The information for Cemetery Gardens Inc-Washington Memorial Park is as of the organization's most recent filing in December '21. This organization is located in Mount Sinai, NY. It has been in existence for 72 years, following its founding in 1949.
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.
Cemetery Gardens Inc-Washington Memorial Park is a mutual and membership benefit organization classified under the NTEE code Y50. This code indicates that the organization is primarily involved in maintaining cemeteries and providing burial or funeral services for charitable purposes. Specifically, this organization falls under the major classification of Mutual & Membership Benefit and the minor classification of Cemeteries. It is governed by section 13 of the Internal Revenue Code, which pertains to Cemetery Companies. The mission of Cemetery Gardens Inc-Washington Memorial Park is to own and operate a non-profit cemetery for the benefit of plot owners.
The maintenance of the cemetery, the sale of graves and crypts, the care of graves and mausoleums, and the burial of the deceased were the program services provided by expenditures in Part IX within the general fund.
Cemetery Gardens Inc-Washington Memorial Park has 59 employees, with 10 of them earning over $100k according to the organization's most recent 990 tax filing. The organization does not rely on volunteers for support.
Cemetery Gardens Inc-Washington Memorial Park, a non-profit organization, appears to have some governance practices in place, but there are areas that could be improved. The organization has a total of 6 voting members, but it does not have any independent members. This lack of independent members may raise concerns about potential conflicts of interest within the organization. While the organization does have a conflict of interest policy and requires disclosure of conflicts, the fact that committee meetings are not documented raises questions about how effectively these policies are implemented. Documentation of board meetings is a positive aspect, as it ensures transparency and accountability. Additionally, the organization has a written whistleblower policy and a document retention policy, which are essential for maintaining ethical standards and ensuring the preservation of important records. However, it is concerning that the organization does not substantiate and review leadership and officer salaries. This lack of review may lead to potential issues regarding compensation and financial management. On a positive note, the organization provides copies of the 990 to the board prior to filing, indicating a commitment to transparency and financial accountability. Overall, while Cemetery Gardens Inc-Washington Memorial Park has some governance practices in place, there are areas that could be improved to enhance transparency, accountability, and mitigate potential conflicts of interest.
Cemetery Gardens Inc-Washington Memorial Park has experienced growth over the given time period. The program service revenue increased from $8.5 million in 2014 to $10 million in 2021. Similarly, the investment income also saw significant growth, rising from $56.1 thousand in 2014 to $645.3 thousand in 2021. The total revenue of the organization increased from $8.6 million in 2014 to $10.6 million in 2021. Additionally, the number of employees increased from 37 in 2014 to 59 in 2021. However, it is worth noting that while the employee salaries and total expenses also increased during this time period, they are not the primary focus of the discussion. Overall, the nonprofit organization has shown growth in its key financial indicators and employee count.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracy Palm Director/vp Sales | OfficerTrustee | 40 | $468,708 |
Chaun Yu Cheung Salesperson | 40 | $307,716 | |
John Yeatman Pres/treas/dir | OfficerTrustee | 20 | $274,608 |
Guy Saxton Vp/sec/dir | OfficerTrustee | 20 | $274,608 |
Christina Bertell Sales Manager | 40 | $200,188 | |
Hamid Malik Salesperson | 40 | $165,412 |
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 | $9,994,819 |
Investment income | $169,730 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $475,618 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,640,167 |
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. | $1,132,608 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,242,533 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $715,617 |
Payroll taxes | $239,464 |
Fees for services: Management | $0 |
Fees for services: Legal | $149,693 |
Fees for services: Accounting | $39,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,500 |
Advertising and promotion | $18,590 |
Office expenses | $96,676 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,836 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $45,000 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $172,760 |
Insurance | $64,119 |
All other expenses | $280,918 |
Total functional expenses | $6,770,787 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $16,414,446 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,419,935 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $942,642 |
Prepaid expenses and deferred charges | $14,690 |
Net Land, buildings, and equipment | $1,638,706 |
Investments—publicly traded securities | $10,916,896 |
Investments—other securities | $3,408,257 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $411,500 |
Total assets | $36,167,072 |
Accounts payable and accrued expenses | $165,861 |
Grants payable | $0 |
Deferred revenue | $270,133 |
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 | $750,000 |
Total liabilities | $1,185,994 |
Net assets without donor restrictions | $24,206,994 |
Net assets with donor restrictions | $10,774,084 |
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 | $36,167,072 |
Beg. Balance | $66,855 |
Earnings | $2,178 |
Other Expense | $2,072 |
Ending Balance | $66,961 |
Organization Name | Assets | Revenue |
---|---|---|
The Woodlawn Cemetery Bronx, NY | $289,264,337 | $31,058,870 |
Green-Wood Cemetery Brooklyn, NY | $248,405,077 | $23,458,957 |
Kensico Cemetery Valhalla, NY | $290,091,968 | $37,854,382 |
Cypress Hills Cemetery Brooklyn, NY | $82,294,454 | $26,282,418 |
Beth Isreal Cemetery Association Bensalem, PA | $131,465,131 | $13,044,933 |
Proprietors Of The Cemetery Of Mount Auburn Cambridge, MA | $307,764,438 | $17,833,298 |
Cedar Grove Cemetery Association Flushing, NY | $446,925,476 | $46,438,257 |
Montefiore Cemetery Corporation St Albans, NY | $170,636,293 | $20,446,217 |
Ferncliff Cemetery Association Hartsdale, NY | $321,837,368 | $32,920,471 |
Elmont Cemetery Inc Elmont, NY | $157,393,841 | $12,857,507 |
Buffalo City Cemetery Buffalo, NY | $53,373,006 | $10,103,958 |
New Cedar Park Cemetery Westwood, NJ | $108,117,854 | $8,075,200 |