The Ohio Masonic Home
- Assets
- $152.4m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 42
- Location
- Springfield, OH
- Founding
- 04/1941
- Data as of
- 12/2021
- EIN
- 31-0536997
Organization Overview
The Ohio Masonic Home is located in Springfield, OH. The organization was established in 1941. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Ohio Masonic Home employed 42 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ohio Masonic Home 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 12/2021, Ohio Masonic Home generated $9.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $8.8m 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
WE ARE THE LIVING EXPRESSION OF OUR MASONIC VALUES - WE SERVE AS THE TRUSTED PARTNER TO HELP PEOPLE AGE RESPECTFULLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OHIO MASONIC HOME PROVIDED MANAGEMENT SERVICES, STRATEGIC PLANNING, ADMINISTRATIVE SERVICES AND FINANCIAL SUPPORT TO AFFILIATES. THE LONG TERM GOAL IS TO BE A TRUSTED PARTNER TO HELP PEOPLE AGE RESPECTFULLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott A Buchanan Chief Executive Officer | Officer | 48 | $305,618 |
Cara L Schuster Chief Clinical Officer | Officer | 40 | $189,000 |
Brooke Herring Chief Financial Officer | Officer | 48 | $153,889 |
Lara E Bentley Director Of Human Resource | 40 | $148,721 | |
Rob Lane Director Of Procurement | 40 | $145,177 | |
Michele Glauser VP Of Sales And Marketing (part Year) | 40 | $103,241 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Independence Construction Construction | 12/30/21 | $1,939,779 |
Health Pro Rehabilitation Therapy | 12/30/21 | $1,739,046 |
Baile Senior Development Construction | 12/30/21 | $656,496 |
Dataserv Integrations Llc It Support | 12/30/21 | $1,581,986 |
Remedi Senior Care Of Ohio Llc Therapy | 12/30/21 | $381,669 |
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 | $762,389 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $762,389 |
| Total Program Service Revenue | $6,161,717 |
| Investment income | $1,513,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $51,061 |
| Net Gain/Loss on Asset Sales | $1,151,748 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,641,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $45,597 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $854,812 |
| Compensation of current officers, directors, key employees. | $470,147 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,860,975 |
| Pension plan accruals and contributions | $85,239 |
| Other employee benefits | $85,079 |
| Payroll taxes | $176,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $146,323 |
| Fees for services: Accounting | $122,319 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $403,078 |
| Fees for services: Other | $1,386,140 |
| Advertising and promotion | $268,317 |
| Office expenses | $1,222,169 |
| Information technology | $409,805 |
| Royalties | $0 |
| Occupancy | $485,777 |
| Travel | $92,825 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $240,565 |
| Payments to affiliates | -$403,487 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $949,899 |
| All other expenses | $54,410 |
| Total functional expenses | $8,760,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| Savings and temporary cash investments | $767,776 |
| Pledges and grants receivable | $884,255 |
| Accounts receivable, net | $38,105,826 |
| 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 | $445,463 |
| Net Land, buildings, and equipment | $33,510,814 |
| Investments—publicly traded securities | $66,895,878 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,753,523 |
| Total assets | $152,363,585 |
| Accounts payable and accrued expenses | $4,070,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $28,936,007 |
| 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 | $522,761 |
| Total liabilities | $33,529,168 |
| Net assets without donor restrictions | $104,350,497 |
| Net assets with donor restrictions | $14,483,920 |
| 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 | $152,363,585 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Ohio Masonic Home has recieved totaling $141,227.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: SOCIAL SERVICES | $134,597 |
Ancient Accepted Scottish Rite Of Free Masonry Nmj Dayton, OH PURPOSE: GENERAL SUPPORT | $6,630 |
Endowment Analysis
| Beg. Balance | $244,621,321 |
| Earnings | $34,783,508 |
| Net Contributions | $228,103 |
| Other Expense | $12,017,800 |
| Ending Balance | $267,615,132 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Evergreens Fort Washington, PA | $100,353,926 | $21,284,774 |
Sunset Retirement Communities Inc Toledo, OH | $108,190,573 | $24,563,176 |
Brethren Retirement Community Greenville, OH | $42,948,048 | $21,022,668 |
Artman Lutheran Home Ambler, PA | $58,762,001 | $19,567,052 |
Presbyterian Homes And Services Of Ky Inc Louisville, KY | $21,197,492 | $21,992,512 |
Friendship Village Of Columbus Ohio Inc Columbus, OH | $29,113,635 | $19,234,809 |
Trinity Continuing Care Services Indiana Inc Farmington Hills, MI | $52,731,208 | $17,209,435 |
Swiss Village Inc Berne, IN | $36,821,357 | $17,319,920 |
South Franklin Circle Chagrin Falls, OH | $119,628,647 | $17,611,481 |
Bethlen Home Of The Hungarian Reformed Federation Of America Ligonier, PA | $24,911,659 | $19,095,488 |
Franklin United Methodist Home Inc Franklin, IN | $75,232,007 | $21,825,584 |
Evangelical Services For The Aging Warminster, PA | $46,788,382 | $16,687,453 |