Free And Accepted Masons Of Indiana
- Assets
- $43.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Speedway, IN
- Founding
- 02/1957
- Data as of
- 11/2021
- EIN
- 35-0813449
Organization Overview
Free And Accepted Masons Of Indiana is located in Speedway, IN. The organization was established in 1957. 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. Free And Accepted Masons Of Indiana 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 11/2021, Free And Accepted Masons Of Indiana generated $18.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $25.1k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FREEMASONRY IS A FRATERNITY OF MEN DEDICATED TO A HIGHER MORAL STANDARD, TO THEIR FAMILIES AND TO THE COMMUNITY. FREEMASONRY SEEKS TO TAKE GOOD MEN AND MAKE THEM BETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ross Secretary | 7 | $2,400 | |
Tim Poe Worshipful Master | 4 | $0 | |
Christopher Schneider Trustee | 1 | $0 | |
Richard Condre Treasurer | 1 | $0 | |
Jason Fortune Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,091 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,052 |
| Investment income | $151 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,294 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,419 |
| Professional fees and other payments to independent contractors | $321 |
| Occupancy, rent, utilities, and maintenance | $10,894 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,438 |
| Total expenses | $25,072 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,045 |
| Other assets | $0 |
| Total assets | $43,045 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,045 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Masonic Temple Association Of Lexington Lexington, KY | $2,312,779 | $4,567,232 |
Servco-Aer Employees Health And Welfare Benefit Tr Madison, WI | $3,372,592 | $2,384,758 |
Free & Accepted Masons Of Indiana Grand Lodge Indianapolis, IN | $7,665,885 | $1,746,893 |
Cement Masons Union Local 502 Bellwood, IL | $5,592,498 | $2,020,391 |
Ancient Free & Accepted Masons Of Illinois Springfield, IL | $22,709,739 | $1,560,369 |
Grand Lodge Of Kentucky Free And Accepted Masons Louisville, KY | $14,214,526 | $2,084,454 |
Shriners International St Louis, MO | $4,009,545 | $872,837 |
Kosair Shriners Louisville, KY | $8,893,467 | $972,982 |
Murat Shriners Indianapolis, IN | $9,915,581 | $1,836,990 |
Medinah Shriners Addison, IL | $10,723,962 | $857,016 |
Fraternal Order Of Eagles Alexandria, IN | $2,463,541 | $782,282 |
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