2025-09-10T12:07:17-07:00 2024-12-31 920348601 Philip J Tassi CPA 29 Teal Lane Brewster NY 10509 990 2024-01-01 130701750 Ferncliff Cemetery Association FERN 9146934700 280 Secor Road Hartsdale NY 10530 Philip J Tassi President 9146934700 2025-07-02 true true Philip J Tassi P00285140 8452780497 2025-09-10 X 2024 2025-03-06 01:10:19Z Philip J Tassi 280 Secor Road Hartsdale NY 10530 146052291 false X N/A X 1902 NY The orgainization is a non-sectarian cemetery which also operates a crematory providing for the present and future death care needs of the New York Metropolitan area. 8 5 67 0 0 0 0 8435290 9471243 5575224 18449622 37169 4259 14047683 27925124 8810 9261 0 6619689 6940009 0 0 5069969 5442061 11698468 12391331 2349215 15533793 318846024 351029718 14120062 15194996 304725962 335834722 The orgainization is a non-sectarian cemetery which also operates a crematory providing for the present and future death care needs of the New York Metropolitan area. false false 10940490 9261 9471243 The organization is a cemetery which has tax exempt status under IRC 501c13. The purpose of the cemetery is to provide interment and entombment services and care for the graves, mausoleums and lawn crypts. Additionally, it operates a crematory for the disposition of human bodies. During the year 2024 Ferncliff sold 576 burial rights including 135 graves, 188 crypts and 253 niches. The organization performed 3,267 cremation services. There were 809 interment services during the year including 249 ground burial and 560 mausoleum entombments and inurnments. 10940490 false false true false false false false false true true true false true true true true false false false true false false false false false false false false true false false false false false false false false false false false false false false true 29 0 67 true false false false false false false false false false false false false X 8 5 false false false false true true false true true false false true true true true true false true true false X Philip J Tassi 9146934700 280 Secor Road Hartsdale NY 10530 Philip J Tassi CFO/COO/EVP/Treasurer/Board 35.00 X X 481891 0 88361 Kevin M Boyd CEO/President/Board 35.00 X X 475280 0 88177 Joanne Aliberto VP/Secretary 35.00 X 249249 0 57516 Mario Robles Asst Supervisor/Inscriber 40.00 X 202674 0 49401 Craig Burrows Sales Representative 35.00 X 167972 0 59579 James Baumann Facilities Manager 40.00 X 167077 0 72616 Michael Rizzi Sales Representative 35.00 X 162121 0 72318 Angela Timpone Controller 35.00 X 161475 0 36772 James G Mullaney Director of Investments/Board 17.50 X 151000 0 0 Christopher Taylor Board/Lead Dirctor/Audit Chair 7.00 X 53550 0 0 Edward M Foley Jr Board/Investment Chair 7.00 X 50250 0 0 Biagio Merendino Board 2.00 X 31250 0 0 Neal Bastable Jr Board 2.00 X 30000 0 0 James Ryan Board 2.00 X 29500 0 0 2413289 0 524740 9 false true false Michael J Sweeny LLC 131 Nursey Road New Canann CT 06840 Landscape Design/Installation 165073 Hoffman Landscape 647 Danbury Rd Wilton CT 06897 Landscaping 162070 Boston Partners One Beacon St Boston MA 02108 Investment Advisor 149644 Levin Capital 138 Conant St Beverly MA 01915 Investment Advisor 116095 Silvercrest Asset Mgmt 1330 Ave of Americas New York NY 10019 Investment Advisor 110593 5 Sale of Burial Rights 900099 6163625 0 0 Cremation Fees 900099 1651226 0 0 Other Sales (Net) 900099 646987 0 0 Other Servies (Net) 900099 1009405 0 0 9471243 6492269 0 6492269 130084520 118127167 11957353 11957353 0 0 11957353 Miscellaneous 900099 4259 0 0 4259 4259 27925124 9471243 0 18453881 9261 0 1786024 0 0 0 3430947 0 0 0 355680 0 0 0 924438 0 0 0 442920 0 0 0 47490 0 0 0 41650 0 0 0 1010463 0 0 0 105284 0 0 0 229472 0 0 0 271878 0 0 0 202293 0 0 0 845882 0 0 0 1783 0 0 0 44980 0 0 0 440378 0 0 0 749226 0 0 0 319955 0 0 0 Maintenance of the Cemetery 1071458 0 0 0 NYS Interment/Vandalism 33396 0 0 0 Miscellaneous 26473 0 0 0 12391331 0 0 0 520420 520368 1324577 1412838 3754311 4641066 237453 254165 36291432 18266807 19778612 18024625 253557767 273863506 28256787 37496861 11416097 14816289 318846024 351029718 1785615 3168233 11500000 11200000 834447 826763 14120062 15194996 X 304725962 335834722 304725962 335834722 318846024 351029718 15533793 15574967 X false true X true false 2500 0 0 2500 2500 true NYS Cemeteries PAC 111 Washington Ave St 501 Albany NY 12210 105407204 2500 0 Pt I-A Line 1 Ferncliff Contributed to the NYS Cemeteries PAC, an unrelated entity 72400320 819057 7016073 80235450 64199957 656587 7543776 72400320 73395190 710024 -9905257 64199957 64971691 753016 7670483 73395190 59110447 815187 5046057 64971691 1.00000 0 6783670 6783670 0 11062051 5767844 5294207 0 0 0 0 0 8575970 6961601 1614369 0 9869741 5537362 4332379 18024625 Private Equity Funds 27612682 F Macro Hedge Funds 9884179 F 37496861 Interest Receivable 882984 Inventory of Burial Rights 12262755 Inventory of Cremated Remains Canisters 11565 Split Dollar Policy 1037398 Inter Fund Receivable 548389 Other Assets 18121 Restricted Endowment Funds 50013 Contra Account 5064 14816289 Private Room Construction Reserve 189382 Non Interest Bearing Certificates of Indebtedness 35000 Inter Fund Payable 548389 Other