Norwalk Masonic Building Association is located in Norwalk, CA. The organization was established in 1973. 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. Norwalk Masonic Building Association 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, Norwalk Masonic Building Association generated $71.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $84.2k during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
OPERATE BUILDING FOR EXEMPT ORGANIZATION MEETINGS. ALL FUNCTIONS ARE PERFORMED BY VOLUNTEERS AT NO COST TO THE ORGANIZATION OR COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mulcahy Hall President | 10 | $0 | |
Larry B Carr Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $71,200 |
| Total Revenue | $71,200 |
| 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 | $868 |
| Occupancy, rent, utilities, and maintenance | $25,650 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,698 |
| Total expenses | $84,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,197 |
| Other assets | $0 |
| Total assets | $318,721 |
| Total liabilities | $41,898 |
| Net assets or fund balances | $276,823 |