Mount Elliott Cemetery
- Assets
- $271.8m
- Revenue
- $30.9m
- Investments
- $25.4m
- Employees
- 113
- Location
- Detroit, MI
- Founding
- 05/1942
- Data as of
- 09/2022
- EIN
- 38-0856070
Organization Overview
Mount Elliott Cemetery is located in Detroit, MI. The organization was established in 1942. As of 09/2022, Mount Elliott Cemetery employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Elliott Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 09/2022, Mount Elliott Cemetery generated $30.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $16.7m during the year ending 09/2022. 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
CEMETERY
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE INTERNMENT, ENTOMBMENT AND CREMATION SERVICES TO CHRISTIAN FAMILIES IN THE GREATER DETROIT AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Chilcote General Manager & COO | Officer | 40 | $240,486 |
Francis Oldani Sales Director | 40 | $233,424 | |
Christopher Combs Family Counselor | 40 | $224,530 | |
Joseph Vermeersch CFO | Officer | 40 | $212,765 |
Joann Abbott Family Counselor | 40 | $195,486 | |
Dustin Seog Family Counselor | 40 | $183,521 |
Financial Statements
| 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 | $4,355,998 |
| Investment income | $6,998,046 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,723,093 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,626,369 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,928,211 |
| 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. | $1,403,197 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,411,035 |
| Pension plan accruals and contributions | -$477,976 |
| Other employee benefits | $1,009,292 |
| Payroll taxes | $658,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,650 |
| Fees for services: Accounting | $165,867 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,061 |
| Advertising and promotion | $675,602 |
| Office expenses | $976,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $448,031 |
| Travel | $145,245 |
| 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 | $713,777 |
| Insurance | $220,957 |
| All other expenses | $224,384 |
| Total functional expenses | $16,731,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,379,622 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,029,075 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $59,347,044 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,759,620 |
| Investments—publicly traded securities | $162,449,346 |
| Investments—other securities | $25,437,413 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $445,660 |
| Total assets | $271,847,780 |
| Accounts payable and accrued expenses | $796,485 |
| Grants payable | $0 |
| Deferred revenue | $4,405,630 |
| 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 | $9,759,385 |
| Total liabilities | $14,961,500 |
| Net assets without donor restrictions | $256,886,280 |
| 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 | $271,847,780 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Elliott Cemetery Detroit, MI | $271,847,780 | $30,928,211 |
Cincinnati Catholic Cemetery Society Cincinnati, OH | $13,675,692 | $2,060,378 |
Evergreen Cemetery Assn Fort Atkinson, WI | $2,118,983 | $225,226 |
Glenwood Cemetery Association Warren, MI | $957,885 | $142,422 |
Oakwood Cemetery Beaver Dam, WI | $472,663 | $91,874 |
Maplewood Cemetery Perpetual Care Fund Muncie, IN | $1,592,046 | $140,254 |
Walnut Grove Cemetery Assn Delphos, OH | $519,454 | $90,075 |
Lutheran Cemetery Association Stoughton, WI | $316,332 | $65,647 |
Albright Cemetery Perpetural Care Fund Brooklyn, OH | $1,105,960 | $132,847 |