Civic Intelligence

Upper Valley Economic Council

990EZ • Fiscal year 2016 • EIN 01-0529561

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 02, 2017

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

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

80th percentile

$12,769

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

72nd percentile

20%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$201,685

Up $33,296 (+20%) from 2015

Net Assets

Up

$201,685

Up $33,300 (+20%) from 2015

Liabilities

Down

$0

Down $4 (-100%) from 2015

Revenue

Down

$115,046

Down $17,381 (-13%) from 2015

Expenses

Down

$81,746

Down $20,230 (-20%) from 2015

Net Income

Up

$33,300

Up $2,849 (+9.4%) from 2015

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

2016

Assets$201,685
Liabilities$0
Net Assets$201,685

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

2016

Revenue$115,046
Expenses$81,746
Net Income$33,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 2, 2017
Return Version
2016v3.0
Gross Receipts
$115,046
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$21,114-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF PACKARDDirectorPT$12,769-$12,769
KEN DELANODirector-$0--
LOIS EASHDirector-$0--
HAROLD LANEDirector-$0--
PETER QUALEYChairman-$0--
JOHN QUALEYTreasurer-$0--
ALVIN THERIAULTSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Upper Valley Economic Council
EIN
01-0529561
Phone
2073657631
Address
36 School Street, SHERMAN, ME 04776

Signing Officer

Name
Peter Qualey
Title
Chairman
Signed
2017-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Calculations Inc
Address
PO Box 519, Patten, ME 04765
Preparer
Mellissa McAvoy Edwards
Phone
2075282306
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $468

Other Expenses.1002

Office Expenses $5365

Other Expenses.1005

Travel $779

Other Expenses.1009

Depreciation $1122

Other Expenses.1010

Amortization $564

Other Expenses.1012

Insurance $1739

Other Expenses.1

Food Bank $10546

Other Expenses.2

Training $5700

Other Expenses.3

Dues/Subscriptions $829

Other Expenses.5

Workshops $105

Other Expenses.6

Miscellaneous $61

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $55810

Other Assets.1003

Machinery and Equipment - Beginning $6662 Machinery and Equipment - Ending $6536

Other Assets.1009

Notes and Loans Receivable - Beginning $48044 Notes and Loans Receivable - Ending $58087

Other Assets.1012

Intangible Assets - Beginning $16149 Intangible Assets - Ending $43069

Total Liabilities.1

Rounding - Beginning $4 Rounding - Ending $0

Raw XML Appendix194 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JEFF PACKARD
IRS990EZ/BooksInCareOfDetail/PhoneNum02073657631
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 291
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHERMAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004776
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt097534
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038183
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0112199
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt033300
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt022094
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0168389
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0201685
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0115046
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02297
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0168385
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0201685
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0168385
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0201685
IRS990EZ/OccupancyRentUtltsAndMaintAmt01642
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt624.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt612769
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEN DELANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LOIS EASH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HAROLD LANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETER QUALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN QUALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ALVIN THERIAULT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JEFF PACKARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt070855
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0163502
IRS990EZ/OtherExpensesTotalAmt027278
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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.
IRS990EZ/PrintingPublicationsPostageAmt0472
IRS990EZ/ProgramServiceRevenueAmt0550
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Promote business in the upper Penobscot/lower Aroostook county region
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt021114
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt030260
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt081746
IRS990EZ/TotalProgramServiceExpensesAmt021114
IRS990EZ/TotalRevenueAmt0115046
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.uvec.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0112199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0124858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt078280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0491156
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01957
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0314
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08110
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98380
IRS990ScheduleA/PublicSupportPY170Pct00.98650
IRS990ScheduleA/PublicSupportTotal170Amt0491156
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0112199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0124858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt078280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074515
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0101304
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0491156
IRS990ScheduleA/TotalSupportAmt0499266
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $5365
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $779
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $1122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Amortization $564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $1739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Food Bank $10546
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Training $5700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues/Subscriptions $829
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Workshops $105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Miscellaneous $61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $55810
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Machinery and Equipment - Beginning $6662 Machinery and Equipment - Ending $6536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Notes and Loans Receivable - Beginning $48044 Notes and Loans Receivable - Ending $58087
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Intangible Assets - Beginning $16149 Intangible Assets - Ending $43069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Rounding - Beginning $4 Rounding - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER QUALEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPPER VALLEY ECONOMIC COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0010529561
ReturnHeader/Filer/PhoneNum02073657631
ReturnHeader/Filer/USAddress/AddressLine1Txt036 School Street
ReturnHeader/Filer/USAddress/CityNm0SHERMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004776
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Calculations Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 519
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Patten
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004765
ReturnHeader/PreparerPersonGrp/PhoneNum02075282306
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mellissa McAvoy Edwards
ReturnHeader/ReturnTs02017-08-14T14:21:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings