Rosemead Masonic Building Association-702 is located in Rosemead, CA. The organization was established in 1957. 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. Rosemead Masonic Building Association-702 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, Rosemead Masonic Building Association-702 generated $67.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $63.4k during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 3 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
TO PROVIDE ADEQUATE SUPPORT TO ROSEMEAD LODGE NO. 457, PRIMARILY BY MAKINGAVAILABLE TO THE LODGE A FITTING AND EXCEPTIONAL PLACE FOR THR LODGE TO CONDUCTITS CEREMONIES, MEETINGS, CONFERRALS AND OTHER FRATERNAL ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe DE Leon President | 1 | $0 | |
Lyndon Lupo CFO | 1 | $0 | |
Joel Ortega Secretary | 1 | $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 | $66,955 |
| Total Revenue | $66,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,583 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,777 |
| Total expenses | $63,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,595 |
| Other assets | $0 |
| Total assets | $3,595 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,595 |