Tri-Municipal Park Inc
- Assets
- $266.3k
- Revenue
- $308.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Centre Hall, PA
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-3476618
Organization Overview
Tri-Municipal Park Inc is located in Centre Hall, PA. The organization was established in 2018. 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. Tri-Municipal Park 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, Tri-Municipal Park Inc generated $308.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $43.5k 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
OPERATE A RECREATIONAL PARK IN CENTRE HALL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A RECREATIONAL PARK IN CENTRE HALL FOR THE COMMUNITY. THE PARK INCLUDES AN 18-HOLE DISC GOLF COURSE INTERSPERSED WITH NATIVE GRASS, WILDFLOWER MEADOWS AND WETLANDS; TWO MULTI-PURPOSE PLAYING FIELDS; TWO WALKING PATHS TOTALING 2 1/2 MILES; TWO BIKE SKILLS COURSES FOR BEGINNERS-INTERMEDIATE; AND A "STORYWALK" WHICH THE CENTRE COUNTY LIBRARY FREQUENTLY CHANGES THE BOOK PAGES ALONG THE WALKING PATH AROUND THE MULTI-PURPOSE FIELDS FOR ENTERTAINMENT AND EDUCATIONAL ENJOYMENT.
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 |
|---|---|---|---|
Davis Araujo President | OfficerTrustee | 5 | $0 |
Michael Troyan Vice President | OfficerTrustee | 5 | $0 |
Jane Scheuchenzuber Secretary | OfficerTrustee | 5 | $0 |
Brent Korman Treasurer | OfficerTrustee | 5 | $0 |
Ray Hankinson Board Member | Trustee | 1 | $0 |
Douglas Bierly Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $250,757 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,503 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,177 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,437 |
| Total Program Service Revenue | $0 |
| Investment income | $166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,156 |
| 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 | $308,045 |
| 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 | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,510 |
| Advertising and promotion | $0 |
| Office expenses | $96 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,945 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,715 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,405 |
| All other expenses | $0 |
| Total functional expenses | $43,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,346 |
| 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 | $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 | $266,346 |
| Accounts payable and accrued expenses | $928 |
| 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 | $95,833 |
| Other liabilities | $0 |
| Total liabilities | $96,761 |
| Net assets without donor restrictions | -$84,918 |
| Net assets with donor restrictions | $254,503 |
| 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 | $266,346 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tri-Municipal Park Inc has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
The Hamer Foundation State College Pa, PA PURPOSE: CAPITAL PROJECT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
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 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
New York-New Jersey Trail Conference Inc Mahwah, NJ | $13,527,646 | $5,458,789 |
Parks & People Foundation Inc Baltimore, MD | $15,484,458 | $3,287,882 |
Park Glen Corporation Columbus, OH | $3,224,171 | $4,744,005 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
The Brandywine Creek State Park Trust Delaware Community Foundation Inc Ttee Wilmington, DE | $0 | $168 |
Cincinnati Parks Foundation Cincinnati, OH | $20,775,378 | $5,802,905 |