Urbana Parks Foundation
- Assets
- $1.6m
- Revenue
- $594.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Urbana, IL
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 26-0629385
Organization Overview
Urbana Parks Foundation is located in Urbana, IL. The organization was established in 2008. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urbana Parks Foundation 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 12/2022, Urbana Parks Foundation generated $594.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
TO SUPPORT THE URBANA PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH & WELLNESS CENTERTHE URBANA PARKS FOUNDATION WAS PROUD TO DISTRIBUTE OVER $1.3 MILLION TO SUPPORT THE CONSTRUCTION OF THE URBANA PARK DISTRICT'S NEW HEALTH & WELLNESS CENTER IN 2022. THE HEALTH & WELLNESS CENTER WILL BE A FACILITY OFFERING COMPREHENSIVE INDOOR RECREATION OPTIONS UNLIKE WHAT HAS PREVIOUSLY BEEN AVAILABLE IN URBANA, AND IS SLATED TO OPEN AT THE END OF 2024.
TO ASSIST WITH PROVIDING PARK PROGRAMS AND ITEMS.
BLAIR TENNIS COURTS REFURBISHMENTTHE URBANA PARKS FOUNDATION DISTRIBUTED $138,291 TO SUPPORT THE REFURBISHMENT OF THE TENNIS COURTS AT BLAIR PARK. BLAIR PARK HAS RECENTLY SEEN A REVITALIZATION DUE TO AN OSLAD GRANT FROM THE ILLINOIS DEPARTMENT OF NATURAL RESOURCES, WITH NEW WALKING PATH, PLAYGROUND, CHALLENGE COURSE, AND ELECTRONIC SOCCER WALL. HOWEVER, THERE WAS NO FUNDING INCLUDED FOR THE COMMUNITY AND SCHOOL TENNIS COURTS. SEEING THE NEED FOR THESE COURTS TO BE REHABILITATED ALONG WITH THE REST OF THE PARK, THE URBANA PARKS FOUNDATION RAISED OVER $138,000 TO ASSIST WITH THE WORK AND WAS ABLE TO DISTRIBUTE THOSE FUNDS TO THE URBANA PARK DISTRICT IN 2022.
PUBLIC ARTS SUPPORTTHE URBANA PARKS FOUNDATION DISTRIBUTED JUST OVER $30,000 SO THAT THE URBANA PARK DISTRICT COULD ACQUIRE TWO ADDITIONAL SCULPTURES FOR IT'S PERMANENT COLLECTION -- MOLECULAR REFLECTION, BY CHRISTIANE MARTENS AND LIFE ON THE PRAIRIE BY TIM SUMMERVILLE. THE FOUNDATION HAS BEEN THRILLED TO SUPPORT ACCESS TO PUBLIC ART AND SUPPORT OF LOCAL ARTISTS THROUGH THE FUNDING OF THESE ACQUISITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Conlin Treasurer | OfficerTrustee | 2 | $0 |
Megan Puzey President | OfficerTrustee | 2 | $0 |
Ellen Kirsanoff Vice President | OfficerTrustee | 2 | $0 |
Marianne Downey Secretary | OfficerTrustee | 2 | $0 |
Amani Ayad Trustee | Trustee | 1 | $0 |
Bill Gray 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 | $590,558 |
| Noncash contributions included in lines 1a–1f | $70,226 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $590,558 |
| Total Program Service Revenue | $0 |
| Investment income | $3,614 |
| 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 | $594,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,525,756 |
| 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 | $3,486 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,910 |
| Advertising and promotion | $5,747 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,962 |
| 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 | $0 |
| Insurance | $766 |
| All other expenses | $0 |
| Total functional expenses | $1,559,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,325 |
| Savings and temporary cash investments | $73,118 |
| Pledges and grants receivable | $437,421 |
| Accounts receivable, net | $9,300 |
| 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 | $521,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,244 |
| Total assets | $1,612,580 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $437,421 |
| 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 | $437,421 |
| Net assets without donor restrictions | $113,818 |
| Net assets with donor restrictions | $1,061,341 |
| 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 | $1,612,580 |