Civic Intelligence

Upper Valley Economic Council

990EZ • Fiscal year 2018 • EIN 01-0529561

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$13,862

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$441,003

Up $122,065 (+38%) from 2017

Net Assets

Up

$441,003

Up $122,065 (+38%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$165,530

Down $42,599 (-20%) from 2017

Expenses

Down

$43,465

Down $47,411 (-52%) from 2017

Net Income

Up

$122,065

Up $4,812 (+4.1%) from 2017

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

2018

Assets$441,003
Liabilities$0
Net Assets$441,003

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

2018

Revenue$165,530
Expenses$43,465
Net Income$122,065
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$165,530
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$39,030-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF PACKARDDirectorPT$13,862-$13,862
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
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Calculations Inc
Address
28 MAIN STREET, PATTEN, ME 04765
Preparer
Mellissa McAvoy Edwards
Phone
2075282306
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $758

Other Expenses.1002

Office Expenses $1024

Other Expenses.1005

Travel $743

Other Expenses.1009

Depreciation $2006

Other Expenses.1010

Amortization $824

Other Expenses.1012

Insurance $2504

Other Expenses.1

Food Bank $3560

Other Expenses.2

Dues/Subscriptions $487

Other Expenses.3

Miscellaneous $275

Other Expenses.5

Bank Fees $11

Other Assets.1002

Furniture and Fixtures - Beginning $53852 Furniture and Fixtures - Ending $51963

Other Assets.1003

Machinery and Equipment - Beginning $6414 Machinery and Equipment - Ending $6297

Other Assets.1009

Notes and Loans Receivable - Beginning $39044 Notes and Loans Receivable - Ending $39424

Other Assets.1012

Intangible Assets - Beginning $42245 Intangible Assets - Ending $41421

Raw XML Appendix183 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/OperateHospitalInd0false
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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.
IRS990EZ/PrintingPublicationsPostageAmt0167
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt078280
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IRS990ScheduleA/PublicSupportTotal170Amt0670350
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078280
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0670350
IRS990ScheduleA/TotalSupportAmt0685406
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $758
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $743
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $2006
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Amortization $824
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $2504
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Food Bank $3560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Dues/Subscriptions $487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Fees $11
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Furniture and Fixtures - Beginning $53852 Furniture and Fixtures - Ending $51963
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Machinery and Equipment - Beginning $6414 Machinery and Equipment - Ending $6297
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Notes and Loans Receivable - Beginning $39044 Notes and Loans Receivable - Ending $39424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Intangible Assets - Beginning $42245 Intangible Assets - Ending $41421
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER QUALEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
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/PreparerFirmEIN0010546894
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CALCULATIONS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PATTEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004765
ReturnHeader/PreparerPersonGrp/PhoneNum02075282306
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mellissa McAvoy Edwards
ReturnHeader/ReturnTs02019-11-19T12:54:52-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings