Maple Island Park Association
- Assets
- $117.1k
- Revenue
- $42.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Hollandale, MN
- Founding
- 10/1998
- Data as of
- 01/2022
- EIN
- 41-1878097
Organization Overview
Maple Island Park Association is located in Hollandale, MN. The organization was established in 1998. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 01/2024, Maple Island Park Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maple Island Park Association 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 01/2022, Maple Island Park Association generated $42.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $43.0k during the year ending 01/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND MAINTAIN PARK ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S OBJECTIVE IS TO PROVIDE SUPPORT AND MAINTENANCE FOR THE LOCAL BALLPARK. DURING THIS FISCAL YEAR, 12 TEAMS HAVE BEEN SANCTIONED BY THE USA/MN SPORTS FEDERATION, INCLUDING MEN'S TEAMS AND CO-ED TEAMS. LITTLE LEAGUE GAMES ARE ALSO PLAYED AT THE BALLPARK. APPROXIMATELY 60 GAMES WERE PLAYED DURING THIS FISCAL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darwin Bos President | Officer | 1 | $0 |
Tom Adams Vice Preside | Officer | 1 | $0 |
Jodi Adams Secretary | Officer | 2 | $18,624 |
Jody Mondeel Treasurer | Officer | 1 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,103 |
| Investment income | $36 |
| 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 | $20,237 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $4,500 |
| 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 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 | $4,300 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $900 |
| 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 | $80 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,332 |
| 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 | $7,860 |
| Insurance | $1,468 |
| All other expenses | $0 |
| Total functional expenses | $42,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,026 |
| Savings and temporary cash investments | $0 |
| 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 | $1,990 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $117,055 |
| Accounts payable and accrued expenses | $423 |
| Grants payable | $0 |
| Deferred revenue | $8,311 |
| 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 | $8,734 |
| Net assets without donor restrictions | $55,949 |
| Net assets with donor restrictions | $52,372 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $108,321 |
Grants Awarded
Over the last fiscal year, Maple Island Park Association has awarded $22,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY PATHWAYS OF STEELE COUNTY INC PURPOSE: STEELE COUNTY FOOD SHELF | $6,250 |
SALVATION ARMY PURPOSE: FREEBORN COUNTY PROGRAMS | $6,250 |
AMERICAN RED CROSS PURPOSE: SE MN PROGRAMS | $10,000 |