Winsted Playground Association
- Assets
- $1.9m
- Revenue
- $36.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Winsted, CT
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 20-4337169
Organization Overview
Winsted Playground Association is located in Winsted, CT. The organization was established in 2006. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winsted Playground Association 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 12/2021, Winsted Playground Association generated $36.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTAIN AND OPERATE PUBLIC PLAYGROUND
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WINSTED PLAYGROUND ASSOCIATION OPERATES AND MAINTAINS THE GAYLORD-TIFFANY PLAYGROUND. SUPERVISED SUMMER PLAYGROUND PROGRAMS ARE PROVIDED FOR CHILDREN IN THE CITY OF WINSTED, TOWN OF WINCHESTER, CONNECTICUT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig C Schroeder President | OfficerTrustee | 2 | $0 |
Jonathan Thompson Treasurer | OfficerTrustee | 2 | $0 |
Robinson Gaylord Vice President | OfficerTrustee | 2 | $0 |
Elizabeth Miles Connors Secretary | OfficerTrustee | 2 | $0 |
Christopher King Trustee | Trustee | 1 | $0 |
Linda Creedon Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,500 |
| Total Program Service Revenue | $0 |
| Investment income | $29,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,873 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,333 |
| Fees for services: Other | $85 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,096 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $37,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,823,653 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $129 |
| Other assets | $0 |
| Total assets | $1,883,844 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,883,844 |
| Net assets with donor restrictions | $0 |
| 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 | $1,883,844 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Winsted Playground Association has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Tiffany-Thompson Foundation West Hartford, CT PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $7,500 |
Endowment Analysis
| Beg. Balance | $1,538,183 |
| Earnings | $373,962 |
| Admin Expense | $12,058 |
| Net Contributions | $7,500 |
| Grants | $23,873 |
| Ending Balance | $1,883,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Randalls Island Park Alliance Inc New York, NY | $13,239,437 | $9,404,674 |
Tr Park Place Corp Hartford, CT | $326,580 | $4,534,377 |
Army West Point Athletic Association Inc West Point, NY | $11,945,742 | $9,719,506 |
Westchester Parks Foundation Inc Mount Kisco, NY | $3,736,356 | $3,829,268 |
National Rowing Foundation Inc Melrose, MA | $8,809,391 | $2,225,088 |
Mary A Cunningham Trust Milton, MA | $13,931,409 | $2,252,431 |
United States Sailing Foundaton Bristol, RI | $2,170,181 | $586,414 |
Untermyer Gardens Conservancy Yonkers, NY | $2,212,891 | $1,837,409 |
Camp Dudley Foundation Inc Westport, NY | $16,516,671 | $1,683,317 |
Beaverdale Memorial Park Inc New Haven, CT | $1,525,229 | $1,030,865 |
Van Cortlandt Park Alliance Inc Bronx, NY | $375,569 | $748,770 |
Horace A & S Ella Kimball Foundation Westerly, RI | $8,392,371 | $428,077 |