Memorial Cemetery Incorporated is located in Shawboro, NC. The organization was established in 1988. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Cemetery Incorporated is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2022, Memorial Cemetery Incorporated generated $11.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $15.8k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 4 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
CEMETERY OPERATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Garrett Director,chairman | 0 | $0 | |
Bobby Bell Director | 0 | $0 | |
Joyce Breiner Director,secretary | 0 | $0 | |
Eldon L Miller III Director | 5 | $2,400 | |
Hank Harrelson Director | 0 | $0 | |
Wally Davis Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $837 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,406 |
| Total Revenue | $11,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,075 |
| Professional fees and other payments to independent contractors | $435 |
| Occupancy, rent, utilities, and maintenance | $9,150 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,102 |
| Total expenses | $15,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,685 |
| Other assets | $0 |
| Total assets | $298,035 |
| Total liabilities | $48,905 |
| Net assets or fund balances | $249,130 |