Proprietors Of Swan Point Cemetery

Organization Overview

Proprietors Of Swan Point Cemetery is located in Providence, RI. The organization was established in 1934. 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 12/2018, Proprietors Of Swan Point Cemetery employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proprietors Of Swan Point Cemetery is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2019, Proprietors Of Swan Point Cemetery generated $8.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE CEMETERY AND CREMATION SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE CEMETERY AND CREMATION SERVICES AND TO ACTIVELY PRESERVE AND MAINTAIN THE ESTATE, INCLUDING THE PROVISION OF PERPETUAL CARE (MAINTENANCE) TO LOTS, CRYPTS, AND NICHES.


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Board, Officers & Key Employees

Name (title)Compensation
Anthony W Hollingshead
President
$168,543
Rex B Morris
Treasurer & CFO
$109,872
William G Caldwell
Secretary
$72,243
Mr Thomas Pi Goddard
Chairman
$49,000
Dr H Denman Scott
Director
$9,500
Mr Thomas F Woodhouse
Director
$9,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lombardi Construction
Buildings & Masonary, Structural Repairs
$122,225
Ribi Security
Grounds Security
$108,554
North-eastern Tree Services
Tree Pruning & Removals
$136,890
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $2,429,344
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,555,410
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,811,322

Endowment Analysis

Beg. Balance$94,394,041
Earnings-$6,352,599
Other Expense$1,540,214
Ending Balance$86,501,228

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