Masonic Holding Corporation

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

EIN: 420399375 ✦ Marshalltown, IA ✦ Designated as a 501(c)(2)

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Overview

What is Masonic Holding Corporation?

Masonic Holding Corporation is a nonprofit organization based in Marshalltown, Iowa, specifically at 26-30 South 1st Avenue. The primary mission of this organization is to maintain and maintain a building for the Masonic Temple and associated Masonic bodies. While the information provided does not detail the specific services or programs offered, it's clear that the organization's main focus is dedicated to supporting the Masonic Temple and related Masonic organizations.

Is Masonic Holding Corporation legitimate?

Masonic Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Masonic Holding Corporation 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: $16,018

For more financial information, click here

What is the mission statement of Masonic Holding Corporation?

Masonic Holding Corporation's mission is centered around maintaining a building that serves as a Masonic Temple and houses various Masonic organizations. The corporation's primary objective is to ensure the upkeep and preservation of this significant space, catering to the needs of related Masonic bodies. This involves managing and maintaining the physical infrastructure to provide a suitable environment for the Masonic community.

Who is the CEO of Masonic Holding Corporation?

Micheal L Sharp is the President of Masonic Holding Corporation.

What is the revenue of Masonic Holding Corporation?

Masonic Holding Corporation's revenue in 2022 was $135,656.

Who are the executives of Masonic Holding Corporation and what are their salaries?


Here are 4 key members and their salaries:


Micheal L Sharp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry D Hughes (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Hunt Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis A Lynk (Lodge Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Masonic Holding Corporation?

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

Mission Statement of Masonic Holding Corporation

Masonic Holding Corporation is committed to maintaining a building that serves as a home for various Masonic temples and related Masonic organizations. This mission involves the upkeep and management of the facilities, ensuring they remain suitable for the activities and gatherings of these Masonic bodies. The corporation's role is pivotal in preserving these spaces, which are significant to the Masonic community and its rituals. By maintaining the Masonic Temple, Masonic Holding Corporation contributes to the continuity and prosperity of these Masonic organizations.

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Impact




October, 2024

Masonic Holding Corporation significantly impacts the local community in Marshalltown, Iowa, by maintaining a facility dedicated to the Masonic Temple and its affiliated bodies. This stewardship ensures that the historic building remains a vital part of the community, providing a space for various activities, gatherings, and events that foster camaraderie among members and promote community cohesion.

By preserving the Masonic Temple, the corporation contributes to the cultural and historical heritage of Marshalltown. The facility serves as a hub for community improvement initiatives, offering a venue for educational programs, charitable events, and social functions. In doing so, it not only strengthens the Masonic community but also enhances the overall social fabric of the area, encouraging collaboration and community involvement.

Furthermore, Masonic Holding Corporation's commitment to maintaining this building reflects a dedication to service and philanthropy, supporting related Masonic bodies in their mission to give back to the community and support various charitable endeavors. The impact of their work resonates beyond the walls of the temple, fostering a sense of belonging and purpose among community members, and encouraging the tradition of service that the Masonic organization embodies.




This information is meant to be a general summary of Masonic Holding Corporation. 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
$135,656 (2022)
Expenses
$139,821 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $135,652
  • Gross Receipts: $135,656

Assets and Liabilities:

  • Total Assets: $729,834
  • Total Liabilities: $353,001
  • Net Assets: $376,833

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Programs

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

EXCESS HEATING COSTS

Revenue

$289

POP & O.E.S.

Revenue

$200

Organization Details

Founding Year

1900

Principal Officer

Micheal L Sharp

Main Address

26-30 SOUTH 1ST AVENUE, MARSHALLTOWN, IA, 50158

NTEE Category

Code: S47 - Community improvement

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