Masonic Building Assn

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030139880 ✦ Barre, VT ✦ Designated as a 501(c)(2)

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Overview

What is Masonic Building Assn?

The Masonic Building Association is a nonprofit organization situated in Barre, Vermont, specifically at 2 Academy Street. Their primary mission is to offer reasonably priced meeting spaces for charitable organizations within the Barre area, enabling them to carry out their noble causes at the most affordable cost possible. The association solely funds its operations based on this mission, with no additional programs or grants received.

Is Masonic Building Assn legitimate?

Masonic Building Assn is a legitimate nonprofit organization registered as a 501(c)(2) entity. Masonic Building Assn 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: $15,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Masonic Building Assn?

The Masonic Building Association's mission is centered around providing affordable meeting spaces for non-profit organizations. This is done with the aim of enabling these organizations to carry out their charitable activities at the most economical level. The association covers all its expenses in accordance with this mission statement, implying that it does not engage in any other programs or receive grants.

Who is the CEO of Masonic Building Assn?

Gary Pearce is the President of Masonic Building Assn.

What is the revenue of Masonic Building Assn?

Masonic Building Assn's revenue in 2022 was $70,690.

Who are the executives of Masonic Building Assn and what are their salaries?

There 10 volunteers at Masonic Building Assn.


Here are 8 key members and their salaries:


Cecile Martin (Housekeeper)
  • Compensation: $12,551
  • Related: $0
  • Other: $0
Jeanette Hosford (Bookkeeper)
  • Compensation: $2,641
  • Related: $0
  • Other: $0
Jon Hosford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sanguinetti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Pearce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Slora (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Murray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Retchless (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Masonic Building Assn?

Masonic Building Assn's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Masonic Building Assn

The Masonic Building Association is dedicated to supporting non-profit organizations by providing them with affordable meeting spaces. This association's mission is to maintain and manage facilities that enable these charitable organizations to carry out their noble work at the most reasonable cost possible. By doing so, the Masonic Building Association plays a crucial role in enabling these non-profits to fulfill their objectives and contribute positively to their communities. The association's activities are solely focused on achieving this mission, with all expenses directly tied to this purpose. There are no additional programs or grants in operation by the Masonic Building Association.

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Impact




October, 2024

The Masonic Building Association significantly enhances community engagement in Barre, VT, by providing lower-cost meeting spaces for nonprofit organizations. This access allows these groups to more effectively pursue their charitable missions without the burden of high facility costs. By maintaining dedicated space for various nonprofit activities, the association fosters collaboration, encourages volunteerism, and strengthens the overall fabric of the community. The emphasis on affordability enables a diverse range of organizations to operate sustainably, ultimately promoting community improvement and facilitating important local initiatives.




This information is meant to be a general summary of Masonic Building Assn. 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.

Revenue
$70,690 (2022)
Expenses
$40,533 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $68,500
  • Gross Receipts: $70,690

Assets and Liabilities:

  • Total Assets: $776,293
  • Total Liabilities: $0
  • Net Assets: $776,293

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Contributions from non-profits

Revenue

$68,500

Organization Details

Founding Year

1929

Principal Officer

Gary Pearce

Main Address

2 Academy Street, Barre, VT, 05641

NTEE Category

Code: S47 - Community improvement

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