Overview
What is Silver Gate Three Stars Masonic Hall Association?
Silver Gate Three Stars Masonic Hall Association is a nonprofit organization, specifically a supporting organization, situated in San Diego, California. Its primary role is to manage property and collect income derived from it, with the intent of passing on the entire income, minus expenses, to the Silver Gate Three Stars No. 296, an exempt organization under 501(c)10. This association operates with a small team of one individual, focusing on its mission to support the aforementioned exempt organization.
Is Silver Gate Three Stars Masonic Hall Association legitimate?
Silver Gate Three Stars Masonic Hall Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Silver Gate Three Stars Masonic Hall 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,315
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What is the mission statement of Silver Gate Three Stars Masonic Hall Association?
The Silver Gate Three Stars Masonic Hall Association's primary role is to manage property and generate income. This income, after deducting expenses, is then transferred in its entirety to the Silver Gate Three Stars No. 296, an exempt organization. Essentially, the association serves as a financial intermediary, supporting the operations of the Silver Gate Three Stars No. 296. It does not have a traditional mission statement focused on promoting social causes or providing services to a specific group, as other organizations might.
What is the revenue of Silver Gate Three Stars Masonic Hall Association?
Silver Gate Three Stars Masonic Hall Association's revenue in 2023 was $73,045.
Who are the executives of Silver Gate Three Stars Masonic Hall Association and what are their salaries?
The average compensation at Silver Gate Three Stars Masonic Hall Association during 2023 was $16,315. There is 1 employee at Silver Gate Three Stars Masonic Hall Association.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Silver Gate Three Stars Masonic Hall Association?
Silver Gate Three Stars Masonic Hall Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Silver Gate Three Stars Masonic Hall Association
The Silver Gate Three Stars Masonic Hall Association is dedicated to serving a specific organization, the Silver Gate Three Stars No. 296. This association's primary mission is to maintain ownership of property and generate income from it. After covering all necessary expenses, the Association then forwards the remaining funds entirely to the Silver Gate Three Stars No. 296, a nonprofit entity itself, as per its tax-exempt status under section 501(c)10. In essence, the Silver Gate Three Stars Masonic Hall Association acts as a financial intermediary, supporting its associated organization with the financial resources generated from its property holdings.
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Impact
October, 2024
Silver Gate Three Stars Masonic Hall Association plays a vital role in supporting the activities and mission of Silver Gate Three Stars No. 296 in San Diego, CA. By holding title to property and managing the associated income, the Association ensures that the majority of its resources are allocated directly to the Masonic lodge. This structure not only provides a stable financial foundation for the lodge but also enhances its ability to engage in community improvement initiatives.
The Association's operations elevate the capacity of Silver Gate Three Stars No. 296 to carry out social and charitable activities, fostering a sense of community among its members and beyond. By managing assets efficiently, the Association helps maintain the historical significance of their properties while facilitating the lodge's contributions to community welfare. In this way, the Silver Gate Three Stars Masonic Hall Association significantly impacts both its members and the broader community by enhancing support for local initiatives and ensuring the longevity of Masonic traditions.
This information is meant to be a general summary of Silver Gate Three Stars Masonic Hall 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.
- Program Service Revenue: $33,923
- Gross Receipts: $73,045
Assets and Liabilities:
- Total Assets: $1,480,695
- Total Liabilities: $0
- Net Assets: $1,480,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental of Facilities
Revenue
$33,923
Organization Details
Founding Year
1999
Principal Officer
Ramon Ancheta
NTEE Category
Code: S47 - Community improvement
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