Form 990 for tax year 2023
Filed by PERPETUAL CARE TRUST FUND GREENWOOD CEMETERY AS TRUSTEE.
Totals
- Total revenue
- $5,669,846
- Total expenses
- $3,556,696
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $290,186
- Investment income
- $5,379,660
- Other revenue
- $0
- Total assets, end of year
- $220,175,959
- Total liabilities, end of year
- $257,090
- Net assets or fund balances, end of year
- $219,918,869
- 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 $286,592 · related or exempt $286,592
-
2b · Program service revenue: SERVICES FOR PERPETUAL CARE
total $3,594 · related or exempt $3,594
-
3 · Investment income
total $4,103,588 · unrelated business $889 · excluded $4,102,699
-
7a · Gross sales of assets other than inventory
securities $7,428,589
-
7b · Less cost or other basis and sales expenses
securities $6,152,517
-
7c · Gain or loss
securities $1,276,072
-
7d · Net gain or loss
total $1,276,072 · unrelated business $6,908 · excluded $1,269,164
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $35,400
-
11f · Fees: investment management
total $568,164
-
13 · Office expenses
total $4,003
-
14 · Information technology
total $1,181
-
24a · Other expenses: ALLOCATED EXPENSES
total $1,902,508
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $1,002,667
-
24c · Other expenses: UBIT
total $42,773
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $756,092 · end of year $519,160
-
2 · Savings and temporary cash investments
beginning of year $8,175,559 · end of year $11,152,094
-
11 · Investments: publicly traded securities
beginning of year $119,994,865 · end of year $136,594,026
-
12 · Investments: other securities
beginning of year $68,401,594 · end of year $71,788,556
-
15 · Other assets
beginning of year $95,606 · end of year $122,123
-
17 · Accounts payable and accrued expenses
beginning of year $6,323 · end of year $5,608
-
25 · Other liabilities
beginning of year $42,525 · end of year $251,482
-
27 · Net assets without donor restrictions
beginning of year $197,374,868 · end of year $219,918,869
Mission and programs · 2023
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 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Peter DavidsonPETER DAVIDSON
CHAIRMAN & DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Adrian BenepeADRIAN BENEPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alexnadra SweeneyALEXNADRA SWEENEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Bevin ClineBEVIN CLINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Carla P ShenCARLA P SHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Earl D WeinerEARL D WEINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Jim RossmanJIM ROSSMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathy Keriman-LeichtKATHY KERIMAN-LEICHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Krystyna HouserKRYSTYNA HOUSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lark-Marie Anton MenchiniLARK-MARIE ANTON MENCHINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lauren B CramerLAUREN B CRAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Malcolm MacKayMALCOLM MACKAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Michael BrooksMICHAEL BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Michael HaddadMICHAEL HADDAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Otis Pratt PearsallOTIS PRATT PEARSALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Payson ColemanPAYSON COLEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Regina MyerREGINA MYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Ronald G Russo EsqRONALD G RUSSO ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rudy WynterRUDY WYNTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Sam SiftonSAM SIFTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Samuel G WhiteSAMUEL G WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Richard J MoylanRICHARD J MOYLAN
PRESIDENT
- Total calculated
- $628,470
- From this org
- $0
- From related orgs
- $406,418
- Other
- $222,052
