Supreme Council Of The Royal Arcanum

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

EIN: 041885430 ✦ Boston, MA ✦ Designated as a 501(c)(8)

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Overview

What is Supreme Council Of The Royal Arcanum?

The Supreme Council of the Royal Arcanum is a benevolent organization situated in Boston, Massachusetts. With a focus on fraternal unity, they offer life benefits to their members and engage in various fraternal activities within their lodges. Their primary mission is to provide high-quality financial products to members, while simultaneously promoting their moral and intellectual education. Additionally, the organization is committed to contributing time and resources towards community service and charitable causes. With a workforce of 18 individuals, the Supreme Council of the Royal Arcanum strives to positively impact the lives of its members and the broader community.


Official website here: www.royalarcanum.com

Is Supreme Council Of The Royal Arcanum legitimate?

Supreme Council Of The Royal Arcanum is a legitimate nonprofit organization registered as a 501(c)(8) entity. Supreme Council Of The Royal Arcanum 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: $730,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $689,882

For more financial information, click here


Official website here: www.royalarcanum.com

What is the mission statement of Supreme Council Of The Royal Arcanum?

The Supreme Council of the Royal Arcanum's mission is centered around uniting its members fraternally. This is achieved by offering them high-quality financial products and facilitating their moral and intellectual education. Furthermore, the organization is committed to giving back to the community by donating time and resources for charitable causes. Their activities extend beyond their members, as they also engage in community service and charitable contributions.


Official website here: www.royalarcanum.com

Who is the CEO of Supreme Council Of The Royal Arcanum?

John Crisanti is the Chief Operating Officer of Supreme Council Of The Royal Arcanum.


Official website here: www.royalarcanum.com

What is the revenue of Supreme Council Of The Royal Arcanum?

Supreme Council Of The Royal Arcanum's revenue in 2022 was $9,284,235.


Official website here: www.royalarcanum.com

Who are the executives of Supreme Council Of The Royal Arcanum and what are their salaries?

The average compensation at Supreme Council Of The Royal Arcanum during 2022 was $78,930. There are 18 employees and 360 volunteers at Supreme Council Of The Royal Arcanum.


Here are 12 key members and their salaries:


Nicholas Benoit (Chief Operating Officer)
  • Compensation: $210,000
  • Related: $0
  • Other: $0
John Crisanti (Chief Financial Officer)
  • Compensation: $178,818
  • Related: $0
  • Other: $0
Carmen Toma (Senior Accountant Analyst)
  • Compensation: $105,036
  • Related: $0
  • Other: $0
Cynthia Macon (Chairman)
  • Compensation: $75,166
  • Related: $0
  • Other: $0
Peter Ferrara (Past Supreme Regent)
  • Compensation: $36,666
  • Related: $0
  • Other: $0
Errica Conforto (Board Member)
  • Compensation: $33,333
  • Related: $0
  • Other: $0
Maria Dibartolo (Supreme Regent)
  • Compensation: $31,666
  • Related: $0
  • Other: $0
Nicole Covelli (Supreme Vice Regent)
  • Compensation: $21,666
  • Related: $0
  • Other: $0
Carl Krzystofczyk (Board Member)
  • Compensation: $15,166
  • Related: $0
  • Other: $0
Janice Brazas (Board Member)
  • Compensation: $11,000
  • Related: $0
  • Other: $0
Antal Basa (Secretary)
  • Compensation: $6,500
  • Related: $0
  • Other: $0
Karen Lockaby (Supreme Orator)
  • Compensation: $5,833
  • Related: $0
  • Other: $0


Official website here: www.royalarcanum.com

Where can I find the form 990 for Supreme Council Of The Royal Arcanum?

Supreme Council Of The Royal Arcanum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.royalarcanum.com

Learn more at the official website: www.royalarcanum.com

Mission Statement of Supreme Council Of The Royal Arcanum

The Supreme Council of the Royal Arcanum, a fraternal organization, is committed to bringing its members together in unity. This is achieved by providing them with high-quality financial products and fostering their moral and intellectual growth. Beyond this, the council is also dedicated to donating time and resources for community service and charitable causes. The organization serves as a beneficiary society, offering life benefits to its members, and engaging in various fraternal activities within its lodges. In essence, the Supreme Council of the Royal Arcanum seeks to unite its members through financial support, education, and community service, while also making a positive impact on various charitable causes.

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Impact




October, 2024

The Supreme Council of the Royal Arcanum plays a significant role in fostering community and personal development. By providing quality financial products, it not only supports the economic well-being of its members but also emphasizes the importance of moral and intellectual education. The organization’s commitment to community service and charitable initiatives further strengthens societal bonds, allowing members to contribute positively to their surroundings.

Through its lodges, the Royal Arcanum creates a network of support and camaraderie, enhancing social ties among members while also offering opportunities for personal growth. This dual focus on financial stability and educational development adds depth to its impact, enabling members to thrive both individually and collectively.

Moreover, the fraternal activities organized by the Royal Arcanum encourage a sense of belonging and mutual aid, which can be particularly beneficial in times of need. Overall, its dedication to combining financial support with community and personal enrichment marks a significant contribution to society.




This information is meant to be a general summary of Supreme Council Of The Royal Arcanum. 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
$9,284,235 (2022)
Expenses
$8,396,552 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,676,138
  • Program Service Revenue: $4,574,688
  • Gross Receipts: $25,484,498

Assets and Liabilities:

  • Total Assets: $99,452,230
  • Total Liabilities: $91,600,268
  • Net Assets: $7,851,962

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Programs

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

Premium Income - Life

Revenue

$3,813,956

Premium Income - Annuity

Revenue

$609,421

Premium Income - A&H

Revenue

$151,311

Organization Details

Founding Year

1877

Principal Officer

John Crisanti

Main Address

61 Batterymarch Street, Boston, MA, 02110

NTEE Category

Code: Y40 - Mutual benefit

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