philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Masonic Center Corp FY2022 filing

Not tax-deductible

Davenport, IAMutual-benefit / member-servingCommunity DevelopmentEIN 39-1880946Revenue $41K in FY2022

On file with the IRSPo Box 3627, 52808-3627 · Davenport, IATax-exempt since Sep 2001

This page gets seen. Tell your story. Claim this org.

Provide facilities to exempt Masonic organizations

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $22K a year · 40% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$7K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$41K
-20% vs prior year
Spent
$90K
To programs
100%
Net assets
$785K
By yearFY2020–FY2024
Revenue
$41K
FY2022▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$40K
FY2021$51K
FY2022$41K
FY2023$74K
FY2024$63K
Expenses
$90K
FY2022▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$68K
FY2021$87K
FY2022$90K
FY2023$67K
FY2024$65K
Net assets
$785K
FY2022▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$870K
FY2021$834K
FY2022$785K
FY2023$803K
FY2024$804K

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $90K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Brian Huff
Board Member
$0Pt VII · Sec A
Pier Trevisan
Board Member
$0Pt VII · Sec A
Rick Koerner
Board Member
$0Pt VII · Sec A
Monte Harris
Vice President/Treasurer
$0Pt VII · Sec A
Roger Kadel
Secretary
$0Pt VII · Sec A
Phil Corwin
President
$0Pt VII · Sec A
See Masonic Center Corp executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers buildings and spaces for Masonic groups.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $90K · in their own filed words · FY2022
01

36150PROVIDE facilities to exempt masonic organizations

$90Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$41K
Ln 12
Fees for servicesLn 2g$36K
Investment incomeLn 3$5K
Money outPt IX
$90K
Ln 25
Programscol B$90K
Owns and owesPt X
$785K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$792K
LiabilitiesLn 26$7K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$36K
Investment incomeLn 3$5K
Gains on assetsLn 7−$560
Total revenueLn 12$41K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
InvestmentsLn 11–13$146K
Land, buildings, equipmentLn 10c$644K
Total assetsLn 16$792K
LiabilitiesLn 26$7K
Net assetsLn 32$785K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$3K$2K
InvestmentsLn 11–13$172K$146K
Land, buildings, equipmentLn 10c$666K$644K
Total assetsLn 16$842K$792K
LiabilitiesLn 26$7K$7K
Net assetsLn 32$834K$785K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$755$755
Investment management feesLn 11f$1K$1K
Office expensesLn 13$2K$2K
Depreciation, depletion and amortizationLn 22$23K$23K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$51K$51K
All other expensesLn 24e$8K$8K
Total functional expensesLn 25$90K$90K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $63K$65K−$2K$804K 990 PDF
FY2023 $74K$67K$7K$803K 990 PDF
FY2022 Viewing $41K$90K−$49K$785K 990 PDF
FY2021 $51K$87K−$36K$834K 990 PDF
FY2020 $40K$68K−$28K$870K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $40,859 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $36,003$36,150
I-10 Investment incomePrior year $15,192$4,709
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $51,195$40,859
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $86,869$89,999
I-18 Total expensesPrior year $86,869$89,999
I-19 Revenue less expensesPrior year −$35,674−$49,140
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $40,859 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $36,150$36,150
VIII-3 Investment incomeExcluded from tax $5,269$5,269
VIII-7 Net gain or loss on sales of assetsUnrelated business −$560−$560
VIII-12 Total revenueRelated to mission $36,150 · Unrelated business −$560 · Excluded from tax $5,269$40,859
Part IX · Statement of functional expenses $89,999 across 7 lines filed
IX-11c Accounting feesPrograms $755$755
IX-11f Investment management feesPrograms $1,342$1,342
IX-13 Office expensesPrograms $2,132$2,132
IX-22 Depreciation, depletion and amortizationPrograms $22,504$22,504
IX-23 InsurancePrograms $4,614$4,614
IX-24 Other expenses (24a–d)Programs $50,872$50,872
IX-24e All other expensesPrograms $7,780$7,780
IX-25 Total functional expensesPrograms $89,999 · Management $0 · Fundraising $0$89,999
Part X · Balance sheet $792,482 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $3,393$2,481
X-10c Land, buildings and equipment, netStart of year $666,210$643,706
X-11 Publicly traded securitiesStart of year $172,019$146,295
X-16 Total assetsStart of year $841,622$792,482
X-19 Deferred revenueStart of year $7,490$7,490
X-26 Total liabilitiesStart of year $7,490$7,490
X-32 Total net assets or fund balancesStart of year $834,132$784,992
X-33 Total liabilities and net assetsStart of year $841,622$792,482
Part XI · Reconciliation of net assets $784,992 net assets at year end
XI-1 Total revenue$40,859
XI-2 Total expenses$89,999
XI-3 Revenue less expenses−$49,140
XI-4 Net assets at start of year$834,132
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$784,992

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.