Colony Park Association
- Assets
- $123.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clay, MI
- Founding
- 06/1948
- Data as of
- 10/2022
- EIN
- 38-6089071
Organization Overview
Colony Park Association is located in Clay, MI. The organization was established in 1948. 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. Colony Park Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 10/2022, Colony Park Association generated $21.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $14.3k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Leven Treasurer | 4 | $400 | |
Carl Koehler 1st Vice President | 4 | $0 | |
Donald Mende President | 4 | $0 | |
Mark Nowak Trustee | 2 | $0 | |
Larry Rodgers Trustee | 2 | $0 | |
Henry Desilets Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,464 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,464 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $400 |
| Professional fees and other payments to independent contractors | $360 |
| Occupancy, rent, utilities, and maintenance | $431 |
| Printing, publications, postage, and shipping | $614 |
| Other expenses | $12,450 |
| Total expenses | $14,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,710 |
| Other assets | $0 |
| Total assets | $123,710 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,710 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Arlington Park Association Inc Fort Wayne, IN | $1,311,399 | $969,437 |