Holland Community Aquatic Center Foundation
- Assets
- $57.2k
- Revenue
- $441.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Holland, MI
- Founding
- 12/2012
- Data as of
- 06/2023
- EIN
- 46-1157667
Organization Overview
Holland Community Aquatic Center Foundation is located in Holland, MI. The organization was established in 2012. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holland Community Aquatic Center Foundation 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 06/2023, Holland Community Aquatic Center Foundation generated $441.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ENHANCEMENT OF THE RENOVATION AND EXPANSION BOND IN PROCESS AND PROVIDE FUNDING OPPORTUNITIES, SCHOLARSHIP OPPORTUNITIES, AND TO PROMOTE WATER SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PHILANTHROPIC FUNDING TO ENHANCE ONGOING HOLLAND AQUATIC CENTER $26.3 MILLION BONDED RENOVATION AND CONSTRUCTION PROCESS WITH THE FOLLOWING: A) ADDITIONAL 1/10TH MILE INDOOR WALKING TRACK B) ADDITIONAL LARGER ENTRY LOBBY C) ADDITIONAL MULTIPURPOSE & FITNESS ROOM D) ADDITIONAL EXTERIOR ENTRANCE CANOPY PROVIDE PHILANTHROPIC FUNDING TO SUPPORT ADAPTIVE NEEDS TRAINER CERTIFICATIONS AND SWIM INSTRUCTION.
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 |
|---|---|---|---|
Gene Mcclain Chair | OfficerTrustee | 2 | $0 |
Herb Tews Interim Vice Chair | OfficerTrustee | 2 | $0 |
Thomas Seiff Treasurer | OfficerTrustee | 2 | $0 |
Liz Colburn Director | Trustee | 2 | $0 |
Sara Giesler Director | Trustee | 2 | $0 |
Lori Gramer Director | Trustee | 2 | $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 | $439,451 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $439,451 |
| Total Program Service Revenue | $0 |
| Investment income | $2,473 |
| 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 | $441,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,346,335 |
| 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 | $0 |
| Fees for services: Accounting | $9,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,453 |
| Advertising and promotion | $1,664 |
| Office expenses | $2,091 |
| 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 | $7,118 |
| Total functional expenses | $1,371,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,489 |
| Savings and temporary cash investments | $0 |
| 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 | $22,725 |
| 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 | $57,214 |
| Accounts payable and accrued expenses | $85 |
| 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 | $85 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $57,129 |
| 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 | $57,214 |