Washington Masonic Charities
- Assets
- $46.8m
- Revenue
- $489.0k
- Investments
- $0.0
- Employees
- 10
- Location
- University Place, WA
- Founding
- 01/1997
- Data as of
- 04/2022
- EIN
- 91-1663363
Organization Overview
Washington Masonic Charities is located in University Place, WA. The organization was established in 1997. 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 04/2022, Washington Masonic Charities employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Masonic Charities 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 04/2022, Washington Masonic Charities generated $489.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $1.4m during the year ending 04/2022. While expenses have increased by 7.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WASHINGTON MASONIC CHARITIES MISSION IS TO CREATE A CULTURE OF PHILANTROPY TO INVEST IN YOUTH AND EDUCATION, PROVIDE COMFORT AND SUPPORT FOR SENIORS AND THOSE IN NEED, AND TO PRESERVE AND SHARE THE MASONIC HERITAGE OF WASHINGTON STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH SERVICES: THIS PROGRAM'S PURPOSE IS TO ASSIST OLDER ADULTS AND ADULTS WITH FUNCTIONAL AND ACCESS NEEDS TO BE ABLE TO LIVE AT HOME OR IN THE PLACE OF THEIR CHOOSING WITH THE MAXIMUM LEVEL OF INDEPENDENCE AND DIGNITY POSSIBLE. THE PROGRAM ASSISTS INDIVIDUALS TO MAKE THE TRANSITION TO HIGHER LEVELS OF CARE BY PROVIDING PLANNING SUPPORT, INFORMATION AND REFERRAL AND CASE MANAGEMENT. IN ADDITION, THIS PROGRAM ASSISTS WITH FINANCIAL STABILIZATION PLANNING, BENEFITS ASSISTANCE, SUCH AS VA AID AND ATTENDANCE APPLICATIONS. THIS PROGRAM PROVIDES LIMITED EMERGENCY NEEDS FINANCIAL ASSISTANCE AS LONG AS FUNDING ALLOWS.
LIBRARY & MUSEUM: THE PRIMARY PROGRAM IS RESEARCH, CURATION OF THE DOCUMENTS, BOOKS, AND PHOTOGRAPHIC COLLECTIONS, AS WELL AS THE OBJECTS RELATED TO THE MASONIC HERITAGE OF WASHINGTON. THIS INCLUDES EXHIBITS, PROGRAMS AND AVAILABILITY FOR INDEPENDENT RESEARCH BY SCHOLARS AND MEMBERS OF THE PUBLIC.
CHILDREN'S PROGRAM: ENHANCES EDUCATION SUCCESS FOR YOUTH EXPERIENCING HOMELESSNESS, PROVIDES TRAINING AND SKILLS DEVELOPMENT FOR CIVILITY, SCHOLARSHIPS FOR DISADVANTAGED, DESERVING STUDENTS, AND READING INCENTIVE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Gibson Executive Director | Officer | 40 | $107,342 |
Scot Sageser President | OfficerTrustee | 2 | $0 |
Ron Horn Vice President | OfficerTrustee | 2 | $0 |
Donald Campbell (former) Secretary | OfficerTrustee | 2 | $0 |
Richard Taylor Treasurer | OfficerTrustee | 2 | $0 |
Jeremy Yielding Secretary | OfficerTrustee | 2 | $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 | $415,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,036 |
| Total Program Service Revenue | $0 |
| Investment income | $33,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,036 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $291,196 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,420 |
| Compensation of current officers, directors, key employees. | $19,085 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $537,071 |
| Pension plan accruals and contributions | $18,266 |
| Other employee benefits | $25,983 |
| Payroll taxes | $97,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $611 |
| Fees for services: Accounting | $37,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,365 |
| Fees for services: Other | $22,830 |
| Advertising and promotion | $590 |
| Office expenses | $27,876 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $108,041 |
| Travel | $28,894 |
| 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 | $0 |
| Insurance | $6,220 |
| All other expenses | $0 |
| Total functional expenses | $1,380,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $464,687 |
| Savings and temporary cash investments | $758,123 |
| 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 | $79,338 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,676,868 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,813,461 |
| Total assets | $46,792,477 |
| Accounts payable and accrued expenses | $140,960 |
| Grants payable | $0 |
| Deferred revenue | $326,242 |
| 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 | $0 |
| Total liabilities | $467,202 |
| Net assets without donor restrictions | $1,569,028 |
| Net assets with donor restrictions | $44,756,247 |
| 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 | $46,792,477 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Washington Masonic Charities has recieved totaling $405,000.
| Awarding Organization | Amount |
|---|---|
Scottish Rite Foundation Of Washington Inc Kenmore, WA PURPOSE: GENERAL SUPPORT | $376,000 |
Community Foundation Of North Central Washington Wenatchee, WA PURPOSE: Scholarships | $14,000 |
Building Changes Seattle, WA PURPOSE: COVID STATE FUND STUDENTS | $10,000 |
Building Changes Seattle, WA PURPOSE: COVID STATE FUND STUDENTS | $5,000 |
Endowment Analysis
| Beg. Balance | $1,600,263 |
| Earnings | -$140,536 |
| Net Contributions | $3,400 |
| Ending Balance | $1,463,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foss Home & Villiage Seattle, WA | $15,479,734 | $20,550,514 |
Foundation For Affordable Housing Inc Bend, OR | $40,186,962 | $24,103,430 |
Village Enterprises Portland, OR | $12,295,539 | $9,652,880 |
Wesley Homes Pierce County Des Moines, WA | $105,823,745 | $1,685,200 |
Fred Lind Manor Bellevue, WA | $11,916,436 | $5,704,617 |
Mount Baker Housing Association Seattle, WA | $87,857,627 | $5,764,017 |
Retirement Community Of Fairbanks Fairbanks, AK | $25,931,909 | $2,843,131 |
Northaven Inc Seattle, WA | $5,372,025 | $2,957,212 |
Christ The King Community Outreach Tacoma, WA | $5,977,714 | $3,001,380 |
Southeast Alaska Independent Living Inc Juneau, AK | $2,403,466 | $3,080,871 |
Hilltop House Inc Seattle, WA | $9,641,333 | $2,325,535 |
North Pacific Homes Inc Gresham, OR | $10,764,437 | $2,745,999 |