Mount Carmel Cemetery Association

Mount Carmel Cemetery Association consistently grows assets and maintains strong financial surpluses with no reported officer compensation.

EIN: 111104550 · Glendale, NY · Updated: 2026-03-28

$25.3MRevenue

$144.3MAssets

85/100Mission Score (Excellent)

About Mount Carmel Cemetery Association

Mount Carmel Cemetery Association (EIN: 111104550) is a nonprofit organization based in Glendale, NY. The organization reported total revenue of $25.3M and total assets of $144.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Carmel Cemetery Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mount Carmel Cemetery Association demonstrates strong financial health, consistently growing its assets over the past decade, from $88.6 million in 2014 to $137.3 million in 2023. The organization consistently generates significant revenue, often double its expenses, indicating a robust financial model. For instance, in 2023, revenue was $12.6 million against expenses of $5.9 million. This surplus contributes to its substantial asset base, which stood at $144.2 million as of its latest reported revenue period.

The organization appears to be highly efficient in its spending, with expenses consistently well below its revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests a well-managed operation. The absence of reported officer compensation across all filings indicates a commitment to minimizing overhead in this specific area, which is a positive sign for efficiency and donor trust.

Transparency is generally good, with consistent IRS 990 filings over many years. The consistent growth in assets and the significant difference between revenue and expenses suggest that the organization is effectively managing its resources. However, without a detailed NTEE code or a breakdown of how expenses are categorized (program vs. admin vs. fundraising), a complete assessment of spending efficiency and program focus is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mount Carmel Cemetery Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Mount Carmel Cemetery Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a notable characteristic for an organization of its size, with assets exceeding $144 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Mount Carmel Cemetery Association's IRS 990 filings:

NTEE Code is unknown, limiting understanding of specific mission alignment.

Strengths

The following positive indicators were identified for Mount Carmel Cemetery Association:

Consistent and significant asset growth, from $88.6M in 2014 to $137.3M in 2023.
Strong financial health with revenue consistently exceeding expenses (e.g., $12.6M revenue vs. $5.9M expenses in 2023).
No reported officer compensation across all available filings, indicating low overhead in this area.
Low liabilities relative to assets, suggesting strong financial stability (e.g., $261K liabilities vs. $137.3M assets in 2023).
Consistent filing history, demonstrating good transparency and compliance.

Frequently Asked Questions about Mount Carmel Cemetery Association

What is the primary source of Mount Carmel Cemetery Association's revenue?

Based on the nature of a cemetery association, revenue likely comes from burial plot sales, interment services, perpetual care funds, and potentially investment income from its substantial assets.

How does Mount Carmel Cemetery Association manage its significant financial surpluses?

The consistent surpluses, such as the $6.7 million difference between revenue and expenses in 2023, appear to be reinvested, contributing to the substantial and continuous growth of the organization's assets, which increased by over $48 million from 2014 to 2023.

What are the specific program activities funded by Mount Carmel Cemetery Association?

While not explicitly detailed in the provided data, program activities for a cemetery association typically include maintaining the cemetery grounds, providing burial services, and preserving historical records related to interments.

Filing History

IRS 990 filing history for Mount Carmel Cemetery Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mount Carmel Cemetery Association's revenue has grown by 27.9%, moving from $9.9M to $12.6M. Total assets increased by 89.7% over the same period, from $72.4M to $137.3M. Total functional expenses fell by 8.7%, from $6.5M to $5.9M. In its most recent filing year (2023), Mount Carmel Cemetery Association reported a surplus of $6.7M, with revenue exceeding expenses. The organization holds $261K in liabilities against $137.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $137.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$12.6M	$5.9M	$137.3M	$261K	—	View 990
2022	$15.0M	$5.4M	$130.7M	$360K	—	—
2021	$15.3M	$5.0M	$118.7M	$390K	—	View 990
2020	$8.8M	$5.0M	$108.1M	$78K	—	—
2019	$8.3M	$5.0M	$104.7M	$406K	—	View 990
2018	$8.0M	$4.8M	$101.4M	$388K	—	View 990
2017	$10.8M	$4.8M	$98.1M	$235K	—	View 990
2016	$6.8M	$4.8M	$92.2M	$297K	—	View 990
2015	$7.3M	$5.6M	$90.3M	$494K	—	View 990
2014	$14.5M	$5.6M	$88.7M	$463K	—	View 990
2013	$9.5M	$5.6M	$79.6M	$264K	—	View 990
2012	$9.5M	$6.4M	$75.5M	$92K	—	View 990
2011	$9.9M	$6.5M	$72.4M	$42K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $12.6M, expenses of $5.9M, and assets of $137.3M (revenue -15.5% year-over-year).
2022: Revenue of $15.0M, expenses of $5.4M, and assets of $130.7M (revenue -2.0% year-over-year).
2021: Revenue of $15.3M, expenses of $5.0M, and assets of $118.7M (revenue +74.0% year-over-year).
2020: Revenue of $8.8M, expenses of $5.0M, and assets of $108.1M (revenue +6.2% year-over-year).
2019: Revenue of $8.3M, expenses of $5.0M, and assets of $104.7M (revenue +3.8% year-over-year).
2018: Revenue of $8.0M, expenses of $4.8M, and assets of $101.4M (revenue -26.5% year-over-year).
2017: Revenue of $10.8M, expenses of $4.8M, and assets of $98.1M (revenue +58.7% year-over-year).
2016: Revenue of $6.8M, expenses of $4.8M, and assets of $92.2M (revenue -6.1% year-over-year).
2015: Revenue of $7.3M, expenses of $5.6M, and assets of $90.3M (revenue -49.8% year-over-year).
2014: Revenue of $14.5M, expenses of $5.6M, and assets of $88.7M (revenue +53.0% year-over-year).
2013: Revenue of $9.5M, expenses of $5.6M, and assets of $79.6M (revenue -0.5% year-over-year).
2012: Revenue of $9.5M, expenses of $6.4M, and assets of $75.5M (revenue -3.6% year-over-year).
2011: Revenue of $9.9M, expenses of $6.5M, and assets of $72.4M.

Data Sources and Methodology

This transparency report for Mount Carmel Cemetery Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.