Masonic Service Association

EIN: 530204605 501(c)(3) Community Improvement

Cedar Rapids, IA

Total Revenue
$710,594
Total Expenses
$508,087
Total Assets
$1,971,114
Net Assets
$1,971,114
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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
MD
Principal Officer
Craig L Davis PGM
Phone
3192065411
Tax Period
2023-01-01 to 2023-12-31

Masonic Service Association, founded in 1919, is a small nonprofit in the Community Improvement sector that reported $711K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $203K, a strong 28% operating margin.

Mission

The mission of the Association is the service of mankind through education and enlightenment, financial relief, Masonic visitation, ministering to, comforting, and relieving the members of the fraternity and their dependents.

Program Service Accomplishments

Program 1
Expenses: $319,917

Disaster Relief Fund - When requested by a U.S. or international Masonic Grand Lodge, The MSA will issue a Disaster Appeal following a specific natural disaster. All donations received are...

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Disaster Relief Fund - When requested by a U.S. or international Masonic Grand Lodge, The MSA will issue a Disaster Appeal following a specific natural disaster. All donations received are distributed to the Grand Lodge for local disaster relief distribution. MSA has been conducting this program since 1923 and has distributed more than $10 million in aid. The summary of gross account of relief since 1923 is available on MSA's webpage.

Program 2
Expenses: $24,034

Hospital Visitation - MSA administers a program of certified volunteers who visit and assist at VA Medical Centers and state Veterans Hospitals throughout the United States. The program operates...

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Hospital Visitation - MSA administers a program of certified volunteers who visit and assist at VA Medical Centers and state Veterans Hospitals throughout the United States. The program operates under the U.S. Veterans Administration Volunteer Services oversight, and provides more than 100,000 hours of volunteer services annually. This program is funded by donations from members of the Masonic fraternity. Donations are used to reimburse volunteers for expenses, fund events for veterans, and provide comfort items for veterans.

Program 3
Expenses: $108,011

Education / Publications - Informational and educational items, including newsletters, books, brochures, digests, and other materials for the use in the non-profit Masonic Community, have been...

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Education / Publications - Informational and educational items, including newsletters, books, brochures, digests, and other materials for the use in the non-profit Masonic Community, have been published by MSA since the origination of the organization in 1919. MSA continues its expansion of online communications to increase the outreach of its masonic materials. The MSA website - WWW.MSANA.COM - has been improved and the online store is gaining usage.

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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 (2023)

Revenue Breakdown

Contributions & Grants $650,284
Program Service Revenue $0
Investment Income $68,762
Other Revenue $-8,452
TOTAL REVENUE $710,594

Expense Breakdown

Grants Paid $253,954
Salaries & Benefits $65,801
Fundraising Expenses $20,455
Program Expenses $451,962
Other Expenses $188,332
TOTAL EXPENSES $508,087

Year-over-Year Comparison

2023 2022 Change
Revenue $710,594 $655,934 +0.1%
Expenses $508,087 $777,285 -0.3%
Net Income $202,507 $-121,351 -2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
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
1
$13,296
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Earl J Washburn Executive Commissioner 1.50
Director
$0 $0 $0
James H Kendall Executive Commissioner 1.50
Director
$0 $0 $0
Clayton J Borne III Executive Commissioner 1.50
Director
$0 $0 $0
Barry D Weer Executive Secretary 1.50
Director
$0 $0 $0
Lanny R Sander Executive Commission Chair 1.50
Director
$0 $0 $0
Thomas Gamon IV Executive Commissioner 1.50
Director
$0 $0 $0
Jess N Raines Executive Commissioner 1.50
Director
$0 $0 $0
Stuart A Wright Executive Commissioner 1.50
Director
$0 $0 $0
Marc C David Executive Commissioner 1.50
Director
$0 $0 $0
Craig L Davis Administrator 20.00
Officer
$13,296 $0 $13,296
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
2024 No data No data No data No data
2023 $710,594 $508,087 $1,971,114 $202,507
2022 $655,934 $777,285 $1,700,395 $-121,351
2021 $697,011 $696,057 $2,075,599 $954
2020 $631,254 $473,066 $1,986,933 $158,188
2019 $707,229 $784,269 $1,772,979 $-77,040
2018 $1,712,126 $1,979,395 $1,731,304 $-267,269
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