Knights Of Columbus is located in Ocean City, MD. 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. 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 undefined, Knights Of Columbus generated $70.3k 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 (8.5%) each year. All expenses for the organization totaled $60.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS IN THE COMMUNITYLESS CONTRIBUTIONS TO RELATED ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wayne Straight President | 10 | $0 | |
Joe Gangi Vice President | 10 | $0 | |
Tom Herwig Financial Secretary | 10 | $0 | |
Joseph Carraro Treasurer | 2 | $0 | |
Don Kyle Secretary Recording | 2 | $0 | |
Bruce Koons Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,636 |
Total Program Service Revenue | $0 |
Membership dues | $8,810 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $41,253 |
Other Revenue | $23 |
Total Revenue | $70,309 |
Statement of Expenses | |
---|---|
Total expenses | $60,910 |
Balance Sheet | |
---|---|
Total assets | $79,624 |
Total liabilities | $1,246 |
Net assets or fund balances | $78,378 |