Overview
What is Valley Freemasons Building Assoc Of Connecticut?
Valley Freemasons Building Assoc of Connecticut is a nonprofit organization, specifically exempt from federal income taxes under section 501(C)(2), situated in Simsbury, Connecticut. The primary purpose of this association is to manage and collect income from real and personal property, which is then distributed in its entirety, after deducting expenses, to Valley Lodge 36, A.F. & A.M. This partnership allows Valley Lodge 36 to utilize the income for its operations, contributing to its mission and objectives.
Is Valley Freemasons Building Assoc Of Connecticut legitimate?
Valley Freemasons Building Assoc Of Connecticut is a legitimate nonprofit organization registered as a 501(c)(2) entity. Valley Freemasons Building Assoc Of Connecticut 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Valley Freemasons Building Assoc Of Connecticut?
The Valley Freemasons Building Association of Connecticut, as a tax-exempt organization under 501(C)(2), holds title to both real and personal property. It collects income from these properties and distributes the majority of the funds, after deducting expenses, to Valley Lodge 36, a branch of the Ancient Free and Accepted Masons. The primary function of this association is to financially support Valley Lodge 36.
Who is the CEO of Valley Freemasons Building Assoc Of Connecticut?
John Pearson is the Secretary of Valley Freemasons Building Assoc Of Connecticut.
What is the revenue of Valley Freemasons Building Assoc Of Connecticut?
Valley Freemasons Building Assoc Of Connecticut's revenue in 2022 was $23,018.
Who are the executives of Valley Freemasons Building Assoc Of Connecticut and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Valley Freemasons Building Assoc Of Connecticut?
Valley Freemasons Building Assoc Of Connecticut's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley Freemasons Building Assoc Of Connecticut
Valley Freemasons Building Association of Connecticut, as a nonprofit organization, is exempt from federal income taxes under section 501(C)(2). Its primary mission is to hold title to both real and personal properties and generate income from these assets. The association then turns over the entire income, minus expenses, to Valley Lodge 36, A.F. & A.M., designated as the distributee. In essence, Valley Freemasons Building Association of Connecticut serves as a financial intermediary, collecting income from its properties and distributing it to Valley Lodge 36, A.F. & A.M. This financial relationship allows Valley Lodge 36 to benefit from the association's income-generating activities, ultimately contributing to its operations and objectives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Valley Freemasons Building Association of Connecticut plays a crucial role in supporting the activities and operations of Valley Lodge 36, A.F. & A.M. By holding title to property exempt from federal income tax, the association ensures that resources can be efficiently managed and allocated.
This financial model allows for the collection of income from both real and personal property, which is then directed to the lodge, less any operational expenses. This setup not only bolsters the lodge's financial stability but also enables it to focus on its community improvement initiatives.
Consequently, the association's operations contribute to the continuity of programs and services offered by Valley Lodge 36, fostering a sense of community and enhancing local engagement. By securing essential resources for these activities, the Valley Freemasons Building Association has a significant impact on both its members and the broader community in Simsbury, CT.
This information is meant to be a general summary of Valley Freemasons Building Assoc Of Connecticut. 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: $18
- Program Service Revenue: $22,900
- Gross Receipts: $23,018
Assets and Liabilities:
- Total Assets: $465,385
- Total Liabilities: $0
- Net Assets: $465,385
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING, SIMSBURY CT
Revenue
$22,900
Organization Details
Founding Year
2005
Principal Officer
John Pearson
Main Address
991 HOPMEADOW STREET, SIMSBURY, CT, 06070
NTEE Category
Code: S47 - Community improvement
If you are a representative of Valley Freemasons Building Assoc Of Connecticut and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.