Free & Accepted Masons Of Louisiana Grand Lodge
- Assets
- $21.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 7
- Location
- Alexandria, LA
- Founding
- 10/1940
- Data as of
- 09/2023
- EIN
- 72-0189107
Organization Overview
Free & Accepted Masons Of Louisiana Grand Lodge is located in Alexandria, LA. The organization was established in 1940. 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 09/2023, Free & Accepted Masons Of Louisiana Grand Lodge employed 7 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Free & Accepted Masons Of Louisiana 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 09/2023, Free & Accepted Masons Of Louisiana Grand Lodge generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2023. 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 SERVING IT'S MEMBERSHIP WITH VARIOUS 501(C) 3 PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL ORGANIZATION SERVING IT'S MEMBERSHIP WITH VARIOUS 501(C) 3 PURPOSES.
FRATERNAL ORGANIZATION SERVING IT'S MEMBERSHIP WITH VARIOUS 501(C) 3 PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Pence Grand Secret | Officer | 40 | $50,856 |
Jimmie Dean Dunkin Grand Master | Officer | $0 | |
Larry Plaisance Deputy Grand | Officer | $0 | |
Charles Smith Grand Treasu | Officer | $0 |
Financial Statements
| 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 | $1,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,900 |
| Total Program Service Revenue | $606,963 |
| Investment income | $1,174,693 |
| 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 | $1,794,452 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $50,856 |
| Compensation of current officers, directors, key employees. | $50,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,324 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,939 |
| Payroll taxes | $16,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,712 |
| Fees for services: Accounting | $44,099 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $21,807 |
| Royalties | $0 |
| Occupancy | $39,000 |
| Travel | $53,800 |
| 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 | $42,097 |
| Insurance | $0 |
| All other expenses | $333,207 |
| Total functional expenses | $1,330,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $353,553 |
| Savings and temporary cash investments | $87,357 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $47,051 |
| Prepaid expenses and deferred charges | $2,929 |
| Net Land, buildings, and equipment | $930,814 |
| Investments—publicly traded securities | $20,435,544 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,117 |
| Total assets | $21,872,300 |
| Accounts payable and accrued expenses | $12,367 |
| 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 | $624,477 |
| Total liabilities | $636,844 |
| Net assets without donor restrictions | $18,002,895 |
| Net assets with donor restrictions | $3,232,561 |
| 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 | $21,872,300 |