Wellsboro Cemetery Company
- Assets
- $1.2m
- Revenue
- $160.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Wellsboro, PA
- Founding
- 12/1940
- Data as of
- 12/2021
- EIN
- 24-0756902
Organization Overview
Wellsboro Cemetery Company is located in Wellsboro, PA. The organization was established in 1940. 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 12/2021, Wellsboro Cemetery Company employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellsboro Cemetery Company is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Wellsboro Cemetery Company generated $160.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $97.2k during the year ending 12/2021. While expenses have increased by 2.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CEMETERY SERVICES AT THE LOWEST POSSIBLE COST TO THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED AND MAINTAINED BURIAL SITES UTILIZED BY THE COMMUNITY AT THE LOWEST POSSIBLE COST. IN ADDITION TO MAINTAINING EXISTING SITES, THE ORGANIZATION SOLD 28 NEW SITES CONTAINING 57 INDIVIDUAL GRAVES AND HAD 31 NEW BURIALS (14 FULL, 0 MAUSOLEUM AND 17 CREMAINS) DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward H Owlett III President | Trustee | 2 | $0 |
Nancy Belfield Bower Board Member | Trustee | 1 | $0 |
Michael Lundgren Board Member | Trustee | 1 | $0 |
Harry Webster III Board Member | Trustee | 1 | $0 |
Kari Mosso Board Member | Trustee | 1 | $0 |
Carol Myers Cacchione Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,380 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,115 |
| Total Program Service Revenue | $24,425 |
| Investment income | $28,520 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,316 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,587 |
| 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 | $34,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,644 |
| Fees for services: Other | $0 |
| Advertising and promotion | $589 |
| Office expenses | $1,907 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,415 |
| 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 | $11,040 |
| Insurance | $3,502 |
| All other expenses | $14,234 |
| Total functional expenses | $97,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183 |
| 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 | $0 |
| Net Land, buildings, and equipment | $248,741 |
| Investments—publicly traded securities | $911,695 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,160,619 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $275,857 |
| Net assets with donor restrictions | $884,762 |
| 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 | $1,160,619 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wellsboro Cemetery Company has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Dunham Family Foundation Wellsboro, PA PURPOSE: DRAINAGE PROJECT | $10,000 |
Edwin And Lottie@hughes Eva Jane Hughes Chilson Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lake View Cemetery Association Cleveland, OH | $51,077,565 | $11,550,023 |
Buffalo City Cemetery Buffalo, NY | $53,373,006 | $10,103,958 |
New Cedar Park Cemetery Westwood, NJ | $108,117,854 | $8,075,200 |
West Laurel Hill Cemetery Co Bala Cynwyd, PA | $73,101,806 | $10,203,790 |
Cemetery Gardens Inc-Washington Memorial Park Mount Sinai, NY | $36,167,072 | $10,640,167 |
Evergreens Cemetery Brooklyn, NY | $242,178,649 | $17,638,026 |
George Washington Memorial Park Cemetery Assn Inc Paramus, NJ | $42,721,013 | $10,002,035 |
Mount Hope Cemetery Association Hastingsonhudson, NY | $101,467,915 | $7,806,939 |
Cedar Park Cemetery Westwood, NJ | $76,173,122 | $6,477,486 |
Clover Leaf Park Cemetery Association Bensalem, PA | $64,984,300 | $5,847,468 |
Beth Moses Cemetery Corp Farmingdale, NY | $63,231,978 | $8,104,051 |
Wellwood Cemetery Association Inc Farmingdale, NY | $65,181,392 | $7,680,386 |