Overview
What is Washington Masonic Grand Lodge Building Association?
The Washington Masonic Grand Lodge Building Association is a title-holding company, primarily responsible for managing the building that serves as the Grand Lodge of Washington's headquarters. This nonprofit organization leases out the property to various Masonic organizations and manages related expenses, ensuring the building remains operational. On a monthly basis, the association provides financial statements detailing income and expenses, while also offering quarterly reports and ongoing year-to-date financials. In essence, the Washington Masonic Grand Lodge Building Association plays a crucial role in maintaining the Grand Lodge's physical space and managing its financial operations.
Is Washington Masonic Grand Lodge Building Association legitimate?
Washington Masonic Grand Lodge Building Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Washington Masonic Grand Lodge Building Association 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.
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What is the mission statement of Washington Masonic Grand Lodge Building Association?
The Washington Masonic Grand Lodge Building Association's primary objective is to oversee and manage a building on behalf of the Grand Lodge of Washington. As a title-holding company, its role involves renting out the building to various Masonic organizations and managing related expenses. The association provides regular financial reports, including monthly income and expense statements against a budget, and quarterly reports detailing year-to-date financials. Its primary function is to ensure the smooth operation and maintenance of the building for the benefit of the Grand Lodge of Washington.
Who is the CEO of Washington Masonic Grand Lodge Building Association?
Robert Thompson is the President of Washington Masonic Grand Lodge Building Association.
What is the revenue of Washington Masonic Grand Lodge Building Association?
Washington Masonic Grand Lodge Building Association's revenue in 2023 was $76,622.
Who are the executives of Washington Masonic Grand Lodge Building Association and what are their salaries?
There 7 volunteers at Washington Masonic Grand Lodge Building Association.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Washington Masonic Grand Lodge Building Association?
Washington Masonic Grand Lodge Building Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Washington Masonic Grand Lodge Building Association
The Washington Masonic Grand Lodge Building Association serves a unique purpose within its realm. In essence, this organization is tasked with managing and maintaining a building that belongs to the Grand Lodge of Washington. This involves overseeing the property's operations, ensuring its upkeep, and renting out the space to various Masonic organizations. The association collects rent on a monthly basis and meticulously manages the related expenses. Furthermore, it provides a comprehensive financial report on a monthly basis, detailing income and expenditures against a pre-set budget. Additionally, the association offers quarterly reports, as well as ongoing year-to-date financials, providing a transparent and detailed picture of its financial status.
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Impact
October, 2024
The Washington Masonic Grand Lodge Building Association plays a crucial role in the management and preservation of the Grand Lodge of Washington’s facilities. By owning and managing the building, the Association ensures that the operational aspects are efficiently handled, allowing the Grand Lodge to focus on its core activities. This includes renting out space to other Masonic organizations, which not only generates a steady income but also fosters community and collaboration within the Masonic network.
The Association’s financial oversight, which includes providing monthly financial statements and quarterly reports, promotes transparency and accountability in its operations. This diligent management of resources ensures that the building remains a viable and well-maintained asset for Masonic activities, enhancing the overall experience for its members and guests.
Furthermore, by facilitating the use of the building for various Masonic events and activities, the Association helps sustain a vibrant Masonic community in University Place, WA. The impact of the Washington Masonic Grand Lodge Building Association extends beyond mere financial management; it strengthens bonds within the community, preserves the heritage of the Masonic tradition, and ensures that the building serves as a lasting resource for future generations.
This information is meant to be a general summary of Washington Masonic Grand Lodge Building Association. 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 2023.
- Gross Receipts: $279,080
Assets and Liabilities:
- Total Assets: $2,397,217
- Total Liabilities: $0
- Net Assets: $2,397,217
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Organization Details
Founding Year
2013
Phone
(425) 891-1485Principal Officer
Robert Thompson
Main Address
4970 BRIDGEPORT WAY N, UNIVERSITY PLACE, WA, 98467
NTEE Category
Code: Y11 - Mutual benefit
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