Ancient Free & Accepted Masons Of West Virginia Most Worshipful
- Assets
- $27.0m
- Revenue
- $3.7m
- Investments
- $13.1m
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 01/1941
- Data as of
- 06/2023
- EIN
- 55-0368204
Organization Overview
Ancient Free & Accepted Masons Of West Virginia Most Worshipful is located in Charleston, WV. The organization was established in 1941. According to its NTEE Classification (Y40) the organization is classified as: Fraternal 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. Ancient Free & Accepted Masons Of West Virginia Most Worshipful 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, Ancient Free & Accepted Masons Of West Virginia Most Worshipful generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $837.1k 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
FOSTER BROTHERHOOD AND MUTUAL BENEFIT AMONG ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER BROTHERHOOD AND MUTUAL BENEFIT AMONG ITS MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale C Wanner Grand Secretary | OfficerTrustee | 37 | $0 |
David R Holt Grand Treasurer | OfficerTrustee | 3 | $0 |
Owen G Bragg Vice President | OfficerTrustee | 2 | $0 |
Charles A Louk President | OfficerTrustee | 2 | $0 |
George W Alwin Member | Trustee | 2 | $0 |
William L Turner Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $343,774 |
| Fundraising events | $0 |
| Related organizations | $108,577 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,063 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $512,414 |
| Total Program Service Revenue | $5,846 |
| Investment income | $1,390,709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,712,010 |
| Net Rental Income | $116,197 |
| 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 | $3,742,830 |
| 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 | $305,852 |
| Compensation of current officers, directors, key employees. | $25,167 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,678 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,769 |
| Payroll taxes | $4,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,858 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $174,087 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,237 |
| Information technology | $24,944 |
| Royalties | $0 |
| Occupancy | $27,646 |
| Travel | $60,600 |
| 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 | $11,733 |
| Insurance | $20,886 |
| All other expenses | $0 |
| Total functional expenses | $837,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,022 |
| Savings and temporary cash investments | $169,764 |
| 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 | $63,362 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,222,229 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,085,629 |
| Investments—program-related | $11,245,355 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,005,361 |
| 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 | $27,005,361 |
| 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 | $27,005,361 |