Royal And Select Masters Of Iowa is located in Victor, IA. The organization was established in 1943. 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 And Select Masters Of Iowa 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 06/2024, Royal And Select Masters Of Iowa generated $27.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $20.5k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
FRATERNAL ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason W Delzell Grand Master | 1 | $0 | |
Brian Matthew Truex Dep Grd Master | 1 | $0 | |
Monte Lee Harris Gr Prin Con Wor | 1 | $0 | |
Paul Eugene Anderson Grand Treasurer | 1 | $1,400 | |
Tim Scott Anderson Grand Recorder | 8 | $9,000 | |
John Conrad Olsson Grand Chaplain | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $19,192 |
Investment income | $8,133 |
Gain or Loss | $558 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $27,883 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,672 |
Professional fees and other payments to independent contractors | $3,139 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,736 |
Total expenses | $20,547 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $205,846 |
Other assets | $0 |
Total assets | $208,283 |
Total liabilities | $290 |
Net assets or fund balances | $207,993 |