.Refer to Schedule OFernwood Cemetery - Endowment Care & Memorial Trust was organized for the purpose of holding funds in perpetuity whereby the interest and dividends net of any provision for investment losses is made available to the cemetery general fund for the current care and maintenance of grave spaces, crypts and niches. The cemetery sells graves, mausoleums, and niche space on a pre-need and at-need basis. A portion of each sale of graves, mausoleums, and niche space must be deposited in the endowment fund for current and future cemetery maintenance and is accounted for in fund equities. Fernwood Cemetery - Endowment Care & Memorial Care Trust began operations in 2004 when the State of California Department of Consumer Affairs - Cemetery and Funeral Bureau approved the purchase of the cemetery from Daphne Fernwood. The activities of the organization has been and will continue to be conducted by the trustees named in the attached trust documents.
Reported officers (all unpaid)
No paid executives reported in 2024. FERNWOOD CEMETERY - ENDOWMENT CARE & MEMORIAL CARE TRUST reported 3 unpaid officers and board members on its 990.
Revenue and expenses over time
FERNWOOD CEMETERY - ENDOWMENT CARE & MEMORIAL CARE TRUST reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
FERNWOOD CEMETERY - ENDOWMENT CARE & MEMORIAL CARE TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization nationwide earns a median of $19,468.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).
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