Overview
What is Masonic Temple Company?
The Masonic Temple Company is a real estate title holding organization, specifically established by the Masonic lodges in Portsmouth, Ohio. Its primary role is to maintain the building that serves as the meeting place and headquarters for these Masonic groups. The corporation collects rent not only from the Masonic lodges but also from other tenants occupying the building. With a workforce of six employees, the Masonic Temple Company plays a crucial role in upholding the physical infrastructure of the Masonic community in Portsmouth.
Is Masonic Temple Company legitimate?
Masonic Temple Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Masonic Temple Company 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: $124,571
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What is the mission statement of Masonic Temple Company?
The Masonic Temple Company serves as a title-holding entity for a building used by various Masonic lodges for meetings and office space. Its primary function involves maintaining the property, collecting rent from the Masonic lodges and other tenants. The company's purpose is to ensure the upkeep and management of the building, thereby facilitating the activities of the Masonic lodges within it.
Who is the CEO of Masonic Temple Company?
Cb Herrmann is the Secretary of Masonic Temple Company.
What is the revenue of Masonic Temple Company?
Masonic Temple Company's revenue in 2022 was $356,329.
Who are the executives of Masonic Temple Company and what are their salaries?
The average compensation at Masonic Temple Company during 2022 was $20,762. There are 6 employees at Masonic Temple Company.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Masonic Temple Company?
Masonic Temple Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Masonic Temple Company
The Masonic Temple Company, established by the Masonic lodges, serves as a title-holding entity for the building where these lodges meet and conduct their operations. Its primary mission is to maintain this building, collecting rent from the Masonic lodges and other tenants to ensure its upkeep. By doing so, the Masonic Temple Company plays a vital role in supporting the continued presence and activities of the Masonic lodges within their community.
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Impact
October, 2024
Masonic Temple Company plays a vital role in the Portsmouth community by maintaining the building that serves as the meeting place for local Masonic lodges. By holding the title to this property, the company ensures that the Masonic lodges have a dedicated space for their meetings and operations, fostering a sense of community and continuity among members. The revenue generated from rent collected from both the lodges and other tenants allows for the upkeep and maintenance of the building, ensuring it remains a functional and welcoming environment.
Beyond providing physical space, the Masonic Temple Company contributes to the community's social fabric, supporting various Masonic activities aimed at community improvement. This not only preserves the historical significance of the Masonic lodges in Portsmouth but also encourages community engagement and connection among local residents. Through its stewardship of the property, Masonic Temple Company enhances the overall vibrancy and cohesion of the Portsmouth area.
This information is meant to be a general summary of Masonic Temple Company. 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: $21
- Program Service Revenue: $356,308
- Gross Receipts: $356,329
Assets and Liabilities:
- Total Assets: $782,676
- Total Liabilities: $49,647
- Net Assets: $733,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$356,308
Organization Details
Founding Year
1956
Phone
(740) 353-2690Principal Officer
Cb Herrmann
Main Address
P O BOX 298, PORTSMOUTH, OH, 45662
NTEE Category
Code: S47 - Community improvement
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