Elmwood Cemetery Association
- Assets
- $22.5m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 18
- Location
- Detroit, MI
- Founding
- 10/1941
- Data as of
- 12/2021
- EIN
- 38-0517840
Organization Overview
Elmwood Cemetery Association is located in Detroit, MI. The organization was established in 1941. 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 12/2021, Elmwood Cemetery Association employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elmwood Cemetery Association is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Elmwood Cemetery Association generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $4.3m during the year ending 12/2021. While expenses have increased by 10.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE THE CEMETERY OWNED BY THE TRUSTEES OF ELMWOOD CEMETERY, A MICHIGAN NONPROFIT CORPORATION (THE CEMETERY), AS WELL AS OTHER CEMETERIES NOT OWNED BY THE CEMETERY WITH WHICH THE CEMETERY MAY HAVE A CONTRACTUAL OR OTHER INTEREST FROM TIME TO TIME AND WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John S Snyder Treasurertrustee | OfficerTrustee | 1 | $0 |
J Michael Bernard Presidentsecretarytrustee | OfficerTrustee | 1 | $0 |
Lawrence F Sloane Asst Secretary | Officer | 5 | $0 |
Eileen Mccarthy Trustee | Trustee | 1 | $0 |
Francis W Mcmillan II Trustee | Trustee | 1 | $0 |
James Deutchman Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Premier Group Associates Lawn Maintenance | 12/30/21 | $195,961 |
Woods Tree Lawn Service Lawn Maintenance | 12/30/21 | $472,597 |
Lf Sloane Consulting Group Management | 12/30/21 | $287,654 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $2,414,025 |
| Investment income | $614,656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,934,656 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,714,533 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,677,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,403,147 |
| Pension plan accruals and contributions | $65,813 |
| Other employee benefits | $166,111 |
| Payroll taxes | $110,224 |
| Fees for services: Management | $181,830 |
| Fees for services: Legal | $11,331 |
| Fees for services: Accounting | $16,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $141,437 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,632 |
| Office expenses | $59,710 |
| Information technology | $7,619 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $642 |
| Interest | $8,425 |
| Payments to affiliates | $100,000 |
| Depreciation, depletion, and amortization | $185,893 |
| Insurance | $73,190 |
| All other expenses | $413,757 |
| Total functional expenses | $4,341,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,426,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,129,017 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $343,733 |
| Prepaid expenses and deferred charges | $88,561 |
| Net Land, buildings, and equipment | $2,341,942 |
| Investments—publicly traded securities | $16,399,612 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $797,979 |
| Total assets | $22,526,904 |
| Accounts payable and accrued expenses | $667,765 |
| Grants payable | $0 |
| Deferred revenue | $797,979 |
| 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 | $71,045 |
| Unsecured mortgages and notes payable | $220,125 |
| Other liabilities | $0 |
| Total liabilities | $1,756,914 |
| Net assets without donor restrictions | $8,099,392 |
| Net assets with donor restrictions | $12,670,598 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $22,526,904 |
Endowment Analysis
| Beg. Balance | $11,085,547 |
| Earnings | $2,283,635 |
| Admin Expense | $112,556 |
| Other Expense | $586,028 |
| Ending Balance | $12,670,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Park Cemetery Association Inc Indianapolis, IN | $57,549,845 | $13,115,645 |
Lake View Cemetery Association Cleveland, OH | $51,077,565 | $11,550,023 |
Elmwood Cemetery Association Detroit, MI | $22,526,904 | $6,677,870 |
Toledo Memorial Park & Mausoleum Sylvania, OH | $29,699,848 | $3,122,965 |
Woodland Cemetery Assoc Of Dayton Dayton, OH | $43,455,878 | $4,734,488 |
Calvary Cemetery Association Of Dayton Ohio Dayton, OH | $41,468,386 | $5,939,486 |
Crown Hill Cemetery Indianapolis, IN | $75,777,693 | $824,020 |
Springfield Cemetery Springfield, OH | $36,123,052 | $3,991,457 |
Union Cemetery Association Of Clinton Township Columbus, OH | $17,428,047 | $2,875,713 |
Forest Home Cemetery Inc Milwaukee, WI | $9,127,975 | $2,672,979 |
Woodside Cemetery Association Middletown, OH | $23,469,990 | $6,470,841 |
Glendale Cemetery Association Cincinnati, OH | $14,180,572 | $2,544,429 |