Cherry Grove Memorial Fund Inc is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cherry Grove Memorial Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cherry Grove Memorial Fund Inc generated $42.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $14.5k during the year ending 12/2021. While expenses have increased by 4.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION IS DEVOTED TO THE MAINTENANCE, IMPROVEMENT AND BEAUTIFICATION OF GOVERNMENTALLY AND COMMUNITY OWNED PROPERTY IN CHERRY GROVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Schack President | 1 | $0 | |
Evelyn Danko Treasurer | 1 | $0 | |
Lucille Flora Director | 0.25 | $0 | |
Ron King Director | 0.25 | $0 | |
Al Wolff Director | 0.25 | $0 | |
Paul Steven Williams Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,415 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $23,367 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $42,782 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,989 |
Total expenses | $14,489 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $402,578 |
Other assets | $0 |
Total assets | $402,578 |
Total liabilities | $0 |
Net assets or fund balances | $402,578 |
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