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Filing year 2023

MASONIC EDUCATION & CHARITY TRUST

Boston, Massachusetts·EIN 04-2104701·NTEE S120 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.2M
Total assets
$92.5M
Total expenses
$1.8M
Reported officers
11
Mission

TO HOLD AND INVEST FUNDS FOR RELATED MASONIC ORGANIZATIONS AND DISTRIBUTE INCOME EARNED TO THEM AND TO RETURN THEIR INVESTED FUNDS WHEN REQUIRED IN ORDER TO FULFILL THE REQUIREMENTS AND OBLIGATIONS OF FREEMASONRY: FREEMASONRY (OFTEN SIMPLIFIED TO "MASONRY") ENHANCES AND STRENGTHENS THE CHARACTER OF THE INDIVIDUAL MAN BY PROVIDING OPPORTUNITIES FOR FELLOWSHIP, CHARITY, EDUCATION, ANDD LEADERSHIP BASED ON THE THREE ANCIENT MASONIC TENETS: BROTHERLY LOVE, RELIEF, AND TRUTH. MASSACHUSETTS FREEMASONRY IS A CROWNING LEGACY OF THIS VENERABLE HERITAGE AS WE STRIVE TO "MAKE GOOD MEN BETTER."

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Massachusetts.

Asst. Treasurer
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MASONIC EDUCATION & CHARITY TRUST equaled 0.1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
0.1%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Pay for the position

Chief Financial Officer pay fell 30% from 2022 to 2023, while revenue rose 100%.

$3k in 2022 to $2k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MASONIC EDUCATION & CHARITY TRUST

What does the Chief Financial Officer of MASONIC EDUCATION & CHARITY TRUST earn?

In 2023, the Chief Financial Officer of MASONIC EDUCATION & CHARITY TRUST received $1,768 in total compensation. This pay is in the bottom 10% for Chief Financial Officer roles among Community Improvement & Capacity Building organizations in Massachusetts: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Financial Officer pay at MASONIC EDUCATION & CHARITY TRUST compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2023 pay of the Chief Financial Officer at MASONIC EDUCATION & CHARITY TRUST falls in the bottom 10%. In 2023, the highest total compensation at MASONIC EDUCATION & CHARITY TRUST equaled 0.1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MASONIC EDUCATION & CHARITY TRUST's revenue and expenses?

In 2023, MASONIC EDUCATION & CHARITY TRUST reported $2.2M in total revenue and $1.8M in total expenses on its IRS Form 990.

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