Fairmount Cemetery Assoc

Organization Overview

Fairmount Cemetery Assoc is located in Presque Isle, ME. The organization was established in 1949. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2022, Fairmount Cemetery Assoc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairmount Cemetery Assoc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2022, Fairmount Cemetery Assoc generated $62.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $81.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ACQUIRE LAND, MANAGE AND OPERATE SAME FOR USE BY THE PUBLIC AS A CEMETERY, FURNISH PERPETUAL CARE OF THE GRAVESITES AND ADJOINING AREAS, SUPERVISE AND CONTROL USE OF THE CEMETERY FACILITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

A NEW LAWN TRACTOR WAS PURCHASED WITH A TRADE IN OF AN OLDER TRACTOR FOR MOWING GRASS


BURIALS AND INTERNMENTS: THERE WERE 54 INTERNMENTS DONE IN THE YEAR 2022 INCLUDING 20 FULL CASKET BURIALS AND 34 CREMATION REMAINS


GRAVESITES WERE MAINTAINED THROUGH THE LEVELING OF THE SURFACE OF THE GRAVESITES AS NECESSARY, SEEDING THE GRAVE LOTS WITH GRASS AS NEEDED, TRIMMING OR REMOVING TREES AND SHRUBBERY WHEN WARRANTED, AND THE REMOVAL OF FALLEN BRANCHES, LEAVES, LITTER AND OTHER DEBRIS.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Duncan
Trustee - Secretary
$3,200
David H Blanchard
Trustee - Treasurer
$2,400
Donald A Savage
Trustee - President
$1,000
Craig Green
Trustee - Vice President
$0
Marena Lagerstrom
Trustee
$0
Nathan Grass
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $701
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$701
Total Program Service Revenue$49,995
Investment income $13,803
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,131
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $62,368

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