Overview
What is Knights Of Columbus?
The Knights of Columbus is a Catholic fraternal organization with over 2 million members, founded in 1882. Based in New Haven, Connecticut, this nonprofit is dedicated to promoting educational, charitable, religious, and social welfare works. They render aid and assistance to their members, their families, and beneficiaries, focusing on mutual support for the sick, disabled, and needy. The organization offers insurance products, including life insurance, long-term care, disability income, and annuities, primarily for members and their families in the United States and Canada. With a total of 2,708 employees, the Knights of Columbus have accrued $1,977,160,096 in tax-exempt benefits for their members, processed 23,423 death claims in 2022, and the average life insurance certificate is worth $69,679.
Official website here: www.kofc.org
Is Knights Of Columbus legitimate?
Knights Of Columbus is a legitimate nonprofit organization registered as a 501(c)(8) entity. Knights Of Columbus submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $8,159,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,336,192
For more financial information, click here
What is the mission statement of Knights Of Columbus?
The Knights of Columbus is a Catholic fraternal organization committed to promoting and carrying out educational, charitable, religious, and social welfare works. Their mission includes providing mutual aid and assistance to sick and needy members and their families, as well as offering insurance products and annuities as benefits. With over 2 million members, the organization was founded in 1882 for the purposes of rendering aid, promoting social work, and conducting various forms of relief work. The Knights of Columbus effectively carry out these purposes by providing coverage for life insurance, long-term care, disability income, and annuity benefits to members, their wives, widows, and minor children, primarily in the United States and Canada. The total benefits accrued to members in 2022 amounted to $1,977,160,096, with 23,423 death claims incurred, and the average size of a life insurance certificate being $69,679, held by individuals with an average age of 51.
Official website here: www.kofc.org
Who is the CEO of Knights Of Columbus?
Patrick T Mason is the Director/Past Supreme Knight of Knights Of Columbus.
Official website here: www.kofc.org
What is the revenue of Knights Of Columbus?
Who are the executives of Knights Of Columbus and what are their salaries?
The average compensation at Knights Of Columbus during 2022 was $29,725. There are 2,708 employees at Knights Of Columbus.
Here are 36 key members and their salaries:
- Patrick E Kelly (Director/Supreme Knight)
- John J Kennedy (Director/Chief Financial Officer)
- John A Marrella (Director/Supreme Advocate)
- Anthony V Minopoli (Director/Chief Operating Officer)
- Ronald R Sandoval Sr (California General Agent)
- Ronald D Franzluebbers (Senior Vp/Chief Actuary)
- Christopher Huesman (Chief Information Officer)
- Mark J Mcmullen (Senior Vp Membership & Frat Mission)
- Frank Memmo (Senior Vp/Operational Excellence)
- Carlos M Gutierrez (California General Agent)
- Ronald F Schwarz (Director/Supreme Treasurer)
- Paul G O'Sullivan (Director/Dep Supreme Knight)
- Richard J Knee Md (Medical Director)
- Patrick T Mason (Director/Supreme Secretary)
- George E Silos (Vice President/Actuary)
- Carl A Anderson (Director/Past Supreme Knight)
- Most Rev William E Lori (Director/Supreme Chaplain)
- Michael Anthony Benson (Director)
- John S Appelbaum (Director)
- Carmine V Musumeci (Director)
- Stephen J Kehoe (Director)
- Scott A O'Connor (Director)
- Daniel Duchesne (Director)
- Antonio Banuelos-Acosta (Director)
- Sean E Halpain (Director)
- Colin R Jorsch Jr (Director)
- Antonio F Pascua (Director)
- Daniel Rossi (Director)
- Arthur Louis L Peters (Director)
- Rennan J Duffour (Director)
- Arcie J Lim (Director)
- Jose C Reyes Jr (Director)
- Michael L Wills (Director)
- Michael R Mccusker (Director)
- Jamey C Roth (Director)
- Alfredo A Vela (Director)
Official website here: www.kofc.org
Where can I find the form 990 for Knights Of Columbus?
The Knights Of Columbus’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.kofc.org
Learn more at the official website: www.kofc.org
Mission Statement of Knights Of Columbus
The Knights of Columbus, a Catholic fraternal organization founded in 1882, is dedicated to promoting and carrying out educational, charitable, religious, and social welfare works. With over 2.0 million members, this organization offers mutual aid assistance to its sick and needy members and their families, as well as providing insurance products and annuities for their benefit.
The Knights of Columbus serves as a family fraternal service organization, providing coverage for life insurance, long-term care, disability income, and annuity benefits to members, their wives, widows, and minor children primarily in the United States and Canada. In 2022, 23,423 death claims were incurred by the organization, with the average size of a life insurance certificate being $69,679. The average age of a certificate holder was 51 years old.
The Knights of Columbus is committed to rendering aid to its members, their families, and the beneficiaries of its members. It promotes social work among its members and their families and conducts various educational, charitable, religious, social welfare, war relief, and public relief works. The organization's primary purposes include promoting social work, conducting educational, charitable, religious, and social welfare works, and providing mutual aid and assistance to its sick, disabled, and needy members and their families.
Impact
This information is meant to be a general summary of Knights Of Columbus. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Knights of Columbus, a Catholic fraternal organization, has a significant impact on its members, their families, and the wider community. Through its various programs and initiatives, the Knights of Columbus provide mutual aid assistance to sick and needy members, render support to beneficiaries, and promote social welfare among its members.
Additionally, the organization offers insurance products and annuities that benefit members, wives, and children. This financial support provides a safety net for members and their families in times of need, contributing to their overall well-being and security.
Furthermore, the Knights of Columbus actively engage in charitable, religious, and social welfare works, demonstrating a commitment to serving others and making a positive impact on society. Their longstanding tradition of promoting education and community service reflects their dedication to fostering strong, supportive communities.
Overall, the Knights of Columbus play a vital role in promoting values of charity, unity, and fraternity among their members while also making a meaningful difference through their philanthropic efforts and mutual aid programs.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM INCOME
Revenue
$1,270,970,387
SUPPLEMENTARY CONTRACT
Revenue
$86,167,347
INTEREST MAINTENANCE R
Revenue
$13,380,002
MEMBERSHIP DUES
Revenue
$4,136,668
MISCELLANEOUS
Revenue
$1,790,189
Organization Details
Founding Year
1882
Phone
(203) 752-4000
Principal Officer
Patrick T Mason
Main Address
ONE COLUMBUS PLAZA, NEW HAVEN, CT, 065103326
Website
www.kofc.org
NTEE Category
Code: Y40 - Mutual benefit
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