MASONIC-EASTERN STAR HOME FOR CHILDREN INC

EIN: 470384097 501(c)(3) Human Services

FREMONT, NE

Total Revenue
$1,826,660
Total Expenses
$2,615,389
Total Assets
$43,231,756
Net Assets
$43,231,756
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
NE
Principal Officer
RON GIESSELMANN
Phone
4027211185
Tax Period
2024-06-01 to 2025-05-31

MASONIC-EASTERN STAR HOME FOR CHILDREN INC, founded in 1912, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 43% operating deficit.

Mission

PROVIDE QUALITY CARE FOR CHILDREN WHO HAVE BEEN SEPARATED FROM THEIR HOMES BECAUSE OF DEATH, DIVORCE, SEPARATION, NEGLECT, ABUSE, OR INABILITY TO ADJUST TO THEIR PRESENT LIVING SITUATION. THE HOME SEEKS TO PROVIDE AN ENVIRONMENT OF LOVE, SECURITY, AND ACCEPTANCE WHERE A CHILD CAN GROW AND DEVELOP AS AN INDIVIDUAL.

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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 $784,796
Program Service Revenue $24,980
Investment Income $820,610
Other Revenue $196,274
TOTAL REVENUE $1,826,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,413,707
Fundraising Expenses $147,297
Program Expenses $2,067,033
Other Expenses $1,201,405
TOTAL EXPENSES $2,615,389

Year-over-Year Comparison

2024 2023 Change
Revenue $1,826,660 $3,634,656 -0.5%
Expenses $2,615,389 $2,372,548 +0.1%
Net Income $-788,729 $1,262,108 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
27
Volunteers
16

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
$123,009
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON GIESSELMANN Executive Direc 40.00
Officer
$123,009 $0 $123,009
MARY JO PETERSON Trustee 1.00
Director
$0 $0 $0
LEONA PADEN Vice President 1.00
Officer Director
$0 $0 $0
GLORIA GUERN WGM Trustee 1.00
Director
$0 $0 $0
JUDY WEHRBEIN Trustee 1.00
Director
$0 $0 $0
JONI BENNETT Secretary 1.00
Officer Director
$0 $0 $0
MARY LOU ERICKSON President 1.00
Officer Director
$0 $0 $0
SUSAN ANDREASEN Trustee 1.00
Director
$0 $0 $0
THOMAS HAUDER Trustee 1.00
Director
$0 $0 $0
REGINALD KUHN Trustee 1.00
Director
$0 $0 $0
MIKE DONHAM Treasurer 1.00
Officer Director
$0 $0 $0
ROBERT MONINGER Trustee 1.00
Director
$0 $0 $0
JOHN PARSONS Vice President 1.00
Officer Director
$0 $0 $0
BETTY GARWOOD Trustee 1.00
Director
$0 $0 $0
ROBERT RHODES Trustee 1.00
Director
$0 $0 $0
JOHN HERBOLSHEIMER GM Trustee 1.00
Director
$0 $0 $0
STEPHEN KENNEDY Trustee 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
2025 $1,826,660 $2,615,389 $43,231,756 $-788,729
2024 $3,634,656 $2,372,548 $42,851,599 $1,262,108
2023 $1,907,623 $2,191,498 $39,590,698 $-283,875
2022 $4,668,298 $1,908,427 $41,076,508 $2,759,871
2021 $3,121,874 $1,951,894 $40,478,976 $1,169,980
2020 $2,016,109 $2,152,941 $35,622,488 $-136,832
2019 $1,212,312 $2,103,702 $36,069,895 $-891,390
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