OAKWOOD CEMETERIES OF SYRACUSE INC

EIN: 161160171

SYRACUSE, NY

Total Revenue
$2,069,451
Total Expenses
$2,083,487
Total Assets
$8,891,865
Net Assets
$8,781,015
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1859
Legal Domicile
NY
Principal Officer
DANIEL GLAVIN
Phone
3154752194
Tax Period
2023-01-01 to 2023-12-31

OAKWOOD CEMETERIES OF SYRACUSE INC, founded in 1859, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Net assets of $8.8M represent 51 months of operating reserves.

Mission

TO INTER THE DECEASED WITH DIGNITY AND CARE FOR THE RECORDS AND GROUNDS IN A PROFESSIONAL MANNER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,713
Program Service Revenue $1,748,109
Investment Income $217,344
Other Revenue $79,285
TOTAL REVENUE $2,069,451

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,260,030
Fundraising Expenses $0
Other Expenses $823,457
TOTAL EXPENSES $2,083,487

Year-over-Year Comparison

2023 2022 Change
Revenue $2,069,451 $2,070,273 0.0%
Expenses $2,083,487 $1,883,030 +0.1%
Net Income $-14,036 $187,243 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
31
Volunteers
12

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$208,821
Total Directors
13
$208,821
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN E CHASE 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CONNIE B PALUMB TRUSTEE 1.00
Director
$0 $0 $0
DANIEL B GLAVIN ED/ASSISTANT TREASURER 40.00
Officer Director
$186,600 $22,221 $208,821
JEFFREY COMANICI PRESIDENT 1.00
Officer Director
$0 $0 $0
LUCIA WHISENAND SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS J BASSETT TREASURER 1.00
Officer Director
$0 $0 $0
CAROLE ANN FLANDERS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT CLUSE TRUSTEE 1.00
Director
$0 $0 $0
ALLYN JONES TRUSTEE 1.00
Director
$0 $0 $0
VIRGINIA BIESIADA O'NEILL TRUSTEE 1.00
Director
$0 $0 $0
TERRY MORRIS TRUSTEE 1.00
Director
$0 $0 $0
SHERYE SKINNER TRUSTEE 1.00
Director
$0 $0 $0
JANE CHASE TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,069,451 $2,083,487 $8,891,865 $-14,036
2022 $2,070,273 $1,883,030 $8,309,580 $187,243
2021 $2,259,806 $1,723,896 $9,113,777 $535,910
2020 $2,122,533 $1,589,909 $8,097,057 $532,624
2019 $1,955,706 $1,565,239 $7,234,914 $390,467
2018 $1,777,947 $1,516,010 $6,368,516 $261,937
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