Woodlawn Cemetery
- Assets
- $152.5m
- Revenue
- $23.5m
- Investments
- $0.0
- Employees
- 38
- Location
- Everett, MA
- Founding
- 03/1936
- Data as of
- 12/2021
- EIN
- 04-1986040
Organization Overview
Woodlawn Cemetery is located in Everett, MA. The organization was established in 1936. 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 12/2021, Woodlawn Cemetery employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodlawn Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Woodlawn Cemetery generated $23.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $5.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DISPOSAL OF HUMAN REMAINS AND MAINTENANCE OF THE CEMETERY'S PROPERTY AND GROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERMENTS, CREMATIONS AND OTHER CEMETERY SERVICES FOR THE DISPOSAL OF HUMAN REMAINS.
SALES OF INTERMENT AND CRYPT SPACES NET OF THE COST OF THESE SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis J Larovere III Esquire President/ceo | OfficerTrustee | 40 | $375,750 |
William F Monahan Employee | 40 | $160,497 | |
John P Darling Employee | 40 | $134,016 | |
Alan L Giangregorio Employee | 40 | $133,307 | |
Dennis W Delgenio Employee | 40 | $122,106 | |
Shawn D Leary Employee | 40 | $121,418 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mass Laborers Benefit Funds Union Benefits | 12/30/21 | $194,055 |
Eaton Vance Wateroak Advisors Investment Advisors | 12/30/21 | $337,235 |
John Hancock Retirement Plan Services Financial Advisors | 12/30/21 | $113,517 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $6,079,662 |
| Investment income | $2,107,196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,286,787 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,473,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $496,303 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,335,593 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $146,726 |
| Payroll taxes | $289,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $153,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,318 |
| Office expenses | $109,361 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $157,785 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,407 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $590,043 |
| Insurance | $196,936 |
| All other expenses | $28,956 |
| Total functional expenses | $5,903,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,274,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,833 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,157,705 |
| Prepaid expenses and deferred charges | $4,983,218 |
| Net Land, buildings, and equipment | $4,497,721 |
| Investments—publicly traded securities | $134,269,722 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $220,889 |
| Total assets | $152,489,024 |
| Accounts payable and accrued expenses | $944,362 |
| Grants payable | $0 |
| Deferred revenue | $580,920 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,525,282 |
| Net assets without donor restrictions | $138,090,432 |
| Net assets with donor restrictions | $12,873,310 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $152,489,024 |
Endowment Analysis
| Beg. Balance | $11,451,199 |
| Earnings | $1,382,818 |
| Net Contributions | $139,719 |
| Other Expense | -$100,426 |
| Ending Balance | $12,873,310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Woodlawn Cemetery Bronx, NY | $289,264,337 | $31,058,870 |
Green-Wood Cemetery Brooklyn, NY | $248,405,077 | $23,458,957 |
Kensico Cemetery Valhalla, NY | $290,091,968 | $37,854,382 |
Cypress Hills Cemetery Brooklyn, NY | $82,294,454 | $26,282,418 |
Proprietors Of The Cemetery Of Mount Auburn Cambridge, MA | $307,764,438 | $17,833,298 |
Cedar Grove Cemetery Association Flushing, NY | $446,925,476 | $46,438,257 |
Montefiore Cemetery Corporation St Albans, NY | $170,636,293 | $20,446,217 |
Ferncliff Cemetery Association Hartsdale, NY | $321,837,368 | $32,920,471 |
Elmont Cemetery Inc Elmont, NY | $157,393,841 | $12,857,507 |
Buffalo City Cemetery Buffalo, NY | $53,373,006 | $10,103,958 |
Cemetery Gardens Inc-Washington Memorial Park Mount Sinai, NY | $36,167,072 | $10,640,167 |
Evergreens Cemetery Brooklyn, NY | $242,178,649 | $17,638,026 |