Billings Masonic Center Association Inc
- Assets
- $1.1m
- Revenue
- -$4.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Billings, MT
- Founding
- 02/1986
- Data as of
- 12/2021
- EIN
- 36-3388536
Organization Overview
Billings Masonic Center Association Inc is located in Billings, MT. The organization was established in 1986. 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. As of 12/2021, Billings Masonic Center Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Billings Masonic Center Association Inc 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, Billings Masonic Center Association Inc generated -$4.2k 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 (30.2%) each year. All expenses for the organization totaled $6.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OWNERSHIP AND MAINTENANCE OF MASONIC CENTER BUILDING FOR BENEFIT OF MASONIC BODIES WHO LEASE THE BUILDING FROM THE ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWNERSHIP AND MAINTENANCE OF MASONIC CENTER BUILDING IN BILLINGS, MONTANA FOR BENEFIT OF MASONIC BODIES WHO LEASE THE BUILDING FROM THE ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randal Poyser Secretary | OfficerTrustee | 1 | $3,955 |
Jaclyn Colebank Treasurer | OfficerTrustee | 1 | $0 |
Gerald Giebink President | OfficerTrustee | 1 | $0 |
Cathy Culbertson Vice President | OfficerTrustee | 1 | $0 |
Bill Murphy Director | Trustee | 1 | $0 |
Mark Olson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,879 |
| Total Program Service Revenue | $0 |
| Investment income | $33,381 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$109,701 |
| Net Gain/Loss on Asset Sales | $27,470 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$4,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,013 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $486 |
| Total functional expenses | $6,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,430 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $38,242 |
| Investments—publicly traded securities | $1,073,656 |
| Investments—other securities | $0 |
| Investments—program-related | $2,983 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,136,311 |
| Accounts payable and accrued expenses | $7,252 |
| 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 | $36,310 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,562 |
| 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 | $1,092,749 |
| Total liabilities and net assets/fund balances | $1,136,311 |
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|---|---|---|
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Fraternal Order Of Eagles Langdon, ND | $725,237 | $940,103 |
Fraternal Order Of Eagles Coeur Dalene, ID | $1,012,669 | $526,424 |
Fraternal Order Of Eagles Missoula, MT | $866,622 | $707,124 |
Fraternal Order Of Eagles Cody, WY | $526,152 | $364,405 |
Fraternal Order Of Eagles Casper, WY | $669,971 | $477,168 |
Fraternal Order Of Eagles Watford City, ND | $289,342 | $422,982 |
Fraternal Order Of Eagles Harvey, ND | $2,142,255 | $720,292 |
Shriners International Boise, ID | $2,083,153 | $637,056 |