Nonprofit · EIN 35-2187477
INDIANA MASONIC HOME INC
Tax-exempt · FRANKLIN, IN 46131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $16,603,151 | $11,510,809 | $5,092,342 | $117,839,678 | $35,576,897 | $82,262,781 |
| December 31, 2023 | 990 | $15,781,110 | $10,971,630 | $4,809,480 | $113,016,503 | $35,144,454 | $77,872,049 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,002,235
- Membership dues
- $410,588
- Program service revenue
- $11,355,609
- Investment income
- $856,397
- Net gain from sales of assets
- $316,754
- Net income from fundraising events
- -$16,623
- Other revenue
- $388,910
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $417,752
- Other salaries and wages
- $2,410,345
- Salaries, compensation and benefits (total)
- $6,172,668
- Professional fundraising fees
- $0
- Legal fees
- $39,539
- Accounting fees
- $95,675
- Occupancy
- $766,026
- Travel
- $52,901
- Depreciation
- $130,357
- Program services (functional)
- $7,789,861
- Management and general (functional)
- $3,720,948
Balance sheet and other
- Total assets, start of year
- $113,016,503
- Total assets, end of year
- $117,839,678
- Total liabilities, end of year
- $35,576,897
- Net assets, end of year
- $82,262,781
- Land, buildings and equipment
- $857,021
- Publicly traded securities
- $11,394,898
- Net assets without donor restrictions
- -$12,410,762
- Net assets with donor restrictions
- $94,673,543
- Gross unrelated business income
- $210,608
- Gross receipts
- $25,933,949
- Employees
- 434
- Volunteers
- 40
- Year formed
- 2003
- State of legal domicile
- IN
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MIKE SPENCER | CEO Officer | 40 | $244,486 | $0 | $27,089 |
| WILLIAM PIERCE | ADMINISTRATOR Highest-paid employee | 40 | $181,038 | $0 | $20,705 |
| MARISSA MEAHL | DIRECTOR OF NURSING Highest-paid employee | 40 | $157,832 | $0 | $1,421 |
| RICHARD J ELMAN | GRAND SECRETARY Trustee or director, Officer | 1 | $0 | $113,713 | $41,474 |
| MARDENA MCGLACKEN | CFO Officer | 40 | $135,032 | $0 | $11,145 |
| SARAH BRUNER | REGISTERED NURSE Highest-paid employee | 40 | $128,432 | $0 | $10,378 |
| JENNIFER STEPHENS | REGISTERED NURSE Highest-paid employee | 40 | $117,798 | $0 | $18,791 |
| CANDACE MCKINNIE | HOME HEALTH ADMINISTRATOR Highest-paid employee | 40 | $119,863 | $0 | $16,528 |
| CHAD DAVIS | DIRECTOR OF BUSINESS DEVELOPMENT Highest-paid employee | 40 | $100,731 | $0 | $29,021 |
| SHELLY BROWN | NURSE CASE MANAGER Highest-paid employee | 40 | $122,470 | $0 | $6,787 |
| KAREN HARRIS | LPN FOR ALABAMA & INDIANA Highest-paid employee | 40 | $100,991 | $0 | $18,508 |
| JENNIFER BAKER | HOME HEALTH DIRECTOR OF NURSING Highest-paid employee | 40 | $107,720 | $0 | $8,937 |
| GURMEET KAUR | RN FOR SKILLED NURSING Highest-paid employee | 40 | $101,179 | $0 | $10,520 |
| RONALD L BUSKIRK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD L LENTZ | VICE PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON R REYNOLDS II | TREASURER Trustee or director, Officer | 1 | $0 |
| ANDY HUGHES | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN BATES | BOARD MEMBER Trustee or director | 1 | $0 |
| RANDOLPH SEIPEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE BIRD | BOARD MEMBER Trustee or director | 1 | $0 |
| JERRY B MAPLE | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVEN A BATES | BOARD MEMBER Trustee or director | 1 | $0 |
| CLINTON NALLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVEN DOUGLAS | BOARD MEMBER Trustee or director | 1 | $0 |
| KENNETH CROOKS | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID MORGAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GERALD YACKLE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN BRIDGEGROOM | BOARD MEMBER Trustee or director | 1 | $0 |
| CONSTANCE BRANIGAN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MIKE SPENCER | CEO Officer | 40 | $230,198 | $0 | $19,140 |
| WILLIAM PIERCE | ADMINISTRATOR Highest-paid employee | 40 | $172,990 | $0 | $19,944 |
