Benevolent & Protective Order Of Elks Of The Usa, operating under the name Lake Of The Ozarks Lodge No 2517 Inc, is located in Osage Beach, MO. The organization was established in 1942. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 03/2024, Lake Of The Ozarks Lodge No 2517 Inc employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lake Of The Ozarks Lodge No 2517 Inc 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, Lake Of The Ozarks Lodge No 2517 Inc generated $252.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $274.1k during the year ending 03/2024. 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
USE THE PRINCIPLES OF CHARITY, JUSTICE, BROTHERLY LOVE, AND FIDELITY TO IMPROVE THE WELFARE OF VETERANS, CHILDREN AND THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR COLLEGE,YOUTH AND COMMUNITY PROGRAMS SCHOLARSHIPS ARE AWARDED TO STUDENTS MAINTAINING A CERTAIN GRADE POINT AVERAGE, AND ARE VERIFIED PRIOR TO ISSUING AWARD BY THE SCHOLARSHIP COMMITTEE. OTHER COMMUNITY PROGRAMS WHICH BENEFIT INCLUDE DRUG AWARENESS, AMERICANISM, HOOP SHOOT,SENIOR GRADUATION PROJECTS, CHILD ADVOCACY, DOMESTIC ABUSE CENTERS AND FIRE PREVENTION PROJECTS.
THIS ORGANIZATION SUPPORTS MANY PROGRAMS FOR THE NEEDY & ILL, INCLUDING FAMILIES WITHIN THE COMMUNITY THAT WOULD NOT OTHERWISE HAVE THE BENEFIT OF CHRISTMAS GIFTS AND TOYS. ALSO SERVED ARE LOCAL NURSING HOMES AND VETERAN HOSPITAL PATIENTS.
THIS ORGANIZATION SUPPORTS OTHER EXEMPT ORGANIZATION SUCH AS THE ELKS NATIONAL FOUNDATION AND MISSOURI ELKS BENEVOLENT TRUST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Calvert Trustee | Trustee | 25 | $0 |
Mike Hammerstone Trustee | Trustee | 20 | $0 |
Bob Chester Trustee | Trustee | 20 | $0 |
Steve Erickson Trustee | Trustee | 20 | $0 |
Robert Bickle Trustee | Trustee | 20 | $0 |
Steve Schmidt Exalted Ruler | Officer | 20 | $0 |
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 | $92,688 |
Investment income | $5,041 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $17,428 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$23,369 |
Net Income from Gaming Activities | $28,040 |
Net Income from Sales of Inventory | $132,593 |
Miscellaneous Revenue | $0 |
Total Revenue | $252,421 |
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. | $10,542 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $60,093 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,432 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $17,405 |
Advertising and promotion | $0 |
Office expenses | $12,351 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $54,723 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,717 |
Interest | $17,142 |
Payments to affiliates | $27,307 |
Depreciation, depletion, and amortization | $26,887 |
Insurance | $14,002 |
All other expenses | $18,922 |
Total functional expenses | $274,098 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $372,158 |
Savings and temporary cash investments | $90,568 |
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 | $15,753 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $559,156 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,037,635 |
Accounts payable and accrued expenses | $1,968 |
Grants payable | $0 |
Deferred revenue | $56,029 |
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 | $301,571 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $359,568 |
Net assets without donor restrictions | $678,067 |
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 | $1,037,635 |