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Derivera Park Trust

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

EIN: 341435143 ✦ Put in bay, OH ✦ Designated as a 501(c)(3)

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Overview

What is Derivera Park Trust?

Derivera Park Trust is a nonprofit organization based in Put-in-Bay, Ohio. Established with a specific trust deed, its primary mission is to operate a recreational facility that caters to residents, tourists, and boaters. The park welcomes over a million visitors during its seven-month operational season and is also responsible for preserving and maintaining certain woodlands on the island. With a dedicated workforce of 11 employees, the Derivera Park Trust aims to provide a enjoyable and sustainable recreational experience for all its visitors.


Official website here: www.bdockpib.com

Is Derivera Park Trust legitimate?

Derivera Park Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Derivera Park Trust 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $35,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,658

For more financial information, click here


Official website here: www.bdockpib.com

What is the mission statement of Derivera Park Trust?

The Derivera Park Trust's mission is centered around providing recreational facilities for a large number of tourists and boaters. Specifically, their goal is to cater to over one million visitors annually. They operate the park in compliance with the trust deed, maintaining its status as a recreational facility for both residents and visitors. Additionally, the trust is responsible for preserving and maintaining certain woodlands on the island, ensuring the park's natural beauty is maintained alongside its recreational facilities.


Official website here: www.bdockpib.com

Who is the CEO of Derivera Park Trust?

Kelly Faris is the Administrato of Derivera Park Trust.


Official website here: www.bdockpib.com

What is the revenue of Derivera Park Trust?

Derivera Park Trust's revenue in 2022 was $300,145.


Official website here: www.bdockpib.com

Who are the executives of Derivera Park Trust and what are their salaries?

The average compensation at Derivera Park Trust during 2022 was $6,958. There are 11 employees at Derivera Park Trust.


Here are 4 key members and their salaries:


Jon Galvin (Administrato)
  • Compensation: $35,875
  • Related: $0
  • Other: $0
Kelly Faris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lekanka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Winchester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bdockpib.com

Where can I find the form 990 for Derivera Park Trust?

Derivera Park Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bdockpib.com

Learn more at the official website: www.bdockpib.com

Mission Statement of Derivera Park Trust

Derivera Park Trust is dedicated to providing recreational facilities for a substantial number of tourists and boaters. This mission is carried out by operating the park in accordance with the trust deed, ensuring it serves as a recreational haven for both residents and visitors. The park attracts over one million visitors annually, making it a popular destination for leisure activities during a seven-month season. In addition to providing recreational facilities, Derivera Park Trust is also responsible for preserving and maintaining certain woodlands on the island, contributing to the overall beauty and environmental stability of the area.

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Impact




October, 2024

Derivera Park Trust plays a vital role in enhancing the recreational landscape of Put-in-Bay, Ohio, by providing facilities for over one million tourists and boaters each season. The park not only serves as a hub for leisure activities but also preserves and maintains essential woodlands on the island, contributing to environmental conservation. By operating in alignment with its trust deed, Derivera Park Trust ensures that residents and visitors can enjoy a well-maintained recreational space that supports outdoor activities and fosters community engagement. The park's impact is evident in its ability to attract a large number of visitors, thereby boosting the local economy and promoting a vibrant tourism experience.




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


Financials

This financial information is from Propublica.

Revenue
$300,145 (2022)
Expenses
$238,699 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,217
  • Program Service Revenue: $288,700
  • Gross Receipts: $302,739

Assets and Liabilities:

  • Total Assets: $2,516,595
  • Total Liabilities: $1,327
  • Net Assets: $2,515,268

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Programs

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

DOCKAGE FEES

Revenue

$278,273

LEVY COLLECTIONS

Revenue

$10,427

Organization Details

Founding Year

1866

Principal Officer

Kelly Faris

Main Address

PO BOX 226, PUT IN BAY, OH, 43456

NTEE Category

Code: N32Z - Recreation

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