Ancient Free & Accepted Masons Of Iowa is located in Sioux City, IA. The organization was established in 1941. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Iowa 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, Ancient Free & Accepted Masons Of Iowa generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.7%) each year. All expenses for the organization totaled $10.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
WE HAVE 108 MEMBERS ALL STRIVING TO BE BETTER MEN AND CONTRIBUTE IN A POSTIVE WAY TO SOCIETY AND PROVIDE GOOD ROLE MODELS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Severson President | 1 | $0 | |
Mark Wahlberg Secretary | 2 | $2,261 | |
Neil Peck Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,100 |
| Investment income | $2,924 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,024 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,260 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $3,520 |
| Printing, publications, postage, and shipping | $210 |
| Other expenses | $4,349 |
| Total expenses | $10,489 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,601 |
| Other assets | $0 |
| Total assets | $185,601 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,601 |