Square & Compass Club Inc is located in Barre, VT. The organization was established in 1937. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Square & Compass Club Inc 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 12/2021, Square & Compass Club Inc generated $13.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $26.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S MEMBERSHIP IS LIMITED TO MEMBERS OF GRANITE LODGE #35, FREE AND ACCEPTED MASONS, WHO EACH PAY AN ADDITIONAL MEMBERSHIP FEE OF $2 PER YEAR TO BE MEMBERS OF THE SQUARE AND COMPASS CLUB, INC. ("S&C CLUB"). THE S&C CLUB IS THE PRIMARY FUND-RAISING OPERATION FOR GRANITE LODGE #35. WE USE ALL PROCEEDS, AFTER PAYING OPERATING COSTS, TO PROVIDE FUNDING TO 501C(3) CHARITABLE ORGANIZATIONS THAT SUPPORT A VARIETY OF CHARITABLE CAUSES. NO DONATIONS ARE MADE TO POLITICAL ORGANIZATIONS. DONATIONS ARE GENERALLY IN THE AMOUNT OF $1,000 OR LESS TO EACH CHARITABLE ORGANIZATION. WE HAVE NO DIRECT AFFILIATION OR OTHER FORMAL TIES WITH ANY OF THE RECIPIENT ORGANIZATIONS. THE BOARD OF DIRECTORS OF S&C CLUB ANNUALLY REVIEWS A LISTING OF CHARITABLE ORGANIZATIONS REQUESTING DONATIONS AT AN OPEN MEETING AND DONATIONS ARE AGREED UPON BY MAJORITY VOTE OF ALL PRESENT. ALL OF THE CHARITABLE ORGANIZATIONS ACKNOWLEDGED OUR GIFT, CONFIRMED THAT NO GOODS OR SERVICES WERE RECEIVED IN EXCHANGE FOR OUR DONATION, AND WERE U.S. DOMICILED ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald Sanguinetti Treasurer | 3 | $1,015 | |
Jon Hosford President | 2 | $0 | |
David Sanguinetti Secretary, Assistant Treasurer | 2 | $0 | |
Victor Martin Vice-President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $11,991 |
Other Revenue | $1,230 |
Total Revenue | $13,221 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,515 |
Occupancy, rent, utilities, and maintenance | $10,124 |
Printing, publications, postage, and shipping | $82 |
Other expenses | $12,800 |
Total expenses | $26,521 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,102 |
Other assets | $0 |
Total assets | $11,102 |
Total liabilities | $0 |
Net assets or fund balances | $11,102 |
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