Memorial Cemetery Association Inc
- Assets
- $5.6m
- Revenue
- $204.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Fremont, NE
- Founding
- 01/2002
- Data as of
- 05/2024
- EIN
- 47-0842973
Organization Overview
Memorial Cemetery Association Inc is located in Fremont, NE. The organization was established in 2002. 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 05/2024, Memorial Cemetery Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Cemetery Association Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 05/2024, Memorial Cemetery Association Inc generated $204.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $269.5k during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CEMETARY GRAVES AND HEADSTONES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEMETARY GRAVES AND HEADSTONES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Christensen Director | Trustee | $0 | |
Allen Emken Director | OfficerTrustee | $0 | |
Douglas Hartmann Director | Trustee | $0 | |
Brad Holtorf Director | OfficerTrustee | $0 | |
Steve Hull Director | OfficerTrustee | $0 | |
Lee Paden Director | Trustee | $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 | $8,579 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,579 |
| Total Program Service Revenue | $0 |
| Investment income | $75,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$95,443 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $215,326 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,413 |
| 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 | $128,747 |
| Pension plan accruals and contributions | $3,670 |
| Other employee benefits | $0 |
| Payroll taxes | $11,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,146 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $23,739 |
| Total functional expenses | $269,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,802 |
| Savings and temporary cash investments | $372,617 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,457 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,005,630 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $714,916 |
| Investments—publicly traded securities | $2,496,197 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,613,619 |
| Accounts payable and accrued expenses | $1,308 |
| 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 | $840 |
| Total liabilities | $2,148 |
| Net assets without donor restrictions | $0 |
| 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 | $5,611,471 |
| Total liabilities and net assets/fund balances | $5,613,619 |