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Masonic Charity Foundation Of Ct

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061435920 ✦ Wallingford, CT ✦ Designated as a 501(c)(3)

Overview

What is Masonic Charity Foundation Of Ct?

The Masonic Charity Foundation of CT is a nonprofit organization based in Wallingford, Connecticut. With a small team of four employees, its primary mission is to support and promote charitable giving towards Masonicare and its affiliates. The foundation manages investments, offers financial assistance, and ensures responsible stewardship of donations. Its main objective is to enhance the well-being of Masonicare's residents and patients, while also growing its Endowment Fund. By fostering relationships with the Masonic family and the wider community, the foundation aims to secure charitable gifts that align with donors' objectives.


Official website here: www.masonicare.org

Is Masonic Charity Foundation Of Ct legitimate?

Masonic Charity Foundation Of Ct is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Charity Foundation Of Ct submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $274,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,201

For more financial information, click here


Official website here: www.masonicare.org

What is the mission statement of Masonic Charity Foundation Of Ct?

The Masonic Charity Foundation of CT aims to collect charitable contributions from the Masonic community and beyond, primarily to support Masonicare and its affiliates. Their mission is to utilize these donations effectively, focusing on meeting the donors' objectives. The Foundation also strives to expand its Endowment Fund and is recognized as a financially successful and responsible philanthropic organization, contributing to the well-being of the residents and patients served by Masonicare and its affiliates. They offer a range of gift giving opportunities to achieve this mission.


Official website here: www.masonicare.org

What is the revenue of Masonic Charity Foundation Of Ct?

Masonic Charity Foundation Of Ct's revenue in 2022 was $10,718,568.


Official website here: www.masonicare.org

Who are the executives of Masonic Charity Foundation Of Ct and what are their salaries?

The average compensation at Masonic Charity Foundation Of Ct during 2022 was $101,707. There are 4 employees and 90 volunteers at Masonic Charity Foundation Of Ct.

Here are 16 key members and their salaries (Masonic Charity Foundation Of Ct's CEO's salary is $0 and their total compensation is $757,743):

    Jon-Paul Venoit (President And Ceo)
  • Compensation: $0
  • Related: $709,728
  • Other: $48,015

    • Steven D Beaulieu (Cfo & Assistant Treasurer)
  • Compensation: $0
  • Related: $262,955
  • Other: $38,756

    • Jennifer A King (Executive Director, Assistant Secretary)
  • Compensation: $238,412
  • Related: $0
  • Other: $25,097

    • Charles W Yohe (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David O Stern (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gordon C Hurlbert Iii (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James J Pyskaty (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Carrott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher J Earle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward C Page (Director (10/01/21 - 03/31/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey L Ice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory J Wentworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Macdowall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Kirshner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Les B King (Director (Effective 04/01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryann Pronovost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.masonicare.org

    Where can I find the form 990 for Masonic Charity Foundation Of Ct?

    The Masonic Charity Foundation Of Ct’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.masonicare.org

    Learn more at the official website: www.masonicare.org

    Mission Statement of Masonic Charity Foundation Of Ct

    The Masonic Charity Foundation of CT is committed to promoting, soliciting, and securing charitable contributions to support the residents and patients of Masonicare and its affiliated organizations. Their primary objective is to meet the gift-giving preferences of donors while simultaneously expanding their Endowment Fund. This philanthropic organization is dedicated to being financially successful and responsible, ensuring that the resources they receive are efficiently utilized to benefit those served by Masonicare and its affiliates. The Masonic Charity Foundation of CT offers a variety of charitable giving opportunities, aiming to be recognized as a trusted and effective philanthropic entity in the field.

    Impact

    This information is meant to be a general summary of Masonic Charity Foundation Of Ct. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The impact of the Masonic Charity Foundation of CT is significant in promoting, securing, and stewarding charitable gifts to benefit the residents and patients of Masonicare and its affiliates. By managing investments, providing financial support, and offering planned giving opportunities, the Foundation plays a crucial role in ensuring the well-being of those served by Masonicare. Through these efforts, the Foundation is recognized as a financially successful and fiscally responsible philanthropic organization that positively impacts the health and welfare of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,521,526
  • Program Service Revenue: $0
  • Gross Receipts: $30,436,891

    • Assets and Liabilities:
  • Total Assets: $170,342,779
  • Total Liabilities: $2,627,371
  • Net Assets: $167,715,408
  • Organization Details

    Founding Year

    1995

    Main Address

    PO Box 70, Wallingford, CT, 06492

    NTEE Category

    Code: E12 - Health

    If you are a representative of Masonic Charity Foundation Of Ct and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.