Twelfth Masonic Building Corp Inc is located in Petersburg, VA. The organization was established in 2000. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twelfth Masonic Building Corp 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 12/2023, Twelfth Masonic Building Corp Inc generated $45.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $76.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAINS OPERATIONS OF ORGANIZATIONS PROPERTIES AND PARTNERS WITH VARIOUS LOCAL PUBLIC AND CIVIC NON-PROFIT ORGANIZATIONS FOR CHARITABLE ACTIVITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricky Williams Secretary | 5 | $0 | |
Brian Pettiford President | 3 | $0 | |
Jeryl Jones Vice-President | 2 | $0 | |
Robert Scott Treasurer | 2 | $0 | |
John Edwards Trustee | 1 | $0 | |
William Porter Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,549 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,035 |
| Total Revenue | $45,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $28,860 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,860 |
| Total expenses | $76,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,089 |
| Other assets | $0 |
| Total assets | $24,089 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,089 |