Cherry Grove Memorial Fund Inc is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cherry Grove Memorial Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cherry Grove Memorial Fund Inc generated $20.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $18.0k during the year ending 12/2022. While expenses have increased by 9.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZATION IS DEVOTED TO THE MAINTENANCE, IMPROVEMENT AND BEAUTIFICATION OF GOVERNMENTALLY AND COMMUNITY OWNED PROPERTY IN CHERRY GROVE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Schack President | 1 | $0 | |
Evelyn Danko Treasurer | 1 | $0 | |
Lucille Flora Director | 0.25 | $0 | |
Ron King Director | 0.25 | $0 | |
Al Wolff Director | 0.25 | $0 | |
Paul Steven Williams Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,666 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,590 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,256 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,550 |
| Total expenses | $18,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $393,505 |
| Other assets | $0 |
| Total assets | $393,505 |
| Total liabilities | $0 |
| Net assets or fund balances | $393,505 |