Free & Accepted Masons Of Alabama is located in Millbrook, AL. The organization was established in 1971. 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 09/2022, Free & Accepted Masons Of Alabama employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Free & Accepted Masons Of Alabama 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 09/2022, Free & Accepted Masons Of Alabama generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $862.3k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MASONIC LODGE FRATERNAL AND CHARITABLE ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL AND CHARITABLE ACTIVITIES FOR MEMBERSHIP OF APPROXIMATELY 30,000 MASONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Zachary Allen Holmes Grand Treasurer | Officer | 10 | $0 |
Teddy R Grogan Grand Secretary | Officer | 40 | $64,851 |
Andrew Hill Barnett Junior Grand Warden | Officer | 10 | $0 |
Richard Allen Schultz Junior Grand Warden/senior | Officer | 10 | $0 |
Michael Lees Boyles Senior Grand Warden/ Deput | Officer | 10 | $0 |
Richard Carl Beck Deputy Grand Master/grand | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $43,641 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,641 |
Total Program Service Revenue | $164,167 |
Investment income | $624,562 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $20,988 |
Net Gain/Loss on Asset Sales | $442,845 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$360 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,296,233 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $185,299 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $102,743 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $110,735 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $25,113 |
Payroll taxes | $13,843 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $46,071 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $80,193 |
Advertising and promotion | $0 |
Office expenses | $17,661 |
Information technology | $17,556 |
Royalties | $0 |
Occupancy | $28,632 |
Travel | $649 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,080 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $21,994 |
All other expenses | $41,313 |
Total functional expenses | $862,309 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,985,563 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $151,634 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $36,740 |
Prepaid expenses and deferred charges | $3,449 |
Net Land, buildings, and equipment | $313,236 |
Investments—publicly traded securities | $16,147,790 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,372,162 |
Total assets | $21,010,574 |
Accounts payable and accrued expenses | $202,393 |
Grants payable | $0 |
Deferred revenue | $154,118 |
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 | $356,511 |
Net assets without donor restrictions | $20,654,063 |
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 | $21,010,574 |