Castle Park Assn
- Assets
- $1.7m
- Revenue
- $527.3k
- Investments
- $0.0
- Employees
- 13
- Location
- Holland, MI
- Founding
- 02/1943
- Data as of
- 12/2021
- EIN
- 38-0405905
Organization Overview
Castle Park Assn is located in Holland, MI. The organization was established in 1943. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Castle Park Assn employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castle Park Assn is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Castle Park Assn generated $527.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $514.5k during the year ending 12/2021. While expenses have increased by 4.0% 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
THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE SOCIAL AND RECREATIONAL OPPORTUNITIES FOR MEMBERS. VARIOUS SERVICES AND FACILITIES ARE MADE AVAILABLE TO MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES RELATED TO VARIOUS PROGRAMS & SERVICES OFFERED TO MEMBERS AND THEIR GUESTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Burns President | OfficerTrustee | $0 | |
Martha Dahlman Vice Preside | OfficerTrustee | $0 | |
Suzanne Dixon Secretary | OfficerTrustee | $0 | |
Doug Vahey Treasurer | Officer | $0 | |
Ted Parker Director | Trustee | $0 | |
John Palmer Director | Trustee | $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 | $16,860 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,860 |
| Total Program Service Revenue | $510,427 |
| Investment income | $31 |
| 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 | $527,318 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,805 |
| Pension plan accruals and contributions | $7,093 |
| Other employee benefits | $2,500 |
| Payroll taxes | $16,593 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,216 |
| 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 | $9,099 |
| Information technology | $4,088 |
| Royalties | $0 |
| Occupancy | $26,152 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,504 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,733 |
| Insurance | $37,572 |
| All other expenses | $7,212 |
| Total functional expenses | $514,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,095 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,272 |
| 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 | $1,488,074 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,707,441 |
| Accounts payable and accrued expenses | $8,258 |
| 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 | $159,082 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $167,340 |
| Net assets without donor restrictions | $1,527,610 |
| Net assets with donor restrictions | $12,491 |
| 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 | $1,707,441 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Riverfront Conservancy Inc Detroit, MI | $162,240,177 | $18,294,537 |
Detroit 300 Conservancy Detroit, MI | $4,896,723 | $5,340,808 |
Park Glen Corporation Columbus, OH | $3,224,171 | $4,744,005 |
Friends Of@sauk Prairie Parks And Recreation Inc Sauk City, WI | $5,893,890 | $2,059,173 |
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 |
Ice Age Trail Alliance Cross Plains, WI | $12,975,124 | $3,561,895 |
Friends Of Hoyt Park Wauwatosa, WI | $6,559,517 | $1,528,114 |
Camp Jorn Young Mens Christian Association Manitowish Waters, WI | $14,142,692 | $2,178,716 |
Lake Minehaha Owners Association Inc Portage, IN | $1,097,994 | $1,270,955 |
Kalamazoo County Parks And Recreation Development Foundation Kalamazoo, MI | $588,846 | $1,070,772 |