Civic Intelligence

Minnesota Masonic Charities Funds

990 • Fiscal year 2012 • EIN 41-1495321

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 09, 2013

11501 Masonic Home Drive55437
Siviq Scores

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

Liabilities / Assets

14th percentile

0.05x

Higher debt load relative to assets than 14% of similar nonprofits.

2012 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

78th percentile

11%

Faster asset growth than 78% of similar nonprofits.

2012 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$153,781,497

Up $15,784,690 (+11%) from 2011

Net Assets

Up

$146,624,464

Up $15,493,339 (+12%) from 2011

Liabilities

Up

$7,157,033

Up $291,351 (+4.2%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$954,205

Down $5,891 (-0.6%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $143,600,497Liabilities 2010: $6,750,035Net Assets 2010: $136,850,4622010Assets 2011: $137,996,807Liabilities 2011: $6,865,682Net Assets 2011: $131,131,1252011Assets 2012: $153,781,497Liabilities 2012: $7,157,033Net Assets 2012: $146,624,4642012Assets 2013: $171,618,415Liabilities 2013: $7,076,097Net Assets 2013: $164,542,3182013Assets 2014: $169,652,971Liabilities 2014: $6,921,217Net Assets 2014: $162,731,7542014Assets 2015: $161,329,856Liabilities 2015: $4,888,551Net Assets 2015: $156,441,3052015Assets 2016: $160,899,468Liabilities 2016: $5,126,098Net Assets 2016: $155,773,3702016Assets 2017: $174,903,250Liabilities 2017: $5,498,778Net Assets 2017: $169,404,4722017Assets 2018: $144,758,252Liabilities 2018: $5,844,661Net Assets 2018: $138,913,5912018Assets 2019: $163,485,058Liabilities 2019: $6,226,216Net Assets 2019: $157,258,8422019Assets 2020: $172,347,373Liabilities 2020: $6,883,408Net Assets 2020: $165,463,9652020Assets 2021: $189,733,075Liabilities 2021: $9,026,625Net Assets 2021: $180,706,4502021Assets 2022: $142,490,325Liabilities 2022: $9,106,897Net Assets 2022: $133,383,4282022Assets 2023: $146,977,341Liabilities 2023: $9,607,183Net Assets 2023: $137,370,1582023Assets 2024: $144,716,799Liabilities 2024: $10,147,191Net Assets 2024: $134,569,6082024

Highlighted filing

2012

Assets$153,781,497
Liabilities$7,157,033
Net Assets$146,624,464

Operations Trend

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

$20M$15M$10M$5.0M$0Expenses 2010: $3,734,0802010Expenses 2011: $960,0962011Expenses 2012: $954,2052012Revenue 2013: $11,383,944Expenses 2013: $1,011,108Net Income 2013: $10,372,8362013Revenue 2014: $12,953,260Expenses 2014: $1,108,143Net Income 2014: $11,845,1172014Revenue 2015: $3,916,917Expenses 2015: $1,074,215Net Income 2015: $2,842,7022015Revenue 2016: $5,505,733Expenses 2016: $990,656Net Income 2016: $4,515,0772016Revenue 2017: $18,560,124Expenses 2017: $1,025,831Net Income 2017: $17,534,2932017Revenue 2018: $7,584,154Expenses 2018: $1,042,035Net Income 2018: $6,542,1192018Revenue 2019: $7,885,107Expenses 2019: $1,020,971Net Income 2019: $6,864,1362019Revenue 2020: $10,999,898Expenses 2020: $982,351Net Income 2020: $10,017,5472020Revenue 2021: $15,966,548Expenses 2021: $1,107,710Net Income 2021: $14,858,8382021Revenue 2022: $15,393,788Expenses 2022: $1,020,825Net Income 2022: $14,372,9632022Revenue 2023: $10,601,402Expenses 2023: $908,466Net Income 2023: $9,692,9362023Revenue 2024: $8,675,025Expenses 2024: $929,855Net Income 2024: $7,745,1702024

Highlighted filing

2012

Revenue-
Expenses$954,205
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 9, 2013
Return Version
2012v2.1
Gross Receipts
$60,748,288
Mission and Program Overview

Mission

Minnesota masonic charities and affiliates' purposes are to help, aid and assist the masonic family and others, guided by the masonic principles of brotherly love, relief and truth, by (a) providing facilities for nursing care and elderly housing; facilities and programs for community, health, social services and education of older persons and their families; and professionals who serve older persons; (b) promoting research and other activities related to the treatment and cure of cancer; (c) assisting students in obtaining higher education; (d) the collection, preservation and dissemination of historical knowledge about masonry in minnesota; and (e) to engage in, promote, and administer charitable causes and projects that aid, assist, and contribute to the support of corporations, trust, associations, and foundations that are exempt from federal income taxes.

