Overview
What is Spring Hill Cemetery Combined Endowment Fund Inc?
Spring Hill Cemetery Combined Endowment Fund Inc is a nonprofit organization established for the perpetual maintenance of the Spring Hill Cemetery in Charleston, West Virginia. The fund's primary function is to reinvest its earnings and provide the necessary income to the city's operating commission for the upkeep and care of the cemetery. As per Internal Revenue Code Section 170(B)(1)(A)(V), the organization supports community cemeteries, ensuring the preservation and respectful care of the final resting place for the local community. The endowment fund does not engage in any other activities beyond its cemetery support mission.
Is Spring Hill Cemetery Combined Endowment Fund Inc legitimate?
Spring Hill Cemetery Combined Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(13) entity. Spring Hill Cemetery Combined Endowment Fund 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:
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What is the mission statement of Spring Hill Cemetery Combined Endowment Fund Inc?
The Spring Hill Cemetery Combined Endowment Fund Inc operates with a mission to support the perpetual care of community cemeteries, adhering to IRC Section 170(B)(1)(A)(V). This mission is fulfilled by establishing an endowment fund that reinvested net income, which is then paid to the city's operating commission. This allocation is specifically used for the upkeep and maintenance of the cemetery. The fund does not engage in any other activities beyond this purpose.
Who is the CEO of Spring Hill Cemetery Combined Endowment Fund Inc?
Robert Reishman is the President of Spring Hill Cemetery Combined Endowment Fund Inc.
What is the revenue of Spring Hill Cemetery Combined Endowment Fund Inc?
Spring Hill Cemetery Combined Endowment Fund Inc's revenue in 2022 was $103,390.
Who are the executives of Spring Hill Cemetery Combined Endowment Fund Inc and what are their salaries?
There 8 volunteers at Spring Hill Cemetery Combined Endowment Fund Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Spring Hill Cemetery Combined Endowment Fund Inc?
Spring Hill Cemetery Combined Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Spring Hill Cemetery Combined Endowment Fund Inc
Spring Hill Cemetery Combined Endowment Fund Inc is dedicated to supporting its mission as outlined in Section 170(B)(1)(A)(V) of the Internal Revenue Code. This mission centers around the perpetual care of a community cemetery. By establishing an endowment fund, the organization aims to ensure the long-term maintenance and upkeep of the Spring Hill Cemetery. The net income generated from this fund is reinvested, and a portion of it is allocated to the operating commission of the city, specifically for the purpose of caring for and maintaining the cemetery. The Endowment Fund's activities are strictly limited to this mandate, making it a dedicated entity focused on the preservation and upkeep of the Spring Hill Cemetery.
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Impact
October, 2024
Spring Hill Cemetery Combined Endowment Fund Inc plays a vital role in ensuring the perpetual care and maintenance of the Spring Hill Cemetery in Charleston, WV. By establishing an endowment fund specifically designated for this purpose, the organization helps to secure the long-term financial sustainability of the cemetery, allowing for ongoing upkeep and preservation of the site.
The net income generated from the fund is reinvested and allocated to the city’s operating commission, ensuring that the funds are utilized efficiently for the cemetery's care. This consistent financial support is crucial for maintaining the cemetery's grounds, preserving its historical significance, and providing a respectful resting place for the community’s loved ones.
The impact of this organization extends beyond mere maintenance; it fosters a sense of community and respect for heritage, serving as a guardian of the memory and history of Charleston. By focusing on the support of the community cemetery, Spring Hill Cemetery Combined Endowment Fund Inc ensures that present and future generations can honor their ancestors in a well-maintained environment.
This information is meant to be a general summary of Spring Hill Cemetery Combined Endowment Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $65,930
- Gross Receipts: $361,524
Assets and Liabilities:
- Total Assets: $2,293,111
- Total Liabilities: $0
- Net Assets: $2,293,111
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Organization Details
Founding Year
2000
Phone
(304) 348-8010Principal Officer
Robert Reishman
Main Address
C/O BLAIR COMPANY PO BOX 1991, CHARLESTON, WV, 25327
NTEE Category
Code: Y50 - Mutual benefit
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