Old Lyme Cemetery Association Inc

The information for Old Lyme Cemetery Association Inc is as of the organization's most recent filing in December 2020. This organization is located in Old Lyme, CT. It has been in existence for 48 years, following its founding in 1972.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Old Lyme Cemetery Association Inc's NTEE code is Y50. The "Y" tells us that the organization is classified along with Mutual & Membership Benefit organizations. The "50" tells us that the organization is a Cemeteries organization. The NTEE describes Cemeteries organizations as those that maintain cemeteries or provide burial or funeral services for charitable purposes and are typically exempt from federal taxes under 501(c)(13) of the Internal Revenue Code.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(13) organization. The IRS describes these organizations as Cemetery Companies.

The mission of the Old Lyme Cemetery Association Inc is to hold and carry on the cemeteries in the town of Old Lyme, CT. These cemeteries include Duck River, Laysville, Meeting House Hill, Champion in Black Hall, Champion in South Lyme, Griswold, Mile Creek and River Bank.

Program Areas

The Old Lyme Cemetery Association was incorporated under the general laws of the state of Connecticut on September 21, 1860, with the purpose of holding and carrying on the cemeteries in the town of Old Lyme. The Association controls eight cemeteries: Duck River, Laysville, Meeting House Hill, Champion in Black Hall, Champion in South Lyme, Griswold, Mile Creek and River Bank.

Organization Staffing

Old Lyme Cemetery Association Inc is run by Judith Tooker, who is the President. The organization has no employees, and no employees are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the organization are 18 volunteers.

Board Governance

The Old Lyme Cemetery Association Inc is well-governed, with five voting members and five independent members. Potential conflicts of interest do not exist, and the organization has not delegated management to an outside firm. Board and committee meetings are documented, and the organization has a conflict of interest policy and requires disclosure of conflicts. Unfortunately, the organization does not have a written whistleblower policy, document retention policy, or substantiate and review leadership/officer salaries. However, the organization does provide copies of the 990 to the board prior to filing. Overall, the Old Lyme Cemetery Association Inc is well-governed and adheres to best practices in terms of its governance structure.

Organization Growth

The Old Lyme Cemetery Association Inc has seen a decrease in both program service revenue and investment income over the four year period from 2016 to 2020. Total revenue and total expenses have also decreased over this time period. The number of volunteers has remained the same. Overall, the organization has not grown during this time period.