Ancient Free & Accepted Masons Of Maine is located in Palmyra, ME. The organization was established in 1972. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Maine 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 12/2021, Ancient Free & Accepted Masons Of Maine generated $64.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $38.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLDS COMMUNITY EVENTS FOR LOCAL TOWNS; PROVIDES SCHOLARSHIPS AND FUNDING FOR COMMUNITY ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLDS COMMUNITY EVENTS FOR LOCAL TOWNS; PROVIDES SCHOLARSHIPS AND FUNDING FOR COMMUNITY CLUBS AND ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Wright President | OfficerTrustee | 2 | $0 |
Ross Fitts Secretary | OfficerTrustee | 2 | $0 |
Milton Webber Treasurer | OfficerTrustee | 2 | $0 |
Jason Allen Member | Trustee | 1 | $0 |
Steve Cianchette Member | Trustee | 1 | $0 |
Stacey Fitts Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,365 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $15,426 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,791 |
Total Program Service Revenue | $0 |
Investment income | $23,340 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $23,231 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $64,362 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,275 |
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. | $500 |
Compensation of current officers, directors, key employees. | $500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $972 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,796 |
Fees for services: Other | $0 |
Advertising and promotion | $10 |
Office expenses | $535 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,600 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,795 |
Insurance | $2,579 |
All other expenses | $369 |
Total functional expenses | $38,243 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,058 |
Savings and temporary cash investments | $6,790 |
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 | $57,361 |
Investments—publicly traded securities | $627,876 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $698,085 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $698,085 |
Net assets with donor restrictions | $0 |
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 | $698,085 |
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Fraternal Order Of Eagles Gray, ME | $523,922 | $554,197 |
Fraternal Order Of Eagles Portland, ME | $928,584 | $384,551 |
Free & Accepted Masons Of New Hampshire Grand Lodge Milford, NH | $4,832,753 | $878,573 |
Kora Shriners Lewiston, ME | $2,195,154 | $823,028 |
Blue Knights Motorcycle Club Bangor, ME | $882,821 | $396,325 |
Fraternal Order Of Eagles Rumford, ME | $1,433,718 | $394,673 |
Bektash Shriners Concord, NH | $2,864,787 | $673,651 |
Fraternal Order Of Eagles Biddeford, ME | $241,978 | $281,508 |
Fraternal Order Of Eagles Westbrook, ME | $812,643 | $279,551 |
Ancient Free & Accepted Masons Of Maine Grand Lodge Holden, ME | $2,576,050 | $370,560 |
Fraternal Order Of Eagles Concord, NH | $840,101 | $391,644 |