Centre Park Historic District Inc
- Assets
- $371.5k
- Revenue
- $138.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, PA
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 23-2588648
Organization Overview
Centre Park Historic District Inc is located in Reading, PA. The organization was established in 1990. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centre Park Historic District 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, Centre Park Historic District Inc generated $138.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $54.7k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE ARCHITECHTURAL PRESERVATION AND ENHANCE NEIGHBORING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERSERVING ARCHITECTURAL VALUE AND ENHANCING NEARBY NEIGHBORHOODS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lauter Executive Direc | OfficerTrustee | 13 | $0 |
Barbara Waller Treasurer | Trustee | 1 | $0 |
Melinda Angstadt Director | Trustee | 1 | $0 |
Lori Bellman Director | Trustee | 1 | $0 |
Mark Detterline Director | Trustee | 1 | $0 |
Karl Ford President & CEO | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,408 |
| Total Program Service Revenue | $0 |
| Investment income | $105 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $867 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,233 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $138,613 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $350 |
| Office expenses | $1,514 |
| Information technology | $8,454 |
| Royalties | $0 |
| Occupancy | $5,394 |
| 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 | $14,088 |
| Insurance | $3,808 |
| All other expenses | $768 |
| Total functional expenses | $54,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,624 |
| Savings and temporary cash investments | $185,907 |
| 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 | $2,701 |
| Net Land, buildings, and equipment | $174,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $371,547 |
| Accounts payable and accrued expenses | $576 |
| 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 | $2 |
| Total liabilities | $578 |
| Net assets without donor restrictions | $123,937 |
| Net assets with donor restrictions | $247,032 |
| 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 | $371,547 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Centre Park Historic District Inc has recieved totaling $1,250.
| Awarding Organization | Amount |
|---|---|
Marlin Miller Jr Family Foundation Reading, PA PURPOSE: ANNUAL FUND | $1,000 |
Blue Mountain Foundation Wyomissing, PA PURPOSE: 40TH ANNIVERSARY COMMITTEE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Ohio Historical Society Foundation Columbus, OH | $22,693,832 | $2,410,812 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Ohio & Erie Canalway Coalition Akron, OH | $9,640,021 | $4,067,863 |