Ancient Accepted Scottish Rite Of Free Masonry Nmj
- Assets
- $13.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 23
- Location
- Indianapolis, IN
- Founding
- 12/1940
- Data as of
- 04/2023
- EIN
- 35-0146560
Organization Overview
Ancient Accepted Scottish Rite Of Free Masonry Nmj is located in Indianapolis, IN. 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 04/2023, Ancient Accepted Scottish Rite Of Free Masonry Nmj employed 23 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Accepted Scottish Rite Of Free Masonry Nmj 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 04/2023, Ancient Accepted Scottish Rite Of Free Masonry Nmj generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $2.4m during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. 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
FRATERNAL ORGANIZATION PROVIDING ACTIVITIES AND PROGRAMS TO ENCOURAGE MEMBERS TO SERVE THEIR COMMUNITIES, DEMONSTRATE THEIR REVERENCE FOR GOD AND TO PROVIDE INSPIRATIONAL PROGRAMS FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTING OF FRATERNAL EVENTS FOR MEMBERS DESIGNED TO REINFORCE THE EXEMPT PURPOSES OF THE ORGANIZATION AND INSPIRE MEMBERS TO SUPPORT THE EDUCATIONAL,RELIGIOUS AND FRATERNAL GOALS.
OPERATING A MEMBERSHIP DEVELOPMENT AND RETENTION PROGRAM THROUGH A SERIES OF LOCAL AND CENTRALIZED PROGRAMS TO REINFORCE THE MISSION OF THE ORGANIZATION AND BENEFITS OF MEMBERSHIP TO INSPIRE MEMBERS TO RENEW THEIR MEMBERSHIP AND OTHERS TO JOIN.
HOST MEMBER REUNIONS AND CEREMONIES TO RENEW COMMITMENT TO THE ORGANIZATION AND BRING NEW MEMBERS INTO THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas A Fallis Executive Director, Secretary | OfficerTrustee | 35 | $58,093 |
Robert D Heuchan Chair | OfficerTrustee | 5 | $0 |
James C Strauss Vice Chair | OfficerTrustee | 5 | $0 |
Don R Reynolds Treasurer | OfficerTrustee | 3 | $0 |
Jarrett B Hill Board Member | Trustee | 3 | $0 |
William J Ludlow Board Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Caterers Of Distinction Inc Catering | 4/29/15 | $144,039 |
Phd Carpet Care Janitorial | 4/29/15 | $110,313 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $195,215 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,312 |
| Noncash contributions included in lines 1a–1f | $220,527 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,527 |
| Total Program Service Revenue | $613,807 |
| Investment income | $58,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $353,711 |
| Net Gain/Loss on Asset Sales | -$30,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,532,363 |
| 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. | $85,034 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,600 |
| Pension plan accruals and contributions | $3,328 |
| Other employee benefits | $62,694 |
| Payroll taxes | $40,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,834 |
| Office expenses | $122,954 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $539,852 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,431 |
| Interest | $747 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $360,914 |
| Insurance | $185,069 |
| All other expenses | $25,347 |
| Total functional expenses | $2,353,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,632 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,433 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,300 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,917,392 |
| Investments—publicly traded securities | $3,818,938 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,785 |
| Total assets | $13,880,480 |
| Accounts payable and accrued expenses | $101,611 |
| Grants payable | $0 |
| Deferred revenue | $883,808 |
| 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 | $144,000 |
| Other liabilities | $4,431 |
| Total liabilities | $1,133,850 |
| Net assets without donor restrictions | $12,746,630 |
| 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 | $13,880,480 |