2024-02-07T12:12:56-08:00 2023-03-31 112370855 Satty Levine & Ciacco CPAs PC 534 Broadhollow Road Suite 300 Melville NY 11747 990 2022-04-01 111502725 LOCUST VALLEY CEMETERY ASSOCIATION INC LOCU 5166765290 PO BOX 91 LOCUST VALLEY NY 11560 Edward O'Neill Treasurer 2024-02-07 true Edward ONeill 999009999 true Frank Lou CPA P00546140 5163389500 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z PO BOX 91 LOCUST VALLEY NY 11560 13923368 false X www.lvcemetery.com X 1900 NY The interment of bodies in burial plots held by members and maintenance of the cemetery in perpetuity. Regulated by the NY State Department of State, Division of Cemeteries. 15 15 13 0 44519 54563 2576860 3236567 1428460 238680 22865 27765 4072704 3557575 0 0 953623 1007819 0 0 1057578 997984 2011201 2005803 2061503 1551772 23659950 23467282 132175 143822 23527775 23323460 The interment of bodies in burial plots held by members and maintenance of the cemetery in perpetuity. Regulated by the NY State Department of State, Division of Cemeteries. false false Expenses in connection with the burials and care of cemetery plots. false false false false false false false false true true false false true true true true false false false false false false false false false false false false true false false false true false false false false false false false false false false true 0 0 false 13 true false false false false false false false 0 false false false false false false false X 15 15 false false false false true true false true true false false true true true true true false true false false X X X THE ASSOCIATION 5166765290 PO Box 91 Locust Valley NY 11560 X William Simons General Manager 40.00 0.00 164028 0 22859 Edward Simons Superintendent 40.00 0.00 118848 0 26523 Diane Fagiola Chairperson 5.00 0.00 X X 0 0 0 James Wellington President 5.00 0.00 X X 0 0 0 Peter B Colgrove Secretary 5.00 0.00 X X 0 0 0 Stephen Murphy Treasurer 5.00 0.00 X X 0 0 0 Edward Minicozzi Vice President 5.00 0.00 X X 0 0 0 Carol Harrington Asst Secretary 5.00 0.00 X X 0 0 0 Edward O'Neill Treasurer 5.00 0.00 X X 0 0 0 Aimee DiBartolomeo Director 3.00 0.00 X 0 0 0 Mary MacDonald Director 3.00 0.00 X 0 0 0 BRIAN FINNERTY Director 3.00 0.00 X 0 0 0 Peter Quick Director 3.00 0.00 X 0 0 0 Michael Nikolai Director 3.00 0.00 X 0 0 0 Colin F O'Donnell Director 3.00 0.00 X 0 0 0 Pierre A Gonthier Director 3.00 0.00 X 0 0 0 Ellen McMillin Director 3.00 0.00 X 0 0 0 282876 49382 2 false true false 0 54563 54563 Burial Fees 900099 347735 347735 Inscription fees 900099 5592 5592 Masoluem Assessment fee 900099 58540 58540 Sale of Burial Sites 900099 2824700 2824700 3236567 390657 390657 0 0 50200 23538 26662 26662 26662 10190278 10342255 -151977 -151977 -151977 0 0 0 Miscellaneous 900099 1103 1103 1103 3557575 3111252 391760 0 0 0 0 282056 0 485643 66028 114026 60066 0 0 0 0 0 117979 0 25725 3093 0 0 0 0 0 0 0 0 68064 18376 Cost of burial sites sold 526475 Repairs and Maintenance 128200 Professional fees 68079 Utilities 20038 21955 2005803 0 0 0 181164 660236 1162708 1714392 0 283282 397816 0 0 0 0 6445 8293 2279206 990985 1269240 1288221 19584079 18198979 0 0 0 1173032 1199345 23659950 23467282 125375 137022 6800 6800 132175 143822 X 23437235 23232980 90540 90480 23527775 23323460 23659950 23467282 1551772 -1756087 X false true X true false 65720 65720 65720 65720 65720 65720 65720 65720 65720 65720 1.00000 false false false 754543 754543 622880 221660 401220 18368 11788 6580 883415 757537 125878 1288221 Investment in real estate and space dev 1192542 Tenant security deposits 6803 1199345 Rent Security Deposits Payable 6800 6800 X 1157034 -1756087 -1756087 2913121 117979 526475 644454 3557575 1361349 1361349 117979 526475 644454 2005803 Part V, Line 4: Intended uses of the endowment fund. Restricted endowment - the principal to be invested and income generated therefrom be used for the general maintenance of cemetery grounds.Perpetual care fund - the principal to be invested and income generated therefrom to be used for the care and maintenance of the specific burial sites. Part X : FIN48 Footnote The Association's Forms 990, Return of Organization Exempt from Income Tax, for the years ending 2022, 2021, and 2020 are subject to examination by the IRS, generally for 3 years after they were filed. The Association has concluded that there are no material uncertain tax liabilities to be recognized at this time. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Costs of burial sites sold $526475 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Costs of burial sites sold $526475 X X false false false William Simons General Manager 164028 22859 186887 HUMES & WAGNER LLP PRINCIPAL 32035 LEGAL false Form 990, Part VI, Section A, Line 6 EVERY PLOT HOLDER OF THE ASSOCIATION IS CONSIDERED A MEMBER Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Locust Valley Cemetery's outside auditor based on information provided by the bookkeeper and Chief Financial Officer. Once the Form 990 is completed, it will be reviewed by one of the Co-Treasurers and the Chairman of the Board of Directors before present to the board for approval for the filing of the return. Form 990, Part VI, Section B, Line 12c Board members approve the conflict of interest policy annually. Form 990, Part VI, Section B, Line 15a THE BOARD WILL DISCUSS COMPENSATION FOR ALL EMPLOYEES INCLUDING TOP MANAGEMENT, ALL SALARIES, INCLUDING BONUSES ARE APPROVED BY THE BOARD BEFORE PAYMENTS OR CHANGES ARE MADE AND ARE BASED UPON REVIEW OF PAST PERFORMANCES AND PRIOR, CURRENT AND FUTURE FINANCIAL EXPECTATIONS. Form 990, Part VI, Section C, Line 18 SEE FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE Form 990, Part VI, Section C, Line 19 All Cemetery documents are available to members at any time upon their request. The Annual Meeting includes all plotholders who wish to attend and the annual audit report is presented at that time as well.