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PERPETUAL CARE TR FUND ADMINISTERED BY THE KENSICO CEMETERY AS TTEE
Valhalla, NY · EIN 133582509 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$3.4M
expenses
$1.5M
net assets
$72.7M
employees
0
program ratio
0%
mission · from form 990

The Perpetual Care Trust Fund Administered by The Kensico Cemetery as Trustee is a commingled fund comprised of funds which are to be held in perpetuity for the benefit of endowed lots. Income derived from these funds is used to defray the cost of special maintenance & care of these endowed lots.

profile · synthesized from sources

The Perpetual Care Trust Fund Administered by The Kensico Cemetery as Trustee is a commingled endowment fund established to provide ongoing maintenance for endowed burial lots. The fund is held in perpetuity, and its investment income supports the upkeep of designated cemetery plots. It operates as a supporting organization to Kensico Cemetery in Valhalla, New York.

named programs · 1 · from sources

What they call their work

Perpetual Care Trust Fund
Commingled trust fund providing long-term financial support for the maintenance and special care of endowed burial lots at Kensico Cemetery
activities · 1 group

What they do

  • Cemetery Preservation and Maintenance Funding 1 activity
    • Funding cemetery lot maintenance and care
      Administers a perpetual care trust fund that uses investment income to finance the ongoing maintenance and care of endowed cemetery lots.
financials · form 990 · fy2024
revenue
Total revenue$3.42M
Contributions & grants$00%
Program service revenue$540K16%
Investment income$2.88M84%
Other revenue$0
expenses
Total expenses$1.47M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$72.90M
Cash$1.07M
Investments$71.82M
Liabilities$193K
Net assets$72.70M
Liquid reserves595.9 mo
3 years on record · 2020–2024 · YoY revenue -33.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 18
NameTitleHours/wkCompensation
Michael J Farmer VP, Sales & Development Mgr; Ass't Treasurer 0 $420K
Matthew G Parisi President, CEO, Counsel & Director 5 $355K
Theresa M Doran VP, CFO, Treasurer & Assist. Secretary 5 $345K
Michael Ryan Salesperson & Office Mgr 0 $324K
Peter J Telfer Salesperson 0 $305K
Barbara J Cardany Salesperson 0 $276K
Michael H Cook Jr VP & Superintendent 0 $270K
Lillian Collado Salesperson 0 $270K
Joaquim C Pedrosa Deputy Superintendent of Grounds 0 $231K
Raymond M Planell Chairman of the Board & Assistant Counsel 1 $64K
Richard A Schnall Vice Chairman of the Board 1 $53K
Catherine U Biddle Director 1 $41K
Elizabeth Payne Director 1 $41K
Howard Weintraub Director 1 $41K
Kevin J Bannon Director 1 $41K
Mary Ann Alonso Secretary & Director 1 $41K
Raymond Lou Director 1 $34K
Eric Cheng Director 1 $7K
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.