MASONIC CHARITY FOUNDATION OF CT Charity Report

Public IRS 990 nonprofit record

MASONIC CHARITY FOUNDATION OF CT

EIN 06-1435920 · Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)

What they do

MASONIC CHARITY FOUNDATION of CT WILL PROMOTE, SOLICIT, SECURE and STEWARD CHARITABLE GIFTS FROM THE MASONIC FAMILY and THE COMMUNITY to BENEFIT THE RESIDENTS and PATIENTS of MASONICARE and ITS AFFILIATES, AS WELL AS to BUILD FURTHER ITS ENDOWMENT FUND, WITH EMPHASIS ON MEETING DONORS GIFT GIVING OBJECTIVES. THE MASONIC CHARITY FOUNDATION of CT WILL BE RECOGNIZED AS A FINANCIALLY SUCCESSFUL and FISCALLY RESPONSIBLE PHILANTHROPIC ORGANIZATION BENEFITING THE RESIDENTS and PATIENTS SERVED BY MASONICARE and ITS AFFILIATES BY OFFERING A FULL COMPLEMENT of GIFT GIVING OPPORTUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $57.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

14.61%of revenue went to mission work57.4% of expenses · Program services

$21.21spent for every $100 of revenueRevenue covered expenses this year.

10.83%of revenue went to management and office costs42.6% of expenses

$90.61in assets for every $1 spent this yearSome assets cannot be spent right away.

19.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $221,195 for JENNIFER A KING (FORMER EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,073,153

Mission workProgram services$1,471,55814.61% of revenue57.4% of expenses

ManagementOffice and general costs$1,090,64910.83% of revenue42.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$7,510,94674.56% of revenueShown in gray on the chart

Total expenses$2,562,20725.44% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 57.4% mission · 42.6% management · 0.0% fundraisingTotal expenses: 25.44% of revenue

2022Expense mix: 79.3% mission · 20.7% management · 0.0% fundraisingTotal expenses: 28.61% of revenue

2021Expense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 22.62% of revenue

2020Expense mix: 78.8% mission · 21.2% management · 0.0% fundraisingTotal expenses: 14.49% of revenue

2019Expense mix: 75.8% mission · 24.2% management · 0.0% fundraisingTotal expenses: 20.57% of revenue

2018Expense mix: 77.0% mission · 23.0% management · 0.0% fundraisingTotal expenses: 27.81% of revenue

2017Expense mix: 76.7% mission · 23.3% management · 0.0% fundraisingTotal expenses: 19.74% of revenue

2016Expense mix: 76.5% mission · 23.5% management · 0.0% fundraisingTotal expenses: 27.94% of revenue

Money in and money out

Revenue$12,080,186

Expenses$2,562,207

Annual surplus $9,517,979 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,471,558 · 57.4% of expenses

Management and office costs$1,090,649 · 42.6% of expenses

See all reported dollar amounts

Revenue$12,080,186

Expenses$2,562,207

Assets$232,161,912

Income$52,103,980

Contributions$2,324,007

Mission work (program services)$1,471,558

Grants given$5,637,611

Average grant$225,504

Management and general$1,090,649

Stocks and bonds$178,162,383

Accounting fees$15,168

Investing fees$589,638

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER A KINGFORMER EXECUTIVE DIRECTOR $221,195Base $199,190 · Other $22,005

CARRIE FULLER-MCMAHONEXECUTIVE DIRECTOR · 40 hrs/week $73,884Base $72,973 · Other $911

JON-PAUL VENOITPRESIDENT AND CEO, ASSISTANT SECRETARY · 1 hrs/week $58,740Base · Other $58,740

STEVEN D BEAULIEUCFO, ASSISTANT TREASURER · 1 hrs/week $44,115Base · Other $44,115

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

JENNIFER A KINGFORMER EXECUTIVE DIRECTOR

CARRIE FULLER-MCMAHONEXECUTIVE DIRECTOR

JON-PAUL VENOITPRESIDENT AND CEO, ASSISTANT SECRETARY

STEVEN D BEAULIEUCFO, ASSISTANT TREASURER

JAMES J PYSKATYVICE CHAIRMAN

SHANE DUFRESNEDIRECTOR (THRU 03/31/24)

MARYANN PRONOVOSTDIRECTOR

LISA BOHMANDIRECTOR

KENNETH KIRSHNERDIRECTOR

KEITH MACDOWALLSECRETARY

GREGORY J WENTWORTHDIRECTOR

GEOFFREY L ICEDIRECTOR

F MATTHEW HEINRICHDIRECTOR (EFFECTIVE 04/01/24)

DAVID O STERNTREASURER

DAVID BERARDESCADIRECTOR

CHRISTOPHER CARROTTDIRECTOR

CHARLES W YOHECHAIRMAN

About this charity

Recognized since: January 1996
Location: PO BOX 70, WILLINGTON, CT 06279-0070
County: New Haven
In care of: DAVID LAWLOR
Primary officer: DAVID LAWLOR, CFO

How to reach them

WebsiteVisit the charity’s website Phone(203) 679-5555

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes