Sterling Lodge No 726 Loyal Order
- Assets
- $356.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling, IL
- Founding
- 08/1935
- Data as of
- 04/2022
- EIN
- 36-1408200
Organization Overview
Sterling Lodge No 726 Loyal Order is located in Sterling, IL. The organization was established in 1935. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sterling Lodge No 726 Loyal Order 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 04/2022, Sterling Lodge No 726 Loyal Order generated $198.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $183.6k during the year ending 04/2022. While expenses have increased by 30.3% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
YEAR-ROUND SCHEDULE OF SOCIAL AND RECREATIONAL ACTIVITIES FOR THE MEMBERS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Clites President | 15 | $0 | |
Chad Hammer Vice President | 5 | $0 | |
Todd Comilsen Treasurer | 5 | $0 | |
Kenyon Thompson Administrator | 20 | $0 | |
Butch Mobley Chaplain | 5 | $0 | |
Diane Mccullough Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $193,530 |
| Membership dues | $5,072 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,605 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,031 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $44,981 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $114,948 |
| Total expenses | $183,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,343 |
| Other assets | $0 |
| Total assets | $356,160 |
| Total liabilities | $54,149 |
| Net assets or fund balances | $302,011 |