Clover Fields Preservation Foundation Inc
- Assets
- $5.5m
- Revenue
- $2.2m
- Investments
- $485.7k
- Employees
- 0
- Location
- Naples, FL
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-0818142
Organization Overview
Clover Fields Preservation Foundation Inc is located in Naples, FL. The organization was established in 2006. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clover Fields Preservation Foundation 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 12/2023, Clover Fields Preservation Foundation Inc generated $2.2m in total revenue. All expenses for the organization totaled $884.5k during the year ending 12/2023. While expenses have increased by 117.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen J Hemsley President | 2 | $0 | |
Barbara K Hemsley Director | 0.5 | $0 | |
John M Hemsley Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lynbrook Of Annapolis | 12/30/23 | $417,255 |
Mchale Landscape Design | 12/30/23 | $108,045 |
James H Barton Iii | 12/30/23 | $100,112 |
Retrospect Architectural Research Llc | 12/30/23 | $49,760 |
William V Sipple And Son | 12/30/23 | $31,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $164,817 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,049,062 |
| Capital Gain Net Income | $2,049,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,213,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,468 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $881,999 |
| Total operating and administrative expenses | $884,467 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $884,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,159,305 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $2,901,417 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,546,415 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |