Overview
What is Masonic Trustees Of Portland?
Masonic Trustees of Portland is a nonprofit establishment, established by the State Legislature, with a primary mission to manage and lease halls and apartments for various Masonic organizations situated in Portland. To fulfill its objectives, it can borrow funds if deemed necessary. The organization's role involves leasing, fitting up, and managing halls and apartments for diverse Masonic bodies in Portland, thereby providing them with necessary facilities. This nonprofit organization contributes to the Masonic community in Portland by offering them a suitable space for their activities.
Is Masonic Trustees Of Portland legitimate?
Masonic Trustees Of Portland is a legitimate nonprofit organization registered as a 501(c)(2) entity. Masonic Trustees Of Portland submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Masonic Trustees Of Portland?
The Masonic Trustees of Portland, established by the State Legislature, is primarily tasked with leasing and managing halls and apartments for various Masonic groups. If deemed necessary, they have the authority to borrow funds to effectively fulfill their mission. Their primary role is to provide suitable spaces for various Masonic bodies, ensuring their smooth operation in Portland.
Who is the CEO of Masonic Trustees Of Portland?
Marlon E Welch is the Treasurer of Masonic Trustees Of Portland.
What is the revenue of Masonic Trustees Of Portland?
Masonic Trustees Of Portland's revenue in 2022 was $97,702.
Who are the executives of Masonic Trustees Of Portland and what are their salaries?
The average compensation at Masonic Trustees Of Portland during 2022 was $12,651. There are 7 employees at Masonic Trustees Of Portland.
Here are 10 key members and their salaries:
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- Compensation: $638
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Where can I find the form 990 for Masonic Trustees Of Portland?
Masonic Trustees Of Portland's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Masonic Trustees Of Portland
The Masonic Trustees of Portland, established by the State Legislature, is tasked with overseeing the leasing, fitting up, and managing of various halls and apartments for diverse Masonic organizations within Portland. In the event that additional funds are required to accomplish their mission, they have the authorization to borrow money. The organization's primary role is to manage and lease these spaces, ensuring they are well-maintained and suitable for the various Masonic bodies they serve.
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Impact
October, 2024
Masonic Trustees of Portland plays a crucial role in supporting the Masonic community by managing and leasing spaces specifically designed for various Masonic bodies. By effectively overseeing the fitting up and maintenance of halls and apartments, they ensure that these organizations have the necessary facilities to function and connect with their members. Their ability to borrow funds as needed facilitates ongoing improvements and expansions, allowing them to adapt to the evolving needs of the community.
The impact of their work extends beyond just providing physical spaces; it fosters a sense of community and belonging among Masonic organizations. By creating accessible environments, they enhance the ability of these groups to engage in charitable activities and social events, thus contributing to community improvement in Portland. The Masonic Trustees of Portland exemplify how effective management of resources can strengthen local organizations and promote unity within the community.
This information is meant to be a general summary of Masonic Trustees Of Portland. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,101
- Program Service Revenue: $84,601
- Gross Receipts: $97,702
Assets and Liabilities:
- Total Assets: $903,642
- Total Liabilities: $0
- Net Assets: $903,642
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gross Rents
Revenue
$81,909
Miscellaneous Income
Revenue
$2,692
Organization Details
Founding Year
1905
Phone
(207) 773-5184Principal Officer
Marlon E Welch
Main Address
415 Congress Street, Portland, ME, 04101
NTEE Category
Code: S47 - Community improvement
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