Master Wardens And Members Of The Grand Lodge Of Masons In Massachus
- Assets
- $28.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 22
- Location
- Boston, MA
- Founding
- 02/1954
- Data as of
- 08/2022
- EIN
- 04-1383607
Organization Overview
Master Wardens And Members Of The Grand Lodge Of Masons In Massachus, operating under the name Grand Lodge Of Masons In Massachusetts, is located in Boston, MA. The organization was established in 1954. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 08/2022, Grand Lodge Of Masons In Massachusetts employed 22 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Grand Lodge Of Masons In Massachusetts 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 08/2022, Grand Lodge Of Masons In Massachusetts generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $2.7m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPERVISE AND GOVERN THE MASSACHUSETTS MASONIC FRATERNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A FRATERNAL MASONIC GRAND LODGE FOR SUBORDINATE LODGES AND THEIR MEMBERS WITH APPROXIMATELY 22,000 MEMBERS IN MASSACHUSETTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Moran Clerk | Officer | 35 | $145,319 |
Craig Macpherson Controller | Officer | 10.5 | $90,944 |
Albert T Ames Grand Secretary | OfficerTrustee | 1 | $11,000 |
Mason W Russell Grand Treasurer | Trustee | 1 | $0 |
Richard Maggio Grand Master | Trustee | 1 | $0 |
Thomas A Rorrie Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tufts Health Plan Health Care | 8/30/21 | $132,559 |
Vicinity Energy Boston Utilities | 8/30/21 | $117,952 |
Thompson Waterproofing Maintenance | 8/30/21 | $116,777 |
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 | $530,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $530,560 |
| Total Program Service Revenue | $1,253,680 |
| Investment income | $102,130 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $646,359 |
| Net Gain/Loss on Asset Sales | $48,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,581,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350,000 |
| 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. | $261,201 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $591,782 |
| Pension plan accruals and contributions | $33,345 |
| Other employee benefits | $103,154 |
| Payroll taxes | $68,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $102,424 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $117,435 |
| Fees for services: Other | $0 |
| Advertising and promotion | $942 |
| Office expenses | $65,153 |
| Information technology | $101,770 |
| Royalties | $0 |
| Occupancy | $309,712 |
| Travel | $93,298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $255,822 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $123,304 |
| All other expenses | $0 |
| Total functional expenses | $2,673,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,046 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $595,592 |
| 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 | $1,083,113 |
| Investments—publicly traded securities | $26,304,512 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $322,933 |
| Total assets | $28,564,196 |
| Accounts payable and accrued expenses | $1,494,533 |
| 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 | $1,321,324 |
| Total liabilities | $2,815,857 |
| Net assets without donor restrictions | $6,728,452 |
| Net assets with donor restrictions | $19,019,887 |
| 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 | $28,564,196 |
Grants Awarded
Over the last fiscal year, Master Wardens And Members Of The Grand Lodge Of Masons In Massachus has awarded $81,378 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: TO FUND VARIOUS PROGRAMS AND PROVIDE FINANCIAL ASSISTANCE | $38,325 |
Alexandria, VA PURPOSE: TO FUND VARIOUS PROGRAMS AND PROVIDE FINANCIAL ASSITANCE | $22,600 |
Cedar Rapids, IA PURPOSE: TO FUND VARIOUS PROGRAMS AND PROVIDE FINANCIAL ASSISTANCE | $11,125 |
Lowell, MA PURPOSE: TO FUND VARIOUS PROGRAMS AND PROVIDE FINANCIAL ASSISTANCE | $9,328 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Master Wardens And Members Of The Grand Lodge Of Masons In Massachus has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Masonic Education And Charity Trust Boston, MA PURPOSE: OPERATING A FRATERNAL MASONIC GRAND LODGE FOR SUBORDINATE LODGES AND THEIR MEMBERS WITH APPROXIMATELY 22,000 MEMBERS IN MASSACHUSETTS. | $0 |
Endowment Analysis
| Beg. Balance | $27,965,097 |
| Earnings | -$2,448,335 |
| Net Contributions | $279,219 |
| Other Expense | $640,914 |
| Ending Balance | $25,155,067 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Wardens And Members Of The Grand Lodge Of Masons In Massachus Boston, MA | $28,564,196 | $2,581,604 |
Free And Accepted Masons Of New York New York, NY | $18,901,469 | $2,949,286 |
Emblemhealth Inc New York, NY | $1,528,819 | -$630,046 |
Shriners International Wilmington, MA | $14,593,595 | $1,679,300 |
Operative Plasterers & Cement Masons International Association Boston, MA | $1,364,633 | $1,501,561 |
Assoc Of Knights & Ladies Of Equest Order Of Holy Sepulchre-Jerusalem New York, NY | $857,646 | $1,095,775 |
Ancient Free & Accepted Masons Of Connecticut Grand Lodge Wallingford, CT | $3,696,624 | $828,921 |
Master Wardens & Members Of The Grand Lodge Of Masons In Mass North Easton, MA | $5,504,312 | $298,031 |
New England Concrete Masonry Association Webster, MA | $405,053 | $257,088 |
Fraternal Order Of Eagles Depew, NY | $1,162,990 | $540,490 |
Delta Chi Housing Corporation At Cornell Ithaca, NY | $1,884,526 | $519,906 |
Free & Accepted Masons Of New Hampshire Grand Lodge Milford, NH | $4,832,753 | $878,573 |