Civic Intelligence

Upper Valley Economic Council

990EZ • Fiscal year 2013 • EIN 01-0529561

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

36 School StreetSherman, ME 04776

(207) 365-7631

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.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

79th percentile

$13,570

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

17th percentile

-27%

Faster revenue growth than 17% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$101,448

Up $18,109 (+22%) from 2012

Net Assets

Up

$101,448

Up $18,109 (+22%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$74,521

Down $27,347 (-27%) from 2012

Expenses

Up

$56,412

Up $5,415 (+11%) from 2012

Net Income

Down

$18,109

Down $32,762 (-64%) from 2012

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $37,388Liabilities 2010: $1Net Assets 2010: $37,3872010Assets 2011: $32,468Net Assets 2011: $32,4682011Assets 2012: $83,339Net Assets 2012: $83,3392012Assets 2013: $101,448Liabilities 2013: $0Net Assets 2013: $101,4482013Assets 2014: $137,934Liabilities 2014: $0Net Assets 2014: $137,9342014Assets 2015: $168,389Liabilities 2015: $4Net Assets 2015: $168,3852015Assets 2016: $201,685Liabilities 2016: $0Net Assets 2016: $201,6852016Assets 2017: $318,938Liabilities 2017: $0Net Assets 2017: $318,9382017Assets 2018: $441,003Liabilities 2018: $0Net Assets 2018: $441,0032018Assets 2019: $515,708Liabilities 2019: $0Net Assets 2019: $515,7082019

Highlighted filing

2013

Assets$101,448
Liabilities$0
Net Assets$101,448

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $35,451Expenses 2010: $27,809Net Income 2010: $7,6422010Revenue 2011: $52,435Expenses 2011: $57,354Net Income 2011: -$4,9192011Revenue 2012: $101,868Expenses 2012: $50,997Net Income 2012: $50,8712012Revenue 2013: $74,521Expenses 2013: $56,412Net Income 2013: $18,1092013Revenue 2014: $85,332Expenses 2014: $48,846Net Income 2014: $36,4862014Revenue 2015: $132,427Expenses 2015: $101,976Net Income 2015: $30,4512015Revenue 2016: $115,046Expenses 2016: $81,746Net Income 2016: $33,3002016Revenue 2017: $208,129Expenses 2017: $90,876Net Income 2017: $117,2532017Revenue 2018: $165,530Expenses 2018: $43,465Net Income 2018: $122,0652018Revenue 2019: $112,553Expenses 2019: $37,848Net Income 2019: $74,7052019

Highlighted filing

2013

Revenue$74,521
Expenses$56,412
Net Income$18,109
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v3.1
Gross Receipts
$74,521
Mission and Program Overview

Mission

The Upper Valley Economic Council (UVEC) is an organization of community and business leaders in Sherman and Stacyville. We are here to provide start-up, expansion and relocation assistance to the business community and to assist of the Municipalities of Stacyville & Sherman with funding resources for their Communities and Organizations.

Program Services

DescriptionGrantsExpenses
Promote business in the upper Penobscot/lower Aroostook county region$36,671$1,333
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF PACKARDDirectorPT$13,570-$13,570
KEN DELANODirector-$0--
LOIS EASHDirector-$0--
HAROLD LANEDirector-$0--
PETER QUALEYChairman-$0--
JOHN QUALEYTreasurer-$0--
ALVIN THERIAULTSecretary-$0--
Filing and Contact Details

Filer

EIN
01-0529561
Phone
2073657631

Signing Officer

Name
Peter Qualey
Title
Chairman
Signed
2014-05-13
Discuss with paid preparer
Yes

Preparer

Preparer
Mellissa McAvoy Edwards CPA
Phone
2075282306
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1012

Other Expenses.1002

Office Expenses $6362

Other Expenses.1003

Information Technology $45

Other Expenses.1005

Travel $649

Other Expenses.1009

Depreciation $56

Other Expenses.1012

Insurance $1498

Other Expenses.2

Food Bank $1675

Other Expenses.3

Licenses/Permits $420

Other Expenses.5

Dues/Subscriptions $312

Other Expenses.6

Food Bank Fees $271

Other Expenses.7

Fees $140

Other Expenses.8

Bank Fees $20

Other Assets.1003

Machinery and Equipment - Beginning $4003 Machinery and Equipment - Ending $5446

Other Assets.1009

Notes and Loans Receivable - Beginning $31467 Notes and Loans Receivable - Ending $34815

Other Assets.1

Rounging - Beginning $2 Rounging - Ending $3

Raw XML Appendix193 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Upper Valley Economic Council (UVEC) is an organization of community and business leaders in Sherman and Stacyville. We are here to provide start-up, expansion and relocation assistance to the business community and to assist of the Municipalities of Stacyville & Sherman with funding resources for their Communities and Organizations.
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0292258
IRS990ScheduleA/TotalSupportAmt0292848
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1012
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $6362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $56
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $1498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Food Bank $1675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Licenses/Permits $420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues/Subscriptions $312
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Food Bank Fees $271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Fees $140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank Fees $20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Machinery and Equipment - Beginning $4003 Machinery and Equipment - Ending $5446
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Notes and Loans Receivable - Beginning $31467 Notes and Loans Receivable - Ending $34815
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Rounging - Beginning $2 Rounging - Ending $3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER QUALEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10UPPER VALLEY ECONOMIC COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0010529561
ReturnHeader/Filer/PhoneNum02073657631
ReturnHeader/Filer/USAddress/AddressLine1036 School Street
ReturnHeader/Filer/USAddress/City0SHERMAN
ReturnHeader/Filer/USAddress/State0ME
ReturnHeader/Filer/USAddress/ZIPCode004776
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode004765
ReturnHeader/PreparerPersonGrp/PhoneNum02075282306
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mellissa McAvoy Edwards CPA
ReturnHeader/ReturnTs02014-05-13T13:13:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings