Civic Intelligence

Michigan Masonic Home

990 • Fiscal year 2016 • EIN 23-7259307

Apr 01, 2015 to Mar 31, 2016 • Filed on Nov 08, 2016

Organization ProfileWWW.MASONICPATHWAYS.COM

View Organization Page

1200 Wright AvenueAlma, MI 48801

(989) 463-3141

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.29x

Higher debt load relative to assets than 52% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.33x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

56th percentile

3.7%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

57th percentile

$273,387

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

23rd percentile

-3.2%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

5.8%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$43,824,245

Down $1,427,250 (-3.2%) from 2015

Net Assets

Up

$31,198,832

Up $681,577 (+2.2%) from 2015

Liabilities

Down

$12,625,413

Down $2,108,827 (-14%) from 2015

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin56th percentile

Revenue

Up

$38,345,424

Up $2,110,938 (+5.8%) from 2015

Expenses

Up

$36,919,725

Up $965,945 (+2.7%) from 2015

Net Income

Up

$1,425,699

Up $1,144,993 (+408%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $40,431,140Liabilities 2011: $12,455,841Net Assets 2011: $27,975,2992011Assets 2012: $45,799,778Liabilities 2012: $18,068,928Net Assets 2012: $27,730,8502012Assets 2013: $39,960,063Liabilities 2013: $10,241,718Net Assets 2013: $29,718,3452013Assets 2014: $38,886,861Liabilities 2014: $8,557,709Net Assets 2014: $30,329,1522014Assets 2015: $45,251,495Liabilities 2015: $14,734,240Net Assets 2015: $30,517,2552015Assets 2016: $43,824,245Liabilities 2016: $12,625,413Net Assets 2016: $31,198,8322016Assets 2017: $44,966,501Liabilities 2017: $11,889,530Net Assets 2017: $33,076,9712017Assets 2018: $46,106,897Liabilities 2018: $11,668,363Net Assets 2018: $34,438,5342018Assets 2019: $46,961,939Liabilities 2019: $11,375,817Net Assets 2019: $35,586,1222019Assets 2020: $52,789,973Liabilities 2020: $17,684,811Net Assets 2020: $35,105,1622020Assets 2021: $60,837,249Liabilities 2021: $27,533,430Net Assets 2021: $33,303,8192021Assets 2022: $64,886,043Liabilities 2022: $31,159,303Net Assets 2022: $33,726,7402022Assets 2023: $59,971,957Liabilities 2023: $29,516,079Net Assets 2023: $30,455,8782023Assets 2024: $56,671,122Liabilities 2024: $28,371,285Net Assets 2024: $28,299,8372024Assets 2025: $61,836,297Liabilities 2025: $26,476,413Net Assets 2025: $35,359,8842025

Highlighted filing

2016

Assets$43,824,245
Liabilities$12,625,413
Net Assets$31,198,832
Open 2016 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $30,513,0622011Expenses 2012: $30,703,1622012Expenses 2013: $32,157,6472013Revenue 2014: $32,584,276Expenses 2014: $32,138,898Net Income 2014: $445,3782014Revenue 2015: $36,234,486Expenses 2015: $35,953,780Net Income 2015: $280,7062015Revenue 2016: $38,345,424Expenses 2016: $36,919,725Net Income 2016: $1,425,6992016Revenue 2017: $39,406,267Expenses 2017: $37,905,762Net Income 2017: $1,500,5052017Revenue 2018: $40,173,655Expenses 2018: $39,201,896Net Income 2018: $971,7592018Revenue 2019: $43,147,550Expenses 2019: $41,134,627Net Income 2019: $2,012,9232019Revenue 2020: $43,622,202Expenses 2020: $43,618,764Net Income 2020: $3,4382020Revenue 2021: $42,067,095Expenses 2021: $43,529,367Net Income 2021: -$1,462,2722021Revenue 2022: $42,710,892Expenses 2022: $41,545,148Net Income 2022: $1,165,7442022Revenue 2023: $34,791,820Expenses 2023: $37,857,067Net Income 2023: -$3,065,2472023Revenue 2024: $33,852,315Expenses 2024: $36,312,852Net Income 2024: -$2,460,5372024Revenue 2025: $42,134,481Expenses 2025: $35,678,096Net Income 2025: $6,456,3852025

