Restland Memorial Park Assn
- Assets
- $26.8m
- Revenue
- $3.2m
- Investments
- $9.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1953
- Data as of
- 12/2023
- EIN
- 22-1228450
Organization Overview
Restland Memorial Park Assn is located in Houston, TX. The organization was established in 1953. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restland Memorial Park Assn is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2023, Restland Memorial Park Assn generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 12.6% 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
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
RESTLAND MEMORIAL PARK ASSOCIATION PROVIDES CEMETERY AND BURIAL SERVICES TO THOSE IN NEED ON A NONPROFIT BASIS IN ACCORDANCE WITH SECTION 501(C)(13).
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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 | Trustee | 8 | $0 |
Lorie Johnson VP - Human Resources | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paul Pytal Co Grounds Maintenance | 12/30/19 | $123,537 |
Cantarella Asphalt Paving Paving | 12/30/19 | $115,000 |
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 | $200,294 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$678 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,636,376 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,208,819 |
| 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 | $775,261 |
| Pension plan accruals and contributions | $12,565 |
| Other employee benefits | $46,768 |
| Payroll taxes | $50,972 |
| Fees for services: Management | $1,768,382 |
| 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 | $3,841 |
| Advertising and promotion | $4,661 |
| Office expenses | $7,716 |
| Information technology | $5,388 |
| Royalties | $0 |
| Occupancy | $343,842 |
| 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 | $147,281 |
| Insurance | $12,002 |
| All other expenses | $0 |
| Total functional expenses | $3,198,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,578,448 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$144,279 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,585,804 |
| Prepaid expenses and deferred charges | $183 |
| Net Land, buildings, and equipment | $481,914 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,844,956 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,405,899 |
| Total assets | $26,752,925 |
| Accounts payable and accrued expenses | -$2,049,656 |
| Grants payable | $0 |
| Deferred revenue | $1,558,082 |
| 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 | $17,968,227 |
| Total liabilities | $17,476,653 |
| Net assets without donor restrictions | $9,276,272 |
| 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 | $26,752,925 |