Ohio & Erie Canal Association
- Assets
- $561.0k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 06/1997
- Data as of
- 09/2021
- EIN
- 34-1835341
Organization Overview
Ohio & Erie Canal Association is located in Akron, OH. The organization was established in 1997. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio & Erie Canal Association 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 09/2021, Ohio & Erie Canal Association generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $1.0m during the year ending 09/2021. While expenses have increased by 13.4% per year over the past 5 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.
Since 2014, Ohio & Erie Canal Association has awarded 80 individual grants totaling $2,550,806. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND SUPPORT THE HISTORIC OHIO & ERIE CANAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO STIMULATE PUBLIC SUPPORT AND INTEREST FOR THE PRESERVATION AND DEVELOPMENT OF THE RESOURCES ALONG THE ROUTE OF THE HISTORIC OHIO AND ERIE CANAL CORRIDOR
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Burnham Vice Chair | Officer | 2 | $0 |
Mike Hoffman Secretary | Officer | 2 | $0 |
James Graham Treasurer | Officer | 2 | $0 |
Thomas Yablonsky Chair | Officer | 2 | $0 |
Michael Hardy Member | Trustee | 2 | $0 |
Barbara Deeds Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,034,811 |
| All other contributions, gifts, grants, and similar amounts not included above | $595 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,035,406 |
| Total Program Service Revenue | $5,927 |
| Investment income | $88 |
| 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 | $1,041,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $708,526 |
| 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 | $266,561 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,536 |
| Office expenses | $0 |
| Information technology | $3,963 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,750 |
| All other expenses | $0 |
| Total functional expenses | $1,041,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,218 |
| 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 | $875 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $560,964 |
| Accounts payable and accrued expenses | $376,967 |
| 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 | $376,967 |
| Net assets without donor restrictions | $183,997 |
| 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 | $560,964 |
Grants Awarded
Over the last fiscal year, Ohio & Erie Canal Association has awarded $701,944 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Akron, OH PURPOSE: Trail Devel | $150,000 |
Akron, OH PURPOSE: Trail Heritage | $75,000 |
CITY OF AKRON PURPOSE: trail development | $75,000 |
Cleveland, OH PURPOSE: Trail Devel | $51,326 |
METRO PARK OF SUMMIT PURPOSE: trail development | $50,000 |
Cleveland, OH PURPOSE: Trail Heritage | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ohio & Erie Canal Association has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Sandor Foundation Chagrin Falls, OH PURPOSE: GENERAL FUND | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Old Tiger Stadium Conservancy Detroit, MI | $90,494 | $3,111,920 |