Civic Intelligence

Springfield Business Improvement District Inc

990 • Fiscal year 2016 • EIN 04-3428312

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 11, 2017

Organization ProfileSPRINGFIELDDOWNTOWN.COM
254 Worthington Street No 15Springfield, MA 01103

(413) 781-1591

Siviq Scores

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

Liabilities / Assets

35th percentile

0.09x

Higher debt load relative to assets than 35% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

32nd percentile

0.08x

Higher debt load relative to revenue than 32% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

97th percentile

44%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

98th percentile

127%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

65%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$1,310,455

Up $733,688 (+127%) from 2015

Net Assets

Up

$1,191,892

Up $679,432 (+133%) from 2015

Liabilities

Up

$118,563

Up $54,256 (+84%) from 2015

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin97th percentile

Revenue

Up

$1,558,820

Up $615,405 (+65%) from 2015

Expenses

Up

$879,388

Up $11,644 (+1.3%) from 2015

Net Income

Up

$679,432

Up $603,761 (+798%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $960,973Liabilities 2010: $114,180Net Assets 2010: $846,7932010Assets 2011: $664,583Liabilities 2011: $106,631Net Assets 2011: $557,9522011Assets 2012: $428,397Liabilities 2012: $73,192Net Assets 2012: $355,2052012Assets 2013: $481,376Liabilities 2013: $54,587Net Assets 2013: $426,7892013Assets 2014: $477,497Liabilities 2014: $40,708Net Assets 2014: $436,7892014Assets 2015: $576,767Liabilities 2015: $64,307Net Assets 2015: $512,4602015Assets 2016: $1,310,455Liabilities 2016: $118,563Net Assets 2016: $1,191,8922016Assets 2017: $1,320,857Liabilities 2017: $83,046Net Assets 2017: $1,237,8112017Assets 2018: $1,603,586Liabilities 2018: $186,442Net Assets 2018: $1,417,1442018Assets 2019: $1,684,840Liabilities 2019: $125,739Net Assets 2019: $1,559,1012019Assets 2020: $2,324,383Liabilities 2020: $139,709Net Assets 2020: $2,184,6742020Assets 2021: $2,328,496Liabilities 2021: $135,623Net Assets 2021: $2,192,8732021Assets 2022: $2,233,005Liabilities 2022: $196,897Net Assets 2022: $2,036,1082022Assets 2023: $2,032,775Liabilities 2023: $137,242Net Assets 2023: $1,895,5332023Assets 2024: $2,295,143Liabilities 2024: $146,218Net Assets 2024: $2,148,9252024

Highlighted filing

2016

Assets$1,310,455
Liabilities$118,563
Net Assets$1,191,892
Open 2016 Filing

Operations Trend

Revenue Growth96th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,052,9692010Revenue 2011: $923,982Expenses 2011: $1,212,823Net Income 2011: -$288,8412011Expenses 2012: $951,7082012Revenue 2013: $851,111Expenses 2013: $779,527Net Income 2013: $71,5842013Revenue 2014: $904,135Expenses 2014: $894,135Net Income 2014: $10,0002014Revenue 2015: $943,415Expenses 2015: $867,744Net Income 2015: $75,6712015Revenue 2016: $1,558,820Expenses 2016: $879,388Net Income 2016: $679,4322016Revenue 2017: $1,025,200Expenses 2017: $979,281Net Income 2017: $45,9192017Revenue 2018: $1,296,305Expenses 2018: $1,116,972Net Income 2018: $179,3332018Revenue 2019: $1,467,730Expenses 2019: $1,325,773Net Income 2019: $141,9572019Revenue 2020: $1,494,666Expenses 2020: $1,511,733Net Income 2020: -$17,0672020Revenue 2021: $1,395,180Expenses 2021: $1,310,690Net Income 2021: $84,4902021Revenue 2022: $1,356,557Expenses 2022: $1,513,322Net Income 2022: -$156,7652022Revenue 2023: $1,312,836Expenses 2023: $1,376,687Net Income 2023: -$63,8512023Revenue 2024: $1,360,533Expenses 2024: $1,090,121Net Income 2024: $270,4122024

Highlighted filing

2016

Revenue$1,558,820
Expenses$879,388
Net Income$679,432
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 11, 2017
Return Version
2015v3.0
Gross Receipts
$1,559,031
Mission and Program Overview

Mission

To promote the development of business and economic activity within the business improvement district in springfield, massachusetts.

