Royal & Select Masters Of Kentucky Grand Council
- Assets
- $206.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stanford, KY
- Founding
- 08/1940
- Data as of
- 06/2021
- EIN
- 61-0326335
Organization Overview
Royal & Select Masters Of Kentucky Grand Council is located in Stanford, KY. 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 parent organization of an affiliated group for tax-exemption purposes. Royal & Select Masters Of Kentucky Grand Council 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 06/2021, Royal & Select Masters Of Kentucky Grand Council generated $55.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $41.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James King Grand Recorder/secretary | 15 | $2,800 | |
Mike Mcqueary Grand Master | 15 | $0 | |
Larry Carte Deputy Grand Master | 15 | $0 | |
Eric Creech Grand Principal Conductor | 15 | $0 | |
Bernie Kieta Grand Captain Of The Guard | 15 | $0 | |
Robert Standford Grand Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,500 |
| Membership dues | $44,937 |
| Investment income | $5,812 |
| Gain or Loss | $3,911 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,497 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,404 |
| Professional fees and other payments to independent contractors | $6,250 |
| Occupancy, rent, utilities, and maintenance | $8,230 |
| Printing, publications, postage, and shipping | $1,916 |
| Other expenses | $13,522 |
| Total expenses | $41,322 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,001 |
| Other assets | $0 |
| Total assets | $206,001 |
| Total liabilities | $0 |
| Net assets or fund balances | $206,001 |
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