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Nonprofiteer
← HONORABLE ORDER OF KENTUCKY COLONELS INC

Form 990 for tax year 2022

Filed by HONORABLE ORDER OF KENTUCKY COLONELS INC.

Totals

Total revenue
$5,665,961
Total expenses
$6,261,747
Contributions and grants received
$5,213,335
Grants paid
$4,606,399
Program service revenue
$145,295
Investment income
$218,878
Other revenue
$88,453
Total assets, end of year
$22,834,295
Total liabilities, end of year
$711,924
Net assets or fund balances, end of year
$22,122,371
Program services expenses (Part IX)
$4,778,786
Management and general expenses
$419,663
Fundraising expenses
$1,063,298
Program service expenses (Part III)
$4,778,786

Program services were 76.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,213,335

  • 1g · Noncash contributions included above

    $62,922

  • 2a · Program service revenue: EVENT REVENUE

    total $145,295 · related or exempt $145,295

  • 3 · Investment income

    total $306,808 · excluded $306,808

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $411,851

  • 7b · Less cost or other basis and sales expenses

    securities $499,781

  • 7c · Gain or loss

    securities -$87,930

  • 7d · Net gain or loss

    total -$87,930 · excluded -$87,930

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: LICENSE PLATE INCOME

    total $57,861 · excluded $57,861

  • 11b · Other revenue: OTHER INCOME

    total $30,592 · excluded $30,592

  • 11e · Other revenue, total

    $88,453

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,606,399 · program services $4,606,399

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $278,185 · program services $61,201 · management and general $96,530 · fundraising $120,454

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $281,211 · program services $61,866 · management and general $97,580 · fundraising $121,765

  • 8 · Pension plan contributions

    total $18,434 · program services $4,055 · management and general $7,982 · fundraising $6,397

  • 9 · Other employee benefits

    total $32,443 · program services $7,137 · management and general $11,258 · fundraising $14,048

  • 10 · Payroll taxes

    total $41,075 · program services $9,037 · management and general $14,253 · fundraising $17,785

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $13,754 · management and general $13,754

  • 11c · Fees: accounting

    total $25,675 · management and general $25,675

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,625 · management and general $1,625

  • 12 · Advertising and promotion

    total $433,497 · management and general $6,825 · fundraising $426,672

  • 13 · Office expenses

    total $101,268 · program services $2,625 · management and general $17,539 · fundraising $81,104

  • 14 · Information technology

    total $28,746 · program services $1,725 · management and general $15,810 · fundraising $11,211

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $34,612 · program services $3,461 · management and general $17,306 · fundraising $13,845

  • 17 · Travel

    total $30,040 · program services $10,013 · management and general $10,014 · fundraising $10,013

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $25,595 · program services $1,536 · management and general $14,077 · fundraising $9,982

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $47,799 · program services $2,868 · management and general $26,289 · fundraising $18,642

  • 23 · Insurance

    total $13,538 · program services $1,354 · management and general $6,769 · fundraising $5,415

  • 24a · Other expenses: GRANT ADMINISTRATION

    total $4,888 · program services $4,888

  • 24b · Other expenses: EVENT EXPENSE

    total $153,707 · fundraising $153,707

  • 24c · Other expenses: CREDIT CARD COMMISSIONS

    total $43,812 · fundraising $43,812

  • 24d · Other expenses: SERVICE AGREEMENTS

    total $18,720 · management and general $13,291 · fundraising $5,429

  • 24e · All other expenses

    total $26,724 · program services $621 · management and general $23,086 · fundraising $3,017

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $619,864 · end of year $1,959,034

  • 2 · Savings and temporary cash investments

    beginning of year $3,022,955 · end of year $992,162

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $204,308 · end of year $109,131

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $5,552

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,687 · end of year $41,960

  • 10a · Land, buildings and equipment: cost or other basis

    $1,285,323

  • 10b · Land, buildings and equipment: accumulated depreciation

    $179,714

  • 10c · Land, buildings and equipment, net

    beginning of year $1,153,408 · end of year $1,105,609

  • 11 · Investments: publicly traded securities

    beginning of year $20,883,025 · end of year $17,982,538

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $806,801 · end of year $638,309

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,288 · end of year $101,852

  • 18 · Grants payable

    beginning of year $0 · end of year $78,771

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $551,488 · end of year $531,301

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $25,311,471 · end of year $19,990,984

  • 28 · Net assets with donor restrictions

    beginning of year $806,801 · end of year $2,131,387

Mission and programs · 2022

Mission

THE HONORABLE ORDER OF KENTUCKY COLONELS, INC. GRANTS MONEY TO 501(C)(3) ENTITIES THAT DEMONSTRATE A NEED THAT OTHERWISE CANNOT BE MET AND THAT WILL ENHANCE OR EXTEND THEIR CHARITABLE OR EDUCATIONAL ACTIVITIES.

Activities or mission (Part I)

THE HONORABLE ORDER OF KENTUCKY COLONELS, INC. GRANTS MONEY TO 501(C)(3) OR OTHER EXEMPT ENTITIES.

  • THE HONORABLE ORDER OF KENTUCKY COLONELS, INC (HOKC) GRANTS MONEY TO 501(C)(3) ENTITIES THAT DEMONSTRATE FISCAL RESPONSIBILITY AND THE MISSION TO STRENGTHEN THE LIVES OF KENTUCKIANS OR TO HIGHLIGHT AND ENHANCE THE CULTURE OF THE COMMONWEALTH. THE ORGANIZATION FOCUSES ON KENTUCKY CHARITIES AND CONDUCTS A "GOOD WORKS PROGRAM" THAT FOCUSES ITS LARGE GRANT-MAKING ACTIVITIES ON CHARITABLE ORGANIZATIONS OPERATING IN KENTUCKY. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

    Expenses $4,778,786 · Grants $4,606,399 · Revenue $145,295

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sherry Crose

    EXECUTIVE DIRECTOR

    Total calculated
    $195,798
    From this org
    $192,037
    From related orgs
    $0
    Other
    $3,761
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,037
    Bonus
    $0
    Other
    $0
    Deferred
    $3,761
    Nontaxable benefits
    $0
    Filer's total
    $195,798

  • Gerard Kauffmann

    DIRECTOR OF FINANCE

    Total calculated
    $76,253
    From this org
    $76,253
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Alex Lyttle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Fred Minnick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Gary Boschert

    COMMANDING GENERAL

    Total calculated
    $0
    Hours/week
    0.5

  • Hal Sullivan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Brian Riendeau

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Jeff L Kennedy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Jim Rogers

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Kevin Doyle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Lynn Ashton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Molly Sutherland

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Nick Ising

    ADJUTANT GENERAL

    Total calculated
    $0
    Hours/week
    0.5

  • Rick Hobgood

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Tad Myre

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Maria Braman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Mary Vitale

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Deborah Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • KENTUCKY COLONELS COLLECTIBLES INC

    C · NOVELTY · KY · 100% owned · share of income -$19,935 · share of assets $27,693 · controlled entity

    Directly controlled by HOKC

  • CHARITABLE LEAD TRUST

    T · INVESTMENT · KY · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2023
IRS schema version
2022v5.0
Source object
202342289349300424

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