Overview
What is Lakeshore Park Conservancy?
Lakeshore Park Conservancy is a nonprofit organization based in Knoxville, Tennessee, with a PO Box address (10244). Their primary mission is to plan, develop, construct, and administer park facilities, as part of their commitment to providing public recreation areas for the community. In fiscal year 2023, they incurred additional expenses of $18.5 million towards park development projects. These costs are capitalized as construction costs on their balance sheet until project completion. Upon finishing each project, it is transferred to the City of Knoxville and recognized as program expenses. The organization had nine employees in the given year and focused on the development, construction, and operation of parks, including the construction of necessary facilities.
Official website here: www.lakeshoreparkknoxville.org
Is Lakeshore Park Conservancy legitimate?
Lakeshore Park Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeshore Park Conservancy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,986
For more financial information, click here
Official website here: www.lakeshoreparkknoxville.org
What is the mission statement of Lakeshore Park Conservancy?
The Lakeshore Park Conservancy is dedicated to the development, construction, and operation of a park, with a focus on providing public recreation facilities. The organization's mission is to plan, manage, and construct facilities in alignment with its community objective of promoting public recreation. In fiscal year 2023, the conservancy incurred 18.5 million dollars in project expenditures for park development. These costs are accounted for as capitalized program construction costs until projects are completed. Despite these significant investments, no projects were finished during that fiscal year. Upon completion, each project is transferred to the city and recognized as program expenses.
Official website here: www.lakeshoreparkknoxville.org
Who is the CEO of Lakeshore Park Conservancy?
Thomas N Mcadams is the Chairman & P of Lakeshore Park Conservancy.
Official website here: www.lakeshoreparkknoxville.org
What is the revenue of Lakeshore Park Conservancy?
Lakeshore Park Conservancy's revenue in 2023 was $13,454,519.
Official website here: www.lakeshoreparkknoxville.org
Who are the executives of Lakeshore Park Conservancy and what are their salaries?
The average compensation at Lakeshore Park Conservancy during 2023 was $24,998. There are 9 employees and 30 volunteers at Lakeshore Park Conservancy.
Here are 8 key members and their salaries:
- Susan B Haslam (Chairman & P) [Trustee/Director]
- Charles Anderson Jr (Vice Preside) [Trustee/Director]
- L Caesar Stairiii (Vice Preside) [Trustee/Director]
- Thomas N Mcadams (Secretary/Tr) [Trustee/Director]
- James A Haslamiii (Director)
- Joe Armstrong (Director)
- Margaret Ritchie (Director)
- Indya Kincannon (Director)
Official website here: www.lakeshoreparkknoxville.org
Where can I find the form 990 for Lakeshore Park Conservancy?
The Lakeshore Park Conservancy’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.lakeshoreparkknoxville.org
Learn more at the official website: www.lakeshoreparkknoxville.org
Mission Statement of Lakeshore Park Conservancy
Lakeshore Park Conservancy, a dedicated organization, works tirelessly towards the development, construction, and operation of public recreation facilities. In alignment with its community objective, the Conservancy meticulously plans, develops, constructs, and administers park facilities. In fiscal year 2023, the organization invested an additional $18.5 million in project expenditures related to the development of the park. These expenses, classified as program construction costs on the balance sheet, are capitalized until the completion of each project. Once a project is finished, it is conveyed to the City of Knoxville and recognized as program expenses. However, no projects were completed during fiscal year 2023. The Lakeshore Park Conservancy's unwavering commitment to its mission ensures that it continues to improve and expand public recreation facilities, providing ample opportunities for community members to enjoy and engage in various activities.
Impact
This information is meant to be a general summary of Lakeshore Park Conservancy. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lakeshore Park Conservancy's impact lies in the development, construction, and operation of a park in Knoxville, TN, with a focus on providing public recreation facilities. Their mission centers around planning, developing, and administering park facilities to serve the community. In fiscal year 2023, the organization incurred significant project expenditures amounting to $18,514,968 related to the park's development. These funds were dedicated to capital construction costs and channeled towards enhancing recreational offerings for the public.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Organization Details
Founding Year
1996
Phone
(865) 215-1722
Principal Officer
Thomas N Mcadams
Main Address
PO BOX 10244, KNOXVILLE, TN, 379390244
NTEE Category
Code: N32 - Recreation
If you are a representative of Lakeshore Park Conservancy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.