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Grand Lodge Of New Jersey Ashlar Fund Inc

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

EIN: 472295010 ✦ Trenton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Grand Lodge Of New Jersey Ashlar Fund Inc?

The Grand Lodge of New Jersey Ashlar Fund Inc is a charitable organization, abiding by Section 501(c)(3) of the Internal Revenue Code. Their primary mission is to uphold the Masonic tradition of compassionately supporting master masons and their families. This nonprofit aims to fulfill their Masonic duties, striving to provide aid and assistance to their Masonic community. The Grand Lodge of New Jersey Ashlar Fund functions as a dedicated fund, dedicated to honoring its Masonic commitments.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

The Grand Lodge of New Jersey Ashlar Fund Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 87%. This rating is based solely on the organization's accountability and finance practices. An important highlight is the charity's complete independence in its board composition, with all ten members being independent, which is a significant strength in terms of governance and oversight.

The organization excels in several financial metrics, including a 100% program expense ratio, meaning that all of its expenses are directed towards its core mission rather than administrative costs. Furthermore, the charity has demonstrated strong fiscal responsibility, as indicated by a low liabilities-to-assets ratio of just 0.16%. This suggests a sound financial position, allowing the charity to operate effectively without over-relying on debt.

However, while the overall financial health and governance structure seem robust, the rating is based exclusively on accountability and finance metrics. Potential donors and stakeholders may want to consider additional factors such as the impact of the programs and services provided by the organization to gain a complete understanding of its effectiveness in fulfilling its mission.


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

Is Grand Lodge Of New Jersey Ashlar Fund Inc legitimate?

Grand Lodge Of New Jersey Ashlar Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Lodge Of New Jersey Ashlar Fund 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: $0

For more financial information, click here

What is the mission statement of Grand Lodge Of New Jersey Ashlar Fund Inc?

The Grand Lodge of New Jersey Ashlar Fund has a mission to serve as a charitable entity, fulfilling its Masonic obligations towards the Masonic community. This includes caring for master masons and their families, aligning with the spirit of Section 501(c)(3) of the Internal Revenue Code of 1986, which supports charitable, educational, scientific, and religious purposes. The fund aims to uphold its Masonic duty of care and support within this context.

Who is the CEO of Grand Lodge Of New Jersey Ashlar Fund Inc?

David Dorworth is the President of Grand Lodge Of New Jersey Ashlar Fund Inc.

What is the revenue of Grand Lodge Of New Jersey Ashlar Fund Inc?

Grand Lodge Of New Jersey Ashlar Fund Inc's revenue in 2022 was $500,826.

Who are the executives of Grand Lodge Of New Jersey Ashlar Fund Inc and what are their salaries?


Here are 12 key members and their salaries:


Gerald J Sharpe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Wilson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dorworth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Scott 52020-112020 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Monacelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Olsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Vander Horn 112020-42021 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Churney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Blades (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Stein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Olsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grand Lodge Of New Jersey Ashlar Fund Inc?

Grand Lodge Of New Jersey Ashlar Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grand Lodge Of New Jersey Ashlar Fund Inc

The Grand Lodge of New Jersey Ashlar Fund is committed to fulfilling its Masonic obligations towards its Masonic family. Established with charitable, educational, scientific, and religious purposes in mind, this organization operates under Section 501(c)(3) of the Internal Revenue Code of 1986. The Grand Lodge of New Jersey Ashlar Fund strives to uphold the Masonic principle of caring for master masons and their families, ensuring they receive the necessary support and aid.

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Impact




July, 2024

The Grand Lodge of New Jersey Ashlar Fund Inc provides crucial support and assistance to master masons and their families, embodying the core values of charity and compassion within the Masonic community. Through its philanthropic efforts, the organization positively impacts the lives of those it serves, helping to fulfill Masonic obligations and creating a strong support network for those in need. Their work exemplifies the spirit of giving and solidarity that is essential within the Masonic fraternity, fostering a sense of unity and care among members.




This information is meant to be a general summary of Grand Lodge Of New Jersey Ashlar Fund 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
$500,826 (2022)
Expenses
$131,589 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $500,326
  • Gross Receipts: $23,933,068

Assets and Liabilities:

  • Total Assets: $6,377,520
  • Total Liabilities: $0
  • Net Assets: $6,377,520

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Organization Details

Founding Year

2013

Principal Officer

David Dorworth

Main Address

100 Barrack Street, Trenton, NJ, 086082008

NTEE Category

Code: T31 - Philanthropy

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