Ancient Accepted Scottish Rite Of Free Masonry Nmj

Organization Overview

Ancient Accepted Scottish Rite Of Free Masonry Nmj is located in Boston, MA. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 07/2022, Ancient Accepted Scottish Rite Of Free Masonry Nmj employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Accepted Scottish Rite Of Free Masonry Nmj is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.

For the year ending 07/2022, Ancient Accepted Scottish Rite Of Free Masonry Nmj generated $479.9k 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 (4.6%) each year. All expenses for the organization totaled $564.6k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE VALLEY OF BOSTON IS A DOMESTIC FRATERNAL ORGANIZATION WHOSE MISSION IS TO STRENGTHEN THE MASONIC WAY OF LIFE THROUGH ITS WORLDWIDE BROTHERHOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SCOTTISH RITE BODIES, VALLEY OF BOSTON IS DEDICATED TO THE PROMOTION OF FAMILY AND COMMUNITY VALUES, IMPROVEMENT OF INDIVIDUAL CHARACTER AND SPIRIT, AND SERVICE TO MANKIND THROUGH THE IMPACT OF ITS EXTENSIVE CHARITABLE OUTREACH.


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$67,732
Investment income $283,887
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $124,731
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $479,870

Endowment Analysis

Beg. Balance$13,964,901
Earnings-$902,077
Other Expense$444,455
Ending Balance$12,618,369

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