2021-06-08T10:19:06-05:00 2021-01-31 221866743 GERMAN VREELAND & ASSOCIATES LLP 2 RIDGEDALE AVE SUITE 300 CEDAR KNOLLS NJ 079271119 990 2020-02-01 220900710 FAIRMOUNT CEMETERY ASSOCIATION OF NEWARK AND SOMERSET HILLS FAIR 9736230695 620 CENTRAL AVENUE NEWARK NJ 07107 FREDERICK B LEHLBACH PRESIDENT-SECRETARY 9736230695 2021-06-08 FRED LEHLBACH 999009999 VICTOR MAISANO CPA P00359999 9736052777 2021-06-08 2020 2022-09-23 18:48:47Z FREDERICK B LEHLBACH 620 CENTRAL AVENUE NEWARK NJ 07107 6451348 false X SEE ATTACHED X 1855 NJ INTERMENT AND ENTOMBMENT OF HUMAN REMAINS, CREMATORY SERVICES AND THE MAINTENANCE AND PRESERVATION OF MAUSOLEUM AND CEMETERY GROUNDS FOR ITS TWO LOCATIONS AT FAIRMOUNT CEMETERY IN NEWARK, NEW JERSEY AND SOMERSET HILLS MEMORIAL PARK IN BASKING RIDGE, NEW JERSEY. 7 7 16 0 0 2906114 3502220 982387 1638388 34974 30399 3923475 5171007 0 0 1171951 1318458 0 0 2225810 2827800 3397761 4146258 525714 1024749 46074159 51766768 655204 746339 45418955 51020429 X INTERMENT AND ENTOMBMENT OF HUMAN REMAINS, CREMATORY SERVICES AND THE MAINTENANCE AND PRESERVATION OF MAUSOLEUM AND CEMETERY GROUNDS FOR ITS TWO LOCATIONS AT FAIRMOUNT CEMETERY IN NEWARK, NEW JERSEY AND SOMERSET HILLS MEMORIAL PARK IN BASKING RIDGE, NEW JERSEY. false false CEMETERY, MAUSOLEUM AND CREMATORY OPERATIONS. false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false true false false false false false false false false false true 15 0 true 16 true false false false false false false false false X 7 7 false false false false true true true true true false false true true true true true true true false false X THE ASSOCIATION 9736230695 PO BOX 36 95 MOUNT AIRY ROAD BASKING RIDGE NJ 07920 DAVID S OSTERMAN BOARD CHAIR 5.00 X X 15084 0 0 RICK EDWARDS TREASURER 5.00 X X 13250 0 0 THOMAS HOFFMAN VICE-CHAIR 5.00 X X 13250 0 0 ESTHER CLOVIS BOARD MEMBER 2.00 X 12500 0 0 KARA MACKENZIE BOARD MEMBER 2.00 X 13250 0 0 JACQUELINE L WELSH BOARD MEMBER 2.00 X 13250 0 0 CHRISTOPHER M WIEDENMAYER JR BOARD MEMBER 2.00 X 4916 0 0 CHRISTOPHER M WIEDENMAYER BOARD MEMBER 5.00 X 13500 0 0 FREDERICK B LEHLBACH PRESIDENT-SE 50.00 X 188558 0 11556 287558 11556 1 false true false MOST FAVORED LLC 197 STATE ROUTE 18 SOUTH SUITE 3000 EAST BRUNSWICK NJ 08816 MAINTENANCE 703795 STEWART BUILDERS LLC 33 W SPRINGTOWN ROAD LONG VALLEY NJ 07853 CONTRACTOR 335405 PAUL S COX CPA 22 BROAD STREET SUMMIT NJ 07901 ACCOUNTING 105333 3 MAUSOLEUM AND CREMATORY 900099 1873520 1873520 CEMETERY OPERATIONS 900099 1628700 1628700 3502220 827655 827655 2091074 1280341 810733 810733 810733 MANAGEMENT FEE FROM FUNDS 900099 30399 30399 30399 5171007 3532619 1638388 287558 749016 44000 147634 90250 2068 130962 68267 18048 29462 51538 6117 5352 688 121730 IMPROVEMENTS 1006536 CONTRACT SERVICES 769594 COMMISSIONS 160885 SUPPLIES 126532 330021 4146258 0 0 0 391918 397323 492716 505878 2 2 2 2 2 45154547 50833164 34974 30399 46074159 51766768 127514 210062 492716 505878 34974 30399 655204 746339 X 45418955 51020429 45418955 51020429 46074159 51766768 1024749 4576725 X false true X true false 2 2 2 EQUITY 35391431 F FIXED INCOME 8890599 F EXCHANGE TRADED FUNDS 6162011 F CASH 389123 F 50833164 DUE TO GENERAL FUND 30399 30399 X 9747732 4576725 4576725 5171007 5171007 4146258 4146258 4146258 SCHEDULE D, PAGE 3, PART X THE ASSOCIATION FOLLOWS