Lakeview Memorial Park Association
- Assets
- $14.4m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 16
- Location
- Cinnaminson, NJ
- Founding
- 02/1954
- Data as of
- 07/2023
- EIN
- 21-0495470
Organization Overview
Lakeview Memorial Park Association is located in Cinnaminson, NJ. The organization was established in 1954. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 07/2023, Lakeview Memorial Park Association employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeview Memorial Park Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 07/2023, Lakeview Memorial Park Association generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.8m during the year ending 07/2023. While expenses have increased by 3.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THAT THE DIGNITY, SOLEMNITY AND PROPERTIES DUE THE CEMETERY BE RIGOROUSLY SAFEGUARDED AND PROVIDE NON-SECTARIAN CEMETERY SERVICES OFFERING TRADITIONAL IN-GROUND INTERMENT SITES AS WELL AS ABOVE GROUND CRYPTS AND NICHES TO THE SOUTH JERSEY AREA AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN CEMETERY OPERATIONS AND FACILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David B Stahl Sr President | OfficerTrustee | 20 | $15,900 |
Bradford S Smith ESQ Vice President | OfficerTrustee | 5 | $19,200 |
Mary-Lou Monihan Trustee | Trustee | 5 | $7,200 |
William B Young Trustee | Trustee | 5 | $7,200 |
James S Meckel Jr Trustee | Trustee | 5 | $7,200 |
Robert J Engel Trustee | Trustee | 5 | $7,200 |
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 | $3,839,534 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$281,488 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,558,046 |
| 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 | $652,313 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,114 |
| Payroll taxes | $53,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,391 |
| Advertising and promotion | $27,329 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,684 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,038 |
| Insurance | $45,639 |
| All other expenses | $173,118 |
| Total functional expenses | $1,781,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,357 |
| Savings and temporary cash investments | $1,234,503 |
| Pledges and grants receivable | $322,816 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $109,290 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,085 |
| Net Land, buildings, and equipment | $6,086,057 |
| Investments—publicly traded securities | $6,283,067 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,402,175 |
| Accounts payable and accrued expenses | $8,541 |
| 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 | $28,967 |
| Total liabilities | $37,508 |
| Net assets without donor restrictions | $14,364,667 |
| 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 | $14,402,175 |