The Verona Cemetery is located in Oakmont, PA. As of 01/2024, Verona Cemetery employed 3 individuals. Verona Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 01/2024, Verona Cemetery generated $141.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $213.1k during the year ending 01/2024. 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
THE CEMETERY WAS ESTABLISHED BY NEARBY RESIDENTS FOR THE PURPOSE OF PROVIDING BURIAL SPACE TO ANY PERSON REGARDLESS OF RELIGION OR RACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATIVE, LOAN & INVESTMENT EXPENSES
OPEN AND CLOSE GRAVES FOR BURIALS.
MAINTENANCE OF CEMETERY GROUNDS
ASSISTING CUSTOMERS IN CHOOSING GRAVESITES, DEED PREP, GRAVE MARKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Foster Board Member | Trustee | 0 | $0 |
Mark Donato Board Member | Trustee | 0 | $0 |
Matt Wimer Board Member | Trustee | 0 | $0 |
Gregg Loeffler Board Member | Trustee | 0 | $0 |
Frank A Bonaroti Board Member | Trustee | 0 | $0 |
Russ Truby Vice President | Officer | 0.2 | $0 |
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 | $134,984 |
Investment income | $4,789 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,437 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $141,359 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $500 |
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 | $72,160 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,268 |
Payroll taxes | $9,777 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,050 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,524 |
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 | $41,492 |
Insurance | $11,643 |
All other expenses | $10,642 |
Total functional expenses | $213,065 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $139,793 |
Savings and temporary cash investments | $12,338 |
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 | $2,250 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,216,851 |
Investments—publicly traded securities | $110,113 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,481,345 |
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 | $0 |
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 | $1,481,345 |
Total liabilities and net assets/fund balances | $1,481,345 |