Benevolent & Protective Order Of Elks Of The Usa is located in Aspen, CO. The organization was established in 1951. 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. As of 03/2024, Benevolent & Protective Order Of Elks Of The USA employed 28 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 $973.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $822.3k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Benevolent & Protective Order Of Elks Of The USA has awarded 181 individual grants totaling $1,076,877. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHARITABLE ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS AND HOST COMMUNITY EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEMBERS WITH A PLACE TO MEET; PROVIDE COMMUNITY SERVICES, PROVIDES GRANTS AND SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barry Bromka Lodge Manager | Trustee | 40 | $93,871 |
Jack Albright Leading Knight | Trustee | 2 | $0 |
James Pratt Loyal Knight | Trustee | 2 | $0 |
Richard Walterscheid Lecturing Knight | Trustee | 2 | $0 |
John Baker Tiler | Trustee | 2 | $0 |
Kori Davidson Esquire | Trustee | 2 | $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 | $109,392 |
Investment income | $149,655 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $819,099 |
Net Gain/Loss on Asset Sales | $62,612 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$167,593 |
Miscellaneous Revenue | $0 |
Total Revenue | $973,165 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $107,250 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $56,991 |
Compensation of current officers, directors, key employees. | $120,781 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,665 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $500 |
Payroll taxes | $30,268 |
Fees for services: Management | $0 |
Fees for services: Legal | $160 |
Fees for services: Accounting | $25,123 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,410 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $54,011 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $112,517 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,142 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $68,688 |
Insurance | $7,520 |
All other expenses | $0 |
Total functional expenses | $822,255 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,608 |
Savings and temporary cash investments | $185,120 |
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 | $28,310 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,975,879 |
Investments—publicly traded securities | $3,281,627 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,789 |
Total assets | $6,477,333 |
Accounts payable and accrued expenses | $132,124 |
Grants payable | $35,182 |
Deferred revenue | $56,659 |
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 | $157,211 |
Total liabilities | $381,176 |
Net assets without donor restrictions | $6,096,157 |
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 | $6,477,333 |
Over the last fiscal year, Benevolent & Protective Order Of Elks Of The Usa has awarded $99,140 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
COLLEGE OF CHARLESTON PURPOSE: SCHOLARSHIPS | $5,220 |
COLORADO STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $12,660 |
DENISON UNIVERSITY PURPOSE: SCHOLARSHIPS | $6,220 |
EMORY UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,220 |
FROSTBURG STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,220 |
PACIFIC LUTHERAN UNIVERSITY PURPOSE: SCHOLARSHIPS | $6,220 |