Civic Intelligence

Palmerton Memorial Park Assn Inc.

EIN 24-0801264 • 501(c)3 • Palmerton, PA

Pub. 78 Eligible

Profile

COMMUNITY PARK

PO Box 33Palmerton, PA 18071

www.palmertonpool.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

16th percentile

-19%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

27th percentile

-5.8%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-23%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$961,585

Down $58,772 (-5.8%) from 2023

Liabilities

Down

$0

Down $130 (-100%) from 2023

Net Assets

Down

$961,585

Down $58,642 (-5.7%) from 2023

Revenue

Down

$302,510

Down $89,080 (-23%) from 2023

Expenses

Up

$360,899

Up $39,368 (+12%) from 2023

Net Income

Down

-$58,389

Down $128,448 (-183%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2015: $688,433Liabilities 2015: $1,264Net Assets 2015: $687,1692015Assets 2016: $704,622Liabilities 2016: $1,305Net Assets 2016: $703,3172016Assets 2017: $759,526Liabilities 2017: $920Net Assets 2017: $758,6062017Assets 2018: $729,947Liabilities 2018: $987Net Assets 2018: $728,9602018Assets 2019: $733,337Liabilities 2019: $0Net Assets 2019: $733,3372019Assets 2020: $771,284Liabilities 2020: $638Net Assets 2020: $770,6462020Assets 2021: $856,667Liabilities 2021: $805Net Assets 2021: $855,8622021Assets 2022: $951,273Liabilities 2022: $121Net Assets 2022: $951,1522022Assets 2023: $1,020,357Liabilities 2023: $130Net Assets 2023: $1,020,2272023Assets 2024: $961,585Liabilities 2024: $0Net Assets 2024: $961,5852024

Highlighted filing

2024

Assets$961,585
Liabilities$0
Net Assets$961,585

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $243,583Expenses 2015: $263,668Net Income 2015: -$20,0852015Revenue 2016: $279,564Expenses 2016: $263,416Net Income 2016: $16,1482016Revenue 2017: $290,390Expenses 2017: $235,101Net Income 2017: $55,2892017Revenue 2018: $254,171Expenses 2018: $283,817Net Income 2018: -$29,6462018Revenue 2019: $288,228Expenses 2019: $283,851Net Income 2019: $4,3772019Revenue 2020: $274,684Expenses 2020: $237,375Net Income 2020: $37,3092020Revenue 2021: $332,949Expenses 2021: $247,733Net Income 2021: $85,2162021Revenue 2022: $435,860Expenses 2022: $337,207Net Income 2022: $98,6532022Revenue 2023: $391,590Expenses 2023: $321,531Net Income 2023: $70,0592023Revenue 2024: $302,510Expenses 2024: $360,899Net Income 2024: -$58,3892024

Highlighted filing

2024

Revenue$302,510
Expenses$360,899
Net Income-$58,389

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Mar 15, 2025
Return Version
2023v6.0
Gross Receipts
$344,135
Mission and Program Overview

Mission

COMMUNITY PARK

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,020,227$961,585▼ $58,642
Savings and Temporary Cash Investments$407,030$411,768▲ $4,738
Land, Buildings, and Equipment, Net$392,028$359,605▼ $32,423
Investments Other Securities$97,884$100,433▲ $2,549
Cash and Non-Interest-Bearing Accounts$123,415$89,779▼ $33,636
Total Assets$1,020,357$961,585▼ $58,772
Liabilities
Other Liabilities$130--
Total Liabilities$130$0▼ $130
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,020,227$961,585▼ $58,642
Total Liabilities and Net Assets / Fund Balance$1,020,357$961,585▼ $58,772

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$336,302$704,941$1,041,243
Other Land Buildings$23,303$131,334$154,637
Other Securities$100,433--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edward ShellhammerPresident
John BartholomewVice President
April BartholomewDirector
Clare PapayDirector
Frank CarazoDirector
Jeff LaxDirector
Lisa ShellhammerDirector
Richard HrusovskyDirector
Terri SebelinDirector
Robert PalazzoSecretary
Dave TworkowskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,029
Program Service Revenue
$222,838
Investment Income
$7,646
Other Revenue
$56,997
All Other Contributions
$15,029
Change in Net Assets
$-58,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,224
Salaries, Compensation, and Employee Benefits$146,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,664--$134,664
Insurance$48,983$12,246-$61,229
Depreciation Depletion$38,469--$38,469
Other Expenses$25,200$6,300-$31,500
Occupancy$17,076$4,269-$21,345
Payroll Taxes$12,011--$12,011
Office Expenses$8,747$2,187-$10,934
Advertising$8,454--$8,454
Fees for Services Accounting-$5,335-$5,335
All Other Expenses$202--$202
Total Functional Expenses$323,478$37,421$0$360,899
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,389
Fundraising Direct Expenses$7,906
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival$15,389$15,389$7,906$7,483
Total Events$15,389$15,389$7,906$7,483
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization sells memberships to the pool they oversee on an annual or daily basis (depending on the membership purchased).

