The Sterling Cemetery is located in Greenport, NY. The organization was established in 2001. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sterling Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2022, Sterling Cemetery generated $154.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $86.7k during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BY LAW, CEMETERY ASSOCIATIONS MAY ACQUIRE, OWN, MANAGE, AND CONTROL CEMETERIES. CEMETERY ASSOCIATIONS MUST BE ORGANIZED IN ACCORDANCE WITH THE NON-PROFIT CORPORATION LAWS. ASSOCIATIONS MAY NOT BE ORGANIZED TO ENGAGE IN SPECULATION IN CEMETERY LOTS AND PROPERTY, OR TO OPERATING FOR THE PRIVATE GAIN, EITHER DIRECTLY OR INDIRECTLY, OF ANY ASSOCIATION MEMBER. THE ASSOCIATION'S BOARD OF DIRECTORS OR BOARD OF TRUSTEES MUST HOLD AN ANNUAL ASSOCIATION MEETING AT WHICH IT MUST ACCEPT AN ANNUAL FINANCIAL STATEMENT THAT CONTAINS AN ACCOUNTING OF ASSOCIATION INCOME AND EXPENSES FOR THE PRECEDING FISCAL YEAR AND AN ACCOUNTING OF ASSOCIATION ASSETS. CEMETERY ASSOCIATIONS MAY ENACT BYLAWS PROVIDING FOR THE CARE AND MANAGEMENT OF ALL BURIAL LOTS, AND THE PROTECTION OF ALL SHRUBS, TREES, FENCES, AND MONUMENTS. THE INCORPORATORS, ORGANIZERS, OR MEMBERS OF AN ASSOCIATION OR, IF NONE ARE LIVING, THE OWNERS OF BURIAL LOTS, BY A MAJORITY VOTE, MAY AMEND THEIR ARTICLES OF ASSOCIATION OR BYLAWS. ASSOCIATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY LAW, CEMETERY ASSOCIATIONS MAY ACQUIRE, OWN, MANAGE, AND CONTROL CEMETERIES. CEMETERY ASSOCIATIONS MUST BE ORGANIZED IN ACCORDANCE WITH THE NON-PROFIT CORPORATION LAWS. ASSOCIATIONS MAY NOT BE ORGANIZED TO ENGAGE IN SPECULATION IN CEMETERY LOTS AND PROPERTY, OR TO OPERATING FOR THE PRIVATE GAIN, EITHER DIRECTLY OR INDIRECTLY, OF ANY ASSOCIATION MEMBER. THE ASSOCIATION'S BOARD OF DIRECTORS OR BOARD OF TRUSTEES MUST HOLD AN ANNUAL ASSOCIATION MEETING AT WHICH IT MUST ACCEPT AN ANNUAL FINANCIAL STATEMENT THAT CONTAINS AN ACCOUNTING OF ASSOCIATION INCOME AND EXPENSES FOR THE PRECEDING FISCAL YEAR AND AN ACCOUNTING OF ASSOCIATION ASSETS. CEMETERY ASSOCIATIONS MAY ENACT BYLAWS PROVIDING FOR THE CARE AND MANAGEMENT OF ALL BURIAL LOTS, AND THE PROTECTION OF ALL SHRUBS, TREES, FENCES, AND MONUMENTS. THE INCORPORATORS, ORGANIZERS, OR MEMBERS OF AN ASSOCIATION OR, IF NONE ARE LIVING, THE OWNERS OF BURIAL LOTS, BY A MAJORITY VOTE, MAY AMEND THEIR ARTICLES OF ASSOCIATION OR BYLAWS. ASSOCIATIONS MAY RECEIVE AND HOLD IN TRUST DONATIONS THAT MUST BE INVESTED AS THE LAW REQUIRES FOR THE INVESTMENT OF TRUST FUNDS, EXCEPT WHEN THE DONORS OTHERWISE AUTHORIZE. ASSOCIATION OFFICERS, DIRECTORS, OR TRUSTEES MAY NOT SERVE AS AN OFFICER, DIRECTOR, OR TRUSTEE OF ANY COMPANY THAT MANAGES OR OPERATES ANY ASPECT OF THE CEMETERY.
BY LAW, CEMETERY ASSOCIATIONS MAY ACQUIRE, OWN, MANAGE, AND CONTROL CEMETERIES. CEMETERY ASSOCIATIONS MUST BE ORGANIZED IN ACCORDANCE WITH THE NON-PROFIT CORPORATION LAWS. ASSOCIATIONS MAY NOT BE ORGANIZED TO ENGAGE IN SPECULATION IN CEMETERY LOTS AND PROPERTY, OR TO OPERATING FOR THE PRIVATE GAIN, EITHER DIRECTLY OR INDIRECTLY, OF ANY ASSOCIATION MEMBER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin Walden Secretary-Tr | Officer | $0 | |
Patrick Walden President | Officer | $0 | |
Candee Perham Trustee | Trustee | $0 | |
Robert Hamilton Trustee | Trustee | $0 | |
Matthew J Swain Trustee | Trustee | $0 | |
Timothy Heaney Trustee | Trustee | $0 |
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 | $110,525 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $110,525 |
Total Program Service Revenue | $44,300 |
Investment income | $28 |
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 | $154,853 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $50 |
Advertising and promotion | $0 |
Office expenses | $911 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $81,573 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,816 |
All other expenses | $0 |
Total functional expenses | $86,700 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,724 |
Savings and temporary cash investments | $526,451 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $536,175 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $536,175 |
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 | $536,175 |
Over the last fiscal year, we have identified 1 grants that The Sterling Cemetery has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Kontokosta Family Foundaton Inc Teaneck, NJ PURPOSE: GENERAL | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Buffalo City Cemetery Buffalo, NY | $53,373,006 | $10,103,958 |
New Cedar Park Cemetery Westwood, NJ | $108,117,854 | $8,075,200 |
West Laurel Hill Cemetery Co Bala Cynwyd, PA | $73,101,806 | $10,203,790 |
Cemetery Gardens Inc-Washington Memorial Park Mount Sinai, NY | $36,167,072 | $10,640,167 |
Evergreens Cemetery Brooklyn, NY | $242,178,649 | $17,638,026 |
George Washington Memorial Park Cemetery Assn Inc Paramus, NJ | $42,721,013 | $10,002,035 |
Woodlawn Cemetery Everett, MA | $152,489,024 | $23,473,645 |
Mount Hope Cemetery Association Hastingsonhudson, NY | $101,467,915 | $7,806,939 |
Cedar Park Cemetery Westwood, NJ | $76,173,122 | $6,477,486 |
Clover Leaf Park Cemetery Association Bensalem, PA | $64,984,300 | $5,847,468 |
Proprietors Of Forest Hills Cemetery Jamaica Plain, MA | $50,053,161 | $8,631,428 |
Beth Moses Cemetery Corp Farmingdale, NY | $63,231,978 | $8,104,051 |