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Nonprofiteer
← OHIO MASONIC HOME BENEVOLENT ENDOWMENT FOUNDATION INC

Form 990 for tax year 2022

Filed by OHIO MASONIC HOME BENEVOLENT ENDOWMENT FOUNDATION INC.

Totals

Total revenue
$6,080,924
Total expenses
$2,211,096
Contributions and grants received
$658,920
Grants paid
$0
Program service revenue
$0
Investment income
$5,466,249
Other revenue
-$44,245
Total assets, end of year
$215,578,947
Total liabilities, end of year
$223,937
Net assets or fund balances, end of year
$215,355,010
Program services expenses (Part IX)
$392,325
Management and general expenses
$1,415,626
Fundraising expenses
$403,145
Program service expenses (Part III)
$392,325

Program services were 17.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $161,585

  • 1f · All other contributions, gifts and grants

    $497,335

  • 3 · Investment income

    total $4,885,746 · excluded $4,885,746

  • 7a · Gross sales of assets other than inventory

    securities $580,503

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $580,503

  • 7d · Net gain or loss

    total $580,503 · excluded $580,503

  • 8a · Fundraising events: gross income

    $32,350

  • 8a · Fundraising events: contributions included on line 1c

    $161,585

  • 8b · Fundraising events: direct expenses

    $76,595

  • 8c · Net income from fundraising events

    total -$44,245 · excluded -$44,245

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $222,960 · program services $66,888 · management and general $66,888 · fundraising $89,184

  • 7 · Other salaries and wages

    total $257,347 · program services $72,483 · management and general $25,269 · fundraising $159,595

  • 8 · Pension plan contributions

    total $9,213 · program services $2,929 · management and general $2,073 · fundraising $4,211

  • 9 · Other employee benefits

    total $51,809 · program services $15,094 · management and general $9,930 · fundraising $26,785

  • 10 · Payroll taxes

    total $41,259 · program services $11,965 · management and general $7,839 · fundraising $21,455

  • 11b · Fees: legal

    total $6 · program services $2 · management and general $1 · fundraising $3

  • 11f · Fees: investment management

    total $1,017,000 · management and general $1,017,000

  • 11g · Fees: other

    total $129,373 · program services $83,947 · management and general $16,535 · fundraising $28,891

  • 12 · Advertising and promotion

    total $35,421 · program services $35,421

  • 13 · Office expenses

    total $104,028 · program services $57,884 · management and general $11,212 · fundraising $34,932

  • 16 · Occupancy

    total $11,479 · program services $3,329 · management and general $2,181 · fundraising $5,969

  • 17 · Travel

    total $52,515 · program services $21,006 · management and general $10,503 · fundraising $21,006

  • 22 · Depreciation, depletion and amortization

    total $7,181 · program services $2,083 · management and general $1,364 · fundraising $3,734

  • 23 · Insurance

    total $1,841 · program services $736 · management and general $1,105

  • 24a · Other expenses: CORPORATE ALLOCATIONS

    total $238,407 · management and general $238,407

  • 24b · Other expenses: DONOR RECOGNITION

    total $12,181 · program services $12,181

  • 24c · Other expenses: DIETARY SERVICES CHARGE

    total $10,290 · program services $2,058 · management and general $4,116 · fundraising $4,116

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $3,989 · program services $1,157 · management and general $758 · fundraising $2,074

  • 24e · All other expenses

    total $4,797 · program services $3,162 · management and general $445 · fundraising $1,190

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,781,616 · end of year $5,734,122

  • 3 · Pledges and grants receivable

    beginning of year $33,577 · end of year $69,927

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,285 · end of year $13,215

  • 10a · Land, buildings and equipment: cost or other basis

    $279,900

  • 10b · Land, buildings and equipment: accumulated depreciation

    $276,988

  • 10c · Land, buildings and equipment, net

    beginning of year $453 · end of year $2,912

  • 11 · Investments: publicly traded securities

    beginning of year $264,497,507 · end of year $208,739,843

  • 12 · Investments: other securities

    beginning of year $900,486 · end of year $714,596

  • 15 · Other assets

    beginning of year $0 · end of year $304,332

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,181,896 · end of year $64,170

  • 25 · Other liabilities

    beginning of year $176,968 · end of year $159,767

  • 27 · Net assets without donor restrictions

    beginning of year -$3,457,511 · end of year -$2,814,088

  • 28 · Net assets with donor restrictions

    beginning of year $267,328,571 · end of year $218,169,098

Mission and programs · 2022

Mission

THE INTENT IS FOR THE OHIO MASONIC HOME BENEVOLENT ENDOWMENT FOUNDATION TO FOLLOW THE MISSION OF THE OHIO MASONIC HOME. THE OHIO MASONIC HOME'S ADOPTED MISSION IS TO BE THE TRUSTED PARTNER TO HELP OUR COMMUNITIES THRIVE.

