Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133582509 ✦ Valhalla, NY ✦ Designated as a 501(c)(13)

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Overview

What is Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee?

Perpetual Care Trust Fund Administered by The Kensico Cemetery as Trustee is a nonprofit organization based in Valhalla, New York. Its primary mission is to provide perpetual care maintenance services as per endowment agreements. These services encompass the upkeep of cemetery lots, including lawn care, monument cleaning, and insurance coverage for mausoleum windows. The fund derives income from endowed lot agreements, which is utilized solely for annual maintenance and administration expenses. The principal of the fund is kept in perpetuity for maintaining the lot, ensuring a higher standard of cemetery care.


Official website here: www.kensico.org

Is Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee legitimate?

Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee is a legitimate nonprofit organization registered as a 501(c)(13) entity. Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kensico.org

What is the mission statement of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee?

The Perpetual Care Trust Fund Administered by The Kensico Cemetery acts as a long-term fund, primarily comprised of contributions from lot owners. The principal of this fund is kept perpetually for the maintenance and upkeep of the designated lots. Income generated from the fund is allocated towards providing a higher standard of maintenance, including tasks such as mowing, trimming, fertilization, and cleaning of monuments, as per the endowment agreements. The primary goal of this fund is to ensure that the endowed lots receive specialized care and maintenance, enhancing the overall appearance and upkeep of the cemetery.


Official website here: www.kensico.org

Who is the CEO of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee?

Matthew G Parisi is the President, Ceo, Counsel & Director of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee. The CEO's salary of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee is $0 and their total compensation is $304,946.


Official website here: www.kensico.org

What is the revenue of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee?

Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee's revenue in 2022 was $1,984,894.


Official website here: www.kensico.org

Who are the executives of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee and what are their salaries?


Here are 19 key members and their salaries (Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee's CEO's salary is $0 and their total compensation is $304,946):


Richard R Weber (Vp & Sales Manager)
  • Compensation: $0
  • Related: $567,909
  • Other: $41,901
Michael J Farmer (Development Manager & Asst Sales Manager)
  • Compensation: $0
  • Related: $341,263
  • Other: $45,745
Peter J Telfer (Salesperson)
  • Compensation: $0
  • Related: $321,254
  • Other: $45,536
Theresa M Doran (Vp, Cfo, Treasurer & Assist. Secretary)
  • Compensation: $0
  • Related: $285,455
  • Other: $31,649
Matthew G Parisi (President, Ceo, Counsel & Director)
  • Compensation: $0
  • Related: $246,852
  • Other: $58,094
Lillian Collado (Salesperson)
  • Compensation: $0
  • Related: $255,922
  • Other: $7,079
Michael H Cook Jr (Vp & Superintendent)
  • Compensation: $0
  • Related: $205,455
  • Other: $56,768
Barbara J Cardany (Salesperson)
  • Compensation: $0
  • Related: $206,745
  • Other: $20,024
Jack Cunha (Deputy Superintendent Of Grounds)
  • Compensation: $0
  • Related: $156,065
  • Other: $66,810
Joaquim C Pedrosa (Deputy Superintendent Of Grounds)
  • Compensation: $0
  • Related: $156,065
  • Other: $48,631
Chester S Day (Chairman Of The Board Until 10/26/2022)
  • Compensation: $0
  • Related: $86,400
  • Other: $0
Raymond M Planell (Chairman As Of 10/27/22, Secretary, Assistant Counsel & Director)
  • Compensation: $0
  • Related: $50,400
  • Other: $0
Richard A Schnall (Vice Chairman)
  • Compensation: $0
  • Related: $50,400
  • Other: $0
Mary Ann Alonso (Director)
  • Compensation: $0
  • Related: $38,400
  • Other: $0
Kevin J Bannon (Director)
  • Compensation: $0
  • Related: $38,400
  • Other: $0
Catherine U Biddle (Director)
  • Compensation: $0
  • Related: $38,400
  • Other: $0
Raymond Lou (Director)
  • Compensation: $0
  • Related: $38,400
  • Other: $0
Elizabeth Payne (Director)
  • Compensation: $0
  • Related: $38,400
  • Other: $0
Howard Weintraub (Director)
  • Compensation: $0
  • Related: $38,400
  • Other: $0


Official website here: www.kensico.org

Where can I find the form 990 for Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee?

Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kensico.org

Learn more at the official website: www.kensico.org

Mission Statement of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee

The Perpetual Care Trust Fund Administered by The Kensico Cemetery as Trustee is a specialized fund, primarily composed of perpetual funds. These funds are intended to support the upkeep and maintenance of endowed lots, ensuring a higher standard of cemetery care. The income generated from these funds is allocated towards special maintenance and upkeep of these endowed lots, including tasks such as mowing, trimming, fertilization, cleaning, and monument restoration. The fund's principal, dedicated in perpetuity, is earmarked solely for the maintenance and care of the lot. In line with the endowment agreement, only the income derived from these funds is utilized for annual maintenance and care of the lot, as well as for administering the fund itself.

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Impact




October, 2024

The Perpetual Care Trust Fund Administered by The Kensico Cemetery as Trustee plays a crucial role in ensuring the lasting care and maintenance of cemetery lots. By providing a commingled fund that gathers resources from lot owners' endowment agreements, it allows for a sustainable model of perpetual maintenance. The income generated from this fund is dedicated specifically to the upkeep of these lots, ensuring that they receive high-quality services such as lawn care, monument cleaning, and other essential maintenance tasks.

This structured approach to cemetery maintenance means that endowed lots benefit from consistent and professional care over the long term, providing peace of mind to lot owners regarding the ongoing upkeep of their loved ones' resting places. The fund’s commitment to using only the income earned for maintenance ensures that the principal remains intact and continues to generate resources for future generations.

Ultimately, the impact of the Perpetual Care Trust Fund extends beyond mere maintenance; it upholds the dignity and respect owed to the deceased while fostering a beautiful and well-kept environment for visitors and family members alike. Through its mission, it exemplifies a model of care that prioritizes sustainability and excellence in cemetery management.




This information is meant to be a general summary of Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,984,894 (2022)
Expenses
$1,325,256 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,807,535
  • Program Service Revenue: $177,359
  • Gross Receipts: $31,329,541

Assets and Liabilities:

  • Total Assets: $60,590,594
  • Total Liabilities: $238,951
  • Net Assets: $60,351,643

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Endowments Received

Revenue

$177,359

Organization Details

Founding Year

1899

Principal Officer

Matthew G Parisi

Main Address

PO Box 7, Valhalla, NY, 10595

NTEE Category

Code: Y50 - Mutual benefit

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