Mound Cemetery Association
- Assets
- $1.8m
- Revenue
- $501.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- Dayton, MN
- Founding
- 07/1966
- Data as of
- 12/2022
- EIN
- 41-0844947
Organization Overview
Mound Cemetery Association is located in Dayton, MN. The organization was established in 1966. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mound Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2022, Mound Cemetery Association generated $501.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $396.5k during the year ending 12/2022. While expenses have increased by 7.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION HAS THE EXEMPT PURPOSE OF DISPOSING OF BODIES BY BURIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION HAS THE EXEMPT PURPOSE OF DISPOSING OF BODIES BY BURIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Howe President | OfficerTrustee | 4 | $0 |
Bonita Kline Trustee | Trustee | 0 | $0 |
Bob Mattson Treasurer | OfficerTrustee | 0.5 | $0 |
Ali Howe Secretary | OfficerTrustee | 0 | $0 |
Dan Kantar Trustee | Trustee | 20 | $78,017 |
Stephanie Schuster Trustee | Trustee | 0 | $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 | $528,155 |
| Investment income | $21,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$47,601 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $501,694 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $78,017 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,911 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,721 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,305 |
| Office expenses | $10,483 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $626 |
| 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 | $0 |
| Insurance | $3,428 |
| All other expenses | $27,976 |
| Total functional expenses | $396,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $327,909 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,205 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $325,483 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,088,844 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,774,495 |
| Accounts payable and accrued expenses | $859 |
| 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 | $859 |
| Net assets without donor restrictions | $1,773,636 |
| 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 | $1,774,495 |