2020-11-16T22:31:19-06:00 2019-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-01-01 111104610 LEBANON CEMETERY ASSOCIATION OF QUEENS INC LEBA 7188210200 7800 MYRTLE AVENUE GLENDALE NY 11385 JAY L IVLER PRESIDENT 7188210200 2020-11-16 1 GARRETT M HIGGINS P00543209 9143818900 2020-11-10 24.190.81.120 2020-11-16 22:31:14 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2019 2021-04-22 16:20:28Z JAY L IVLER 7800 MYRTLE AVENUE GLENDALE NY 11385 146555692 0 X WWW.MOUNTLEBANONCEMETERY.COM X 1929 NY MOUNT LEBANON CEMETERY CORPORATION WAS FORMED IN 1914 AND ORGANIZED AS THE LEBANON CEMETERY ASSOCIATION OF QUEENS, INC. BY A CERTIFICATE OF INCORPORATION FILED IN 1929. OUR MISSION, THEN AND NOW, IS TO MAINTAIN AND OPERATE A CEMETERY. SERVICES PROVIDED INCLUDE THE SALE OF BURIAL SPACE, TO MAKE INTERMENTS AND THE MAINTENANCE OF OUR GROUNDS. 6 4 45 0 -512337 -732947 0 0 1456914 1315685 7885260 6027634 0 0 9342174 7343319 0 0 0 0 3369538 3637412 0 0 0 3161786 3080696 6531324 6718108 2810850 625211 150330411 175348187 238165 284507 150092246 175063680 X MOUNT LEBANON CEMETERY CORPORATION WAS FORMED IN 1914 AND ORGANIZED AS THE LEBANON CEMETERY ASSOCIATION OF QUEENS, INC. BY A CERTIFICATE OF INCORPORATION FILED IN 1929. OUR MISSION, THEN AND NOW, IS TO MAINTAIN AND OPERATE A CEMETERY. SERVICES PROVIDED INCLUDE THE SALE OF BURIAL SPACE, TO MAKE INTERMENTS AND THE MAINTENANCE OF OUR GROUNDS. 0 0 THE MAINTENANCE OF THE CEMETERY, THE SALE OF GRAVES, THE CARE OF GRAVES, AND THE BURIAL OF THE DEAD WERE THE PROGRAM SERVICES PROVIDED RELATING TO THE EXPENDITURES SHOWN IN PART IX. IN 2019, THE ORGANIZATION SOLD 56 GRAVES, 4 FAMILY PLOTS, 6 MAUSOLEUM CRYPT SPACES, AND 7 MAUSOLEUM NICHE SPACES WHICH LED TO SALES OF $395,068 ADDITION, THE ORGANIZATION HELD 243 INTERMENTS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 34 0 45 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAY L IVLER 7188210200 7800 MYRTLE AVENUE GLENDALE NY 11385 JAY L IVLER PRESIDENT & DIRECTOR 40.00 X X 349000 0 53697 JAN NEUMAN SECRETARY AND TREASURER 40.00 X 202000 0 47402 MATTHEW IVLER VICE PRESIDENT & DIRECTOR 40.00 X X 191100 0 49890 ALAN HANDLER LEGAL COUNSEL 24.00 X 139240 0 43479 ROBERT HOUDE SUPERINTENDENT 40.00 X 129540 0 17871 JORDAN IVLER DIRECTOR OF SALES 40.00 X 108106 0 33433 MARIBETH CIGNA OFFICER MANAGER 40.00 X 103221 0 21139 ALLAN KOMITEE DIRECTOR 0.50 X 20950 0 0 MICHAEL NUSSBAUM DIRECTOR 0.50 X 19250 0 0 A ALLEN BLOCK DIRECTOR 0.20 X 16250 0 0 DOMINICK TARANTINO DIRECTOR 0.20 X 15850 0 0 1294507 0 266911 7 0 1 0 UBS FINANCIAL SERVICES 1285 AVENUE OF THE AMERICAS NEW YORK NY 10019 INVESTMENT MANAGEMENT FEES 1474341 BRIGHTVIEW LANDSCAPE SERVICES LLC PO BOX 740655 ATLANTA GA 303740655 LANDSCAPING 279063 2 SERVICE CHARGES 900099 532974 532974 SALES OF LOTS, GRAVES AND CRYPTS 900099 395068 395068 CARE AND PLANTING SERVICES 900099 387643 387643 1315685 5265075 -705432 5970507 139974932 139212373 762559 762559 193095 569464 7343319 1315685 -512337 6539971 965389 1812886 191330 445171 222636 20921 72000 1512134 46890 6219 91912 70404 93886 18574 48452 362887 MAINTENANCE 614589 LAND SALES EXPENSE 115949 UBI TAX EXPENSE 5879 6718108 255791 143765 6511799 6804269 108945 108281 120000 150000 294692 180822 5535498 2465907 3050077 3069591 128506550 150215914 11309201 14511929 173356 163616 150330411 175348187 41778 49797 94478 140560 101909 94150 238165 284507 X 150092246 175063680 150092246 175063680 150330411 175348187 X 625211 24301295 44928 X X 0 1 X 1 0 20000 20000 5239314 2305571 2933743 276184 160336 115848 3069591 ALTERNATIVE INVESTMENTS 14511929 F 14511929 DUE TO CERTIFICATE HOLDERS 7075 DEFERRED GAINS ON OPTION SALES 87075 94150 X 30126601 24301295 24301295 5825306 1512134 5879 1518013 7343319 5200095 0 5200095 1512134 5879 1518013 6718108 PART X, LINE 2: THE CEMETERY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE THAN LIKELY NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CEMETERY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CEMETERY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO DECEMBER 31, 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: UBI TAX EXPENSE REPORTED ON PART IX: 5,879. PART XII, LINE 4B - OTHER ADJUSTMENTS: UBI TAX EXPENSE REPORTED ON PART IX: 5,879. