Knights Of Columbus
- Assets
- $2.3m
- Revenue
- $1.1m
- Investments
- $1.9m
- Employees
- 3
- Location
- Austin, TX
- Founding
- 10/1940
- Data as of
- 06/2023
- EIN
- 74-1235726
Organization Overview
Knights Of Columbus is located in Austin, TX. 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. As of 06/2023, Knights Of Columbus employed 3 individuals. 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 06/2023, Knights Of Columbus generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE KNIGHTS OF COLUMBUS TEXAS STATE COUNCIL IS FRATERNAL BENEFIT SOCIETY WITH CHARITABLE ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND BUSINESS MEETINGS PROVIDE A FORUM TO REVIEW REPORTS ON THE PROGRESS OF VOLUNTEER ACTIVITIES, HOURS OF SERVICE, FINANCIAL CONDITION OF THE COUNCIL, AND EDUCATIONAL WORKSHOPS FOR STATE LEADERSHIP AND THEIR LOCAL CONSTITUENT LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mclaughlin Executive Se | Officer | 40 | $89,763 |
Terry Fruge State Deputy | OfficerTrustee | 1 | $0 |
Most Rev Michael Sis State Chapla | OfficerTrustee | 1 | $0 |
Rev Mel Bessellieu Associate Ch | OfficerTrustee | 1 | $0 |
Ronald Alonzo Secretary | OfficerTrustee | 1 | $0 |
Bob Goss Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sheraton Hotel Event Venue | 6/29/23 | $178,686 |
Kalahari Resort Event Venue | 6/29/23 | $111,117 |
Embassy Suites Hotel Event Venue | 6/29/23 | $102,640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $992,739 |
| Investment income | $22,287 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,143,343 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $102,333 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,494 |
| Pension plan accruals and contributions | $6,873 |
| Other employee benefits | $21,152 |
| Payroll taxes | $15,946 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $106,047 |
| Information technology | $21,018 |
| Royalties | $0 |
| Occupancy | $69,346 |
| Travel | $240,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $550,487 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,974 |
| All other expenses | $4,442 |
| Total functional expenses | $1,403,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,082 |
| Savings and temporary cash investments | $5 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,266 |
| 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 | $27,545 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,861,482 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $129,383 |
| Total assets | $2,309,763 |
| Accounts payable and accrued expenses | $28,517 |
| Grants payable | $0 |
| Deferred revenue | $39,823 |
| 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 | $126,594 |
| Total liabilities | $194,934 |
| Net assets without donor restrictions | $2,114,829 |
| 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 | $2,309,763 |