Trustees Of The Masonic Hall And Asylum Fund
- Assets
- $347.6m
- Revenue
- $50.2m
- Investments
- $19.8m
- Employees
- 1,036
- Location
- New York, NY
- Founding
- 07/1943
- Data as of
- 12/2022
- EIN
- 13-5563012
Organization Overview
Trustees Of The Masonic Hall And Asylum Fund is located in New York, NY. The organization was established in 1943. 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 12/2022, Trustees Of The Masonic Hall And Asylum Fund employed 1,036 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trustees Of The Masonic Hall And Asylum Fund 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 12/2022, Trustees Of The Masonic Hall And Asylum Fund generated $50.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $56.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Trustees Of The Masonic Hall And Asylum Fund has awarded 28 individual grants totaling $4,223,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MASONIC CARE COMMUNITY IS A MULTILEVEL LONG TERM CARE RESIDENTIAL COMMUNITY PROVIDING NURSING CARE, ADULT CARE AND INDEPENDENT LIVING APARTMENTS.
Describe the Organization's Program Activity:
FULL-TIME SKILLED NURSING CARE IS OFFERED IN OUR HEALTH PAVILION. RESIDENTS ENJOY FREEDOM OF CHOICE, A RICH QUALITY OF LIFE, THEIR OWN DECISION MAKING AND BEING PART OF THE PLANNED COMMUNITY. RESIDENTS LIVE IN "HOUSEHOLDS" CONSISTING OF 8-16 PEOPLE. THE HEALTH PAVILION HAS A FULL TIME MEDICAL STAFF WITH 24-HOUR SKILLED NURSING CARE TO ENSURE THE HIGHEST LEVELS OF SERVICE, WHICH INCLUDES REHABILITATION SERVICES FOR SHORT AND LONG TERM CARE, ALZHEIMER AND DEMENTIA CARE, PALLIATIVE CARE AND RESPITE CARE. 69% OF PATIENT DAYS IN 2022 WERE FOR SERVICES PROVIDED TO INDIGENT MEDICAID RESIDENTS AT A COST THAT EXCEEDS THE REVENUE FOR THESE RESIDENTS FROM THE STATE OF NEW YORK.
OTHER PROGRAM SERVICES INCLUDE CHILD DAY CARE, CAMP TURK, ROUND LAKE CAMP, PUBLIC RELATIONS AND MEMBER SERVICES, MASONIC CARE NEW ROCHELLE, AND HENRIETTA HOLDINGS.
WILEY HALL RESIDENTIAL ADULT CARE HAS 80 BEDS FOR MODERATE HEALTHCARE NEEDS AND PROVIDES ROOM, BOARD AND PERSONAL CARE SERVICES IN A COMMUNITY-BASED ATMOSPHERE. LIFE AT WILEY HALL IS STIMULATING AND REWARDING THANKS TO DAILY ACTIVITIES, PROGRAMS AND OFF-SITE TRIPS. A FULL-TIME MEDICAL STAFF IS ON-SITE WITH DOCTORS ON CALL. OTHER WILEY HALL SERVICES INCLUDE A HEALTHCARE CLINIC, OPHTHALMOLOGY, DENTISTRY, PODIATRY, PLUS PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPIES.
ACACIA VILLAGE OFFERS THE BEST IN RETIREMENT LIVING, COMPLETE WITH A LONG LIST OF COMFORTS AND CONVENIENCES, SERVICES AND AMENITIES. OUR 135 MODERN SPACIOUS APARTMENTS, COTTAGES AND GARDEN HOMES FEATURE A VARIETY OF AMENITIES. AT ACACIA VILLAGE, TENANTS HAVE PRIORITY ACCESS TO THE COMPREHENSIVE CONTINUUM OF CARE AVAILABLE ON THE MASONIC CAMPUS.
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 |
|---|---|---|---|
G Michael Morris President | OfficerTrustee | 25 | $0 |
Christopher J Hough Vice President | OfficerTrustee | 25 | $0 |
Nathan D Lipper Treasurer | OfficerTrustee | 25 | $0 |
David P Spencer Secretary | OfficerTrustee | 25 | $0 |
Steven M Cohen Trustee | Trustee | 25 | $0 |
George Filippidis Trustee | Trustee | 25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harvard Maintenance Inc Contractor | 12/30/22 | $2,984,734 |
Kings County Waterproofing Corp Contractor | 12/30/22 | $2,618,684 |
Sfcs Inc Contractor | 12/30/22 | $1,198,021 |
Sysco Food Services Of Syracuse Llc Dietary | 12/30/22 | $927,922 |
Siemens Industry Inc Contractor | 12/30/22 | $853,793 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,146,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $894,717 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,040,827 |
| Total Program Service Revenue | $37,192,544 |
| Investment income | $3,093,168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,106,124 |
| Net Gain/Loss on Asset Sales | $2,648,405 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,162,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,339,011 |
| Grants and other assistance to domestic individuals. | $407,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $552,842 |
| Compensation of current officers, directors, key employees. | $339,216 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,405,142 |
| Pension plan accruals and contributions | $657,421 |
| Other employee benefits | $4,517,926 |
| Payroll taxes | $2,065,270 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,963 |
| Fees for services: Accounting | $174,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $667,224 |
| Fees for services: Other | $2,859,670 |
| Advertising and promotion | $533,134 |
| Office expenses | $310,938 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,347,822 |
| Travel | $26,489 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,168,664 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,001,064 |
| Insurance | $765,238 |
| All other expenses | $638,804 |
| Total functional expenses | $56,879,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,904,358 |
| Savings and temporary cash investments | $2,964,652 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,613,173 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $234,127 |
| Prepaid expenses and deferred charges | $7,851,754 |
| Net Land, buildings, and equipment | $152,111,344 |
| Investments—publicly traded securities | $143,132,691 |
| Investments—other securities | $19,760,331 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,008,924 |
| Total assets | $347,581,354 |
| Accounts payable and accrued expenses | $5,330,256 |
| Grants payable | $800,000 |
| Deferred revenue | $169,274 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $262,191 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $49,651,979 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,987,554 |
| Total liabilities | $64,201,254 |
| Net assets without donor restrictions | $254,363,989 |
| Net assets with donor restrictions | $29,016,111 |
| 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 | $347,581,354 |
Grants Awarded
Over the last fiscal year, Trustees Of The Masonic Hall And Asylum Fund has awarded $1,334,011 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHANCELLOR ROBERT R LIVINGSTON MASONIC LIBRARY PURPOSE: SUPPORT OF OPERATIONS | $195,541 |
CHILDREN'S DYSLEXIA CENTERS INC PURPOSE: ESTABLISHMENT OF NEW SITE | $1,006,000 |
TAPPAN WASHINGTON MEMORIAL CORPORATION PURPOSE: MAINTENANCE OF HISTORICAL LANDMARK | $120,000 |
THE MASONIC TOYS FOR TOTS FOUNDATION INC PURPOSE: SUPPORT OF OPERATIONS | $12,470 |