2020-11-13T17:14:59-05:00 2019-12-31 382084770 KARPUS SCOTT & COMPANY PC 51541 VAN DYKE AVENUE SHELBY TOWNSHIP MI 48316 990 2019-01-01 362047040 Trustees of the Graceland Cemetery Improvement Fd TRUS 4001 North Clark Street Chicago IL 606131903 Lawrence F Sloane Director 7735251105 2020-11-13 true David A Brunning CPA P01234704 5869910173 108.204.24.61 2020-11-13 17:17:07 3885882020318asztlnb 2020-11-13 P 20361C30E808BE2E361EB1F8B2F0B1F6E38535E9 20361C30E808BE2E361EB1F8B2F0B1F6E38535E9 2019 2021-04-22 16:20:28Z LAWRENCE F SLOANE 2255130 false X www.gracelandcemetery.org X 1865 IL PROVIDES PERPETUAL MAINTENANCE AND PRESERVATION OF THE GRACELAND CEMETERY LOCATED IN CHICAGO, ILLINOIS. 11 11 6 97824 96824 0 438200 440895 1932722 1188470 200316 97824 2571238 1727189 0 0 257512 312054 0 0 1653027 1760194 1910539 2072248 660699 -345059 49470185 54411341 54914 44821 49415271 54366520 PROVIDES PERPETUAL MAINTENANCE AND PRESERVATION OF THE GRACELAND CEMETERY LOCATED IN CHICAGO, ILLINOIS. false false 2072248 PROVIDING MAINTENANCE AND PRESERVATION OF THE CEMETERY FOR THE BENEFIT OF ITS MEMBERS. 2072248 false false false false false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 6 true true true false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true false true true true false X LAWRENCE F SLOANE 7735251105 4001 North Clark Street Chicago IL 606131903 X TIMOTHY C COLEMAN TRUSTEE 0.20 0.00 X 0 0 0 JOHN J BORLAND JR TRUSTEE 0.20 0.00 X 0 0 0 ALLAN E BULLEY III TRUSTEE 0.20 0.00 X 0 0 0 HENRY H KUEHN TRUSTEE 0.20 0.00 X 0 0 0 ANDREW V MCNALLY TRUSTEE 0.20 0.00 X 0 0 0 ARTHUR M WOOD JR TRUSTEE 0.20 0.00 X 0 0 0 WILLIAM BICKFORD TRUSTEE 0.20 0.00 X 0 0 0 JAMEE FIELD KANE TRUSTEE 0.20 0.00 X 0 0 0 FREDERICK G WACKER III TRUSTEE 0.20 0.00 X X 0 0 0 ROBERT E WOOD II TRUSTEE 0.20 0.00 X X 0 0 0 ROBERT T ISHAM JR TRUSTEE 0.20 0.00 X X 0 0 0 LAWRENCE F SLOANE DIRECTOR 5.00 0.00 X 0 0 0 0 0 0 0 false false false Bulley Andrews LLC 75 Remittance Drive Chicago IL 60613 Renovations 114362 Gresham Partners LLC 333 W Wacker Drive Chicago IL 60613 Investment Mngmt 229153 Mariani Landscape 300 Rockland Road Lake Bluff IL 60044 Maintenance 649243 3 GRAVE AND NICHE SALES 900099 347200 347200 SPECIAL SERVICES 900099 26139 26139 INTERMENT SERVICES 900099 67100 67100 456 456 440895 1186336 1186336 530075 527941 2134 2134 2134 GP GLOBAL EQUITY LP 523000 75440 75440 GP PRV EQ STRAT 2015 LP 523000 24908 24908 GP PRV EQ STRAT 2014 LP 523000 10043 10043 -12567 -12567 97824 1727189 1629365 97824 0 X 223419 22517 46478 19640 108000 183 56750 231771 692798 5913 15208 321823 60971 REPAIRS AND MAINTENANCE 61801 61801 TREE MAINTENANCE 44379 44379 MATERIALS AND SUPPLIES 35803 35803 UNRELATED BUSINESS TAX 31159 31159 93635 2072248 0 0 0 200 200 3284641 2437441 29345 90518 163836 181176 64500 69932 12235873 6198108 6163504 6037765 39764159 45594309 49470185 54411341 54914 44821 54914 44821 X 49415271 54366520 49415271 54366520 49470185 54411341 -345059 5296308 0 X false true X true false 5987047 2714977 3272070 634150 607345 26805 5614676 2875786 2738890 6037765 X 7023497 5296308 5296308 1727189 1727189 2072248 2072248 2072248 Footnote for uncertain tax position under FIN 48 (Part X) GRACELAND HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATON OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, GRACELAND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. AS OF DECEMBER 31, 2019, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECOREDED AS LIABILITIES. Form 990 governing body review Part VI line 11 THE ORGANIZATION DOES NOT PROVIDE FORM 990 TO ALL MEMBERS OF THE ORGANIZATIONSS GOVERNING BOARD BEFORE IT IS FILED. THE FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER OF THE ORGANIZATION BEFORE IT IS FILED. THE BOARD OF TRUSTEES REVIEW THE ANNUAL AUDIT FROM WHICH THE INFORMATION TO PREPARE THE FORM 990 IS OBTAINED. Conflict of interest policy compliance Part VI line 12c THE ORGANIZATION HAS AN OUTSIDE CONSULTANT WHO MONITORS THE CONFLICT OF INTEREST POLICY. CEO executive director top management comp Part VI line 15a THE ORGANIZATION USES AN OUTSIDE CONSULTANT WHO WORKS WITH MULTIPLE CEMETERIES AND THE ORGANIZATION USES THE CONSULTANT AS AN EXPERT IN THIS INDUSTRY. THE CONSULTANT PROVIDES RECOMMENDATIONS ABOUT SALARIES BASED UPON HIS EXPERIENCE WITH OTHER CEMETERIES. Other officer or key employee compensation Part VI line 15b THE ORGANIZATION USES AN OUTSIDE CONSULTANT WHO WORKS WITH MULTIPLE CEMETERIES AND THE ORGANIZATION USES THE CONSULTANT AS AN EXPERT IN THIS INDUSTRY. THE CONSULTANT PROVIDES RECOMMENDATIONS ABOUT SALARIES BASED UPON HIS EXPERIENCE WITH OTHER CEMETERIES. Governing documents etc available to public Part VI line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATIONS OFFICE. List of other fees for services expenses Part IX line 11g GROUNDS MAINTENANCE CONTRACTOR $444,406CONTRACTED LABOR - INTERMENTS $115,875CONTRACTED LABOR - OTHER $112,789GROUNDS SECURITY $ 16,950PAYROLL SERVICE $ 2,778