Thousand Island Park Foundation Inc
- Assets
- $597.6k
- Revenue
- $34.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Thousand Island Park, NY
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-2819724
Organization Overview
Thousand Island Park Foundation Inc is located in Thousand Island Park, NY. The organization was established in 2013. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Thousand Island Park Foundation Inc 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, Thousand Island Park Foundation Inc generated $34.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $29.2k 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
TO SUPPORT CULTURAL AND EDUCATIONAL PROGRAMS IN THOUSAND ISLAND PARK, NEW YORK, AND TO ENHANCE AND REVITALIZE THE HISTORIC INFRASTRUCTURE OF THE PARK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THOUSAND ISLAND PARK FOUNDATION, INC. SUPPORTS AND FACILITATES A GREATER LIFE EXPERIENCE FOR ALL WHO RESIDE AND VISIT THOUSAND ISLAND PARK, N.Y. IN 2021 THE FOLLOWING GRANTS WERE AWARDED BY THOUSAND ISLAND PARK FOUNDATION, INC.:A. TABERNACLE ASSOCIATION $2,000B. LANDMARK SOCIETY 500C. THOUSAND ISLAND PARK YACHT CLUB 4,000D. FRIENDS OF ROCK RIDGES 1,000E. THOUSAND ISLAND PARK MUSEUM 1,000F. THOUSAND ISLAND PARK LIBRARY 500G. RIVER HOSPITAL 1,250H. GWEN'S FOOD PANTRY 4,380 THE FOUNDATION SPONSORED SEVERAL CHILDREN ACTIVITIES INCLUDING TWO FISHING DERBIES, 4TH OF JULY PARADE, MOON VIEWING, AND BIRDS OF PREY PRESENTATION.THE FOUNDATION WAS A MAJOR SPONSOR OF THREE MUSICAL PRESENTATIONS:A. THE ORCHESTRA OF NORTHERN NEW YORKB. THE DADY BROTHER'S BAND CONCERTC. THE JAY NASH CONCERTTHE FOUNDATION DEVELOPED TWO PROJECT RENOVATION / SAFETY PROPOSALS FOR THE COMMUNITY TO REVIEW AND PROVIDE FEEDBACK:A. THE COVE SAFETY PROJECTB. THE FERRY DOCK RENOVATION PROJECTUPON COMPLETION OF THE PROPOSALS A PRESENTATION WAS MADE TO THE COMMUNITY AND A SUMMER LONG SURVEY WAS CONDUCTED TO MEASURE COMMUNITY INTEREST AND COLLECT FEEDBACK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Brasser Former Chairperson / Current Director | OfficerTrustee | 2 | $0 |
Richard Hansinger Chairperson / President | OfficerTrustee | 2 | $0 |
Michael Phelps Treasurer / Director | OfficerTrustee | 2 | $0 |
Michael Stedem Vp/vice Chair | OfficerTrustee | 2 | $0 |
Deborah Phillips Secretary | OfficerTrustee | 2 | $0 |
Kent Humphries 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 | $27,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,208 |
| Total Program Service Revenue | $0 |
| Investment income | $5,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $500 |
| Net Gain/Loss on Asset Sales | $162 |
| Net Income from Fundraising Events | $814 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,630 |
| 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 | $1,500 |
| 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 | $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 | $7,485 |
| Insurance | $625 |
| All other expenses | $1,095 |
| Total functional expenses | $29,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $80,741 |
| 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 | $121,955 |
| Investments—publicly traded securities | $394,762 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $597,558 |
| 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 | $0 |
| 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 | $597,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thousand Island Park Foundation Inc has recieved totaling $67.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |