Squannacook Greenways
- Assets
- $63.2k
- Revenue
- $74.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Townsend, MA
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-3244076
Organization Overview
Squannacook Greenways is located in Townsend, MA. The organization was established in 2012. 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. Squannacook Greenways 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, Squannacook Greenways generated $74.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $144.4k 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
SQUANNACOOK GREENWAYS' GOAL IS TO BUILD, MAINTAIN, AND PROMOTE THE SQUANNACOOK RIVER RAIL TRAIL (SRRT) AS A SOURCE OF RECREATION AND SAFE NON-MOTORIZED TRANSPORTATION. THE SQUANNACOOK RIVER RAIL TRAIL IS A PRESENTLY UNDER CONSTRUCTION CONVERSION OF APPROXIMATELY 3.7 MILES OF ABANDONED RAILROAD IN TOWNSEND AND GROTON MASSACHUSETTS INTO A RECREATIONAL TRAIL BASED ON THE SUCCESSFUL MODEL OF THE WACHUSETT GREENWAYS. THE STONE DUST TRAIL WILL PROVIDE A SAFE ALTERNATIVE TO BIKE-UNFRIENDLY ROUTE 119 AND AN ENJOYABLE ROUTE FOR HUMAN-POWERED TRAVEL BETWEEN IMPORTANT NATURAL, HISTORIC, AND CULTURAL LANDMARKS. THE SRRT HAS POTENTIAL TO BECOME A LONG-DISTANCE TRAIL EXTENDING TO THE NASHUA RIVER RAIL TRAIL IN AYER, MASSACHUSETTS AND TO THE MASON-GREENVILLE RAILROAD TRAIL IN NEW HAMPSHIRE. THIS RAIL TRAIL WOULD BE USED BY THE PUBLIC WITHOUT FEES, AS SPECIFIED IN ARTICLE II OF OUR ARTICLES OF INCORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF THE FIRST 1.1 MILES OF THE SQUANNACOOK RIVER RAIL TRAIL WAS COMPLETED IN 2021. THE RAIL TRAIL HAS ALREADY BECOME VERY POPULAR. A USER COUNT WAS HELD ON OCT. 24, 2021, AND OVER 100 PEOPLE USED THE TRAIL THAT DAY. PHASE 2 OF THE RAIL TRAIL, A 0.71 MILE SECTION FROM OLD MEETINGHOUSE ROAD TO HARBOR CHURCH IN TOWNSEND, MA, WAS BEGUN IN DEC. 2021.
SQUANNACOOK GREENWAYS IS PURSUING THE CONSTRUCTION OF A PEDESTRIAN BRIDGE OVER THE SQUANNACOOK RIVER ON OLD MEETINGHOUSE ROAD IN TOWNSEND. THIS BRIDGE WOULD PROVIDE EASY BICYCLE, PEDESTRIAN, AND EQUESTRIAN ACCESS FROM THE LARGEST DEVELOPMENT IN TOWNSEND, TIMBERLEE PARK, TO THE SQUANNACOOK RIVER RAIL TRAIL. IN 2021 OUR CONTRACTOR HAS BEEN WORKING HARD ON PERMITTING ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Wotkowicz Clerk | Officer | 15 | $0 |
William Rideout Treasurer | Officer | 15 | $0 |
Peter Carson Vice-President | Officer | 5 | $0 |
Peter Cunningham President | Officer | 15 | $0 |
Bruce Easom Director | Trustee | 5 | $0 |
Raynold Jackson Director | Trustee | 5 | $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 | $74,070 |
| Noncash contributions included in lines 1a–1f | $31,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,070 |
| Total Program Service Revenue | $52 |
| Investment income | $51 |
| 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 | $74,173 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $38 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $321 |
| Fees for services: Other | $15,194 |
| Advertising and promotion | $1,123 |
| 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 | $1,401 |
| All other expenses | $0 |
| Total functional expenses | $144,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $916 |
| Savings and temporary cash investments | $62,285 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,201 |
| 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 | $63,201 |
| 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 | $63,201 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Squannacook Greenways has recieved totaling $318.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Park Conservancy Inc New York, NY | $389,474,475 | $64,665,936 |
City Parks Foundation Inc New York, NY | $46,351,327 | $21,146,324 |
Pier55 Inc New York, NY | $281,389,922 | $61,475,219 |
Bryant Park Corporation New York, NY | $13,271,219 | $15,814,011 |
Paul Simons Foundation Inc Stony Brook, NY | $121,782,003 | $9,487,542 |
Prospect Park Alliance Inc Brooklyn, NY | $34,463,999 | $14,619,569 |
Avalon Nature Preserve Inc Stony Brook, NY | $43,010,885 | $9,560,636 |
Rose Fitzgerald Kennedy Greenway Conservancy Inc Boston, MA | $31,444,070 | $8,732,611 |
Ymca Of Marthas Vineyard Inc Vineyard Haven, MA | $24,356,522 | $5,436,042 |
Friends Of Hudson River Park Inc New York, NY | $3,524,338 | $4,419,034 |
White Haven Memorial Park Inc Pittsford, NY | $20,072,674 | $7,692,818 |
Riverfront Recapture Inc Hartford, CT | $5,471,440 | $4,320,239 |