Holden Parks Tr
- Assets
- $6.4m
- Revenue
- $770.4k
- Investments
- $6.3m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 05/1988
- Data as of
- 12/2021
- EIN
- 34-6888980
Organization Overview
Holden Parks Tr is located in Brooklyn, OH. The organization was established in 1988. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holden Parks Tr 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, Holden Parks Tr generated $770.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $372.3k during the year ending 12/2021. 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
GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED JANUARY 6, 1988 .KEYBANK AS TRUSTEE MAKES THE DISTRIBUTIONS TO UNIVERSITY CIRCLE, INC .IN SUPPORT OF THE CLEVELAND MUSEUM OF ART AND THE GARDEN CENTER OFGREATER CLEVELAND FOR PURPOSES OF IMPROVING, BEAUTIFYING AND ADORNINGTHE SURROUNDING PARKS. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACTOF 1999, THE BENEFICIARIES HAVE CHOSEN TO RECEIVE THE MAXIMUM OFINCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.PLEASE NOTE THE CHARITY HAS THE RIGHT TO REMOVE THE TRUSTEE BY A MAJORITY VOTE OF THE DISTRIBUTION COMMITTEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE IN SUPPORT OF THE CLEVELAND MUSEUM OF ART AND THE GARDENCENTER OF GREATER CLEVELAND FOR PURPOSES OF IMPROVING, BEAUTIFYING ORADORNING THE PARKS OF CLEVELAND, OHIO PAID TO UNIVERSITY CIRCLE, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 1 | $51,025 | |
Christopher Ronayne Chair, Distribution Committee | Officer | $0 | |
Edward Bauer Distribution Committee | Officer | $0 | |
Perrin Verzi Distribution Committee | Officer | $0 | |
Mamie Mitchell Distribution Committee | Officer | $0 | |
Natalie Ronayne Distribution Committee | Officer | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $40,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $729,682 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $770,389 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $319,231 |
| 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. | $51,025 |
| Compensation of current officers, directors, key employees. | $51,025 |
| 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 | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $600 |
| Total functional expenses | $372,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $86,953 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,347,178 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,434,131 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $6,434,131 |
| 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 | $6,434,131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Appalachian Trail Conservancy Harpers Ferry, WV | $31,433,012 | $14,528,575 |
Detroit Riverfront Conservancy Inc Detroit, MI | $162,240,177 | $18,294,537 |
21st Century Parks Inc Louisville, KY | $96,568,908 | $4,921,884 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
Detroit 300 Conservancy Detroit, MI | $4,896,723 | $5,340,808 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
Park Glen Corporation Columbus, OH | $3,224,171 | $4,744,005 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
Dte Beacon Park Foundation Detroit, MI | $11,952,865 | $120,651 |
Cincinnati Parks Foundation Cincinnati, OH | $20,775,378 | $5,802,905 |
Traverse Area Recreation & Transportation Trails Inc Traverse City, MI | $8,125,074 | $2,931,318 |
Buhl Park Corporation Hermitage, PA | $630,019 | $2,157,285 |