Riverside Cemetery is located in Fairhaven, MA. The organization was established in 1934. 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, Riverside Cemetery employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 03/2022, Riverside Cemetery generated $654.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $557.6k during the year ending 03/2022. While expenses have increased by 2.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS THE PRESERVATION AND CONSERVATION OF CEMETERY PROPERTIES OF RIVERSIDE AND NASKATUCKET CEMETERIES, WELL CARED FOR HISTORIC GARDEN LIKE PROPERTIES. WE ALSO OPERATE A CREMATORY ACCORDING TO UNIFORM STANDARDS OF CREMATION ASSOCIATION OF AMERICAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEMETERY
CREMATORIUM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Dorian Treasurer | Officer | 10 | $10,142 |
Cora Peirce Vice President/trustee | OfficerTrustee | 1 | $0 |
Rhet Denault Trustee/clerk | OfficerTrustee | 1 | $0 |
Frederic Delano Grant Jr President/trustee | OfficerTrustee | 1 | $0 |
Robert Paine Assistant Treasurer | Officer | 1 | $0 |
Maureen Bertrand Trustee | Trustee | 1 | $0 |
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 | $2,425 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,425 |
Total Program Service Revenue | $645,151 |
Investment income | $7,212 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $32 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $654,820 |
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. | $10,142 |
Compensation of current officers, directors, key employees. | $10,142 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $221,347 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $35,980 |
Payroll taxes | $20,954 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,159 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,952 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $39,126 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $305 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $88,169 |
Insurance | $26,361 |
All other expenses | $11,290 |
Total functional expenses | $557,639 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $273,019 |
Savings and temporary cash investments | $219,442 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,495 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $28,817 |
Prepaid expenses and deferred charges | $8,212 |
Net Land, buildings, and equipment | $626,035 |
Investments—publicly traded securities | $632,392 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,797,412 |
Accounts payable and accrued expenses | $7,430 |
Grants payable | $0 |
Deferred revenue | $3,750 |
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 | $3,136 |
Total liabilities | $14,316 |
Net assets without donor restrictions | $1,783,096 |
Net assets with donor restrictions | $0 |
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 | $1,797,412 |
Over the last fiscal year, we have identified 1 grants that Riverside Cemetery has recieved totaling $16,000.
Awarding Organization | Amount |
---|---|
Boston Foundation Inc Boston, MA PURPOSE: Operating Support/Annual Fund | $16,000 |
Beg. Balance | $709,695 |
Earnings | $26,511 |
Admin Expense | $1,158 |
Net Contributions | $72,059 |
Ending Balance | $807,107 |
Organization Name | Assets | Revenue |
---|---|---|
Pinelawn Cemetery Farmingdale, NY | $148,871,665 | $44,288,902 |
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 |