Preserve Hickory
- Assets
- $382.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Traverse City, MI
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-3541173
Organization Overview
Preserve Hickory is located in Traverse City, MI. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preserve Hickory 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, Preserve Hickory generated $83.5k 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 (21.0%) each year. All expenses for the organization totaled $1.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION RECEIVED A $1.5 MILLION PLEDGE FROM THE CITY OF TRAVERSE CITY'S BROWN BRIDGE TRUST PARKS IMPROVEMENT FUND FOR SIGNIFICANT CAPITAL IMPROVEMENTS INCLUDING A NEW LODGE, PARKING FACILITIES AND TRAIL ENHANCEMENTS AT THE CITY-OWNED HICKORY HILLS SKI AREA. THE ORGANIZATION IS CHARGED WITH RAISING A MATCHING $1.5 MILLION TO CLAIM THE CITY FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcclelland Director | 2 | $0 | |
Loren Bensley Director | 2 | $0 | |
Laura Ness President/ Treasurer | 10 | $0 | |
Maureen Madion Secretary | 10 | $0 | |
Matthew Madion MD Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28 |
| Total Revenue | $83,528 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $389 |
| Total expenses | $1,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $382,707 |
| Other assets | $0 |
| Total assets | $382,707 |
| Total liabilities | $0 |
| Net assets or fund balances | $382,707 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Preserve Hickory has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Shaw Walker Foundation North Muskegon, MI PURPOSE: OPERATIONAL PURPOSES | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Commission Of Fayette County Washington Court House, OH | $10,620,828 | $9,688,038 |
Downtown Cleveland Alliance Cleveland, OH | $4,884,612 | $9,424,862 |
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |
Campus Partners For Community Urban Redevelopment Columbus, OH | $180,909,775 | $6,681,454 |
G M N Tri-County Community Action Committee Inc Caldwell, OH | $4,898,315 | $8,954,404 |
Lakeside Association Lakeside, OH | $18,007,265 | $9,409,090 |
Southwest Michigan Community Action Agency Benton Harbor, MI | $1,305,727 | $8,078,808 |
Impact Seven Incorporated Rice Lake, WI | $149,638,063 | $17,926,158 |
North Central Community Action Program Inc wisconsin rapids, WI | $2,366,497 | $7,790,312 |
Alloy Development Co Inc Cincinnati, OH | $4,726,609 | $7,810,614 |
Neighborhood Development Services Inc Ravenna, OH | $44,837,600 | $8,930,715 |
Community Action Of Southern Indiana Inc Jeffersonville, IN | $1,581,999 | $6,952,233 |