Benevolent Protective Order of 754

“The lodge has two levels of membership. They are a regular member and a life member.”

“All members have a vote in the approval of the lodge board of directors once the exalted ruler has presented his choice in officers and trustees.”

“The board of directors hold bi-monthly meetings. Minutes are taken at each of these meetings.”

“A copy of the return is held by an officer for public availablility. When possible the return is not filed until one week after it is made available for review.”

“The lodge follows the conflict of interest statutes written and set by the elks grand lodge. At the board meetings officers, directors, trustees and key employees are able to present any situation that may pose a conflict of interest. At that time the group decides if any action needs to be made to eliminate the potential conflict of interest.”

“THE OFFICERS AND TRUSTEES OF THE LODGE ARE NON-COMPENSATED VOLUNTEERS WITH THE EXCEPTION DETAILED ON Pt VI, Line 15b.”

“The secretary and treasurer recieve a small stipend for their duties. This amount is decided on by the board of directors and subject to the approval of the general membership.”

“All of the governing documents and financial information is kept by the secretary and treasurer. Any member of the public that wishes to see any of the documents of public record must make a request to the board of directors. The board will then make arrangements with the individual or individuals to view the documentation.”

“The taxpayer elects to make the de minimis safe harbor election under the Regulation 1.263(a)-1(f).”

“The taxpayer hereby adopts for book and Federal income tax purposes the following policy regarding capitalization expenses for the year beginning January 1, 2023. In accordance with Internal Revenue Code Sections 167 and 168 and related Regulations BENEVOLENT PROTECTIVE ORDER OF 754 has determined that amounts whose individual cost (including tax, installation and delivery costs) does not exceed $2500 will be deducted as incurred as operating expense. Amounts exceeding this dollar limit will be examined individually to determine if their use or purpose requires capitalization under the betterment, adaptation or restoration rules used by the Internal Revenue Service and will be capitalized or expensed as incurred as a result of the application of those rules.”

“Contribution towards elks national charity; donation; elks national foundation: 2750 n lakeview avenue, chicago, il, 60614; related national, 1126.”

“Enf gratitude grant; donation; the gate house: 21 gatehouse drive, danville, pa, 17821; local, 2000.”

“Enf freedom grant; donation; orangeville manor: 210 mill street, orangeville, pa, 17859; assisted living, 1000.”

“Enf spotlight grant; donation; wr neighbors helping neighbors: 1319 eighth street dr, watsontown, pa, 17777; local food bank, 2000.”

“Annual appeal; donation; danville area community ctr: 1041 liberty street, danville, pa, 17821; local non-profit, 250.”

“OFFICE EXPENSES 593.”

“Grand lodge, state & district dues 3199.”

“PROGRAM EXPENSES 2568.”

“TAXES & LICENSES 257.”

“CONVENTION EXPENSES 594.”

“MEETINGS EXPENSES 247.”

“INSURANCE EXPENSE 750.”

“COMPUTER EXPENSES 561.”

“Depreciation 78.”

“Leasehold improve/furniture/equip (net depr) 116. 38.”

“Payroll taxes payable 214. 216.”

“Fourth qtr 2022 wages payable 607. 607.”