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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Indiana Masonic Home Foundation Inc.

Indiana Masonic Home Foundation Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

525 N Illinois St PO Box 44210
Indianapolis, Indiana 46244

Indiana Masonic Home Foundation Inc. (EIN: 35-1091997) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Indiana Masonic Home Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 5 total employees. Among the employees shown here, the average compensation is $127,719. The highest compensated employee at Indiana Masonic Home Foundation Inc. is Richard J Elman with fiscal year 2024 compensation of $155,187.

Revenue, expenses, and employee compensation

Revenue

$7,377,681

Expenses

$4,623,759

Employee compensation

$423,450
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard J Elman
Board Member
$155,187
$0 $113,713 $41,474
Eric J Vermeulen
Executive Director
$100,250
$95,456 No related comp$4,794

Benchmark Employee Compensation

Non-Employee Board Members

Alex L Rogers
Board Member
Charles F Marlowe
Board Member
Daniel J Riley
Treasurer
Donna M Clutter
Secretary
Gregory N Jordan
Vice President
James L Chesney
Board Member
Jeffery P Zaring
President
Joel R Harbaugh
Board Member
Robert D Heuchan
Board Member
Ronald L Buskirk
Board Member

Contractors

The Promus Wealth Management Group
Trust Management
$229,367

Mission Statement

TO SUPPORT THE INDIANA MASONIC HOME BY HOLDING IN TRUST UNDESIGNATED ENDOWMENT FUNDS GIVEN FOR THE BENEFIT OF THE HOME, AND TO MANAGE THESE FUNDS TO ACHIEVE MAXIMUM RETURNS CONSISTENT WITH PRUDENT INVESTMENT PRACTICES.

Revisions to this organization profile

November 13, 2025:
2024 Indiana Masonic Home Foundation Inc. 990 filed
November 13, 2024:
2023 Indiana Masonic Home Foundation Inc. 990 filed
November 14, 2023:
2022 Indiana Masonic Home Foundation Inc. 990 filed

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