Houston Parks Board
- Assets
- $67.7m
- Revenue
- $28.4m
- Investments
- $0.0
- Employees
- 44
- Location
- Houston, TX
- Founding
- 05/1987
- Data as of
- 06/2023
- EIN
- 74-1860046
Organization Overview
Houston Parks Board is located in Houston, TX. The organization was established in 1987. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Houston Parks Board employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Parks Board 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, Houston Parks Board generated $28.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $23.8m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Houston Parks Board has awarded 26 individual grants totaling $78,664,614. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND, IMPROVE, AND PROTECT PARKS AND GREENSPACE IN THE HOUSTON REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2014, THE HOUSTON PARKS BOARD ENTERED INTO A LONG-TERM AGREEMENT WITH THE CITY OF HOUSTON TO PROVIDE ONGOING MAINTENANCE FOR THE BAYOU GREENWAYS SYSTEM, AN INTEGRATED SYSTEM OF CONNECTED LINEAR PARKS ALONG NINE MAJOR BAYOUS WITHIN THE HOUSTON CITY LIMITS. UNSPENT FUNDS FROM THE ANNUAL MAINTENANCE FEE ARE USED FOR TRAIL AND BRIDGE CAPITAL REPLACEMENT PROJECTS ALONG THE BAYOUS. THE HOUSTON PARKS BOARD INCORPORATES CONSERVATION IN THE MAINTENANCE OF THE BAYOUS TO PRESERVE, CREATE, AND ENHANCE THE REGION'S HABITATS THROUGH INITIATIVES INCLUDING TREE PLANTINGS, PRAIRIE REBUILDS, AND WETLAND CREATIONS.
THE HOUSTON PARKS BOARD ASSISTS WITH SPECIAL PROJECTS TO PROMOTE CULTURAL ACTIVITIES AND ATHLETIC EVENTS AND MANAGES TRUST ACCOUNTS FOR CITY SUPPORTED PARK AND COMMUNITY PROGRAMS.
THE HOUSTON PARKS BOARD, IN PARTNERSHIP WITH THE HOUSTON PARKS BOARD LGC, WORKS WITH THE CITY OF HOUSTON AND OTHER LOCAL ENTITIES TO PLAN, ADVOCATE, ACQUIRE, AND IMPROVE PARKLAND AND SPACE, THUS PROVIDING AN EQUITABLE DISTRIBUTION OF PARKLAND AND RECREATION FACILITIES FOR HOUSTON'S GROWING COMMUNITIES. MAJOR INITIATIVES INCLUDE BEYOND THE BAYOUS, NEIGHBORHOOD PARK PROJECTS, AND 50/50 PARK PARTNERS.
IN 2013, THE HOUSTON PARKS BOARD, IN PARTNERSHIP WITH HOUSTON PARKS BOARD LGC, INC. (THE LGC), THE CITY OF HOUSTON, HARRIS COUNTY FLOOD CONTROL DISTRICT, AND OTHER ENTITIES STARTED A MULTI-YEAR PROJECT IDENTIFIED AS THE BAYOU GREENWAYS PROGRAM WHICH IS FOCUSED ON THE EXPANSION OF THE CITY'S PARK SYSTEM ALONG HOUSTON'S NINE MAJOR BAYOUS. ITS PURPOSE IS TO ACQUIRE LAND ALONG THE BAYOUS WITHIN THE HOUSTON CITY LIMITS AND DESIGN AND CONSTRUCT LINEAR PARKS AND MULTI-USE TRAILS ALONG THE BAYOUS. AT ITS ESTIMATED 2025 COMPLETION, THIS PROJECT WILL PROVIDE OVER 3,000 ACRES OF GREEN SPACE, 150 MILES OF NEW TRAILS, IMPROVED FLOOD PREVENTION, AND EQUITABLE ACCESS TO PARKS, THUS IMPROVING THE QUALITY OF LIFE FOR ALL HOUSTONIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barron F Wallace Chair | OfficerTrustee | 3 | $0 |
Joseph C Dilg Vice Chair | OfficerTrustee | 1 | $0 |
Cullen Geiselman Muse Secretary | OfficerTrustee | 3 | $0 |
Thomas W Flaherty Treasurer | OfficerTrustee | 3 | $0 |
Maire A Baldwin Assistant Treasurer | OfficerTrustee | 1 | $0 |
Roxanne Almaraz Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Westco Grounds Maintenance Parkland Maintenance | 6/29/23 | $1,504,889 |
Yellowstone Landscape Parkland Maintenance | 6/29/23 | $1,121,230 |
City Of Houstonparks & Recreation Construction | 6/29/23 | $954,004 |
Kean Construction Landscape Design | 6/29/23 | $851,200 |
Cano Lawn Service Parkland Maintenance | 6/29/23 | $501,996 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $620,428 |
| Related organizations | $343,000 |
| Government grants | $235,748 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,243,153 |
| Noncash contributions included in lines 1a–1f | $7,153,444 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,442,329 |
| Total Program Service Revenue | $13,168,413 |
| Investment income | $1,818,856 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6,230 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,462 |
| Net Income from Fundraising Events | -$79,493 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,353,873 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,406,271 |
| 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. | $1,403,239 |
| Compensation of current officers, directors, key employees. | $107,879 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,621,705 |
| Pension plan accruals and contributions | $70,959 |
| Other employee benefits | $233,118 |
| Payroll taxes | $274,826 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $107,167 |
| Fees for services: Accounting | $225,129 |
| Fees for services: Lobbying | $6,797 |
| Fees for services: Fundraising | $242,450 |
| Fees for services: Investment Management | $24,444 |
| Fees for services: Other | $1,257,917 |
| Advertising and promotion | $209,297 |
| Office expenses | $20,128 |
| Information technology | $337,071 |
| Royalties | $0 |
| Occupancy | $213,710 |
| Travel | $45,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,574 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,238 |
| Insurance | $87,681 |
| All other expenses | $0 |
| Total functional expenses | $23,792,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,649,341 |
| Savings and temporary cash investments | $20,520,038 |
| Pledges and grants receivable | $1,578,570 |
| Accounts receivable, net | $710,686 |
| 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 | $134,683 |
| Net Land, buildings, and equipment | $10,434,194 |
| Investments—publicly traded securities | $7,651,926 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,342 |
| Total assets | $67,703,780 |
| Accounts payable and accrued expenses | $1,106,093 |
| Grants payable | $0 |
| Deferred revenue | $195,355 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $96,357 |
| 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 | $1,336,897 |
| Total liabilities | $2,734,702 |
| Net assets without donor restrictions | $29,603,351 |
| Net assets with donor restrictions | $35,365,727 |
| 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 | $67,703,780 |
Grants Awarded
Over the last fiscal year, Houston Parks Board has awarded $7,404,761 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON PARKS BOARD LGC INC PURPOSE: Land, design, and construction project | $7,038,389 |
PASADENA ECONOMIC DEVELOPMENT CORPORATION PURPOSE: Land funding | $308,188 |
CITY OF HOUSTON PURPOSE: Land funding | $58,184 |