Public Charity

MASONRY INDUSTRY EQUALITY FUND

Based in CHARLESTOWN, MA, MASONRY INDUSTRY EQUALITY FUND operates as a Public Charity. The organization reported $4.5M in revenue, $2.9M in expenses, $7.0M in total assets for fiscal year 2025.

EIN: 046831593 CHARLESTOWN, MA Latest filing: 2025
Total Revenue$4.5M
Total Expenses$2.9M
Total Assets$7.0M
Grant Records0
Filing Years2021–2025

Mission

TO IMPROVE WORKING CONDITIONS THROUGH LOCAL UNION SUPPORT

Where $100 goes at Masonry Industry Equality Fund

How Masonry Industry Equality Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To improve working conditions
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIRMAN Charles Raso
TRUSTEE Charles Raso Jr
TRUSTEE Patrick Folen Iii
TRUSTEE Thomas Mccormick

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.5M $2.9M $7.0M
2024 $4.1M $2.3M $5.3M
2023 $3.6M $2.9M $3.5M
2022 $2.6M $3.1M $2.8M
2021 $2.2M $5.0M $3.3M

Between 2021 and 2025, reported annual revenue grew from $2.2M to $4.5M (+101%), with total assets most recently reported at $7.0M.

Interactive year-over-year charts and full filing details available with membership.

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