Fraternal Order Of Eagles is located in Morristown, NJ. The organization was established in 1991. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 05/2024, Fraternal Order Of Eagles employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fraternal Order Of Eagles 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 05/2024, Fraternal Order Of Eagles generated $166.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $142.5k during the year ending 05/2024. While expenses have increased by 13.4% 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
TO INSTILL FAMILY VALUES AMONGST ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNITE ITS MEMBERS AND THEIR FAMILIES PROMOTING THE VALUES OF PEACE, PROSPERITY, GLADNESS & HOPE. THROUGH ACTIVITES AND FUNDRAISERS, MONEY IS RAISED FOR THE LOCAL COMMUNITY & CHARITIES AND GIVEN BACK IN THE FORM OF DONATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glenn Gillen Secretary | Officer | 2 | $3,940 |
Jay Guzzi President | Officer | 2 | $0 |
Roy Pascal Trustee | Trustee | 2 | $0 |
Michael Kaup Trustee | Trustee | 2 | $0 |
Derrick Thomas Trustee | Trustee | 2 | $5,886 |
James Mclaughlin Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $28,530 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $11,302 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,832 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $40,725 |
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 | $78,998 |
Miscellaneous Revenue | $0 |
Total Revenue | $166,019 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $21,294 |
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. | $9,826 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,258 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,387 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $34,108 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $300 |
Interest | $1,530 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,377 |
Insurance | $18,913 |
All other expenses | $32,485 |
Total functional expenses | $142,478 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $76,466 |
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 | $10,351 |
Prepaid expenses and deferred charges | $150 |
Net Land, buildings, and equipment | $205,043 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $292,010 |
Accounts payable and accrued expenses | $0 |
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 | $15,604 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,000 |
Total liabilities | $21,604 |
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 | $270,406 |
Total liabilities and net assets/fund balances | $292,010 |