North Dakota Masonic Foundation
- Assets
- $1.8m
- Revenue
- $439.7k
- Investments
- $1.8m
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 09/1949
- Data as of
- 06/2022
- EIN
- 23-7304386
Organization Overview
North Dakota Masonic Foundation is located in Fargo, ND. The organization was established in 1949. 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. North Dakota Masonic Foundation 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 06/2022, North Dakota Masonic Foundation generated $439.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.3% each year . All expenses for the organization totaled $673.3k during the year ending 06/2022. While expenses have increased by 45.4% per year over the past 5 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.
Since 2019, North Dakota Masonic Foundation has awarded 99 individual grants totaling $1,096,252. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Wightman Grand Master | 1 | $0 | |
Chad Kainz Dept Grand Master | 1 | $0 | |
Darrin Galde Sr Grand Warden | 1 | $0 | |
Robert Wedberg Grand Treasurer | 1 | $0 | |
Daniel Haugen Grand Secretary | 1 | $0 | |
Lon Kvasager Asst Grand Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,408 |
| Interest on Savings | $70 |
| Dividends & Interest | $104,202 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $320,048 |
| Capital Gain Net Income | $320,138 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $439,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,257 |
| Depreciation | $0 |
| Occupancy | $15,500 |
| Travel, conferences, and meetings | $1,066 |
| Printing and publications | $0 |
| Other expenses | $14,543 |
| Total operating and administrative expenses | $54,154 |
| Contributions, gifts, grants paid | $619,179 |
| Total expenses and disbursements | $673,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,361 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,962 |
| Other assets | $0 |
| Total assets | $1,804,653 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, North Dakota Masonic Foundation has awarded $619,179 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Forks, ND PURPOSE: BUILDINGPRESERVATION | $100,000 |
VETERANS MEMORIAL HONOR GUARD PURPOSE: SUPPORTVETERANS | $100,000 |
RITE CARE CENTER PURPOSE: SPEECHTHERAPYSUPPORT | $90,000 |
ROBERT ASKER SPEECH THERAPY CENTER PURPOSE: SPEECHTHERAPYSUPPORT | $90,000 |
GEORGE WASHINGTON MASONIC MEMORIAL PURPOSE: EDCUATION | $50,000 |
HOUSE OF THE TEMPLE HISTORIC PRES FND INC PURPOSE: BUILDING PRESERVATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Cement Masons Plasterers Shophands 633 Local Vacation Svgs Mendota Heights, MN | $3,256,862 | $3,990,650 |
Montana Rail Link Retiree Health Plan Collectively Bargained Tr Missoula, MT | $53,919,697 | $6,575,273 |
Fraternal Order Of Eagles Mandan, ND | $674,988 | $1,142,381 |
Fraternal Order Of Eagles Farmington, MN | $745,275 | $1,129,481 |
Minnesota Cement Masons Plasterers Shophands Local 633 Journeyman New Brighton, MN | $1,108,230 | $976,361 |
Ancient Free & Accepted Masons Of Minnesota Grand Lodge Bloomington, MN | $9,278,719 | $1,143,125 |
Fraternal Order Of Eagles Owatonna, MN | $1,687,083 | $834,086 |
Fraternal Order Of Eagles Minneapolis, MN | $622,750 | $779,490 |
El Zagal Shriners Fargo, ND | $3,483,289 | $807,516 |
North Dakota Masonic Foundation Fargo, ND | $1,804,653 | $439,728 |
Fraternal Order Of Eagles Bemidji, MN | $689,618 | $636,134 |
Fraternal Order Of Eagles Grand Rapids, MN | $715,768 | $647,637 |