Masonic Homes Kentucky
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Masonic Homes Kentucky meets the 20 Standards for Charity Accountability.
Stated Purpose:
Passionate People, Inspiring Lives. Masonic Homes Kentucky is a purpose driven organization with a culture of giving that positively impacts its residents, team members, and the greater community. The nonprofit provides adults and families with peace of mind by offering the highest quality continuum of care and lifestyle options within an active engaged community environment. It is Masonic Homes Kentucky’s mission to steward relationships and investments in innovative programs to improve the lives of everyone it serves from age 6 weeks old to over 100.
Year, State Incorporated:
1867, KY
Also Known As:
Masonic Homes of Kentucky
Masonic Homes Kentucky provides and maintains a home for widows and orphans of deceased Masons of Kentucky and provides skilled nursing medical care. It provides and maintains affordable pediatric day care for medically fragile and traditional children in an inclusive environment. Masonic Homes Kentucky charitable care is provided regardless of affiliation and is needs-based and ongoing.
Recipients of charitable care are provided with quality housing, personal care, general living necessities, medical needs, wheel chairs, glasses, dental care, transportation, meals, clothing, and more. In 2012, Masonic Homes Kentucky established Sproutlings Pediatric Daycare & Preschool and it is the only Prescribed Pediatric Extended Care (PPEC) center in the region that fully integrates every child, every day. Sproutlings provides a groundbreaking approach to caring for medically fragile kids and supporting parents. It is a happy space with services and resources that meet the needs of those children who require continuous therapeutic or skilled nursing supervision or typical children needing traditional day care and preschool. It uses a fully inclusive approach so every child can learn, play, heal, and grow with one another. Sproutlings serves children ages 6 weeks old to 6 years old and currently has 130 children enrolled.
For the year ended December 31, 2024, Masonic Homes Kentucky's program expenses were:
| Healthcare Services | $42,187,547 |
| Total Program Expenses | $42,187,547 |
Chief Executive
J Scott Judy, Chief Executive Officer
Chair of the Board
Mr. F. Keith Dreier
Chair's Profession / Business Affiliation
Retired, Chiquita Brands Inc.
Board Size
21
Paid Staff Size
426
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Masonic Homes Kentucky's audited financial statements - combined for the year ended December 31, 2024.
Source of Funds
| Resident Services: Other room and board income, net | $38,023,058 |
| Resident Services: Medicare and Medicaid, net | $16,026,976 |
| Realized and unrealized gain on investments | $2,256,413 |
| Investment income, net | $1,242,373 |
| Other contributions | $775,015 |
| Bequests | $588,598 |
| Change in fair value of interest rate swap agreement | $537,914 |
| Rental revenue | $511,067 |
| Miscellaneous income | $385,375 |
| Change in fair value on investments held for others | $9,770 |
| Change in fair value of beneficial interests | $1,532 |
| Total Income | $60,358,091 |
Programs: 61% Fundraising: 1% Administrative: 38%
| Total Income | $60,358,091 |
| Total expenses: | $69,422,244 |
| Program expenses | $42,187,547 |
| Fundraising expenses | $769,202 |
| Administrative expenses | $26,465,495 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-9,064,153 |
| Beginning Net Assets | $-45,002,416 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $-54,066,569 |
| Total Liabilities | $263,181,648 |
| Total Assets | $209,115,079 |
Ending net assets as reported above include $-54,602,525 without donor restrictions and $535,956 with donor restrictions.
Total assets as reported above include $157,532,407 in property and equipment, net.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Report completed by:
BBB serving Greater Kentucky and South Central Indiana