Royal Arch Masons Of Illinois Grand Chapter

Organization Overview

Royal Arch Masons Of Illinois Grand Chapter is located in Bloomington, IL. The organization was established in 1940. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Royal Arch Masons Of Illinois Grand Chapter is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.

For the year ending 06/2022, Royal Arch Masons Of Illinois Grand Chapter generated $137.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $96.1k during the year ending 06/2022. While expenses have increased by 18.6% per year over the past 6 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.

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; PRESERVE THE TRADITIONS AND MASONIC HERITAGE IN ILLINOIS AS REPRESENTED BY THE ROYAL ARCH CHAPTER; TO SUPPORT THE SUBORDINATE CHAPTERS IN ILLINOIS THROUGH EDUCATION, PROGRAMS, AND ACTIVITIES; SUSTAIN THE PRINCIPLES OF FREEMASONRY THROUGH OUR RITUALISTIC WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PERSERVE THE TRADITIONS AND MASONIC HERITAGE IN ILLINOIS AS REPRESENTED BY THE ROYAL ARCH CHAPTER.


TO SUPPORT THE SUBORDINATE CHAPTERS IN ILLINOIS THROUGH RELEVANT EDUCATIONAL AND INSPIRATIONAL PROGRAMS AND ACTIVITIES; FURTHERING YORK RITE FREEMASONRY AS TAUGHT THROUGH THE ROYAL ARCH DEGREE.


TO SUSTAIN THE PRINCIPLES OF FREEMASONRY AND STRENGTHEN INDIVIDUAL CHARACTER AND THE MASONIC WAY OF LIFE THROUGH OUR RITUALISTIC WORK, EDUCATIONAL PROGRAMS, AND FELLOWSHIP OPPORTUNITIES.


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Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$107,339
Investment income $31,430
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 -$855
Miscellaneous Revenue$0
Total Revenue $137,914

Endowment Analysis

Beg. Balance$619,432
Earnings-$63,790
Admin Expense$360
Net Contributions$78,125
Other Expense$6,304
Ending Balance$627,103

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