Masonic Charity Foundation Of New Mexico Inc is located in Albuquerque, NM. The organization was established in 1978. According to its NTEE Classification (Y40) the organization is classified as: 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 Charity Foundation Of New Mexico Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Masonic Charity Foundation Of New Mexico Inc generated $309.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $110.1k 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
CHARITY AND NEW MEXICO COMMUNITIES OUTREACH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON A CONTINUING BASIS, MAKING CONTRIBUTIONS TO INDIVIDUALS IN NEED AND TO COMMUNITY ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Detrow Secretary | OfficerTrustee | 20 | $9,531 |
Adam L Hathaway Chief Execut | OfficerTrustee | $0 | |
David L Lawson Chairman | OfficerTrustee | $0 | |
Dion A Newhouse Treasurer | OfficerTrustee | $0 | |
Rockford A Wyrembelski Vice Chairma | OfficerTrustee | $0 | |
James E Bungard Member | Trustee | $0 |
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 | $91,474 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $91,474 |
Total Program Service Revenue | $0 |
Investment income | $76,465 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $140,339 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $309,109 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $69,138 |
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. | $9,531 |
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 | $815 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,348 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,972 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,281 |
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 | $10 |
Total functional expenses | $110,095 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,751 |
Savings and temporary cash investments | $4,535 |
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 | $0 |
Investments—publicly traded securities | $3,052,837 |
Investments—other securities | $797,716 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,864,839 |
Accounts payable and accrued expenses | $2,810 |
Grants payable | $0 |
Deferred revenue | $72,445 |
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 | $75,255 |
Net assets without donor restrictions | $2,613,231 |
Net assets with donor restrictions | $1,176,353 |
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 | $3,864,839 |
Over the last fiscal year, Masonic Charity Foundation Of New Mexico Inc has awarded $22,246 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
MSA DISASTER RELIEF | | | $16,995 |
UNION LODGE NO 4 AF&AM | | | $5,251 |
Over the last fiscal year, we have identified 1 grants that Masonic Charity Foundation Of New Mexico Inc has recieved totaling $150.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $150 |
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Dyno Nobel Inc & Distributors Veba 2 Phoenix, AZ | $2,671,529 | $20,358,521 |
Hbg Flatiron Inc Broomfield, CO | $11,095,153 | $20,130,998 |
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Assured Life Association Greenwood Village, CO | $58,347,375 | $10,289,844 |
Kjzt Family Life Austin, TX | $164,643,389 | $13,170,314 |
Scottish Rite Educational Association Of Texas Austin, TX | $15,247,612 | $5,200,101 |
W S A Fraternal Life Westminster, CO | $40,518,457 | $2,411,043 |
Sivalls Inc And Control Equipment Inc Medical Plan Trust Odessa, TX | $465,939 | $3,039,609 |
San Antonio Police Officers Association Inc San Antonio, TX | $3,073,452 | $2,645,265 |
Scottish Rite Foundation Denver, CO | $37,704,186 | $2,276,777 |