Masonic Temple Corp Of New Britain
- Assets
- $62.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Britain, CT
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 06-1497728
Organization Overview
Masonic Temple Corp Of New Britain is located in New Britain, CT. The organization was established in 1998. According to its NTEE Classification (Y42) the organization is classified as: Domestic 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. Masonic Temple Corp Of New Britain is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Masonic Temple Corp Of New Britain generated $38.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $60.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE CEREMONIAL MEETING HALL, DINING HALL, PARKING & STORAGEFACILITIES FOR 6 MASONIC LODGES WHICH ARE TAX-EXEMPT UNDER THELODGE SYSTEM. SOLE FUNCTIONAL ACTIVITY TO MAINTAIN BLDG & GROUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Bonney Jr Treasurer | 5 | $0 | |
Harry Nedham President | 5 | $0 | |
Richard Sawyers Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $28,925 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,000 |
| Total Revenue | $38,175 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $630 |
| Occupancy, rent, utilities, and maintenance | $55,202 |
| Printing, publications, postage, and shipping | $795 |
| Other expenses | $3,413 |
| Total expenses | $60,040 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,664 |
| Other assets | $0 |
| Total assets | $62,409 |
| Total liabilities | $28,400 |
| Net assets or fund balances | $34,009 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Wardens And Members Of The Grand Lodge Of Masons In Massachus Boston, MA | $28,564,196 | $2,581,604 |
Free And Accepted Masons Of New York New York, NY | $18,901,469 | $2,949,286 |
Emblemhealth Inc New York, NY | $1,528,819 | -$630,046 |
Shriners International Wilmington, MA | $14,593,595 | $1,679,300 |
Operative Plasterers & Cement Masons International Association Boston, MA | $1,364,633 | $1,501,561 |
Assoc Of Knights & Ladies Of Equest Order Of Holy Sepulchre-Jerusalem New York, NY | $857,646 | $1,095,775 |
Ancient Free & Accepted Masons Of Connecticut Grand Lodge Wallingford, CT | $3,696,624 | $828,921 |
Master Wardens & Members Of The Grand Lodge Of Masons In Mass North Easton, MA | $5,504,312 | $298,031 |
New England Concrete Masonry Association Webster, MA | $405,053 | $257,088 |
Fraternal Order Of Eagles Depew, NY | $1,162,990 | $540,490 |
Delta Chi Housing Corporation At Cornell Ithaca, NY | $1,884,526 | $519,906 |
St Augustine Building Association Of Stamford Inc Stamford, CT | $3,605,065 | $276,703 |