Free & Accepted Masons Of New Jersey
- Assets
- $7.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Trenton, NJ
- Founding
- 06/1941
- Data as of
- 12/2023
- EIN
- 21-0454866
Organization Overview
Free & Accepted Masons Of New Jersey is located in Trenton, NJ. The organization was established in 1941. 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 12/2023, Free & Accepted Masons Of New Jersey employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Free & Accepted Masons Of New Jersey 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 12/2023, Free & Accepted Masons Of New Jersey generated $1.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE MORAL CHARACTER OF THE INDIVIDUAL MAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR TEACHING INCLUDES BROTHERHOOD, MORALITY, JUSTICE, TOLERANCE, CITIZENSHIP, EDUCATION, AND FREEDOM OF IDEAS, OF RELIGIOUS CHOICE AND OF EXPRESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Stevenson Trustee | Trustee | 10 | $0 |
George Olsen Jr Trustee | Trustee | 10 | $0 |
Joseph Rival Trustee | Trustee | 10 | $0 |
Richard Schmidt Trustee | Trustee | 10 | $0 |
Ronald Murad Trustee | Trustee | 10 | $0 |
David L Tucker Grand Master | Officer | 10 | $0 |
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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $929,128 |
| Investment income | $215,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,894 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,402 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,259,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $789 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,868 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,898 |
| Payroll taxes | $22,287 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,810 |
| Advertising and promotion | $0 |
| Office expenses | $8,373 |
| Information technology | $19,810 |
| Royalties | $0 |
| Occupancy | $65,147 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,809 |
| Interest | $6,904 |
| Payments to affiliates | $173,228 |
| Depreciation, depletion, and amortization | $4,611 |
| Insurance | $86,691 |
| All other expenses | $53,966 |
| Total functional expenses | $1,026,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,494 |
| Savings and temporary cash investments | $15,583 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,720 |
| 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 | $1,948 |
| Net Land, buildings, and equipment | $20,987 |
| Investments—publicly traded securities | $7,006,396 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $385,894 |
| Total assets | $7,475,022 |
| Accounts payable and accrued expenses | $236,812 |
| 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 | $694,522 |
| Total liabilities | $931,334 |
| Net assets without donor restrictions | $6,235,822 |
| Net assets with donor restrictions | $307,866 |
| 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 | $7,475,022 |