Scandinavian Cemetery Association is located in Rockford, IL. The organization was established in 1940. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2023, Scandinavian Cemetery Association employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scandinavian Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 10/2023, Scandinavian Cemetery Association generated $554.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $693.9k during the year ending 10/2023. While expenses have increased by 3.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SCANDINAVIAN CEMETERY ASSOCIATION WAS ORGANIZED TO OWN, OPERATE AND MAINTAIN A CEMETERY I ROCKFORD, ILLINOIS, WITH THE COMMITMENT TO PRESERVE AND HONOR THE HERITAGE OF THE PAST, SERVE AND RESPECT THE NEEDS OF THE PRESENT, AND PROVIDE A LEGACY FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEMETERY SERVICES RALATED TO LOT SALES AND INTERMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Agnitsch Vice Preside | OfficerTrustee | 2 | $0 |
Jane Burden Trustee | Trustee | 2 | $0 |
Jon Carlson President | OfficerTrustee | $0 | |
Lucas R Derry Trustee | Trustee | 2 | $0 |
Erick Haglund Treasurer | OfficerTrustee | 2 | $0 |
Beth Kenagy Secretary | OfficerTrustee | 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 | $305,789 |
Investment income | $204,181 |
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 | $44,567 |
Miscellaneous Revenue | $0 |
Total Revenue | $554,537 |
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 | $335,831 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $55,588 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,935 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,015 |
Office expenses | $17,267 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $61,641 |
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 | $58,058 |
Insurance | $58,972 |
All other expenses | $12,920 |
Total functional expenses | $693,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $39,174 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $40,760 |
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 | $4,136 |
Net Land, buildings, and equipment | $193,399 |
Investments—publicly traded securities | $1,180,876 |
Investments—other securities | $1,497,253 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $489,000 |
Total assets | $3,444,598 |
Accounts payable and accrued expenses | $31,622 |
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 | $489,000 |
Total liabilities | $520,622 |
Net assets without donor restrictions | $2,923,976 |
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 | $0 |
Total liabilities and net assets/fund balances | $3,444,598 |