Hiawatha Inc
- Assets
- $572.8k
- Revenue
- $375.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Montoursville, PA
- Founding
- 01/1995
- Data as of
- 12/2021
- EIN
- 23-2768737
Organization Overview
Hiawatha Inc is located in Montoursville, PA. The organization was established in 1995. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Hiawatha 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 12/2021, Hiawatha Inc generated $375.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $297.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 5 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TAKE THE LEAD IN STIMULATING TOURISM, SUPPORTING ECONOMIC VITALITY, PRESERVING LOCAL HERITAGE, AND ENHANCING THE QUALITY OF LIFE IN THE GREATER WILLIAMSPORT AREA BY OPERATING VARIOUS TOURIST ATTRACTIONS THAT DEMAND HIGH QUALITY CUSTOMER SERVICE AND INTERESTING, ENTERTAINING, AND ENJOYABLE EXPERIENCES FOR VISITORS AND RESIDENTS.
Describe the Organization's Program Activity:
THROUGHOUT THE SPRING, SUMMER, AND FALL, THE HIAWATHA PROVIDES ENTERTAINMENT TO LOCAL CITIZENS, TOURISTS, VARIOUS LOCAL BUSINESSES, AND NON-PROFIT ORGANIZATIONS FOR PURPOSES OF ENJOYING THE GREATER WILLIAMSPORT AREA, SUPPORTING THE LOCAL ECONOMY, AND PROMOTING TOURISM AND THE LOCAL HERITAGE OF THE WILLIAMSPORT AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank G Pellegrino President | OfficerTrustee | 2 | $0 |
Marc Hess Treasurer | OfficerTrustee | 2 | $0 |
Judith Krezmer Secretary | OfficerTrustee | 2 | $0 |
Lenore Penfield Director | Trustee | 1 | $0 |
James Creely Director | Trustee | 1 | $0 |
Michael Philbin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $135,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,700 |
| Total Program Service Revenue | $294,463 |
| Investment income | $162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$60,412 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $6,732 |
| Net Income from Sales of Inventory | -$1,095 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,550 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,550 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,993 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $535 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,851 |
| Advertising and promotion | $0 |
| Office expenses | $3,547 |
| 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 | $972 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,614 |
| Insurance | $38,347 |
| All other expenses | $18,200 |
| Total functional expenses | $297,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,395 |
| Savings and temporary cash investments | $162,052 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $934 |
| 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 | $20,416 |
| Net Land, buildings, and equipment | $253,008 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $572,805 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $149,900 |
| Net assets without donor restrictions | $422,905 |
| 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 | $572,805 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hiawatha Inc has recieved totaling $35,245.
| Awarding Organization | Amount |
|---|---|
First Community Foundation Partnership Of Pennsylvania Williamsport, PA PURPOSE: 2020 RAISE THE REGION | $23,370 |
Williamsport-Lycoming Chamber Of Commerce Williamsport, PA PURPOSE: PROVIDE OPERATIONAL SUPPORT | $11,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |