2024-07-18T11:39:56-05:00 2023-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-10-01 410364020 LAKEWOOD CEMETERY ASSOCIATION LAKE 6128222171 3600 HENNEPIN AVENUE SOUTH MINNEAPOLIS MN 554081389 CHRISTOPHER MAKOWSKE PRESIDENT 6128222171 2024-06-26 1 CHRISTOPHER MAKOWSKE XXX-XX-XXXX 1 KAREN A GRIES P00078514 6128764500 2024-06-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER MAKOWSKE 3600 HENNEPIN AVENUE SOUTH MINNEAPOLIS MN 554081389 320997101 0 X WWW.LAKEWOODCEMETERY.ORG X 1871 MN WE SERVE FAMILIES AND OUR COMMUNITY BY OFFERING COMMEMORATIVE SERVICES TO HONOR, CELEBRATE, AND REMEMBER A LOVED ONE'S LIFE IN A PLACE OF BEAUTY AND SOLACE. 9 9 42 52 1478029 1262489 0 224090 8380783 6857877 26881691 2142002 216357 308772 35478831 9532741 0 0 0 0 3530444 3741199 0 0 0 8561089 10522202 12091533 14263401 23387298 -4730660 310078814 358653247 8112500 29999933 301966314 328653314 WE SERVE FAMILIES AND OUR COMMUNITY BY OFFERING COMMEMORATIVE SERVICES TO HONOR, CELEBRATE, AND REMEMBER A LOVED ONE'S LIFE IN A PLACE OF BEAUTY AND SOLACE. 0 0 THE ORGANIZATION IS A CEMETERY WHICH IS A TAX-EXEMPT ENTITY UNDER IRC SEC 501(C)(13). OUR PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE THE SALE OF INTERMENT RIGHTS, MEMORIAL MONUMENTS AND MARKERS, CREMATION URNS AND GROUND LEVEL VASES. OUR BURIAL ACTIVITIES CONSIST OF OPENING AND CLOSING GRAVES, SODDING, ETC. OF APPROXIMATELY 750 GRAVES PER YEAR (A TOTAL OF 320 CASKETS AND 530 URNS OF CREMATED REMAINS). WE ALSO PROVIDE CREMATION SERVICES TO AROUND 1500 FAMILIES. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 42 0 42 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CHRISTOPHER MAKOWSKE 6128222171 3600 HENNEPIN AVENUE SOUTH MINNEAPOLIS MN 554081389 BRUCE ENGELSMA CHAIR EMERITUS 0.30 0.00 X X 0 0 0 KATHLEEN P PEPSKI TREASURER 0.50 0.00 X X 3250 0 0 JOSE PERIS TRUSTEE 0.30 0.00 X 4875 0 0 DEBORAH HOPP VICE CHAIR 0.50 0.00 X X 6000 0 0 CHRISTINE BENT SECRETARY 0.50 0.00 X X 7500 0 0 RUFUS WINTON TRUSTEE 0.30 0.00 X 4000 0 0 KENT ADAMS TRUSTEE 0.50 0.00 X 6000 0 0 ROGER SIT TRUSTEE 0.10 0.00 X 1500 0 0 TONY LEUNG CHAIR 1.00 0.00 X X 0 0 0 LYNN CASEY TRUSTEE 0.10 0.00 X 1250 0 0 CHRISTOPHER MAKOWSKE PRESIDENT 44.00 1.00 X 204725 0 20549 JULIA GILLIS DIRECTOR OF MARKETING AND OUTREACH 43.00 2.00 X 137692 0 13547 KELLY LEAHY DIRECTOR OF FAMILY SERVICES 45.00 0.00 X 148328 0 12933 KELSIE MATESKI DIRECTOR OF FINANCE AND ADMINISTRATION 43.00 2.00 X 133489 0 18431 STEPHEN JORDAN IT MANAGER 40.00 0.00 X 112310 0 23565 770919 0 89025 5 0 1 0 JE DUNN CONSTRUCTION 800 WASHINGTON AVE N STE 600 MINNEAPOLIS MN 55401 CONSTRUCTION CONTRACTOR 15118553 PERSONNEL PLUS 3556 NICOLLET AVE SOUTH MINNEAPOLIS MN 55408 STAFFING AGENCY 1480236 MILLER DUNWIDDIE ASSOCIATION 100 WASHINGTON AVE S STE 500 MINNEAPOLIS MN 55401 DESIGN ARCHITECT FOR NEW WELCOME CENTER 1263915 LAZARD ASSET MANAGEMENT 30 ROCKEFELLER PLAZA NEW YORK NY 10112 INVESTMENT MANAGEMENT 518960 AAA LABOR 2508 HENNEPIN AVE MINNEAPOLIS MN 55405 STAFFING AGENCY 459088 21 224090 224090 SALE OF INTERMENT/ENTOMBMENT RIGH 900099 4498973 4498973 INTERMENT/ENTOMBMENT/CREMATION FE 900099 1667399 1667399 MEMORIAL INSTALLATION FEES 900099 442462 442462 MISCELLANEOUS INCOME/OTHER FEES 900099 190454 190454 GREENHOUSE AND WATERING ACTIVITIE 900099 58589 58589 6857877 1809068 1478029 331039 308772 0 308772 308772 308772 311797294 311464360 332934 332934 332934 9532741 6857877 1478029 972745 X 311540 2415961 235789 542917 234992 127806 256853 2435873 2505576 457838 222232 323473 1387027 14051 248131 858539 150350 COST OF INTERMENT/ENTOM 629224 COST OF MARKERS/VAULTS/ 424331 EQUIPMENT MAINTENANCE 366295 SUPPLIES AND MATERIALS 77746 36857 14263401 1326097 4177377 1524080 1393757 2919126 2522838 17117656 17266642 48244 59301 61152950 16920391 22809555 44232559 140372576 169638861 123890439 119313285 71041 48627 310078814 358653247 2843476 6999158 2883174 2781950 0 17829902 2385850 2388923 8112500 29999933 X 301966314 328653314 301966314 328653314 310078814 358653247 X -4730660 30751760 665900 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30476181 