Ancient Free & Accepted Masons Of Connecticut Grand Lodge
- Assets
- $3.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Wallingford, CT
- Founding
- 03/1943
- Data as of
- 02/2024
- EIN
- 06-0243277
Organization Overview
Ancient Free & Accepted Masons Of Connecticut Grand Lodge is located in Wallingford, CT. The organization was established in 1943. 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 02/2024, Ancient Free & Accepted Masons Of Connecticut Grand Lodge employed 2 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Connecticut Grand Lodge 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 02/2024, Ancient Free & Accepted Masons Of Connecticut Grand Lodge generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $985.8k during the year ending 02/2024. While expenses have increased by 9.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MASONIC FRATERNAL ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SERVICES AS A DOMESTIC FRATERNAL SOCIETY OPERATING UNDER A LODGE SYSTEM RELATING TO CHARITABLE, EDUCATIONAL AND FRATERNAL PURPOSES.
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 |
|---|---|---|---|
Thomas J Gondek Grand Treasu | Officer | 18 | $23,400 |
Joseph J Porco Grand Maste | Officer | 15 | $0 |
Edward C Page Deputy Grand | Officer | 15 | $0 |
Rinaldo F Magliano Grand Senior | Officer | 10 | $0 |
Shane Dufresne Grand Junior | Officer | 15 | $0 |
F Matthew Heinrich Jr Grand Senior | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,260 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,360 |
| Total Program Service Revenue | $567,731 |
| Investment income | $66,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $134,471 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $105,156 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,006,856 |
| 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. | $46,800 |
| 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 | $3,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,185 |
| Fees for services: Other | $123,277 |
| Advertising and promotion | $5,350 |
| Office expenses | $47,319 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,742 |
| Travel | $36,665 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,862 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $736 |
| Insurance | $221,980 |
| All other expenses | $20,784 |
| Total functional expenses | $985,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,780 |
| Savings and temporary cash investments | $493,546 |
| 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 | $6,242 |
| Investments—publicly traded securities | $3,238,070 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,749,638 |
| Accounts payable and accrued expenses | $2,904 |
| 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 | $2,904 |
| Net assets without donor restrictions | $3,745,582 |
| Net assets with donor restrictions | $1,152 |
| 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 | $3,749,638 |
Grants Awarded
Over the last fiscal year, Ancient Free & Accepted Masons Of Connecticut Grand Lodge has awarded $712,262 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CONNECTICUT FREEMASON FOUNDATION PURPOSE: GENERAL FUND | $606,856 |
HOSPITALITY LODGE 128 PURPOSE: NEW LODGE FUNDING | $100,000 |
DEMOLAY INTERNATIONAL CT CHAPTERC/O BEALS | | | $5,406 |