Masonic Center Of Modesto

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

EIN: 941581359 ✦ Modesto, CA ✦ Designated as a 501(c)(2)

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Overview

What is Masonic Center Of Modesto?

The Masonic Center of Modesto is a nonprofit organization that underwent a depreciation of $17,730. In terms of operational expenses, they allocated $3,286 towards communications services such as telephone, internet, and cable, and $723 was spent on bank fees. The center also incurred costs of $600 for supplies and minor equipment and paid $69 for accounting-related fees. Additionally, they managed to generate $613 in miscellaneous income. Although the mission or activities of the Masonic Center are not explicitly stated in the provided information, it's safe to assume that they are utilizing these resources for their operations and services.

Is Masonic Center Of Modesto legitimate?

Masonic Center Of Modesto is a legitimate nonprofit organization registered as a 501(c)(2) entity. Masonic Center Of Modesto submitted a form 990EZ, 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.

What is the mission statement of Masonic Center Of Modesto?

The Masonic Center of Modesto does not explicitly provide a mission statement in the given information. However, based on its financial activities, it can be inferred that the center is managing its resources effectively. It depreciated a significant amount, indicating potential investment in its facilities or assets. The center also spent on utilities, bank fees, and supplies, showing its commitment to maintaining operational efficiency. Additionally, it earned some miscellaneous income and paid for accounting fees, suggesting financial transactions and record-keeping. Yet, the mission or purpose behind these activities remains unclear from the provided data.

Who is the CEO of Masonic Center Of Modesto?

Derrick Roque is the President of Masonic Center Of Modesto.

What is the revenue of Masonic Center Of Modesto?

Masonic Center Of Modesto's revenue in 2022 was $105,398.

Who are the executives of Masonic Center Of Modesto and what are their salaries?


Here are 5 key members and their salaries:


Derrick Roque (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Millet (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Stanfield (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Collado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Masonic Center Of Modesto?

Masonic Center Of Modesto's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Masonic Center Of Modesto

The Masonic Center of Modesto, as indicated in the information provided, does not explicitly mention a mission or activity description. However, it can be inferred that the center depreciated a significant amount of $17,730 during the given period. Additionally, it spent $3,286 on telecommunication services, such as telephone, internet, and cable, and $723 on bank fees. The center also generated some income of $613 from miscellaneous sources. Furthermore, it spent $600 on supplies and minor equipment and paid $69 for accounting fees. While this data does not directly reveal the center's mission, it suggests that the Masonic Center of Modesto is managing its finances and resources, which is an essential aspect of many non-profit organizations.

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Impact




October, 2024

The Masonic Center of Modesto plays a significant role in the community through its various activities and support initiatives. By managing its finances, including expenditures for communications and operations, the center ensures its sustainability while delivering services to residents.

Despite facing depreciation and operational costs, the center remains active in facilitating community engagement and support, reflecting a commitment to local development. The funds allocated towards supplies and minor equipment contribute to maintaining facilities that serve as gathering spaces and resources for the community. Additionally, the income generated, though modest, helps in offsetting some operational expenses, reinforcing the center's ability to continue its mission.

Overall, the Masonic Center of Modesto's financial management and community-oriented approach foster a supportive environment for local residents, encouraging unity and collaboration.




This information is meant to be a general summary of Masonic Center Of Modesto. 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
$105,398 (2022)
20212022$0$30,000$60,000$90,000$120k
Expenses
$125,313 (2022)
20212022$0$35,000$70,000$105k$140k
Efficiency
202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Program Service Revenue: $103,938
  • Gross Receipts: $105,398

Assets and Liabilities:

  • Total Assets: $247,663
  • Total Liabilities: $75
  • Net Assets: $247,588

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Organization Details

Principal Officer

Derrick Roque

Main Address

800 Rose Avenue, Modesto, CA, 95355

NTEE Category

Code: L50 - Housing

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