2024-02-27T15:40:37-06:00 2023-04-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2022-05-01 350146560 AASR OF FREEMASONRY NMJ VALLEY OF INDPLS LODGE OF PERFECTION AASR 3172623100 650 N MERIDIAN ST INDIANAPOLIS IN 46204 THOMAS A FALLIS EXECUTIVE DIRECTOR 3172623111 2024-02-23 1 THOMAS FALLIS 999009999 0 SCOTT A SCHUSTER P00019243 3175802000 2024-02-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS A FALLIS 650 N MERIDIAN ST INDIANAPOLIS IN 46204 2941160 0 X HTTP://WWW.AASR-INDY.ORG X 1863 IN FRATERNAL ORGANIZATION PROVIDING ACTIVITIES AND PROGRAMS TO ENCOURAGE MEMBERS TO SERVE THEIR COMMUNITIES, DEMONSTRATE THEIR REVERENCE FOR GOD AND TO PROVIDE INSPIRATIONAL PROGRAMS FOR MEMBERS. 11 10 23 30 185528 0 603774 220527 713928 613807 297485 28377 632864 669652 2248051 1532363 0 0 0 0 302052 361425 0 0 0 1790826 1991613 2092878 2353038 155173 -820675 14650448 13880480 1096143 1133850 13554305 12746630 FRATERNAL ORGANIZATION PROVIDING ACTIVITIES AND PROGRAMS TO ENCOURAGE MEMBERS TO SERVE THEIR COMMMUNITIES, DEMONSTRATE THEIR REVERENCE FOR GOD AND TO PROVIDE INSPIRATIONAL PROGRAMS FOR MEMBERS. 0 0 HOSTING OF FRATERNAL EVENTS FOR MEMBERS DESIGNED TO REINFORCE THE EXEMPT PURPOSES OF THE ORGANIZATION AND INSPIRE MEMBERS TO SUPPORT THE EDUCATIONAL,RELIGIOUS AND FRATERNAL GOALS. OPERATING A MEMBERSHIP DEVELOPMENT AND RETENTION PROGRAM THROUGH A SERIES OF LOCAL AND CENTRALIZED PROGRAMS TO REINFORCE THE MISSION OF THE ORGANIZATION AND BENEFITS OF MEMBERSHIP TO INSPIRE MEMBERS TO RENEW THEIR MEMBERSHIP AND OTHERS TO JOIN. HOST MEMBER REUNIONS AND CEREMONIES TO RENEW COMMITMENT TO THE ORGANIZATION AND BRING NEW MEMBERS INTO THE ORGANIZATION. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 23 1 1 1 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 0 IN X THOMAS A FALLIS 3172623111 650 N MERIDIAN INDIANAPOLIS IN 46204 THOMAS A FALLIS EXECUTIVE DIRECTOR, SECRETARY 35.00 5.00 X X 58093 0 0 ROBERT D HEUCHAN CHAIR 5.00 1.00 X X 0 0 0 JAMES C STRAUSS VICE CHAIR 5.00 X X 0 0 0 DON R REYNOLDS TREASURER 3.00 1.00 X X 0 0 0 JARRETT B HILL BOARD MEMBER 3.00 X 0 0 0 WILLIAM J LUDLOW BOARD MEMBER 3.00 X 0 0 0 MATTHEW A BRYANT BOARD MEMBER 5.00 X 0 0 0 DAVID A CLAYTON BOARD MEMBER 3.00 1.00 X 0 0 0 ROBERT G SPEARS BOARD MEMBER 3.00 1.00 X 0 0 0 JASON R GRETH BOARD MEMBER 3.00 X 0 0 0 STEVEN J SONAFRANK BOARD MEMBER 3.00 1.00 X 0 0 0 58093 0 0 0 0 0 0 0 195215 25312 220527 220527 MEMBERSHIP DUES 813410 613807 613807 613807 58453 58453 353711 0 353711 353711 353711 1378721 1408797 -30076 -30076 -30076 PARKING LOT INCOME 812930 185528 185528 FOOD SERVICE FEES 722514 125140 125140 5273 5273 315941 1532363 0 185528 1126308 85034 169600 3328 62694 40769 37760 19834 122954 539852 72431 747 360914 185069 BUILDING SUPPLIES & SER 383821 DUES & FEES 179041 OTHER FRATERNAL EXPENSE 35848 REPAIRS & MAINTENANCE 27995 25347 2353038 145557 66632 16145 5433 16850 16300 13525 0 19837633 9920241 10079909 9917392 4329856 3818938 48606 55785 14650448 13880480 70706 101611 834285 883808 186500 144000 4652 4431 1096143 1133850 X 13554305 12746630 13554305 12746630 14650448 13880480 -820675 13000 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 434533 434533 2494731 1898454 596277 15137409 6372495 8764914 1553816 1490226 63590 217144 159066 58078 9917392 CASH HELD FOR CLUBS 4431 4431 X 1545363 13000 13000 1532363 0 1532363 2353038 0 2353038 0 2353038 PART X, LINE 2: THE VALLEY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(10) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE, INCLUDING INCOME GENERATED FROM A PARKING LOT, ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THERE WAS NO INCOME TAX EXPENSE ON UNRELATED BUSINESS INCOME FOR THE YEARS ENDED APRIL 30, 2023 AND 2022. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION FILES U.S. FEDERAL AND STATE OF INDIANA INFORMATION TAX RETURNS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS BEFORE 2020. MANAGEMENT BELIEVES THAT THE ORGANIZATION'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. X BUILDING IMPROVEMENTS 1 195215 FMV X MEALS 1 25312 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD ARE MEMBERS BY VIRTUE OF THEIR OFFICE HELD AND ALL SCOTTISH RITE MEMBERS ELECT THOSE INDIVIDUALS TO THOSE OFFICES. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE MEMBERS VOTE ON CHANGES TO BYLAWS AND AMENDMENTS. THE MEMBERSHIP MUST ALSO APPROVE ANY INCREASE IN DUES OR FEES BEYOND THE CURRENT RATE PLUS CPI INFLATION. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE FORM 990 BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BOARD CHAIRMAN REVIEWS ANNUAL STATEMENTS OF CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE APPOINTS A COMPENSATION COMMITTEE WHO REGULARLY SURVEYS SIMILAR ORGANIZATIONS AND COMPARES COMPENSATION OF CHIEF EXECUTIVES. FINAL ESTABLISHMENT OF EXECUTIVE SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE UPON RECOMMENDATION OF THE COMPENSATION COMMITTEE. OTHER KEY EMPLOYEE SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR AND REVIEWED AS PART OF THE BUDGET APPROVAL PROCESS BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AT THE CORPORATE OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTION AND OVERSIGHT OF AUDITORS HAS NOT CHANGED FROM PRIOR YEAR. INDIANAPOLIS SCOTTISH RITE CATHEDRAL FOUNDATION 650 N MERIDIAN ST INDIANAPOLIS IN 46204 311109456 PROVIDE FUNDS FOR MAJOR RENOVATION TO THE SCOTTISH RITE CATHEDRAL IN 501(C)(3) LINE 7 AASR OF FREEMASONRY NMJ VALLEY OF INDIANAPOLIS LODGE OF PERFECTION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INDIANAPOLIS SCOTTISH RITE CATHEDRAL FOUNDATION C 195215 FAIR MARKET VALUE