Thames River Heritage Park Foundation Inc
- Assets
- $60.7k
- Revenue
- $137.9k
- Investments
- $0.0
- Employees
- 2
- Location
- New London, CT
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-1693888
Organization Overview
Thames River Heritage Park Foundation Inc is located in New London, CT. The organization was established in 2016. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Thames River Heritage Park Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thames River Heritage 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, Thames River Heritage Park Foundation Inc generated $137.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $220.2k 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 DEVELOP, PROMOTE, COORDINATE, AND HELP PRESERVE THE STATE PARK KNOWN AS THE THAMES RIVER HERITAGE PARK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES THE OVERSIGHT AND OPERATION OF A WATER SHUTTLE SYSTEM DESIGNED TO TRANSPORT VISITORS TO AND FROM SITES OF SIGNIFICANCE ON BOTH SHORES OF THE THAMES RIVER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Aey Adams Secretary | OfficerTrustee | 1 | $0 |
Brent Eugenides Treasurer | OfficerTrustee | 1 | $0 |
Ellen Cummings Vice Preside | OfficerTrustee | 1 | $0 |
Capt Paul Whitescarver President | OfficerTrustee | 1 | $0 |
Jacqui Copp Director | Trustee | 1 | $0 |
Deborah Donovan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,584 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,929 |
| Total Program Service Revenue | $0 |
| Investment income | $8 |
| 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 | $137,937 |
| 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 | $14,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,424 |
| Fees for services: Management | $46,161 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,307 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,465 |
| Office expenses | $5,419 |
| 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 | $20,219 |
| All other expenses | $1,235 |
| Total functional expenses | $220,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,169 |
| Savings and temporary cash investments | $18,579 |
| 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 | $60,748 |
| Accounts payable and accrued expenses | $56 |
| 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 | $56 |
| Net assets without donor restrictions | $60,692 |
| 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 | $60,748 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thames River Heritage Park Foundation Inc has recieved totaling $2,330.
| Awarding Organization | Amount |
|---|---|
Eversource Energy Foundation Inc Hartford, CT PURPOSE: SUPPORT FOR THE HISTORICAL AND CULTURAL PROGRAMS | $2,330 |
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 |