| SARAH BRUNER | REGISTERED NURSE Highest-paid employee | 40 | $172,919 | $0 | $11,982 |
| MARISSA MEAHL | DIRECTOR OF NURSHING Highest-paid employee | 40 | $145,947 | $0 | $685 |
| RICHARD J ELMAN | GRAND SECRETARY Trustee or director, Officer | 1 | $0 | $110,669 | $33,086 |
| MARDENA MCGLACKEN | CFO Officer | 40 | $124,974 | $0 | $10,995 |
| JENNIFER STEPHENS | REGISTERED NURSE Highest-paid employee | 40 | $115,865 | $0 | $13,588 |
| BETHANY GALLION | HUMAN RESOURCE DIRECTOR Highest-paid employee | 40 | $113,501 | $0 | $14,899 |
| ERIC J VERMEULEN | BOARD MEMBER Trustee or director | 1 | $0 | $91,471 | $0 |
| GARY W BRINLEY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CONSTANCE BRANIGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RONALD L BUSKIRK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD L LENTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANDY HUGHES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN BATES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CARL E CULMANN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL H DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DON R REYNOLDS II | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JERRY B MAPLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN A BATES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM STRANTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN DOUGLAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH CROOKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| NATHAN BILLS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID MORGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 690 S STATE ST, FRANKLIN, IN 46131-2553
- In care of
- % CFO
- Principal officer (990 for 2024)
- MIKE SPENCER, 690 STATE STREET, FRANKLIN, IN 46131
- Signed the 990
- MIKE SPENCER, CEO
- Phone
- (317) 736-6141
- Website
- WWW.COMPASSPARK.ORG
- Return prepared by
- KSM BUSINESS SERVICES INC
Mission
TO SERVE THE CHARITABLE PURPOSE OF OPERATING THE CONTINUING CARE RETIREMENT COMMUNITY KNOWN AS THE INDIANA MASONIC HOME IN FRANKLIN, INDIANA.
Program accomplishments
- PROVIDE CARE FOR THE AGED: THE HOME PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RETIREMENT FACILITY CONTAINING INDEPENDENT LIVING HOMES AND APARTMENTS, ASSISTED LIVING APARTMENTS, AND A HEALTH CARE FACILITY LOCATED IN FRANKLIN, INDIANA.Expenses $7,789,861 · revenue $11,355,609
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2187477
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $117,839,678
- Income (IRS master file)
- $25,933,949
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $16,603,151 | $11,510,809 | $117,839,678 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $15,781,110 | $10,971,630 | $113,016,503 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $14,415,364 | $10,708,732 | $101,048,272 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | 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 35-2187477).
Questions about INDIANA MASONIC HOME INC
- What is the EIN of INDIANA MASONIC HOME INC?
- The employer identification number (EIN) of INDIANA MASONIC HOME INC is 35-2187477.
- Is INDIANA MASONIC HOME INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to INDIANA MASONIC HOME INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANA MASONIC HOME INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDIANA MASONIC HOME INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIANA MASONIC HOME INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INDIANA MASONIC HOME INC?
- The 990 for the year ended December 31, 2024 names MIKE SPENCER.
- Who are the officers and directors of INDIANA MASONIC HOME INC?
- The 990 for the year ended December 31, 2024 lists 29 people; 12 received compensation from the organization, the highest $244,486 (MIKE SPENCER, CEO).
- How much revenue does INDIANA MASONIC HOME INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $16,603,151, expenses of $11,510,809 and total assets of $117,839,678 at year end.
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