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The Ohio Masonic Home Benevolent Endowment Foundation Inc

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

EIN: 311451818 ✦ Springfield, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Ohio Masonic Home Benevolent Endowment Foundation Inc?

The Ohio Masonic Home Benevolent Endowment Foundation Inc is a philanthropic organization based in Springfield, Ohio, with a focus on providing support to The Ohio Masonic Home and its tax-exempt subsidiaries. Their primary role involves funding the charitable activities of these entities, which includes operating the home, maintaining and developing facilities, and soliciting support on their behalf. In 2022, the foundation facilitated significant contributions totaling over $4.9 million for these entities. The foundation's activities reflect the largest philanthropic expression of Ohio Freemasonry, ensuring fiscal responsibility through sound investment management, fundraising, and spending policies. The objective of The Ohio Masonic Home Benevolent Endowment Foundation is to uphold the mission of The Ohio Masonic Home, which aims to be a trusted partner in helping communities thrive. The organization employs a team of nine individuals.


Official website here: www.omcfoundation.org

What do the Facebook reviews say about The Ohio Masonic Home Benevolent Endowment Foundation Inc?

Currently, The Ohio Masonic Home Benevolent Endowment Foundation Inc has received limited reviews, with a couple of users not specifically commenting on the nonprofit’s mission or services. The existing feedback primarily features content unrelated to the foundation’s intended philanthropic efforts.

Given the absence of direct insights into the organization’s operations or impact, it's challenging to draw a comprehensive conclusion about user satisfaction or service efficacy. However, there appears to be a lack of focused evaluation from reviewers that would typically inform potential supporters about the nonprofit’s performance.

As it stands, more community-driven reviews would be beneficial to understand the sentiments and experiences related to The Ohio Masonic Home Benevolent Endowment Foundation Inc.


This AI summary has been generated from reviews found on Facebook.

Is The Ohio Masonic Home Benevolent Endowment Foundation Inc legitimate?

The Ohio Masonic Home Benevolent Endowment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ohio Masonic Home Benevolent Endowment Foundation Inc 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: $222,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,347

For more financial information, click here


Official website here: www.omcfoundation.org

What is the mission statement of The Ohio Masonic Home Benevolent Endowment Foundation Inc?

The Ohio Masonic Home Benevolent Endowment Foundation Inc's mission aligns with that of the Ohio Masonic Home, aiming to be a supportive partner in community development. The primary objective of the Foundation is to ensure fiscally responsible philanthropy through sound investment management, fundraising, and spending policies. The Foundation's activities primarily involve providing financial support to the Ohio Masonic Home and its subsidiaries, contributing to the charitable activities of these organizations, including facility maintenance, development, and solicitation of support. In 2022, the Foundation facilitated significant contributions towards the Ohio Masonic Home, its affiliates, and itself, totaling over $4.9 million. The Foundation's work is instrumental in enabling individuals to age with respect and dignity.


Official website here: www.omcfoundation.org

Who is the CEO of The Ohio Masonic Home Benevolent Endowment Foundation Inc?

Steve Petitjean is the Treasurer of The Ohio Masonic Home Benevolent Endowment Foundation Inc. The CEO's salary of The Ohio Masonic Home Benevolent Endowment Foundation Inc is $0 and their total compensation is $320,744.


Official website here: www.omcfoundation.org

What is the revenue of The Ohio Masonic Home Benevolent Endowment Foundation Inc?

The Ohio Masonic Home Benevolent Endowment Foundation Inc's revenue in 2022 was $6,080,924.


Official website here: www.omcfoundation.org

Who are the executives of The Ohio Masonic Home Benevolent Endowment Foundation Inc and what are their salaries?

The average compensation at The Ohio Masonic Home Benevolent Endowment Foundation Inc during 2022 was $53,367. There are 9 employees and 69 volunteers at The Ohio Masonic Home Benevolent Endowment Foundation Inc.


Here are 11 key members and their salaries (The Ohio Masonic Home Benevolent Endowment Foundation Inc's CEO's salary is $0 and their total compensation is $320,744):


James Williamson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Snead (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Fosnot (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde Huddleston Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Howard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Gloor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott A Buchanan (Ceo, The Ohio Masonic Home)
  • Compensation: $0
  • Related: $286,095
  • Other: $34,649
Brooke Herring (Cfo, The Ohio Masonic Home)
  • Compensation: $0
  • Related: $172,189
  • Other: $24,821
Steven Petitjean (Executive Director, Omh Foundation)
  • Compensation: $214,786
  • Related: $0
  • Other: $8,174
Mark Harris (Director Of Fund Development)
  • Compensation: $101,178
  • Related: $0
  • Other: $26,491
Amber Brown (Director Of Development)
  • Compensation: $109,550
  • Related: $0
  • Other: $4,218


Official website here: www.omcfoundation.org

Where can I find the form 990 for The Ohio Masonic Home Benevolent Endowment Foundation Inc?

The Ohio Masonic Home Benevolent Endowment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.omcfoundation.org

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

Mission Statement of The Ohio Masonic Home Benevolent Endowment Foundation Inc

The Ohio Masonic Home Benevolent Endowment Foundation, in line with the mission of the Ohio Masonic Home, aims to be a reliable partner in fostering the prosperity of communities. Adopting the Ohio Masonic Home's adopted mission, this foundation strives to utilize sound financial strategies, including prudent investment management, fundraising, and spending policies, to deliver aid and elderly care services. This approach enables individuals to age with dignity and respect. The foundation supports the Ohio Masonic Home and its tax-exempt subsidiaries, funding their charitable activities, such as the operation of the home, facility maintenance and development, and solicitation of support on behalf of the Ohio Masonic Home and its subsidiaries. In 2022, the Ohio Masonic Home Benevolent Endowment Foundation facilitated significant contributions totaling $4,966,901, demonstrating its commitment to supporting the Ohio Masonic Home, its affiliates, and the foundation itself.

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Impact




October, 2024

The Ohio Masonic Home Benevolent Endowment Foundation Inc significantly impacts the community by championing the welfare of aging individuals through robust philanthropic efforts. With a commitment to fiscal responsibility, the Foundation employs sound investment management, fundraising, and spending policies that effectively support the Ohio Masonic Home and its subsidiaries.

In 2022 alone, the Foundation facilitated nearly $5 million in contributions, integrating financial support for both the operations of the Home and the development of its facilities. This funding is critical in maintaining a high standard of care and ensuring residents can age with dignity and respect. The Foundation’s strategic focus on philanthropy enables it to act as a trusted partner in enhancing the quality of life for elderly individuals, thereby contributing to stronger, healthier communities.

By underpinning essential services and initiatives, the Foundation not only sustains its mission but also actively fosters environments where individuals can thrive as they age.




This information is meant to be a general summary of The Ohio Masonic Home Benevolent Endowment Foundation Inc. 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
$6,080,924 (2022)
Expenses
$2,211,096 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,466,249
  • Gross Receipts: $6,157,519

Assets and Liabilities:

  • Total Assets: $215,578,947
  • Total Liabilities: $223,937
  • Net Assets: $215,355,010

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Organization Details

Founding Year

1995

Principal Officer

Steve Petitjean

Main Address

FIVE MASONIC DRIVE, SPRINGFIELD, OH, 455043658

NTEE Category

Code: T11 - Philanthropy

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