Masonic Low Twelve Club Of Tampa is located in Tampa, FL. The organization was established in 1971. 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. Masonic Low Twelve Club Of Tampa is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2022, Masonic Low Twelve Club Of Tampa generated $38.9k 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 (5.2%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 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
THE ORGANIZATION'S MISSION IS TO PROVIDE, IMMEDIATELY OPON DEATH OF A MEMBER IN GOOD STANDING, A SUM OF MONEY FOR THE BENEFIT OF THE WIDOW OR OTHER BENEFICIARY, DESIGNATED BY SAID MEMBER
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Houston White Secretary | 10 | $14,000 | |
Steve Silvers President | 0 | $0 | |
Anthony Deangelo Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,650 |
| Investment income | $20,270 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,920 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $27,500 |
| Salaries, other compensation, and employee benefits | $15,120 |
| Professional fees and other payments to independent contractors | $2,256 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $619 |
| Other expenses | $437 |
| Total expenses | $45,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $483,455 |
| Other assets | $0 |
| Total assets | $483,455 |
| Total liabilities | $42 |
| Net assets or fund balances | $483,413 |