Infrastructure Masons Inc
- Assets
- $880.3k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Beaverton, OR
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-3847379
Organization Overview
Infrastructure Masons Inc is located in Beaverton, OR. The organization was established in 2016. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Infrastructure Masons Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infrastructure Masons Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Infrastructure Masons Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 21.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
"IMASONS' VISION IS TO "UNITE THE BUILDERS OF THE DIGITAL AGE." OUR MISSION IS TO: 1.CREATE THE PLATFORM FOR MEMBERS TO CONNECT, GROW AND GIVE BACK 2.BRIDGE THE TALENT GAP"
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZING MEETINGS,FOR MEMBERS TO MEET, DISCUSS, AND ADVANCE INDUSTRY ISSUES.
MANAGING A SCHOLARSHIP PROGRAM TO ENCOURAGE PEOPLE TO GET THE TRAINING THEY NEED TO ENTER OUR INDUSTRY, AND RAISING MONEY FOR SCHOLARSHIPS.
MANAGING AN ON-LINE MEMBER COLLABORATION PLATFORM TO ENABLE PEOPLE IN OUR INDUSTRY TO CONNECT, GROW, AND GIVE BACK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Nelson Chairman | OfficerTrustee | 5 | $0 |
Oliver Jones Secretary | OfficerTrustee | 0.5 | $0 |
Maricel Cerruti Treasurer | OfficerTrustee | 0.5 | $0 |
Princina Stone Director | Trustee | 0.25 | $0 |
Julie Albright Director | Trustee | 0.25 | $0 |
Jeff Omelchuck Executive Di | Officer | 40 | $245,696 |
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 | $180,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,000 |
| Total Program Service Revenue | $1,786,702 |
| Investment income | $108 |
| 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 | $32 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,966,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,000 |
| 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. | $245,696 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $476,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $172,200 |
| Fees for services: Legal | $43,026 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $345,149 |
| Advertising and promotion | $116,961 |
| Office expenses | $15,715 |
| Information technology | $40,599 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $197,864 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $403,364 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,636 |
| Insurance | $2,060 |
| All other expenses | $0 |
| Total functional expenses | $2,316,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,647 |
| Savings and temporary cash investments | $368,898 |
| Pledges and grants receivable | $35,764 |
| Accounts receivable, net | $150,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,149 |
| Prepaid expenses and deferred charges | $15,431 |
| Net Land, buildings, and equipment | $11,614 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $104,838 |
| Total assets | $880,341 |
| Accounts payable and accrued expenses | $73,097 |
| 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 | $105,000 |
| Total liabilities | $178,097 |
| Net assets without donor restrictions | $0 |
| 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 | $702,244 |
| Total liabilities and net assets/fund balances | $880,341 |
Grants Awarded
Over the last fiscal year, Infrastructure Masons Inc has awarded $203,866 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DIGITAL INFRASTRUCTURE FUTURES FDN PURPOSE: CHARITABLE | $150,000 |
AMERICAN EDUCATIONAL ASSISTANCE FDN PURPOSE: SCHOLARSHIPS | $23,481 |
INTERNATIONAL SCHOLARSHIP SERVICES PURPOSE: SCHOLARSHIPS | $30,385 |