Benevolent & Protective Order Of Elks Of The Usa is located in Winstonsalem, NC. 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 19 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 $130.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $249.9k 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
TO INCULCATE THE PRINCIPALS OF CHARITY, JUSTICE, BROTHERLY LOVE, AND FIDELITY; TO RECOGNIZE A BELIEF IN GOD; TO PROMOTE THE WELFARE AND ENHANCE THE HAPPINESS OF ITS MEMBERS; TO QUICKEN THE SPIRIT OF AMERICAN PATRIOTISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randy Zigmund Trustee | Trustee | 1 | $0 |
Donald Hamby Chairman | OfficerTrustee | 1 | $0 |
Thurman Tomlinson Trustee | Trustee | 1 | $0 |
Arnold Vessey Trustee | Trustee | 1 | $0 |
Veneta Rosbach Treasurer | OfficerTrustee | 1 | $3,900 |
Jackie Perrone Secretary | OfficerTrustee | 1 | $3,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $65,022 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,637 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $66,659 |
Total Program Service Revenue | $0 |
Investment income | $13,483 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$13,639 |
Net Gain/Loss on Asset Sales | $7,785 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $11,030 |
Miscellaneous Revenue | $0 |
Total Revenue | $130,585 |
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. | $7,400 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,621 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,924 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,850 |
Office expenses | $5,410 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $45,770 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,219 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $63,322 |
Insurance | $1,162 |
All other expenses | $36,607 |
Total functional expenses | $249,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$689 |
Savings and temporary cash investments | $0 |
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 | $5,422 |
Prepaid expenses and deferred charges | $538 |
Net Land, buildings, and equipment | $1,416,986 |
Investments—publicly traded securities | $996,467 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,418,724 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $7,498 |
Total liabilities | $7,498 |
Net assets without donor restrictions | $2,411,226 |
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 | $2,418,724 |