Fairhope Colony Cemetery Fund is located in Fairhope, AL. The organization was established in 1978. 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. Fairhope Colony Cemetery Fund is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2022, Fairhope Colony Cemetery Fund generated $43.3k 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 $30.7k during the year ending 12/2022. While expenses have increased by 2.2% 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
TO MAINTAIN CEMETERY LOCATED IN FAIRHOPE, AL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Ferniany Trustee | 0.25 | $0 | |
Teresa Watkins Trustee | 3 | $0 | |
Charles Jackson Trustee | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,280 |
| Total Revenue | $43,281 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $960 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,046 |
| Total expenses | $30,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,904 |
| Other assets | $0 |
| Total assets | $119,654 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,654 |