Tipton Senior Park

Organization Overview

Tipton Senior Park is located in Independence, IA. The organization was established in 1975. 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 12/2021, Tipton Senior Park employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tipton Senior Park is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Tipton Senior Park generated $202.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $217.6k during the year ending 12/2021. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MODERATE & LOW INCOME SENIOR HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING, CONSTRUCTING AND OPERATING RENTAL HOUSING AND RELATED FACILITIES FOR THE LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME.


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Board, Officers & Key Employees

Name (title)Compensation
Kimberly Regennitter
President
$0
Bonnie Blaford
Vice Preside
$0
Kenneth Mueller
Secretary/tr
$0
Terri Peck
Director
$0
Alvin Wright
Director
$0
Lee Beine
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,005
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,005
Total Program Service Revenue$198,059
Investment income $474
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 $202,538

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tipton Senior Park has recieved totaling $6,000.

Awarding OrganizationAmount
Quad Cities Community Foundation

Bettendorf, IA

PURPOSE: GENERAL SUPPORT

$6,000
View Grant Recipient Profile

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