Parks & Trails New York Inc
- Assets
- $2.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Albany, NY
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 14-1753475
Organization Overview
Parks & Trails New York Inc is located in Albany, NY. The organization was established in 1996. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Parks & Trails New York Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parks & Trails New York Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Parks & Trails New York Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 9.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PARKS & TRAILS NEW YORK, INC. IS A STATEWIDE CORPORATION WHOSE MISSION IS TO EXPAND, PROTECT, AND PROMOTE A NETWORK OF PARKS, TRAILS, AND OPEN SPACES THROUGHOUT THE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PROTECTION OF PARKS AND HISTORIC SITES AND CREATION OF NEW PARKS, GREENWAYS, RAIL TRAILS, AND CANAL TRAILS, BY INCREASING PUBLIC AWARENESS AND PROVIDING TECHNICAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Dropkin Executive Director | Officer | 40 | $139,752 |
Jeffrey Bender Chair | OfficerTrustee | 2 | $0 |
David Bronston Vice Chair | OfficerTrustee | 2 | $0 |
Angela Julien Vice Chair | OfficerTrustee | 2 | $0 |
Nadine Lemmon Secretary | OfficerTrustee | 2 | $0 |
Stephen Pagano Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $74,003 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $992,961 |
| All other contributions, gifts, grants, and similar amounts not included above | $528,373 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,595,337 |
| Total Program Service Revenue | $472,776 |
| Investment income | $24,690 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,074 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,106,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,829 |
| Compensation of current officers, directors, key employees. | $10,957 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $513,545 |
| Pension plan accruals and contributions | $14,954 |
| Other employee benefits | $79,233 |
| Payroll taxes | $58,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,255 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,174 |
| Travel | $15,845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,469 |
| Insurance | $3,004 |
| All other expenses | $981,083 |
| Total functional expenses | $1,957,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $913,585 |
| Savings and temporary cash investments | $473,871 |
| Pledges and grants receivable | $100,945 |
| Accounts receivable, net | $5,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $190,714 |
| Net Land, buildings, and equipment | $5,563 |
| Investments—publicly traded securities | $675,536 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,365,964 |
| Accounts payable and accrued expenses | $66,097 |
| Grants payable | $0 |
| Deferred revenue | $1,276,482 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,674 |
| Total liabilities | $1,345,253 |
| Net assets without donor restrictions | $839,362 |
| Net assets with donor restrictions | $181,349 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,365,964 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Parks & Trails New York Inc has recieved totaling $288,878.
| Awarding Organization | Amount |
|---|---|
The Ralph C Wilson Jr Foundation Detroit, MI PURPOSE: TO SUPPORT THE DEVELOPMENT OF THE GENESEE VALLEY GREENWAY TRAIL TOWN INITIATIVE. | $175,000 |
The Ralph C Wilson Jr Foundation Detroit, MI PURPOSE: TO SUPPORT THE DEVELOPMENT OF THE GENESEE VALLEY GREENWAY TRAIL TOWN INITIATIVE. | $75,000 |
Erie Canalway Heritage Fund Inc Waterford, NY PURPOSE: CYCLE THE ERIE CANAL | $15,000 |
Walbridge Fund Millbrook, NY PURPOSE: GENERAL | $10,000 |
Gunk Foundation Woodstock, NY PURPOSE: LAND USE ORGANIZATION, GENERAL OPERATING SUPPORT | $5,000 |
Topfield Foundation Inc Loudon, NH PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Parks Foundation Inc New York, NY | $46,351,327 | $21,146,324 |
Pier55 Inc New York, NY | $281,389,922 | $61,475,219 |
Bryant Park Corporation New York, NY | $13,271,219 | $15,814,011 |
Paul Simons Foundation Inc Stony Brook, NY | $121,782,003 | $9,487,542 |
Rosedale And Rosehill Cemetery Association Linden, NJ | $201,463,807 | $21,638,955 |
Prospect Park Alliance Inc Brooklyn, NY | $34,463,999 | $14,619,569 |
Avalon Nature Preserve Inc Stony Brook, NY | $43,010,885 | $9,560,636 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
Rose Fitzgerald Kennedy Greenway Conservancy Inc Boston, MA | $31,444,070 | $8,732,611 |
Ymca Of Marthas Vineyard Inc Vineyard Haven, MA | $24,356,522 | $5,436,042 |
Friends Of Hudson River Park Inc New York, NY | $3,524,338 | $4,419,034 |
White Haven Memorial Park Inc Pittsford, NY | $20,072,674 | $7,692,818 |