Liabilities 53992 826763 X 42049250 15574967 15574967 26474283 1010463 440378 1450841 27925124 10940490 10940490 1010463 440378 1450841 12391331 Pt V, Line 4 Endowment Funds: The majority of the endowment funds are permanent maintenance funds that are required to be established under NYS Not for Profit Law in which 10% of the sales proceeds of burial rights are to be placed in a separate fund in which the income is used for the maintenance of the cemetery grounds in perpetuity. Perpetual Care Funds are individual endowments for the care of specific graves or landscaped plots. Special Funds are designated for the care of individual mausoleums or floral placements Pt X, Line 2 Ferncliff recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that Ferncliff has no uncertain tax positions that would require financial statement recognition or disclosure. Ferncliff is no longer subject to examination by the applicable taxing jurisdictions for periods prior to December 31, 2021. Pt XI, Line 4b The company reports revenue and expenses to match income recognition. Therefore, interest expense of $440,378 is presented in different sections of the GAAP financial statements. Pt XII, Line 4b The company reports revenue and expenses to match income recognition. Therefore, interest expense of $440,378 is presented in different sections of the GAAP financial statements. Central America 0 0 Investments 12460153 Europe 0 0 Investments 896036 0 0 0 0 13356189 13356189 true false true false true false Other The organization is required to file Form 926 because it meets the applicable thershold. The organization is not required to file Form 5471 because it does not meet the applicable ownership or other filing requirements. The organization is required to file Form 8865 because it meets the applicable threshold X X X X false false false Philip J Tassi 339778 0 136173 0 5940 0 56988 0 31373 0 570252 0 0 0 Kevin M Boyd 395550 0 56009 0 23721 0 57306 0 30871 0 563457 0 0 0 Joanne Aliberto 212042 0 31877 0 5330 0 41868 0 15648 0 306765 0 0 0 Mario Robles 192066 0 6981 0 3627 0 18028 0 31373 0 252075 0 0 0 Craig Burrows 150206 0 14242 0 3524 0 28206 0 31373 0 227551 0 0 0 James Baumann 149288 0 12142 0 5647 0 27691 0 44925 0 239693 0 0 0 Michael Rizzi 145464 0 14242 0 2415 0 27393 0 44925 0 234439 0 0 0 Angela Timpone 158379 0 0 0 3096 0 21304 0 15468 0 198247 0 0 0 James G Mullaney 151000 0 0 0 0 0 0 0 0 0 151000 0 0 0 Pt VI, Line 1a Number of Board of Directors at year end was 8 with 5 independent directors, as two independent directors were added in January 2024 to the board. Pt VI, Line 6 Members-All individuals who purchase burial rights and have paid in full are issued a deed. Ownership of the deed passes in accordance with NYS Law in not designated in a will or by court order Pt VI, Line 7a The organization has an annual meeting in accordance with NYS Not for Profit Corporation Law section 603b. At the annual meeting, the members elect the board of director seats whose terms have expired. Pt VI, Line 11b The form 990 is prepared by the EVP/Treasurer (now President as of January 1, 2025) and reviewed by the audit chair and independent certified public accounting firm. Subsequent to those reviews a draft return is presented to the audit committee of the board of directors for review and approval to move to the full board of directors. After review, motion and approval by the full board of directors, management is authorized to sign the return and submit to the US Treasury. Pt VI, Line 12c All employees and board members complete a confict of interest questionnaire annually that is reviewed by management and the audit committee. Potential conflicts are discussed at quarterly meetings (when present) and discussed with employee/board members and documented in the minutes. Management consistently reviews employees outside services for compliance. Pt VI, Line 15a The organization periodically has an independent compensation study for the officers and directors (last performed in 2023). Additionally, other cemeteries Form 990 are reviewed for comparable positions and inquiries of other local cemeteries are made annually. The board then meets for recommendation and approval. Pt VI, Line 15b The organization periodically has an independent compensation study for the officers and directors (last performed in 2023). Additionally, other cemeteries Form 990 are reviewed for comparable positions and inquiries of other local cemeteries are made annually. The board then meets for recommendation and approval. Employee compensation is reviewed by checking market rates via internet and employment agency sources, and periodically with an independent compensation study (done in 2021 and 2022). Pt VI, Line 19 The corporate secretary maintains the governing documents and confict of interest policy, and the treasurer maintains the financial statements and the Form 990. All of these documents are available to the general public upon request either by mail, email or telephone. Additionally, at the annual member meeting, the financial statements are presented in a summary fashion with the full financial statements made available to all members.