Highlighted filing

2016

Revenue$38,345,424
Expenses$36,919,725
Net Income$1,425,699
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$38,345,424
Mission and Program Overview

Mission

Michigan masonic home and its related services will maintain a charitable mission while providing quality retirement services to masonic family members and to the communities in which they live

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,342,291$23,740,462▼ $1,601,829
Savings and Temporary Cash Investments$5,199,808$6,183,734▲ $983,926
Accounts Receivable$4,251,476$4,234,197▼ $17,279
Intangible Assets$1,930,327$1,930,327→ $0
Prepaid Expenses and Deferred Charges$134,770$127,436▼ $7,334
Inventories for Sale or Use$57,413$57,921▲ $508
Total Assets$45,251,495$43,824,245▼ $1,427,250
Other Assets Total$8,335,410$7,550,168▼ $785,242
Liabilities
Tax Exempt Bond Liabilities$10,437,500$9,483,204▼ $954,296
Accounts Payable and Accrued Expenses$3,299,691$2,050,255▼ $1,249,436
Other Liabilities$642,979$693,087▲ $50,108
Deferred Revenue$354,070$398,867▲ $44,797
Total Liabilities$14,734,240$12,625,413▼ $2,108,827
Net Assets / Fund Balance
Unrestricted Net Assets$22,393,536$23,840,755▲ $1,447,219
Permanently Rstr Net Assets$4,336,406$4,081,663▼ $254,743
Temporarily Rstr Net Assets$3,787,313$3,276,414▼ $510,899
Total Net Assets Fund Balance$30,517,255$31,198,832▲ $681,577
Total Liabilities and Net Assets / Fund Balance$45,251,495$43,824,245▼ $1,427,250

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,795,580$37,460,140$56,957,864
Equipment$2,810,564$7,192,854$9,432,195
Land$946,524-$3,610,519
Other Land Buildings$187,794$169,223$187,794
Other Assets Org$78,248--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy BosleyChief Executive OfficerFT$207,692$65,696$273,388
Don PrayChief Financial OfficerFT$146,651$28,949$175,600
Vicki RitzChief Operating OfficerFT$132,836$24,376$157,212
Kevin EvansChief Operating OfficerFT$129,808$19,490$149,298

Board Members and Trustees

NameTitle
John a StevensPresident
Keith L WrightVice President
Daniel TooleTrustee
Delores F WaldoTrustee
James a WhiteTrustee
Mark a ManningTrustee
Raymond W FrancisTrustee
Robert B Fong Sr PhdTrustee
Thomas C GarnerTrustee
William WagnerTrustee
William R FinkelMwgm
Joshua WoodwykRwdgm
Mike S RobertsSecretary
Michael JungelTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Morrison Community LivingDietary ServicesPO BOX 102289, Atlanta, GA 30389$3,640,195
Concept RehabilitationRehabilitation Services7150 GRANITE CIRCLE SUITE 200, Toledo, OH 43617$1,850,742
Abm Healthcare Support ServicesLaundry/hskg ServicesPO BOX 935695, Atlanta, GA 31193-5695$1,834,323
Omnicare Of Northwest OhioRx Services-$739,295
Wobig ConstructionConstruction Contractor527 N WOODBRIDGE ST, Saginaw, MI 48602$162,956
Revenue and Support

Revenue Composition

Contributions and Grants
$329,091
Program Service Revenue
$37,029,203
Investment Income
$5,146
Other Revenue
$981,984
All Other Contributions
$329,091
Change in Net Assets
$1,425,699

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,565,003
Revenue Not Reported on Financial Statements
$780,421
Revenue Not Reported on Form 990
$36,301
Other Revenue Adjustments
$780,421
Total Revenue per Audited Statements
$37,601,304
Total Revenue per Form 990
$38,345,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,011,446
Salaries, Compensation, and Employee Benefits$17,820,318
Grants and Similar Amounts Paid$87,961
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,420,101$1,475,992-$13,896,093
Fees for Services Other$7,820,385$432,304-$8,252,689
Depreciation Depletion$2,207,950$459,366-$2,667,316
Office Expenses$1,899,661$368,113-$2,267,774
Other Employee Benefits$1,811,285$268,262-$2,079,547
Occupancy$986,166$205,173-$1,191,339
Payroll Taxes$932,294$129,800-$1,062,094
Pension Plan Contributions$345,966$68,134-$414,100
Current Officers, Directors, Trustees, and Key Employees-$368,484-$368,484
Interest$264,656$55,062-$319,718
All Other Expenses$84,008$204,740-$288,748
Payments to Affiliates$229,934--$229,934
Advertising$4,089$208,352-$212,441
Insurance-$182,470-$182,470
Other Expenses$160,376$35,564-$160,376
Travel$56,643$98,249-$154,892
Grants to Domestic Individuals$87,961--$87,961
Fees for Services Accounting-$74,000-$74,000
Fees for Services Legal$1,977$41,613-$43,590
Total Functional Expenses$32,244,047$4,675,678$0$36,919,725

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$36,919,725
Total Expenses per Audited Statements$36,919,725
Total Expenses per Form 990$36,919,725
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$527,595
Other Current Liabilities$165,492
Refundable Entrance Fees-

Bond Issues

BondIssuerIssuedIssue PricePurpose
BEconomic Development Corporation of the County of Gratiot2015-03-11$6,500,000Michigan Masonic Home Project Warwick acquisition
AEconomic Development Corporation of the County of Gratiot2012-03-01$6,300,000Refinance 1993 Bond Issue

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$6,500,000-$166,796$66,657
A$6,300,000-$787,500$62,805

Bond Financing Compliance

Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The completed form 990 is distributed to the board of directors via email for review prior to the filing deadline.”

Form 990, Part VI, Section B, Line 12C

“Officers, board members, and key employees are required annually to sign the organizations conflict of interest statement/policy, which is kept on file with administration.”

Form 990, Part VI, Section B, Line 15B

“The organization engages the services of a management/human resources consulting firm to determine median pay ranges for all positions, including the ceo and hces. The board of trustees approves the employment contract with the ceo.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and audited financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Michigan Masonic Home
EIN
23-7259307
Phone
9894633141
Address
1200 WRIGHT AVENUE, ALMA, MI 48801
Doing Business As
Masonic Pathways & Warwick Living Center

Signing Officer

Name
Don Pray
Title
CFO
Signed
2016-11-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Don Pray
Formed
1996
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
680
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“The changes in net assets are comprised of the following change in the value of net assets of the charitable fdn - 794,611, change in the value of doig trust - 14,190, and minimum pension liability adjustment - 36,301.”

Form 990, Part IX, Line 11G

“Non-employee fee for services includes the following therapy svs of 1,875155, beauty shop svs of 103,285, medical director/dental svs of 72,805, housekeeping/laundry svs of 1,559,885, billing svs of 70,413, dietary svs of 3,480,607, vent svs consultant of 240,000, rx svs of 36,253, temporary staffing of 48,117, transcription/shredding svs of 29,807, hr svs of 79,991, and software support of 259,059.”

Financial Statement Notes

XI 4B

“Change in split interest agreement doig trust - 14,190.”

XI 4B

“Change in split value of net assets of charitable fdn - 794,611”

XI 2D

“Minimum pension liability adjustment - 36,301”

Raw XML AppendixShowing 400 of 779 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OPERATING OFFICER
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Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,824,245
Liabilities
$12,625,413
Net assets
$31,198,832
Revenue
$38,345,424
Expenses
$36,919,725
Net income
$1,425,699
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.8$26.5$35.4$42.1$35.7$6.46
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.7$28.4$28.3$33.9$36.3$2.46
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.0$29.5$30.5$34.8$37.9$3.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.9$31.2$33.7$42.7$41.5$1.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.8$27.5$33.3$42.1$43.5$1.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.8$17.7$35.1$43.6$43.6$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.0$11.4$35.6$43.1$41.1$2.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.1$11.7$34.4$40.2$39.2$0.97
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.0$11.9$33.1$39.4$37.9$1.50
2016Detailed filing. Detailed filing data is available for this year.$43.8$12.6$31.2$38.3$36.9$1.43
2015Detailed filing. Detailed filing data is available for this year.$45.3$14.7$30.5$36.2$36.0$0.28
2014Detailed filing. Detailed filing data is available for this year.$38.9$8.56$30.3$32.6$32.1$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.0$10.2$29.7$32.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.8$18.1$27.7$30.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.4$12.5$28.0$30.5
Peer Organizations

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