Free & Accepted Masons Of Nevada is located in Las Vegas, NV. The organization was established in 1969. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Free & Accepted Masons Of Nevada is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 10/2023, Free & Accepted Masons Of Nevada generated $671.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $560.2k during the year ending 10/2023. 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
A FRATERNAL ORGANIZATION WHOSE FUNDAMENTAL PHILOSOPHY IN FREEMASONRY IS TO TAKE GOOD MEN AND MAKE THEM BETTER. IMPROVEMENT OF THE INDIVIDUAL ALSO PERMEATES OUTWARD TOWARDS THE BETTERMENT OF SOCIETY AS A WHOLE. THE MASONIC ORGANIZATION SUPPORTS A WIDE ASSORTMENT OF CHARITIES, YOUTH ORGANIZATIONS, AND PUBLIC EDUCATION IN THE LAS VEGAS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL AND EDUCATIONAL BENEFITS ARE PROVIDED FOR ORGANIZATION MEMBERS AND CURRENT MEMBERS OF THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Murdoch Worshipful M | OfficerTrustee | 18 | $0 |
Dan Crowe Senior Warde | OfficerTrustee | 18 | $0 |
Nikola Ostoik Junior Warde | OfficerTrustee | 18 | $0 |
William Cary Jr Secretary | OfficerTrustee | 24 | $0 |
Christopher D West Treasurer | OfficerTrustee | 18 | $0 |
Tom Hillary 3 Yr Trustee | Trustee | 18 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $17,233 |
Investment income | $185,299 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $485,892 |
Net Gain/Loss on Asset Sales | -$18,597 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $671,907 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $14,100 |
Grants and other assistance to domestic individuals. | $73,480 |
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 | $4,000 |
Other salaries and wages | $31,350 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,440 |
Fees for services: Accounting | $46,904 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $45,411 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,912 |
Information technology | $13,212 |
Royalties | $0 |
Occupancy | $148,430 |
Travel | $30,036 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $25,689 |
Interest | $0 |
Payments to affiliates | $11,647 |
Depreciation, depletion, and amortization | $56,847 |
Insurance | $22,713 |
All other expenses | $230 |
Total functional expenses | $560,163 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $239,166 |
Savings and temporary cash investments | $395,629 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $2,599,517 |
Investments—publicly traded securities | $4,991,499 |
Investments—other securities | $0 |
Investments—program-related | $3,671,260 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,897,071 |
Accounts payable and accrued expenses | $500 |
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 | $360 |
Total liabilities | $860 |
Net assets without donor restrictions | $7,990,087 |
Net assets with donor restrictions | $3,906,124 |
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 | $11,897,071 |