Palmdale Masonic Lodge Building Association Inc is located in Palmdale, CA. The organization was established in 1983. 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. Palmdale Masonic Lodge Building Association Inc is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 12/2023, Palmdale Masonic Lodge Building Association Inc generated $53.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $54.0k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 9 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
OPERATING A BUILDING FOR THE PALMDALE MASONIC LODGE #769 AND AFFILIATE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Stout President | 10 | $0 | |
Bob Arit Vice President | 10 | $0 | |
Jeff Whitfield Treasurer | 10 | $0 | |
Jim Chormicle Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $53,136 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,136 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $41,302 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,659 |
| Total expenses | $53,961 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $405,466 |
| Other assets | $0 |
| Total assets | $405,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $405,466 |