Scottish Rite Temple Inc Of Sacramento California is located in Sacramento, CA. The organization was established in 1951. 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. As of 12/2022, Scottish Rite Temple Inc Of Sacramento California employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scottish Rite Temple Inc Of Sacramento California 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 12/2022, Scottish Rite Temple Inc Of Sacramento California generated -$105.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NON-PROFIT TITLE HOLDING CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD TITLE TO AND MAINTAIN CONTROLLING 501(C)(10) ORGANIZATIONS REAL PROPERTY (& SIMILAR TYPE)ASSETS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Darrow Director | Trustee | 1 | $0 |
Mauricio Pasos Director | Trustee | 1 | $0 |
Mike Perry Director | Trustee | 1 | $0 |
Tom Mccarthy Director | Trustee | 1 | $0 |
John Henman President | OfficerTrustee | 3 | $0 |
Rick Keltner Director | Trustee | 1 | $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 | $14,176 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,176 |
Total Program Service Revenue | $0 |
Investment income | $5,601 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $30,795 |
Net Rental Income | -$158,955 |
Net Gain/Loss on Asset Sales | $3,207 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | -$105,176 |
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 | $1,803 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,803 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,350 |
Savings and temporary cash investments | $130,869 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,289 |
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 | $617,954 |
Investments—publicly traded securities | $113,424 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $875,886 |
Accounts payable and accrued expenses | $66,815 |
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 | $0 |
Total liabilities | $66,815 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $302,645 |
Paid-in or capital surplus, or land, building, or equipment fund | $2,354,782 |
Retained earnings, endowment, accumulated income, or other funds | -$1,848,356 |
Total liabilities and net assets/fund balances | $875,886 |