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $333,942 related
- Bonus
- $0 + $20,000 related
- Other
- $0 + $52,476 related
- Deferred
- $0 + $217,250 related
- Nontaxable benefits
- $0 + $4,802 related
- Filer's total
- $0 + $628,470 related
-
Arlene BascomARLENE BASCOM
VP & COMPTROLLER
- Total calculated
- $263,512
- From this org
- $0
- From related orgs
- $236,136
- Other
- $27,376
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $229,197 related
- Bonus
- $0 + $2,500 related
- Other
- $0 + $4,439 related
- Deferred
- $0 + $3,836 related
- Nontaxable benefits
- $0 + $23,540 related
- Filer's total
- $0 + $263,512 related
-
Arthur PressonARTHUR PRESSON
VP OF DESIGN & LANDSCAPE
- Total calculated
- $248,135
- From this org
- $0
- From related orgs
- $162,868
- Other
- $85,267
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $147,049 related
- Bonus
- $0 + $2,500 related
- Other
- $0 + $13,319 related
- Deferred
- $0 + $60,989 related
- Nontaxable benefits
- $0 + $24,278 related
- Filer's total
- $0 + $248,135 related
-
Lisa AlpertLISA ALPERT
VP. DEVELOPMENT
- Total calculated
- $231,636
- From this org
- $0
- From related orgs
- $166,478
- Other
- $65,158
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $157,592 related
- Bonus
- $0 + $7,500 related
- Other
- $0 + $1,386 related
- Deferred
- $0 + $4,000 related
- Nontaxable benefits
- $0 + $61,158 related
- Filer's total
- $0 + $231,636 related
-
Eric BarnaERIC BARNA
VP OF OPERATIONS
- Total calculated
- $201,484
- From this org
- $0
- From related orgs
- $173,867
- Other
- $27,617
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $162,109 related
- Bonus
- $0 + $7,500 related
- Other
- $0 + $4,258 related
- Deferred
- $0 + $4,077 related
- Nontaxable benefits
- $0 + $23,540 related
- Filer's total
- $0 + $201,484 related
-
Saranne DurkacsSARANNE DURKACS
CORPORATE SECRETARY
- Total calculated
- $161,049
- From this org
- $0
- From related orgs
- $154,626
- Other
- $6,423
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $130,620 related
- Bonus
- $0 + $5,000 related
- Other
- $0 + $19,006 related
- Deferred
- $0 + $3,125 related
- Nontaxable benefits
- $0 + $3,298 related
- Filer's total
- $0 + $161,049 related
-
Sonia BennettSONIA BENNETT
CHIEF ACCOUNTANT
- Total calculated
- $177,094
- From this org
- $0
- From related orgs
- $158,223
- Other
- $18,871
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $131,608 related
- Bonus
- $0 + $2,000 related
- Other
- $0 + $24,615 related
- Deferred
- $0 + $15,756 related
- Nontaxable benefits
- $0 + $3,115 related
- Filer's total
- $0 + $177,094 related
-
Frank MorelliFRANK MORELLI
PLANT & FACILITIES MANAGER
- Total calculated
- $143,062
- From this org
- $0
- From related orgs
- $126,385
- Other
- $16,677
- Hours/week
- 5 + 35 related
-
Jeffrey RichmanJEFFREY RICHMAN
HISTORIAN
- Total calculated
- $155,990
- From this org
- $0
- From related orgs
- $130,323
- Other
- $25,667
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $125,368 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $3,955 related
- Deferred
- $0 + $2,532 related
- Nontaxable benefits
- $0 + $23,135 related
- Filer's total
- $0 + $155,990 related
-
James LoiconoJAMES LOICONO
OPERATIONS MANAGER
- Total calculated
- $143,653
- From this org
- $0
- From related orgs
- $137,584
- Other
- $6,069
- Hours/week
- 5 + 35 related
-
Leszek Jan MasajadaLESZEK JAN MASAJADA
FOREMAN
- Total calculated
- $134,046
- From this org
- $0
- From related orgs
- $128,878
- Other
- $5,168
- Hours/week
- 5 + 35 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 DECEMBER 2023.
- 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 2023.
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.
-
501(C)(13) · THE ORGANIZATION IS A CEMETERY WHICH HAS TAX EXEMPT STATUS · NY
-
THE GREEN-WOOD HISTORIC FUND INC
501(C)(3) · TO PRESERVE AND RESTORE THE CEMETERY'S HISTORIC & CULTURAL PROPERTY · NY
Directly controlled by THE GREEN-WOOD CEMETERY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443209349326914
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.