Masonic Home Of Montana
- Assets
- $2.0m
- Revenue
- $934.2k
- Investments
- $0.0
- Employees
- 34
- Location
- Helena, MT
- Founding
- 09/1940
- Data as of
- 12/2022
- EIN
- 81-0231794
Organization Overview
Masonic Home Of Montana is located in Helena, MT. The organization was established in 1940. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Masonic Home Of Montana employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masonic Home Of Montana is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Masonic Home Of Montana generated $934.2k 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 (3.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
THE MASONIC HOME OF MT IS COMMITTED TO PROVIDING A SAFE AND NURTURING ENVIRONMENT TO RESIDENTS IN NEED OF QUALITY ASSISTED CARE. OUR ASSISTED LIVING PROVIDES A HOME-LIKE ENVIRONMENT THAT ENHANCES A RESIDENTS PRIVACY, DIGNITY, CHOICE, INDIVIDUALITY, AND INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RETIREMENT AND RELATED SERVICES TO MASONS AND THEIR FAMILIES AND OTHER RETIREES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Anderson Trustee | Trustee | 0 | $0 |
Kathryn Beaty Trustee | Trustee | 0 | $0 |
Lewis Smith Trustee | Trustee | 0 | $0 |
Diane Lockey Secretary | OfficerTrustee | 0 | $0 |
David Nielsen President | OfficerTrustee | 0 | $0 |
Jonathan Jackson Treasurer | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,700 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,760 |
| Total Program Service Revenue | $716,555 |
| Investment income | $7,328 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $21,751 |
| Net Rental Income | $100,288 |
| 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 | $934,191 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $696,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $53,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $943 |
| Advertising and promotion | $0 |
| Office expenses | $8,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,239 |
| Travel | $3,416 |
| 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 | $152,219 |
| Insurance | $81,542 |
| All other expenses | $0 |
| Total functional expenses | $1,171,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$16,720 |
| 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 | $35,312 |
| Net Land, buildings, and equipment | $1,159,534 |
| Investments—publicly traded securities | $690,502 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $782 |
| Total assets | $2,000,648 |
| Accounts payable and accrued expenses | $7,047 |
| Grants payable | $0 |
| Deferred revenue | $13,000 |
| 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 | $17,064 |
| Total liabilities | $37,111 |
| Net assets without donor restrictions | $1,245,106 |
| Net assets with donor restrictions | $718,431 |
| 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 | $2,000,648 |