Ancient Free & Accepted Masons Of Illinois
- Assets
- $24.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 12
- Location
- Springfield, IL
- Founding
- 07/1940
- Data as of
- 06/2023
- EIN
- 37-0154973
Organization Overview
Ancient Free & Accepted Masons Of Illinois is located in Springfield, 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 06/2023, Ancient Free & Accepted Masons Of Illinois employed 12 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Illinois 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 06/2023, Ancient Free & Accepted Masons Of Illinois generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 2.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE GRAND LODGE IS TO MANAGE AND SUPPORT FREE MASONRY FOR ILLINOIS MASONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGE AND SUPPORT FREE MASONRY WITHIN THE STATE OF ILLINOIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jackson President | OfficerTrustee | 26 | $27,577 |
David Lynch Vice President | OfficerTrustee | 15 | $0 |
Franklin Cline Secretary | OfficerTrustee | 30 | $47,727 |
Anthony Cracco Treasurer | OfficerTrustee | 12 | $6,577 |
Joseph Ferrell Senior Grand Warden | OfficerTrustee | 15 | $0 |
Auston E Gene Smith Junior Grand Warden | OfficerTrustee | 15 | $0 |
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 | $1,082,387 |
| Investment income | $284,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $174,279 |
| Net Gain/Loss on Asset Sales | $67,072 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,493 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,645,156 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $447,846 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,549 |
| Payroll taxes | $33,817 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,725 |
| Fees for services: Accounting | $13,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,893 |
| Fees for services: Other | $1,886 |
| Advertising and promotion | $0 |
| Office expenses | $125,546 |
| Information technology | $51,946 |
| Royalties | $0 |
| Occupancy | $23,676 |
| Travel | $241,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $166,130 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,517 |
| Insurance | $16,517 |
| All other expenses | $34,543 |
| Total functional expenses | $1,620,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,217,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $132,755 |
| Accounts receivable, net | $21,213 |
| 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 | $8,854 |
| Net Land, buildings, and equipment | $1,823,292 |
| Investments—publicly traded securities | $21,086,403 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,290,403 |
| Accounts payable and accrued expenses | $10,992,486 |
| Grants payable | $0 |
| Deferred revenue | $216,704 |
| 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 | $11,209,190 |
| Net assets without donor restrictions | $13,081,213 |
| 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 | $24,290,403 |