Pride Of Boston Cemetery Association

Organization Overview

Pride Of Boston Cemetery Association is located in Needham, MA. The organization was established in 1952. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pride Of Boston Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2022, Pride Of Boston Cemetery Association generated $37.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $32.1k during the year ending 12/2022. 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

SALE CARE AND MAINTENANCE OF CEMETERY LOTS AND GRAVES LOCATED AT THE PRIDE OF BOSTON CEMETERY IN WOBURN MASSACHUSETTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION SELLS CARES FOR AND MAINTAINS CEMETERY LOTS AND GRAVES AND PROVIDES FOR THE CARE AND MAINTENANCE OF THE REAL ESTATE ON WHICH THOSE LOTS AND GRAVES ARE LOCATED AT THE PRIDE OF BOSTON CEMETERY IN WOBURN MASSACHUSETTS. THE CEMETERY IS OVER 100 YEARS OLD AND ALMOST COMPLETELY FILLED. THERE WERE NO GRAVE SALES IN 2022 $51 IN SUCH RECEIPTS IN 2021 AND $35 IN GRAVE SALES IN 2020. SUCH SALES HAVE AMOUNTED TO THESE RELATIVELY SMALL AMOUNTS OR NONE IN RECENT YEARS.


A PERMANENTLY RESTRICTED PERPETUAL CARE TRUST FUND IS MAINTAINED BY THE ASSOCIATION. THAT TRUST FUND IS HELD AND MANAGED BY BNY MELLON. 2022 REVENUE DIVIDENDS AND INTEREST EARNED BY THE TRUST FUND WAS $15,677. THE TRUST ALSO BUYS AND SELLS SECURITIES AND OUR ACCOUNT WITH THEM HAD GAINS OF 2,821 WITH THEM LAST YEAR. BECAUSE OF THE DOWNTURN IN THE STOCK MARKET LAST YEAR THERE WERE UNREALIZED LOSSES ON SECURITIES NOT SOLD LAST YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Victor L Berman
President And Secretary
$0
Frederick S Seidenberg
Vice President
$0
Andrew M Freedman
Treasurer
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $34,560
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,821
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,381

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