New Hampshire Masonicare
- Assets
- $9.7m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 50
- Location
- Manchester, NH
- Founding
- 06/1972
- Data as of
- 09/2023
- EIN
- 02-0222155
Organization Overview
New Hampshire Masonicare is located in Manchester, NH. The organization was established in 1972. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2023, New Hampshire Masonicare employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hampshire Masonicare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, New Hampshire Masonicare generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $2.3m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEW HAMPSHIRE MASONICARE WILL MEET OUR OBLIGATIONS TO OUR MASONIC CHARITY AND OUR COMMUNITY BY BEING A LEADER IN DEVELOPING AND PROVIDING THE HIGHEST QUALITY CONTINUUM OF CARE WHILE WORKING TO PRESERVE AND GROW OUR RESOURCES AND ENDOWMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ROOM, BOARD AND CARE FOR 35-45 RESIDENTS, 24 HOUR A DAY, 7 DAYS A WEEK, 365 DAYS A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Garceau Chairman | OfficerTrustee | 2 | $0 |
John Bentas Vice-Chairma | OfficerTrustee | 3 | $0 |
David Walters Treasurer | OfficerTrustee | 2 | $0 |
Joanne Wagner Secretary | OfficerTrustee | 2 | $0 |
Brad Alderfer Trustee | Trustee | 0.5 | $0 |
Laurie Bienefeld Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $336,012 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,964 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,976 |
| Total Program Service Revenue | $1,088,856 |
| Investment income | $238,643 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $515,691 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,231,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $1,416,211 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $80,901 |
| Payroll taxes | $106,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,409 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,464 |
| Office expenses | $1,028 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,070 |
| 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 | $0 |
| Insurance | $90,849 |
| All other expenses | $136,017 |
| Total functional expenses | $2,336,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,514 |
| 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 | $0 |
| Investments—publicly traded securities | $9,490,890 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,664,404 |
| 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 | $6,667 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $128,650 |
| Total liabilities | $135,317 |
| Net assets without donor restrictions | $4,109,842 |
| Net assets with donor restrictions | $5,419,245 |
| 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 | $9,664,404 |