Ancient Accepted Scottish Rite Of Free Masonry Nmj
- Assets
- $7.4m
- Revenue
- $192.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Wauwatosa, WI
- Founding
- 12/1940
- Data as of
- 07/2022
- EIN
- 39-0712390
Organization Overview
Ancient Accepted Scottish Rite Of Free Masonry Nmj, operating under the name Valley Of Milwaukee, is located in Wauwatosa, WI. 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 07/2022, Valley Of Milwaukee employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Valley Of Milwaukee 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 07/2022, Valley Of Milwaukee generated $192.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $311.7k during the year ending 07/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHEN THE MASONIC WAY OF LIFE BY IMPROVING THE INDIVIDUAL CHARACTER, LEADERSHIP, AND SPIRIT OF ITS MEMBERS THROUGH RELEVANT PROGRAM. INSPIRE MEN TO SUPPORT THE PRINCIPLES OF FREEMASONRY AND PROMOTE FAMILY AND COMMUNITY VALUES. SERVE MANKIND THROUGH THE IMPACT OF EXTENSIVE CHARITABLE OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY AND FRATERNAL EVENTS AND SERVICES: INCLUDES VARIOUS SERVICES TO MEMBERS AND THEIR GUESTS AS WELL AS EVENTS OPEN TO THE PUBLIC. THESE EVENTS INCLUDE: HOLIDAY PARTY FOR CHILDREN, OFFICER'S BANQUET, FEAST OF THE PASCHAL LAMB, REUNION BANQUET, INSTALLATION OF OFFICERS, AND OTHER SPECIAL EVENTS. OTHER SERVICES INCLUDE USE OF THE FACILITY FOR MEMBERS AND GUEST USE AT DISCOUNTS AS WELL AS RENT PAID TO OBTAIN FACILITY FOR ALL MEMBER USE.
"RITE LIGHTS" FRATERNAL PUBLICATION. PUBLICATION PROVIDED 8 TIMES PER YEAR TO MEMBERS BY MAIL. COPIES ALSO PROVIDED TO THE PUBLIC AND TO MEMBERS AT THE OFFICE. CONTENT IS FRATERNAL AND COMMUNITY ORIENTED, AND MEMBERS AND OTHER VOLUNTEERS ARE SOLICITED FOR CONTENT. ADVERTISING IS NOT CURRENTLY SOLICITED.
EDUCATION DOMANN SCHOLARSHIP AWARDS
OTHER EDUCATIONAL SCHOLARSHIP AWARDS AND COMMUNITY SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Beier Secretary | Officer | 20 | $11,000 |
Alejandro Fuentes Chapter Offi | OfficerTrustee | 1 | $0 |
Jasen Groves Council Offi | OfficerTrustee | 1 | $0 |
James Goodman Jr Lodge Office | OfficerTrustee | 1 | $0 |
Jeff Woosley Consistory O | OfficerTrustee | 1 | $0 |
Michael Kugler Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $54,664 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,580 |
| Total Program Service Revenue | $3,224 |
| Investment income | $111,236 |
| 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 | $546 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $192,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,105 |
| Grants and other assistance to domestic individuals. | $9,500 |
| 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 | $23,453 |
| Pension plan accruals and contributions | $1,956 |
| Other employee benefits | $0 |
| Payroll taxes | $1,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,939 |
| Fees for services: Other | $1,340 |
| Advertising and promotion | $0 |
| Office expenses | $7,769 |
| Information technology | $5,733 |
| Royalties | $0 |
| Occupancy | $89,568 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,005 |
| Insurance | $10,694 |
| All other expenses | $5,619 |
| Total functional expenses | $311,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,198 |
| Savings and temporary cash investments | $23,022 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $514,876 |
| Investments—publicly traded securities | $6,213,834 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $683,950 |
| Total assets | $7,447,880 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,849,398 |
| Net assets with donor restrictions | $598,482 |
| 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 | $7,447,880 |
Grants Awarded
Over the last fiscal year, Ancient Accepted Scottish Rite Of Free Masonry Nmj has awarded $54,518 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GRAND LODGE OF WISCONSIN PURPOSE: SUPPORT MEMBERSHIP | $25,000 |
Lexington, MA PURPOSE: SUPPORT ORG MISSION | $21,518 |
CHILDREN'S WISCONSIN FOUNDATION PURPOSE: GO BABY GO PROGRAM | $8,000 |
Endowment Analysis
| Beg. Balance | $683,028 |
| Earnings | -$44,377 |
| Admin Expense | $2,159 |
| Grants | $38,000 |
| Ending Balance | $598,492 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Polish Roman Catholic Union Of America Chicago, IL | $239,198,774 | $70,353,750 |
Catholic United Financial Arden Hills, MN | $1,060,682,360 | $64,273,025 |
Western Fraternal Life Association Madison, WI | $648,970,346 | $59,441,063 |
Sons Of Norway Minneapolis, MN | $334,895,080 | $46,264,264 |
Moose International Inc Mooseheart, IL | $248,875,927 | $60,547,515 |
Polish National Alliance Of The United States Of Na Chicago, IL | $443,323,344 | $41,988,128 |
National Mutual Benefit Madison, WI | $0 | $36,708,977 |
Catholic Holy Family Society Belleville, IL | $181,583,154 | $35,335,313 |
Csa Fraternal Life Lombard, IL | $138,191,807 | $24,229,439 |
Womans Life Insurance Society Port Huron, MI | $202,469,549 | $20,989,003 |
Kone Inc Moline, IL | $0 | $17,815,569 |
National Catholic Society Of Foresters Schaumburg, IL | $168,779,448 | $18,624,381 |