Masonic Homes of Kentucky
Masonic Homes of Kentucky reported $42.7 million in revenue and $52.2 million in expenses for calendar year 2024. Of every $100 it spent, $72.63 went to program services, $26.26 to management and general costs and $1.11 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.0% of the total. The highest compensation it reported for one person was $504,302 (PRESIDENT). 34 people received more than $100,000 in reportable compensation. Revenue rose 12% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $52MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $43MInvestment income was negative: −$48,101. The bar shows the positive sources only.
Other revenue was negative: −$104K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 72.6% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 26.3% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.1% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.41 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.3% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.0% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $504,302 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.97% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 34 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.0 | 6.9 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHealth care services: complete health care of residents of the home. This includes three levels of care: personal care, nursing care, and skilled care. The staff consists of a team of registered nurses, licensed practical nurses, nurse assistants, medical aides, and medical records personnel. Mobile health care consists of three levels of care: personal care, nursing home, and facility. Residents are transported to outside medical facilities as needed
Resident and operating services: the social services department includes a director or social services assistant director, social services buyer, receptionist, beautician, and seamstress. These positions provide services related to admissions, adjustments to daily routines, counseling services for both residents and their family, and the purchase of clothing
Dietary services: prepares and serves meals to approximately 220 residents daily. Meals are prepared according to the physician's diet order. Staff include a dietary director, registered dietician, production managers, supervisors, cooks, stock clerk, office worker, and dietary aides. An average of 140 employee meals are prepared daily
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 32.00 hrs/week | $472,966 | $0 | $31,336 | $504,302 |
| CEO Officer, 32.00 hrs/week | $472,977 | $0 | $18,775 | $491,752 |
| SR VP THERAPY SERVICES Highest compensated employee, 40.00 hrs/week | $186,392 | $0 | $25,070 | $211,462 |
| SR VP ACCOUNTING Highest compensated employee, 40.00 hrs/week | $194,575 | $0 | $11,511 | $206,086 |
| SR VP RISK MANAGEMENT Highest compensated employee, 40.00 hrs/week | $202,998 | $0 | $505 | $203,503 |
| ADMINISTRATOR - LOUISVILLE Highest compensated employee, 40.00 hrs/week | $182,966 | $0 | $15,389 | $198,355 |
| SR VP HR Highest compensated employee, 40.00 hrs/week | $178,429 | $0 | $18,022 | $196,451 |
34 people received more than $100,000 in reportable compensation from Masonic Homes of Kentucky (Part VII, line 2). Compensation of current officers, directors and key employees totaled $996K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5811
- Volunteers Part I, line 622
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ACCURATE HEALTHCARE PROFESSIONALS Staffing agency | $686,241 |
| SHIFTKEY LLC Staffing agency | $336,768 |
| INCIPIO WORKFORCE SOLUTIONS Recruiting services | $283,239 |
| AMS TEMPORARIES Staffing agency | $173,476 |
| NURSESTAT LLC Staffing agency | $108,121 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Masonic Homes of Kentucky totaling $55,321 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Masonic Homes of Kentucky's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Masonic Homes of Kentucky, you can publish a response that is linked from this page.
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Of every $100 Masonic Homes of Kentucky spent in 2024, $72.63 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Central Oklahoma United Methodist Retirement FacilityOklahoma City, OK · revenue $43M · programs 75.7% · 2024
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- Brazos Presbyterian HomesHouston, TX · revenue $43M · programs 81.0% · 2024
- Barium Springs Home for ChildrenStatesville, NC · revenue $43M · programs 86.6% · FY2025
- Hospice BuffaloCheektowaga, NY · revenue $43M · programs 86.1% · 2025
All human services charities · Largest charities in Kentucky
Questions people ask
How much of Masonic Homes of Kentucky's spending goes to programs?
In calendar year 2024, Masonic Homes of Kentucky reported that 72.6% of its $52.2 million in expenses went to program services, 26.3% to management and general and 1.1% to fundraising (Form 990, Part IX).
How much does Masonic Homes of Kentucky pay its top executive?
The largest total compensation Masonic Homes of Kentucky reported for one person in calendar year 2024 was $504,302, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Masonic Homes of Kentucky get its money?
Of $42.7 million in revenue in calendar year 2024, 3.3% came from contributions and grants and 97.0% from program service revenue (Form 990, Part VIII).
Is Masonic Homes of Kentucky a registered charity?
The IRS lists EIN 61-0458374 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523189349310152 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349301525 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343129349303369 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243149349304169 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133159349305353 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033169349303898 · read the filing
All filings for EIN 61-0458374: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.