Overview
What is The Mount Royal Cemetery Company?
The Mount Royal Cemetery Company, located in Outremont, Quebec, Canada, is a nonprofit organization that has been serving the community's burial needs since 1847. They specialize in selling individual or family plots, crypts, and niches. The monetary funds from burial fees, foundations, and memorials are utilized to cover operational expenses. Any excess space is invested to ensure the cemetery's perpetual care once all the land is sold. As a nonprofit, none of its reserves can be distributed, and it operates on a for-profit basis. By its charter, the company is exempt from income tax under section 501(c)(13) of the Internal Revenue Code.
Official website here: www.mountroyalcem.com
Is The Mount Royal Cemetery Company legitimate?
The Mount Royal Cemetery Company is a legitimate nonprofit organization registered as a 501(c)(13) entity. The Mount Royal Cemetery Company 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: $391,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,886,540
For more financial information, click here
Official website here: www.mountroyalcem.com
What is the mission statement of The Mount Royal Cemetery Company?
The Mount Royal Cemetery Company's mission, as a non-profit organization, is to sell individual and family plots of land, crypts, and niches. The company uses the revenue generated from burial fees and memorials to cover its operating expenses. Any excess funds are invested to ensure the perpetual care of the cemetery once all the land is sold. By its charter, none of its reserves can be distributed. The company provides an option for the owners to install their own memorialization or have the cemetery install one for them.
Official website here: www.mountroyalcem.com
Who is the CEO of The Mount Royal Cemetery Company?
Maxime Jacques is the Executive Director of The Mount Royal Cemetery Company.
Official website here: www.mountroyalcem.com
What is the revenue of The Mount Royal Cemetery Company?
The Mount Royal Cemetery Company's revenue in 2022 was $5,746,203.
Official website here: www.mountroyalcem.com
Who are the executives of The Mount Royal Cemetery Company and what are their salaries?
There 22 volunteers at The Mount Royal Cemetery Company.
Here are 24 key members and their salaries:
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Official website here: www.mountroyalcem.com
Where can I find the form 990 for The Mount Royal Cemetery Company?
The Mount Royal Cemetery Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mountroyalcem.com
Learn more at the official website: www.mountroyalcem.com
Mission Statement of The Mount Royal Cemetery Company
The Mount Royal Cemetery Company, as a non-profit organization, is dedicated to selling individual or family plots of land, crypts, and niches. The revenues generated from burial fees and memorials are utilized to cover the cemetery's operational expenses. The excess space is then invested, ensuring that the cemetery maintains perpetual care, even after all the land has been sold. By its charter, no portion of the reserves can be distributed, underscoring the company's commitment to preserving the cemetery for future generations.
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Impact
October, 2024
The Mount Royal Cemetery Company plays a vital role in providing burial services and maintaining a reverent space for memorialization. By offering individual or family lots, crypts, and niches, the company meets the community's needs for dignified final resting places. Monies received from burial fees, foundations, and memorials are utilized to cover operating expenses and ensure the cemetery's perpetual care. This commitment to long-term maintenance and investment in excess space guarantees that the cemetery remains a well-cared-for sanctuary for generations to come. Since its inception in 1847, the company has been a cornerstone in the community, providing essential services while upholding a mission focused on mutual benefit and respect for those who have passed.
This information is meant to be a general summary of The Mount Royal Cemetery Company. 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: $609,440
- Program Service Revenue: $7,107,699
- Gross Receipts: $5,786,964
Assets and Liabilities:
- Total Assets: $40,081,184
- Total Liabilities: $6,214,730
- Net Assets: $33,866,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF BURIAL RIGHTS
Revenue
$4,030,582
CRYPTS AND NICHES
Revenue
$511,443
BURIAL FEES
Revenue
$723,835
FOUNDATIONS
Revenue
$297,695
MEMORIALS
Revenue
$1,532,713
Organization Details
Founding Year
1847
Phone
(514) 931-0841Principal Officer
Maxime Jacques
Website
www.mountroyalcem.comNTEE Category
Code: Y50 - Mutual benefit
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