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Cemeteries |
ODMD counts several cemeteries among its not-for-profit clients. These facilities are both large and small and either independent entities or programs of religious or other institutions. Most are subject to the laws and regulations of the state body charged with cemetery oversight. Most have a perpetual care fund which supports the annual upkeep of covered plots.
The firm’s involvement with cemeteries provides ODMD partners and staff an opportunity to identify problem areas specific to those organizations and to develop solutions targeted to those issues and needs. ODMD professionals are familiar with the issues surrounding the sale of plots, accounting for columbaria, perpetual care and cemetery capitalization policies. They can also provide guidance in developing stronger internal controls and minimizing operational risk.
Cemeteries today face many challenges to the successful exercise of their mission and charitable objectives. ODMD can assist you as you navigate
- an increasingly complex economy and volatile investment marketplace
- the ever increasing demand for cemetery facilities and quality perpetual care
- the ever increasing competition for charitable resources both human and monetary
Services we currently provide to cemeteries include:
Annual Reporting
Taxation
Investments
- Investments policy compliance monitoring
- Spending rate planning
- Alternative investment due diligence
- Pooled investment policies and systems
Organizational and Operational Consulting
The ODMD Not-for-Profit team is your bridge between the requirements of today’s world and your organization’s goals and objectives.
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