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Nonprofit · EIN 04-2325981

DEMOLAY FOUNDATION OF MASSACHUSETTS

Tax-exempt · BOSTON, MA 02111

Financials

$181K$155K2023$226K$185K2024
Revenue Expenses · by fiscal year end
Financials of DEMOLAY FOUNDATION OF MASSACHUSETTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$226,131$185,301$40,830$2,103,455$0$2,103,455
December 31, 2023990$180,511$154,510$26,001$1,836,563$0$1,836,563
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$74,574
Program service revenue
$22,661
Investment income
$132,010
Net gain from sales of assets
$100,743
Net income from fundraising events
-$4,318
Other revenue
-$3,114

Expenses

Grants and similar amounts paid
$6,000
Compensation of officers, directors and key employees
$0
Other salaries and wages
$22,077
Salaries, compensation and benefits (total)
$24,305
Professional fundraising fees
$0
Accounting fees
$1,955
Occupancy
$2,400
Program services (functional)
$154,520
Management and general (functional)
$27,414
Fundraising (functional)
$3,367

Balance sheet and other

Total assets, start of year
$1,836,563
Total assets, end of year
$2,103,455
Total liabilities, end of year
$0
Net assets, end of year
$2,103,455
Publicly traded securities
$2,047,729
Net assets without donor restrictions
$588,967
Net assets with donor restrictions
$1,514,488
Gross receipts
$455,007
Employees
2
Volunteers
70
Year formed
1966
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Philip A DrouinChairman
Trustee or director, Officer
5$0
Paul PerkinsVice Chairman
Trustee or director, Officer
2$0
Herbert I LewisTreasurer
Trustee or director, Officer
10$0
Wayne M VintonSecretary
Trustee or director, Officer
2$0
John E Kelley JrTrustee
Trustee or director
2$0
Matthew GerrishExec. Officer/Ex-officio
Trustee or director, Officer
20$0
Alfredo CanhotoTrustee
Trustee or director
2$0
Oscar M ZepedaTrustee
Trustee or director
2$0
William H M BlakeTrustee
Trustee or director
2$0
Peter CulbertsonTrustee
Trustee or director
2$0
Geoffrey KromerTrustee
Trustee or director
2$0
Mason RussellTrustee
Trustee or director
2$0
John F SullivanTrustee
Trustee or director
2$0
George F HamiltonTrustee Ex officio
Trustee or director
2$0
James I OgilvieTrustee Ex-officio
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
George L Herbolsheimer IVTrustee Ex-officio
Trustee or director
1$0
Manuel Ferreira IITrustee Ex-officio
Trustee or director
1$0
David VeoTrustee Ex-officio
Trustee or director
1$0
Scott B InglisTrustee Ex-officio
Trustee or director
1$0
Donald MoranTrustee Ex-officio
Trustee or director
1$0
Michael R CoteTrustee Ex-officio
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
Philip A DrouinChairman
Trustee or director, Officer
5$0
Paul PerkinsVice Chairman
Trustee or director, Officer
2$0
Herbert I LewisTreasurer
Trustee or director, Officer
10$0
Wayne M VintonSecretary
Trustee or director, Officer
2$0
John E Kelley JrTrustee
Trustee or director
2$0
Matthew GerrishExec. Officer/Ex-officio
Trustee or director, Officer
20$0
Alfredo CanhotoTrustee
Trustee or director
2$0
Donald H LaLiberteTrustee
Trustee or director
2$0
William H M BlakeTrustee
Trustee or director
2$0
Peter CulbertsonTrustee
Trustee or director
2$0
Geoffrey KromerTrustee
Trustee or director
2$0
Mason RussellTrustee
Trustee or director
2$0
John F SullivanTrustee
Trustee or director
2$0
George F HamiltonTrustee Ex officio
Trustee or director
2$0
Eugene B NicholsTrustee Ex-officio
Trustee or director
2$0
Ernest A BeanTrustee Ex-officio
Trustee or director
2$0
Manuel Ferreira IVTrustee Ex-officio
Trustee or director
2$0
Robert C SchremserTrustee Ex-officio
Trustee or director
2$0
Scott B InglisTrustee Ex-officio
Trustee or director
2$0
Donald MoranTrustee Ex-officio
Trustee or director
2$0
Charlie DiminicoTrustee Ex-officio
Trustee or director
2$0
Randy WesselsTrustee Ex-officio
Trustee or director
2$0

