2024-09-11T10:07:09-05:00 2024-04-30 043296201 SULLIVAN BILLE PC 300 BRICKSTONE SQUARE 1001 ANDOVER MA 01810 990 2023-05-01 041774040 RIDGEWOOD CEMETERY ASSOCIATION RIDG 9786825786 PO BOX 22 NORTH ANDOVER MA 01845 BRADFORD WAKEMAN TREASURER 9786825786 2024-09-09 1 0 Barbara J Rowell CPA P00274107 9789702900 2024-09-09 2023 2024-08-08 14:25:15Z BRADFORD WAKEMAN PO BOX 22 NORTH ANDOVER MA 01845 1122168 0 X WWW.RIDGEWOODCEMETERY.ORG X 1850 MA RIDGEWOOD CEMETERY IS A PRIVATE NOT-FOR-PROFIT CEMETERY SERVING FAMILIES REPRESENTING ALL RELIGIONS, CULTURES AND WALKS OF LIFE IN A TRADITION OF COMPASSION, INTEGRITY AND EXCELLENCE. 9 9 9 0 6393 5393 129586 491264 328128 407300 103725 39366 392 -7161 561831 930769 0 16000 0 0 308397 367180 0 0 0 418625 344775 727022 727955 -165191 202814 5311845 6252184 13798 563962 5298047 5688222 X ESTABLISHED IN 1850, RIDGEWOOD CEMETERY IS A PRIVATE NOT-FOR-PROFIT CEMETERY. IT IS OWNED BY THE RIDGEWOOD CEMETERY ASSOCIATION AND GOVERNED BY A VOLUNTEER BOARD OF TRUSTEES. RIDGEWOOD CEMETERY SERVES FAMILIES REPRESENTING ALL RELIGIONS, CULTURES AND WALKS OF LIFE IN A TRADITION OF COMPASSION, INTEGRITY AND EXCELLENCE. 0 0 589340 16000 393746 RIDGEWOOD CEMETERY ASSOCIATION (RCA) OPERATES A FULL SERVICE CEMETERY, INCLUDING GRAVE LOT SALES AND INTERMENTS. RCA ALSO OVERSEES THE CARE, MAINTENANCE, RESTORATION AND PRESERVATION OF THE CEMETERY AND THEIR COLLECTIONS, A PORTION OF WHICH IS FUNDED THROUGH COMMUNITY PRESERVATION GRANTS FROM THE TOWN OF NORTH ANDOVER. 589340 0 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 9 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X The Organization 9786825786 PO BOX 22 NORTH ANDOVER MA 01845 JOSEPH PELICH PRESIDENT 5.00 X X 0 0 0 JAMES LAFOND VICE PRESIDENT 3.00 X X 0 0 0 BRADFORD WAKEMAN TREASURER 1.00 X X 0 0 0 ROBERT ATWOOD CLERK 1.00 X X 0 0 0 BENJAMIN FARNUM TRUSTEE 1.00 X 0 0 0 DAVID RAND TRUSTEE 1.00 X 0 0 0 HUNT SALISBURY TRUSTEE 1.00 X 0 0 0 RYAN SCHRUENDER TRUSTEE 1.00 X 0 0 0 JOHN SMOLAK TRUSTEE 3.00 X 0 0 0 SCOTT POLUMBO SUPERINTENDENT 40.00 X 97517 0 0 97517 0 0 0 0 0 0 0 491264 491264 GRAVE LOT SALES 900099 229760 229760 INTERMENTS 900099 151100 151100 FOUNDATIONS 900099 26440 26440 407300 42596 42596 19600 13207 6393 6393 6393 174962 178192 -3230 -3230 -3230 MISCELLANEOUS INCOME 900099 150 150 LOSS ON DISPOSAL OF PR 900099 -13704 -13704 -13554 930769 393746 6393 39366 16000 16000 101378 101378 221299 179714 41585 17541 17541 26962 23457 3505 27960 27960 15470 15470 3244 3244 1100 1100 27370 1200 26170 5255 5255 7925 3234 4691 12417 12417 16452 16452 123031 121983 1048 17321 8734 8587 LANDSCAPING & GROUNDS 38285 38285 EQUIPMENT & SUPPLIES 16889 16889 REPAIRS & MAINTENANCE 13543 13543 RESTORATION & PRESERVAT 10363 10363 8150 8150 727955 589340 138615 0 166878 234273 6825 39560 34080 2723 3704 4856706 899170 3507478 3957536 1595206 1806450 0 209316 5311845 6252184 13798 131778 422194 0 9990 13798 563962 X 5035095 5425270 262952 262952 5298047 5688222 5311845 6252184 202814 187361 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 199729 X X 0 1595206 64128 211243 64127 1806450 2379425 45873 783 830875 1595206 2775795 137469 -151363 382476 2379425 0.86270 0.13730 0 0 585390 585390 572657 80286 492371 108219 106897 1322 3590440 711987 2878453 3957536 Finance Lease Liability 9990 9990 X 1129571 187361 187361 942210 15470 -26911 -11441 930769 725692 13207 13207 712485 15470 15470 727955 Part III, Line 1a: Historical Collections