FASB 740 "INCOME TAXES" WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE ASSOCIATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITY. FOR THE YEAR ENDED JANUARY 31, 2021, THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAINTIES IN INCOME TAXES. IN ADDITION, THE ASSOCIATION HAS NOT INCURRED ANY INCOME TAX RELATED PENALTIES OR INTEREST FOR THE YEAR ENDED JANUARY 31, 2021, AND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR THE YEARS PRIOR TO 2017. X X X false false false FREDERICK B LEHLBACH PRESIDENT-SECRETARY 185000 3558 11556 200114 OSTERMAN LAW LLC FAMILY 58379 LEGAL SERVICES false SCHEDULE L, PART V THE ABOVE TRANSACTION BETWEEN FAIRMOUNT CEMETERY ASSOCIATION OF NEWARK AND SOMERSET HILLS AND OSTERMAN LAW LLC WAS APPROVED BY THE BOARD OF MANAGERS, AS SET FORTH IN THE MINUTES OF THE BOARD OF MANAGERS FOR DECEMBER 3, 2020 AS FOLLOWS: ACTION RELATING TO POTENTIAL CONFLICT OF INTEREST: CHAIRMAN OSTERMAN DISCLOSED THAT MANAGEMENT HAS RETAINED HIS BROTHER, MICHAEL OSTERMAN, ESQ., WITH RESPECT TO CERTAIN LAND USE ISSUES AT SOMERSET HILLS MEMORIAL PARK. IN ACCORDANCE WITH THE SECTION IV OF THE CONFLICT OF INTEREST AND COMPENSATION POLICY, THE BOARD CONSIDERED THE ISSUE AND CONCLUDED THAT THE RETENTION DID NOT RAISE QUESTIONS OF BIAS, INAPPROPRIATE USE OF THE ASSOCIATION'S ASSETS, OR ANY OTHER IMPROPRIETY, AND THEREFORE DID NOT PRESENT A CONFLICT OF INTEREST. THE BASIS FOR THE APPROVAL WAS THAT THE RETENTION WAS IN THE ORDINARY COURSE OF BUSINESS AND REQUIRED TO ADDRESS LEGAL ISSUES RAISED BY THE GOVERNING LAND USE ORDINANCE, AND THAT THE FEES CHARGED BY MICHAEL OSTERMAN ARE REASONABLE AND IN KEEPING WITH CUSTOMARY BILLING RATES CHARGED BY LAND USE ATTORNEYS IN THE AREA. FORM 990 - ORGANIZATION'S MISSION INTERMENT AND ENTOMBMENT OF HUMAN REMAINS, CREMATORY SERVICES AND THE MAINTENANCE AND PRESERVATION OF MAUSOLEUM AND CEMETERY GROUNDS FOR ITS TWO LOCATIONS AT FAIRMOUNT CEMETERY IN NEWARK, NEW JERSEY AND SOMERSET HILLS MEMORIAL PARK IN BASKING RIDGE, NEW JERSEY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS (LOT OWNERS) THAT ELECT THE BOARD OF MANAGERS. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION HAS MEMBERS (LOT OWNERS) THAT ELECT THE BOARD OF MANAGERS. FORM 990, PAGE 6, PART VI, LINE 7B ALTHOUGH THE BYLAWS DO NOT SPECIFICALLY PROVIDE FOR ANY GOVERNANCE DECISIONS TO BE RESERVED TO (OR SUBJECT TO THE APPROVAL OF) THE MEMBERS, NEW JERSEY CORPORATE LAW WOULD LIKELY BE INTERPRETED SO AS TO REQUIRE THAT THE MEMBERS HAVE THE RIGHT TO APPROVE ANY REVISIONS TO THE CERTIFICATE OF INCORPORATION NECESSITATED BY ANY PROPOSALS PUT FORTH BY THE GOVERNING BODY AFFECTING FUNDAMENTAL ISSUES OF CORPORATE STRUCTURE OR CORPORATE GOVERNANCE. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT OF THE ORGANIZATION RECEIVES FORM 990 AND PRESENTS THE RETURN TO THE BOARD OF MANAGERS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION'S BOARD OF MANAGERS AND EMPLOYEES MUST DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE SETTING OF THE COMPENSATION FOR THE PRESIDENT (THE "TOP MANAGEMENT OFFICIAL") IS FIRST INITIATED BY THE COMPENSATION COMMITTEE AFTER CONSIDERATION OF APPLICABLE COMPARABILITY DATA AND THEREAFTER REVIEWED AND APPROVED BY THE ENTIRE BOARD OF MANAGERS, WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE UPON REQUEST.