Filing and Contact Details

Filer

EIN
41-1495321
Raw XML AppendixShowing 400 of 619 raw XML fields

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IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs18636
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0COMPENSATION FOR PRESIDENT/CEO IS DETERMINED BY A RELATED ORGANIZATION WHICH USES THE FOLLOWING METHODS: 1)COMPENSATION COMMITTEE, 2)INDEPENDENT COMPENSATION CONSULTANT, 3)COMPENSATION SURVEY/STUDY, AND 4)BOARD APPROVAL.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SUPPLEMENTAL INFORMATION
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0ERIC J NEETENBEEK
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1SUE MORK
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
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IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs110338
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
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IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs130030
IRS990ScheduleJ/Form990ScheduleJPartII/Title0PRESIDENT/CEO-CHARITIES
IRS990ScheduleJ/Form990ScheduleJPartII/Title1CFO-CHARITIES
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0319163
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1171917
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE EXECUTIVE COMMITTEE SHALL INCLUDE THE CHAIRMAN, THE PRESIDENT, THE VICE-CHAIRMAN, THE TREASURER, AND THE SECRETARY. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS IN THE INTERVAL BETWEEN BOARD MEETINGS, AND THE EXECUTIVE COMMITTEE SHALL AT ALL TIMES BE SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE SUCH OTHER DUTIES AS MAY BE PRESCRIBED BY THE BOARD OF DIRECTORS FROM TIME TO TIME.
IRS990ScheduleO/GeneralExplanation/Explanation1MARK A. CAMPBELL, CHAIRMAN, AND DOUGLAS J. CAMPBELL, SECRETARY/TREASURER, HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/GeneralExplanation/Explanation2MINNESOTA MASONIC ELDER SERVICES PROVIDES MANAGEMENT SERVICES, INCLUDING EXECUTIVE MANAGEMENT, TO ITS RELATED MINNESOTA MASONIC CHARITIES ORGANIZATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE SOLE MEMBER OF THIS CORPORATION, WITH VOTING RIGHTS, IS MINNESOTA MASONIC CHARITIES, A MINNESOTA NONPROFIT CORPORATION.
IRS990ScheduleO/GeneralExplanation/Explanation4THE BOARD OF DIRECTORS OF THE SOLE MEMBER, MINNESOTA MASONIC CHARITIES SHALL ELECT ALL DIRECTORS AT ITS ANNUAL ORGANIZATIONAL MEETING AFTER CONSIDERATION OF A SLATE OF NOMINEES APPROVED BY THE NOMINATING COMMITTEE. THE GRAND MASTER OF THE GRAND LODGE OF ANCIENT FREE AND ACCEPTED MASONS OF MINNESOTA MAY NOMINATE ONE PERSON FOR THE CONSIDERATION OF THE BOARD OF DIRECTORS AND THE NOMINATING COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Explanation5THE SOLE MEMBER, MINNESOTA MASONIC CHARITIES SHALL HAVE THE RIGHT AND POWER TO APPROVE ANY OF THE FOLLOWING, AS PROPOSED BY THE BOARD, PRIOR TO THE ACT OR ACTION TAKING EFFECT OR BEING IMPLEMENTED: (A) ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS OF THIS CORPORATION; (B) ALL CAPITAL BUDGETS OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THE CORPORATION, AND ALL MAJOR CAPITAL EXPENDITURES BEFORE FUNDS ARE EXPENDED THEREFOR (FOR THESE PURPOSES A MAJOR CAPITAL EXPENDITURE SHALL BE DEFINED BY MINNESOTA MASONIC CHARITIES' BYLAWS THEN IN EFFECT); (C) ALL OPERATING BUDGETS OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THIS CORPORATION, BEFORE AUTHORIZED EXPENDITURES MAY BE MADE THEREFROM; (D) STRATEGIC PLANS OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THIS CORPORATION; (E) THE INCURRING OF ANY LONG TERM DEBT OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THIS CORPORATION, OTHER THAN INTRA-SYSTEM OR REFINANCING DEBT; (F) ALL HUMAN RESOURCES AND BENEFITS POLICIES OF THIS CORPORATION; (G) ANY MAJOR RISK CONTRACTING AGREEMENTS, WHICH FOR THESE PURPOSES MEANS ANY CONTRACT WHICH DEALS WITH CAPITATION OR SIMILAR RISK BEARING CONCEPT; (H) ANY MERGER, CONSOLIDATION, OR TOTAL OR PARTIAL DISSOLUTION INVOLVING THIS CORPORATION; (I) THE NUMBER OF DIRECTORS OF THIS CORPORATION; AND (J) ANY GOVERNANCE AND ACTION OF THE TYPE SET FORTH IN SUBPARAGRAPH (A) AND SUBPARAGRAPHS (F) THROUGH (I) ABOVE AS PROPOSED BY THE BOARD OF DIRECTORS OF ANY CORPORATION, PARTNERSHIP OR OTHER LEGAL ENTITIES DIRECTLY CONTROLLED BY THIS CORPORATION AS A MEMBER, SHAREHOLDER OR OTHERWISE, TO THE EXTENT THAT THE GOVERNING DOCUMENTS OF SUCH CORPORATION, PARTNERSHIP OR OTHER LEGAL ENTITIES GIVE THIS CORPORATION OR THE BOARD A RIGHT OF APPROVAL OVER SUCH GOVERNANCE ACTION.
