Magnolia Cemetery Association Inc

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

EIN: 570377078 ✦ Greenwood, SC ✦ Designated as a 501(c)(13)

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Overview

What is Magnolia Cemetery Association Inc?

Magnolia Cemetery Association Inc is a nonprofit organization primarily established for the management and operation of Magnolia Cemetery. This association serves the mutual benefit of its lot owners. It receives, holds, and manages property, funds, and investments to ensure the smooth operation of the cemetery. The main objective of Magnolia Cemetery Association Inc is to oversee the use of the cemetery for the well-being of its lot owners.

Is Magnolia Cemetery Association Inc legitimate?

Magnolia Cemetery Association Inc is a legitimate nonprofit organization registered as a 501(c)(13) entity. Magnolia Cemetery Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Magnolia Cemetery Association Inc?

The Magnolia Cemetery Association Inc, in its operation, aims to receive, manage, and invest funds for the benefit of its lot owners. It acquires property and resources to operate Magnolia Cemetery, ensuring mutual advantage for its patrons. The primary goal is to provide a cemetery service that caters to the needs of its lot owners, utilizing their contributions judiciously. The association does not reveal specifics about the nature of investments or the extent of services provided.

Who is the CEO of Magnolia Cemetery Association Inc?

Ann Hancock is the President of Magnolia Cemetery Association Inc.

What is the revenue of Magnolia Cemetery Association Inc?

Magnolia Cemetery Association Inc's revenue in 2021 was $18,668.

Who are the executives of Magnolia Cemetery Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Ann Hancock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grover C Henderson Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Richard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Magnolia Cemetery Association Inc?

Magnolia Cemetery Association Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Magnolia Cemetery Association Inc

Magnolia Cemetery Association, Inc., serves a specific purpose for the benefit of its lot owners. This nonprofit organization is dedicated to receiving, holding, managing, investing, or arranging for investing, and acquiring property and funds. Its primary goal is to own and operate Magnolia Cemetery, utilizing these resources effectively to cater to the needs of its lot owners. The association operates with the intention of providing a mutual benefit to its members, ensuring the proper management and operation of the cemetery.

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Impact




October, 2024

Magnolia Cemetery Association Inc plays a vital role in maintaining and managing Magnolia Cemetery in Greenwood, SC, ensuring that it serves the needs of lot owners and the community. By receiving, holding, and investing funds, the association is able to preserve the cemetery's grounds and provide a dignified resting place for loved ones. This stewardship not only enhances the aesthetic and historical value of the cemetery but also fosters a sense of community and remembrance among families and visitors. The organization's commitment to acquiring and managing property ensures that Magnolia Cemetery remains a well-kept and peaceful environment for future generations.




This information is meant to be a general summary of Magnolia Cemetery Association 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
$18,668 (2021)
Expenses
$12,821 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $18,318
  • Gross Receipts: $195,387

Assets and Liabilities:

  • Total Assets: $604,471
  • Total Liabilities: $0
  • Net Assets: $604,471

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Organization Details

Founding Year

1923

Principal Officer

Ann Hancock

Main Address

139 GATEWOOD DRIVE, GREENWOOD, SC, 29646

NTEE Category

Code: Y50 - Mutual benefit

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