Portland Lodge No 291 is located in Portland, OR. The organization was established in 1935. According to its NTEE Classification (Y40) the organization is classified as: Fraternal 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. Portland Lodge No 291 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 04/2024, Portland Lodge No 291 generated $46.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $38.1k during the year ending 04/2024. While expenses have increased by 1.5% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorna Lawrence Administrator | 24 | $0 | |
Sharon Pankratz Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,747 |
| Total Program Service Revenue | $0 |
| Membership dues | $276 |
| Investment income | $0 |
| Gain or Loss | $36,193 |
| Net Income from Gaming & Fundraising | $513 |
| Other Revenue | $0 |
| Total Revenue | $46,729 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,981 |
| Occupancy, rent, utilities, and maintenance | $30,939 |
| Printing, publications, postage, and shipping | $1,143 |
| Other expenses | $0 |
| Total expenses | $38,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,386 |
| Other assets | $0 |
| Total assets | $192,799 |
| Total liabilities | $48,624 |
| Net assets or fund balances | $144,175 |