INDIANA MASONIC HOME INC Charity Report

Public IRS 990 nonprofit record

INDIANA MASONIC HOME INC

EIN 35-2187477 · Senior Citizens Housing & Retirement Communities (L22)

What they do

to SERVE THE CHARITABLE PURPOSE of OPERATING THE CONTINUING CARE RETIREMENT COMMUNITY KNOWN AS THE INDIANA MASONIC HOME IN FRANKLIN, INDIANA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.70 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 2024The charity has a recent tax report to read.

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

They name their leaders29 people are listed in the latest report.

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

Money made simple

46.92%of revenue went to mission work67.7% of expenses · Program services

$69.33spent for every $100 of revenueRevenue covered expenses this year.

22.41%of revenue went to management and office costs32.3% of expenses

$10.24in assets for every $1 spent this yearSome assets cannot be spent right away.

24.1%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 $271,575 for MIKE SPENCER (CEO). 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 2024

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$16,603,151

Mission workProgram services$7,789,86146.92% of revenue67.7% of expenses

ManagementOffice and general costs$3,720,94822.41% of revenue32.3% of expenses

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

Revenue left after expensesReported annual surplus$5,092,34230.67% of revenueShown in gray on the chart

Total expenses$11,510,80969.33% 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

2024CurrentExpense mix: 67.7% mission · 32.3% management · 0.0% fundraisingTotal expenses: 69.33% of revenue

2023Expense mix: 67.1% mission · 32.9% management · 0.0% fundraisingTotal expenses: 69.52% of revenue

2022Expense mix: 65.3% mission · 34.7% management · 0.0% fundraisingTotal expenses: 74.29% of revenue

2021Expense mix: 61.5% mission · 38.5% management · 0.0% fundraisingTotal expenses: 46.51% of revenue

2020Expense mix: 77.8% mission · 22.2% management · 0.0% fundraisingTotal expenses: 79.65% of revenue

2018Expense mix: 71.2% mission · 28.8% management · 0.0% fundraisingTotal expenses: 94.96% of revenue

2017Expense mix: 75.5% mission · 24.5% management · 0.0% fundraisingTotal expenses: 44.39% of revenue

2016Expense mix: 77.9% mission · 22.1% management · 0.0% fundraisingTotal expenses: 90.27% of revenue

Money in and money out

Revenue$16,603,151

Expenses$11,510,809

Annual surplus $5,092,342 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)$7,789,861 · 67.7% of expenses

Management and office costs$3,720,948 · 32.3% of expenses

See all reported dollar amounts

Revenue$16,603,151

Expenses$11,510,809

Assets$117,839,678

Income$25,933,949

Contributions$4,002,235

Mission work (program services)$7,789,861

Management and general$3,720,948

Executive compensation (total)$243,744

Stocks and bonds$11,394,898

Accounting fees$95,675

Investing fees$57,733

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

MIKE SPENCERCEO · 40 hrs/week $271,575Base $244,486 · Other $27,089

WILLIAM PIERCEADMINISTRATOR · 40 hrs/week $201,743Base $181,038 · Other $20,705

MARISSA MEAHLDIRECTOR OF NURSING · 40 hrs/week $159,253Base $157,832 · Other $1,421

MARDENA MCGLACKENCFO · 40 hrs/week $146,177Base $135,032 · Other $11,145

SARAH BRUNERREGISTERED NURSE · 40 hrs/week $138,810Base $128,432 · Other $10,378

JENNIFER STEPHENSREGISTERED NURSE · 40 hrs/week $136,589Base $117,798 · Other $18,791

CANDACE MCKINNIEHOME HEALTH ADMINISTRATOR · 40 hrs/week $136,391Base $119,863 · Other $16,528

CHAD DAVISDIRECTOR OF BUSINESS DEVELOPMENT · 40 hrs/week $129,752Base $100,731 · Other $29,021

SHELLY BROWNNURSE CASE MANAGER · 40 hrs/week $129,257Base $122,470 · Other $6,787

KAREN HARRISLPN FOR ALABAMA & INDIANA · 40 hrs/week $119,499Base $100,991 · Other $18,508

JENNIFER BAKERHOME HEALTH DIRECTOR OF NURSING · 40 hrs/week $116,657Base $107,720 · Other $8,937

GURMEET KAURRN FOR SKILLED NURSING · 40 hrs/week $111,699Base $101,179 · Other $10,520

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 (29)

MIKE SPENCERCEO

WILLIAM PIERCEADMINISTRATOR

MARISSA MEAHLDIRECTOR OF NURSING

MARDENA MCGLACKENCFO

SARAH BRUNERREGISTERED NURSE

JENNIFER STEPHENSREGISTERED NURSE

CANDACE MCKINNIEHOME HEALTH ADMINISTRATOR

CHAD DAVISDIRECTOR OF BUSINESS DEVELOPMENT

SHELLY BROWNNURSE CASE MANAGER

KAREN HARRISLPN FOR ALABAMA & INDIANA

JENNIFER BAKERHOME HEALTH DIRECTOR OF NURSING

GURMEET KAURRN FOR SKILLED NURSING

RICHARD J ELMANGRAND SECRETARY

BRIAN BATESBOARD MEMBER

STEVEN A BATESBOARD MEMBER

STEVEN DOUGLASBOARD MEMBER

CLINTON NALLEYBOARD MEMBER

CONSTANCE BRANIGANBOARD MEMBER

RONALD L BUSKIRKPRESIDENT

RICHARD L LENTZVICE PRESIDENT

RANDOLPH SEIPELBOARD MEMBER

DAVID MORGANBOARD MEMBER

MIKE BIRDBOARD MEMBER

DON R REYNOLDS IITREASURER

GERALD YACKLEBOARD MEMBER

KENNETH CROOKSBOARD MEMBER

ANDY HUGHESBOARD MEMBER

JOHN BRIDGEGROOMBOARD MEMBER

JERRY B MAPLEBOARD MEMBER

About this charity

Recognized since: January 2003
Location: 690 STATE STREET, FRANKLIN, IN 46131
County: Johnson
In care of: MIKE SPENCER
Primary officer: MIKE SPENCER, CEO

How to reach them

WebsiteVisit the charity’s website Phone(317) 736-6141

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KSM BUSINESS SERVICES INC
NTEE classification: Senior Citizens Housing & Retirement Communities (L22)
IRS tax category: Senior Citizens Housing & Retirement Communities