Wellwood Cemetery Association Inc

The information for Wellwood Cemetery Association Inc is as of the organization's most recent filing in October 2020. This organization is located in Farmingdale, NY. It has been in existence for 80 years, following its founding in 1940.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Wellwood Cemetery Association Inc's NTEE code is Y50. The "Y" tells us that the organization is classified along with Mutual & Membership Benefit Organizations. The "50" tells us that the organization is a Cemeteries organization. The NTEE describes Cemeteries as organizations that maintain cemeteries, or provide burial or funeral services for charitable purposes and is used primarily for organizations exempt from federal taxes under 501(c)(13) of the Internal Revenue Code.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(13) organization. The IRS describes these organizations as those engaged in Cemetery Companies work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Wellwood Cemetery Association Inc is to own and operate a non-profit cemetery for the benefit of plot owners.

Program Areas

Program Area 1: The maintenance of cemetery, the sale of graves, the sale of grave care, and the burial of the deceased are the program services provided by the expenditures in Part IX.

Program Area 2: The organization provides the program services of cemetery maintenance, the sale of graves and grave care, and the burial of the deceased with the expenditures in Part IX.

Organization Staffing

Wellwood Cemetery Association Inc is run by David Auerbach, who is the President/director. The organization has 72 employees, of whom three are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Wellwood Cemetery Association Inc is well-governed, with five voting members and four independent members. The organization does not have any potential conflicts of interest and has not delegated management to an outside firm. Board and committee meetings are documented, and the organization has a conflict of interest policy and a written whistleblower policy. It also has a document retention policy and provides copies of the 990 to the board prior to filing. However, the organization does not substantiate and review leadership or officer's salaries. This is an indication that the organization is taking the necessary steps to ensure that it is well-governed and transparent.

Organization Growth

The Wellwood Cemetery Association Inc has experienced overall growth over the time period from 2014 to 2019. Program Service Revenue and Other Revenue both increased, and the number of employees employed by the Association also increased. Investment Income decreased over this period, but Total Revenue, Employee Salaries, and Total Expenses all increased. This indicates that the Wellwood Cemetery Association Inc has grown over the past five years.