Civic Intelligence

Cynosure Inc

990 • Fiscal year 2018 • EIN 03-6005859

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 14, 2018

Organization ProfileWWW.GBICVT.ORG
60 Main Street PO Box 786Burlington, VT 05402

(802) 862-5726

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.10x

Higher debt load relative to assets than 39% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.51x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

79th percentile

14%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$219,844

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 25.4% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

48th percentile

1.6%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

6.7%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$4,328,974

Up $66,964 (+1.6%) from 2017

Net Assets

Up

$3,883,440

Up $117,434 (+3.1%) from 2017

Liabilities

Down

$445,534

Down $50,470 (-10%) from 2017

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin79th percentile

Revenue

Up

$867,176

Up $54,403 (+6.7%) from 2017

Expenses

Up

$749,742

Up $26,462 (+3.7%) from 2017

Net Income

Up

$117,434

Up $27,941 (+31%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,312,741Liabilities 2011: $584,778Net Assets 2011: $4,727,9632011Assets 2012: $5,079,608Liabilities 2012: $450,800Net Assets 2012: $4,628,8082012Assets 2013: $6,060,761Liabilities 2013: $1,703,010Net Assets 2013: $4,357,7512013Assets 2014: $4,425,857Liabilities 2014: $438,838Net Assets 2014: $3,987,0192014Assets 2015: $4,372,499Liabilities 2015: $628,224Net Assets 2015: $3,744,2752015Assets 2016: $4,240,707Liabilities 2016: $564,194Net Assets 2016: $3,676,5132016Assets 2017: $4,262,010Liabilities 2017: $496,004Net Assets 2017: $3,766,0062017Assets 2018: $4,328,974Liabilities 2018: $445,534Net Assets 2018: $3,883,4402018Assets 2019: $4,474,108Liabilities 2019: $351,424Net Assets 2019: $4,122,6842019Assets 2020: $4,471,915Liabilities 2020: $135,846Net Assets 2020: $4,336,0692020Assets 2021: $5,080,705Liabilities 2021: $124,959Net Assets 2021: $4,955,7462021Assets 2022: $5,004,315Liabilities 2022: $136,226Net Assets 2022: $4,868,0892022Assets 2023: $5,234,982Liabilities 2023: $41,031Net Assets 2023: $5,193,9512023Assets 2024: $5,801,212Liabilities 2024: $76,484Net Assets 2024: $5,724,7282024Assets 2025: $6,022,409Liabilities 2025: $117,434Net Assets 2025: $5,904,9752025

Highlighted filing

2018

Assets$4,328,974
Liabilities$445,534
Net Assets$3,883,440
Open 2018 Filing

Operations Trend

Revenue Growth63rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $716,4042011Expenses 2012: $704,6202012Revenue 2013: $505,302Expenses 2013: $776,359Net Income 2013: -$271,0572013Revenue 2014: $512,887Expenses 2014: $883,619Net Income 2014: -$370,7322014Revenue 2015: $559,174Expenses 2015: $801,918Net Income 2015: -$242,7442015Revenue 2016: $656,669Expenses 2016: $724,431Net Income 2016: -$67,7622016Revenue 2017: $812,773Expenses 2017: $723,280Net Income 2017: $89,4932017Revenue 2018: $867,176Expenses 2018: $749,742Net Income 2018: $117,4342018Revenue 2019: $911,574Expenses 2019: $734,999Net Income 2019: $176,5752019Revenue 2020: $976,245Expenses 2020: $775,497Net Income 2020: $200,7482020Revenue 2021: $1,088,875Expenses 2021: $763,920Net Income 2021: $324,9552021Revenue 2022: $1,124,725Expenses 2022: $821,023Net Income 2022: $303,7022022Revenue 2023: $1,094,499Expenses 2023: $923,748Net Income 2023: $170,7512023Revenue 2024: $1,203,313Expenses 2024: $967,706Net Income 2024: $235,6072024Revenue 2025: $1,220,550Expenses 2025: $1,174,828Net Income 2025: $45,7222025

Highlighted filing

2018

Revenue$867,176
Expenses$749,742
Net Income$117,434
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$867,176
Mission and Program Overview

Mission

To unify and coordinate public and private efforts directed toward the attraction, encouragement, financing and development of private industry and commerce within the greater burlington area and other municipalities of chittenden county for the purpose of promoting, increasing and stabilizing opportunities for gainful employment, improvement of economic conditions and general welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,852,928$2,720,804▼ $132,124
Savings and Temporary Cash Investments$1,239,358$1,469,488▲ $230,130
Cash and Non-Interest-Bearing Accounts$69,162$61,513▼ $7,649
Intangible Assets$48,433$42,380▼ $6,053
Other Notes and Loans Receivable, Net$23,967$15,479▼ $8,488
Accounts Receivable$20,559$11,015▼ $9,544
Prepaid Expenses and Deferred Charges$7,603$8,295▲ $692
Total Assets$4,262,010$4,328,974▲ $66,964
Liabilities
Mortgage Notes Payable Secured by Investment Property$414,738$357,712▼ $57,026
Other Liabilities$39,635$39,635→ $0
Accounts Payable and Accrued Expenses$23,471$28,961▲ $5,490
Deferred Revenue$18,160$19,226▲ $1,066
Total Liabilities$496,004$445,534▼ $50,470
Net Assets / Fund Balance
Unrestricted Net Assets$3,766,006$3,883,440▲ $117,434
Total Net Assets Fund Balance$3,766,006$3,883,440▲ $117,434
Total Liabilities and Net Assets / Fund Balance$4,262,010$4,328,974▲ $66,964

