Elks Veterans Memorial Restoration Trust

Address
425 W Diversey Parkway
Chicago, IL 60614
Contact
Phone: +1 (773) 755-4884
Nonprofit
NTEE: A82 - Arts, culture and humanities
EIN: 36-3718320

Mission

The Trust was established to restore, refurbish, repair and maintain the Elks National Memorial Building and the art objects contained therein.
 20172016201520142013
Basic features of the organization
Year of formation1990
Subsection code03
PF filing required0    
Metropolitan statistical area1602
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00    
Sum of reportable (W2/1099) compensation $145,787.00   
Number of employees00   
Number of people compensated >$100k01   
Number of volunteers55   
Number of highly compensated contractors0    
Personnel
Brazier, Thomas
TitleSecretarySECRETARY   
Name of key/compensated personThomas S BrazierTHOMAS S BRAZIER   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.00    
Frost, Arthur
TitleTrusteeMEMBER   
Name of key/compensated personArthur H Frost IIIARTHUR H FROST III   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.00    
Hess, Lester
TitleVice ChairmanVICE CHAIRMA   
Name of key/compensated personLester C Hess JrLESTER C HESS JR   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.00    
Klatt, Bryan
TitleGrand SecretaryCOO/GRAND SE   
Name of key/compensated personBryan KlattBRYAN R KLATT   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org0.004.00   
Reportable compensation from org$0.00$145,787.00   
Other comp, non-reportable, from org and related orgs$27,370.00$26,344.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $154,440.00$0.00   
Average hours per week working for related orgs0.00    
McQuillan, James
Title TREASURER   
Name of key/compensated person JAMES M MCQUILLAN   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Sulsberger, F
TitleChairmanCHAIRMAN   
Name of key/compensated personF Louis SulsbergerF LOUIS SULSBERGER   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.00    
True, Roger
TitleTreasurer    
Name of key/compensated personRoger R True    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesThe Trust was established to restore, refurbish, repair and maintain the Elks National Memorial Building and the art objects contained therein.THE ORGANIZATION WAS ESTABLISHED TO RESTORE, REFURBISH, REPAIR AND MAINTAIN THE ELKS NATIONAL MEMORIAL BUILDING AND THE ART OBJECTS CONTAINED THEREIN.   
Program service expenses, total$681,037.00$840,516.00   
Programs, including revenue & expenses
The Trust provides guides to facilitate tours for the general public through the Elks National Memorial Building.
Program expenses$29,128.00$32,947.00   
Program descriptionThe Trust provides guides to facilitate tours for the general public through the Elks National Memorial Building.THE ORGANIZATION PROVIDES GUIDES TO FACILITATE TOURS FOR THE GENERAL PUBLIC THROUGH THE ELKS NATIONAL MEMORIAL BUILDING.   
The Trust provides the general maintenance for the public viewing areas in the Elks National Memorial Building located in Chicago, Illinois. The Memorial Building is dedicated to the memory of all those who gave their lives in World Wars I and II and in the Korean, Vietnam and Persian Gulf conflicts, and is open to the public throughout the year.
Program expenses$651,909.00$807,569.00   
Program descriptionThe Trust provides the general maintenance for the public viewing areas in the Elks National Memorial Building located in Chicago, Illinois. The Memorial Building is dedicated to the memory of all those who gave their lives in World Wars I and II and in the Korean, Vietnam and Persian Gulf conflicts, and is open to the public throughout the year.THE ORGANIZATION PROVIDES THE GENERAL MAINTENANCE FOR THE PUBLIC VIEWING AREAS IN THE ELKS NATIONAL MEMORIAL BUILDING. THE BUILDING, LOCATED IN CHICAGO, ILLINOIS, IS DEDICATED TO THE MEMORY OF ALL THOSE WHO GAVE THEIR LIVES IN WORLD WARS I AND II AND IN THE KOREAN, VIETNAM, AND PERSIAN GULF CONFLICTS. THE BUILDING IS OPEN TO THE PUBLIC THROUGHOUT THE YEAR.   
Financial data
Revenue
Total revenue$895,958.00$1,000,565.00   
Revenue from contributions (total)$740,794.00$898,850.00$5,457,621.00$794,970.00$1,151,866.00
Investment income, current yr$155,164.00$101,715.00   
Total revenue from grants, etc., current yr$740,794.00$898,850.00   
Total unrelated business revenue$0.00$0.00   
Other revenue, current yr$0.00$0.00   
Program service revenue (total)$0.00 $0.00$0.00$0.00
Gross receipts$2,208,561.00$13,273,668.00   
Sources of contributions
Contributions from related organizations$724,750.00$879,656.00   
Revenue from all other contributions$16,044.00$19,194.00   
Other types of revenue
Royalties (total)$0.00    
Miscellaneous revenue (total)$0.00    
Net revenue from gaming (total)$0.00    
Income from dividends, interest, and similar investments$156,598.00$132,443.00   
Net rental income$0.00 $0.00$0.00$0.00
Net income from fundraising events$0.00    
Net inventory sales (total)$0.00    
Expense categories (totals)
Total functional expenses: sum of all$724,761.00$890,051.00   
Total functional expenses: program service $681,037.00$840,516.00   
Total functional expenses: management and general$43,724.00$49,535.00   
Total functional expenses: fundraising$0.00$0.00   
Fees for services
Lobbying fees (total)$0.00    
Legal fees (total)$0.00    
Fundraising service fees (total)$0.00$0.00   
General management fees (total)$0.00    
Investment management fees (total)$0.00$17,034.00   
Assets and liabilities
Total assets$7,947,063.00$7,051,051.00$6,957,552.00$2,241,297.00$2,035,622.00
Total assets, beginning of year$7,051,051.00$6,957,552.00   
Total liabilities$712,817.00$69,300.00$91,382.00$105,244.00$696,801.00
Total liabilities, beginning of year$69,300.00$91,382.00   
Pledges & accounts receivable, net$0.00    
Loans & receivables from key persons$0.00    
Unrestricted net assets, end of yr$7,234,246.00$6,746,218.00   
Temporarily restricted net assets $235,533.00   
Net assets$7,234,246.00$6,981,751.00   
Net assets, beginning of year$6,981,751.00$6,866,170.00   
Other liabilities$154,392.00    
Intangible assets$0.00    
Other assets$553,722.00$24,822.00   
Investments: other securities$0.00    
Investments: publicly traded securities$7,153,911.00$6,787,815.00   
Cash: non-interest bearing$190,951.00    
Cash: non-interest bearing, beginning of year$169,569.00    
Investments -- program-related$0.00    
Inventories for sale or use$0.00    
Other financial variables
Revenue less expenses$171,197.00$110,514.00   
Advertising (total)$0.00    
Savings & temp cash investment$0.00$169,569.00   
Accounts receivable, net$0.00$14,151.00   
Prepaid expenses & deferred charges$48,479.00$54,694.00   
Accounts payable & accrued expenses$29,546.00$42,595.00   
Deferred revenue$528,879.00$26,705.00   
Total net assets or fund balances$7,234,246.00$6,981,751.00   
Depreciation, depletion, amortization$0.00    
Payment to affiliates$0.00    
Governance and accountability
Number of voting members55   
Number of independent voting members55   
Financial sheets auditedTrueTrue   
Accrual accountingTrueTrue   
Tax year start date2016-05-012015-05-01   
Tax year end date2017-04-012016-04-012015-04-012014-04-012013-04-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990   
Date e-filing submitted2017-11-082017-07-12   
IRS schema version2016v3.02015v3.0   
Filing identifier201712579349300436201740169349300209   
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