Colorado Masons Benevolent Fund Association
- Assets
- $9.4m
- Revenue
- $83.3k
- Investments
- $9.2m
- Employees
- 0
- Location
- Littleton, CO
- Founding
- 05/1920
- Data as of
- 10/2022
- EIN
- 84-0406813
Organization Overview
Colorado Masons Benevolent Fund Association is located in Littleton, CO. The organization was established in 1920. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Masons Benevolent Fund Association 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 10/2022, Colorado Masons Benevolent Fund Association generated $83.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $368.7k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Colorado Masons Benevolent Fund Association has awarded 641 individual grants totaling $3,529,410. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL ASSISTANCE TO DISTRESSED COLORADO MASONS AS WELL AS TO PROVIDE SCHOLARSHIPS AWARDS TO QUALIFIED GRADUATED HIGH SCHOOL SENIOR TO ATTEND COLLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph E Hardy Presdent | 10 | $0 | |
Ronald Birely Vice President | 5 | $0 | |
John Harrinton Asst Secretarytreasurer | 0 | $0 | |
Marvin Feldman Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,008 |
| Capital Gain Net Income | $12,008 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,961 |
| Total Revenue | $83,269 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $73,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,311 |
| Depreciation | $0 |
| Occupancy | $632 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,324 |
| Total operating and administrative expenses | $108,467 |
| Contributions, gifts, grants paid | $260,265 |
| Total expenses and disbursements | $368,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,568 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $89,034 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $65,191 |
| Total assets | $9,440,850 |
| Accounts payable and accrued expenses | $1,230 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $761 |
| Total liabilities | $1,991 |
Grants Awarded
Over the last fiscal year, Colorado Masons Benevolent Fund Association has awarded $260,265 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Golden, CO PURPOSE: SCHOLARSHIP | $25,000 |
UNIVERSITY OF COLORADO COLO SPRINGS PURPOSE: SCHOLARSHIP | $21,250 |
NEW FRONTIER 134 PURPOSE: BENEVOLENCE | $18,900 |
COLORADO STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $18,250 |
CENTURY 190 PURPOSE: BENEVOLENCE | $18,100 |
UNIVERSITY OF NORTHERN COLORADO PURPOSE: SCHOLARSHIP | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dyno Nobel Inc & Distributors Veba 2 Phoenix, AZ | $2,671,529 | $20,358,521 |
Hbg Flatiron Inc Broomfield, CO | $11,095,153 | $20,130,998 |
Assured Life Association Greenwood Village, CO | $58,347,375 | $10,289,844 |
W S A Fraternal Life Westminster, CO | $40,518,457 | $2,411,043 |
Scottish Rite Foundation Denver, CO | $37,704,186 | $2,276,777 |
Ancient & Accepted Scottish Rite Of Free Masonry So Juris Usa Omaha, NE | $7,732,997 | $821,913 |
Benevolent & Protective Order Of Elks Of The Usa Phoenix, AZ | $4,666,676 | $781,201 |
Benevolent & Protective Order Of Elks Of The Usa St George, UT | $892,991 | $554,266 |
Order Of The Eastern Star Of Nebraska Grand Chapter Lincoln, NE | $9,354,059 | $559,109 |
Order Of The Eastern Star Of Arizona Grand Chapter Phoenix, AZ | $19,893,457 | $1,176,295 |
Benevolent & Protective Order Of Elks Of The Usa Phoenix, AZ | $2,126,503 | $538,995 |
Benevolent & Protective Order Of Elks Of The Usa Mesa, AZ | $1,785,336 | $647,208 |