Crescent Memorial Park Inc
- Assets
- $2.9m
- Revenue
- $414.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Pennsauken, NJ
- Founding
- 08/1972
- Data as of
- 05/2024
- EIN
- 22-1828329
Organization Overview
Crescent Memorial Park Inc is located in Pennsauken, NJ. The organization was established in 1972. 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 05/2024, Crescent Memorial Park Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crescent Memorial Park Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 05/2024, Crescent Memorial Park Inc generated $414.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $438.8k during the year ending 05/2024. While expenses have increased by 4.2% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BURIAL PLOTS FOR THE COMMUNITY AS WELL AS BURIAL SERVICES AND MAINTENANCE OF THE BURIAL GROUNDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE BURIAL PLOTS FOR THE COMMUNITY AS WELL AS SERVICES AND MAINTENANCE OF THE BURIAL GROUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Liebman Vice President | OfficerTrustee | 1 | $0 |
Harv Cohen Director | Trustee | 1 | $0 |
Steven Gilbert Secretary | OfficerTrustee | 1 | $0 |
Daniel Wolf Treasurer | OfficerTrustee | 1 | $0 |
Bonni Rubin-Sugarman President | OfficerTrustee | 5 | $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 | $365,690 |
| Investment income | $64,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,457 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $414,821 |
| 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 | $206,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,638 |
| Payroll taxes | $19,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,527 |
| Fees for services: Accounting | $6,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,230 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,717 |
| Office expenses | $10,442 |
| 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 | $21,134 |
| Insurance | $25,420 |
| All other expenses | $14,951 |
| Total functional expenses | $438,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,347 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $1,635 |
| Net Land, buildings, and equipment | $401,224 |
| Investments—publicly traded securities | $674,057 |
| Investments—other securities | $0 |
| Investments—program-related | $1,581,086 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,861,349 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $261,313 |
| 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 | $261,313 |
| Net assets without donor restrictions | $1,264,447 |
| Net assets with donor restrictions | $1,335,589 |
| 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 | $2,861,349 |