Park Management Company Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811871658 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

Overview

What is Park Management Company Inc?

Park Management Company Inc serves as a nonprofit organization, providing executive oversight and management for Myriad Gardens Foundation and Scissortail Park Foundation in a public-private partnership with the City of Oklahoma City. With a team of 21 employees, their roles primarily involve administrative, financial, and event support, as well as managing financials, budgeting, insurance coverage, staff benefits, human resources, IT, and safety for both foundations. The executive staff collaborates closely with the city staff, ensuring the foundations effectively manage funding and maintain infrastructure at their respective locations. By overseeing these two 501(C)3 foundations, Park Management Company Inc facilitates fundraising efforts to support these valuable community spaces.


Is Park Management Company Inc legitimate?

Park Management Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Management Company Inc 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: $371,676
Professional Fundraising Fees: $0
Other Salaries and Wages: $641,553

For more financial information, click here


What is the mission statement of Park Management Company Inc?
Who is the CEO of Park Management Company Inc?
What is the revenue of Park Management Company Inc?
Who are the executives of Park Management Company Inc and what are their salaries?
Where can I find the form 990 for Park Management Company Inc?

Mission Statement of Park Management Company Inc

Park Management Company Inc, as a nonprofit entity, is entrusted with overseeing two 501(c)3 foundations: Myriad Gardens Foundation and Scissortail Park Foundation. Their primary mission involves facilitating fundraising efforts for these organizations, ensuring efficient and effective use of resources. The company's role encompasses managing financials, budgeting, insurance coverage, staff benefits, human resources, IT, and safety for both foundations. By assuming this administrative and long-term planning role, Park Management Company Inc promotes staffing efficiencies and cost savings, consolidating these responsibilities for the benefit of both foundations. The company's executives and staff work closely with the city government in a public-private partnership, ensuring that the foundations manage their funding appropriately and maintain infrastructure at each location.

Impact

This information is meant to be a general summary of Park Management Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Park Management Company Inc's impact is substantial in overseeing the Myriad Gardens Foundation and Scissortail Park Foundation, both crucial entities within the public/private partnership with the City of Oklahoma City. By providing executive oversight and management, Park Management Company ensures proper financial stewardship, budgeting, insurance coverage, human resources, IT, and safety for these foundations. This streamlined management arrangement not only promotes efficiency and cost savings but also helps in maintaining infrastructure and managing funding effectively for these recreational spaces. The facilitation of fundraising activities further solidifies the impact of Park Management Company Inc in sustaining these vital foundations for the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $155
  • Program Service Revenue: $1,285,474
  • Gross Receipts: $1,285,834

    • Assets and Liabilities:
  • Total Assets: $143,066
  • Total Liabilities: $143,066
  • Net Assets: $0
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $1,285,474

    Organization Details

    Founding Year

    2016

    Principal Officer

    Maureen Heffernan

    Main Address

    301 WEST RENO AVE, OKLAHOMA CITY, OK, 73102

    NTEE Category

    Code: N02 - Recreation

    If you are a representative of Park Management Company Inc 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.