Masonic Temple Association Of Denver

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

EIN: 840260090 ✦ Denver, CO ✦ Designated as a 501(c)(2)

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Overview

What is Masonic Temple Association Of Denver?

The Masonic Temple Association of Denver is a 501c2-designated organization, situated at 1614 Welton Street STE 500, Denver, Colorado. Its primary function involves managing and holding title to real property on behalf of tax-exempt entities. Any surplus revenues not needed for this purpose are annually distributed to these affiliated entities. The organization is dedicated to managing the real assets of nonprofit associations. With a workforce of just four individuals, it plays a crucial role in supporting the property-related needs of various nonprofit associations in the area.

Is Masonic Temple Association Of Denver legitimate?

Masonic Temple Association Of Denver is a legitimate nonprofit organization registered as a 501(c)(2) entity. Masonic Temple Association Of Denver 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: $6,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,505

For more financial information, click here

What is the mission statement of Masonic Temple Association Of Denver?

The Masonic Temple Association of Denver is structured as a 501c2 organization, with a primary objective to manage and hold title to real assets on behalf of tax-exempt associations. Its main function involves overseeing the real property of these nonprofits. Annually, any surplus revenues not required for this purpose are distributed among the shareholding entities.

Who is the CEO of Masonic Temple Association Of Denver?

Claud Dutro is the President of Masonic Temple Association Of Denver.

What is the revenue of Masonic Temple Association Of Denver?

Masonic Temple Association Of Denver's revenue in 2022 was $371,571.

Who are the executives of Masonic Temple Association Of Denver and what are their salaries?

The average compensation at Masonic Temple Association Of Denver during 2022 was $5,763. There are 4 employees at Masonic Temple Association Of Denver.


Here are 7 key members and their salaries:


Claud E Dutro (President)
  • Compensation: $6,548
  • Related: $0
  • Other: $0
Grover Sardeson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gaffney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald D Birely (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Crask (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Whelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Masonic Temple Association Of Denver?

Masonic Temple Association Of Denver's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Masonic Temple Association Of Denver

The Masonic Temple Association of Denver, as a 501c2 entity, is organized with a specific mission. Its primary purpose is to manage and hold title to the real estate assets of various tax-exempt organizations. By fulfilling this role, the association enables these nonprofits to focus on their core missions without being burdened by property management tasks. Each year, any revenue surplus not required for this purpose is distributed among the shareholding entities. In essence, the Masonic Temple Association of Denver acts as a reliable steward of real property for tax-exempt organizations, supporting their operations and enabling them to effectively serve their communities.

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Impact




October, 2024

The Masonic Temple Association of Denver plays a vital role in managing and preserving the real assets of various nonprofit associations. By holding title to these properties, the organization ensures that these valuable resources are maintained and utilized effectively by their respective nonprofits. This management structure not only safeguards the physical assets but also streamlines the financial processes associated with property upkeep and operational support.

The association’s impact extends beyond mere asset management; it fosters community improvement by enabling nonprofit organizations to focus on their missions and services without the burden of real estate concerns. With all revenues allocated to supporting these entities, the association contributes to the overall health and sustainability of the nonprofit sector in Denver. By facilitating the efficient use of resources, it enhances the ability of local nonprofits to serve the community, ultimately contributing to a stronger, more connected society.




This information is meant to be a general summary of Masonic Temple Association Of Denver. 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
$371,571 (2022)
Expenses
$25,198 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114,414
  • Gross Receipts: $531,165

Assets and Liabilities:

  • Total Assets: $1,958,301
  • Total Liabilities: $1,602
  • Net Assets: $1,956,699

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Organization Details

Founding Year

1905

Principal Officer

Claud Dutro

Main Address

1614 Welton Street STE 500, Denver, CO, 802024221

NTEE Category

Code: S47 - Community improvement

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