2025-02-07T19:10:43-06:00 2024-03-31 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2023-04-01 990034655 BENEVOLENT AND PROTECTIVE ORDER OF ELKS HONOLULU LODGE 616 BENE 8089235525 2933 KALAKAUA AVENUE HONOLULU HI 96815 CRIS MERIA SECRETARY 8089235525 2025-02-07 1 0 DANIELLE A HARANO P01258470 8085262255 2025-02-07 2023 2025-03-06 01:10:19Z JEFFEREY RENNER 2933 KALAKAUA AVENUE HONOLULU HI 96815 10210591 0 1156 X WWW.ELKS616.ORG X 1901 HI THE ORGANIZATION'S MISSION IS TO FOSTER FRATERNITY, CHARITY, PATRIOTISM, AND COMMUNITY SERVICES. 9 9 129 134 0 0 2986376 2122618 0 0 44312 562363 2014890 3326628 5045578 6011609 0 267521 0 0 735881 830537 0 0 0 2579177 3435403 3315058 4533461 1730520 1478148 21157867 23983733 2119423 4928966 19038444 19054767 X TO INCULCATE THE PRINCIPLES OF CHARITY, JUSTICE, BROTHERLY LOVE AND FIDELITY; TO RECOGNIZE A BELIEF IN GOD; TO PROMOTE THE WELFARE AND ENHANCE THE HAPPINESS OF ITS MEMBERS; TO QUICKEN THE SPIRIT OF AMERICAN PATRIOTISM; TO CULTIVATE GOOD FELLOWSHIP; TO PERPETUATE ITSELF AS A FRATERNAL ORGANIZATION, AND TO PROVIDE FOR ITS GOVERNMENT, THE BENEVOLENT AND PROTECTIVE ORDER OF ELKS OF THE UNITED STATES OF AMERICA. 0 0 4533461 1825008 TO PROMOTE COMMUNITY WELFARE AND FOSTER FRATERNITY. 4533461 0 1 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 1 129 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CRIS MERIA 8089235525 2933 KALAKAUA AVENUE HONOLULU HI 96815 DAVID BUERGE TRUSTEE 15.00 X 0 0 0 ORESS KAWAKAMI TRUSTEE 30.00 X 0 0 0 MARILEI PATTERSON TRUSTEE 15.00 X 0 0 0 SHANNON BALL TRUSTEE 30.00 X 0 0 0 SHELLY HEE TRUSTEE 30.00 X 0 0 0 CALVIN HARA EXALTED RULER 30.00 X 0 0 0 JEFFEREY RENNER LEADING KNIGHT, BOARD CHAIR 30.00 X 0 0 0 SHERI DEL BARRIO LOYAL KNIGHT 20.00 X 0 0 0 JOHN MUGNANI LECTURING KNIGHT 20.00 X 0 0 0 DELORESE GREGOIRE CHAPLAIN 10.00 X 0 0 0 GEORGE WEST SECRETARY 40.00 X 30000 0 0 WINFRED CAMERON TREASURER 8.00 X 5769 0 0 ADRIANA HUIZAR GENERAL MANAGER 40.00 X 121338 0 12428 157107 0 12428 1 0 0 0 HEARTLAND PAYMENT SYSTEMS 90 NASSAU STREET PRINCETON NJ 08542 IT SERVICES, POS, PAYMENT PROCESSING 170171 KMH LLP 1003 BISHOP STREET STE 2400 HONOLULU HI 96813 ACCOUNTING 116331 2 1955509 5000 162109 2122618 501305 501305 1519315 454138 0 0 1519315 454138 1973453 1973453 66306 5248 61058 61058 61058 62464 32992 29472 29472 5348957 4160742 1188215 1188215 MISCELLANEOUS REVENUE 532000 135488 135488 135488 6011609 1825008 0 2063983 X 227521 40000 37650 642105 150782 24799 170841 65906 47418 74836 41190 173762 391275 118161 COMMITTEE EXPENSES 491112 UTILITIES 353092 GENERAL EXCISE TAX 334405 SUPPLIES 279551 869055 4533461 478681 313708 8814264 11232302 88336 83731 43231 49915 12675809 3855450 9029283 8820359 2703184 3452868 888 30850 21157867 23983733 340388 560398 1779035 4368568 2119423 4928966 X 13906853 17728957 5131591 1325810 19038444 19054767 21157867 23983733 1478148 360111 -1821936 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5131590 1100988 595337 40000 278078 83040 6426798 4493354 269577 979863 611204 5131590 3708285 215419 1192343 622693 4493354 2972339 68128 1611832 944014 3708285 2513315 85456 890933 517365 2972339 0.22660 0.14590 0.62750 0 0 107384 107384 11594804 3154530 8440274 973621 700920 272701 8820359 MORGAN STANLEY STOCKS 1930667 F MUTUAL FUNDS 998388 F ETFS AND CEFS 523813 F 3452868 X 10533048 360111 4193733 4553844 5979204 32405 32405 6011609 8694790 4193734 4193734 4501056 32405 32405 4533461 PART X, LINE 2: THE GRAND LODGE IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(8) OF THE INTERNAL REVENUE CODE, WHICH EXTENDS TO ALL SUBORDINATE LODGES OF THE ORDER. