Hastings Masonic Temple Association
- Assets
- $2.1m
- Revenue
- $159.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Hastings, NE
- Founding
- 10/1935
- Data as of
- 04/2021
- EIN
- 47-0185276
Organization Overview
Hastings Masonic Temple Association is located in Hastings, NE. The organization was established in 1935. 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 04/2021, Hastings Masonic Temple Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hastings Masonic Temple Association 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 04/2021, Hastings Masonic Temple Association generated $159.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $157.3k during the year ending 04/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PRESERVE AND MAINTAIN THE MASONIC TEMPLE IN HASTINGS, NE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND MAINTAIN THE MASONIC TEMPLE IN HASTINGS, NE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Phillip Odom Sec/treas | Trustee | 20 | $17,550 |
Mike Small President | OfficerTrustee | 10 | $5,194 |
Annette Sorenson Board Member | OfficerTrustee | 5 | $0 |
Wihlma Price Vice President | OfficerTrustee | 2 | $0 |
Mike Anderson Board Member | Trustee | 2 | $0 |
Bill Taylor Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,726 |
| Investment income | $58,505 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,414 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,024 |
| Statement of Expenses | |
|---|---|
| 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. | $22,744 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,793 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,443 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,235 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,666 |
| 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 | $11,120 |
| Depreciation, depletion, and amortization | $23,446 |
| Insurance | $10,087 |
| All other expenses | $0 |
| Total functional expenses | $157,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,769 |
| Savings and temporary cash investments | $19,649 |
| 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 |
| Investments—publicly traded securities | $1,306,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,174 |
| Total assets | $2,120,843 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $200,625 |
| Total liabilities | $200,625 |
| 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 |
| Total liabilities and net assets/fund balances | $1,920,218 |
Endowment Analysis
| Beg. Balance | $877,767 |
| Earnings | $67,400 |
| Other Expense | $67,400 |
| Ending Balance | $877,767 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ancient Free & Accepted Masons Of Iowa Cedar Rapids, IA | $9,089,840 | $1,661,823 |
Shriners International St Louis, MO | $4,009,545 | $872,837 |
Tangier Shriners Omaha, NE | $7,416,163 | $982,178 |
Shriners International Wichita, KS | $8,331,885 | $1,237,320 |
Boulder Masonic Association Inc Boulder, CO | $2,367,736 | $645,270 |
Phi Mu Fraternity Columbia, MO | $2,689,272 | $782,136 |
Nebraska Pi Chapter Of The Phi Kappa Theta Fraternity Lincoln, NE | $151,790 | $675,452 |
Phi Kappa Theta - Nebraska Pi Chapter Housing Corporation Lincoln, NE | $205,681 | $636,635 |
Sesostris Shriners Roca, NE | $4,300,894 | $682,040 |
Masonry Institute Of St Louis Saint Louis, MO | $784,601 | $651,839 |
Abou Ben Adhem Shriners Springfield, MO | $1,417,364 | $933,443 |
Fraternal Order Of Eagles El Dorado Springs, MO | $536,684 | $550,061 |