Lakewood Cemetery Assn

Organization Overview

Lakewood Cemetery Assn is located in Saddle Brook, NJ. 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 12/2021, Lakewood Cemetery Assn employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakewood Cemetery Assn is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2021, Lakewood Cemetery Assn generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION AND MAINTENANCE OF A CEMETERY FOR THE INTERMENT OF HUMAN REMAINS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION AND MAINTENANCE OF A CEMETERY FOR THE


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Board, Officers & Key Employees

Name (title)Compensation
A Blacksberg
Trustee
$550
Ken Studer
Cp And COO
$214,989
R Singh
Asst Sec
$87,206
Teresa Novick
Trustee
$550
Lucy Winer
Trustee
$550
Leigh Weiss
Trustee
$550

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,985,354
Investment income $1,308,602
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,011
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,304,967

Endowment Analysis

Peer Organizations

Organization NameAssets
The Woodlawn Cemetery
Bronx, NY
$31,058,870
Green-Wood Cemetery
Brooklyn, NY
$23,458,957
Kensico Cemetery
Valhalla, NY
$37,854,382
Cypress Hills Cemetery
Brooklyn, NY
$26,282,418
Beth Isreal Cemetery Association
Bensalem, PA
$13,044,933
Cedar Grove Cemetery Association
Flushing, NY
$46,438,257
Montefiore Cemetery Corporation
St Albans, NY
$20,446,217
Ferncliff Cemetery Association
Hartsdale, NY
$32,920,471
Elmont Cemetery Inc
Elmont, NY
$12,857,507
Buffalo City Cemetery
Buffalo, NY
$10,103,958
New Cedar Park Cemetery
Westwood, NJ
$8,075,200
West Laurel Hill Cemetery Co
Bala Cynwyd, PA
$10,203,790

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