Free And Accepted Masons Ionic Composite No 520

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

EIN: 950866983 ✦ Los angeles, CA ✦ Designated as a 501(c)(10)

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Overview

What is Free And Accepted Masons Ionic Composite No 520?

Free And Accepted Masons Ionic Composite No 520 is a recognized and esteemed nonprofit organization situated in Los Angeles, California. With a focus on philanthropy, they contribute significantly to the betterment of their members and the local community. Their mission is centered around personal development, encouraging individuals to improve themselves, which in turn, positively impacts their surroundings. They operate under the global principles and camaraderie of Freemasonry, fostering personal growth and community enhancement through Masonic values and traditions. The organization is led by a small team of two dedicated individuals.

Is Free And Accepted Masons Ionic Composite No 520 legitimate?

Free And Accepted Masons Ionic Composite No 520 is a legitimate nonprofit organization registered as a 501(c)(10) entity. Free And Accepted Masons Ionic Composite No 520 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: $8,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,200

For more financial information, click here

What is the mission statement of Free And Accepted Masons Ionic Composite No 520?

The mission of Free And Accepted Masons Ionic Composite No 520, as expressed, is centered around the belief that a person's personal growth can positively impact their community and the world. They achieve this mission through the principles and traditions of Freemasonry, which they utilize to foster personal development and enhance the lives of others. Freemasonry in California, including this particular organization, is noted for its significant philanthropic contributions, making a substantial difference in the lives of its members and the communities of California. The organization is deeply rooted in the worldwide fellowship and principles of Freemasonry.

Who is the CEO of Free And Accepted Masons Ionic Composite No 520?

Jacob Gershbock is the Secretary of Free And Accepted Masons Ionic Composite No 520.

What is the revenue of Free And Accepted Masons Ionic Composite No 520?

Free And Accepted Masons Ionic Composite No 520's revenue in 2022 was $6,303,748.

Who are the executives of Free And Accepted Masons Ionic Composite No 520 and what are their salaries?

The average compensation at Free And Accepted Masons Ionic Composite No 520 during 2022 was $4,800. There are 2 employees and 236 volunteers at Free And Accepted Masons Ionic Composite No 520.


Here are 5 key members and their salaries:


Kyle Ware (Secretary)
  • Compensation: $8,400
  • Related: $0
  • Other: $0
Jeffrey Bear (Junior Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernhard Morse (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Gershbock (Master)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Resnick (Senior Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Free And Accepted Masons Ionic Composite No 520?

Free And Accepted Masons Ionic Composite No 520's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Free And Accepted Masons Ionic Composite No 520

Free and Accepted Masons Ionic Composite No 520, a renowned organization in California, is committed to a mission that embodies self-improvement and community betterment. Their mission statement, in essence, asserts that an individual who strives for personal growth can significantly impact their community and the world at large. They achieve this goal by adhering to Masonic principles and traditions, which serve as a catalyst for fostering personal development and enriching the lives of others. This organization, deeply rooted in the philosophy of Freemasonry, is dedicated to making a meaningful difference in the lives of its members and the broader California communities through its culture of philanthropy.

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Impact




October, 2024

Free And Accepted Masons Ionic Composite No 520 has a significant impact on both individual members and the broader community in Los Angeles, California. By promoting personal growth, the organization cultivates a mindset among its members that encourages self-improvement. This, in turn, translates into efforts aimed at enhancing the lives of others, reflecting the Masonic principle that personal development leads to community betterment.

The Masons engage in various philanthropic activities, which foster a culture of giving and support within the community. Their work not only addresses immediate needs but also promotes long-term positive change. By embodying the values of Freemasonry, they encourage members to participate actively in service projects and initiatives, which strengthen community ties and provide essential assistance to those in need.

Furthermore, through their commitment to the values of mutual benefit and fellowship, Free And Accepted Masons Ionic Composite No 520 contributes to a supportive network that empowers individuals. This sense of belonging fosters collaboration among members, enhancing their collective impact on societal challenges.

Overall, the impact of Free And Accepted Masons Ionic Composite No 520 extends beyond its organizational activities, as it plays a crucial role in molding responsible citizens who contribute to a better society.




This information is meant to be a general summary of Free And Accepted Masons Ionic Composite No 520. 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
$6,303,748 (2022)
Expenses
$148,134 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,259,627
  • Program Service Revenue: $43,351
  • Gross Receipts: $6,673,797

Assets and Liabilities:

  • Total Assets: $6,322,655
  • Total Liabilities: $25
  • Net Assets: $6,322,630

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Programs

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

Membership Dues

Revenue

$38,070

Program Revenue

Revenue

$5,281

Organization Details

Founding Year

1869

Principal Officer

Jacob Gershbock

Main Address

2244 Westwood Blvd, Los Angeles, CA, 90064

NTEE Category

Code: Y40 - Mutual benefit

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