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 4282725 0 0 0 0 0 0 4282725 0 4282725 1 0 1 0 1 0 PART III ACCOUNTING METHOD: PART IV, LINE 1: THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT MEETS THE APPLICABLE FILING THRESHOLD REQUIREMENT. PART IV, LINE 3 AND LINE 5: THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 5471 AND 8865 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD FOR OWNERSHIP OR OTHER FILING REQUIREMENTS. X X 0 0 0 JAY L IVLER PRESIDENT & DIRECTOR 327000 0 22000 0 0 0 21355 0 32342 0 402697 0 0 0 JAN NEUMAN SECRETARY AND TREASURER 180000 0 22000 0 0 0 13555 0 33847 0 249402 0 0 0 MATTHEW IVLER VICE PRESIDENT & DIRECTOR 169100 0 22000 0 0 0 20234 0 29656 0 240990 0 0 0 ALAN HANDLER LEGAL COUNSEL 136240 0 3000 0 0 0 22653 0 20826 0 182719 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JAY AND MATTHEW IVLER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE OWNERS OF BURIAL RIGHTS. ALL INDIVIDUALS WHO PURCHASE BURIAL RIGHTS AND HAVE PAID IN FULL ARE ISSUED A DEED. OWNERSHIP OF THE BURIAL RIGHT PASSES IN ACCORDANCE WITH NYS LAW IF NOT SPECIFICALLY DEVISED IN A WILL OR BY COURT ORDER. THE CERTIFICATE HOLDERS RECEIVE A SHARE OF THE NET SALES FROM LAND, GRAVES, AND CRYPTS SEMI-ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7A THE CEMETERY'S BOARD HAS QUARTERLY MEETINGS AND IS IN ACCORDANCE WITH NYS DIVISION OF CEMETERIES AND THE CEMETERY'S BY-LAWS. AT A DESIGNATED QUARTERLY MEETING THE MEMBERS ELECT THE BOARD OF DIRECTORS SEATS WHOSE TERMS HAVE EXPIRED. EACH MEMBER/OWNER IS ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS (OWNERS OF BURIAL RIGHTS) VOTE TO RATIFY THE DECISIONS OF MANAGEMENT. PRIMARY DECISIONS OF THE BOARD OF DIRECTORS ARE PRESENTED TO THE MEMBERS. MEMBERS VOTE WITH RESPECT TO OPEN BOARD POSITIONS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IS ENFORCED ANNUALLY. AT EACH BOARD MEETING THE CONFLICT OF INTEREST POLICY IS MENTIONED. ALL BOARD MEMBERS ARE AWARE OF THE NECESSITY OF DISCLOSING ANY CONFLICT OF INTEREST. IF A CONFLICT WERE TO ARISE, IT IS DISCUSSED BY THE BOARD, AND A DECISION IS VOTED ON ABOUT HOW TO HANDLE THE CONFLICT. ANY CONFLICTED BOARD MEMBER MAY NOT VOTE ON, OR PARTICIPATE IN ANY MATTER IN WHICH THEY HAVE AN INTEREST. ALL BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICTS OF INTEREST DISCLOSURE FORM AND NOTIFY THE CHAIRMAN IF CIRCUMSTANCES CHANGE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 AT THE ORGANIZATION'S BOARD OF DIRECTOR'S MEETING HELD IN MARCH, THE BOARD OF DIRECTORS VOTE UPON PROPOSED INCREASES FOR OFFICERS. THESE POSITIONS INCLUDE PRESIDENT, VICE PRESIDENT, AND SECRETARY/TREASURER. THE DETERMINATION IS MADE USING A REVIEW OF COMPARABLE DATA FROM SIMILAR ORGANIZATIONS AND EMPLOYMENT COST INDEX FIGURES AS A GUIDELINE. UPON BOARD APPROVAL COMPENSATION IS ESTABLISHED AND DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS LAST OCCURRED IN MARCH 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 7800 MYRTLE AVENUE, GLENDALE, NY 11385...OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)-821-0200. FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT -305,322. ADDITIONS TO ENDOWED CARE TRUST FUNDS 350,250. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE BOARD OF DIRECTOR'S MAKES THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.