Palacios Cemetery Association
- Assets
- $181.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palacios, TX
- Founding
- 06/1956
- Data as of
- 12/2021
- EIN
- 74-1459700
Organization Overview
Palacios Cemetery Association is located in Palacios, TX. The organization was established in 1956. 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. Palacios 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, Palacios Cemetery Association generated $69.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $57.0k during the year ending 12/2021. While expenses have increased by 4.9% 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDECEMETERYSPACESFORACOMMUNITYOFAPPROXIMATELY5100RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wanda Johnson Sec Treas | 10 | $9,600 | |
Kevin Harvey Vice-President | 1 | $7,855 | |
Roy Carlton Sexton Board Member | 1 | $2,075 | |
Cathy Hunter President | 1 | $0 | |
Homer Aparicio Jr Board Member | 1 | $0 | |
James R Milam Jr Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $240 |
| Total Program Service Revenue | $65,345 |
| Membership dues | $0 |
| Investment income | $3,830 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $125 |
| Total Revenue | $69,540 |
| 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 | $10,260 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $196 |
| Other expenses | $46,511 |
| Total expenses | $56,967 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,125 |
| Other assets | $0 |
| Total assets | $181,855 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,855 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Olivet Cemetery Association Fort Worth, TX | $198,668,509 | $14,562,842 |
Llano Cemetery Association Amarillo, TX | $16,655,418 | $4,306,793 |
Glenwood Cemetery Inc Houston, TX | $78,920,060 | $8,030,495 |
Oakwood Cemetery Association Waco, TX | $17,400,419 | $2,668,322 |
Resurrection Memorial Cemetery Inc Oklahoma City, OK | $21,885,678 | $3,461,223 |
Memorial Park Cemetery A Trust Enid, OK | $5,063,640 | $749,441 |
Texas Funeral Directors Assoc Inc Austin, TX | $462,010 | $676,488 |
Rocky Mountain Memorial Parks Houston, TX | $5,225,060 | $530,771 |
Magnolia Cemetery Company Beaumont, TX | $1,589,261 | $618,211 |
Princeton Abbey And Cemetery Inc Houston, TX | -$588,162 | $59,183 |
Isgh Funeral Services Inc Houston, TX | $164,426 | $461,957 |
Angleton Cemetery Association Inc Angleton, TX | $1,047,653 | $687,354 |