2024-05-12T19:29:58-05:00 2023-12-31 454767546 WDC & ASSOCIATES LLP 10866 WILSHIRE BLVD 350 LOS ANGELES CA 90024 990 2023-01-01 954730288 PARADISE MEMORIAL PARK CEMETERY MEMORIAL FUND PARA 5628647316 10866 WILSHIRE BLVD 350 LOS ANGELES CA 90024 MICKEL ARIAS PRESIDENT 3106701600 2024-05-12 1 MICKEL ARIAS XXX-XX-XXXX 1 PAUL C WAHLQUIST P00192483 3104797720 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z MICKEL ARIAS 10866 WILSHIRE BLVD 350 LOS ANGELES CA 90024 717893 0 X N/A X 2002 CA MAINTAINING AND CARING FOR PARADISE MEMORIAL PARK CEMETERY 2 2 0 0 0 0 0 0 0 0 103746 55422 0 0 103746 55422 0 0 0 0 9850 9971 0 0 0 111127 115662 120977 125633 -17231 -70211 1788689 1888471 0 0 1788689 1888471 X MAINTAINING AND CARING FOR PARADISE MEMORIAL PARK CEMETERY 0 0 THE PRIMARY EXEMPT PURPOSE OF PARADISE MEMORIAL PARK CEMETERY MEMORIAL FUND (THE FUND) IS TO PROVIDE FOR THE MAINTENANCE, CARE, IMPROVEMENT AND EMBELLISHMENT OF PARADISE MEMORIAL PARK CEMETERY (CEMETERY). THE FUND WILL ALSO ASSIST FAMILY MEMBERS IN LOCATING THE REMAINS OF RELATIVES BURIED AT THE CEMETERY.THE CEMETERY WAS ACQUIRED BY THE FUND AS RESULT OF A LEGAL SETTLEMENT BETWEEN THE FORMER OWNERS OF THE CEMETERY AND VARIOUS INTERESTED PARTIES. THE SUPERIOR COURT OF THE COUNTY OF LOS ANGELES AND THE CALIFORNIA DEPARTMENT OF CONSUMER AFFAIRS APPROVED THE TRANSFER TO THE FUND AS PART OF THE LEGAL SETTLEMENT.THE LEGAL SETTLEMENT ALSO PROVIDED AN INITIAL CAPITAL CONTRIBUTION TO THE FUND FROM THE PROCEEDS OF THE LITIGATION. THE MAIN PURPOSE OF THE CAPITAL CONTRIBUTION IS TO PROVIDE A PERMANENT ENDOWMENT TYPE RESERVE FOR THE FUND TO FINANCE THE REASONABLE AND NECESSARY MAINTENANCE OF THE CEMETERY FOR DECADES TO COME.THE COURT ORDER APPROVING THE LEGAL SETTLEMENT AND THE GOVERNING INSTRUMENTS OF THE FUND CONTAIN PROVISIONS THAT LIMIT THE SPENDING OF THE NON-PROFIT, AND REQUIRE THAT THE FUNDS BE HELD BY AN INSTITUTIONAL TRUSTEE AT A FEDERALLY INSURED FINANCIAL INSTITUTION. 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X WDC & ASSOCIATES LLP 3104797720 10866 WILSHIRE BLVD 350 LOS ANGELES CA 90024 X MICKEL M ARIAS CHAIRMAN OF THE BOARD 5.00 X 0 0 0 ARLENE HERRERA SECRETARY 2.00 X 0 0 0 AUDREY HUGHLEY TREASURER 1.00 X 0 0 0 FIRST REGIONAL BANK TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 48733 48733 669160 662471 6689 6689 6689 55422 0 0 55422 9100 871 15936 19820 657 5656 8560 MAINTENANCE EXPENSE 53175 UTILITIES 9066 PAYROLL PROCESSING FEES 2792 125633 24290 17306 40255 39085 0 1170 1764399 1869995 1788689 1888471 0 0 X -319949 -220167 0 0 2108638 2108638 1788689 1888471 1788689 1888471 -70211 169994 0 X 0 0 0 2108638 2108638 2108638 2108638 2108638 2108638 2108638 2108638 2108638 2108638 0 0 40255 39085 1170 1170 FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ELECTRONIC COPIES OF THE FORM 990 ARE SENT TO EACH OFFICER AND DIRECTOR FOR THEIR REVIEW. EACH IS REQUESTED TO CONFIRM THAT THE ELECTRONIC COPY OF THE RETURN WAS RECEIVED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION AND ITS BOARD OF DIRECTORS THROUGH MEETINGS AND DISCUSSIONS REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE OF ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND COPIES OF THE TAX RETURNS ARE FILED AND MAINTAINED AT OUR MAIN OFFICE AND ARE AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC MICKEL M. ARIAS - P.O. BOX 3322, SANTA FE SPRINGS, CA 90670. ARLENE HERRERA - P.O. BOX 3322, SANTA FE SPRINGS, CA 90670. AUDREY HUGHLEY - P.O. BOX 3322, SANTA FE SPRINGS, CA 90670. FIRST REGIONAL BANK - 1801 CENTURY PARK EAST, SUITE 800, CENTURY CITY, CA 90067.