Masonic Hall Assn Of Schenectady is located in Schenectady, NY. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masonic Hall Assn Of Schenectady is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 10/2024, Masonic Hall Assn Of Schenectady generated $65.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $61.9k during the year ending 10/2024. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
MAINTAINING, REPAIRING, AND OPERATING A FACILITY FOR THE USE OF THE SIX MASONIC ORGANIZATIONS AND PROVIDING THE SAME FOR LOCAL ORGANIZATIONS, ORINDIVIDUALS ON A FREE OR MINIMAL FEE BASIS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard James President | 4 | $0 | |
Robert Mccloskey Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,747 |
Total Program Service Revenue | $1,400 |
Membership dues | $49,800 |
Investment income | $2,959 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,906 |
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 | $10,075 |
Occupancy, rent, utilities, and maintenance | $44,182 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,654 |
Total expenses | $61,911 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $104,150 |
Other assets | $0 |
Total assets | $212,514 |
Total liabilities | $0 |
Net assets or fund balances | $212,514 |