Garden Grove Masonic Building Association
- Assets
- $375.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garden Grove, CA
- Founding
- Data as of
- 12/2021
- EIN
- 51-0209945
Organization Overview
Garden Grove Masonic Building Association is located in Garden Grove, CA. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garden Grove Masonic Building Association is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Garden Grove Masonic Building Association generated $47.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $46.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 3 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE COMMUNITY MEETING SPACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlan Stolan CFO | 2 | $0 | |
Emanuel Branzai Secretary | 2 | $0 | |
Ioan Simionescu President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $47,794 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,794 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $753 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,570 |
| Total expenses | $46,323 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,068 |
| Other assets | $0 |
| Total assets | $375,137 |
| Total liabilities | $68,865 |
| Net assets or fund balances | $306,272 |
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