Carteret Lodge # 2235 Benevolent & Protective Order of Elks

EIN: 237130157 Mutual Benefit

Carteret, NJ

Total Revenue
$172,992
Total Expenses
$128,184
Total Assets
$624,375
Net Assets
$322,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
NJ
Principal Officer
Patricia Golino
Phone
7325412880
Tax Period
2024-04-01 to 2025-03-31

Carteret Lodge # 2235 Benevolent & Protective Order of Elks, founded in 1962, is a small nonprofit in the Mutual Benefit sector that reported $173K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 26% operating margin.

Mission

The lodge is a local organization whose mission is to provide support for youth organizations, disabled citizens, veterans, students and needy citizens who ask for assistance.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $46,568
Program Service Revenue $46,507
Investment Income $0
Other Revenue $79,917
TOTAL REVENUE $172,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,859
Other Expenses $128,184
TOTAL EXPENSES $128,184

Year-over-Year Comparison

2024 2023 Change
Revenue $172,992 $123,141 +0.4%
Expenses $128,184 $119,991 +0.1%
Net Income $44,808 $3,150 +13.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
342

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teresa Kelly Exalted Ruler N/A
Officer
$0 $0 $0
Michael Kelly Esteemed Leading Knight N/A
Officer
$0 $0 $0
Bob Hill Esteemed Loyal Knight N/A
Officer
$0 $0 $0
Laura Peticca Esteemed Lecturing Knight N/A
Officer
$0 $0 $0
Richard Galvanek Treasurer N/A
Officer
$0 $0 $0
Patricia Golino Secretary N/A
Officer
$0 $0 $0
Cathy Bell Chaplin N/A
Officer
$0 $0 $0
James Fair Esquire N/A
Officer
$0 $0 $0
Steve Green Inner Guard N/A
Officer
$0 $0 $0
Richard Williams Tiler N/A
Officer
$0 $0 $0
Anne Marchitelli Three Year Trustee N/A
Director
$0 $0 $0
Irene Minucci Two Year Trustee N/A
Director
$0 $0 $0
Lars Astrom One Year Trustee N/A
Director
$0 $0 $0
The Treasurer Secretary normally N/A
$0 $0 $0
receive a stipend of 55000 annually. Both Officers N/A
$0 $0 $0
waived the stipend in 2024. N/A
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $172,992 $128,184 $624,375 $44,808
2024 $123,141 $119,991 $717,219 $3,150
2023 $118,844 $86,719 $875,462 $32,125
2021 $99,636 $100,442 $878,204 $-806
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