5480 Club Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540788156 ✦ Newport news, VA ✦ Designated as a 501(c)(2)

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Overview

What is 5480 Club Incorporated?

5480 Club Incorporated serves as a supporting entity for the charitable activities of Knights of Columbus Council 5480, located in Newport News, Virginia. The company's primary role is to offer facilities and resources to the Council, contributing to its missions. Additionally, it extends its support to the wider community of Newport News, making it a vital part of the city's social landscape. The company's purpose is to provide financial backing and practical needs for the Council's initiatives, ensuring the success of their charitable endeavors.

Is 5480 Club Incorporated legitimate?

5480 Club Incorporated is a legitimate nonprofit organization registered as a 501(c)(2) entity. 5480 Club Incorporated 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of 5480 Club Incorporated?

5480 Club Incorporated serves as a holding company, primarily supporting Knights of Columbus Council 5480 and contributing to community initiatives in Newport News. Their mission is to provide necessary facilities and financial resources for the Council's charitable activities, extending their support beyond the organization to benefit the local city as well. The company's role is crucial in enabling the Council to carry out their charitable work effectively and contribute positively to the community.

What is the revenue of 5480 Club Incorporated?

5480 Club Incorporated's revenue in 2023 was $169,300.

Who are the executives of 5480 Club Incorporated and what are their salaries?

There 624 volunteers at 5480 Club Incorporated.

Here are 13 key members and their salaries:


Samuel Cotton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Drozdowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carroll Kelley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Obrien (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Gerlach (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Edwards (Council Represntative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Taylor (Assembly Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Powell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Konouck (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Hairston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Edwards (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 5480 Club Incorporated?

5480 Club Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of 5480 Club Incorporated

5480 Club Incorporated, serving as a holding company, plays a crucial role in supporting Knights of Columbus Council 5480 and contributing to community initiatives within the city. Its primary mission is to provide essential facilities and financial resources for the charitable activities carried out by the Council. By doing so, 5480 Club Incorporated contributes to the betterment of the community and aids the Council in accomplishing its goals. The organization's mission is centered around fostering a cooperative relationship between the Council and the City of Newport News, ensuring that both entities can thrive and make a positive impact in their shared community.

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Impact




October, 2024

5480 Club Incorporated significantly impacts the Newport News community by serving as a vital support system for the Knights of Columbus Council 5480. By providing essential facilities and financial resources, the organization enables the Council to carry out a variety of charitable activities that directly benefit local residents. This facilitation not only enhances the Council's outreach and effectiveness but also fosters community improvement initiatives that address various local needs. Through its commitment to serving both the Council and the City of Newport News, 5480 Club Incorporated plays a crucial role in promoting goodwill, social welfare, and community engagement.




This information is meant to be a general summary of 5480 Club Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$169,300 (2023)
Expenses
$167,800 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $99,000
  • Gross Receipts: $343,700

Assets and Liabilities:

  • Total Assets: $1,313,143
  • Total Liabilities: $0
  • Net Assets: $1,313,143

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Organization Details

Founding Year

1970

Principal Officer

Kevin Konouck

NTEE Category

Code: S47 - Community improvement

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