Knights Of Columbus

Knights Of Columbus Overview

Knights Of Columbus is located in New Haven, CT. 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. As of 12/2018, Knights Of Columbus employed 3,447 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.

For the year ending 12/2018, Knights Of Columbus generated $2.4b in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.3b during the year ending 12/2018. While expenses have increased by 1.9% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

A CATHOLIC FRATERNAL ORGANIZATION DEDICATED TO PROMOTING AND CONDUCTING EDUCATIONAL, CHARITABLE, RELIGIOUS AND SOCIAL WELFARE WORKS, RENDERING MUTUAL AID ASSISTANCE TO SICK AND NEEDY MEMBERS AND THEIR FAMILIES, AND PROVIDING INSURANCE PRODUCTS AND ANNUITIES TO BENEFIT MEMBERS, WIVES AND CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAMS FOR THE PAYMENT OF IRC SEC. 501(C)(8) BENEFITS TO MEMBERS, WIVES AND THEIR DEPENDENTS. KNIGHTS OF COLUMBUS IS A CATHOLIC FAMILY FRATERNAL SERVICE ORGANIZATION WITH OVER 1.9 MILLION MEMBERS, FOUNDED IN 1882 FOR THE FOLLOWING PURPOSES: (A) RENDERING AID TO ITS MEMBERS, THEIR FAMILIES AND BENEFICIARIES OF MEMBERS AND THEIR FAMILIES; (B) RENDERING MUTUAL AID AND ASSISTANCE TO ITS SICK, DISABLED AND NEEDY MEMBERS AND THEIR FAMILIES; (C) PROMOTING SOCIAL WORK AMONG ITS MEMBERS AND THEIR FAMILIES; AND (D) PROMOTING AND CONDUCTING EDUCATIONAL, CHARITABLE, RELIGIOUS SOCIAL WELFARE, WAR RELIEF AND WELFARE AND PUBLIC RELIEF WORK.TO MORE EFFECTIVELY CARRY OUT ITS PURPOSES THE CORPORATION, A CONNECTICUT SPECIALLY CHARTERED CORPORATION WITHOUT CAPITAL STOCK, PROVIDES COVERAGE FOR LIFE INSURANCE, ACCIDENT AND HEALTH, LONG TERM CARE AND ANNUITY BENEFITS TO MEMBERS, WIVES, WIDOWS AND MINOR CHILDREN PRINCIPALLY IN THE UNITED STATES AND CANADA. THE TOTAL IRC SEC. 501(C)(8) BENEFITS ACCRUED TO MEMBERS OF $1,915,249,924 WERE INCURRED FOR THE PURPOSE FOR WHICH THE ORGANIZATION IS EXEMPT. IN 2018, 19,911 DEATH CLAIMS WERE INCURRED. THE AVERAGE SIZE OF A LIFE INSURANCE CERTIFICATE IS $61,020. THE AVERAGE AGE OF A CERTIFICATE HOLDER IS 49.


PROGRAMS FOR EXPENSES INCURRED NECESSARY IN THE KNIGHTS OF COLUMBUS INSURANCE AND FRATERNAL ENDEAVORS.


PROGRAMS OF ASSISTANCE TO OTHER SOCIAL ACTION, EDUCATIONAL, CHARITABLE, BENEVOLENT, MORAL AND RELIGIOUS ENDEAVORS.


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Knights Of Columbus Board, Officers & Key Employees

Name (title)Compensation
Scott A Flood
Director
$32,303
Arcie J Lim
Director
$11,115
Graydon A Nicholas
Director
$34,281
Anthony V Minopoli
Director/executive VP Investments
$696,320
Terry L Simonton
Director
$10,303
Michael L Wills
Director
$33,103
Vendor Name (Service)Compensation
Computer Sciences Corporation
It Services
$3,191,284
Nesco Resource
Staffing Services
$10,370,220
St Joseph Printing Ltd
Printing Services
$3,396,209
The Boston Company Asset Management
Investment Management Services
$1,610,565
Creative Group Inc
Event Planning Services
$1,674,805
View All Vendors

Financial Statements

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$1,337,580,400
Investment income $980,730,829
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $40,149,010
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,418,570,779

Knights Of Columbus Grants Awarded

Over the last fiscal year, Knights Of Columbus has awarded $28,517,392 in support to 78 organizations.

Grant RecipientAmount

JOHN PAUL II SHRINE AND INSTITUTE INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT FOR SAINT JOHN PAUL II NATIONAL SHRINE

$11,079,356

KNIGHTS OF COLUMBUS CHARITIES USA INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: DONATIONS TO VARIOUS DESIGNATED FUNDS

$2,748,164

JOHN PAUL II SHRINE AND INSTITUTE INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT FOR ACCREDITED EDUCATIONAL INSTITUTION

$2,223,801

UNITED STATES CONFERENCE OF CATHOLIC BISHOPS

Org PageRecipient Profile

Washington, DC

PURPOSE: SUPPORT PROGRAMS

$1,726,861

KNIGHTS OF COLUMBUS CHARITIES INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: DONATIONS TO VARIOUS DESIGNATED FUNDS

$1,510,000

THE KNIGHTS OF COLUMBUS MUSEUM INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT PROGRAM SERVICES AND BUILDING MAINTENANCE

$1,240,000
View Grant Profile

Knights Of Columbus Grants Recieved

Over the last fiscal year, we have identified 4 grants that Knights Of Columbus has recieved totaling $8,000.

Awarding OrganizationAmount
Angels Among Us Inc

Garden City, ID

PURPOSE: HUMANITARIAN

$5,000
R P Simmons Family Foundation

Sewickley, PA

PURPOSE: GENERAL CHARITABLE PURPOSE

$1,000
Kynect Foundation

Dallas, TX

PURPOSE: VARIETY OF PROJECTS

$1,000
Kynect Foundation

Dallas, TX

PURPOSE: VARIETY OF PROJECTS

$1,000
View Grant Recipient Profile

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