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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 Housing & Shelter Indiana Masonic Home Inc.

Indiana Masonic Home Inc.

Fiscal year ending 2023. Filed on October 31, 2024.

690 State Street
Franklin, Indiana 46131

Indiana Masonic Home Inc. (EIN: 35-2187477), also known as Compass Park, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Indiana Masonic Home Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 407 total employees. Among the employees shown here, the average compensation is $166,804. The highest compensated employee at Indiana Masonic Home Inc. is Mike Spencer with fiscal year 2023 compensation of $249,338.

Revenue, expenses, and employee compensation

Revenue

$15,781,110

Expenses

$10,971,630

Employee compensation

$5,432,065
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Spencer
Chief Executive Officer
$249,338
$230,198 No related comp$19,140
William Pierce
Administrator
$192,934
$172,990 No related comp$19,944
Sarah Bruner
Registered Nurse
$184,901
$172,919 No related comp$11,982
Marissa Meahl
Director of Nurshing
$146,632
$145,947 No related comp$685
Mardena McGlacken
Chief Financial Officer
$135,969
$124,974 No related comp$10,995
Jennifer Stephens
Registered Nurse
$129,453
$115,865 No related comp$13,588
Bethany Gallion
Human Resources Director
$128,400
$113,501 No related comp$14,899

Benchmark Employee Compensation

Non-Employee Board Members

Richard J Elman
Grand Secretary
$143,755
$0 $110,669 $33,086
Eric J Vermeulen
Board Member
$91,471
$0 $91,471 No other comp
Don R Reynolds II
Treasurer
No compensation reported
Steven Douglas
Board Member
No compensation reported
Jerry B Maple
Board Member
No compensation reported
Brian Bates
Board Member
No compensation reported
William Stranton
Board Member
No compensation reported
Andy Hughes
Board Member
No compensation reported
David Morgan
Board Member
No compensation reported
Ronald L Buskirk
Vice President
No compensation reported
Michael H Davis
Board Member
No compensation reported
Kenneth Crooks
Board Member
No compensation reported

Contractors

Gordon Food Service Inc.
Food
$491,388
Mcgowan Insurance Group Inc.
Insurance Brokerage
$365,373
Hts IN X Inc.
Therapy
$340,955
Sentrics
Information Technology
$154,523
Roundstone Management Ltd.
Benefits Advisor
$118,461

Mission Statement

TO SERVE THE CHARITABLE PURPOSE OF OPERATING THE CONTINUING CARE RETIREMENT COMMUNITY KNOWN AS THE INDIANA MASONIC HOME IN FRANKLIN, INDIANA.

Revisions to this organization profile

November 7, 2025:
2024 Indiana Masonic Home Inc. 990 filed
October 31, 2024:
2023 Indiana Masonic Home Inc. 990 filed
October 19, 2023:
2022 Indiana Masonic Home Inc. 990 filed

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Other organizations also named Indiana Masonic Home

Indiana Masonic Home Foundation Inc.
Indianapolis, Indiana