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Bangor Masonic Foundation

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

EIN: 205384293 ✦ Bangor, ME ✦ Designated as a 501(c)(3)

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Overview

What is Bangor Masonic Foundation?

Bangor Masonic Foundation is a nonprofit organization situated in Bangor, Maine, with its headquarters at 294 UNION ST 1. Their primary mission is centered around the establishment, operation, and maintenance of a learning center, museum, library, and related facilities. The foundation has been actively working on capital improvements to its premises, which includes preparing space for the planned Masonic Museum and Library. In addition to their own initiatives, they have been generous in providing their facilities free of charge to the Masonic Children's Learning Center and offering meeting spaces to local non-profits, Masonic bodies, and various organizations, in exchange for usage fees.


Official website here: www.bangormasonic.org

Is Bangor Masonic Foundation legitimate?

Bangor Masonic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bangor Masonic Foundation 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bangormasonic.org

What is the mission statement of Bangor Masonic Foundation?

The Bangor Masonic Foundation's mission is centered around establishing, managing, and maintaining a learning center, museum, library, and related facility. Its primary objective is to provide a conducive environment for learning and research. Throughout the year, the foundation makes capital improvements to its facilities, with plans for a Masonic Museum and Library. The foundation also extends its facilities free of charge to the Masonic Children's Learning Center and offers meeting space to local non-profit organizations, Masonic bodies, and other groups, charging usage fees in return.


Official website here: www.bangormasonic.org

Who is the CEO of Bangor Masonic Foundation?

Barbara Mcdade is the President of Bangor Masonic Foundation.


Official website here: www.bangormasonic.org

What is the revenue of Bangor Masonic Foundation?

Bangor Masonic Foundation's revenue in 2022 was $137,667.


Official website here: www.bangormasonic.org

Who are the executives of Bangor Masonic Foundation and what are their salaries?

There 6 volunteers at Bangor Masonic Foundation.


Here are 6 key members and their salaries:


Susan Hawes (Secretary)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Ronald Forrest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert R Landry (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mcdade (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Mower (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary W Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bangormasonic.org

Where can I find the form 990 for Bangor Masonic Foundation?

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


Official website here: www.bangormasonic.org

Learn more at the official website: www.bangormasonic.org

Mission Statement of Bangor Masonic Foundation

The Bangor Masonic Foundation is dedicated to the establishment, operation, and upkeep of a learning center, museum, library, and related facilities. This nonprofit organization focuses on ensuring the successful implementation of these facilities, serving as a hub for educational and informational resources. The foundation further extends its services by offering its facilities free of charge to the Masonic Children's Learning Center and providing meeting spaces to various local non-profits, Masonic bodies, and organizations, in exchange for usage fees. By doing so, the Bangor Masonic Foundation plays a significant role in supporting educational initiatives and fostering a collaborative environment for various organizations in the community.

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Impact




October, 2024

The Bangor Masonic Foundation plays a significant role in enriching the community of Bangor, Maine, through the establishment and ongoing enhancement of a learning center, museum, library, and related facilities. This initiative not only preserves Masonic history but also provides a space for educational and cultural engagement.

By making capital improvements to its facilities, the foundation supports a planned Masonic museum and library, ensuring that future generations can access valuable resources and learn about Masonic traditions and values. Furthermore, the foundation facilitates community involvement by offering its space at no cost to the Masonic Children's Learning Center, helping to nurture the educational needs of local youth.

In addition, the foundation opens its doors to various local nonprofits, Masonic bodies, and other organizations, providing them with meeting space that fosters collaboration and strengthens community ties. This accessibility and support not only enhance the foundation's mission but also contribute positively to the overall fabric of the Bangor community, promoting human services and encouraging communal growth and connection.




This information is meant to be a general summary of Bangor Masonic Foundation. 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
$137,667 (2022)
Expenses
$170,379 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,565
  • Program Service Revenue: $82,853
  • Gross Receipts: $207,689

Assets and Liabilities:

  • Total Assets: $1,676,038
  • Total Liabilities: $0
  • Net Assets: $1,676,038

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Programs

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

USAGE FEES

Revenue

$82,853

Organization Details

Founding Year

1997

Principal Officer

Barbara Mcdade

Main Address

294 UNION ST 1, BANGOR, ME, 04401

NTEE Category

Code: P80 - Human services

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