Salem Cemetery Association
- Assets
- $269.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Salem, OH
- Founding
- 08/1945
- Data as of
- 05/2024
- EIN
- 34-0506000
Organization Overview
Salem Cemetery Association is located in Salem, OH. The organization was established in 1945. 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 05/2024, Salem Cemetery Association employed 6 individuals. 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 05/2024, Salem Cemetery Association generated $151.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $169.5k during the year ending 05/2024. While expenses have increased by 2.3% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
COMMUNITY CEMETERY--BURIALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Jones Committee Chair/trustee | 0 | $0 | |
Tw Wright Secretary | 32 | $34,796 | |
Frank Zamarelli Trustee | 0 | $0 | |
Matthew Yerkey President | 0 | $0 | |
Joseph Centofanti Trustee | 0 | $0 | |
Karen Carter Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,132 |
| Total Program Service Revenue | $104,432 |
| Membership dues | $0 |
| Investment income | $43,872 |
| Gain or Loss | $1,184 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,796 |
| Professional fees and other payments to independent contractors | $4,802 |
| Occupancy, rent, utilities, and maintenance | $77,711 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,174 |
| Total expenses | $169,483 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,142 |
| Other assets | $0 |
| Total assets | $269,551 |
| Total liabilities | $2,212 |
| Net assets or fund balances | $267,339 |