Memorial Park Cemetery A Trust
- Assets
- $5.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Enid, OK
- Founding
- 07/1958
- Data as of
- 12/2023
- EIN
- 73-0351480
Organization Overview
Memorial Park Cemetery A Trust is located in Enid, OK. The organization was established in 1958. 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 12/2023, Memorial Park Cemetery A Trust employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Park Cemetery A Trust is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2023, Memorial Park Cemetery A Trust generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $567.5k during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CEMETERY OPERATION AND PERPETUAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEMETERY OPERATION AND PERPETUAL CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 0.1 | $200 |
Name Not Listed Treasurer | OfficerTrustee | 0.1 | $200 |
Name Not Listed Vice Chairman | OfficerTrustee | 0.1 | $200 |
Name Not Listed Chairman | OfficerTrustee | 0.3 | $200 |
Name Not Listed President | OfficerTrustee | 40 | $75,183 |
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 | $351,918 |
| Investment income | $309,784 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,031 |
| Net Rental Income | $1,000 |
| Net Gain/Loss on Asset Sales | $510,197 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $72,042 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,247,122 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100 |
| 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. | $75,983 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,252 |
| Pension plan accruals and contributions | $6,000 |
| Other employee benefits | $34,084 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,626 |
| Advertising and promotion | $0 |
| Office expenses | $5,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,227 |
| 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 | $29,877 |
| Insurance | $44,593 |
| All other expenses | $488 |
| Total functional expenses | $567,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,028 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,286 |
| 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 | $7,573 |
| Net Land, buildings, and equipment | $965,356 |
| Investments—publicly traded securities | $4,225,102 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $235,925 |
| Total assets | $5,593,270 |
| Accounts payable and accrued expenses | $10,656 |
| 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 | $535,691 |
| Total liabilities | $546,347 |
| 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 | $5,046,923 |
| Total liabilities and net assets/fund balances | $5,593,270 |