Columbia Memorial Park Inc Perpetual Care Trust Fund

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

EIN: 541632623 ✦ Arlington, VA ✦ Designated as a 501(c)(13)

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Overview

What is Columbia Memorial Park Inc Perpetual Care Trust Fund?

Columbia Memorial Park Inc Perpetual Care Trust Fund is a charitable entity established with a commitment to ensuring the perpetual maintenance of Columbia Gardens Cemetery. Situated in Arlington, Virginia, the Trust Fund derives its resources from a 10% contribution of the cemetery's lot sales. Its primary function is to utilize its current net income for the upkeep and upgrades of the cemetery. The Trust Fund serves as a crucial financial support system, ensuring the preservation and maintenance of the cemetery for generations to come.

Is Columbia Memorial Park Inc Perpetual Care Trust Fund legitimate?

Columbia Memorial Park Inc Perpetual Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(13) entity. Columbia Memorial Park Inc Perpetual Care Trust Fund 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: $23,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Columbia Memorial Park Inc Perpetual Care Trust Fund?

The Columbia Memorial Park Inc Perpetual Care Trust Fund is established with the purpose of providing financial support for the perpetual care of the Columbia Gardens Cemetery. The current net income of the trust fund is utilized for the maintenance of the cemetery. The trust fund is endowed through a contribution of 10% of the cemetery's lot sale proceeds. The prior year's net income from the trust fund is distributed to the Columbia Gardens Cemetery to cover the costs of current cemetery maintenance.

Who is the CEO of Columbia Memorial Park Inc Perpetual Care Trust Fund?

William G Murray is the Trustee of Columbia Memorial Park Inc Perpetual Care Trust Fund.

What is the revenue of Columbia Memorial Park Inc Perpetual Care Trust Fund?

Columbia Memorial Park Inc Perpetual Care Trust Fund's revenue in 2023 was $326,063.

Who are the executives of Columbia Memorial Park Inc Perpetual Care Trust Fund and what are their salaries?


There is 1 key member and their salary:


William G Murray (Trustee)
  • Compensation: $18,153
  • Related: $0
  • Other: $0
Where can I find the form 990 for Columbia Memorial Park Inc Perpetual Care Trust Fund?

Columbia Memorial Park Inc Perpetual Care Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Columbia Memorial Park Inc Perpetual Care Trust Fund

Columbia Memorial Park Inc Perpetual Care Trust Fund is dedicated to ensuring the continuous upkeep of the Columbia Gardens Cemetery. This is achieved through the use of the trust fund's current net income. The source of this income is a 10% contribution from the proceeds generated by the sale of cemetery plots. The primary objective of this nonprofit organization is to provide funds for the perpetual care of the cemetery, with the current income being allocated towards the maintenance of the cemetery in its present state.

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Impact




October, 2024

The Columbia Memorial Park Inc Perpetual Care Trust Fund plays a vital role in ensuring the ongoing maintenance and care of the Columbia Gardens Cemetery. Its principal function is to provide financial resources specifically designated for the cemetery's perpetual upkeep. The fund operates by utilizing its current net income to cover the costs associated with maintaining the cemetery, ensuring that it remains a respectful and well-kept resting place for the community.

By distributing the prior year's net income, the trust fund guarantees that the cemetery receives consistent funding for its maintenance needs. This support is crucial not only for the upkeep of the grounds but also for preserving the dignity and tranquility that such spaces provide to families and visitors. The trust is sustained through contributions, specifically 10% of the proceeds from the cemetery's lot sales, thereby fostering a sustainable model for long-term care.

Overall, the impact of the Columbia Memorial Park Inc Perpetual Care Trust Fund is significant, as it enables the cemetery to maintain its operations, uphold its appearance, and serve the community effectively for generations to come.




This information is meant to be a general summary of Columbia Memorial Park Inc Perpetual Care Trust Fund. 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
$326,063 (2023)
Expenses
$170,907 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $160,820
  • Program Service Revenue: $165,243
  • Gross Receipts: $427,565

Assets and Liabilities:

  • Total Assets: $3,638,771
  • Total Liabilities: $0
  • Net Assets: $3,638,771

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Programs

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

PERPETUAL CARE TRUST F

Revenue

$165,243

Organization Details

Founding Year

1985

Principal Officer

William G Murray

Main Address

6045 WILSON BOULEVARD SUITE 300, ARLINGTON, VA, 22205

NTEE Category

Code: Y50 - Mutual benefit

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