Worcester County Memorial Park Inc
- Assets
- $3.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 22
- Location
- Paxton, MA
- Founding
- 04/1965
- Data as of
- 10/2023
- EIN
- 04-2303664
Organization Overview
Worcester County Memorial Park Inc is located in Paxton, MA. The organization was established in 1965. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Worcester County Memorial Park Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worcester County Memorial Park Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 10/2023, Worcester County Memorial Park Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.7m during the year ending 10/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BURIAL NEEDS TO PLOT OWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE BURIAL NEEDS TO PLOT OWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Killelea Vice President | OfficerTrustee | 40 | $86,408 |
Kevin Killelea Pres / Dir | OfficerTrustee | 40 | $88,400 |
Kathryn Shrauger Director | Trustee | 40 | $9,100 |
Michael K Jones Director | Trustee | 0 | $0 |
Joel Szczepanek Director | Trustee | 0 | $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 | $73,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,650 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,296,626 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,429,570 |
| 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. | $183,908 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $817,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $84,033 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,233 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,419 |
| Fees for services: Other | $2,612 |
| Advertising and promotion | $17,799 |
| Office expenses | $72,374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,779 |
| Interest | $21,859 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,742 |
| Insurance | $76,401 |
| All other expenses | $34,842 |
| Total functional expenses | $1,660,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,305 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,335,101 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $627,430 |
| Prepaid expenses and deferred charges | $52,558 |
| Net Land, buildings, and equipment | $213,006 |
| Investments—publicly traded securities | $1,242,769 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $239,648 |
| Total assets | $3,844,817 |
| Accounts payable and accrued expenses | $972,759 |
| Grants payable | $0 |
| Deferred revenue | $2,042,135 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $165,150 |
| Secured mortgages and notes payable | $47,321 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,895,108 |
| Total liabilities | $5,122,473 |
| Net assets without donor restrictions | -$1,277,656 |
| 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 | $3,844,817 |