2025-03-11T21:34:47-05:00 2024-04-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2023-05-01 350146560 AASR OF FREEMASONRY NMJ VALLEY OF INDPLS LODGE OF PERFECTION AASR 3172623100 650 N MERIDIAN INDIANAPOLIS IN 46204 THOMAS A FALLIS EXECUTIVE DIRECTOR 3172623111 2025-02-28 1 1 CASSE TATE P01271193 3175802000 2025-02-28 2023 2025-03-06 01:10:19Z THOMAS A FALLIS 650 N MERIDIAN INDIANAPOLIS IN 46204 3031794 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 20 80 213691 0 220527 223399 613807 593641 28377 242956 669652 883547 1532363 1943543 0 0 0 0 361425 454616 0 0 0 1991613 2086910 2353038 2541526 -820675 -597983 13880480 13369740 1133850 1110900 12746630 12258840 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 THE ORGANIZATION HOSTS FRATERNAL EVENTS FOR MEMBERS DESIGNED TO REINFORCE THE EXEMPT PURPOSES OF THE ORGANIZATION AND INSPIRE MEMBERS TO SUPPORT THE EDUCATIONAL, RELIGIOUS AND FRATERNAL GOALS. THE ORGANIZATION'S MEMBERSHIP DEVELOPMENT AND RETENTION PROGRAM USES A SERIES OF LOCAL AND CENTRALIZED PROGRAMS TO RAISE AWARENESSS ITS MISSION AND BENEFITS OF MEMBERSHIP. THE ORGANIZATIONS HOLDS REUNIONS AND CEREMONIES TO RENEW COMMITMENT OF EXISTING MEMBERS 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 20 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 36.00 4.00 X X 97402 0 981 JAMES C STRAUSS CHAIR 5.00 X X 0 0 0 BRANDON S ARMACOST VICE CHAIR 5.00 X X 0 0 0 DON R REYNOLDS TREASURER 3.00 1.00 X X 0 0 0 MATHEW A BRYANT BOARD MEMBER 3.00 X 0 0 0 JARRETT B HILL BOARD MEMBER 3.00 X 0 0 0 JOHN R SOHN BOARD MEMBER 5.00 X 0 0 0 DAVID A CLAYTON BOARD MEMBER 3.00 4.00 X 0 0 0 ROBERT G SPEARS BOARD MEMBER 3.00 1.00 X 0 0 0 STEVEN J SONAFRANK BOARD MEMBER 3.00 1.00 X 0 0 0 ROBERT D HEUCHAN BOARD MEMBER 3.00 1.00 X 0 0 0 97402 0 981 0 0 0 0 0 134482 88917 223399 223399 MEMBERSHIP DUES 813410 593641 593641 593641 57657 57657 419392 0 419392 419392 419392 1273550 1088251 185299 185299 185299 PARKING LOT INCOME 812930 213691 213691 FOOD SERVICE FEES 722514 132460 132460 118004 118004 464155 1943543 0 213691 1506453 103628 160462 7207 140071 43248 275 42235 18051 180454 554135 80734 11499 303475 274546 BUILDING SUPPLIES & SER 359312 DUES & FEES 146147 OTHER FRATERNAL EXPENSE 63521 REPAIRS & MAINTENANCE 31503 21023 2541526 66632 142414 5433 48151 16300 15760 19979917 10223716 9917392 9756201 3818938 3340971 55785 66243 13880480 13369740 101611 107761 883808 854777 144000 144000 4431 4362 1133850 1110900 X 12746630 12258840 12746630 12258840 13880480 13369740 -597983 90193 20000 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 434533 434533 2494731 1898454 596277 15279693 6654743 8624950 1553816 1511453 42363 217144 159066 58078 9756201 CASH HELD FOR CLUBS 4362 4362 X 2053736 90193 20000 110193 1943543 0 1943543 2541526 0 2541526 0 2541526 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, 2024 AND 2023. 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 2021. 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 134482 FMV X MEALS 1 88917 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A ALL SCOTTISH RITE MEMBERS CAN PARTICIPATE IN ELECTING THE BOARD. 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 1 0 0 0 INDIANAPOLIS SCOTTISH RITE CATHEDRAL FOUNDATION C 134482 FAIR MARKET VALUE