Roseville Central Park Foundation
- Assets
- $610.7k
- Revenue
- $38.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 07/1965
- Data as of
- 12/2021
- EIN
- 41-0886462
Organization Overview
Roseville Central Park Foundation is located in Roseville, MN. The organization was established in 1965. 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. Roseville Central Park Foundation 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, Roseville Central Park Foundation generated $38.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $33.1k 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
TO DEVELOP, ENHANCE AND PROMOTE ROSEVILLE CENTRAL PARK
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND IMPROVEMENTS TO ROSEVILLE CENTRAL PARK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harv Moen Member | Trustee | 0.5 | $0 |
Denny Malarkey Vice President | OfficerTrustee | 0.5 | $0 |
Dale Maristuen Treasurer | OfficerTrustee | 0.5 | $0 |
Gale Pederson Secretary | OfficerTrustee | 0.5 | $0 |
Carole Erickson Member | Trustee | 0.5 | $0 |
Terrance Newby Member | Trustee | 0.5 | $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 | $7,152 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,152 |
| Total Program Service Revenue | $0 |
| Investment income | $31,446 |
| 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 | $38,598 |
| 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 | $800 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $33,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,014 |
| Savings and temporary cash investments | $85,682 |
| 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 | $514,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $610,653 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $423,314 |
| Net assets with donor restrictions | $187,339 |
| 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 | $610,653 |
Endowment Analysis
| Beg. Balance | $187,339 |
| Earnings | $11,104 |
| Other Expense | $11,104 |
| Ending Balance | $187,339 |
Peer Organizations
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|---|---|---|
Prospect Meadows Inc Marion, IA | $13,712,909 | $1,593,506 |
Friends Of@sauk Prairie Parks And Recreation Inc Sauk City, WI | $5,893,890 | $2,059,173 |
Ice Age Trail Alliance Cross Plains, WI | $12,975,124 | $3,561,895 |
Friends Of Hoyt Park Wauwatosa, WI | $6,559,517 | $1,528,114 |
Des Moines Water Works Park Foundation Des Moines, IA | $1,156,984 | $338,708 |
Minneapolis Parks Foundation Minneapolis, MN | $3,258,087 | $2,195,197 |
Camp Jorn Young Mens Christian Association Manitowish Waters, WI | $14,142,692 | $2,178,716 |
Great Bear Management Inc Sioux Falls, SD | $660,116 | $1,449,001 |
Fairfield Arts & Convention Center Fairfield, IA | $1,605,000 | $1,358,734 |
The Jonathan Association Chaska, MN | $1,721,909 | $960,898 |
Grand Forks Parks And Recreationfoundation Grand Forks, ND | $9,262,108 | $737,409 |
Superior Hiking Trail Association Two Harbors, MN | $964,345 | $917,726 |