| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 1 | This organization is a fraternal organization that supports masonic work and charities. It also provides local scholarships to needy students in our community. |
| Form 990, Part IV, Line 10 | The organization has assets in a permanent endowment fund that is controlled by the Grand Lodge of Texas and annually if the fund is profitable an amount is paid each lodge that has purchased said endowment. These funds generated are used for maintenance of building and organizational goals. |
| Form 990, Part IV, Line 11a | Current values for land and building for Cosmopolitan Lodge #872 were taken from The Jefferson County tax rolls and reflect fair market value. |
| Form 990, Part VI, Section A, Line 6 | The organization has members and does not have stockholders. |
| Form 990, Part VI, Section A, Line 7a | The membership elects its governing body each year in June |
| Form 990, Part VI, Section A, Line 7b | The members vote and approve all governance decisions of the organization reserved to (or subject to approval by) members. |
| Form 990, Part VI, Section B, Line 11b | The principal officers of the lodge review the form 990 before it is filed. A copy of the form filed with the auditing committee which reviews it and reports content to general membership at a regular stated meeting. |
| Form 990, Part VI, Section B, Line 13 | The organization has assets in a permanent endowment fund that is controlled by the Grand Lodge of Texas and annually if the fund is profitable an amount is paid each lodge that has purchased said endowment. The principal officers of the lodge review the form 990 before it is filed. A copy of the form 990 is filed with the auditing committee which reviews it and reports the lodge review the form 990 before it is filed. A copy of the form 990 is filed with the auditing committee which reviews it and reports its content to general membership at a regular stated meeting and a copy is available in the Secretary's office for any person to view. There is no official process used by the organization to review the form 990 with the governing body of Cosmopolitan Lodge #872 but it has been the custom of the organization that the officers of Cosmopolitan Lodge #872 meet with the District Deputy Grand Master of The Grand Lodge of Texas for an open review and he reports the same to the Grand Lodge of Texas. |
| Form 990, Part VI, Section C, Line 18 | All governing documents, conflict of interest policies, and financial statements are held in the Cosmopolitan Lodge office of the Treasurer and Secretary. Then Secretary will make any document that may fall under this area of concern available to any qualified person or member making this request. A copy of the most recent Grand Lodge form 71 and IRS form 990 is posted on the bulletin board in the Secretary's office for any person to review. |
| Form 990, Part VI, Section C, Line 19 | All governing documents, conflict of interest policies, and financial statements are held in the Cosmopolitan Lodge office of the Treasurer and Secretary. Then Secretary will make any document that may fall under this area of concernavailable to any qualified person or member making this request. A copy of the most recent Grand Lodge form 71 and IRS form 990 is posted on the bulletin board in the Secretary's office for any person to review. |
| Form 990, Part X, Line 25 | Two awarded scholarships of $1250 each have not been claimed |
| Form 990, Part XII, Line 1 | Cosmopolitan Lodge #872 maintains its books of finances using the cash receipts and disbursement method of accounting. |
| Software ID: | 24021167 |
| Software Version: | v1.00 |