New Bern York Rite Holding Corporation
- Assets
- $332.0k
- Revenue
- $73.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New Bern, NC
- Founding
- Data as of
- 12/2021
- EIN
- 56-1615076
Organization Overview
New Bern York Rite Holding Corporation is located in New Bern, NC. New Bern York Rite Holding Corporation is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, New Bern York Rite Holding Corporation generated $73.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $30.7k during the year ending 12/2021. 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
THE ORGANIZATION IS A MASONIC ORGANIZATION. IT IS A HOLDING CORPORATION FOR THE REAL ESTATE OF THE YORK RITE BODIES IN NEW BERN, NC. THE CORPORATION MAINTAINS THE BUILDING AND LAND OWNED BY THE YORK RITE BODIES. THE BUILDING PROVIDE A PLACE FOR THE YORK RITE BODIES TO MEET AND HAVE MONEY RAISING AFFAIRS. THE CORPORATION PROVIDES A MEETING PLACE FOR SEVERAL OTHER MASONIC RELATED ORGANIZATIONS TO MEET FOR A SMALL CHARGE. THE CORPORATION ALSO RENTS THE BUILDING FOR VARIOUS OTHER ACTIVITIES, NOT MASONIC RELATED. THE CORPORATINO ALSO HAS ALLOWED BRANCH BANKING AND TRUST COMPANY TO BUILDING A BUILDING ON THEIR LAND AND HAS A LONG TERM LEASE TO THEM FOR THE LAND. MAIN MISSION: THE CORPORATION WAS FORMED TO ASSUME TITLE TO LAND ON WHICH THE NEW BERN YORK RITE BODIES COULD MEET, STORE COSTUMES AND EQUIPMENT, AND PRESENT DEGREE WORK TO CANDIDATES WANTING TO JOIN. IT SI ALLIED WITH THE ANCIEN & ACCEPTED ORDER OF MASONS OF THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENT DEGREE WORK TO CANIDATES WANTING TO JOIN.
PRESENT DEGREE WORK TO CANIDATES WANTING TO JOIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren G Taylor Secretary Tr | Officer | $0 | |
Lee Hawkins Director | Trustee | $0 | |
Tony Hawkins Chairman | Trustee | $0 | |
Alvia Hearren Director | Trustee | $0 | |
Thomas J Janyssek Director | Trustee | $0 | |
Ron Jones Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,925 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,925 |
| Total Program Service Revenue | $0 |
| Investment income | $26,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,037 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,686 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,500 |
| Office expenses | $4,831 |
| 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 | $1,859 |
| Interest | $0 |
| Payments to affiliates | $11,488 |
| Depreciation, depletion, and amortization | $2,122 |
| Insurance | $0 |
| All other expenses | $900 |
| Total functional expenses | $30,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,889 |
| Savings and temporary cash investments | $183,955 |
| 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 | $78,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $332,035 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $6,232 |
| 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 | $0 |
| Total liabilities | $6,232 |
| Net assets without donor restrictions | $316,503 |
| Net assets with donor restrictions | $9,300 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $332,035 |
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