Civic Intelligence

Thunder Bay River Center Inc.

990EZ • Fiscal year 2020 • EIN 81-1641673

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

208 N First AveAlpena, MI 49707

(616) 527-0419

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

96th percentile

80%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

13%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-44%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$229,757

Up $27,065 (+13%) from 2019

Net Assets

Up

$229,757

Up $27,065 (+13%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$33,639

Down $26,063 (-44%) from 2019

Expenses

Down

$6,575

Down $20,174 (-75%) from 2019

Net Income

Down

$27,064

Down $5,889 (-18%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2019: $202,692Liabilities 2019: $0Net Assets 2019: $202,6922019Assets 2020: $229,757Liabilities 2020: $0Net Assets 2020: $229,7572020Assets 2021: $261,299Liabilities 2021: $0Net Assets 2021: $261,2992021Assets 2022: $284,499Liabilities 2022: $0Net Assets 2022: $284,4992022Assets 2023: $319,713Liabilities 2023: $0Net Assets 2023: $319,7132023Assets 2024: $329,527Net Assets 2024: $329,5272024

Highlighted filing

2020

Assets$229,757
Liabilities$0
Net Assets$229,757

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0Revenue 2019: $59,702Expenses 2019: $26,749Net Income 2019: $32,9532019Revenue 2020: $33,639Expenses 2020: $6,575Net Income 2020: $27,0642020Revenue 2021: $39,518Expenses 2021: $7,207Net Income 2021: $32,3112021Revenue 2022: $27,683Expenses 2022: $4,897Net Income 2022: $22,7862022Revenue 2023: $39,394Expenses 2023: $4,817Net Income 2023: $34,5772023Revenue 2024: $14,951Expenses 2024: $4,313Net Income 2024: $10,6382024

Highlighted filing

2020

Revenue$33,639
Expenses$6,575
Net Income$27,064
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.0
Gross Receipts
$50,535
Mission and Program Overview

Mission

The mission of the thunder bay river center is to preserve, protect & interpret the thunder bay river watershed. The river center aims to promote the economic vitality & ecological integrity of the thunder bay river watershed's five counties (alcona, alpena, montmorency, oscoda, presque isle) through education, research & environmental stewardship. It is the guardian of the thunder bay river watershed, a center for research, an institute for environmental education, a showcase for green technology, & a hub for ecologically sustainable outdoor recreation. The intention is to construct a state of the art, interpretive nature center that flawlessly provides steam (science, technology, education, art, and math) education for all ages. It is vital that northeast michigan has a place that allows people of all ages to celebrate its industrial past and learn about how humans impact the local ecosystems. The organization is currently in the planning stages of the plan to build and sustain the r

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IS CURRENTLY IN THE PLANNING STAGES OF THE PLAN TO BUILD AND SUSTAIN THE RIVER CENTER. THE PLANNING STAGE CONSISTS OF SPECIAL EVENTS, PROMOTION, FUNDRAISING, FEASIBILITY STUDIES AND ARCHITECTURAL PLANNING/CONSULTATIONS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM HAASETreasurer-$0--
ROGER WITHERBEEDirector-$0--
JUDY KALMANEKChair-$0--
DAN MITCHELVice Chair-$0--
BEVERLY BODEMDirector-$0--
BRIAN BARTOSHDirector-$0--
MEAG SCHWARTZDirector-$0--
SUSAN SZCZUKOWSKISecretary-$0--
KAREN SAVAGEDirector-$0--
TIM CWALINSKIDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Reel Fishing to$31,134$31,134$2,957$28,177
Total Events$31,134$31,134$16,896$14,238
Filing and Contact Details

Filer

Filer Name
Thunder Bay River Center Inc
EIN
81-1641673
Phone
6165270419
Address
208 N FIRST AVE, ALPENA, MI 49707

Signing Officer

Name
Judy Kalmanek
Title
Chair
Phone
6165270419
Signed
2021-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Boldrey Senchuk Rouleau & Williams Cpas
Address
117 S STATE AVE, ALPENA, MI 49707-2844
Preparer
Marie F Williams CPA
Phone
9893569065
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,267 supplies 390 1,215 cfnem - admin fees 583 total 3,455

Form 990-ez, Part II, Line 24

Pledges receivable 34,650 12,600 less allowance 250 250 net 34,400 12,350 beneficial interest 115,526 145,414 total 149,926 157,764

Form 990-ez, Part III

The mission of the thunder bay river center is to preserve, protect & interpret the thunder bay river watershed. The river center aims to promote the economic vitality & ecological integrity of the thunder bay river watershed's five counties (alcona, alpena, montmorency, oscoda, presque isle) through education, research & environmental stewardship. It is the guardian of the thunder bay river watershed, a center for research, an institute for environmental education, a showcase for green technology, & a hub for ecologically sustainable outdoor recreation. The intention is to construct a state of the art, interpretive nature center that flawlessly provides steam (science, technology, education, art, and math) education for all ages. It is vital that northeast michigan has a place that allows people of all ages to celebrate its industrial past and learn about how humans impact the local ecosystems. The organization is currently in the planning stages of the plan to build and sustain the river center. The planning stage consists of special events, promotion, fundraising, feasibility studies and architectural planning/consultations.

