Lakeside Cemetery Association is located in Rumford, RI. The organization was established in 1942. 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. Lakeside Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 03/2023, Lakeside Cemetery Association generated $114.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $109.3k during the year ending 03/2023. While expenses have increased by 2.3% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
BURIAL SERVICES - PROVIDE BURIAL SERVICES TO THE PUBLIC, CEMETERY GROUNDS AND PROPERTY MAINTENANCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William P Kelly Vice Preside | 0 | $0 | |
William P Kelly Secretary | 0 | $0 | |
Michael J Seger Treasurer | 40 | $43,000 | |
George L Glover Board Member | 0 | $0 | |
Gregory Scott President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $76,615 |
| Membership dues | $0 |
| Investment income | $8,742 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,005 |
| Total Revenue | $114,167 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,491 |
| Professional fees and other payments to independent contractors | $3,500 |
| Occupancy, rent, utilities, and maintenance | $5,079 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,265 |
| Total expenses | $109,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,743 |
| Other assets | $0 |
| Total assets | $298,546 |
| Total liabilities | $2,631 |
| Net assets or fund balances | $295,915 |