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,181,242$4,131,121$6,312,363
Land$519,622-$519,622
Equipment$19,940$7,954$27,894
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Frank CioffiPresident, SPT$219,844$219,844

Board Members and Trustees

NameTitle
David BradburyChairperson
Frank CioffiPresident, Secretary
Lisa VentrissVice Chairpe
Brad AldrichDirector
CHRIS D'ELIADirector
Dan SmithDirector
Ethan BechtelDirector
Mary SprayregenDirector
Paul PlunkettDirector
Rich SmithDirector
Ernest a PomerleauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$855,027
Investment Income
$12,149
Other Revenue
$0
Change in Net Assets
$117,434

Audited Revenue Reconciliation

Revenue per Audited Statements
$867,176
Total Revenue per Audited Statements
$867,176
Total Revenue per Form 990
$867,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$519,200
Other Expenses$230,542
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$519,200
Depreciation Depletion---$146,569
Interest---$17,947
Fees for Services Accounting---$7,700
Fees for Services Legal---$3,800
Other Expenses---$3,395
Conferences and Meetings---$2,752
Advertising---$1,289
Fees for Services Other---$150
Office Expenses---$74
Travel---$13
Total Functional Expenses$0$0$0$749,742

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$749,742
Total Expenses per Audited Statements$749,742
Total Expenses per Form 990$749,742
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Burlington Industrial CorpBurlington, VT6General Support$506,000
Green Ribbons for the F-35--General Support$13,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Deposits$39,635
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The return preparer makes the final version of form 990 available to all members of the board by posting the tax return on a secure web protal that all members have access to with a username and password.”

Form 990, Page 6, Part VI, Line 12C

“Cynosure annually distributes a conflict of interest policy and throughout the year practices are closely monitored.”

Form 990, Page 6, Part VI, Line 15A

“The organization contracts with a related party for management services and contract amounts are approved by the board of directors each year.”

Form 990, Page 6, Part VI, Line 15B

“The organization contracts with a related party for management services and contract amounts are approved by the board of directors each year.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents available to the general public by providing copies upon request.”

Filing and Contact Details

Filer

Filer Name
Cynosure Inc
EIN
03-6005859
Phone
8028625726
Address
60 MAIN STREET PO BOX 786, BURLINGTON, VT 05402

Signing Officer

Name
Frank Cioffi
Title
President, Secretary
Phone
8028625726
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Cioffi
Formed
1955
Legal Domicile
Vt
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
11

Preparer

Firm
Davis & Hodgdon Associates Cpas Plc
Address
33 BLAIR PARK RD STE 201, WILLISTON, VT 05495
Preparer
Bret Hodgdon
Phone
8028781963
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To unify and coordinate public and private efforts directed toward the attraction, encouragement, financing and development of private industry and commerce within the greater burlington area and other municipalities of chittenden county for the purpose of promoting, increasing and stabilizing opportunities for gainful employment, improvement of economic conditions and general welfare.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Cynosure annually files and irs form 990, return of organization exempt from income tax, tax return in the u.s. Federal jurisdiction. Cynosure is no longer subject to u.s. Federal income tax examination by tax authorities for the years prior to june 30, 2015. In the normal course of business, cynosure is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the management of cynosure believes that there are no significant unrecognized tax liabilities at june 30, 2018 and 2017.”