12926721 17549460 4881276 3993670 887606 25795493 25795493 44232559 UNCONSTRAINED FIXED INCOME 33907549 F INTERNATIONAL SMALL CAP EQUITY 5296655 F EMERGING MARKETS SMALL CAP EQUITY 4502025 F EMERGING MARKETS EQUITY 9631274 F U S PRIVATE EQUITY 32220465 F INTERNATIONAL PRIVATE EQUITY 1250314 F GLOBAL PRIVATE EQUITY 17666248 F NATURAL RESOURCES 3345653 F VENTURE CAPITAL/PRIVATE EQUITY 11309928 F DISTRESSED DEBT 183174 F 119313285 SPECIAL CARE FUND CORPUS 2388923 2388923 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(13) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS ALSO EXEMPT FROM STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS, THE ASSOCIATION ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION 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 ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS TAX POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME. NO LIABILITY HAS BEEN RECOGNIZED BY THE ASSOCIATION FOR UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2023 AND 2022. THE ASSOCIATION'S TAX RETURNS ARE NOT PRESENTLY UNDER EXAMINATION BY ANY TAXING AUTHORITIES. X 0 1 X X 0 0 0 CHRISTOPHER MAKOWSKE PRESIDENT 178725 0 26000 0 0 0 6181 0 14368 0 225274 0 0 0 KELLY LEAHY DIRECTOR OF FAMILY SERVICES 148328 0 0 0 0 0 4130 0 8803 0 161261 0 0 0 KELSIE MATESKI DIRECTOR OF FINANCE AND ADMINISTRATI 133489 0 0 0 0 0 3933 0 14498 0 151920 0 0 0 JULIA GILLIS DIRECTOR OF MARKETING AND OUTREACH 137692 0 0 0 0 0 4131 0 9416 0 151239 0 0 0 PART 1, LINE 1A LAKEWOOD HAS A MEMBERSHIP TO THE MINNEAPOLIS CLUB FOR USE BY BOARD CHAIR AND COMMITTEES, BUT THE MINNEAPOLIS CLUB CAN ONLY BE HELD IN AN INDIVIDUAL'S NAME. THE CURRENT BOARD CHAIR WAS UNABLE TO HAVE MEMBERSHIP IN HIS NAME AND THEREFORE, REQUESTED MEMBERSHIP TO BE IN THE NAME OF THE PRESIDENT FOR FY 2023. ANY PERSONAL USE OF MEMBERSHIP OR PERSONAL EXPENSES INCURRED AS PART OF THE MEMBERSHIP ARE REIMBURSED BY THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD ASSOCIATES OF THE ORGANIZATION SELECT THE TRUSTEES OF LAKEWOOD CEMETERY ASSOCIATION. BOARD ASSOCIATES ARE SELECTED BASED ON THEIR FIELD OF KNOWLEDGE/LEADERSHIP, PRIOR CONNECTION WITH LAKEWOOD CEMETERY ASSOCIATION AND BOARD DIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT FOR MANAGEMENT REVIEW. ONCE COMPLETED, THE RETURN IS REVIEWED BY THE AUDIT COMMITTEE CHAIR PRIOR TO FILING. AFTER THE AUDIT COMMITTEE CHAIR'S REVIEW, A COMPLETE COPY OF THE FINAL FORM 990 IS MADE AVAILABLE TO THE REMAINING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C COVERED PERSONS ARE COVERED UNDER THE POLICY. COVERED PERSONS INCLUDE ANY TRUSTEE, OFFICER, EXECUTIVE-LEVEL EMPLOYEE OR NON-TRUSTEE MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS. EACH YEAR, COVERED PERSONS ARE REQUIRED TO SIGN AND SUBMIT A CODE OF CONDUCT WHICH INCLUDES A CONFLICT OF INTEREST DISCLOSURE STATEMENT. POTENTIAL CONFLICTS ARE DISCUSSED WITH THE BOARD OF DIRECTORS OR COMMITTEE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT WITH LAKEWOOD. AFTER DISCLOSURE AND DISCUSSION, THE INTERESTED COVERED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING SO THAT THE REMAINING MEMBERS CAN VOTE ON WHETHER A CONFLICT EXISTS OR WHETHER LAKEWOOD CAN OBTAIN A TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT. THE BOARD CHAIR MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE. COMPARABLE INDUSTRY DATA IS USED AS WELL AS RESPONSES FROM A SURVEY CIRCULATED AMONG MEMBERS OF THE ENTIRE BOARD OF DIRECTORS EVALUATING THE PRESIDENT'S PERFORMANCE. THE REVIEW/APPROVAL PROCESS IS DOCUMENTED WITHIN MEETING MINUTES. THE DIRECTOR LEVEL COMPENSATION IS REVIEWED AND APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONTRACT LABOR-PART TIME/SEASONAL 2,505,576. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 665,900. LAKEWOOD HERITAGE FOUNDATION 3600 HENNEPIN AVENUE SOUTH MINNEAPOLIS MN 55408 822148476 EDUCATION AND PRESERVATION MN 501(C)(3) LINE 7 LAKEWOOD CEMETERY ASSOCIATION 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LAKEWOOD HERITAGE FOUNDATION C 224090 CASH TRANSFERRED