Independent Order Of Odd Fellows is located in Corvallis, OR. The organization was established in 1962. 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. Independent Order Of Odd Fellows 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 12/2023, Independent Order Of Odd Fellows generated $137.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $95.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ORDER & NEEDY ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DIRECT DISTRESS RELIEF BY DONATIONS OF LABOR AND FUNDS TO MEMBERSHIP AND COMMUNITY AND INDIRECT DISTRESS RELIEF BY DONATIONS TO ORGANIZATIONS.
TO OPERATE AND MAINTAIN A HISTORIC CEMETERY LOCATED AT 4343 WITHIM HILL DRIVE, CORVALLIS OR, THROUGH DAUGTHER CORPORATION, THE ODD FELLOWS CEMETERY ASSOCIATION OF CORVALLIS.
MAINTAIN, OPERATE, AND MAKE AVAILABLE LOW COST - VENUES FOR CLASSES AND COMMUNITY EVENTS VIA SOUTH HALL AND NORTH HALL. ALL NET PROCEEDS ARE DONATED AS GRANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bonnie Tomski Finance Secretary | OfficerTrustee | 1 | $0 |
David Deland Trustee | Trustee | 1 | $0 |
Charles Carmichael Noble Grand | OfficerTrustee | 1 | $0 |
Dan Lykins Trustee | Trustee | 1 | $0 |
Merna Deland Trustee | Trustee | 1 | $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 | $2,539 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,539 |
Total Program Service Revenue | $25,505 |
Investment income | $4,477 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $104,690 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $137,211 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $21,559 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $21,213 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,487 |
Payroll taxes | $7,240 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,220 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $726 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $5,471 |
Royalties | $0 |
Occupancy | $4,859 |
Travel | $0 |
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 | $6,738 |
Insurance | $1,179 |
All other expenses | $0 |
Total functional expenses | $95,634 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $469,834 |
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 | $5,825 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $111,746 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $587,405 |
Accounts payable and accrued expenses | $4,653 |
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 | $1,821 |
Total liabilities | $6,474 |
Net assets without donor restrictions | $580,931 |
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 | $587,405 |