Colonial Memorial Park Association

Organization Overview

Colonial Memorial Park Association is located in Red Bank, NJ. The organization was established in 2015. 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. Colonial Memorial Park Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2021, Colonial Memorial Park Association generated $522.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $448.6k during the year ending 12/2021. 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

CEMETERY LOCATED AT 3039 SOUTH BROAD ST IN HAMILTON, NJ, SERVICES MANY FAMILIES WITH THEIR BURIAL AND ENTOMBMENT NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CEMETERY SERVICES MANY FAMILIES WITH THEIR BURIAL AND ENTOMBMENT NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Baratta
Vice President
$0
Louis Cicalese
President
$0
Gioan Ha
Trustee
$0
David Jacobs
Trustee
$0
Scott Eichel
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Elevated Inc
Data Processing & It
$15,000
Elevated Inc
Sales/marketing Serv
$105,609
View All Vendors

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$552,775
Investment income $50,310
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 -$102,678
Miscellaneous Revenue$0
Total Revenue $522,100

Endowment Analysis

Beg. Balance$654,842
Earnings$29,664
Admin Expense$21,775
Net Contributions$30,750
Ending Balance$693,481

Peer Organizations

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$31,058,870
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$23,458,957
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$37,854,382
Cypress Hills Cemetery
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$26,282,418
Beth Isreal Cemetery Association
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$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

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