Benevolent & Protective Order Of Elks Of The Usa is located in Florence, KY. The organization was established in 1951. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. 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 $509.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $286.8k during the year ending 03/2024. While expenses have increased by 7.0% per year over the past 9 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
HOLD FUNCTIONS TO RAISE MONEY FOR COMMUNITY ACTIVITIES AND TO MAINTAIN THE FACILITY FOR OUR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLORENCE ELKS LODGE 314, HOLD FUNCTIONS TO RAISE MONEY FOR COMMUNITY ACTIVITIES AND MAINTAIN THE FACILITY FOR OUR MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peggy Hansen Champlin | Trustee | 2 | $0 |
Tony Mason 1st VP | Trustee | 2 | $0 |
Don Bauer Trustee | Trustee | 2 | $0 |
Burt Hanlin Jr Trustee | Trustee | 2 | $0 |
Mary Kay Ohara Treasurer | Officer | 4 | $0 |
Jerry Long President | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $18,548 |
Fundraising events | $7,797 |
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 | $26,345 |
Total Program Service Revenue | $43,217 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $71,386 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $370,591 |
Net Income from Sales of Inventory | -$2,545 |
Miscellaneous Revenue | $0 |
Total Revenue | $509,205 |
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 | $5,704 |
Compensation of current officers, directors, key employees. | $25,964 |
Compensation of current officers, directors, key employees. | $25,964 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,146 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $19,768 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $34,379 |
Travel | $6,130 |
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 | $5,817 |
All other expenses | $12,167 |
Total functional expenses | $286,832 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $567,432 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,231 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,536 |
Inventories for sale or use | $11,219 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $402,516 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $990,934 |
Accounts payable and accrued expenses | $3,987 |
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 | $236,486 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $37,958 |
Total liabilities | $278,431 |
Net assets without donor restrictions | $0 |
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 | $712,503 |
Total liabilities and net assets/fund balances | $990,934 |