Quidnessett Memorial Cemetery
- Assets
- $4.2m
- Revenue
- $632.5k
- Investments
- $0.0
- Employees
- 8
- Location
- North Kingstown, RI
- Founding
- 04/1934
- Data as of
- 05/2024
- EIN
- 05-0205360
Organization Overview
Quidnessett Memorial Cemetery is located in North Kingstown, RI. 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 05/2024, Quidnessett Memorial Cemetery employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quidnessett Memorial Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 05/2024, Quidnessett Memorial Cemetery generated $632.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $586.8k during the year ending 05/2024. While expenses have increased by 1.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PERPETUAL CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING PERPETUAL CARE AT A CEMETERY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Robert Kalander Jr President | OfficerTrustee | 5 | $0 |
Margaret R Decubellis Vice-President | OfficerTrustee | 5 | $0 |
Sally A Russell Secretary | OfficerTrustee | 5 | $0 |
Richard C Lewis Treasurer | OfficerTrustee | 5 | $0 |
Jeffrey A Manickas Director | Trustee | 5 | $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 | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $529,533 |
| Investment income | $89,479 |
| 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 | $632,506 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $261,279 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,870 |
| Payroll taxes | $27,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,164 |
| Advertising and promotion | $6,977 |
| Office expenses | $7,775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,419 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,216 |
| Insurance | $33,841 |
| All other expenses | $7,943 |
| Total functional expenses | $586,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,682 |
| Savings and temporary cash investments | $170,912 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $114,734 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,664 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $396,908 |
| Investments—publicly traded securities | $3,418,435 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,257 |
| Total assets | $4,170,592 |
| Accounts payable and accrued expenses | $60,653 |
| Grants payable | $0 |
| Deferred revenue | $265,483 |
| 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 | $326,136 |
| Net assets without donor restrictions | $3,844,456 |
| 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 | $4,170,592 |