Liabilities / Assets
14th percentile
Higher debt load relative to assets than 14% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
14th percentile
Higher debt load relative to assets than 14% of similar nonprofits.
Liabilities / Revenue
18th percentile
Higher debt load relative to revenue than 18% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
46th percentile
Higher top officer pay than 46% of similar nonprofits.
Top officer pay equals 21.6% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Assets
Up$5,801,212
Up $566,230 (+11%) from 2023
Net Assets
Up$5,724,728
Up $530,777 (+10%) from 2023
Liabilities
Up$76,484
Up $35,453 (+86%) from 2023
Revenue
Up$1,203,313
Up $108,814 (+9.9%) from 2023
Expenses
Up$967,706
Up $43,958 (+4.8%) from 2023
Net Income
Up$235,607
Up $64,856 (+38%) from 2023
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $2,155,238 | $2,547,925 | ▲ $392,687 |
| Land, Buildings, and Equipment, Net | $2,136,190 | $2,368,819 | ▲ $232,629 |
| Savings and Temporary Cash Investments | $665,852 | $583,722 | ▼ $82,130 |
| Accounts Receivable | $232,213 | $196,274 | ▼ $35,939 |
| Cash and Non-Interest-Bearing Accounts | $16,469 | $51,577 | ▲ $35,108 |
| Prepaid Expenses and Deferred Charges | $10,899 | $15,161 | ▲ $4,262 |
| Intangible Assets | $12,109 | $6,055 | ▼ $6,054 |
| Total Assets | $5,234,982 | $5,801,212 | ▲ $566,230 |
| Other Assets Total | $6,012 | $31,679 | ▲ $25,667 |
| Liabilities | |||
| Other Liabilities | $30,647 | $56,314 | ▲ $25,667 |
| Accounts Payable and Accrued Expenses | $10,384 | $20,170 | ▲ $9,786 |
| Total Liabilities | $41,031 | $76,484 | ▲ $35,453 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,193,951 | $5,724,728 | ▲ $530,777 |
| Total Net Assets Fund Balance | $5,193,951 | $5,724,728 | ▲ $530,777 |
| Total Liabilities and Net Assets / Fund Balance | $5,234,982 | $5,801,212 | ▲ $566,230 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,801,070 | $4,703,819 | $6,504,889 |
| Land | $566,978 | - | $566,978 |
| Equipment | $771 | $7,006 | $7,777 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Frank Cioffi | President, S | PT | $260,395 | $260,395 |
| Name | Title |
|---|---|
| Dan Smith | Chairperson |
| Frank Cioffi | President, Secretary |
| Pam Mackenzie | Vice Chairpe |
| Brad Aldrich | Director |
| CHRIS D'ELIA | Director |
| David Bradbury | Director |
| Ethan Bechtel | Director |
| Peter Sylvester | Director |
| Rich Smith | Director |
| Ernest a Pomerleau | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $644,000 |
| Other Expenses | $323,706 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | - | - | - | $644,000 |
| Depreciation Depletion | - | - | - | $102,130 |
| Travel | - | - | - | $40,024 |
| Fees for Services Legal | - | - | - | $23,856 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $12,621 |
| Fees for Services Accounting | - | - | - | $10,550 |
| Advertising | - | - | - | $8,788 |
| Office Expenses | - | - | - | $3,800 |
| Other Expenses | - | - | - | $3,420 |
| All Other Expenses | - | - | - | $1,315 |
| Total Functional Expenses | $0 | $0 | $0 | $967,706 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $967,706 |
| Total Expenses per Audited Statements | $967,706 |
| Total Expenses per Form 990 | $967,706 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Greater Burlington Industrial Corp | Burlington, VT | 501c6 | General Support | $619,000 |
| Riverflow Community | North Ferrisburgh, VT | 501c3 | General Support | $10,000 |
| Vermont Community Foundation | Middlebury, VT | 501c3 | General Support | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Lease Obligation | $31,679 |
| Security Deposits | $24,635 |
“The final version of form 990 available to all members of the board by posting the tax return on a secure web portal that all members have access to with a username and password.”
“Cynosure annually distributes a conflict of interest policy and throughout the year practices are closely monitored.”
“The organization contracts with a related party for management services and contract amounts are approved by the board of directors each year.”
“The organization contracts with a related party for management services and contract amounts are approved by the board of directors each year.”
“The organization makes its governing documents available to the general public by providing copies upon request.”
“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.”
