The Fryeburg Masonic Trustees
- Assets
- $1.5m
- Revenue
- -$203.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fryeburg, ME
- Founding
- Data as of
- 12/2022
- EIN
- 01-6011486
Organization Overview
The Fryeburg Masonic Trustees is located in Fryeburg, ME. Fryeburg Masonic Trustees is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 12/2022, Fryeburg Masonic Trustees generated -$203.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $117.3k during the year ending 12/2022. While expenses have increased by 32.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LODGE AND MAINTAIN FRATERNAL AND CHARITABLE PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LODGE AND MAINTAIN FRATERNAL AND CHARITABLE PROGRAMS
PROVIDE LODGE AND MAINTAIN FRATERNAL AND CHARITABLE PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Gregson Secretary | OfficerTrustee | $0 | |
Robert Newton Treasurer | OfficerTrustee | $0 | |
Matthew Perry Master | OfficerTrustee | $0 | |
Eric Bloomberg Sr Warden | OfficerTrustee | $0 | |
Dana Gregson Secretary | OfficerTrustee | $0 | |
Robert Newton Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,348 |
| Total Program Service Revenue | $2,491 |
| Investment income | -$216,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$203,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,500 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $570 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,711 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $475 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,691 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,186 |
| Insurance | $3,190 |
| All other expenses | $48 |
| Total functional expenses | $117,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,433 |
| Savings and temporary cash investments | $33,974 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $457,204 |
| Investments—publicly traded securities | $988,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,488,429 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,488,429 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,488,429 |
Grants Awarded
Over the last fiscal year, The Fryeburg Masonic Trustees has awarded $94,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF FRYEBURG MAINE PURPOSE: TEEN REC CENTER | $27,000 |
PEQUAKET VALLEY HEALTH INITIATIVE PURPOSE: GENERAL SUPPORT | $20,000 |
TOWN OF FRYEBURG MAINE PURPOSE: TEEN REC CENTER | $27,000 |
PEQUAKET VALLEY HEALTH INITIATIVE PURPOSE: GENERAL SUPPORT | $20,000 |