Newark Masonic Temple Company
- Assets
- $462.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, OH
- Founding
- 01/1974
- Data as of
- 12/2021
- EIN
- 31-4245175
Organization Overview
Newark Masonic Temple Company is located in Newark, OH. The organization was established in 1974. 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. Newark Masonic Temple Company 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, Newark Masonic Temple Company generated $60.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 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
NA
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,140 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $51,808 |
| Total Revenue | $60,948 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,177 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $32,751 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $831 |
| Total expenses | $49,854 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,683 |
| Other assets | $0 |
| Total assets | $462,683 |
| Total liabilities | $0 |
| Net assets or fund balances | $462,683 |
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