Hartford Preservation Alliance Inc
- Assets
- $9.1m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Hartford, CT
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 06-1501876
Organization Overview
Hartford Preservation Alliance Inc is located in Hartford, CT. The organization was established in 1998. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Hartford Preservation Alliance Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hartford Preservation Alliance 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, Hartford Preservation Alliance Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $50.1k 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
HARTFORD PRESERVATION ALLIANCE'S PRIMARY MISSION IS TO PRESERVE AND REVITALIZE HARTFORD'S UNIQUE ARCHITECTURAL HERITAGE AND NEIGHBORHOOD CHARACTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST IN PRESERVING HISTORICAL BUILDINGS IN THE CITY OF HARTFORD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Falvey Executive Dir. | Officer | 25 | $26,000 |
John W Kemper Jr President | OfficerTrustee | 1 | $0 |
Jonathan M Cabral Secretary | OfficerTrustee | 1 | $0 |
Larry Lavere Treasurer | OfficerTrustee | 1 | $0 |
Rebecca Morris Vice President | OfficerTrustee | 1 | $0 |
Aida Claudio Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,645 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,293 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,390,780 |
| Noncash contributions included in lines 1a–1f | $3,377,313 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,407,718 |
| Total Program Service Revenue | $44,335 |
| Investment income | $0 |
| 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 | $3,452,155 |
| 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. | $26,000 |
| Compensation of current officers, directors, key employees. | $2,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,830 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,690 |
| 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 | $4,147 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,977 |
| 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 | $2,273 |
| All other expenses | $0 |
| Total functional expenses | $50,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,721 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,000 |
| Accounts receivable, net | $3,430 |
| 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 | $9,100,951 |
| Total assets | $9,117,102 |
| Accounts payable and accrued expenses | $2,611 |
| 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 | $35,000 |
| Other liabilities | $754 |
| Total liabilities | $38,365 |
| Net assets without donor restrictions | $9,075,737 |
| Net assets with donor restrictions | $3,000 |
| 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 | $9,117,102 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hartford Preservation Alliance Inc has recieved totaling $11,006.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: CAPITAL GRANTS | $11,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
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 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |