Gladwin Community Arena is located in Gladwin, MI. The organization was established in 2000. 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 08/2021, Gladwin Community Arena employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gladwin Community Arena 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 08/2021, Gladwin Community Arena generated $156.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $150.7k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 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
OPERATE MUNICIPAL ICE ARENA
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AND MAINTAIN A MUNICIPAL ICE ARENA, A GYMNASIUM AND FACILITY FOR FITNESS CENTER, THE ORGANIZATION PROMOTES YOUTH AND ADULT HOCKEY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Mckowen Jr Treasurer | OfficerTrustee | 35 | $1,380 |
Brock Dennings President | OfficerTrustee | 2 | $0 |
Kayti Newman Vice President | OfficerTrustee | 2 | $0 |
Shayne Wheeler Secretary | OfficerTrustee | 2 | $0 |
Pat Mccain Trustee | Trustee | 2 | $0 |
Clara Mckowen Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $38,779 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $32,167 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $70,946 |
Total Program Service Revenue | $66,168 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $970 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,688 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $417 |
Miscellaneous Revenue | $0 |
Total Revenue | $155,993 |
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. | $1,944 |
Compensation of current officers, directors, key employees. | $1,944 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $33,898 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,005 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,589 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,440 |
Advertising and promotion | $0 |
Office expenses | $1,960 |
Information technology | $831 |
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 | $843 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,558 |
Insurance | $4,876 |
All other expenses | $3,320 |
Total functional expenses | $150,685 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,562 |
Savings and temporary cash investments | $325 |
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 | $2,483 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $178,653 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $217,023 |
Accounts payable and accrued expenses | $8,307 |
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 | $18,681 |
Total liabilities | $26,988 |
Net assets without donor restrictions | $190,035 |
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 | $217,023 |
Over the last fiscal year, we have identified 1 grants that Gladwin Community Arena has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Middle Michigan Development Corporation Mt Pleasant, MI PURPOSE: COVID-19 RELIEF | $10,000 |
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 |
Boys And Girls Club Of Kenosha Inc Kenosha, WI | $3,512,810 | $5,648,462 |
Kenosha Young Mens Christian Association Inc Kenosha, WI | $10,270,327 | $3,013,673 |
Neighborhood Club Grosse Pointe, MI | $14,484,889 | $2,773,010 |
Salem Community Center Association Inc Salem, OH | $10,935,309 | $2,579,852 |
Y B M C Corporation Pierceton, IN | $1,737,147 | $1,674,529 |
Appleton Ice Inc Appleton, WI | $3,343,881 | $1,343,806 |
Friendly House Association Of Mansfield Ohio Mansfield, OH | $4,175,699 | $1,472,609 |
Young Mens Christian Association Of Harrison County Inc Corydon, IN | $4,762,873 | $1,352,346 |
Muskingum Recreation Center Athens, OH | $10,076,429 | $12,250,910 |