Sherwood Memorial Park Inc

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

EIN: 540377970 ✦ Salem, VA ✦ Designated as a 501(c)(13)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Sherwood Memorial Park Inc?

Sherwood Memorial Park Inc is a not-for-profit organization, primarily serving the Roanoke Valley, Virginia area. Their core activity involves operating and maintaining a memorial-type cemetery, selling burial rights, mausoleum crypts, niches, lawn crypts, various merchandise, and related services. As a compassionate entity, they cater to their customers on both a pre-need and at-need basis, offering flexible credit options primarily within their geographical region. Beyond their business operations, Sherwood Memorial Park is regulated under Virginia law and is committed to serving its community in a manner that respects the sanctity of its customers' memories.


Official website here: www.sherwoodmemorialpark.com

Is Sherwood Memorial Park Inc legitimate?

Sherwood Memorial Park Inc is a legitimate nonprofit organization registered as a 501(c)(13) entity. Sherwood Memorial Park Inc 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: $424,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $309,355

For more financial information, click here


Official website here: www.sherwoodmemorialpark.com

What is the mission statement of Sherwood Memorial Park Inc?

Sherwood Memorial Park Inc. operates and maintains a memorial cemetery, offering burial rights, mausoleum crypts, niches, lawn crypts, and various related services. As a not-for-profit organization, it is regulated under Virginia law. The majority of its customers hail from the Roanoke Valley, Virginia area. Sherwood Memorial Park sells its products and services on both a pre-need and at-need basis and grants credit primarily within this geographic area. The organization is committed to serving its customers, providing them with necessary burial and memorial solutions.


Official website here: www.sherwoodmemorialpark.com

Who is the CEO of Sherwood Memorial Park Inc?

Susan Mini is the Cob/Vice President of Sherwood Memorial Park Inc. The CEO's salary of Sherwood Memorial Park Inc is $159,289 and their total compensation is $163,924.


Official website here: www.sherwoodmemorialpark.com

What is the revenue of Sherwood Memorial Park Inc?

Sherwood Memorial Park Inc's revenue in 2022 was $2,911,409.


Official website here: www.sherwoodmemorialpark.com

Who are the executives of Sherwood Memorial Park Inc and what are their salaries?

The average compensation at Sherwood Memorial Park Inc during 2022 was $40,743. There are 18 employees at Sherwood Memorial Park Inc.


Here are 6 key members and their salaries (Sherwood Memorial Park Inc's CEO's salary is $159,289 and their total compensation is $163,924):


Jean G Taylor (Cob/Vice President)
  • Compensation: $7,320
  • Related: $0
  • Other: $0
Susan Mini (President/Ceo/Treasurer)
  • Compensation: $159,289
  • Related: $0
  • Other: $4,635
Knox L Strube (Corporate Secretary/Office)
  • Compensation: $7,320
  • Related: $0
  • Other: $0
Byron Randy Foley (Director)
  • Compensation: $7,320
  • Related: $0
  • Other: $0
Melanie Bond (Family Service Counselor)
  • Compensation: $122,613
  • Related: $0
  • Other: $0
James Hostetter (Family Service Counselor)
  • Compensation: $112,154
  • Related: $0
  • Other: $3,365


Official website here: www.sherwoodmemorialpark.com

Where can I find the form 990 for Sherwood Memorial Park Inc?

Sherwood Memorial Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sherwoodmemorialpark.com

Learn more at the official website: www.sherwoodmemorialpark.com

Mission Statement of Sherwood Memorial Park Inc

Sherwood Memorial Park Inc, as a not-for-profit organization, is committed to operating and maintaining a memorial-type cemetery. Its primary mission involves selling burial rights, mausoleum crypts, niches, lawn crypts, and various merchandise related to such services. The organization serves a diverse clientele, with the majority of its customers residing in the Roanoke Valley, Virginia area. Sherwood Memorial Park Inc operates on both a pre-need and at-need basis, offering credit to its customers predominantly within this geographical area. The company's mission is to provide a sacred space for individuals and families to honor their loved ones, offering a range of services that cater to their unique needs during the grieving process.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Sherwood Memorial Park Inc has a profound impact on the community by providing essential burial services and a serene resting place for loved ones. By operating and maintaining a memorial cemetery, it fulfills a vital role during sensitive times of loss, offering not only burial rights but also various options like mausoleum crypts, niches, and lawn crypts.

Located in Salem, VA, its services cater primarily to the Roanoke Valley area, ensuring that families have access to compassionate and respectful care as they navigate the grief process. The park's well-maintained grounds offer a peaceful environment for reflection and remembrance, contributing to the emotional and spiritual well-being of the community.

Furthermore, Sherwood Memorial Park's sales of merchandise and related services, including both pre-need and at-need options, provide families with flexibility and support during a difficult time. By granting credit primarily to local customers, Sherwood helps to alleviate financial concerns, enabling individuals to make arrangements that honor the lives of their loved ones without undue burden. Overall, its operational mission solidifies Sherwood Memorial Park Inc’s role as a cornerstone of support and solace in the local community.




This information is meant to be a general summary of Sherwood Memorial Park Inc. 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
$2,911,409 (2022)
Expenses
$1,661,789 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,518,005
  • Program Service Revenue: $601,084
  • Gross Receipts: $15,938,869

Assets and Liabilities:

  • Total Assets: $32,516,964
  • Total Liabilities: $8,238,184
  • Net Assets: $24,278,780

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTERMENTS

Revenue

$482,912

CREMATIONS

Revenue

$105,900

CONTRACT INTEREST

Revenue

$12,272

Organization Details

Founding Year

1928

Principal Officer

Susan Mini

Main Address

PO BOX 30, SALEM, VA, 241530030

NTEE Category

Code: Y50 - Mutual benefit

If you are a representative of Sherwood Memorial Park Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.