The Salem Cemetery Association
- Assets
- $176.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, NJ
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 21-0554485
Organization Overview
The Salem Cemetery Association is located in Salem, NJ. The organization was established in 2016. 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. Salem Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2022, Salem Cemetery Association generated $53.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $49.1k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Magill Treasurer | 0 | $0 | |
John J Elk President | 0 | $0 | |
Douglas L Hogate Secretary | 0 | $0 | |
Susan K Parker Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,100 |
| Total Program Service Revenue | $27,889 |
| Membership dues | $0 |
| Investment income | $6,876 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,865 |
| 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 | $440 |
| Occupancy, rent, utilities, and maintenance | $2,603 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,034 |
| Total expenses | $49,077 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,861 |
| Other assets | $0 |
| Total assets | $176,625 |
| Total liabilities | $11,910 |
| Net assets or fund balances | $164,715 |