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MEMORIAL MASONIC TEMPLE CORPORATION
N SYRACUSE, NY · EIN 161503421 · Form 990 · FY2024 · Micro (<$100K)
revenue
$83K
expenses
$101K
net assets
$629K
employees
0
program ratio
100%
mission · from form 990

ORGANIZED TO CONSTRUCT, OPERAT & MANAGE A BUILDING FOR THE BENEFIT OF ITS EXEMPT OWNERS. THE ENTITY COLLECTS RENT FROM ITS TAX EXEMPT OWNERS AND PAY THE OPERATING EXPENSES FOR THE BUILDING.

profile · synthesized from sources

MEMORIAL MASONIC TEMPLE CORPORATION is a New York-based entity established to construct, operate, and manage a building for the benefit of its tax-exempt owners. The organization collects rent from these owners and uses it to cover the building's operating expenses. Its mission is focused on property management and operational support for affiliated exempt organizations.

named programs · 1 · from sources

What they call their work

Building Operations and Management
Manages the construction, operation, and maintenance of a building for the benefit of its tax-exempt owners
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Constructs, operates, and manages a building for the benefit of its tax-exempt owners
      Manages real estate infrastructure by constructing, operating, and maintaining a building, including collecting rent and covering operating expenses to support tax-exempt organizations.
financials · form 990 · fy2024
revenue
Total revenue$83K
Contributions & grants$2K2%
Program service revenue$59K71%
Investment income$22K27%
Other revenue$0
expenses
Total expenses$101K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$2K
Largest expense lineFacilities
balance sheet
Total assets$630K
Cash$3K
Investments$202K
Liabilities$201
Net assets$629K
Liquid reserves24.4 mo
4 years on record · 2020–2024 · YoY revenue +29.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 9
  • BILL FERGERSON — TRUSTEE
  • CARL FAHRENKRUG JR — TRUSTEE
  • DANIEL CAMPIS — TRUSTEE
  • DANIEL DESTEFANO — TRUSTEE
  • JOHN PIERCE — VICE PRESIDENT
  • KARL PARKER — TREASURER
  • KEN STERLING — PRESIDENT
  • MICHAEL BROOKER — SECRETARY
  • TOM DUSKEE — TRUSTEE
relationships · 1

Who they work with

  • Tax-exempt owners Partner — Group of tax-exempt entities that rent space in the building and contribute to operating expenses.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.