Knights Of Columbus
- Assets
- $2.3m
- Revenue
- $310.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 10/1940
- Data as of
- 06/2021
- EIN
- 41-0656992
Organization Overview
Knights Of Columbus is located in Hutchinson, MN. The organization was established in 1940. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Knights Of Columbus 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 06/2021, Knights Of Columbus generated $310.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $302.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Knights Of Columbus has awarded 81 individual grants totaling $1,235,974. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A CATHOLIC, FAMILY, FRATERNAL, SERVICE ORGANIZATION DEDICATED TO THE VALUES AND FAITH OF THE ROMAN CATHOLIC CHURCH THROUGH THE ACTIVITIES OF MEMBERS AND THEIR COUNCILS THAT PROMOTE CHARITY, UNITY, FRATERNITY, AND PATRIOTISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GENERAL PROGRAM EXPENSES RELATE TO MEMBER ACTIVITIES INCLUDING STATE AND NATIONAL MEETINGS, CEREMONIES AND INCENTIVES, NEWSLETTERS, SERVICE PROJECTS, SUPPORT, AND PLANNING ACTIVITIES.
LOCAL COUNCILS PARTICIPATE IN FUNDRAISERS, SUCH AS THE ANNUAL FUNDRAISERS WHERE CANDY, OFTEN A TOOTSIE ROLL, IS OFFERED TO THE PUBLIC AND FREE-WILL DONATIONS ARE RECEIVED. THE HIGH VISIBILITY OF THIS PROGRAM HAS LED TO THE CAMPAIGN BEING REFERRED TO AS THE TOOTSIE ROLL DRIVE. THE LOCAL COUNCILS PASS THESE DONATIONS ON TO THE COUNCIL AND CAN DESIGNATE THESE CONTRIBUTIONS TO SPECIAL OLYMPICS AND OTHER QUALIFYING CHARITIES. DURING FISCAL YEAR 2021 CONTRIBUTIONS WERE MADE TO SUPPORT INTELLECTUAL DISABILITIES OF $38,699, PENNIES FOR SEMINARIES WHICH SUPPORT THE EDUCATION OF SEMINARIANS TO THE PRIESTHOOD OF $32,831, THE JIM CAMPBELL SCHOLARSHIP PROGRAM OF $24,392, AND THE WHEELCHAIR MISSION OF $9,650.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Father Martin Schaefer State Chaplain | Officer | 2 | $0 |
Jim Terwedo State Advocate | Officer | 3 | $0 |
Dan Decrans State Secretary | Officer | 20 | $0 |
Bou Gazley State Treasurer | Officer | 20 | $0 |
Marc Peters Immediate Past State Deputy | Officer | 2 | $0 |
David Whatmuff State Deputy | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $212,527 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,935 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,462 |
| Total Program Service Revenue | $9,497 |
| Investment income | $162 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $310,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,111 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,000 |
| Advertising and promotion | $0 |
| Office expenses | $7,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,715 |
| Travel | $14,455 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,686 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,520 |
| Insurance | $3,154 |
| All other expenses | $853 |
| Total functional expenses | $302,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,816 |
| Savings and temporary cash investments | $327,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,693 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,349 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,935,000 |
| Total assets | $2,331,073 |
| Accounts payable and accrued expenses | $1,481 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,935,000 |
| Total liabilities | $1,936,481 |
| Net assets without donor restrictions | $394,592 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,331,073 |
Grants Awarded
Over the last fiscal year, Knights Of Columbus has awarded $265,200 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: PROGRAMS FOR DEVELOPMENTALLY DISABLED | $60,000 |
Minneapolis, MN PURPOSE: PROGRAMS FOR DEVELOPMENTALLY DISABLED | $60,000 |
Henderson, NV PURPOSE: SUPPORT WHEELCHAIR MISSION | $25,000 |
Henderson, NV PURPOSE: SUPPORT WHEELCHAIR MISSION | $25,000 |
Saint Paul, MN PURPOSE: SUPPORT RELIGIOUS EDUCATION | $12,600 |
Saint Paul, MN PURPOSE: SUPPORT RELIGIOUS EDUCATION | $12,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thrivent Financial For Lutherans Minneapolis, MN | $31,382 | $46,195,757 |
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 |