River Parks Authority
- Assets
- $345.8m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 18
- Location
- Tulsa, OK
- Founding
- 08/1974
- Data as of
- 06/2020
- EIN
- 23-7389201
River Parks Authority Overview
River Parks Authority is located in Tulsa, OK. The organization was established in 1974. According to its NTEE Classification (N02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Recreation & Sports and related organizations. As of 06/2020, River Parks Authority employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, River Parks Authority generated $10.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $8.6m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, PRESERVE AND MAINTAIN PUBLIC PARK LANDS AND FACILITIES ALONG THE ARKANSAS RIVER IN TULSA COUNTY THAT IS KNOWN AS RIVER PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT, PRESERVATION AND MAINTENANCE OF RIVER PARKS PUBLIC LANDS AND FACILITIES.
DEVELOPMENT, PRESERVATION AND MAINTENANCE OF RIVER PARKS PUBLIC LANDS AND FACILITIES.
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River Parks Authority Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Meyer Executive Direc | Officer | 50 | $86,383 |
Marvin Jones Chairman | OfficerTrustee | 2 | $0 |
Derek Martin Vice Chairman | OfficerTrustee | 2 | $0 |
Stephen Fater Treasurer | OfficerTrustee | 2 | $0 |
Stuart Price Trustee | Trustee | 2 | $0 |
David Phillips Trustee | Trustee | 2 | $0 |
River Parks Authority Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cherokee Pride Construction Flood Damage Reconstruction | 6/29/20 | $378,072 |
Daris Contractors Flood Damage Reconstruction | 6/29/20 | $317,427 |
Crossland Construction Company Flood Damage Reconstruction | 6/29/20 | $120,648 |
Grassolutions Llc Flood Damage Reconstruction | 6/29/20 | $175,466 |
Center For Employment Opportunities Contract Labor | 6/29/20 | $100,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $344,824 |
| Government grants | $4,987,104 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,052,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,384,768 |
| Total Program Service Revenue | $66,884 |
| Investment income | $49,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$229,716 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,374,858 |
| 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. | $96,829 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $538,694 |
| Pension plan accruals and contributions | $92,420 |
| Other employee benefits | $144,946 |
| Payroll taxes | $46,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $73,840 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,636 |
| Advertising and promotion | $7,714 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $381,808 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,062 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,411,136 |
| Insurance | $26,879 |
| All other expenses | $67,908 |
| Total functional expenses | $8,618,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,581,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $687,902 |
| Accounts receivable, net | $916,871 |
| 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 | $333,474,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $163,887 |
| Total assets | $345,825,445 |
| Accounts payable and accrued expenses | $1,111,433 |
| 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 | $3,504,276 |
| Other liabilities | $1,443,050 |
| Total liabilities | $6,058,759 |
| Net assets without donor restrictions | $0 |
| 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 | $339,766,686 |
| Total liabilities and net assets/fund balances | $345,825,445 |
River Parks Authority Grants Recieved
Over the last fiscal year, we have identified 1 grants that River Parks Authority has recieved totaling $25,500.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $25,500 |
River Parks Authority Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Legacy Ice Foundation St Louis, MO | $535,213 | $6,258,817 |
National Strength And Conditioning Association Colorado Springs, CO | $9,837,421 | $15,116,663 |
Fairfield Glade Community Club Fairfield Glade, TN | $53,518,580 | $21,749,560 |
Houston Livestock Show And Rodeo Educational Fund Houston, TX | $117,451,664 | $14,021,217 |
Paradise Valley Country Club Inc Paradise Valley, AZ | $36,353,012 | $20,115,323 |
Royal Oaks Country Club Inc Dallas, TX | $29,445,695 | $17,438,963 |
United States Youth Soccer Frisco, TX | $16,962,587 | $18,376,464 |
American Contract Bridge League Inc Horn Lake, MS | $14,782,135 | $18,848,058 |
Usa Cycling Inc Colorado Springs, CO | $18,095,683 | $15,874,846 |
Austin Country Club Austin, TX | $32,522,513 | $16,530,265 |
Missouri Athletic Club St Louis, MO | $21,212,485 | $16,069,416 |
Northwood Club Dallas, TX | $55,501,871 | $16,908,702 |
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