Benevolent & Protective Order Of Elks Of The Usa is located in Watervliet, NY. 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. As of 03/2024, Benevolent & Protective Order Of Elks Of The USA employed 18 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 $347.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $402.9k during the year ending 03/2024. While expenses have increased by 6.1% 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
BENEVOLENT, SOCIAL & ALTRUISTIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEVOLENT, SOCIAL & ALTRUISTIC
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Susan L Denue Treasurer | OfficerTrustee | 15 | $4,800 | 
| Marianne Gula Trustee | OfficerTrustee | 5 | $0 | 
| James Rubino Trustee | OfficerTrustee | 5 | $0 | 
| Tracy Dushane Lecturing Knight | OfficerTrustee | 5 | $0 | 
| James Mcgovern Loyal Knight | OfficerTrustee | 5 | $0 | 
| Francis Recchia Trustee | OfficerTrustee | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $85,153 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $5,705 | 
| All other contributions, gifts, grants, and similar amounts not included above | $941 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,799 | 
| Total Program Service Revenue | $0 | 
| Investment income | $33,109 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $18,037 | 
| Net Gain/Loss on Asset Sales | -$11,861 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $116,387 | 
| Net Income from Sales of Inventory | $83,230 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $347,177 | 
| 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 | $0 | 
| Compensation of current officers, directors, key employees. | $4,800 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $38,707 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $4,096 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $1,900 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $16,215 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $0 | 
| Office expenses | $6,231 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $51,387 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $5,856 | 
| Interest | $25 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $22,380 | 
| Insurance | $22,781 | 
| All other expenses | $33,250 | 
| Total functional expenses | $402,869 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,593 | 
| 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 | $0 | 
| Inventories for sale or use | $17,914 | 
| Prepaid expenses and deferred charges | -$4,115 | 
| Net Land, buildings, and equipment | $263,579 | 
| Investments—publicly traded securities | $1,251,543 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $1,816,514 | 
| Accounts payable and accrued expenses | $3,330 | 
| Grants payable | $0 | 
| Deferred revenue | $60,226 | 
| 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 | -$153 | 
| Total liabilities | $63,403 | 
| 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 | $1,753,111 | 
| Total liabilities and net assets/fund balances | $1,816,514 |