Mount Pleasant Cemetery Company
- Assets
- $7.3m
- Revenue
- $412.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Newark, NJ
- Founding
- 12/1934
- Data as of
- 12/2023
- EIN
- 22-1130470
Organization Overview
Mount Pleasant Cemetery Company is located in Newark, NJ. The organization was established in 1934. 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 12/2023, Mount Pleasant Cemetery Company employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Pleasant Cemetery Company is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2023, Mount Pleasant Cemetery Company generated $412.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $393.9k during the year ending 12/2023. 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 BURIAL SERVICES TO THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOUNT PLEASANT CEMETERY COMPANY PROVIDES BURIAL SERVICES TO THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Ralph Secretary | Trustee | 2 | $25,500 |
Barbara Murray Treasurer | OfficerTrustee | 1 | $1,554 |
John Patino Vice President | OfficerTrustee | 1 | $1,200 |
Richard Grossklaus Director | Trustee | 1 | $1,200 |
Donald Wallace Director | Trustee | 1 | $1,200 |
Elizabeth Del Tufo President | OfficerTrustee | 1 | $1,154 |
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 | $3,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,712 |
| Total Program Service Revenue | $4,284 |
| Investment income | $192,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $192,068 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,500 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,873 |
| 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. | $33,408 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,342 |
| Fees for services: Other | $1,429 |
| Advertising and promotion | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,795 |
| Insurance | $33,150 |
| All other expenses | $19,766 |
| Total functional expenses | $393,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $107,311 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $515,476 |
| Investments—publicly traded securities | $6,452,225 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,147 |
| Total assets | $7,296,213 |
| Accounts payable and accrued expenses | $59,225 |
| 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 | $0 |
| Total liabilities | $59,225 |
| Net assets without donor restrictions | $6,575,883 |
| Net assets with donor restrictions | $661,105 |
| 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 | $7,296,213 |