MINNESOTA MASONIC CHARITIES HOLDING CORP

EIN: 452102682 Community Improvement

BLOOMINGTON, MN

Total Revenue
$-725,910
Total Expenses
$-15,192
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MN
Principal Officer
ERIC J NEETENBEEK
Phone
9529487000
Tax Period
2021-01-01 to 2021-12-31

MINNESOTA MASONIC CHARITIES HOLDING CORP, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $726K in total revenue in fiscal year 2021.

Mission

REAL ESTATE HOLDINGS COMPANY FOR ALL OF THE MINNESOTA MASONIC CHARITIES EXEMPT ORGANIZATIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-725,910
Other Revenue $0
TOTAL REVENUE $-725,910

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $-15,192
Other Expenses $-15,192
TOTAL EXPENSES $-15,192

Year-over-Year Comparison

2021 2020 Change
Revenue $-725,910 N/A N/A
Expenses $-15,192 $68,449 -1.2%
Net Income $-710,718 $-68,449 +9.4%
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

Financial Distress Indicator

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
4
Independent Members
4
Employees
N/A
Volunteers
11

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
$709,167
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC J NEETENBEEK PRESIDENT/CEO - CHARITIES 4.00
Officer
$0 $40,216 $470,780
SUE MORK CFO - CHARITIES 4.00
Officer
$0 $34,073 $238,387
ROBERT L FENDLER CHAIRMAN 1.00
Officer Director
$0 $0 $0
PAUL C HIMMLER VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARY A HANSON TREASURER 1.00
Officer Director
$0 $0 $0
JOHN L COOK SECRETARY 1.00
Officer Director
$0 $0 $0
DAYTON L BERG SENIOR GRAND WARDEN/DIRECTOR 1.00
Director
$0 $0 $0
KATHIE BROWN WORTHY GRAND MATRON/DIRECTOR 1.00
Director
$0 $0 $0
KATHY FOSTER THRU APRIL 2021 WORTHY GRAND MATRON/DIRECTOR 1.00
Director
$0 $0 $0
STEVEN R JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
TONY R KRALL DEPUTY GRAND MASTER/DIRECTOR 1.00
Director
$0 $0 $0
DAVID E OLSON DIRECTOR 1.00
Director
$0 $0 $0
JAMES H PROCTER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL S ROSENZWEIG DIRECTOR 1.00
Director
$0 $0 $0
ETHAN A SEABERG THRU APRIL 2021 GRAND MASTER/DIRECTOR 1.00
Director
$0 $0 $0
DAVID S WETHING DIRECTOR 1.00
Director
$0 $0 $0
ROLF WIDSTRAND GRAND MASTER/DIRECTOR 1.00
Director
$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
2021 $-725,910 $-15,192 No data $-710,718
2020 No data $68,449 $3,300,000 No data
2019 No data $69,420 $3,300,000 No data
2018 No data $74,353 $3,300,000 No data
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