Promotes the development of business and economic activity within the business improvement district in springfield massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related-$500,000-
Accounts Receivable$337,654$378,891▲ $41,237
Savings and Temporary Cash Investments$107,096$354,186▲ $247,090
Land, Buildings, and Equipment, Net$81,351$53,275▼ $28,076
Prepaid Expenses and Deferred Charges$50,159$23,613▼ $26,546
Inventories for Sale or Use$490$490→ $0
Cash and Non-Interest-Bearing Accounts$17--
Total Assets$576,767$1,310,455▲ $733,688
Liabilities
Accounts Payable and Accrued Expenses$21,516$66,338▲ $44,822
Deferred Revenue$42,791$52,225▲ $9,434
Total Liabilities$64,307$118,563▲ $54,256
Net Assets / Fund Balance
Unrestricted Net Assets$512,460$1,191,892▲ $679,432
Total Net Assets Fund Balance$512,460$1,191,892▲ $679,432
Total Liabilities and Net Assets / Fund Balance$576,767$1,310,455▲ $733,688

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,275$340,213$393,488
Investment Program Related Org$500,000--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Paul LessardChair
Keith WepplerVice Chair
Brian ConnorsDirector
Evan PlotkinDirector
Francis Cataldo JrDirector
Fred ChristensenDirector
Jeffrey FialkyDirector
Nicholas Fyntrilakis Until March 20Director
Paul PicknellyDirector
Christopher RussellExecutive Director
Hamilton Doherty JrClerk
Frank CrinellaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Economic Development Council Of WesternAdministrative Services1441 MAIN STREET, Springfield, MA 01103$270,803
Good Diggin LLCContracted Maintenance Services135 LANGEVIN STREET, Chicopee, MA 01020$172,561
Revenue and Support

Revenue Composition

Contributions and Grants
$570,000
Program Service Revenue
$979,894
Investment Income
$7,386
Other Revenue
$1,540
All Other Contributions
$500,000
Change in Net Assets
$679,432

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,558,820
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,558,820
Total Revenue per Form 990
$1,558,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$879,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$120,420
Depreciation Depletion---$28,997
All Other Expenses---$18,396
Fees for Services Legal---$17,862
Occupancy---$17,640
Fees for Services Accounting---$17,446
Office Expenses---$8,275
Insurance---$7,623
Fees for Services Other---$6,098
Conferences and Meetings---$5,934
Total Functional Expenses$0$0$0$879,388

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$879,388
Total Expenses per Audited Statements$879,388
Total Expenses per Form 990$879,388
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 6

“Members of the organization consist of commercial real estate owners within the geographic area of the springfield business improvement district.”

Form 990, Part VI, Section A, Line 7A

“Members of the organization elect the board of directors at their annual meeting.”

Form 990, Part VI, Section B, Line 11

“The finance committee members of the board review the 990 in draft form before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest forms are completed annually.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Springfield Business Improvement
EIN
04-3428312
Phone
4137811591
Address
254 WORTHINGTON STREET NO 15, SPRINGFIELD, MA 01103