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES. HOWEVER, AS AN EXEMPT ORGANIZATION, THE ORGANIZATION IS SUBJECT TO A TAX ON UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME INCLUDES INCOME FROM INVESTMENTS AND INCOME GENERATED FROM NON-MEMBERS OR THE GENERAL PUBLIC LESS ALLOWABLE EXPENSES DIRECTLY RELATED TO SUCH INCOME. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION AFTER AN AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN FILED RETURNS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 4,160,742. FUNDRAISING EVENT EXPENSES 32,992. ROUNDING -1. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 4,160,742. FUNDRAISING EVENT EXPENSES 32,992. OPPORTUNITY DRAWING 30515 0 30515 2300 6201 FULL HARVEST WINE DINNER 10745 0 10745 4682 3621 3 21204 21204 6635 9553 62464 62464 2300 11317 19375 32992 29472 0 ELKS NATIONAL FOUNDATION INC 2750 N LAKEVIEW AVENUE CHICAGO IL 606141889 263718342 501(C)(3) 49106 0 CHARITABLE GRANT CALIFORNIA HAWAII ELKS MAJOR PROJECT INC 5450 E LAMONA AVENUE FRESNO CA 937272200 951919366 501(C)(3) 132152 0 CHARITABLE GRANT HAWAII COMMUNITY FOUNDATION 827 FORT STREET MALL HONOLULU HI 96813 900261283 501(C)(3) 31000 0 CHARITABLE GRANT RIVER OF LIFE MISSION PO BOX 37939 HONOLULU HI 96837 990253651 501(C)(3) 9000 0 CHARITABLE GRANT SCHOLARSHIPS 8 40000 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ARE ELECTED INTO THEIR POSITIONS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS ARE MADE BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS. DECISIONS ARE EITHER APPROVED OR DISAPPROVED BY MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S AUDITING & ACCOUNTING COMMITTEE IS CHARGED WITH OVERSEEING THE COMPLETION AND SUBMISSION OF FORM 990 WITH THE IRS. THE FINAL DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AND LODGE MEMBERS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES, OFFICERS, AND OTHER KEY PERSONNEL ARE ANNUALLY PROVIDED WITH OUR "CONFLICT OF INTEREST POLICY". THEY ARE REQUIRED TO ACKNOWLEDGE THEIR RECEIPT OF THE DOCUMENT, UNDERSTAND THE DOCUMENT, AND COMPLY WITH THE DOCUMENT BY COMPLETING AND SIGNING THE "CONFLICT OF INTEREST POLICY - ACKNOWLEDGEMENT AND FINANCIAL INTEREST DISCLOSURE STATEMENT". IN THE EVENT OF A POTENTIAL CONFLICT OF INTEREST, THE "CONFLICT OF INTEREST POLICY" INDICATES THE ACTION(S) TO BE TAKEN WITH REGARDS TO THE POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE LODGE DETERMINES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS. WHEN AN INDIVIDUAL IS ELIGIBLE FOR A PAY ADJUSTMENT, THE ADJUSTMENT IS RECOMMENDED, SUBJECT TO APPROVAL BY THE SUPERVISOR/HOUSE COMMITTEE/BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FEDERAL APPLICATION AND ANNUAL FEDERAL FILINGS ARE FILED IN THE ORGANIZATION'S ACCOUNTING DEPARTMENT. THESE FORMS ARE READILY AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FEDERAL APPLICATION AND ANNUAL FEDERAL FILINGS ARE FILED IN THE ORGANIZATION'S ACCOUNTING DEPARTMENT. THESE FORMS ARE READILY AVAILABLE FOR INSPECTION UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE FILED AT THE ORGANIZATION'S LOCATION AND THEY ARE AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 24E BANK FEES 238,233. REPAIR & MAINTENANCE 126,375. VALET 103,644. PROPERTY TAX 90,268. OTHER EXPENSES 