NORTHPARK ASSOCIATION INC

EIN: 208747219 Community Improvement

OFALLON, MO

Total Revenue
$372,213
Total Expenses
$278,049
Total Assets
$946,637
Net Assets
$861,781
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MO
Principal Officer
GLENN G MITCHELL
Phone
6365619300
Tax Period
2022-01-01 to 2022-12-31

NORTHPARK ASSOCIATION INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $372K in total revenue in fiscal year 2022. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $94K, a strong 25% operating margin.

Mission

TO MAINTAIN A 550 ACRE PREMIER BUSINESS PARK, WHICH WILL HOST OVER FIVE MILLION SQUARE FEET OF DRAMATIC BUILDINGS DESIGNED TO COMPLEMENT THE SURROUNDING ENVIRONMENT AND CREATE OVER 6,600 PERMANENT JOBS.

Program Service Accomplishments

Program 1
Expenses: $276,449 Revenue: $372,213

NORTHPARK IS THE ONLY URBAN REDEVELOPMENT PROJECT IN THE COUNTRY LOCATED BETWEEN THE INTERSECTION OF TWO MAJOR HIGHWAYS, AN INTERNATIONAL AIRPORT AND A RENOWNED UNIVERSITY. NESTLED WITHIN THE...

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NORTHPARK IS THE ONLY URBAN REDEVELOPMENT PROJECT IN THE COUNTRY LOCATED BETWEEN THE INTERSECTION OF TWO MAJOR HIGHWAYS, AN INTERNATIONAL AIRPORT AND A RENOWNED UNIVERSITY. NESTLED WITHIN THE BOUNDARIES OF THE DEVELOPMENT IS A CITY PARK COMPLETE WITH A FISHING POND, PICNIC AREA, PLAYGROUND AND WALKING PATH. HOTELS, RESTAURANTS, BANKS, HOSPITALS, REGIONAL MALLS, SPECIALTY SHOPS, SPORTS AND RECREATIONAL ACTIVITIES, ENTERTAINMENT VENUES, DAYCARE SERVICES, AND OTHER AMENITIES ARE ONLY MINUTES AWAY. FUTURE SUBURBAN AMENITIES WITHIN NORTHPARK WILL INCLUDE RETAIL STORES, RESTAURANTS AND CULTURAL ACTIVITIES AND EXPERIENCES FOR THE COMMUNITY, AS WELL AS GREEN SPACE AND WALKING TRAILS CREATED BY THE GREAT RIVERS GREENWAY. NORTHPARK MAINTAINS THIS 550 ACRE PREMIER BUSINESS PARK WHICH WILL HOST OVER FIVE MILLION SQUARE FEET OF DRAMATIC BUILDINGS DESIGNED TO COMPLEMENT THE SURROUNDING ENVIRONMENT. NORTHPARK CURRENTLY INCLUDES 3,200,000 SQUARE FEET OF DEVELOPMENT WITH 11 BUSINESSES POPULATING THE SITE. OVER 6,600 PERMANENT JOBS WERE CREATED TO DATE AND NORTHPARK PARTNERS HAVE INVESTED OVER $525 MILLION DOLLARS TO DATE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $372,213
Investment Income $0
Other Revenue $0
TOTAL REVENUE $372,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $276,449
Other Expenses $278,049
TOTAL EXPENSES $278,049

Year-over-Year Comparison

2022 2021 Change
Revenue $372,213 $450,084 -0.2%
Expenses $278,049 $359,065 -0.2%
Net Income $94,164 $91,019 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE R CHAPMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
GLENN G MITCHELL SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTOPHER P MCKEE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $372,213 $278,049 $946,637 $94,164
2021 $450,084 $359,065 $833,338 $91,019
2020 $380,577 $304,502 $752,181 $76,075
2019 $385,519 $335,026 $604,067 $50,493
2018 $348,118 $264,723 $566,683 $83,395
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