Hollywood Memorial Park Company
- Assets
- $42.4m
- Revenue
- $5.3m
- Investments
- $13.1m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1976
- Data as of
- 12/2023
- EIN
- 22-0995959
Organization Overview
Hollywood Memorial Park Company is located in Houston, TX. The organization was established in 1976. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Memorial Park Company is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2023, Hollywood Memorial Park Company generated $5.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $5.3m during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 9 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
PROVIDE CEMETERY PROPERTY AND SERVICES TO THE PUBLIC ON BOTH A PRE-NEED AND AT-NEED BASIS AND MAINTAINING THE PROPERTY IN PERPETUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLLYWOOD MEMORIAL PARK CO. PROVIDES CEMETERY AND BURIAL SERVICES TO THOSE IN NEED ON A NONPROFIT BASIS IN ACCORDANCE WITH SECTION 501(C)(13).
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 |
|---|---|---|---|
J Bradley Green Chief Executive Officer | OfficerTrustee | 1 | $0 |
Jay Dodds President And COO | OfficerTrustee | 1 | $0 |
Daniel Millett Chief Financial Officer | OfficerTrustee | 1 | $0 |
Jennifer Hay General Counsel | Officer | 1 | $0 |
William C Passodelis Vice President Operations | OfficerTrustee | 8 | $0 |
Lorie Johnson VP Human Resources | Officer | 1 | $0 |
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 | $472,804 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,287 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,118,375 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,328,749 |
| 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 | $1,586,179 |
| Pension plan accruals and contributions | $42,303 |
| Other employee benefits | $119,488 |
| Payroll taxes | $2,586 |
| Fees for services: Management | $2,453,217 |
| 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 | $27,866 |
| Advertising and promotion | $3,188 |
| Office expenses | $43,165 |
| Information technology | $12,231 |
| Royalties | $0 |
| Occupancy | $773,130 |
| Travel | $9,847 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | -$94,673 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $260,510 |
| Insurance | $38,765 |
| All other expenses | $0 |
| Total functional expenses | $5,318,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,435,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $320,987 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,699,980 |
| Prepaid expenses and deferred charges | $8,764 |
| Net Land, buildings, and equipment | $1,917,936 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,088,750 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,878,845 |
| Total assets | $42,350,441 |
| Accounts payable and accrued expenses | $262,583 |
| Grants payable | $0 |
| Deferred revenue | $2,484,689 |
| 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 | $32,930,724 |
| Total liabilities | $35,677,996 |
| Net assets without donor restrictions | $6,672,445 |
| 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 | $42,350,441 |