67,658. PROGRAM 50,556. LAUNDRY 37,711. MEMBERSHIP SERVICES 33,832. REFUSE 28,444. SECURITY 27,513. PEST CONTROL 16,382. CABLE 11,317. TELEPHONE 10,063. LICENSES 9,950. JANITORIAL 8,401. BROKER 6,000. OVER SHORT 2,708. FORM 990, PART XII, LINE 1: THE ORGANIZATION ADOPTED A POLICY OF PREPARING ITS FINANCIAL STATEMENTS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) FOR THE YEAR ENDED MARCH 31, 2024. PREVIOUSLY THE ORGANIZATION'S FINANCIAL STATEMENTS, WHICH WERE FOR INTERNAL USE ONLY, WERE PREPARED IN CONFORMITY WITH THE ACCOUNTING PRINCIPLES PROMULGATED IN THE GRAND LODGE AUDITING AND ACCOUNTING MANUAL. THE ORGANIZATION BELIEVES THAT THIS CHANGE RESULTS IN MORE RELEVANT FINANCIAL REPORTING CONSIDERING THE NEEDS OF THE USER OF THE FINANCIAL STATEMENTS. THE DIFFERENCES BETWEEN THE FINANCIAL STATEMENT REPORTING UNDER GAAP COMPARED TO PRIOR YEARS ARE SUMMARIZED AS FOLLOWS: 1. THE ORGANIZATION NOW REPORTS NET ASSETS WITHOUT DONOR RESTRICTIONS AND NET ASSETS WITH DONOR RESTRICTIONS, INSTEAD OF REPORTING UNRESTRICTED AND RESTRUCTED FUNDS AS EQUITY 2. THE ORGANIZATION NOW CLASSIFIES CERTAIN INTERNALLY RESTRICTED FUNDS AS NET ASSETS WITHOUT DONOR RESTRICTIONS INSTEAD OF TEMPORARILY RESTRICTED 3. THE ORGANIZATION NOW REPORTS DONOR RESTRICTED FUNDS AS NET ASSETS WITH DONOR RESTRICTIONS INSTEAD OF PERMANENTLY RESTRICTED FUNDS 4. THE ORGANIZATION NOW ACCRUES MEMBERSHIP DUES AND FEES AND INCLUDES THEM IN THE STATEMENT OF FINANCIAL POSITION AS AMOUNTS DUE FROM MEMBERS, AND ON THE RELATED STATEMENTS OF ACTIVITIES AS DUES AND FEES REVENUE. PREVIOUSLY THE ORGANIZATION DID NOT RECORD RECEIVABLES FOR UNCOLLECTED MEMBERSHIP DUES AND FEES 5. THE ORGANIZATION NOW INCLUDES ANY CONTRIBUTED SERVICES AS CONTRIBUTIONS IF THE SERVICES A) CREATE OR ENHANCE NONFINANCIAL ASSETS OR B) REQUIRE SPECIALIZED SKILLS, ARE PERFORMED BY PEOPLE WITH THOSE SKILLS, AND WOULD OTHERWISE BE PURCHASED BY THE ORGANIZATION. THESE SERVICES HAVE PREVIOUSLY NOT BEEN REFLECTED IN THE FINANCIAL STATEMENTS AS CONTRIBUTION REVENUE 6. THE ORGANIZATION NOW RECORDS UNCONDITIONAL PROMISES TO GIVE AS CONTRIBUTION REVENUE IN THE PERIOD RECEIVED AS ASSETS, DECREASES IN LIABILITIES, OR EXPENSES DEPENDING ON THE FORM OF THE BENEFIT RECEIVED. THE ORGANIZATION PREVIOUSLY DID NOT REPORT PROMISES TO GIVE FROM MEMBERS AS NOTED IN THE INSTRUCTIONS FOR FORM 990, AN "ACCOUNTING METHOD" FOR FEDERAL INCOME TAX PURPOSES IS DEFINED AS A PRACTICE A TAXPAYER FOLLOWS TO DETERMINE THE TAX YEAR IN WHICH TO REPORT REVENUE AND EXPENSES FOR FEDERAL INCOME TAX PURPOSES. AN ACCOUNTING METHOD INCLUDES NOT ONLY THE OVERALL PLAN OF ACCOUNTING FOR GROSS INCOME OR DEDUCTIONS (FOR EXAMPLE, AN ACCRUAL METHOD OR THE CASH RECEIPTS AND DISBURSEMENTS METHOD), BUT ALSO THE TREATMENT OF ANY ITEM THAT INVOLVES THE PROPER TIME FOR THE INCLUSION OF AN ITEM IN INCOME OR THE TAKING OF AN ITEM AS A DEDUCTION, OR BOTH. HOWEVER, A PRACTICE THAT DOES NOT AFFECT THE TIMING FOR REPORTING AN ITEM OF INCOME OR DEDUCTION FOR PURPOSES OF DETERMINING TAXABLE INCOME IS NOT AN ACCOUNTING METHOD. AS THE CHANGE TO GAAP FINANCIAL REPORTING DOES NOT IMPACT THE DETERMINATION OF ANY PAST OR CURRENT YEAR CALCULATION OF UNRELATED BUSINESS TAXABLE INCOME, AND THE ORGANIZATION HAS NO SOURCES OF UNRELATED BUSINESS TAXABLE INCOME, THE ORGANIZATION'S PAST PRACTICES ARE NOT ACCOUNTING METHODS FOR FEDERAL INCOME TAX PURPOSES. AS SUCH, THERE ARE NO SECTION 481(A) ADJUSTMENTS TO REPORT IN THE CURRENT YEAR.