Overview
What is Eau Claire Masonic Board Of Trustees Ltd?
Eau Claire Masonic Board Of Trustees Ltd is a nonprofit organization located at 616 Graham Ave, Eau Claire, Wisconsin 54701. Its primary function is to hold property titles and collect income derived from these properties. This income is then transferred in entirety to other organizations that hold a tax-exempt status under section 501(c). With a workforce of 13 individuals, the organization plays a crucial role in supporting exempt organizations by providing them with financial resources.
Is Eau Claire Masonic Board Of Trustees Ltd legitimate?
Eau Claire Masonic Board Of Trustees Ltd is a legitimate nonprofit organization registered as a 501(c)(2) entity. Eau Claire Masonic Board Of Trustees Ltd 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
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What is the mission statement of Eau Claire Masonic Board Of Trustees Ltd?
The Eau Claire Masonic Board of Trustees Ltd's primary role is to manage property and generate income. This organization, adhering to its exclusive purpose, collects income from the property and subsequently transfers the entire amount to organizations that are themselves exempt under section 501(c). This means that the Eau Claire Masonic Board of Trustees Ltd serves as a conduit, channeling resources to other charitable entities that qualify for tax-exempt status.
Who is the CEO of Eau Claire Masonic Board Of Trustees Ltd?
Jerome J Gebert is the Director of Eau Claire Masonic Board Of Trustees Ltd.
What is the revenue of Eau Claire Masonic Board Of Trustees Ltd?
Eau Claire Masonic Board Of Trustees Ltd's revenue in 2022 was $155,106.
Who are the executives of Eau Claire Masonic Board Of Trustees Ltd and what are their salaries?
There are 13 employees and 19 volunteers at Eau Claire Masonic Board Of Trustees Ltd.
Here are 7 key members and their salaries:
- Compensation: $16,975
- Related: $0
- Other: $0
- Compensation: $12,784
- Related: $0
- Other: $0
- Compensation: $5,163
- Related: $0
- Other: $0
- 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 Eau Claire Masonic Board Of Trustees Ltd?
Eau Claire Masonic Board Of Trustees Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eau Claire Masonic Board Of Trustees Ltd
The Eau Claire Masonic Board of Trustees Ltd has a distinct mission. This nonprofit organization's primary objective is to serve as a custodian for property titles and collect any associated income. The intriguing aspect of their mission is that they do not retain any of this income for themselves. Instead, they generously donate the entire sum to organizations that are exempt under section 501(c) of the Internal Revenue Code. This means that Eau Claire Masonic Board of Trustees Ltd plays a significant role in channeling resources to charitable organizations, thereby contributing to their noble causes.
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Impact
October, 2024
Eau Claire Masonic Board Of Trustees Ltd significantly contributes to the community by managing and maintaining properties that generate income, which is then redistributed to organizations that qualify under 501(c) exemptions. This strategic approach not only ensures the preservation of valuable assets but also maximizes the impact of financial resources in the community.
By focusing on the collection and distribution of income, the Board helps fund initiatives that improve the community, support local nonprofits, and drive positive social change. Their efforts bolster the operations of various charitable organizations, facilitating programs and services that enhance the well-being of residents in Eau Claire and surrounding areas. Through this cycle of property management and financial support, Eau Claire Masonic Board Of Trustees Ltd plays a crucial role in fostering community improvement and promoting a collaborative spirit among local organizations.
This information is meant to be a general summary of Eau Claire Masonic Board Of Trustees Ltd. 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: $11,706
- Gross Receipts: $538,427
Assets and Liabilities:
- Total Assets: $506,465
- Total Liabilities: $301,981
- Net Assets: $204,484
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Organization Details
Phone
(715) 835-8636Principal Officer
Jerome J Gebert
Main Address
616 Graham Ave, Eau Claire, WI, 54701
NTEE Category
Code: S47 - Community improvement
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