The Association's collections, which were acquired through purchases and contributions, consist of items of historical significance being held for public exhibition and educational purposes and are being preserved and cared for at the cost of the Association. For collection items acquired prior to May 1, 2023, the Association had elected the policy to capitalize no collection items. As such, the value of these items was not recognized as an asset on the statement of financial position. Effective May 1, 2023, the Association amended their capitalization policy to capitalize all collection items acquired on a prospective basis, that is, all items acquired after a stated date. For collection items acquired on or after May 1, 2023, accessions of these collections are capitalized at cost, if the items were purchased, or at their fair value, if the items were contributed. Gains or losses from deaccessions of these items are reflected on the statement of activities as changes in the appropriate net asset classes, depending on the existence and type of donor-imposed restrictions. The proceeds from deaccession of collection items may be used for acquisitions of new collection items or the direct care of existing collections. The Association considers direct care to entail actions that enhance the life, usefulness, or quality of the collection items to ensure they will continue to benefit the public. Capitalized collections are depreciated over their estimated useful lives unless they have cultural, aesthetic, or historical value that is worth preserving perpetually, and the Association is protecting and preserving the service potential of the collection item undiminished. Part III, Line 4: SEE DISCLOSURE FOR PART III, LINE 1a. Part V, Line 4: THE ASSOCIATION'S PERPETUAL CARE FUND (THE ENDOWMENT) WAS ESTABLISHED FOR THE LONG TERM CARE AND MAINTENANCE OF RIDGEWOOD CEMETERY. Part X, Line 2: ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. UNDER THESE STANDARDS, AN ORGANIZATION IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. MANAGEMENT HAS EVALUATED ITS SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. Part XI, Line 4b - Other Adjustments: RENTAL EXPENSES -13,207. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -13,704. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES 13,207. 1 Town of North Andover Veteran's Services 120 Main Street North Andover MA 01845 0 16000 FMV Ten (10) grave lots in Ridgewood Cemetery For Veteran burials at the request of the Town of North Andover Veteran's Services. Part I, Line 2: In FY24, it was voted on by the Board of Trustees to donate ten (10) grave lots to the Town of North Andover Veteran's Services. These lots are in the designated Veteran's section of Ridgewood Cemetery and are available for immediate use upon request from the Town of North Andover Veteran's Services. Form 990, Part VI, Section B, line 11b THE FORM 990 WILL BE REVIEWED BY THE TREASURER PRIOR TO IT BEING FILED. ONCE FILED, IT WILL BE MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES. Form 990, Part VI, Section B, line 12c EACH MEMBER OF THE BOARD OF TRUSTEES IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY, WHICH ARE THEN REVIEWED BY THE BOARD. ANY CONFLICTS IDENTIFIED WILL BE DISCUSSED, VOTED ON AND ACCEPTED BY THE BOARD, WITH THE INTERESTED PARTY EXCUSED. Form 990, Part VI, Section B, line 15 COMPENSATION FOR ALL EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.