Greenwood Prairie Burial Association
- Assets
- $500.8k
- Revenue
- $373.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Elgin, MN
- Founding
- 01/1943
- Data as of
- 05/2023
- EIN
- 41-0288405
Organization Overview
Greenwood Prairie Burial Association is located in Elgin, MN. The organization was established in 1943. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 05/2023, Greenwood Prairie Burial Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Prairie Burial Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 05/2023, Greenwood Prairie Burial Association generated $373.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $377.9k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. 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 ASSOCIATION PROVIDES FUNERAL SERVICES WITH FACILITIES LOCATED IN PLAINVIEW AND EYOTA, MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES FUNERAL SERVICES WITH FACILITIES LOCATED IN PLAINVIEW AND EYOTA, MINNESOTA.
THE ASSOCIATION PROVIDES FUNERAL SERVICES WITH FACILITIES LOCATED IN PLAINVIEW AND EYOTA, MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Young President | OfficerTrustee | 2.5 | $400 |
Ben Neumann Financial Se | OfficerTrustee | 3 | $375 |
James Nigon Recording Se | OfficerTrustee | 1.5 | $200 |
Robert Lovejoy Board Member | Trustee | 1 | $187 |
Nancy Boettcher Board Member | Trustee | 1 | $0 |
Peggy Ching Board Member | Trustee | 1 | $0 |
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 | $372,779 |
| Investment income | $534 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $373,313 |
| 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 | $0 |
| Other salaries and wages | $1,162 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $96 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,235 |
| Office expenses | $240 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,029 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,167 |
| All other expenses | $658 |
| Total functional expenses | $377,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $143,324 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $53,637 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $280,527 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $500,813 |
| Accounts payable and accrued expenses | $26 |
| 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 | $26 |
| Net assets without donor restrictions | $500,787 |
| 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 | $500,813 |