Improved Benevolent & Protective Order Of Elks Of The World is located in Lynchburg, VA. The organization was established in 1973. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Improved Benevolent & Protective Order Of Elks Of The World 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 03/2023, Improved Benevolent & Protective Order Of Elks Of The World generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $75.7k during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard O Washington Exalted Ruler | 16 | $0 | |
Harry Thompson Financial Secretary | 10 | $900 | |
Roy Roberson Treasurer | 6 | $800 | |
Victor Lilly Trustee Chairman | 10 | $0 | |
Anthony Warrick House Commitee Chairman | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,570 |
| Membership dues | $3,000 |
| Investment income | $700 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,335 |
| Other Revenue | $0 |
| Total Revenue | $50,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,253 |
| Salaries, other compensation, and employee benefits | $1,874 |
| Professional fees and other payments to independent contractors | $32,158 |
| Occupancy, rent, utilities, and maintenance | $15,445 |
| Printing, publications, postage, and shipping | $738 |
| Other expenses | $14,275 |
| Total expenses | $75,743 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,311 |
| Other assets | $0 |
| Total assets | $176,311 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,311 |