Ancient Free & Accepted Masons Of North Carolina Grand Lodge
- Assets
- $6.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Raleigh, NC
- Founding
- 07/1941
- Data as of
- 12/2021
- EIN
- 56-0228750
Organization Overview
Ancient Free & Accepted Masons Of North Carolina Grand Lodge is located in Raleigh, NC. The organization was established in 1941. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Ancient Free & Accepted Masons Of North Carolina Grand Lodge employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of North Carolina Grand Lodge 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 12/2021, Ancient Free & Accepted Masons Of North Carolina Grand Lodge generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ancient Free & Accepted Masons Of North Carolina Grand Lodge has awarded 23 individual grants totaling $347,469. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MANAGE THE ACTIVITIES OF INDIVIDUAL MASONS IN NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT FOR NC MASONS INCLUDING DISTRICT AND ANNUAL MEETINGS, PUBLICATIONS, AND GIFTS TO MASONIC CHARITIES.
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 |
|---|---|---|---|
Jonathan A Underwood Grand Secretary | OfficerTrustee | 40 | $68,123 |
R David Wicker Jr Grand Master | OfficerTrustee | 1 | $0 |
Larry B Thompson Jr Deputy Grand Master | OfficerTrustee | 1 | $0 |
Lewis R Ledford Grand Treasurer | OfficerTrustee | 1 | $0 |
Kevan D Frazier Senior Grand Warden | OfficerTrustee | 1 | $0 |
Donald E Kehler Junior Grand Warden | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $931,519 |
| 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 | $931,519 |
| Total Program Service Revenue | $0 |
| Investment income | $61,635 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,304 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,879 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,136,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,731 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,713 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,668 |
| Pension plan accruals and contributions | $10,077 |
| Other employee benefits | $30,478 |
| Payroll taxes | $19,593 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,218 |
| Advertising and promotion | $0 |
| Office expenses | $108,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,304 |
| Travel | $25,801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,729 |
| Insurance | $0 |
| All other expenses | $15,996 |
| Total functional expenses | $1,043,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,527 |
| Savings and temporary cash investments | $564,939 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,087 |
| 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 | $16,672 |
| Net Land, buildings, and equipment | $779,262 |
| Investments—publicly traded securities | $4,562,036 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,023,523 |
| Accounts payable and accrued expenses | $167,348 |
| 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 | $167,348 |
| Net assets without donor restrictions | $1,946,694 |
| Net assets with donor restrictions | $3,909,481 |
| 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 | $6,023,523 |
Grants Awarded
Over the last fiscal year, Ancient Free & Accepted Masons Of North Carolina Grand Lodge has awarded $53,250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: SUPPORTED ORGANIZATION | $28,250 |
Raleigh, NC PURPOSE: SUPPORTED ORGANIZATION | $12,500 |
Greensboro, NC PURPOSE: SUPPORTED ORGANIZATION | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ancient Free & Accepted Masons Of North Carolina Grand Lodge has recieved totaling $602,217.
| Awarding Organization | Amount |
|---|---|
Ancient Free & Accepted Masons Of North Carolina Raleigh, NC PURPOSE: SUPPORTED ORGANIZATION | $589,717 |
Ancient Free & Accepted Masons Of North Carolina Grand Lodge Raleigh, NC PURPOSE: SUPPORTED ORGANIZATION | $12,500 |
Endowment Analysis
| Beg. Balance | $3,511,963 |
| Earnings | $426,112 |
| Admin Expense | $140,959 |
| Net Contributions | $112,365 |
| Ending Balance | $3,909,481 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vse Employee Health And Welfare Plan Alexandria, VA | $9,818,084 | $7,613,763 |
Grand Boule Of The Sigma Pi Phi Fraternity Group Return Atlanta, GA | $9,949,734 | $8,607,206 |
Ancient Free & Accepted Masons Of North Carolina Raleigh, NC | $44,515,601 | $8,678,233 |
National Concrete Masonry Associati Herndon, VA | $4,777,436 | $4,242,642 |
Shriners International Atlanta, GA | $11,582,614 | $4,459,948 |
Ancient Egyptian Arabic Order Nobles Mystic Shrine Of N & S Amer Memphis, TN | $1,027,204 | $3,005,929 |
Oasis Shriners Charlotte, NC | $4,582,189 | $2,116,133 |
Fraternal Order Of Eagles Winchester, VA | $3,748,550 | $2,415,812 |
Grand Boule Of The Sigma Pi Phi Fraternity Atlanta, GA | $4,330,483 | $3,084,702 |
Morningside Masonic Temple Corporation Atlanta, GA | $0 | $704,676 |
Fraternal Order Of Eagles Fredericksburg, VA | $5,326,667 | $1,322,615 |
Oasis Shriners Group Return Charlotte, NC | $3,894,865 | $1,315,619 |