Ancient Accepted Scottish Rite Of Free Masonry Nmj, operating under the name Valley of Akron, is located in Cuyahoga Falls, OH. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 07/2022, Valley of Akron employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Valley of Akron 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 07/2022, Valley of Akron generated $220.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $90.5k during the year ending 07/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHEN THE MASONIC WAY OF LIFE BY IMPROVING THE INDIVIDUAL CHARACTER, LEADERSHIP AND SPIRIT OF MEMBERS WITH RELEVANT PROGRAMS; INSPIRE MEN TO SUPPORT THE PRINCIPALS OF FREEMASONRY; PROMOTE FAMILY AND COMMUNITY VALUES; SERVE MANKIND WITH CHARITABLE OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO INDIVIDUALS
CHARITABLE OUTREACH
SUPPORT CHILDREN'S LEARNING CENTERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George E Tilden Secretary | Officer | 20 | $15,500 |
Floyd Styer Treasurer | Officer | 3 | $2,100 |
Gloria J Tilden Clerical Assistant | Officer | 5 | $1,290 |
David Ferris Rite Lite Editor | Officer | 2 | $1,200 |
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 | $12,147 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,147 |
Total Program Service Revenue | $50,061 |
Investment income | $158,350 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $220,558 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,194 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $20,090 |
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 | $2,349 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $272 |
Office expenses | $11,541 |
Information technology | $632 |
Royalties | $0 |
Occupancy | $17,277 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,771 |
Interest | $19,298 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $563 |
All other expenses | $0 |
Total functional expenses | $90,465 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,652 |
Savings and temporary cash investments | $95,640 |
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 | $0 |
Investments—publicly traded securities | $1,905,144 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,049,436 |
Accounts payable and accrued expenses | $278 |
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 | $278 |
Net assets without donor restrictions | $166,841 |
Net assets with donor restrictions | $1,882,317 |
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 | $2,049,436 |
Beg. Balance | $1,374,615 |
Earnings | $444,643 |
Net Contributions | $3,630 |
Other Expense | $31,822 |
Ending Balance | $1,791,066 |
Organization Name | Assets | Revenue |
---|---|---|
Alliance Of Transylvania Saxons Of Us Cleveland, OH | $101,451,991 | $9,280,239 |
Serb National Federation Pittsburgh, PA | $50,402,981 | $6,645,334 |
Fraternal Order Of Police Philadelphia, PA | $3,187,559 | $6,876,497 |
Providence Assn Of Ukrainian Catholics Of Amer Philadelphia, PA | $55,075,663 | $6,983,514 |
Health & Welfare Fund Of The Plumbers & Steamfitters Local Canfield, OH | $14,266,542 | $8,803,996 |
Polish Falcons Of America Pittsburgh, PA | $40,676,015 | $5,977,879 |
Roofers Union Local No 70 Insurance Fund Howell, MI | $7,053,846 | $5,313,300 |
American Mutual Life Association Cleveland, OH | $46,869,971 | $5,047,375 |
Artisans Order Of Mutual Protection Most Excellent Assembly Philadelphia, PA | $35,098,692 | $3,365,313 |
Polish Beneficial Association Philadelphia, PA | $0 | $2,210,610 |
Fraternal Order Of Police Cincinnati, OH | $5,906,544 | $2,682,795 |
Polish National Union Of America Scranton, PA | $26,639,305 | $1,860,414 |