Form 990-ez, Part III, Line 28

The organization is currently in the planning stages of the plan to build and sustain the river center. The planning stage consists of special events, promotion, fundraising, feasibility studies and architectural planning/consultations.

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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE THUNDER BAY RIVER CENTER IS TO PRESERVE, PROTECT & INTERPRET THE THUNDER BAY RIVER WATERSHED. THE RIVER CENTER AIMS TO PROMOTE THE ECONOMIC VITALITY & ECOLOGICAL INTEGRITY OF THE THUNDER BAY RIVER WATERSHED'S FIVE COUNTIES (ALCONA, ALPENA, MONTMORENCY, OSCODA, PRESQUE ISLE) THROUGH EDUCATION, RESEARCH & ENVIRONMENTAL STEWARDSHIP. IT IS THE GUARDIAN OF THE THUNDER BAY RIVER WATERSHED, A CENTER FOR RESEARCH, AN INSTITUTE FOR ENVIRONMENTAL EDUCATION, A SHOWCASE FOR GREEN TECHNOLOGY, & A HUB FOR ECOLOGICALLY SUSTAINABLE OUTDOOR RECREATION. THE INTENTION IS TO CONSTRUCT A STATE OF THE ART, INTERPRETIVE NATURE CENTER THAT FLAWLESSLY PROVIDES STEAM (SCIENCE, TECHNOLOGY, EDUCATION, ART, AND MATH) EDUCATION FOR ALL AGES. IT IS VITAL THAT NORTHEAST MICHIGAN HAS A PLACE THAT ALLOWS PEOPLE OF ALL AGES TO CELEBRATE ITS INDUSTRIAL PAST AND LEARN ABOUT HOW HUMANS IMPACT THE LOCAL ECOSYSTEMS. THE ORGANIZATION IS CURRENTLY IN THE PLANNING STAGES OF THE PLAN TO BUILD AND SUSTAIN THE R
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,267 SUPPLIES 390 1,215 CFNEM - ADMIN FEES 583 TOTAL 3,455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 34,650 12,600 LESS ALLOWANCE 250 250 NET 34,400 12,350 BENEFICIAL INTEREST 115,526 145,414 TOTAL 149,926 157,764
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF THE THUNDER BAY RIVER CENTER IS TO PRESERVE, PROTECT & INTERPRET THE THUNDER BAY RIVER WATERSHED. THE RIVER CENTER AIMS TO PROMOTE THE ECONOMIC VITALITY & ECOLOGICAL INTEGRITY OF THE THUNDER BAY RIVER WATERSHED'S FIVE COUNTIES (ALCONA, ALPENA, MONTMORENCY, OSCODA, PRESQUE ISLE) THROUGH EDUCATION, RESEARCH & ENVIRONMENTAL STEWARDSHIP. IT IS THE GUARDIAN OF THE THUNDER BAY RIVER WATERSHED, A CENTER FOR RESEARCH, AN INSTITUTE FOR ENVIRONMENTAL EDUCATION, A SHOWCASE FOR GREEN TECHNOLOGY, & A HUB FOR ECOLOGICALLY SUSTAINABLE OUTDOOR RECREATION. THE INTENTION IS TO CONSTRUCT A STATE OF THE ART, INTERPRETIVE NATURE CENTER THAT FLAWLESSLY PROVIDES STEAM (SCIENCE, TECHNOLOGY, EDUCATION, ART, AND MATH) EDUCATION FOR ALL AGES. IT IS VITAL THAT NORTHEAST MICHIGAN HAS A PLACE THAT ALLOWS PEOPLE OF ALL AGES TO CELEBRATE ITS INDUSTRIAL PAST AND LEARN ABOUT HOW HUMANS IMPACT THE LOCAL ECOSYSTEMS. THE ORGANIZATION IS CURRENTLY IN THE PLANNING STAGES OF THE PLAN TO BUILD AND SUSTAIN THE RIVER CENTER. THE PLANNING STAGE CONSISTS OF SPECIAL EVENTS, PROMOTION, FUNDRAISING, FEASIBILITY STUDIES AND ARCHITECTURAL PLANNING/CONSULTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS CURRENTLY IN THE PLANNING STAGES OF THE PLAN TO BUILD AND SUSTAIN THE RIVER CENTER. THE PLANNING STAGE CONSISTS OF SPECIAL EVENTS, PROMOTION, FUNDRAISING, FEASIBILITY STUDIES AND ARCHITECTURAL PLANNING/CONSULTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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