Duluth Heritage Sports Center
- Assets
- $13.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 66
- Location
- Duluth, MN
- Founding
- 07/2006
- Data as of
- 06/2023
- EIN
- 20-4440473
Organization Overview
Duluth Heritage Sports Center is located in Duluth, MN. The organization was established in 2006. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Duluth Heritage Sports Center employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duluth Heritage Sports Center 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 06/2023, Duluth Heritage Sports Center generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS'S MISSION IS TO PROVIDE SIGNIFICANT RECREATIONAL OPPORTUNITIES TO THE CITIZENS OF DULUTH, MN. SPECIFICALLY THE CENTER'S PROGRAMS ARE DIRECTED TO THE YOUTH OF THE CITY AND THE BOYS AND GIRLS CLUB THAT UTILIZES A SIGNIFICANT PORTION OF THE BUILDING. IN ADDITION, THE CENTER CONTINUES TO PROVIDED SIGNIFICANT HISTORICAL INFORMATION AND EXPERIENCES RELATED TO YOUTH SPORTS IN THE CITY THROUGH USE OF MURALS AND OTHER INFORMATIONAL METHODS.
Describe the Organization's Program Activity:
THE REVENUES GENERATED CONTINUE TO ASSIST THE CENTER WITH PROVIDING SIGNIFICANT RECREATIONAL ACTIVITIES TO THE YOUTH OF THE CITY. THESE PROGRAMS ALSO PROVIDE SOME EMPLOYMENT OPPORTUNITIES FOR YOUNG PEOPLE. PROVIDE FREE SERVICES TO FINANCIALLY CHALLENGED FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Cochran Vice Chair/t | OfficerTrustee | 1 | $0 |
Cullen Flaherty Director | Trustee | 1 | $0 |
Joe Scott Director | Trustee | 1 | $0 |
Terry Scott Director | Trustee | 1 | $0 |
Sarah Schipper Director | Trustee | 1 | $0 |
Fritz Wraizidlo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $111,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,665 |
| Total Program Service Revenue | $1,272,536 |
| Investment income | $516 |
| 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 | $1,578,313 |
| 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. | $69,512 |
| Compensation of current officers, directors, key employees. | $69,512 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $399,298 |
| Pension plan accruals and contributions | $3,174 |
| Other employee benefits | $14,686 |
| Payroll taxes | $37,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,994 |
| Fees for services: Accounting | $11,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,490 |
| Advertising and promotion | $21,432 |
| Office expenses | $53,342 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $746,311 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,527 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $438,214 |
| Insurance | $50,109 |
| All other expenses | $9,625 |
| Total functional expenses | $2,147,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$72,512 |
| Savings and temporary cash investments | $32,746 |
| Pledges and grants receivable | $262,332 |
| Accounts receivable, net | $32,709 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,892 |
| Prepaid expenses and deferred charges | $7,000 |
| Net Land, buildings, and equipment | $13,553,102 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,824,269 |
| Accounts payable and accrued expenses | $190,344 |
| Grants payable | $0 |
| Deferred revenue | $981 |
| 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 | $8,374,221 |
| Other liabilities | $0 |
| Total liabilities | $8,565,546 |
| Net assets without donor restrictions | $5,258,723 |
| 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 | $13,824,269 |