MASONIC HOMES OF KENTUCKY INC Charity Report

Public IRS 990 nonprofit record

MASONIC HOMES OF KENTUCKY INC

EIN 61-0458374 · Human Services (P750)

What they do

PROVIDES and MAINTAINS A HOME for WIDOWS and ORPHANS of DECEASED MASONS of KENTUCKY and PROVIDES NURSING and MEDICAL CARE to CERTAIN RESIDENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.60 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

88.69%of revenue went to mission work72.6% of expenses · Program services

1.36%of revenue went to fundraising1.1% of expenses

$122.12spent for every $100 of revenueSpending was higher than revenue this year.

32.07%of revenue went to management and office costs26.3% of expenses

$4.03in assets for every $1 spent this yearSome assets cannot be spent right away.

3.3%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.

Worth asking: Expenses exceeded revenue by $9,448,655 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $504,302 for TODD LACY (PRESIDENT). 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$42,707,598

Mission workProgram services$37,878,99088.69% of revenue72.6% of expenses

ManagementOffice and general costs$13,697,57232.07% of revenue26.3% of expenses

FundraisingAsking for donations$579,6911.36% of revenue1.1% of expenses

Total expenses$52,156,253122.12% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 72.6% mission · 26.3% management · 1.1% fundraisingTotal expenses: 122.12% of revenue

2023Expense mix: 79.9% mission · 18.8% management · 1.3% fundraisingTotal expenses: 113.79% of revenue

2022Expense mix: 70.4% mission · 28.1% management · 1.5% fundraisingTotal expenses: 116.89% of revenue

2021Expense mix: 69.2% mission · 29.6% management · 1.2% fundraisingTotal expenses: 103.51% of revenue

2020Expense mix: 70.3% mission · 28.6% management · 1.1% fundraisingTotal expenses: 103.29% of revenue

2019Expense mix: 73.9% mission · 24.8% management · 1.3% fundraisingTotal expenses: 124.40% of revenue

2018Expense mix: 77.8% mission · 20.7% management · 1.6% fundraisingTotal expenses: 110.44% of revenue

2017Expense mix: 76.2% mission · 20.8% management · 3.0% fundraisingTotal expenses: 106.12% of revenue

Money in and money out

Revenue$42,707,598

Expenses$52,156,253

Annual shortfall $9,448,655 Expenses were higher than revenue 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)$37,878,990 · 72.6% of expenses

Management and office costs$13,697,572 · 26.3% of expenses

Fundraising$579,691 · 1.1% of expenses

See all reported dollar amounts

Revenue$42,707,598

Expenses$52,156,253

Assets$210,400,681

Income$58,729,450

Contributions$1,422,887

Mission work (program services)$37,878,990

Fundraising$579,691

Grants given$25,000

Average grant$8,333

Management and general$13,697,572

Executive compensation (total)$772,112

Stocks and bonds$28,688,275

Accounting fees$94,567

Investing fees$117,004

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

TODD LACYPRESIDENT · 32 hrs/week $504,302Base $472,966 · Other $31,336

J SCOTT JUDYCEO · 32 hrs/week $491,752Base $472,977 · Other $18,775

NATALIE TINSLEYSR VP THERAPY SERVICES · 40 hrs/week $211,462Base $186,392 · Other $25,070

KIMBERLY LEISSR VP ACCOUNTING · 40 hrs/week $206,086Base $194,575 · Other $11,511

CONJUNA COLLIERSR VP RISK MANAGEMENT · 40 hrs/week $203,503Base $202,998 · Other $505

DAVID BROWNADMINISTRATOR - LOUISVILLE · 40 hrs/week $198,355Base $182,966 · Other $15,389

TRASEE WHITAKERSR VP HR · 40 hrs/week $196,451Base $178,429 · Other $18,022

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)

TODD LACYPRESIDENT

J SCOTT JUDYCEO

NATALIE TINSLEYSR VP THERAPY SERVICES

KIMBERLY LEISSR VP ACCOUNTING

CONJUNA COLLIERSR VP RISK MANAGEMENT

DAVID BROWNADMINISTRATOR - LOUISVILLE

TRASEE WHITAKERSR VP HR

RONALD S CAUGHRONTREASURER

MITCHELL MAYDIRECTOR

TERRY BOGGESSDIRECTOR (FROM 11/24)

TERRY L BOWMANVICE CHAIRMAN

TIMOTHY SANDERSDIRECTOR

W MICHAEL YOUNTDIRECTOR

WENDELL LITTLEFIELDDIRECTOR

WILLIAM CANNONDIRECTOR

WILLIAM C PERRYSECRETARY

WILLIAM D VINSONDIRECTOR

ROBERT GRIGGSDIRECTOR

RICHARD SHORTDIRECTOR

CAMERON POEDIRECTOR

MARK H GALLOWAYDIRECTOR

LUKE MARTINDIRECTOR

HAROLD E ARMSTRONGCHAIRMAN (THRU 11/24)

GEARY LAIRDDIRECTOR

F KEITH DREIERCHAIRMAN

E DARREN WILSONDIRECTOR

DONALD YANKEEDIRECTOR

DAN LYNNDIRECTOR

CHRISTOPHER STOUTDIRECTOR

About this charity

Recognized since: January 1949
Location: 330 MASONIC HOME DR, MASONIC HOME, KY 40041-9004
County: Jefferson
In care of: TODD LACY
Primary officer: TODD LACY, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(502) 259-9627

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CHERRY BEKAERT ADVISORY LLC
NTEE classification: Human Services (P750)
IRS tax category: Continuing Care Retirement Communities
Grant-giving organization: Yes