Source and Use of Funds
The following financial information covers the period from 2012 through 2019: Over $505,000 has been raised from more than 500 individual donors, corporations, and foundations to match dollars for government grants. An additional $190,000 has come from the proceeds of our annual events. The first section of the Trail was constructed in Saugatuck Township in 2016-17. It was funded using a $355,000 grant from the federal Congestion Mitigation and Air Quality Improvement Program (CMAQ).
Revenue:
Contributions $484,528
Event Proceeds $189,825
Misc. Income $29,971
Total Revenue $704,324
Expenses:
Fund Raising $14,884
Administrative $29,002
Applications & Study $39,390
Trail Development $523,939
Total Expenses $607,215
Funds for Future Segments $97,109
Revenue:
Contributions $484,528
Event Proceeds $189,825
Misc. Income $29,971
Total Revenue $704,324
Expenses:
Fund Raising $14,884
Administrative $29,002
Applications & Study $39,390
Trail Development $523,939
Total Expenses $607,215
Funds for Future Segments $97,109
