Funeral Directors Assn Of Kentucky is located in Frankfort, KY. The organization was established in 1945. 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. Funeral Directors Assn Of Kentucky is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Funeral Directors Assn Of Kentucky generated $278.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $270.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEMBER SERVICES, RESOURCES, PROFESSIONAL DEVELOPMENT, AND LEADERSHIP FOR THE BENEFIT OF KENTUCKY FUNERAL DIRECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCATION CONDUCTS CONVENTIONS AND CONFERENCES TO EDUCATE ITS MEMBERS ON CURRENT TOPICS AND PRACTICES WHICH AFFECT THE FUNERAL INDUSTRY. APPROXIMATELY 493 AND 223 INDIVIDUALS PARTICIPATED IN THE ANNUAL CONVENTION AND MID-WINTER CONFERENCE, RESPECTIVELY.
CONTINUING EDUCATION MEETINGS TO EDUCATE ITS MEMBERS ON CURRENT TOPICS AND PRACTICES WHICH AFFECT THE FUNERAL INDUSTRY. APPROXIMATELY 163, 172, AND 40 INDIVIDUALS ATTENDED THE VIRTUAL, IN PERSON CLASSES, AND VIRTUAL EXAM REVIEW, RESPECTIVELY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marty Jones Immediate Past President | Officer | 1 | $0 |
David West Nfda Policy Board | Officer | 1 | $0 |
Rob Riley Chairman Of The Board | Officer | 1 | $0 |
Grant Bolt President | Officer | 1 | $0 |
W Sidney Fogle Executive Director | Officer | 17.5 | $0 |
Wesley Rominger President-Elect | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $97,268 |
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 | $97,268 |
Total Program Service Revenue | $158,632 |
Investment income | $22,420 |
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 | $278,320 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $350 |
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 | $12,000 |
Fees for services: Legal | $33,526 |
Fees for services: Accounting | $7,470 |
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 | $21,412 |
Information technology | $5,045 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,715 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $161,814 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,308 |
All other expenses | $0 |
Total functional expenses | $270,083 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $206,225 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,813 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $625 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,132,620 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,341,283 |
Accounts payable and accrued expenses | $7,847 |
Grants payable | $0 |
Deferred revenue | $29,110 |
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 | $36,957 |
Net assets without donor restrictions | $1,304,326 |
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 | $1,341,283 |
Organization Name | Assets | Revenue |
---|---|---|
Washington Park Cemetery Association Inc Indianapolis, IN | $57,549,845 | $13,115,645 |
Lake View Cemetery Association Cleveland, OH | $51,077,565 | $11,550,023 |
Cave Hill Cemetery Company Louisville, KY | $67,001,142 | $12,381,029 |
Bellefontaine Cemetery Association St Louis, MO | $166,331,381 | $12,820,734 |
Heritage Family Cemetery Inc Johnson City, TN | $5,676,861 | $3,825,994 |
Lexington Cemetery Company Lexington, KY | $150,406,302 | $9,017,874 |
Hollywood Cemetery Company Richmond, VA | $75,373,663 | $7,154,053 |
Toledo Memorial Park & Mausoleum Sylvania, OH | $29,699,848 | $3,122,965 |
National Association Of Cemeteries Sterling, VA | $15,757,973 | $3,923,939 |
Woodland Cemetery Assoc Of Dayton Dayton, OH | $43,455,878 | $4,734,488 |
Calvary Cemetery Association Of Dayton Ohio Dayton, OH | $41,468,386 | $5,939,486 |
Selected Independent Funeral Homes Lincolnshire, IL | $2,040,365 | $2,457,677 |