Free & Accepted Masons Of New Jersey is located in Trenton, NJ. The organization was established in 1941. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Free & Accepted Masons Of New Jersey 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 12/2023, Free & Accepted Masons Of New Jersey generated $6.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $6.1m during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 6 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.
Since 2020, Free & Accepted Masons Of New Jersey has awarded 20 individual grants totaling $784,849. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR TEACHING INCLUDES BROTHERHOOD, MORALITY, JUSTICE, TOLERANCE, CITIZENSHIP, EDUCATION AND FREEDOM OF IDEAS, OF RELIGIOUS CHOICE, AND OF EXPRESSION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Acacia Lodge 20 Robert Peake, Secretary | Officer | 10 | $0 |
Adoniram Lodge 80 Donald Fucetola, Secretary | Officer | 10 | $0 |
Alpha Lodge 116 Johnathan Davis, Secretary | Officer | 10 | $0 |
Alpine Tilden Tenakill Lodge 77 Ellis Jacobs, Secretary | Officer | 10 | $0 |
Amwell Lodge 12 Marcus Caroll, Secretary | Officer | 10 | $0 |
Atlantic Lodge 221 Robert Sheridan, Secretary | Officer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,816,497 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $482,962 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,299,459 |
| Total Program Service Revenue | $0 |
| Investment income | $273,481 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $732,179 |
| Net Gain/Loss on Asset Sales | $1,916,966 |
| Net Income from Fundraising Events | $5,251 |
| Net Income from Gaming Activities | $46,515 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,048,820 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,195,275 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,268 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,031 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $113,105 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $754,120 |
| Interest | $8,971 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $248,534 |
| Insurance | $435,175 |
| All other expenses | $736,023 |
| Total functional expenses | $6,121,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,294,996 |
| Savings and temporary cash investments | $1,985,837 |
| 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 | $292,036 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $18,577,599 |
| Investments—publicly traded securities | $42,586,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,736,669 |
| Accounts payable and accrued expenses | $0 |
| 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 | $133,271 |
| Other liabilities | $0 |
| Total liabilities | $133,271 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $65,603,398 |
| Total liabilities and net assets/fund balances | $65,736,669 |
Over the last fiscal year, Free & Accepted Masons Of New Jersey has awarded $150,292 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MASONIC CHARITY FOUNDATION OF NEW JERSEY PURPOSE: TO ASSIST NEW JERSEY MASONS AND THEIR FAMILIES WITH FINANCIAL RESOURCES | $84,721 |
GEORGE WASHINGTON MEMORIAL PARK CEMETARY ASSOCIATION PURPOSE: FOR USE OF THE DONEE ORGANIZATION | $11,375 |
HISTORIC TRENTON MASONIC TEMPLE INC PURPOSE: FOR USE OF THE DONEE ORGANIZATION | $29,373 |
DEMOLAY INTERNATIONAL PURPOSE: FOR USE OF THE DONEE ORGANIZATION | $13,008 |
RAINBOW FOR GIRLS PURPOSE: FOR USE OF THE DONEE ORGANIZATION | $11,815 |