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Lodge 7 Annual Audit
The following nancial information Lodge 7 Treasurer John Capparelli has been derived from the audit of the Legal Defense Fund. The complete audited nancial statements, including the independent auditors’ report, is available and may be viewed by contacting my o ce, 312-773-7776, to schedule an appointment.
Fraternal Order of Police, Chicago Lodge No. 7 Financial Statements
Years Ended December 31, 2015 and 2014
2015
2,571,751 3,994,901 9,241,861 1,086,018 8,155,843
6,448,118 469,202 65,395 326,430
7,309,145
498,975 1,074,667 1,471,865
419,139 260,442 134,854 134,893 314,677
45,711 1,739,085 663,609
6,757,917 551,228
Audit Summary:
Statement of Financial Position
Cash and cash equivalents Certi cates of deposit Total Assets
Total Liabilities
Total Net Assets
Statement of Activities Revenues:
Active membership dues Sale of membership supplies Investment income
Other income
Total Revenue
Expenses:
Merchandising
Interest & grievance arbitration
Legal defense
Membership insurance
State and national programs and activities Newsletter publication
Special events
Other fraternal programs
PAC Fund donations
Management and general
Membership development
Total Expenses
Increase (Decrease) in Net Assets
$
$
$
$
2014
2,642,184 3,657,695 8,963,614 1,358,999 7,604,615
5,677,274 385,554 82,137 172,887
6,317,852
442,709 1,253,957 780,323
264,033 196,716 142,327 132,374 555,927
17,090 2,169,139 646,215
6,600,810 (282,958)
$
$
16 CHICAGO LODGE 7 ■ OCTOBER 2016