Lakewood Masonic Temple Company
- Assets
- $399.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, OH
- Founding
- 11/1985
- Data as of
- 12/2021
- EIN
- 34-0348645
Organization Overview
Lakewood Masonic Temple Company is located in Lakewood, OH. The organization was established in 1985. 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. Lakewood 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, Lakewood Masonic Temple Company generated $80.4k 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 (6.1%) each year. All expenses for the organization totaled $84.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
TO HOLD TITLE TO, MAINTAIN AND COLLECT ANY INCOME AND PAY ALL EXPENSES OF MASONIC ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Neibaum President | 0 | $0 | |
George Bohnert Treasurer | 0 | $0 | |
Wanda King Director | 0 | $0 | |
Robert Acklin Director | 0 | $0 | |
Chris Hoyer Director | 0 | $0 | |
Sean Benjamin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,988 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,381 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,369 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,287 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,151 |
| Total expenses | $84,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $304,041 |
| Other assets | $0 |
| Total assets | $399,577 |
| Total liabilities | $4,319 |
| Net assets or fund balances | $395,258 |
Peer Organizations
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|---|---|---|
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