QUEENS MASONIC ASSOCIATION INC

EIN: 111213167 501(c)(3)

MINEOLA, NY

Total Revenue
$160,188
Total Expenses
$51,550
Total Assets
$916,863
Net Assets
$916,863
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1928
Principal Officer
GREG NOULAS
Phone
5169877965
Tax Period
2024-05-01 to 2025-04-30

QUEENS MASONIC ASSOCIATION INC, founded in 1928, is a small nonprofit that reported $160K in total revenue in fiscal year 2024. Revenue surged 711% from the prior year, signaling strong growth momentum. The organization ran a surplus of $109K, a strong 68% operating margin.

Mission

TO PROMOTE HARMONY AND FRATERNAL AND SOCIAL RELATIONS AMONG THE LODGES OF THE QUEENS MASONIC DISTRICTS IN THE JURISDICTION OF THE GRAND LODGE OF FREE AND ACCEPTED MASONS OF THE STATE OF NEW YORK

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $300
Program Service Revenue $20,161
Investment Income $139,727
Other Revenue $0
TOTAL REVENUE $160,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $16,004
Program Expenses $34,279
Other Expenses $51,550
TOTAL EXPENSES $51,550

Year-over-Year Comparison

2024 2023 Change
Revenue $160,188 $19,748 +7.1%
Expenses $51,550 $44,116 +0.2%
Net Income $108,638 $-24,368 -5.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BLANKFEIN TRUSTEE N/A
Director
$0 $0 $0
ANDREW BONOMO TRUSTEE N/A
Director
$0 $0 $0
HOWARD BONSAING TRUSTEE N/A
Director
$0 $0 $0
ANDREW KRUZYKOWKI BOARD OF DIR N/A
Director
$0 $0 $0
GENE LANGWORTHY BOARD OF DIR N/A
Director
$0 $0 $0
GREG NOULAS CHAIRMAN, BD N/A
Officer Director
$0 $0 $0
ALAN SCHNEIDER BOARD OF DIR N/A
Director
$0 $0 $0
ROBERT SERVIDIO BOARD OF DIR N/A
Director
$0 $0 $0
JOSEPH SHEEHAN BOARD OF DIR N/A
Director
$0 $0 $0
MARINO CESARINI TREASURER N/A
Officer
$0 $0 $0
DANIEL GAGLIO SECRETARY N/A
Officer
$0 $0 $0
VICTOR HAN 2ND VICE PRE N/A
Officer
$0 $0 $0
RAMON MOJICA 1ST VICE PRE N/A
Officer
$0 $0 $0
WILLIAM MORALES PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $160,188 $51,550 $916,863 $108,638
2024 $19,748 $44,116 $808,225 $-24,368
2023 $79,604 $48,689 $832,593 $30,915
2022 $94,929 $67,127 $801,678 $27,802
2021 $67,884 $32,374 $773,876 $35,510
2020 $66,275 $52,857 $738,366 $13,418
2019 $93,397 $22,930 $724,948 $70,467
2018 $47,430 $18,305 $654,481 $29,125
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