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 12/2022, Lakewood Masonic Temple Company generated $82.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $70.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TO HOLD TITLE TO, MAINTAIN AND COLLECT ANY INCOME AND PAY ALL EXPENSES OF MASONIC ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Neibaum President | 0 | $0 | |
George Bohnert Treasurer | 0 | $0 | |
Sean Benjamin Director | 0 | $0 | |
Wanda King Director | 0 | $0 | |
Chris Hoyer Director | 0 | $0 | |
Bertron Horne Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,153 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,739 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,434 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,189 |
| Total expenses | $70,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $270,749 |
| Other assets | $0 |
| Total assets | $359,374 |
| Total liabilities | $4,010 |
| Net assets or fund balances | $355,364 |