Ridgewood Cemetery Association
- Assets
- $6.3m
- Revenue
- $930.8k
- Investments
- $0.0
- Employees
- 9
- Location
- North Andover, MA
- Founding
- 01/1924
- Data as of
- 04/2024
- EIN
- 04-1774040
Organization Overview
Ridgewood Cemetery Association is located in North Andover, MA. The organization was established in 1924. 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 04/2024, Ridgewood Cemetery Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgewood Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 04/2024, Ridgewood Cemetery Association generated $930.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $728.0k during the year ending 04/2024. 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
RIDGEWOOD CEMETERY IS A PRIVATE NOT-FOR-PROFIT CEMETERY SERVING FAMILIES REPRESENTING ALL RELIGIONS, CULTURES AND WALKS OF LIFE IN A TRADITION OF COMPASSION, INTEGRITY AND EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RIDGEWOOD CEMETERY ASSOCIATION (RCA) OPERATES A FULL SERVICE CEMETERY, INCLUDING GRAVE LOT SALES AND INTERMENTS. RCA ALSO OVERSEES THE CARE, MAINTENANCE, RESTORATION AND PRESERVATION OF THE CEMETERY AND THEIR COLLECTIONS, A PORTION OF WHICH IS FUNDED THROUGH COMMUNITY PRESERVATION GRANTS FROM THE TOWN OF NORTH ANDOVER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Pelich President | OfficerTrustee | 5 | $0 |
James Lafond Vice President | OfficerTrustee | 3 | $0 |
Bradford Wakeman Treasurer | OfficerTrustee | 1 | $0 |
Robert Atwood Clerk | OfficerTrustee | 1 | $0 |
Benjamin Farnum Trustee | Trustee | 1 | $0 |
David Rand Trustee | Trustee | 1 | $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 | $491,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $491,264 |
| Total Program Service Revenue | $407,300 |
| Investment income | $42,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,393 |
| Net Gain/Loss on Asset Sales | -$3,230 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $930,769 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,000 |
| 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. | $101,378 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,299 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,541 |
| Payroll taxes | $26,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,470 |
| Fees for services: Other | $3,244 |
| Advertising and promotion | $1,100 |
| Office expenses | $27,370 |
| Information technology | $5,255 |
| Royalties | $0 |
| Occupancy | $7,925 |
| Travel | $12,417 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,452 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $123,031 |
| Insurance | $17,321 |
| All other expenses | $8,150 |
| Total functional expenses | $727,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,273 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,825 |
| Accounts receivable, net | $34,080 |
| 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 | $3,704 |
| Net Land, buildings, and equipment | $3,957,536 |
| Investments—publicly traded securities | $1,806,450 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $209,316 |
| Total assets | $6,252,184 |
| Accounts payable and accrued expenses | $131,778 |
| 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 | $422,194 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,990 |
| Total liabilities | $563,962 |
| Net assets without donor restrictions | $5,425,270 |
| Net assets with donor restrictions | $262,952 |
| 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 | $6,252,184 |