Betsey Mills Corporation
- Assets
- $4.1m
- Revenue
- $999.1k
- Investments
- $0.0
- Employees
- 36
- Location
- Marietta, OH
- Founding
- 10/1937
- Data as of
- 12/2021
- EIN
- 31-4379428
Organization Overview
Betsey Mills Corporation, operating under the name Betsey Mills Club, is located in Marietta, OH. The organization was established in 1937. 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 12/2021, Betsey Mills Club employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Betsey Mills Club 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, Betsey Mills Club generated $999.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $882.6k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
OWNING AND OPERATING OF PROPERTY TO BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES, PROMOTING AND PROVIDING CHARITY THIS PROPERTY IS MAINTAINED AS A HISTORIC STRUCTURE FOR EDUCATIONAL PROGRAMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROGRAMS INCLUDING DAYCARE, PRESCHOOL, SWIMMING, BALLET, CRAFTS, SUMMER CAMP, HOUSING FOR FEMALE ADULTS AND OTHER RELATED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Broughton Secretary | OfficerTrustee | 0.5 | $0 |
Michelle Marra Treasurer | OfficerTrustee | 0.5 | $0 |
Debbie Lazorick President | OfficerTrustee | 0.5 | $0 |
Katie Mcglynn Vice President | OfficerTrustee | 0.5 | $0 |
Kevin Knab Director | Trustee | 0.5 | $0 |
Jessica Heldman Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,401 |
| Fundraising events | $13,907 |
| Related organizations | $0 |
| Government grants | $118,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,908 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,416 |
| Total Program Service Revenue | $670,261 |
| Investment income | $15,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $89,377 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $999,075 |
| 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. | $47,976 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $365,286 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,681 |
| Payroll taxes | $112,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,920 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,035 |
| Office expenses | $21,765 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,257 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,124 |
| Insurance | $0 |
| All other expenses | $9,322 |
| Total functional expenses | $882,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,036 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,734 |
| 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 | $53,218 |
| Net Land, buildings, and equipment | $2,948,680 |
| Investments—publicly traded securities | $895,012 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,085,680 |
| Accounts payable and accrued expenses | $2,977 |
| Grants payable | $157,393 |
| 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 | $160,370 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,064,466 |
| 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 | $3,925,310 |
| Total liabilities and net assets/fund balances | $4,085,680 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Betsey Mills Corporation has recieved totaling $15,562.
| Awarding Organization | Amount |
|---|---|
Marietta Community Foundation Inc Marietta, OH PURPOSE: DONATION | $8,200 |
Sisters Of St Joseph Charitable Fund Inc Parkersburg, WV PURPOSE: TO PROMOTE HEALTH AND WELLNESS | $6,275 |
Peoples Bank Foundation Inc Marietta, OH PURPOSE: CAPITAL CAMPAIGN FOR DINING ROOM | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $87 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Center Cincinnati, OH | $42,849,507 | $12,688,103 |
Greater Midland Community Centers Inc Midland, MI | $48,025,321 | $35,293,302 |
Neighborhood Alliance Lorain, OH | $4,241,501 | $5,326,902 |
Raymond And Mirim Klein Jcc Philadelphia, PA | $5,761,678 | $5,591,664 |
Kaiserman Jewish Community Ctr Haverford, PA | $3,173,049 | $4,057,949 |
Neighborhood Club Grosse Pointe, MI | $14,484,889 | $2,773,010 |
Kingsley Association Pittsburgh, PA | $9,182,378 | $1,988,387 |
Salem Community Center Association Inc Salem, OH | $10,935,309 | $2,579,852 |
Louisville Central Community Center Inc Louisville, KY | $9,005,846 | $2,345,144 |
Y B M C Corporation Pierceton, IN | $1,737,147 | $1,674,529 |
Miller Center For Recreation And Wellness Lewisburg, PA | $11,558,800 | $1,058,852 |
Friendly House Association Of Mansfield Ohio Mansfield, OH | $4,175,699 | $1,472,609 |