Medinah Shriners is located in Addison, IL. The organization was established in 1940. 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. As of 12/2021, Medinah Shriners employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Medinah Shriners 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 12/2021, Medinah Shriners generated $857.0k 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 (9.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER BROTHERHOOD AND MUTUAL BENEFITS AMONGST ITS MEMBERS AND TO PROMOTE SHRINE PHILANTHROPHY FOR SHRINERS CHILDRENS' HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Sassaman Recorder | Officer | 36 | $34,808 |
George Stimac Potentate | Officer | 2 | $0 |
Tracy Burcham Chief Rabban | Officer | 2 | $0 |
Jay Alfirevic Assistant Rabban | Officer | 2 | $0 |
Eric Keating Treasurer | Officer | 2 | $0 |
Frank Palella High Priest And Prophet | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $248,506 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $73,407 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $321,913 |
Total Program Service Revenue | $0 |
Investment income | $281,922 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $121,909 |
Net Gain/Loss on Asset Sales | $3,068 |
Net Income from Fundraising Events | $10,214 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $11,675 |
Miscellaneous Revenue | $0 |
Total Revenue | $857,016 |
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. | $41,811 |
Compensation of current officers, directors, key employees. | $41,811 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $83,414 |
Pension plan accruals and contributions | $39,039 |
Other employee benefits | $15,366 |
Payroll taxes | $10,057 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $22,312 |
Fees for services: Other | $0 |
Advertising and promotion | $41,957 |
Office expenses | $53,958 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $258,349 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $90,689 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $37,430 |
Insurance | $68,321 |
All other expenses | $16,346 |
Total functional expenses | $1,008,291 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,519,831 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $53,621 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $134,497 |
Inventories for sale or use | $55,016 |
Prepaid expenses and deferred charges | $62,476 |
Net Land, buildings, and equipment | $492,127 |
Investments—publicly traded securities | $8,277,765 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $128,629 |
Total assets | $10,723,962 |
Accounts payable and accrued expenses | $13,910 |
Grants payable | $0 |
Deferred revenue | $209,194 |
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 | $332,371 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $42,827 |
Total liabilities | $598,302 |
Net assets without donor restrictions | $9,596,174 |
Net assets with donor restrictions | $529,486 |
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 | $10,723,962 |
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 |
Ancient Free & Accepted Masons Of Iowa Cedar Rapids, IA | $9,089,840 | $1,661,823 |
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 |