Greenbank Mill Associates Inc
- Assets
- $2.6m
- Revenue
- $85.9k
- Investments
- $174.6k
- Employees
- 6
- Location
- Wilmington, DE
- Founding
- 11/1988
- Data as of
- 12/2021
- EIN
- 51-0305673
Organization Overview
Greenbank Mill Associates Inc is located in Wilmington, DE. The organization was established in 1988. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Greenbank Mill Associates Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenbank Mill Associates Inc 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, Greenbank Mill Associates Inc generated $85.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $137.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPANDING KNOWLEDGE OF THE RED CLAY VALLEY INDUSTRIAL, AGRICULTURAL,
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 |
|---|---|---|---|
A Maccari-Klin Secretary | Officer | 1 | $0 |
Carlie Maheuri Treasurer | Officer | 1 | $0 |
Thomas Gears Chair | Officer | 1 | $0 |
Barbara Nelson | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,300 |
| 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 | $10,300 |
| Total Program Service Revenue | $51,658 |
| Investment income | $0 |
| 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 | $85,948 |
| 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. | $41,513 |
| 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 | $3,176 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $137,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,262 |
| Savings and temporary cash investments | $50,623 |
| 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 | $1,085,643 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $174,612 |
| Investments—program-related | $1,277,381 |
| Intangible assets | $0 |
| Other assets | -$40,758 |
| Total assets | $2,554,763 |
| 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 | $2,554,763 |
| 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 | $2,554,763 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greenbank Mill Associates Inc has recieved totaling $264.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $139 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $125 |
Endowment Analysis
| Beg. Balance | $100,000 |
| Ending Balance | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Historic Morven Inc Princeton, NJ | $24,966,023 | $2,239,709 |
Jewish Museum Of Maryland Inc Baltimore, MD | $10,449,720 | $1,816,482 |
The Flagship Niagara League Erie, PA | $891,920 | $1,486,616 |
Society For The Preservation Of Maryland Antiquities Baltimore, MD | $15,413,425 | $2,795,818 |
Chester County Historical Society West Chester, PA | $11,285,683 | $1,489,670 |
Johnstown Area Heritage Association Johnstown, PA | $7,860,133 | $1,232,153 |
New York Susquehanna & Western Technical & Historical Society Inc Rochelle Park, NJ | $1,981,630 | $2,086,893 |