“Cynosure annually files irs form 990, return of the 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, 2021. 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, 2024 and 2023.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 10384 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 20170 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 232213 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 196274 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 8788 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1315 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | FRANK CIOFFI PRESIDENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8028625726 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 60 MAIN STREET PO BOX 786 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BURLINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05402 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 16469 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 51577 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 644000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 144555 |
| IRS990/CYOtherExpensesAmt | 0 | 323706 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1058758 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 235607 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 967706 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1203313 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 102130 |
| IRS990/Desc | 0 | FINANCING OF INDUSTRIAL DEVELOPMENT LOANS AND RECEIVABLES TO VARIOUS QUALIFIED BUSINESSES THROUGHOUT THE GREATER BURLINGTON, VT AREA. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10550 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 23856 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 12621 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 54600 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FRANK CIOFFI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PAM MACKENZIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ERNEST A POMERLEAU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BRAD ALDRICH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ETHAN BECHTEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID BRADBURY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHRIS D'ELIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RICH SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | PETER SYLVESTER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 205795 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT, S |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRPE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1955 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 18057 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 644000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 415022 |
| IRS990/GrossReceiptsAmt | 0 | 1600278 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 12109 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 6055 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 126498 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 126498 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2155238 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2547925 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4710825 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2136190 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2368819 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7079644 |
| IRS990/LegalDomicileStateCd | 0 | VT |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 396965 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5193951 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5724728 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 18057 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 18057 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 295170 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 5193951 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 5724728 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3800 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 6012 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 31679 |
| IRS990/OtherExpensesGrp/Desc | 0 | INVESTMENT PROPERTY OPS |
| IRS990/OtherExpensesGrp/Desc | 1 | CONSULTING SERVICES |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRIBUTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 88689 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 24253 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4260 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3420 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 30647 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 56314 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 10899 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 15161 |
| IRS990/PrincipalOfficerNm | 0 | FRANK CIOFFI |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531120 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1058758 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1058758 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | LEASING OF AFFORDABLE INDUSTRIAL DEVELOPMENT PROPERTY TO PROMOTE BUSINESS IN THE AREA. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 597000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 68201 |
| IRS990/PYOtherExpensesAmt | 0 | 326748 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1026298 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 170751 |
| IRS990/PYTotalExpensesAmt | 0 | 923748 |
| IRS990/PYTotalRevenueAmt | 0 | 1094499 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 235607 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 665852 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 583722 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1801070 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4703819 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6504889 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 771 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 7006 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 7777 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 967706 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 566978 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 566978 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -295170 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 31679 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 24635 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LEASE OBLIGATION |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -295170 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1203313 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | CYNOSURE ANNUALLY FILES IRS FORM 990, RETURN OF THE 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, 2021. 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, 2024 AND 2023. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2368819 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 967706 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 56314 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1203313 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 908143 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 967706 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 619000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 10000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501C6 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501C3 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | GENERAL SUPPORT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | GENERAL SUPPORT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | GENERAL SUPPORT |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | GREATER BURLINGTON INDUSTRIAL CORP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | VERMONT COMMUNITY FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | RIVERFLOW COMMUNITY |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 030188746 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 222712160 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 933757816 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 60 MAIN STREET PO BOX 786 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 3 COURT STREET |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 57 CEDAR LANE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | BURLINGTON |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | MIDDLEBURY |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | NORTH FERRISBURGH |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | VT |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | VT |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 05402 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 05753 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 05473 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | FMV |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 1 | FMV |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 2 | FMV |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 205795 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 20580 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 34020 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | FRANK CIOFFI |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT, SECRETARY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 260395 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FINAL VERSION OF FORM 990 AVAILABLE TO ALL MEMBERS OF THE BOARD BY POSTING THE TAX RETURN ON A SECURE WEB PORTAL THAT ALL MEMBERS HAVE ACCESS TO WITH A USERNAME AND PASSWORD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CYNOSURE ANNUALLY DISTRIBUTES A CONFLICT OF INTEREST POLICY AND THROUGHOUT THE YEAR PRACTICES ARE CLOSELY MONITORED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION CONTRACTS WITH A RELATED PARTY FOR MANAGEMENT SERVICES AND CONTRACT AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION CONTRACTS WITH A RELATED PARTY FOR MANAGEMENT SERVICES AND CONTRACT AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC BY PROVIDING COPIES UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | GREATER BURLINGTON INDUSTRIAL CORP |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt | 0 | GREATER BURLINGTON INDUSTRIAL CORP |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 030188746 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501C6 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | VT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | SUPPORT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | PO BOX 786 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt | 0 | PO BOX 786 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | BURLINGTON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 05402 |
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| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 619000 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | FAIR MARKET VALUE |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | GREATER BURLINGTON INDUSTRIAL CORP |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt | 0 | GREATER BURLINGTON INDUSTRIAL CORP |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | B |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 5234982 |
| IRS990/TotalAssetsEOYAmt | 0 | 5801212 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5234982 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5801212 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 967706 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 41031 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 76484 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 41031 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 76484 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 5193951 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 5724728 |
| IRS990/TotalOtherCompensationAmt | 0 | 54600 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1058758 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 144555 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1058758 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.