Knights Fraternal Corporation Of Bloomington

Organization Overview

Knights Fraternal Corporation Of Bloomington is located in Bloomington, MN. The organization was established in 2001. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Knights Fraternal Corporation Of Bloomington employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knights Fraternal Corporation Of Bloomington 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 12/2021, Knights Fraternal Corporation Of Bloomington generated $931.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $588.7k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EACH CUSTOMER WITH THE BEST SERVICE AND CONGENIALITY POSSIBLE TO ENSURE CUSTOMER SATISFACTION AND APPRECIATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITABLE GAMING


RESTAURANT AND BAR OPERATIONS FOR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Ned O'doherty
President
$0
Yeztli Hueta
Vice President
$0
Jim Scheib
Treasurer
$0
Peter Partaro
Secretart
$0
Ed Wilson
Grand Knight
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $322,120
All other contributions, gifts, grants, and similar amounts not included above$22,016
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$344,136
Total Program Service Revenue$85,014
Investment income $8,761
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $12,710
Net Income from Sales of Inventory $480,668
Miscellaneous Revenue$0
Total Revenue $931,289

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