Ancient Accepted Scottish Rite Of Free Masonry Nmj
- Assets
- $151.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 12/1940
- Data as of
- 07/2022
- EIN
- 04-1787049
Organization Overview
Ancient Accepted Scottish Rite Of Free Masonry Nmj is located in Worcester, MA. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Accepted Scottish Rite Of Free Masonry Nmj 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 07/2022, Ancient Accepted Scottish Rite Of Free Masonry Nmj generated $45.9k 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 (5.7%) each year. All expenses for the organization totaled $36.7k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Burnett Secretary | 10 | $1,600 | |
David F Russell Treasurer | 5 | $1,000 | |
H Richard Cornwell Trustee | 0 | $0 | |
Robert J Felice Trustee | 0 | $0 | |
Jeremy L Foss Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,886 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,267 |
| Investment income | $4,391 |
| Gain or Loss | $919 |
| Net Income from Gaming & Fundraising | -$3,523 |
| Other Revenue | $0 |
| Total Revenue | $45,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,600 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $15,000 |
| Printing, publications, postage, and shipping | $1,269 |
| Other expenses | $2,470 |
| Total expenses | $36,703 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,718 |
| Other assets | $0 |
| Total assets | $151,718 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Supreme Council Of The Royal Arcanum Boston, MA | $99,452,230 | $9,284,235 |
Ancient Accepted Scottish Rite Of Freemasonry Nmj Lexington, MA | $3,004,152 | $3,706,614 |
Baptist Life Association Buffalo, NY | $26,375,481 | $2,107,362 |
Workmens Benefit Fund Of The Usa Farmingdale, NY | $32,234,577 | $2,051,376 |
Ancient Accepted Scottish Rite Of Free Masonry Nmj Nashua, NH | $16,351,894 | $1,684,331 |
Ancient Accepted Scottish Rite Of Free Masonry Nmj Boston, MA | $20,939,712 | $1,917,478 |
Free & Accepted Masons Grand Lodge Of Rhode Island East Providence, RI | $11,157,687 | $1,680,213 |
Touro Fraternal Association Cranston, RI | $20,297,427 | $411,496 |
Hillside Swimming Club Inc Staten Island, NY | $1,698,799 | $1,830,671 |
Ancient Accepted Scottish Rite Of Free Masonry Nmj Stratford, CT | $11,700,262 | $955,547 |
Riverhead Lodge No 1742 Loyal Order Of Moose Riverhead, NY | $1,444,191 | $785,101 |
Catholic Association Of Foresters Braintree, MA | $11,933,169 | $558,623 |