Albright Cemetery Inc
- Assets
- $970.0k
- Revenue
- $309.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Kokomo, IN
- Founding
- 01/1968
- Data as of
- 04/2022
- EIN
- 35-0853933
Organization Overview
Albright Cemetery Inc is located in Kokomo, IN. The organization was established in 1968. 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 04/2022, Albright Cemetery Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albright Cemetery Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 04/2022, Albright Cemetery Inc generated $309.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $223.7k during the year ending 04/2022. While expenses have increased by 5.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE OPERATE A CEMETERY: SELL BURIAL PLOTS, OPEN AND CLOSE GRAVES, AND PREPARE AND INSTALL MARKER FOUNDATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE BURIAL PLOTS AND SERVICES, OPERATING A CEMETERY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodie Querry Secretarytreasurer | OfficerTrustee | 25 | $29,672 |
Gary Stevens Trustee | OfficerTrustee | 10 | $1,000 |
Bill Barnett Vice President | OfficerTrustee | 1 | $0 |
Brett Ellison President | OfficerTrustee | 2 | $0 |
Vernon Hart Trustee | Trustee | 1 | $0 |
Bill Salsberry Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $403 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $403 |
| Total Program Service Revenue | $303,898 |
| Investment income | $1,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,077 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,438 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,672 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,785 |
| Advertising and promotion | $0 |
| Office expenses | $1,284 |
| Information technology | $790 |
| Royalties | $0 |
| Occupancy | $47,756 |
| Travel | $223 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,297 |
| Insurance | $3,514 |
| All other expenses | $150 |
| Total functional expenses | $223,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $577,575 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $392,408 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $969,983 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $969,983 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $969,983 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Park Cemetery Association Inc Indianapolis, IN | $57,549,845 | $13,115,645 |
Cave Hill Cemetery Company Louisville, KY | $67,001,142 | $12,381,029 |
Bellefontaine Cemetery Association St Louis, MO | $166,331,381 | $12,820,734 |
Lexington Cemetery Company Lexington, KY | $150,406,302 | $9,017,874 |
Selected Independent Funeral Homes Lincolnshire, IL | $2,040,365 | $2,457,677 |
Trustees Of The Graceland Cemetery Improvement Fund Chicago, IL | $74,360,927 | $6,555,672 |
Crown Hill Cemetery Indianapolis, IN | $75,777,693 | $824,020 |
Forest Home Cemetery Inc Milwaukee, WI | $9,127,975 | $2,672,979 |
Bohemian National Cemetery Association Chicago, IL | $3,060,921 | $885,707 |
Funeral Service Foundation Inc Brookfield, WI | $12,194,327 | $2,150,777 |
Cremation Association Of North America Wheeling, IL | $1,894,259 | $1,623,825 |
Highland Cemetery Inc Ft Mitchell, KY | $23,478,166 | $5,931,885 |