Civic Intelligence

Upper Valley Economic Council

990EZ • Fiscal year 2017 • EIN 01-0529561

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization Profilewww.uvec.org
36 School StreetSherman, ME 04776

(207) 365-7631

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$102,511

Down $99,174 (-49%) from 2016

Net Assets

Down

$198,781

Down $2,904 (-1.4%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses

Revenue

Down

$0

Down $115,046 (-100%) from 2016

Expenses

Down

$2,904

Down $78,842 (-96%) from 2016

Net Income

Down

-$2,904

Down $36,204 (-109%) from 2016

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 2017: $102,511Liabilities 2017: $0Net Assets 2017: $198,7812017Assets 2018: $441,003Liabilities 2018: $0Net Assets 2018: $441,0032018Assets 2019: $515,708Liabilities 2019: $0Net Assets 2019: $515,7082019

Highlighted filing

2017

Assets$102,511
Liabilities$0
Net Assets$198,781
Open 2017 Filing

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 2017: $0Expenses 2017: $2,904Net Income 2017: -$2,9042017Revenue 2018: $165,530Expenses 2018: $43,465Net Income 2018: $122,0652018Revenue 2019: $112,553Expenses 2019: $37,848Net Income 2019: $74,7052019

Highlighted filing

2017

Revenue$0
Expenses$2,904
Net Income-$2,904
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
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--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEN DELANODirector-$0--
LOIS EASHDirector-$0--
HAROLD LANEDirector-$0--
PETER QUALEYChairman-$0--
JOHN QUALEYTreasurer-$0--
ALVIN THERIAULTSecretary-$0--
JEFF PACKARDDirectorPT$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
2018-05-15
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.1009

“Depreciation $2080”

Other Expenses.1010

“Amortization $824”

Other Assets.1002

“Furniture and Fixtures - Beginning $55810 Furniture and Fixtures - Ending $53852”

Other Assets.1003

“Machinery and Equipment - Beginning $6536 Machinery and Equipment - Ending $6414”

Other Assets.1009

“Notes and Loans Receivable - Beginning $58087 Notes and Loans Receivable - Ending $0”

Other Assets.1012

“Intangible Assets - Beginning $43069 Intangible Assets - Ending $42245”

Raw XML Appendix151 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/BooksInCareOfDetail/USAddress/CityNm0SHERMAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004776
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEN DELANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LOIS EASH
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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/BOYAmt0163502
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0102511
IRS990EZ/OtherExpensesTotalAmt02904
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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Promote business in the upper Penobscot/lower Aroostook county region
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02904
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.uvec.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0112199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt078280
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0389852
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01957
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07796
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt0389852
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0112199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt078280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt074515
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0389852
IRS990ScheduleA/TotalSupportAmt0397648
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation $2080
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amortization $824
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Furniture and Fixtures - Beginning $55810 Furniture and Fixtures - Ending $53852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Machinery and Equipment - Beginning $6536 Machinery and Equipment - Ending $6414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Notes and Loans Receivable - Beginning $58087 Notes and Loans Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Intangible Assets - Beginning $43069 Intangible Assets - Ending $42245
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1010
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1003
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0PETER QUALEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPPER VALLEY ECONOMIC COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0010529561
ReturnHeader/Filer/PhoneNum02073657631
ReturnHeader/Filer/USAddress/AddressLine1Txt036 School Street
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004776
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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/ReturnTs02018-05-15T15:18:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$102,511
Liabilities
$0
Net assets
$198,781
Revenue
$0
Expenses
$2,904
Net income
-$2,904
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$5.16$0.00$5.16$1.13$0.38$0.75
2018Detailed filing. Detailed filing data is available for this year.$4.41$0.00$4.41$1.66$0.43$1.22
2017Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$2.08$0.91$1.17
2017Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.99$0.00$0.03$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$1.15$0.82$0.33
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$1.32$1.02$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.85$0.49$0.36
2013Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.75$0.56$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.83$1.02$0.51$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.32$0.52$0.57$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.35$0.28$0.08