IRS990ScheduleO/GeneralExplanation/Explanation6THE 990 IS REVIEWED BY MANAGEMENT AND IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation7ALL STAFF, BOARD OF DIRECTORS AND PROFESSIONAL SERVICES INDEPENDENT CONTRACTORS ARE REQUIRED TO COMPLETE AND SUBMIT A CONFIDENTIAL DISCLOSURE STATEMENT TO THE CEO OR CHAIRMAN OF THE MINNESOTA MASONIC CHARITIES BOARD OF DIRECTORS BY MAY 1, OF EACH YEAR. IF ANY DISCLOSURE STATEMENT INDICATES THE POTENTIAL FOR A CONFLICT OF INTEREST, THE CEO AND IF NECESSARY, THE CHAIRMAN OF THE BOARD WILL MEET WITH THE AFFECTED INDIVIDUAL TO RESOLVE HOW THE INDIVIDUAL MAY PARTICIPATE IN GOVERNANCE OR MANAGEMENT ACTIVITIES ASSOCIATED WITH THE POTENTIAL CONFLICT OF INTEREST. EACH STAFF PERSON WILL VOLUNTARILY ABSTAIN FROM PARTICIPATION IN ANY MINNESOTA MASONIC CHARITIES ACTIVITY IN WHICH A POTENTIAL CONFLICT OF INTEREST MAY ARISE.
IRS990ScheduleO/GeneralExplanation/Explanation8THE COMPENSATION OF THE PRESIDENT/CEO IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE, COMPRISED ENTIRELY OF INDEPENDENT INDIVIDUALS, OF THE BOARD OF DIRECTORS OF MINNESOTA MASONIC CHARITIES. A MARKET ANALYSIS IS COMPLETED BY AN INDEPENDENT CONSULTANT, ALONG WITH A PERFORMANCE REVIEW. ANY ADJUSTMENTS IN COMPENSATION ARE APPROVED BY THE BOARD OF DIRECTORS OF MINNESOTA MASONIC CHARITIES. WE HAVE ANSWERED YES TO LINE 15A BECAUSE OUR BOARD OF DIRECTORS AND COMPENSATION COMMITTEE ARE IDENTICAL TO THOSE OF MINNESOTA MASONIC CHARITIES. THE PRESIDENT/CEO ANNUALLY REVIEWS THE COMPENSATION OF THE MANAGEMENT STAFF. ANY ADJUSTMENTS IN COMPENSATION ARE WITHIN THE PARAMETERS SET BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation9THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/GeneralExplanation/Explanation10UNREALIZED GAIN ON ESTIMATED VALUE OF TRUSTS 86,666. TRANSFERS FROM AFFILIATES 24,594. TRANSFERS TO AFFILIATES -2,500,132.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference10FORM 990, PART XI, LINE 9:
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1011501 MASONIC HOME DRIVE
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IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine125430 BOONE AVE N
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1311501 MASONIC HOME DRIVE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine145430 BOONE AVE N
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1511501 MASONIC HOME DRIVE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$145$10.1$135$8.68$0.93$7.75
2023Detailed filing. Detailed filing data is available for this year.$147$9.61$137$10.6$0.91$9.69
2022Detailed filing. Detailed filing data is available for this year.$142$9.11$133$15.4$1.02$14.4
2021Detailed filing. Detailed filing data is available for this year.$190$9.03$181$16.0$1.11$14.9
2020Detailed filing. Detailed filing data is available for this year.$172$6.88$165$11.0$0.98$10.0
2019Detailed filing. Detailed filing data is available for this year.$163$6.23$157$7.89$1.02$6.86
2018Detailed filing. Detailed filing data is available for this year.$145$5.84$139$7.58$1.04$6.54
2017Detailed filing. Detailed filing data is available for this year.$175$5.50$169$18.6$1.03$17.5
2016Detailed filing. Detailed filing data is available for this year.$161$5.13$156$5.51$0.99$4.52
2015Detailed filing. Detailed filing data is available for this year.$161$4.89$156$3.92$1.07$2.84
2014Detailed filing. Detailed filing data is available for this year.$170$6.92$163$13.0$1.11$11.8
2013Detailed filing. Detailed filing data is available for this year.$172$7.08$165$11.4$1.01$10.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$154$7.16$147$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$138$6.87$131$0.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$144$6.75$137$3.73