Most Worshipful Prince Hall Grand Lodge Of Virginia F & A Masons Inc
- Assets
- $3.0m
- Revenue
- $608.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Richmond, VA
- Founding
- 12/1995
- Data as of
- 06/2023
- EIN
- 54-0289473
Organization Overview
Most Worshipful Prince Hall Grand Lodge Of Virginia F & A Masons Inc is located in Richmond, VA. The organization was established in 1995. 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. As of 06/2023, Most Worshipful Prince Hall Grand Lodge Of Virginia F & A Masons Inc employed 8 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Most Worshipful Prince Hall Grand Lodge Of Virginia F & A Masons Inc 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 06/2023, Most Worshipful Prince Hall Grand Lodge Of Virginia F & A Masons Inc generated $608.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $513.6k during the year ending 06/2023. 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
FRATERNAL ORGANIZATION THAT PROVIDES BENEFITS TO MEMBERS, LODGES, YOUTH, CHARITY, SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MWPH PROVIDES SERVICES TO MEMBERS, DONATIONS, AND SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Wilson Mwgm | Trustee | 2 | $11,180 |
Beverly Morgan Rwdgm | Trustee | 2 | $0 |
George Cutler Rwsgd | Trustee | 2 | $0 |
Rendell Briggs Rwgt | Trustee | 8 | $9,000 |
Stevie Gray Rwgs | Trustee | 8 | $13,820 |
Larry Christia Mwphm | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $400,763 |
| 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 | $400,763 |
| Total Program Service Revenue | $485,574 |
| Investment income | -$277,763 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $608,574 |
| 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 | $208,424 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $93,902 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,820 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $863 |
| Advertising and promotion | $0 |
| Office expenses | $26,828 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,484 |
| Travel | $30,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,361 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,729 |
| All other expenses | $0 |
| Total functional expenses | $513,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,459 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,795 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,380 |
| Prepaid expenses and deferred charges | $77,800 |
| Net Land, buildings, and equipment | $905,307 |
| Investments—publicly traded securities | $1,561,649 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,025,390 |
| 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 | $1,536,418 |
| Net assets with donor restrictions | $1,488,972 |
| 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 | $3,025,390 |