Memorial Drive Esplanade Association
- Assets
- $202.4k
- Revenue
- $22.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 76-0266974
Organization Overview
Memorial Drive Esplanade Association is located in Houston, TX. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Drive Esplanade 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 12/2022, Memorial Drive Esplanade Association generated $22.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (50.0%) each year. All expenses for the organization totaled $33.7k during the year ending 12/2022. 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
INSTALLATION OF LANDSCAPING AND AN IRRIGATION SYSTEM IN THE ESPLANADES OF MEMORIAL DRIVE IN HOUSTON, TEXAS BETWEEN LOOP 610 AND THE 9800 BLOCK OF MEMORIAL DRIVE AND MAINTENANCE OF THOSE ESPLANADES AND IRRIGATION SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, MDEA EXPENDED $18,300 FOR LANDSCAPING MAINTENANCE, $4,431 FOR THE MAINTENANCE OF TREES, AND $5,376 FOR MAINTENANCE OF THE IRRIGATION SYSTEM. NO OTHER PROJECTS WERE UNDERTAKEN DURING 2022. LANDSCAPING MAINTENANCE WAS PERFORMED BY AN INDEPENDENT CONTRACTOR ONCE A WEEK, AND IRRIGATION MAINTENANCE WAS PERFORMED BY A DIFFERENT INDEPENDENT CONTRACTOR EVERY FEW MONTHS AND AS NEEDED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Artie Schroeder Director And Vice President | OfficerTrustee | 0 | $0 |
Randolph W Bryant Director And Treasurer | OfficerTrustee | 2 | $0 |
Sandra L Bryant Director And Secretary | OfficerTrustee | 0 | $0 |
Max Uzick Director | Trustee | 0 | $0 |
John M Clark Director | Trustee | 0 | $0 |
Susan Taggart Director | Trustee | 0 | $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 | $22,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,173 |
| Total Program Service Revenue | $0 |
| 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 | $22,173 |
| 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 | $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 | $300 |
| 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 | $3,818 |
| Insurance | $1,459 |
| All other expenses | $0 |
| Total functional expenses | $33,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,722 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $49,640 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $139,993 |
| Total assets | $202,355 |
| 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 | $0 |
| 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 | $202,355 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $202,355 |