Hollywood Memorial Park Company
- Assets
- $33.4m
- Revenue
- $5.8m
- Investments
- $18.1m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1976
- Data as of
- 12/2021
- 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 12/2021, Hollywood Memorial Park Company generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $5.8m during the year ending 12/2021. While expenses have increased by 10.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Dodds President And COO | OfficerTrustee | 1 | $0 |
William C Passodelis Vice President Operations | OfficerTrustee | 8 | $0 |
J Bradley Green Chief Executive Officer | OfficerTrustee | 1 | $0 |
W Clark Harlow SVP Oper. Finance/acct | OfficerTrustee | 1 | $0 |
Daniel Milliett Chief Financial Officer | OfficerTrustee | 1 | $0 |
Jeff Parker Chief Technology Officer | 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 | $864,184 |
| Investment income | $2,216 |
| 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 | $4,850,234 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,846,225 |
| 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 | $1,620,335 |
| Pension plan accruals and contributions | $44,031 |
| Other employee benefits | $134,911 |
| Payroll taxes | $136,807 |
| Fees for services: Management | $2,753,655 |
| 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 | $16,575 |
| Advertising and promotion | $2,145 |
| Office expenses | $49,164 |
| Information technology | $9,999 |
| Royalties | $0 |
| Occupancy | $700,420 |
| Travel | $13,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $188,811 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,152 |
| Insurance | $18,546 |
| All other expenses | $25,685 |
| Total functional expenses | $5,836,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,980,861 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $515,302 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,223,648 |
| Prepaid expenses and deferred charges | $23,096 |
| Net Land, buildings, and equipment | $1,929,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $18,082,906 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,687,251 |
| Total assets | $33,442,112 |
| Accounts payable and accrued expenses | $115,413 |
| Grants payable | $0 |
| Deferred revenue | $2,904,786 |
| 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 | $23,769,468 |
| Total liabilities | $26,789,667 |
| Net assets without donor restrictions | $6,652,445 |
| 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 | $33,442,112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Parks Foundation Austin, TX | $18,633,164 | $9,510,875 |
Hollywood Memorial Park Company Houston, TX | $33,442,112 | $5,846,225 |
Parks For Downtown Dallas Dallas, TX | $32,328,636 | $5,039,628 |
Woodall Rodgers Park Foundation Dallas, TX | $79,564,838 | $21,615,495 |
Memorial Park Tulsa, OK | $30,425,611 | $5,086,019 |
Pease Park Conservancy Austin, TX | $3,299,549 | $1,315,940 |
Spark Houston, TX | $2,148,796 | $3,269,886 |
Linda Pace Foundation San Antonio, TX | $85,448,768 | $4,905,864 |
Evelyns Park Conservancy Bellaire, TX | $893,230 | $3,189,760 |
Emancipation Park Conservancy Houston, TX | $2,439,536 | $2,922,994 |
State Parks And Recreation Foundation Of Arkansas Little Rock, AR | $3,242,113 | $1,406,923 |
Hemisfair Conservancy San Antonio, TX | $1,859,669 | $1,225,591 |