Member election for additional members Part VI line 7A

The organization holds annual elections for its officers that any member in good standing of the organization can vote on. To be in good standing, the member has to meet all criteria set forth in the by-laws of the organization. Each board member is voted by majority vote. Memberships do not vote on other memberships. Only the boardmembers vote on memberships.

Governing body decisions Part VI line 7B

Decisions made by the board members must be accepted by the general membership to be acted on. Majority vote is required to pass any decision.

Form 990 governing body review Part VI line 11

After the 990 is prepared by a cpa firm the return is given to the boardmembers to review before submitting to the irs.

Conflict of interest policy compliance Part VI line 12C

While the board does not have a formal written conflict of interest policy in place, they do have a verbal agreement between the boardmembers which requires the board members to acknowledge when a potential conflict of interest does occur so the board can take action to make sure the organization is not negatively affected by the conflict and it is within the mission and regulations of the organization.

Form 990 availability to public Part VI line 18

The 990 is available during normal business hours upon request. It is also available on www.guidestar.org.

Governing documents etc available to public Part VI line 19

The organization makes all tax returns and public documents available to the public during normal business hours upon request. The informational returns (form 990) are available on www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Palmerton Memorial Park Assn Inc
EIN
24-0801264
Address
PO BOX 33, PALMERTON, PA 18071

Signing Officer

Name
Edward Shellhammer
Title
President
Phone
6108265910
Signed
2025-03-15
Discuss with paid preparer
Yes

Organization Details

Formed
1945
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
46
Volunteers
5

Preparer

Firm
Frey & Co Cpas LLC
Address
121 N BEST AVE SUITE 2, WALNUTPORT, PA 18088
Preparer
Gary a Frey CPA
Phone
6107608920
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SELLS MEMBERSHIPS TO THE POOL THEY OVERSEE ON AN ANNUAL OR DAILY BASIS (DEPENDING ON THE MEMBERSHIP PURCHASED).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HOLDS ANNUAL ELECTIONS FOR ITS OFFICERS THAT ANY MEMBER IN GOOD STANDING OF THE ORGANIZATION CAN VOTE ON. TO BE IN GOOD STANDING, THE MEMBER HAS TO MEET ALL CRITERIA SET FORTH IN THE BY-LAWS OF THE ORGANIZATION. EACH BOARD MEMBER IS VOTED BY MAJORITY VOTE. MEMBERSHIPS DO NOT VOTE ON OTHER MEMBERSHIPS. ONLY THE BOARDMEMBERS VOTE ON MEMBERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS MADE BY THE BOARD MEMBERS MUST BE ACCEPTED BY THE GENERAL MEMBERSHIP TO BE ACTED ON. MAJORITY VOTE IS REQUIRED TO PASS ANY DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER THE 990 IS PREPARED BY A CPA FIRM THE RETURN IS GIVEN TO THE BOARDMEMBERS TO REVIEW BEFORE SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WHILE THE BOARD DOES NOT HAVE A FORMAL WRITTEN CONFLICT OF INTEREST POLICY IN PLACE, THEY DO HAVE A VERBAL AGREEMENT BETWEEN THE BOARDMEMBERS WHICH REQUIRES THE BOARD MEMBERS TO ACKNOWLEDGE WHEN A POTENTIAL CONFLICT OF INTEREST DOES OCCUR SO THE BOARD CAN TAKE ACTION TO MAKE SURE THE ORGANIZATION IS NOT NEGATIVELY AFFECTED BY THE CONFLICT AND IT IS WITHIN THE MISSION AND REGULATIONS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 IS AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST. IT IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ALL TAX RETURNS AND PUBLIC DOCUMENTS AVAILABLE TO THE PUBLIC DURING NORMAL BUSINESS HOURS UPON REQUEST. THE INFORMATIONAL RETURNS (FORM 990) ARE AVAILABLE ON WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
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