Washington Cemetery Mgmt Corp
- Assets
- $13.0m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Monmouth Junction, NJ
- Founding
- 01/1990
- Data as of
- 09/2021
- EIN
- 22-1621017
Organization Overview
Washington Cemetery Mgmt Corp is located in Monmouth Junction, NJ. The organization was established in 1990. 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 09/2021, Washington Cemetery Mgmt Corp employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Cemetery Mgmt Corp is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 09/2021, Washington Cemetery Mgmt Corp generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $593.8k during the year ending 09/2021. While expenses have increased by 0.1% per year over the past 6 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
SALES & MAINTENANCE OF GRAVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR ENDED 9/30/2021 THERE WERE 151 INTERMENTS & 5,747 GRAVES SOLD. GRAVE OWNERS & ENDOWMENT FUNDS PROVIDE THE REVENUES NEEDED TO MAINTAIN THE GROUNDS & RECORD KEEPING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moshe Koplowitz General Manager | 0 | $136,782 | |
Lita Greenberg Director | OfficerTrustee | 20 | $102,100 |
Marcia Berkowitz Vice President | Trustee | 20 | $102,100 |
Jeffrey Greenberg Director | Trustee | 5 | $0 |
Edmund Berkowitz Director | Trustee | 10 | $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 | $813,789 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $813,789 |
| Total Program Service Revenue | $0 |
| Investment income | $117,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $128,010 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,343,767 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,402,828 |
| 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. | $204,200 |
| Compensation of current officers, directors, key employees. | $204,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $272,491 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,259 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,200 |
| Office expenses | $8,322 |
| 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 | $0 |
| Insurance | $39,219 |
| All other expenses | $0 |
| Total functional expenses | $593,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629,413 |
| Savings and temporary cash investments | $847,432 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,812,584 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $220,147 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $317,356 |
| Investments—publicly traded securities | $6,188,706 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,015,638 |
| Accounts payable and accrued expenses | $38,070 |
| 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 | $4,712,643 |
| Total liabilities | $4,750,713 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $18,200 |
| Paid-in or capital surplus, or land, building, or equipment fund | $6,210,765 |
| Retained earnings, endowment, accumulated income, or other funds | $2,035,960 |
| Total liabilities and net assets/fund balances | $13,015,638 |
Endowment Analysis
| Beg. Balance | $5,246,907 |
| Earnings | $238,820 |
| Net Contributions | $813,789 |
| Other Expense | $110,810 |
| Ending Balance | $6,188,706 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinelawn Cemetery Farmingdale, NY | $148,871,665 | $44,288,902 |
The Woodlawn Cemetery Bronx, NY | $289,264,337 | $31,058,870 |
Green-Wood Cemetery Brooklyn, NY | $248,405,077 | $23,458,957 |
Kensico Cemetery Valhalla, NY | $290,091,968 | $37,854,382 |
Cypress Hills Cemetery Brooklyn, NY | $82,294,454 | $26,282,418 |
Beth Isreal Cemetery Association Bensalem, PA | $131,465,131 | $13,044,933 |
Cedar Grove Cemetery Association Flushing, NY | $446,925,476 | $46,438,257 |
Montefiore Cemetery Corporation St Albans, NY | $170,636,293 | $20,446,217 |
Ferncliff Cemetery Association Hartsdale, NY | $321,837,368 | $32,920,471 |
Elmont Cemetery Inc Elmont, NY | $157,393,841 | $12,857,507 |
Buffalo City Cemetery Buffalo, NY | $53,373,006 | $10,103,958 |
New Cedar Park Cemetery Westwood, NJ | $108,117,854 | $8,075,200 |