Free & Accepted Masons Of Ohio
- Assets
- $1.4m
- Revenue
- $103.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwood, OH
- Founding
- 10/1940
- Data as of
- 09/2023
- EIN
- 31-0287498
Organization Overview
Free & Accepted Masons Of Ohio, operating under the name Norwood Lodge #576 F&AM, is located in Norwood, OH. The organization was established in 1940. 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. Norwood Lodge #576 F&AM 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 09/2023, Norwood Lodge #576 F&AM generated $103.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $68.9k during the year ending 09/2023. While expenses have increased by 2.2% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A CHARITABLE NON-PROFIT ORGANIZATION UNDER A CHARTER ISSUED BY THE GRAND LODGE OF FREE AND ACCEPTED MASONS OF OHIO. MEMBERS MEET EVERY FRIDAY, EXCEPT JULY AND AUGUST TO CONDUCT BUSINESS AND INITIATE CANDIDATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MASONIC EDUCATION, A FORUM FOR FELLOWSHIP, ADVOCATE A CHARITABLE CHARACTER AND INSTILL A SENSE OF HONOR AND GOOD CITIZENSHIP. ALSO,ENCOURAGE SUPPORT FOR AND INVOLVEMENT IN THE COMMUNITY AT LARGE.
CHILDREN'S CHRISTMAS PARTY EXPENSES, OTHER COMMUNITY EVENTS SUCH AS SYMPHONY MUSICALS PUT ON BY LODGE MEMBERS AND NON MASON'S DINNERS FOR RECRUITMENT AND INFORMATION.
THE ORGANIZATION DID NOT UNDERTAKE ANY SIGNIFICANT PROGRAM SERVICES THIS FISCAL YEAR, EXCEPT FOR COMMUNITY DONATIONS OF $7,054.
THE ORGANIZATION SUPPLIED MONIES FOR A CHILDREN'S CHRISTMAS PARTY, HOSTED OTHER PUBLIC EVENTS WITH ENTERTAINMENT AND PROVIDED FOOD AT SOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Roy Trustee | Trustee | 1 | $0 |
Harold Elliot Trustee | Trustee | 1 | $0 |
Christopher Burton Trustee | Trustee | 1 | $0 |
Travis Roy Treasurer | OfficerTrustee | 5 | $0 |
Kevin Matthews Master | Officer | 2 | $0 |
Tony Franciose Senior Warden | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,888 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,291 |
| Total Program Service Revenue | $0 |
| Investment income | $81,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,780 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,091 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $41 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,809 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,100 |
| Information technology | $268 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,913 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,274 |
| All other expenses | $1,241 |
| Total functional expenses | $68,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,125 |
| Savings and temporary cash investments | $1,356,552 |
| 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 | $10,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,394,177 |
| 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 | $0 |
| 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 | $1,394,177 |
| Total liabilities and net assets/fund balances | $1,394,177 |