Nonprofit · EIN 26-0629385
URBANA PARKS FOUNDATION
Tax-exempt · URBANA, IL 61801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $493,451 | $345,741 | $147,710 | $1,468,433 | $166,130 | $1,302,303 |
| December 31, 2023 | 990 | $501,058 | $481,029 | $20,029 | $1,364,953 | $193,033 | $1,171,920 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $493,026
- Program service revenue
- $0
- Investment income
- $425
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $300,983
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,092
- Occupancy
- $2,188
- Program services (functional)
- $300,983
- Management and general (functional)
- $34,198
- Fundraising (functional)
- $10,560
Balance sheet and other
- Total assets, start of year
- $1,364,953
- Total assets, end of year
- $1,468,433
- Total liabilities, end of year
- $166,130
- Net assets, end of year
- $1,302,303
- Land, buildings and equipment
- $521,172
- Net assets without donor restrictions
- $98,818
- Net assets with donor restrictions
- $1,203,485
- Gross receipts
- $493,451
- Employees
- 0
- Volunteers
- 50
- Year formed
- 2007
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEGAN PUZEY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MARIANNE DOWNEY | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELLEN KIRSANOFF | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| JAMES CONLIN | TREASURER Trustee or director, Officer | 2 | $0 |
| AMANI AYAD | TRUSTEE Trustee or director | 1 | $0 |
| BARBARA LINDER | TRUSTEE Trustee or director | 1 | $0 |
| BILL GRAY | TRUSTEE Trustee or director | 1 | $0 |
| CAROLYN TRIMBLE | TRUSTEE Trustee or director | 1 | $0 |
| CHRIS SCHERER | TRUSTEE Trustee or director | 1 | $0 |
| JAKE WOLF | TRUSTEE Trustee or director | 1 | $0 |
| JOE DELUCE | TRUSTEE Trustee or director | 1 | $0 |
| JUDY MILLER | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL STEVENSON | TRUSTEE Trustee or director | 1 | $0 |
| NANCY DELCOMYN | TRUSTEE Trustee or director | 1 | $0 |
| PALLASSANA BALGOPAL | TRUSTEE Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER DIGGES | TRUSTEE Trustee or director | 1 | $0 |
| SARAH NEMETH | TRUSTEE Trustee or director | 1 | $0 |
| TIM BARTLETT | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES CONLIN | TREASURER Trustee or director, Officer | 2 | $0 |
| MARIANNE DOWNEY | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELLEN KIRSANOFF | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MEGAN PUZEY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| AMANI AYAD | TRUSTEE Trustee or director | 1 | $0 |
| JOE DELUCE | TRUSTEE Trustee or director | 1 | $0 |
| BILL GRAY | TRUSTEE Trustee or director | 1 | $0 |
| JUDY MILLER | TRUSTEE Trustee or director | 1 | $0 |
| SARAH NEMETH | TRUSTEE Trustee or director | 1 | $0 |
| JEAN PALEY | TRUSTEE Trustee or director | 1 | $0 |
| CHRIS SCHERER | TRUSTEE Trustee or director | 1 | $0 |
| NANCY SCHRUMPF | TRUSTEE Trustee or director | 1 | $0 |
| CAROLYN TRIMBLE | TRUSTEE Trustee or director | 1 | $0 |
| DIXIE WHITT | TRUSTEE Trustee or director | 1 | $0 |
| JAKE WOLF | TRUSTEE Trustee or director | 1 | $0 |
| ROGER DIGGES | TRUSTEE Trustee or director | 1 | $0 |
| TIM BARTLETT | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 303 W UNIVERSITY AVE, URBANA, IL 61801-1746
- In care of
- % BETSY WONG
- Mailing address (990-N for 2015)
- 118 South Race Street, Urbana IL 61801
- Principal officer (990 for 2024)
- MICHAEL STEVENSON, 303 W UNIVERSITY AVE, URBANA, IL 61801
- Principal officer (990-N for 2015)
- Thomas Brown, 107 G H Baker Drive, Urbana IL 61801
- Signed the 990
- MEGAN PUZEY, PRESIDENT
- Phone
- (217) 367-1536
- Return prepared by
- SIKICH LLC
Mission
THE FOUNDATION WAS ESTABLISHED IN 2007 TO HELP MEET THE GROWING NEED FOR SUPPLEMENTAL SUPPORT BY RAISING FUNDS FOR URBANA PARK DISTRICT (UPD) ACTIVITIES. UPF SEEKS DONATIONS FROM PEOPLE AND ORGANIZATIONS WHO APPRECIATE THE VALUE OF PARKS OR PROGRAMS NOT JUST FOR THEIR IMMEDIATE ESTHETIC OR ENVIRONMENTAL VALUE, BUT FOR THE IMPACT THEY CAN HAVE ON FUTURE GENERATIONS. OUR SPONSORS AND DONORS PROVIDE GENEROUS FINANCIAL AND IN-KIND ASSISTANCE, AS WELL AS CONTRIBUTING IN WAYS THAT BENEFIT THE GREATER URBANA-CHAMPAIGN COMMUNITY.
