Morgan-Cemetery Inc

Organization Overview

Morgan-Cemetery Inc is located in Red Bank, NJ. The organization was established in 2015. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan-Cemetery Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2021, Morgan-Cemetery Inc generated $646.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $423.8k during the year ending 12/2021. While expenses have increased by 0.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CEMETERY LOCATED AT 1100 CINNAMINSON AVE, CINNAMINSON, NJ 08077, SERVED FAMILIES WITH THEIR BURIAL NEEDS AND PROVIDED A VITAL SERVICE TO THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CEMETERY SERVED FAMILIES WITH THEIR BURIAL NEEDS AND PROVIDED A VITAL SERVICE TO THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Louis Cicalese
President
$0
Michael Baratta
Vice President
$0
David Heintz
Trustee
$0
David Jacobs
Trustee
$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$919,537
Investment income $83,628
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 -$374,902
Miscellaneous Revenue$0
Total Revenue $646,211

Endowment Analysis

Beg. Balance$544,237
Earnings$22,572
Admin Expense$18,389
Net Contributions$66,137
Ending Balance$614,557

Peer Organizations

Organization NameAssets
Pinelawn Cemetery
Farmingdale, NY
$44,288,902
The Woodlawn Cemetery
Bronx, NY
$31,058,870
Green-Wood Cemetery
Brooklyn, NY
$23,458,957
Kensico Cemetery
Valhalla, NY
$37,854,382
Cypress Hills Cemetery
Brooklyn, NY
$26,282,418
Beth Isreal Cemetery Association
Bensalem, PA
$13,044,933
Cedar Grove Cemetery Association
Flushing, NY
$46,438,257
Montefiore Cemetery Corporation
St Albans, NY
$20,446,217
Ferncliff Cemetery Association
Hartsdale, NY
$32,920,471
Elmont Cemetery Inc
Elmont, NY
$12,857,507
Buffalo City Cemetery
Buffalo, NY
$10,103,958
New Cedar Park Cemetery
Westwood, NJ
$8,075,200

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