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IRS990/PrincipalOfficerNm0FRANK CIOFFI
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IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0855027
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0855027
IRS990/ProgSrvcAccomActy2Grp/Desc0LEASING OF AFFORDABLE INDUSTRIAL DEVELOPMENT PROPERTY TO PROMOTE BUSINESS IN THE AREA.
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IRS990/PYGrantsAndSimilarPaidAmt0506000
IRS990/PYInvestmentIncomeAmt03540
IRS990/PYOtherExpensesAmt0217280
IRS990/PYProgramServiceRevenueAmt0809233
IRS990/PYRevenuesLessExpensesAmt089493
IRS990/PYTotalExpensesAmt0723280
IRS990/PYTotalRevenueAmt0812773
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IRS990/ReconcilationRevenueExpnssAmt0117434
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01469488
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02181242
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04131121
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06312363
IRS990ScheduleD/EquipmentGrp/BookValueAmt019940
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07954
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027894
IRS990ScheduleD/ExpensesSubtotalAmt0749742
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0519622
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0519622
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0867176
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CYNOSURE ANNUALLY FILES AND IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION. CYNOSURE IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR THE YEARS PRIOR TO JUNE 30, 2015. IN THE NORMAL COURSE OF BUSINESS, CYNOSURE IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE MANAGEMENT OF CYNOSURE BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT JUNE 30, 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt0749742
IRS990ScheduleD/TotalLiabilityAmt039635
IRS990ScheduleD/TotalRevenuePerForm990Amt0867176
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0867176
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0749742
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IRS990ScheduleI/RecipientTable/CashGrantAmt0506000
IRS990ScheduleI/RecipientTable/CashGrantAmt113200
IRS990ScheduleI/RecipientTable/IRCSectionDesc06
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0CONTRIBUTION
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GREATER BURLINGTON INDUSTRIAL CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREEN RIBBONS FOR THE F-35
IRS990ScheduleI/RecipientTable/RecipientEIN0030188746
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt060 MAIN STREET PO BOX 786
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BURLINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd005402
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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1BOOK
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IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0182440
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05473
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt031931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FRANK CIOFFI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0219844
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO UNIFY AND COORDINATE PUBLIC AND PRIVATE EFFORTS DIRECTED TOWARD THE ATTRACTION, ENCOURAGEMENT, FINANCING AND DEVELOPMENT OF PRIVATE INDUSTRY AND COMMERCE WITHIN THE GREATER BURLINGTON AREA AND OTHER MUNICIPALITIES OF CHITTENDEN COUNTY FOR THE PURPOSE OF PROMOTING, INCREASING AND STABILIZING OPPORTUNITIES FOR GAINFUL EMPLOYMENT, IMPROVEMENT OF ECONOMIC CONDITIONS AND GENERAL WELFARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN PREPARER MAKES THE FINAL VERSION OF FORM 990 AVAILABLE TO ALL MEMBERS OF THE BOARD BY POSTING THE TAX RETURN ON A SECURE WEB PROTAL THAT ALL MEMBERS HAVE ACCESS TO WITH A USERNAME AND PASSWORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CYNOSURE ANNUALLY DISTRIBUTES A CONFLICT OF INTEREST POLICY AND THROUGHOUT THE YEAR PRACTICES ARE CLOSELY MONITORED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CONTRACTS WITH A RELATED PARTY FOR MANAGEMENT SERVICES AND CONTRACT AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION CONTRACTS WITH A RELATED PARTY FOR MANAGEMENT SERVICES AND CONTRACT AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC BY PROVIDING COPIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREATER BURLINGTON INDUSTRIAL CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0GREATER BURLINGTON INDUSTRIAL CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0030188746
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 786
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0PO BOX 786
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BURLINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd005402
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0506000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GREATER BURLINGTON INDUSTRIAL CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0GREATER BURLINGTON INDUSTRIAL CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04262010
IRS990/TotalAssetsEOYAmt04328974
IRS990/TotalAssetsGrp/BOYAmt04262010
IRS990/TotalAssetsGrp/EOYAmt04328974
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0749742
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0496004
IRS990/TotalLiabilitiesEOYAmt0445534
IRS990/TotalLiabilitiesGrp/BOYAmt0496004
IRS990/TotalLiabilitiesGrp/EOYAmt0445534
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03766006
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03883440
IRS990/TotalOtherCompensationAmt037404
IRS990/TotalProgramServiceRevenueAmt0855027
IRS990/TotalRevenueGrp/ExclusionAmt012149
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0855027
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0867176
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04262010
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04328974
IRS990/TotReportableCompRltdOrgAmt0182440
IRS990/TravelGrp/TotalAmt013
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03766006
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03883440
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt060 MAIN STREET PO BOX 786
IRS990/USAddress/CityNm0BURLINGTON
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005402
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.GBICVT.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,328,974
Liabilities
$445,534
Net assets
$3,883,440
Revenue
$867,176
Expenses
$749,742
Net income
$117,434
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.02$0.12$5.90$1.22$1.17$0.05
2024Detailed filing. Detailed filing data is available for this year.$5.80$0.08$5.72$1.20$0.97$0.24
2023Detailed filing. Detailed filing data is available for this year.$5.23$0.04$5.19$1.09$0.92$0.17
2022Detailed filing. Detailed filing data is available for this year.$5.00$0.14$4.87$1.12$0.82$0.30
2021Detailed filing. Detailed filing data is available for this year.$5.08$0.12$4.96$1.09$0.76$0.32
2020Detailed filing. Detailed filing data is available for this year.$4.47$0.14$4.34$0.98$0.78$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.47$0.35$4.12$0.91$0.73$0.18
2018Detailed filing. Detailed filing data is available for this year.$4.33$0.45$3.88$0.87$0.75$0.12
2017Detailed filing. Detailed filing data is available for this year.$4.26$0.50$3.77$0.81$0.72$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.24$0.56$3.68$0.66$0.72$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.37$0.63$3.74$0.56$0.80$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.43$0.44$3.99$0.51$0.88$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$1.70$4.36$0.51$0.78$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$0.45$4.63$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.58$4.73$0.72