Prospect Hill Cemetery Association

Organization Overview

Prospect Hill Cemetery Association is located in Nantucket, MA. The organization was established in 1944. 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 03/2022, Prospect Hill Cemetery Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prospect Hill Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 03/2022, Prospect Hill Cemetery Association generated $387.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $215.6k during the year ending 03/2022. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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

PROVIDE BURIAL FACILITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION PROVIDES A BURIAL FACILITY AND SERVICES TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Soverino
President
$0
Patricia Anathan
Vice President
$0
John Renwick
Treasurer
$0
Maryanne Wayne
Secretary
$0
Stephen Godwin
Trustee
$0
Mimi Young
Trustee
$0

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$21,985
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$21,985
Total Program Service Revenue$234,378
Investment income $130,703
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $387,066

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Prospect Hill Cemetery Association has recieved totaling $2,500.

Awarding OrganizationAmount
Charina Foundation Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$2,500
View Grant Recipient Profile

Peer Organizations

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