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Masonic Village Inc

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

EIN: 421302120 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Masonic Village Inc?

Masonic Village Inc, situated in Bettendorf, Iowa, is a nonprofit organization committed to offering housing solutions for senior citizens. Specifically, they manage a retirement facility comprising 40 independent living apartments. The organization's primary mission is to provide care and housing for the elderly and infirm, ensuring their overall well-being. This mission is reflected in their activities and operations, which are centered around offering a comfortable living environment for their senior residents.


Official website here: www.iowamasonic.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating

Masonic Village Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored exceptionally well in various criteria, particularly in having a fully independent board and maintaining a robust audit and oversight committee. With a high program expense ratio of 74.28%, it demonstrates a focus on allocating resources effectively towards its mission.

Strengths highlighted include an absence of material diversion of assets and comprehensive policies in place, such as conflict of interest and whistleblower policies. These factors contribute to Masonic Village Inc's credibility and operational integrity. The organization also excels in transparency, with all necessary documents listed appropriately, which enhances its trustworthiness among donors and stakeholders.

While the overall rating is impressive, it's important for potential supporters to remain informed about the organization's specific programs and the impact of its work in the community. Continued monitoring of financial health and program effectiveness will be key to ensuring that Masonic Village Inc maintains its high standards and meets the evolving needs of those it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Masonic Village Inc legitimate?

Masonic Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Village 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,835

For more financial information, click here


Official website here: www.iowamasonic.org

What is the mission statement of Masonic Village Inc?

Masonic Village Inc, as an organization, is dedicated to providing care and housing for the elderly and infirm. This mission is carried out through the operation of retirement facilities, offering independent living apartments for senior citizens, as exemplified by their 40-unit retirement facility. The primary goal is to ensure the elderly and infirm receive the necessary care and housing to live comfortably and securely.


Official website here: www.iowamasonic.org

Who is the CEO of Masonic Village Inc?

Jason Wolcott is the President of Masonic Village Inc.


Official website here: www.iowamasonic.org

What is the revenue of Masonic Village Inc?

Masonic Village Inc's revenue in 2022 was $757,921.


Official website here: www.iowamasonic.org

Who are the executives of Masonic Village Inc and what are their salaries?


Here are 6 key members and their salaries:


Tami Tegeler (Executive Di)
  • Compensation: $0
  • Related: $33,888
  • Other: $4,055
Lynn Broughton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Brown (Chaplain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Buckley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Soebbing (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wolcott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iowamasonic.org

Where can I find the form 990 for Masonic Village Inc?

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


Official website here: www.iowamasonic.org

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

Mission Statement of Masonic Village Inc

Masonic Village Inc, as described, is committed to providing care and housing for the elderly and infirm. This mission is carried out through the operation of a retirement facility, specifically consisting of 40 independent-living apartments. In simpler terms, Masonic Village Inc aims to offer a home and necessary care services for senior citizens who require assistance due to age or health issues. This commitment is reflected in the provision of housing, ensuring the elderly can live with dignity and comfort.

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Impact




July, 2024

Masonic Village Inc's impact is significant as it provides care and housing for the elderly and infirm in Bettendorf, IA. By operating a retirement facility with independent-living apartments, Masonic Village Inc offers a supportive environment for senior citizens. This helps to ensure that the elderly population in the area have access to the care and community they need to thrive in their later years. Through its focus on human services, Masonic Village Inc contributes to the well-being and quality of life of the elderly residents it serves.




This information is meant to be a general summary of Masonic Village 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
$757,921 (2022)
Expenses
$556,341 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,324
  • Program Service Revenue: $708,592
  • Gross Receipts: $757,921

Assets and Liabilities:

  • Total Assets: $2,041,409
  • Total Liabilities: $257,689
  • Net Assets: $1,783,720

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Programs

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

APARTMENT RENTAL

Revenue

$708,592

Organization Details

Founding Year

1987

Principal Officer

Jason Wolcott

Main Address

2500 GRANT STREET, BETTENDORF, IA, 52722

NTEE Category

Code: P75Z - Human services

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