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Nonprofit · EIN 03-0123345

FREE & ACCEPTED MASONS OF VERMONT

Also known as GRAND LODGE OF VERMONT

Tax-exempt · BARRE, VT 05641

Financials

$353K$192K2023$1.2M$236K2024
Revenue Expenses · by fiscal year end
Financials of FREE & ACCEPTED MASONS OF VERMONT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,227,889$235,867$992,022$11,417,916$32,739$11,385,177
December 31, 2023990$352,780$191,509$161,271$10,265,012$32,918$10,232,094
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$128,224
Membership dues
$117,644
Program service revenue
$450
Investment income
$1,099,215
Net gain from sales of assets
$485,421
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$18,200
Other salaries and wages
$38,662
Salaries, compensation and benefits (total)
$61,524
Professional fundraising fees
$0
Accounting fees
$8,660
Depreciation
$368

Balance sheet and other

Total assets, start of year
$10,265,012
Total assets, end of year
$11,417,916
Total liabilities, end of year
$32,739
Net assets, end of year
$11,385,177
Land, buildings and equipment
$9,583
Net assets without donor restrictions
$11,385,177
Gross receipts
$3,622,039
Employees
2
Volunteers
100
Year formed
1794
State of legal domicile
VT

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
EARL WASHBURNGRAND SECRETARY
Officer
25$18,200
PAUL MOSHERGRAND MASTER
Officer
1$0
STUART CORSOGRAND TREASURER
Officer
1$0
WILLIAM KARSTENSDEPUTY GRAND MA
Officer
1$0
KIRK WHITEGRAND SR WARDEN
Officer
1$0
BRIAN LOCKEGRAND JR MASTER
Officer
1$0
RUSSELL SLORADirector
Officer
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
EARL WASHBURNGRAND SECRETARY
Officer
25$15,000
PAUL MOSHERGRAND MASTER
Officer
1$0
STUART CORSOGRAND TREASURER
Officer
1$0
WILLIAM KARSTENSDEPUTY GRAND MA
Officer
1$0
KIRK WHITEGRAND SR WARDEN
Officer
1$0
THEODORE MICHELChairman
Officer
0$0
BRIAN LOCKEGRAND JR MASTER
Officer
1$0
ANDREW DELANEYChairman
Officer
0$0

Address and contacts

Address (IRS master file)
49 EAST RD, BARRE, VT 05641-5390
Mailing address (990-N for 2025)
15 School St, Sharon VT 05065
Principal officer (990 for 2024)
STUART CORSO, 49 EAST ROAD, BARRE, VT 05641
Principal officer (990-N for 2025)
Ken Wright, 1298 Fay Brook Rd, Sharon VT 05065
Signed the 990
STUART CORSO, GRAND TREASURER
Phone
(802) 223-1883
Return prepared by
McCormack Guyette & Associates PC

Mission

FREE & ACCEPTED MASONS OF VERMONT IS A DOMESTIC FRATERNAL SOCIETY OPERATING UNDER THE LODGE SYSTEM. DUES & ASSESSMENTS FROM MEMBERS SUPPORT THE CHARITABLE, EDUCATIONAL, AND FRATERNAL PURPOSES OF THE ORGANIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • INTEREST AND DIVIDENDS FROM INVESTMENTS ARE USED TO SUPPORT THE OPERATING COSTS OF THE STATE BROTHERHOOD
    revenue $613,794

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

IRS record

EIN
03-0123345
Tax-exempt status
501(c)(10): Domestic fraternal society
Donations deductible (Pub 78)
Organization other than a public charity or private foundation; Group exemption; Fraternal lodge, deductible only for charitable purposes
Exempt since
1940
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
0147 (61 member organizations)
Assets (IRS master file)
$11,417,916
Income (IRS master file)
$3,622,039

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Ken Wright
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2024$1,227,889$235,867$11,417,916IRS
990December 2023$352,780$191,509$10,265,012XML
990April 2023$447,376$221,692$9,584,654IRS
990April 2022–––IRS
990April 2021–––IRS
990-EZApril 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS
990April 2018–––IRS
990-N for 2016
Officer: Christopher Murphy
April 30, 2017≤ $50,000 receipts––e-Postcard

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 03-0123345).

Questions about FREE & ACCEPTED MASONS OF VERMONT

What is the EIN of FREE & ACCEPTED MASONS OF VERMONT?
The employer identification number (EIN) of FREE & ACCEPTED MASONS OF VERMONT is 03-0123345.
Is FREE & ACCEPTED MASONS OF VERMONT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(10) since 1940.
Are donations to FREE & ACCEPTED MASONS OF VERMONT tax-deductible?
Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation; Group exemption; Fraternal lodge, deductible only for charitable purposes).
Which annual return does FREE & ACCEPTED MASONS OF VERMONT 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 FREE & ACCEPTED MASONS OF VERMONT 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 FREE & ACCEPTED MASONS OF VERMONT 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 FREE & ACCEPTED MASONS OF VERMONT?
The 990 for the year ended December 31, 2024 names STUART CORSO.
Who are the officers and directors of FREE & ACCEPTED MASONS OF VERMONT?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $18,200 (EARL WASHBURN, GRAND SECRETARY).
How much revenue does FREE & ACCEPTED MASONS OF VERMONT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,227,889, expenses of $235,867 and total assets of $11,417,916 at year end.

Organizations in its group exemption (61)

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