Skip to main content

Nonprofit · EIN 86-2851511

LOWER TOWN RIVERFRONT CONSERVANCY

Tax-exempt · DETROIT, MI 48226

Financials

$10.7M$413K2023$1.6M$390K2024$2.7M$447K2025
Revenue Expenses · by fiscal year end
Financials of LOWER TOWN RIVERFRONT CONSERVANCY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,653,014$446,522$2,206,492$25,834,368$210,311$25,624,057
December 31, 2024990$1,642,366$389,822$1,252,544$21,546,533$68,788$21,477,745
December 31, 2023990$10,660,136$412,883$10,247,253$20,230,660$5,157$20,225,503
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,505,754
Program service revenue
$0
Investment income
$213,661
Net income from fundraising events
-$66,679
Other revenue
-$66,401

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$185,000
Salaries, compensation and benefits (total)
$197,627
Professional fundraising fees
$0
Accounting fees
$30,116
Occupancy
$28,619
Travel
$4,094
Depreciation
$8,451
Program services (functional)
$157,522
Management and general (functional)
$142,678
Fundraising (functional)
$146,322

Balance sheet and other

Total assets, start of year
$21,546,533
Total assets, end of year
$25,834,368
Total liabilities, end of year
$210,311
Net assets, end of year
$25,624,057
Land, buildings and equipment
$16,555,949
Net assets without donor restrictions
$17,454,664
Net assets with donor restrictions
$8,169,393
Gross receipts
$2,719,693
Employees
1
Volunteers
8
Year formed
2020
State of legal domicile
MI

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARIE KLOPFPRESIDENT
Officer
40$161,888$23,112
KAITLYN HORBELSECRETARY
Officer
0.25$0$0
STACY FOXCHAIR
Trustee or director, Officer
2$0$0
SUSAN POLLAYTREASURER
Trustee or director, Officer
1$0$0
LEE BERRYBOARD MEMBER
Trustee or director
0.25$0$0
HENRY DECKERBOARD MEMBER
Trustee or director
0.25$0$0
ANNE COOPERBOARD MEMBER
Trustee or director
0.25$0$0
JIM KOSTEVABOARD MEMBER
Trustee or director
0.25$0$0
MARK WALLACEBOARD MEMBER
Trustee or director
0.25$0$0
ANTHONY TOMCZAKBOARD MEMBER
Trustee or director
0.25$0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
MARIE KLOPFPRESIDENT
Officer
40$167,865$17,135
STACY FOXCHAIR
Trustee or director, Officer
3$0$0
SUSAN POLLAYTREASURER
Trustee or director, Officer
2.5$0$0
MARK WALLACEBOARD MEMBER
Trustee or director
0.5$0$0
JIM KOSTEVABOARD MEMBER
Trustee or director
0.5$0$0
ANTHONY TOMCZAKBOARD MEMBER
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MARIE KLOPFPRESIDENT
Officer
40$175,750
STACY FOXCHAIR
Trustee or director, Officer
3$0
SUSAN POLLAYTREASURER
Trustee or director, Officer
2.5$0
JIM KOSTEVABOARD MEMBER
Trustee or director
0.5$0
TONY TOMCZYKBOARD MEMBER
Trustee or director
0.5$0
MARK WALLACEBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1117 GRISWOLD ST UNIT 1416, DETROIT, MI 48226-1936
In care of
% STACY FOX
Mailing address (990-N for 2021)
1117 GRISWOLD STREET 1416, DETROIT MI 482261936
Principal officer (990 for 2025)
MARIE KLOPF, 1117 GRISWOLD ST STE 1416, DETROIT, MI 48226
Principal officer (990-N for 2021)
STACY FOX, 1117 GRISWOLD STREET UNIT 1416, DETROIT MI 482261936
Signed the 990
MARIE KLOPF, PRESIDENT
Phone
(810) 397-8541
Return prepared by
ALTRUIC ADVISORS CPAS

Mission

THE LOWER TOWN RIVERFRONT CONSERVANCY IS ORGANIZED TO ESTABLISH, IMPROVE, OPERATE, MAINTAIN, CONSERVE, AND PRESERVE PUBLICLY ACCESSABLE GREEN SPACE, TRAILS AND PATHWAYS, AND PARK AMENITIES INITIALLY IN BROADWAY PARK WEST IN ANN ARBOR.

990 for the year ended December 31, 2025

Program accomplishments

  • WORK IN PROGRESS RELATED TO THE BROADWAY PARK WEST PROJECT IN LOWER TOWN ANN ARBOR TO ESTABLISH, IMPROVE, MAINTAIN, CONSERVE, AND PRESERVE PUBLICLY ACCESSIBLE GREEN SPACE, TRAILS AND PATHEAYS, AND PARK AMENITIES ALONG THE HURON RIVER.
    Expenses $157,522

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-2851511
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,834,368
Income (IRS master file)
$2,719,693

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,653,014$446,522$25,834,368XML
990December 2024$1,642,366$389,822$21,546,533XML
990December 2023$10,660,136$412,883$20,230,660XML
990December 2022$10,001,000$22,750$9,988,921IRS
990-N for 2021
Officer: STACY FOX
December 31, 2021≤ $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 86-2851511).

Questions about LOWER TOWN RIVERFRONT CONSERVANCY

What is the EIN of LOWER TOWN RIVERFRONT CONSERVANCY?
The employer identification number (EIN) of LOWER TOWN RIVERFRONT CONSERVANCY is 86-2851511.
Is LOWER TOWN RIVERFRONT CONSERVANCY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LOWER TOWN RIVERFRONT CONSERVANCY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOWER TOWN RIVERFRONT CONSERVANCY 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 LOWER TOWN RIVERFRONT CONSERVANCY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOWER TOWN RIVERFRONT CONSERVANCY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LOWER TOWN RIVERFRONT CONSERVANCY?
The 990 for the year ended December 31, 2025 names MARIE KLOPF.
Who are the officers and directors of LOWER TOWN RIVERFRONT CONSERVANCY?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $161,888 (MARIE KLOPF, PRESIDENT).
How much revenue does LOWER TOWN RIVERFRONT CONSERVANCY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,653,014, expenses of $446,522 and total assets of $25,834,368 at year end.

Other nonprofits in DETROIT

All nonprofits in DETROIT · Michigan · Recreation and sports