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $313 |
Advertising and promotion | $0 |
Office expenses | $2,621 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $36,612 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,477 |
Savings and temporary cash investments | $37,817 |
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 | $35,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $80,294 |
Accounts payable and accrued expenses | $793 |
Grants payable | $0 |
Deferred revenue | $1,600 |
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 | $2,393 |
Net assets without donor restrictions | $77,771 |
Net assets with donor restrictions | $130 |
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 | $80,294 |
Over the last fiscal year, Knights Of Columbus has awarded $14,515 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
VARIOUS | | | $9,348 |
Sigourney, IA | | $5,167 |
Organization Name | Assets | Revenue |
---|---|---|
Fraternal Order Of Police Springfield, IL | $4,655,604 | $3,378,410 |
Fraternal Order Of Eagles Rochester, MN | $2,643,066 | $1,746,763 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Grand Lodge Af & Am Of Mo Columbia, MO | $32,765,644 | $3,925,991 |
Fraternal Order Of Police Springfield, IL | $2,221,177 | $1,282,893 |
Fraternal Order Of Police Kansas City, MO | $1,876,006 | $1,253,376 |
Independent Order Of Odd Fellows Des Moines, IA | $12,335,736 | $1,490,752 |
Knights Of Columbus Kankakee, IL | $569,904 | $414,962 |
Fraternal Order Of Police Eastern Missouri Coalition Of Police Saint Charles, MO | $726,404 | $706,475 |
National Shrine Of Saint Frances Xavier Cabrini Inc Chicago, IL | $2,713,007 | $776,754 |
Fraternal Order Of Police Jefferson City, MO | $445,289 | $364,642 |
Knights Of Columbus Sikeston, MO | $2,291,619 | $779,444 |