Hazel Farm Property Found Inc

Organization Overview

Hazel Farm Property Found Inc is located in Salisbury, MD. The organization was established in 2006. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hazel Farm Property Found 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 12/2023, Hazel Farm Property Found Inc generated $176.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $160.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROPERTY IS AVAILABLE AT NO COST FOR USE BY COMMUNITY GROUPS TO PROMOTE EDUCATION AND CONSERVATION WITH OUTDOOR ACTIVITIES - SPORTS, SWIMMING, NATURE TRAILS HIKING, ETC. THE EXPENSES OF THE FOUNDATION ARE TO MAINTAIN AND IMPROVE THE PROPERTY TO KEEP IT AVAILABLE TO THE COMMUNITY. THE LARGEST SPONSORED PROGRAM IS THE NATIONAL GET OUTDOORS DAY.


THE FOUNDATION OFFERS ITS FACILITIES TO TEACHERS AND SCHOOLS FOR FIELD TRIPS AND OUTDOOR CLASSROOMS.


BOY SCOUT TROOPS HELD CAMP OUTS AND GIRL SCOUT TROOPS HELD CAMP OUTINGS


OTHER ACTIVITIES INCLUDED USE BY CHILDREN WITH THE FAMILY YOUTH CENTER AND KIDS OF HONOR. THERE IS ALSO A "LOOP" FOR CYCLISTS THAT RUNS THROUGH THE PROPERTY.


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Board, Officers & Key Employees

Name (title)Compensation
Colleen Hazel
Director
$0
Joseph J Pearce
Treasurer
$0
Morgan Hazel
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $8,000
Interest on Savings $150
Dividends & Interest $138,261
Net Rental Income$7,836
Net Gain on Sale of Assets $21,425
Capital Gain Net Income $21,425
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $176,236

Grants Awarded

Over the last fiscal year, Hazel Farm Property Found Inc has awarded $1,500 in support to 2 organizations.

Grant RecipientAmount

YMCA

PURPOSE: GENERAL SUPPORT

$1,000

THE ALLEN VOLUNTEER FIRE COMPANY IN

PURPOSE: GENERAL SUPPORT

$500
View Grant Profile

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