Holland Community Aquatic Center Foundation
- Assets
- $987.6k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Saugatuck, MI
- Founding
- 12/2012
- Data as of
- 06/2022
- EIN
- 46-1157667
Organization Overview
Holland Community Aquatic Center Foundation is located in Saugatuck, MI. The organization was established in 2012. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Holland Community Aquatic Center 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 06/2022, Holland Community Aquatic Center Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. 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 THE OPERATION OF THE HOLLAND AQUATIC CENTER BY PROVIDING FUNDING OPPORTUNITIES, SCHOLARSHIP OPPORTUNITIES, AND TO PROMOTE WATER SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPLY ANNUAL FUNDING SUPPORT TO THE HOLLAND AQUATIC CENTER.
ESTABLISH A LEGACY DONOR ENDOWMENT FUND.
TO AUGMENT THE CURRENT 26 MILLION BOND FUNDING WITH AN ADDITIONAL 3MILLION PHILANTHROPIC CAMPAIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Seiff Secretary/tr | OfficerTrustee | $0 | |
Bob Miller Vice Chairpe | Officer | $0 | |
Randall Miller Chairperson | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,563,847 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $1,563,847 |
| Total Program Service Revenue | $0 |
| Investment income | $1,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$417 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,564,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,540,000 |
| 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 | $630 |
| Fees for services: Accounting | $2,179 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $154 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,097 |
| Advertising and promotion | $5,468 |
| Office expenses | $1,210 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,328 |
| 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 | $1,557,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,352 |
| Savings and temporary cash investments | $599,708 |
| 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 | $24,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $987,560 |
| Accounts payable and accrued expenses | $15,000 |
| 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 | $704 |
| Total liabilities | $15,704 |
| Net assets without donor restrictions | $971,856 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $987,560 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Holland Community Aquatic Center Foundation has recieved totaling $162,250.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Found Ation Ic Alpharetta, GA PURPOSE: SUPPORT | $75,000 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI PURPOSE: BUILDING CAMPAIGN | $42,250 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $25,250 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,000 |
Usa Swimming Foundation Colorado Springs, CO PURPOSE: LEARN TO SWIM | $9,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Institute Of Fine Arts Cincinnati, OH | $143,710,134 | $18,167,716 |
Milwaukee Youth Arts Center Inc Milwaukee, WI | $19,493,020 | $1,487,635 |
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Gretchen C Valade Endownment For The Arts Grosse Pointe Farms, MI | $243,795 | $701,832 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Stranahan Theater Trust Toledo, OH | $8,657,063 | $1,825,495 |
Holland Community Aquatic Center Foundation Saugatuck, MI | $987,560 | $1,564,696 |
Urban Sight Inc Perrysburg, OH | $141,593 | $884,230 |
Foundation For The Flint Cultural Center Flint, MI | $38,034,949 | $6,392,203 |
Milwaukee Youth Arts Center Foundation Inc Milwaukee, WI | $10,317,722 | $10,905,403 |
Monument Legacy Inc Carmel, IN | $4,006,902 | $508,574 |
Copernicus Cultural Foundation Of Stevens Point Wisconsin Inc Mosinee, WI | $845,687 | $1,133,742 |