Louisville Corrections Fraternal Order of Police Lodge 77 Inc
Nonprofit profile at a glance
- EIN
- 203677801
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Louisville, KY, USA
- Phone
- 5024423098
- Rating confidence
- Limited
Reported finances
- Revenue
- $445,170
- Expenses
- $450,606
- Assets
- $391,860
- Liabilities
- $27,275
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RODGER LEDRICK (PRESIDENT)
- MICHAEL SACRA (VICE PRESIDENT)
- BOBBY CHANEY (SECOND VICE PRESIDENT)
- DANIEL JOHNSON (FORMER PRESIDENT)
Highest reported compensation
- NICHOLAS ANGELINI (TREASURER/LODGE MANAGER): $14,860 total reported compensation
- RODGER LEDRICK (PRESIDENT): $6,920 total reported compensation
- TIMOTHY DEARINGER (SECRETARY): $2,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's exempt purpose is to provide members with labor relations, insurance, and fraternal functions.
What it reported doing in 2024
Recreational and fraternal functions such as annual picnic, christmas party, etc.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 94
- Accountability: 72
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.2%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 6%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.2% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 12.3% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $15K · 12 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.