Signing Officer

Name
Paul Lessard
Title
Chair
Phone
4137811591
Signed
2017-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Lessard
Formed
1998
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Downey Sweeney Fitzgerald & Co Pc
Address
504 COTTAGE STREET, SPRINGFIELD, MA 01104-3219
Preparer
Keith H Purcell CPA
Phone
4137342163
Raw XML AppendixShowing 400 of 405 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021516
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt066338
IRS990/AccountsReceivableGrp/BOYAmt0337654
IRS990/AccountsReceivableGrp/EOYAmt0378891
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTES THE DEVELOPMENT OF BUSINESS AND ECONOMIC ACTIVITY WITHIN THE BUSINESS IMPROVEMENT DISTRICT IN SPRINGFIELD MASSACHUSETTS.
IRS990/AllOtherContributionsAmt0500000
IRS990/AllOtherExpensesGrp/TotalAmt018396
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTOPHER RUSSELL
IRS990/BooksInCareOfDetail/PhoneNum04137811591
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0254 WORTHINGTON STREET SUITE 15
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt017
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt05934
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0270803
IRS990/ContractorCompensationGrp/CompensationAmt1172561
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01441 MAIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1135 LANGEVIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SPRINGFIELD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHICOPEE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001103
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd101020
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT COUNCIL OF WESTERN
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1GOOD DIGGIN LLC
IRS990/ContractorCompensationGrp/ServicesDesc0ADMINISTRATIVE SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1CONTRACTED MAINTENANCE SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0570000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07386
IRS990/CYOtherExpensesAmt0879388
IRS990/CYOtherRevenueAmt01540
IRS990/CYProgramServiceRevenueAmt0979894
IRS990/CYRevenuesLessExpensesAmt0679432
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0879388
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01558820
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt042791
IRS990/DeferredRevenueGrp/EOYAmt052225
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt028997
IRS990/Desc0PROMOTED THE DEVELOPMENT OF BUSINESS AND ECONOMIC ACTIVITY WITHIN THE BUSINESS IMPROVEMENT DISTRICT IN SPRINGFIELD MASSACHUSETTS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt017446
IRS990/FeesForServicesLegalGrp/TotalAmt017862
IRS990/FeesForServicesOtherGrp/TotalAmt06098
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL LESSARD
IRS990/Form990PartVIISectionAGrp/PersonNm1KEITH WEPPLER
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK CRINELLA
IRS990/Form990PartVIISectionAGrp/PersonNm3EVAN PLOTKIN
IRS990/Form990PartVIISectionAGrp/PersonNm4FRED CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm5FRANCIS CATALDO JR
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL PICKNELLY
IRS990/Form990PartVIISectionAGrp/PersonNm7NICHOLAS FYNTRILAKIS UNTIL MARCH 20
IRS990/Form990PartVIISectionAGrp/PersonNm8JEFFREY FIALKY
IRS990/Form990PartVIISectionAGrp/PersonNm9BRIAN CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm10HAMILTON DOHERTY JR
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRISTOPHER RUSSELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-211
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt070000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01559031
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt07623
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0490
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0490
IRS990/InvestmentIncomeGrp/ExclusionAmt07597
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07597
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0500000
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0340213
IRS990/LandBldgEquipBasisNetGrp/BOYAmt081351
IRS990/LandBldgEquipBasisNetGrp/EOYAmt053275
IRS990/LandBldgEquipCostOrOtherBssAmt0393488
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0211
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE DEVELOPMENT OF BUSINESS AND ECONOMIC ACTIVITY WITHIN THE BUSINESS IMPROVEMENT DISRTICT IN SPRINGFIELD MASSACHUSETTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0512460
IRS990/NetAssetsOrFundBalancesEOYAmt01191892
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-211
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-211
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt017640
IRS990/OfficeExpensesGrp/TotalAmt08275
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MARKETING
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE PERSONNE
IRS990/OtherExpensesGrp/Desc3SPECIAL PROJECTS
IRS990/OtherExpensesGrp/TotalAmt0257669
IRS990/OtherExpensesGrp/TotalAmt1186699
IRS990/OtherExpensesGrp/TotalAmt2186329
IRS990/OtherExpensesGrp/TotalAmt3120420
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01540
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01540
IRS990/OtherRevenueTotalAmt01540
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050159
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023613
IRS990/PrincipalOfficerNm0PAUL LESSARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2711300
IRS990/ProgramServiceRevenueGrp/BusinessCd3561499
IRS990/ProgramServiceRevenueGrp/Desc0BID FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL PROJECTS
IRS990/ProgramServiceRevenueGrp/Desc2EVENTS INCOME
IRS990/ProgramServiceRevenueGrp/Desc3SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0848100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt166449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt259195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0848100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt166449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt259195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36150
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt070000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06557
IRS990/PYOtherExpensesAmt0867744
IRS990/PYOtherRevenueAmt03664
IRS990/PYProgramServiceRevenueAmt0863194
IRS990/PYRevenuesLessExpensesAmt075671
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0867744
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0943415
IRS990/ReconcilationRevenueExpnssAmt0679432
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107096
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0354186
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt053275
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0340213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0393488
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0879388
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0500000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN SPRINGFIELD HOCKEY LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01558820
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053275
IRS990ScheduleD/TotalBookValueProgramRltdAmt0500000
IRS990ScheduleD/TotalExpensesPerForm990Amt0879388
IRS990ScheduleD/TotalRevenuePerForm990Amt01558820
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01558820
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0879388
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE ORGANIZATION CONSIST OF COMMERCIAL REAL ESTATE OWNERS WITHIN THE GEOGRAPHIC AREA OF THE SPRINGFIELD BUSINESS IMPROVEMENT DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE MEMBERS OF THE BOARD REVIEW THE 990 IN DRAFT FORM BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST FORMS ARE COMPLETED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0576767
IRS990/TotalAssetsEOYAmt01310455
IRS990/TotalAssetsGrp/BOYAmt0576767
IRS990/TotalAssetsGrp/EOYAmt01310455
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0570000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0879388
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt064307
IRS990/TotalLiabilitiesEOYAmt0118563
IRS990/TotalLiabilitiesGrp/BOYAmt064307
IRS990/TotalLiabilitiesGrp/EOYAmt0118563
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0512460
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01191892
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0979894
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07386
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0981434
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01558820
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0576767
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01310455
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0512460
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01191892
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0254 WORTHINGTON STREET NO 15
IRS990/USAddress/CityNm0SPRINGFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001103
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0SPRINGFIELDDOWNTOWN.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL LESSARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04137811591
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRINGFIELD BUSINESS IMPROVEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DISTRICT INC
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0043428312
ReturnHeader/Filer/PhoneNum04137811591
ReturnHeader/Filer/USAddress/AddressLine1Txt0254 WORTHINGTON STREET NO 15
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042544008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOWNEY SWEENEY FITZGERALD & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0504 COTTAGE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0011043219
ReturnHeader/PreparerPersonGrp/PhoneNum04137342163
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH H PURCELL CPA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,310,455
Liabilities
$118,563
Net assets
$1,191,892
Revenue
$1,558,820
Expenses
$879,388
Net income
$679,432
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.15$2.15$1.36$1.09$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.03$0.14$1.90$1.31$1.38$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.20$2.04$1.36$1.51$0.16
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.33$0.14$2.19$1.40$1.31$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.14$2.18$1.49$1.51$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.13$1.56$1.47$1.33$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.19$1.42$1.30$1.12$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.08$1.24$1.03$0.98$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.12$1.19$1.56$0.88$0.68
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.06$0.51$0.94$0.87$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.04$0.44$0.90$0.89$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.05$0.43$0.85$0.78$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.07$0.36$0.95
2011Summary only. Only limited summary data is available for this year.$0.66$0.11$0.56$0.92$1.21$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.11$0.85$1.05