Locust Valley Cemetery Association Inc

Organization Overview

Locust Valley Cemetery Association Inc is located in Locust Valley, NY. The organization was established in 1942. 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 03/2024, Locust Valley Cemetery Association Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Locust Valley Cemetery Association Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 03/2024, Locust Valley Cemetery Association Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.2m during the year ending 03/2024. While expenses have increased by 4.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE INTERMENT OF BODIES IN BURIAL PLOTS HELD BY MEMBERS AND MAINTENANCE OF THE CEMETERY IN PERPETUITY. REGULATED BY THE NY STATE DEPARTMENT OF STATE, DIVISION OF CEMETERIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES IN CONNECTION WITH THE BURIALS AND CARE OF CEMETERY PLOTS.


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Board, Officers & Key Employees

Name (title)Compensation
William Simons
General Manager
$176,943
Edward Simons
Superintendent
$125,557
Diane Fagiola
Chairperson
$0
James Wellington
President
$0
Peter B Colgrove
Secretary
$0
Stephen Murphy
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$46,252
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$46,252
Total Program Service Revenue$2,212,786
Investment income $546,118
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $30,351
Net Gain/Loss on Asset Sales $356,707
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,194,075

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$6,624,176
Mount Hope Cemetery Association
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Proprietors Of Forest Hills Cemetery
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$7,888,764
Wellwood Cemetery Association Inc
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$7,908,670
Knollwood Cemetery
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$5,471,379
Beth Moses Cemetery Corp
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$7,540,517
Clover Leaf Park Cemetery Association
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Maple Grove Cemetery Association Inc
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$5,736,920

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