Program accomplishments
- HEALTH & WELLNESS CENTERTHE URBANA PARKS FOUNDATION WAS PROUD TO DISTRIBUTE OVER $150,000 TO SUPPORT THE CONSTRUCTION OF THE URBANA PARK DISTRICT'S NEW HEALTH & WELLNESS CENTER IN 2024. THE HEALTH & WELLNESS CENTER IS A FACILITY OFFERING COMPREHENSIVE INDOOR RECREATION OPTIONS INCLUDING AN INDOOR WALKING TRACK, TWO FULL COURT BASKETBALL COURTS, EXERCISE EQUIPMENT ROOM, GROUP FITNESS SPACE, AND A COMMUNITY GATHERING ROOM.Expenses $151,812 · grants $151,812
- PRAIRIEPLAY PLAYGROUND AT MEADOWBROOK PARKTHE URBANA PARKS FOUNDATION DISTRIBUTED $122,629 TO ASSIST WITH THE CONSTRUCTION OF A NEW, INCLUSIVE PLAYGROUND AT MEADOWBROOK PARK.Expenses $122,629 · grants $122,629
- YOUTH SCHOLARSHIPSTHE URBANA PARKS FOUNDATION DISTRIBUTED $5,500 TO THE URBANA PARK DISTRICT TO BE USED FOR THEIR YOUTH SCHOLARSHIP PROGRAM TO HELP FAMILIES FACING FINANCIAL BARRIERS AFFORD PROGRAMS AND FACILITY MEMBERSHIPS.Expenses $5,500 · grants $5,500
- TO ASSIST WITH PROVIDING PARK PROGRAMS AND ITEMS.Expenses $21,042 · grants $21,042
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0629385
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T990)
- Assets (IRS master file)
- $1,468,433
- Income (IRS master file)
- $493,451
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $493,451 | $345,741 | $1,468,433 | XML |
| 990 | December 2023 | $501,058 | $481,029 | $1,364,953 | XML |
| 990 | December 2022 | $594,172 | $1,559,243 | $1,612,580 | IRS |
| 990 | December 2021 | $1,240,248 | $170,931 | $2,962,474 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2015 Officer: Thomas Brown | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0629385).
Questions about URBANA PARKS FOUNDATION
- What is the EIN of URBANA PARKS FOUNDATION?
- The employer identification number (EIN) of URBANA PARKS FOUNDATION is 26-0629385.
- Is URBANA PARKS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to URBANA PARKS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does URBANA PARKS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of URBANA PARKS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did URBANA PARKS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of URBANA PARKS FOUNDATION?
- The 990 for the year ended December 31, 2024 names MICHAEL STEVENSON.
- Who are the officers and directors of URBANA PARKS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does URBANA PARKS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $493,451, expenses of $345,741 and total assets of $1,468,433 at year end.
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