The Verona Cemetery is located in Oakmont, PA. Verona Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 01/2022, Verona Cemetery generated $247.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $309.1k during the year ending 01/2022. While expenses have increased by 2.8% 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
2022
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
MAINTENANCE OF CEMETERY GROUNDS
ASSISTING CUSTOMERS IN CHOOSING GRAVESITES, DEED PREP, GRAVE MARKERS.
OPEN AND CLOSE GRAVES FOR BURIALS.
ADMINISTRATIVE, LOAN & INVESTMENT EXPENSES
MAINTENANCE OF CEMETERY GROUNDS
ASSISTING CUSTOMERS IN CHOOSING GRAVESITES, DEED PREP, GRAVE MARKERS.
OPEN AND CLOSE GRAVES FOR BURIALS.
ADMINISTRATIVE, LOAN & INVESTMENT EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Russ Truby Vice President | Officer | 0.2 | $0 |
Helen Crawford Secretary | Officer | 0.3 | $0 |
Meg L Burkardt President | Officer | 1.3 | $0 |
Tom Parkins Treasurer | Officer | 5 | $0 |
Mark Donato Board Member | Trustee | 0 | $0 |
Jane Foster Board Member | Trustee | 0 | $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 | $120,629 |
Investment income | $13,178 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $113,448 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $247,255 |
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 | $99,900 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,640 |
Payroll taxes | $18,617 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,641 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,909 |
Fees for services: Other | $17,155 |
Advertising and promotion | $0 |
Office expenses | $1,710 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,424 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $19,977 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $45,692 |
Insurance | $11,934 |
All other expenses | $7,414 |
Total functional expenses | $309,083 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $222,429 |
Savings and temporary cash investments | $45,686 |
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 | $1,301,366 |
Investments—publicly traded securities | $473,421 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,045,152 |
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 | $244,818 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $244,818 |
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 | $1,800,334 |
Total liabilities and net assets/fund balances | $2,045,152 |
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