Address and contacts

Address (IRS master file)
186 TREMONT ST, BOSTON, MA 02111-1014
Mailing address (990-N for 2025)
1989 Falmouth Rd, Centerville MA 02632
Principal officer (990 for 2024)
Matthew Gerrish, 186 Tremont St, Boston, MA 02111
Principal officer (990-N for 2025)
Stephen Scott Goddu, 10 Nancy Lane, Mashpee MA 02649
Signed the 990
Herbert I Lewis, Treasurer
Phone
(617) 426-6040
Return prepared by
Herbert I Lewis

Mission

The DeMolay Foundation is organized for charitable, religious and educational purposes to assist in the guidance of young men ages 12-21 in physical, mental, and spiritual development through physical education, sportsmanship, fraternal fellowship, citizenship, public speaking and the arts. To instill a respect for parents, country, the schools, and fellow men and to develop a positive philosophy of life that will sustain them in the future.

990 for the year ended December 31, 2024

Program accomplishments

  • Conclave (conference) An annual educational event promoting program planning, civic service, athletics, legislative initiative, rules of order, election of officers, educational workshops, and fraternal growth. This event develops the upcoming years programs, plans, and schedules.
    Expenses $43,506 · revenue $17,882
  • ISC Session and Congress This is a meeting of the members of DeMolay as well as adult and member leaders. Election of international youth and adult officers are held as well as various educational, legislative, and leadership sessions. Also, there is programmed time for the members to socialize with fellow members from around the world and enjoy some fun and activities.
    Expenses $13,303
  • Activities and Athletics Included are the fees for educational, social, and athletic activities which helps to defray the cost of sponsoring these events. These activities and athletic competitions are intended to assist in fulfilling the organizations mission as further described in our mission statement.
    Expenses $8,849 · revenue $3,993
  • Additional program services include degree work, special meetings, honor and award ceremonies, training workshops and education for advisors, planning, and programming sessions. Also included is the infrastructure necessary to support the multitude of program offerings.
    Expenses $88,862 · revenue $204,256

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
04-2325981
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B820)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Stephen Scott Goddu
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Stephen Scott Goddu
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2024$226,131$185,301$2,103,455XML
990-N for 2023
Officer: Stephen S Goddu
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2023$180,511$154,510$1,836,563XML
990-N for 2022
Officer: Stephen S Goddu
December 31, 2022≤ $50,000 receipts––e-Postcard
990December 2022–––IRS
990December 2021–––IRS
990-N for 2020
Officer: Stephen S Goddu
December 31, 2020≤ $50,000 receipts––e-Postcard
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2325981).

Questions about DEMOLAY FOUNDATION OF MASSACHUSETTS

What is the EIN of DEMOLAY FOUNDATION OF MASSACHUSETTS?
The employer identification number (EIN) of DEMOLAY FOUNDATION OF MASSACHUSETTS is 04-2325981.
Is DEMOLAY FOUNDATION OF MASSACHUSETTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to DEMOLAY FOUNDATION OF MASSACHUSETTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEMOLAY FOUNDATION OF MASSACHUSETTS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of DEMOLAY FOUNDATION OF MASSACHUSETTS due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DEMOLAY FOUNDATION OF MASSACHUSETTS last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of DEMOLAY FOUNDATION OF MASSACHUSETTS?
The 990 for the year ended December 31, 2024 names Matthew Gerrish.
Who are the officers and directors of DEMOLAY FOUNDATION OF MASSACHUSETTS?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does DEMOLAY FOUNDATION OF MASSACHUSETTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $226,131, expenses of $185,301 and total assets of $2,103,455 at year end.

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