Green Mount Cemetery Corporation
- Assets
- $151.6m
- Revenue
- $16.2m
- Investments
- $21.4m
- Employees
- 10
- Location
- Baltimore, MD
- Founding
- 08/1934
- Data as of
- 11/2023
- EIN
- 52-0336750
Organization Overview
Green Mount Cemetery Corporation is located in Baltimore, MD. The organization was established in 1934. 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 11/2023, Green Mount Cemetery Corporation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Mount Cemetery Corporation is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 11/2023, Green Mount Cemetery Corporation generated $16.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $2.0m during the year ending 11/2023. While expenses have increased by 5.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A NON-PROFIT CEMETERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OR IMPROVEMENT OF THE CEMETERY AND THE CARE OF THE GRAVE LOTS THEREIN CONTAINED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter R Fenwick Vice President | OfficerTrustee | 1.5 | $11,800 |
Edward K Dunn III Director | Trustee | 1.5 | $4,200 |
J Doorsey Brown III Treasurer | OfficerTrustee | 1.5 | $0 |
Sherlock S Gillet Jr Director | Trustee | 1.5 | $4,800 |
Thomas Ed Millspaugh Director | Trustee | 1.5 | $4,800 |
Samuel R Moore President | OfficerTrustee | 3 | $22,800 |
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 | $17,739 |
| Investment income | $2,044,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,138,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,200,810 |
| 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. | $45,085 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $448,176 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $18,208 |
| Other employee benefits | $57,437 |
| Payroll taxes | $47,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,363 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $462,746 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,373 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $214,756 |
| Insurance | $56,113 |
| All other expenses | $170,062 |
| Total functional expenses | $2,029,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,756 |
| Savings and temporary cash investments | $6,081,334 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $934 |
| 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 | $4,048,523 |
| Investments—publicly traded securities | $114,901,864 |
| Investments—other securities | $21,400,267 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,531,001 |
| Total assets | $151,566,679 |
| Accounts payable and accrued expenses | $68,091 |
| 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 | $68,091 |
| Net assets without donor restrictions | $151,498,588 |
| Net assets with donor restrictions | $0 |
| 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 | $151,566,679 |
Grants Awarded
Over the last fiscal year, Green Mount Cemetery Corporation has awarded $28,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNT VERNON PLACE CONSERVANCY INC PURPOSE: GENERAL SUPPORT | $5,300 |
NATURE SACRED PURPOSE: GENERAL SUPPORT | $10,300 |
SANT IGNATIUS LOYOLA ACADEMY PURPOSE: GENERAL SUPPORT | $12,900 |