Symphony Park Master Association Inc

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SYMPHONY PARK MASTER ASSOCIATION CONSTRUCTED A PARK ON 2 PARCELS OF LAND DEEDED TO THEM BY CITY PARKWAY V, INC AN AFFILIATE OF THE CITY OF LAS VEGAS. THE PARK PRESERVES AND BEAUTIFIES THE AREAS AROUND THE SURROUNDING COMMERCIAL DEVELOPMENTS. SPMA IS RESPOSIBLE FOR MAINTAINING AND OPERATING THE PARK.

Symphony Park Master Association Inc

Overview

Symphony Park Master Association Inc is a nonprofit organization based in Las Vegas, Nevada, designated under the 501(c)(4) section of the Internal Revenue Code. Established to support community welfare and enhance social living conditions, the organization is classified as a civic league and social welfare organization.

Mission and Activities

The primary mission of Symphony Park Master Association Inc includes the construction, maintenance, and operation of Symphony Park, a public recreational area. The park was officially opened to the public in April 2012. To achieve its mission, the association coordinates with various stakeholders and receives funding through quarterly assessments from commercial entities within the vicinity of the park.

Financial Information

As of the fiscal year ending December 2019, the association reported total revenues of $73,029, primarily derived from contributions. The organization had total assets amounting to $1,041,511 and total liabilities of $11,000. Notably, there have been no reported salaries or expenditures on executive compensation, indicating a volunteer-based leadership structure. The financial data illustrates that the association operates with a significant reliance on donations to fund its activities.

Governance

The association is governed by a board of directors that includes a president, treasurer, and additional members. Key personnel have included Scott D. Adams (President/Director), Gary Ameling (Treasurer/Secretary), and Jorge Cervantes (Director). Their roles, characterized by volunteerism, reflect the organization's commitment to community service without the burden of high administrative costs.

Classification and Tax Status

Symphony Park Master Association Inc is classified as a social welfare organization, which allows it to engage in advocacy and community improvement initiatives without the same level of public scrutiny required of charitable organizations under 501(c)(3). Donations made to the organization are not tax-deductible, reflecting its operational focus on civic engagement rather than charitable purposes.

Conclusion

Through its efforts in managing Symphony Park, the Symphony Park Master Association Inc plays a vital role in enhancing community welfare and providing recreational opportunities in Las Vegas. The association continues to foster a collaborative environment, engaging local businesses and residents in its mission to improve public spaces for all.

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Founded

2008

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Las Vegas

Address: 495 S Main St Fl 6, Las VegasWeb: Sign in to see organisation websiteRevenue: 70858ICO: 271958496

Symphony Park

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Thomas

What a wonderful initiative Symphony Park is! It's amazing to see such a vibrant mix of arts, culture, and community all in one place. Can’t wait to explore soon! 🎶🌳

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Linda

2. What strategies can be implemented to ensure that new retail and restaurant developments in Symphony Park support sustainability and local economic growth while catering to the diverse interests of residents and visitors?

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Christine

Loving the updates from Symphony Park! It's inspiring to see how this space enhances our downtown and brings together residents and visitors for unforgettable experiences. Let’s support and embrace our local gems! ❤️🎉

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Michael

1. How can Symphony Park Master Association Inc. enhance community engagement and collaboration among residents, businesses, and local government to promote cultural and artistic initiatives?

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