Fraternal Order Of Eagles
- Assets
- $2.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 77
- Location
- Rochester, MN
- Founding
- 08/1991
- Data as of
- 05/2022
- EIN
- 41-0229404
Organization Overview
Fraternal Order Of Eagles is located in Rochester, MN. The organization was established in 1991. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 05/2022, Fraternal Order Of Eagles employed 77 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 05/2022, Fraternal Order Of Eagles generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $1.7m during the year ending 05/2022. While expenses have increased by 7.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A FRATERNAL ORGANIZATION ADMINISTERED UNDER THE LODGE SYSTEM FOR THE PURPOSE OF PROVIDING BENEFITS AND SOCIAL ACTIVITIES FOR THE ORGANIZATION'S MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A FRATERNAL ORGANIZATION IN ORDER TO PROVIDE BENEFITS AND SOCIAL / RECREATIONAL ACTIVITIES PRIMARILY TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Averbeck Secretary | OfficerTrustee | 1 | $10,112 |
Robert Knowles Treasurer | OfficerTrustee | 1 | $1,400 |
Clarence L Schleusner Trustee | OfficerTrustee | 2 | $730 |
Timothy Macken Trustee | OfficerTrustee | 2 | $730 |
William Wassink Trustee | OfficerTrustee | 2 | $548 |
Kraig W Durst Trustee | OfficerTrustee | 2 | $182 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,803 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,903 |
| Total Program Service Revenue | $0 |
| Investment income | $511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,540 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $875,747 |
| Net Income from Sales of Inventory | $774,883 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,746,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,726 |
| Compensation of current officers, directors, key employees. | $13,702 |
| Compensation of current officers, directors, key employees. | $13,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $481,992 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $61,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,990 |
| Fees for services: Accounting | $16,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,502 |
| Office expenses | $5,904 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,558 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,584 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,543 |
| Insurance | $25,043 |
| All other expenses | $69,473 |
| Total functional expenses | $1,728,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,021 |
| Savings and temporary cash investments | $58,719 |
| 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 | $23,049 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,985,210 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,067 |
| Total assets | $2,643,066 |
| Accounts payable and accrued expenses | $13,014 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,771 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $339,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $355,873 |
| 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 | $2,287,193 |
| Total liabilities and net assets/fund balances | $2,643,066 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraternal Order Of Eagles Rochester, MN | $2,643,066 | $1,746,763 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Mandan Lodge No 425 Mandan, ND | $873,326 | $1,124,005 |
Independent Order Of Odd Fellows Des Moines, IA | $12,335,736 | $1,490,752 |
Ancient Free & Accepted Masons Of N D Watford City, ND | $6,705,965 | $1,634,687 |
Knights Of Columbus Oskaloosa, IA | $280,484 | $432,528 |
Independent Order Of Odd Fellows West Des Moines, IA | $1,100,866 | $474,607 |
Fraternal Order Of Police Thompson, ND | $395,477 | $367,760 |
Knights Of Columbus Redfield, SD | $385,727 | $330,588 |
Knights Of Columbus Hutchinson, MN | $2,331,073 | $310,019 |
Knights Of Columbus Dickinson, ND | $438,153 | $257,253 |
Fraternal Order Of Police Golden Valley, MN | $141,109 | $189,124 |