Civic Intelligence

Thunder Bay River Center Inc.

990EZ • Fiscal year 2021 • EIN 81-1641673

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 18, 2022

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

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

82%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

60th percentile

14%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

17%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$261,299

Up $31,542 (+14%) from 2020

Net Assets

Up

$261,299

Up $31,542 (+14%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$39,518

Up $5,879 (+17%) from 2020

Expenses

Up

$7,207

Up $632 (+9.6%) from 2020

Net Income

Up

$32,311

Up $5,247 (+19%) from 2020

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

2021

Assets$261,299
Liabilities$0
Net Assets$261,299

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

2021

Revenue$39,518
Expenses$7,207
Net Income$32,311
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 18, 2022
Return Version
2021v4.0
Gross Receipts
$45,691
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.-$5,903
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM HAASETreasurer-$0--
DAN MITCHELVice Chair-$0--
BEVERLY BODEMDirector-$0--
BRIAN BARTOSHDirector-$0--
MEAG SCHWARTZDirector-$0--
SUSAN SZCZUKOWSKISecretary-$0--
TIM CWALINSKIDirector-$0--
JUDY KALMANEKChair-$0--
ROGER WITHERBEEDirector-$0--
CHRIS POWLEYDirector-$0--
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
2022-07-18
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 8

Other revenue 115 total 115

Form 990-ez, Part I, Line 16

Expenses supplies 165 1,577 cfnem - admin fees 179 business registration 20 magic in the mist expenes 774 special event expense 2,871 non-investment depreciation 142 total 5,728

Form 990-ez, Part I, Line 20

UNREALIZED LOSS -769

Form 990-ez, Part II, Line 24

Pledges receivable 12,600 9,550 less allowance 250 250 net 12,350 9,300 thinkpad 0 775 less accumulated depreciation 0 142 beneficial interest 145,414 155,677 total 157,764 165,610

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/ExplanationTxt0OTHER REVENUE 115 TOTAL 115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SUPPLIES 165 1,577 CFNEM - ADMIN FEES 179 BUSINESS REGISTRATION 20 MAGIC IN THE MIST EXPENES 774 SPECIAL EVENT EXPENSE 2,871 NON-INVESTMENT DEPRECIATION 142 TOTAL 5,728
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS -769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PLEDGES RECEIVABLE 12,600 9,550 LESS ALLOWANCE 250 250 NET 12,350 9,300 THINKPAD 0 775 LESS ACCUMULATED DEPRECIATION 0 142 BENEFICIAL INTEREST 145,414 155,677 TOTAL 157,764 165,610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5THE 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 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02022-07-19T15:42:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits