Gum Springs Cemetery Memorial Trust
- Assets
- $430.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Longview, TX
- Founding
- 06/1984
- Data as of
- 12/2021
- EIN
- 75-6187001
Organization Overview
Gum Springs Cemetery Memorial Trust is located in Longview, TX. The organization was established in 1984. 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. Gum Springs Cemetery Memorial Trust is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Gum Springs Cemetery Memorial Trust generated $41.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $9.6k during the year ending 12/2021. While expenses have increased by 12.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE REVENUE FOR THE GUM SPRINGS CEMETERY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $23,517 |
| Gain or Loss | $17,899 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,416 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,993 |
| Occupancy, rent, utilities, and maintenance | $3,513 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $132 |
| Total expenses | $9,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $379,990 |
| Other assets | $0 |
| Total assets | $429,991 |
| Total liabilities | $0 |
| Net assets or fund balances | $429,991 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Olivet Cemetery Association Fort Worth, TX | $198,668,509 | $14,562,842 |
Llano Cemetery Association Amarillo, TX | $16,655,418 | $4,306,793 |
Glenwood Cemetery Inc Houston, TX | $78,920,060 | $8,030,495 |
Oakwood Cemetery Association Waco, TX | $17,400,419 | $2,668,322 |
Resurrection Memorial Cemetery Inc Oklahoma City, OK | $21,885,678 | $3,461,223 |
Memorial Park Cemetery A Trust Enid, OK | $5,063,640 | $749,441 |
Texas Funeral Directors Assoc Inc Austin, TX | $462,010 | $676,488 |
Rocky Mountain Memorial Parks Houston, TX | $5,225,060 | $530,771 |
Magnolia Cemetery Company Beaumont, TX | $1,589,261 | $618,211 |
Princeton Abbey And Cemetery Inc Houston, TX | -$588,162 | $59,183 |
Isgh Funeral Services Inc Houston, TX | $164,426 | $461,957 |
Angleton Cemetery Association Inc Angleton, TX | $1,047,653 | $687,354 |