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Nonprofiteer
← HUB404 CONSERVANCY INC

Form 990 for tax year 2024

Filed by HUB404 CONSERVANCY INC.

Totals

Total revenue
$466,925
Total expenses
$254,702
Contributions and grants received
$465,148
Grants paid
$0
Program service revenue
$0
Investment income
$1,777
Other revenue
$0
Total assets, end of year
$446,898
Total liabilities, end of year
$1,212
Net assets or fund balances, end of year
$445,686
Program services expenses (Part IX)
$0
Management and general expenses
$254,702
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $465,148

  • 3 · Investment income

    total $1,777 · excluded $1,777

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $132,917 · management and general $132,917

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $5,175 · management and general $5,175

  • 9 · Other employee benefits

    total $2,162 · management and general $2,162

  • 10 · Payroll taxes

    total $10,474 · management and general $10,474

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $157 · management and general $157

  • 11c · Fees: accounting

    total $4,609 · management and general $4,609

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $79,769 · management and general $79,769

  • 12 · Advertising and promotion

    total $60 · management and general $60

  • 13 · Office expenses

    total $175 · management and general $175

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $9,713 · management and general $9,713

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $7,500 · management and general $7,500

  • 24b · Other expenses: BUSINESS EXPENSE

    total $1,261 · management and general $1,261

  • 24c · Other expenses: BANK FEES

    total $501 · management and general $501

  • 24d · Other expenses: registration fees

    total $229 · management and general $229

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $233,527 · end of year $419,553

  • 2 · Savings and temporary cash investments

    end of year $10,916

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $16,429

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $64 · end of year $887

  • 25 · Other liabilities

    end of year $325

  • 31 · Retained earnings, endowment or other funds

    beginning of year $233,463 · end of year $445,686

Mission and programs · 2024

Mission

To develop, and maintain one of the most innovative above-ground city parks in the country to be known as HUB404 (the "Park") in Atlanta, Georgia ("City"). The nine acre Park will consist of a series of elevated walkways and bridges curving back and forth partially capping nearly half a mile of Georgia 400 state Highway, linking both sides of the city over the sunken thoroughfare, interspersed with greenspace, trees, and small recreation areas. Construction of HUB404 Atlanta GA could begin as early as 2022 and is estimated to last two years, depending on funding.

Activities or mission (Part I)

To develop and maintain one of the most innovative above-ground city parks in the country to be known as HUB404 (the "Park") in Atlanta, Georgia ("City").

  • During 2024, the organization continued to raise funds from commercial property contributions and from individual donations. Engineering for the initial phase of HUB404 continued with an expected construction initiation date in late 2027. Individual donors continued to be approached to fund this phase.

As filed on the 2024 return.

Listed in Part VII

  • Anthony Rodriguez

    Executive Dir.

    Total calculated
    $139,067
    From this org
    $132,917
    From related orgs
    $0
    Other
    $6,150
    Hours/week
    40
  • Court Thomas

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • Jim Durrett

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Kristen Adams

    Director

    Total calculated
    $0
    Hours/week
    0
  • David Allman

    Director

    Total calculated
    $0
    Hours/week
    0
  • Rodney Givens

    Director

    Total calculated
    $0
    Hours/week
    0
  • Jeff Goldworn

    Director

    Total calculated
    $0
    Hours/week
    0
  • Mike Guynn

    Director

    Total calculated
    $0
    Hours/week
    0
  • Christine Hagler

    Director

    Total calculated
    $0
    Hours/week
    0
  • Daphne B Jackson

    Director

    Total calculated
    $0
    Hours/week
    0
  • Ally Kelly

    Director

    Total calculated
    $0
    Hours/week
    0
  • Heather Lamb

    Director

    Total calculated
    $0
    Hours/week
    0
  • Araya Mesfin

    Director

    Total calculated
    $0
    Hours/week
    0
  • Alan Taetle

    Director

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503189349308510

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