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← PERPETUAL CARE TRUST FUND GREENWOOD CEMETERY AS TRUSTEE

Form 990 for tax year 2022

Filed by PERPETUAL CARE TRUST FUND GREENWOOD CEMETERY AS TRUSTEE.

Totals

Total revenue
$6,350,499
Total expenses
$3,417,018
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$244,398
Investment income
$6,106,101
Other revenue
$0
Total assets, end of year
$197,423,716
Total liabilities, end of year
$48,848
Net assets or fund balances, end of year
$197,374,868
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: ENDOWED CARE ADDITIONS

    total $231,243 · related or exempt $231,243

  • 2b · Program service revenue: SERVICES FOR PERPETUAL CARE

    total $13,155 · related or exempt $13,155

  • 3 · Investment income

    total $2,568,261 · related or exempt $49,143 · excluded $2,519,118

  • 7a · Gross sales of assets other than inventory

    securities $9,183,250

  • 7b · Less cost or other basis and sales expenses

    securities $5,645,410

  • 7c · Gain or loss

    securities $3,537,840

  • 7d · Net gain or loss

    total $3,537,840 · related or exempt $32,756 · excluded $3,505,084

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $43,700

  • 11f · Fees: investment management

    total $562,765

  • 13 · Office expenses

    total $77

  • 24a · Other expenses: ALLOCATED EXPENSES

    total $1,926,171

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $883,752

  • 24c · Other expenses: UBIT

    total $341

  • 24d · Other expenses: BAD DEBT

    total $212

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,058,018 · end of year $756,092

  • 2 · Savings and temporary cash investments

    beginning of year $3,181,173 · end of year $8,175,559

  • 11 · Investments: publicly traded securities

    beginning of year $143,031,518 · end of year $119,994,865

  • 12 · Investments: other securities

    beginning of year $84,855,259 · end of year $68,401,594

  • 15 · Other assets

    beginning of year $53,588 · end of year $95,606

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,218 · end of year $6,323

  • 25 · Other liabilities

    beginning of year $31,341 · end of year $42,525

  • 27 · Net assets without donor restrictions

    beginning of year $232,141,997 · end of year $197,374,868

Mission and programs · 2022

Mission

ACCORDING TO THE NYS CEMETERY LAWS, RULES, AND REGULATIONS, EVERY CEMETERY CORPORATION WHICH MAY BE USED FOR BURIALS, SHALL KEEP SEPARATE AND APART FROM ITS OTHER FUNDS FOR THE PERPETUAL CARE AND MAINTENANCE OF ANY LOT, PLOT OR PART THEREOF IN ITS CEMETERY, AND ALL SUCH MONEYS OR PROPERTY SO RECEIVED SHALL BE HELD BY THE CORPORATION AS TRUST FUNDS, KNOWN AS THE PERPETUAL CARE FUND. THE PRINCIPAL OF SUCH FUNDS SHALL BE INVESTED WITHIN REASONABLE TIME AFTER RECEIPT, AND KEPT INVESTED ACCORDINGLY.

Activities or mission (Part I)

THE PERPETUAL CARE AND MAINTENANCE OF ANY LOT, PLOT OR PART THEREOF IN THE GREEN-WOOD CEMETERY.

  • TO PROVIDE PERPETUAL CARE AND MAINTENANCE OF CEMETERY LOTS, PLOT OR OTHER PARTS.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • PETER DAVIDSON

    CHAIRMAN & DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • ADRIAN BENEPE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • ALEXNADRA SWEENEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • BEVIN CLINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • CARLA P SHEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • EARL D WEINER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • JIM ROSSMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • KATHY KERIMAN-LEICHT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • KRYSTYNA HOUSER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • LARK-MARIE ANTON MENCHINI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • LAUREN B CRAMER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • MICHAEL HADDAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • PAYSON COLEMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • REGINA MYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • RONALD G RUSSO ESQ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • RUDY WYNTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • SAM SIFTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • SAMUEL G WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • MICHAEL BROOKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • RICHARD J MOYLAN

    PRESIDENT

    Total calculated
    $215,669
    From this org
    $0
    From related orgs
    $395,977
    Other
    -$180,308
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $310,008 related
    Bonus
    $0 + $18,250 related
    Other
    $0 + $67,719 related
    Deferred
    $0 + -$197,105 related
    Nontaxable benefits
    $0 + $16,797 related
    Filer's total
    $0 + $215,669 related

  • ARLENE BASCOM

    VP & COMPTROLLER

    Total calculated
    $264,702
    From this org
    $0
    From related orgs
    $232,853
    Other
    $31,849
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $203,338 related
    Bonus
    $0 + $5,750 related
    Other
    $0 + $23,765 related
    Deferred
    $0 + $13,372 related
    Nontaxable benefits
    $0 + $18,477 related
    Filer's total
    $0 + $264,702 related

  • ARTHUR PRESSON

    VP OF DESIGN & LANDSCAPE

    Total calculated
    $140,086
    From this org
    $0
    From related orgs
    $159,461
    Other
    -$19,375
    Hours/week
    5 + 40 related

  • LISA ALPERT

    VP. DEVELOPMENT

    Total calculated
    $213,617
    From this org
    $0
    From related orgs
    $150,355
    Other
    $63,262
    Hours/week
    2.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,315 related
    Bonus
    $0 + $5,750 related
    Other
    $0 + $5,290 related
    Deferred
    $0 + $10,597 related
    Nontaxable benefits
    $0 + $52,665 related
    Filer's total
    $0 + $213,617 related

  • ERIC BARNA

    VP OF OPERATIONS

    Total calculated
    $185,176
    From this org
    $0
    From related orgs
    $159,964
    Other
    $25,212
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $143,331 related
    Bonus
    $0 + $8,250 related
    Other
    $0 + $8,383 related
    Deferred
    $0 + $6,735 related
    Nontaxable benefits
    $0 + $18,477 related
    Filer's total
    $0 + $185,176 related

  • SARA DURKACS

    CORPORATE SECRETARY

    Total calculated
    $145,131
    From this org
    $0
    From related orgs
    $137,178
    Other
    $7,953
    Hours/week
    5 + 40 related

  • SONIA BENNETT

    CHIEF ACCOUNTANT

    Total calculated
    $45,336
    From this org
    $0
    From related orgs
    $153,536
    Other
    -$108,200
    Hours/week
    5 + 40 related

  • FRANK MORELLI

    PLANT & FACILITIES MANAGER

    Total calculated
    $41,158
    From this org
    $0
    From related orgs
    $122,836
    Other
    -$81,678
    Hours/week
    5 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
DIRECTORS AND OFFICERS OF THE PERPETUAL CARE FUND ARE COMPENSATED BY A RELATED PARTY, THE GREEN-WOOD CEMETERY. THE FOLLOWING IS THEIR COMPENSATION POLICY. TOP MANAGEMENT AND KEY EMPLOYEE SALARIES ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND BOARD OF TRUSTEES ON AN ANNUAL BASIS TO DETERMINE PERCENTAGE OF INCREASE. THEY USE THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS AND A COMPENSATION SURVEY TO DETERMINE THE AMOUNT OF COMPENSATION. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES AND WAS LAST UNDERTAKEN IN 2022.
FORM 990, PART VII, COLUMN (F) AND SCHEUDLE J, PART II, COLUMN (C):
THESE TWO COLUMNS SHOW THE ACTUARIAL INCREASE OR DECREASE IN THE DEFINED BENEFIT PLAN FOR CALENDAR YEAR 2022.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343199349317884

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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