North Cuyahoga Valley Corridor Inc
- Assets
- $1.1m
- Revenue
- $428.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Cleveland, OH
- Founding
- 06/1985
- Data as of
- 12/2021
- EIN
- 34-1470989
Organization Overview
North Cuyahoga Valley Corridor Inc, operating under the name Canalway Partners, is located in Cleveland, OH. The organization was established in 1985. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Canalway Partners employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canalway Partners 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, Canalway Partners generated $428.3k 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 (3.9%) each year. All expenses for the organization totaled $483.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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
PRESERVING CULTURAL & NATURAL HISTORY OF NE OHIO. ASSISTS IN THE PRESERVATION OF THE OHIO CANALWAY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION ON ISSUES RELATED TO THE NORTH CUYAHOGA VALLEY CORRIDOR INCLUDING THE DISSEMINATION OF VARIOUS PUBLICATIONS ON THE SAME AND VARIOUS PUBLIC MEETINGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mera Cardenas Director 40 | Officer | 40 | $99,000 |
David Jurca Vice Chair | Officer | 0 | $0 |
Thomas Yablonsky Vice Chair | Officer | 0 | $0 |
Jack Kluznik Secretary/treasurer | Officer | 0 | $0 |
Chris Ronayne Chair | Officer | 0 | $0 |
David Wagner Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,120 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $277,099 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,719 |
| Total Program Service Revenue | $133,540 |
| Investment income | $35 |
| 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 | $428,294 |
| 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. | $120,981 |
| Compensation of current officers, directors, key employees. | $12,098 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,931 |
| Payroll taxes | $5,022 |
| Fees for services: Management | $92,882 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,258 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,545 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,401 |
| Office expenses | $1,615 |
| Information technology | $2,603 |
| Royalties | $0 |
| Occupancy | $5,660 |
| Travel | $311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,866 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,464 |
| All other expenses | $122,508 |
| Total functional expenses | $483,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $110,210 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,246 |
| 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 | $155,601 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $859,796 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,128,053 |
| Accounts payable and accrued expenses | -$9,108 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | -$9,108 |
| Net assets without donor restrictions | $1,137,161 |
| 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 | $1,128,053 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Cuyahoga Valley Corridor Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: RIVERSWEEP ENVIRONMENTAL STEWARDSHIP - 2022 | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Historical Society Columbus, OH | $7,345,353 | $25,940,986 |
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Sunset Memorial Park Association North Olmsted, OH | $79,187,854 | $7,193,716 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Cuyahoga Valley Preservation And Scenic Railway Association Peninsula, OH | $11,093,810 | $8,580,241 |
Western Reserve Historical Society Cleveland, OH | $45,747,344 | $9,269,565 |
Stan Hywet Hall & Gardens Inc Akron, OH | $11,720,685 | $5,111,685 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
Arlington Memorial Gardens Assoc Inc Cincinnati, OH | $20,107,883 | $6,307,939 |
Hudson Library & Historical Society Hudson, OH | $7,551,433 | $4,693,628 |