Activities or mission (Part I)

THE WORK OF THE FOUNDATION REPRESENTS THE LARGEST EXPRESSION OF THE PHILANTHROPY OF OHIO FREEMASONRY BY BEING FISCALLY RESPONSIBLE THROUGH THE USE OF SOUND INVESTMENT MANAGEMENT, FUNDRAISING AND SPENDING POLICIES, AND ACTIVITIES. THESE PRACTICES SUPPORT THE DELIVERY OF AID AND AGING SERVICES TO ALLOW INDIVIDUALS TO AGE RESPECTFULLY.

  • PHILANTHROPIC SUPPORT: THE OHIO MASONIC HOME BENEVOLENT ENDOWMENT FOUNDATION PROVIDES SUPPORT TO THE OHIO MASONIC HOME AND ITS TAX EXEMPT SUBSIDIARIES. THIS SUPPORT IS USED TO FUND THE CHARITABLE ACTIVITIES OF THE HOME AND ITS SUBSIDIARIES INCLUDING OPERATIONS OF THE HOME, MAINTENANCE AND DEVELOPMENT OF FACILITIES, AS WELL AS THE SOLICITATION OF SUPPORT ON BEHALF OF THE OHIO MASONIC HOME AND ITS SUBSIDIARIES. IN 2022, THE OHIO MASONIC HOME BENEVOLENT ENDOWMENT FOUNDATION FACILITATED $3,324,203 IN CONTRIBUTIONS FOR THE OHIO MASONIC HOME, $983,778 IN CONTRIBUTIONS FOR THE OHIO MASONIC HOME AFFILIATES, AND $658,920 IN CONTRIBUTIONS FOR THE OHIO MASONIC HOME BENEVOLENT ENDOWMENT FOUNDATION FOR A TOTAL OF $4,966,901.

    Expenses $392,325

As filed on the 2022 return.

Listed in Part VII

  • James Williamson

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Gregory Snead

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Raymond Fosnot

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Clyde Huddleston Sr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Howard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Matthew Gloor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Scott A Buchanan

    CEO, THE OHIO MASONIC HOME

    Total calculated
    $320,744
    From this org
    $0
    From related orgs
    $286,095
    Other
    $34,649
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,095 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,818 related
    Nontaxable benefits
    $0 + $24,831 related
    Filer's total
    $0 + $320,744 related

  • Brooke Herring

    CFO, THE OHIO MASONIC HOME

    Total calculated
    $197,010
    From this org
    $0
    From related orgs
    $172,189
    Other
    $24,821
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,189 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $3,444 related
    Nontaxable benefits
    $0 + $21,377 related
    Filer's total
    $0 + $197,010 related

  • Steven Petitjean

    EXECUTIVE DIRECTOR, OMH FOUNDATION

    Total calculated
    $222,960
    From this org
    $214,786
    From related orgs
    $0
    Other
    $8,174
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $214,786
    Bonus
    $0
    Other
    $0
    Deferred
    $6,444
    Nontaxable benefits
    $1,730
    Filer's total
    $222,960

  • Mark Harris

    DIRECTOR OF FUND DEVELOPMENT

    Total calculated
    $127,669
    From this org
    $101,178
    From related orgs
    $0
    Other
    $26,491
    Hours/week
    50

  • Amber Brown

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $113,768
    From this org
    $109,550
    From related orgs
    $0
    Other
    $4,218
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I LINE 3
COMPENSATION FOR THE CEO AND CFO/COO IS PAID AND REVIEWED BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, AND COMPENSATION SURVEY OR STUDY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • OHIO MASONIC HOME

    501(C)(3) · ADMINISTRATIVE SERVICES · OH

  • THE OHIO MASONIC HOME AFFILIATES

    501(C)(3) · AGING SERVICES · OH · controlled entity

    Directly controlled by THE OHIO MASONIC HOME

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MASONIC AGING SERVICES

    C · ADMINISTRATIVE SERVICES · OH · controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
31 October 2023
IRS schema version
2022v5.0
Source object
202343149349301749

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