The Ohio Masonic Home
- Assets
- $134.1m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 42
- Location
- Springfield, OH
- Founding
- 04/1941
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, Ohio Masonic Home generated $11.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $9.5m during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 9 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
AT THE OHIO MASONIC COMMUNITIES, WE LIVE OUR MASONIC VALUES BY SERVING AS THE TRUSTED PARTNER TO HELP OUR COMMUNITIES THRIVE.
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 OUR COMMUNITIES THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Connelly Chairman | OfficerTrustee | 1 | $0 |
Terry Posey 1st Vice Chairman | OfficerTrustee | 1 | $0 |
Randy Williams Treasurer | OfficerTrustee | 1 | $0 |
Gary Williams MD Secretary | OfficerTrustee | 1 | $0 |
Kevin Todd 2nd Vice Chairman | OfficerTrustee | 1 | $0 |
David Collins Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Independence Construction Construction | 12/30/23 | $12,058,132 |
Dataserv Integrations Llc It Support | 12/30/23 | $924,789 |
Absolute Rehabilitation Rehabilitation | 12/30/23 | $513,607 |
Cirrus Concept Consulting Consulting | 12/30/23 | $400,478 |
Remedi Senior Care Of Ohio Llc Therapy | 12/30/23 | $331,227 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $506,548 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,029,012 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,535,560 |
| Total Program Service Revenue | $6,477,004 |
| Investment income | $1,840,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $51,058 |
| Net Gain/Loss on Asset Sales | $1,496,064 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,786,275 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,750 |
| Grants and other assistance to domestic individuals. | $56,092 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,037,068 |
| Compensation of current officers, directors, key employees. | $570,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,781,769 |
| Pension plan accruals and contributions | $76,604 |
| Other employee benefits | $1,027,765 |
| Payroll taxes | $186,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,952 |
| Fees for services: Accounting | $127,228 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $349,112 |
| Fees for services: Other | $1,558,621 |
| Advertising and promotion | $117,849 |
| Office expenses | $570,788 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $872,981 |
| Travel | $181,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $220,321 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,606,161 |
| Insurance | $672,069 |
| All other expenses | -$2,468,013 |
| Total functional expenses | $9,545,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $701,110 |
| Pledges and grants receivable | $961,874 |
| Accounts receivable, net | $33,969,656 |
| 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 | $787,515 |
| Net Land, buildings, and equipment | $30,228,947 |
| Investments—publicly traded securities | $58,844,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,571,376 |
| Total assets | $134,064,617 |
| Accounts payable and accrued expenses | $2,321,226 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $24,291,903 |
| 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 | $1,271,550 |
| Total liabilities | $27,884,679 |
| Net assets without donor restrictions | $90,768,690 |
| Net assets with donor restrictions | $15,411,248 |
| 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 | $134,064,617 |