Civic Intelligence

Central Islip CIVIC Council Inc.

990 • Fiscal year 2017 • EIN 11-2739993

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 16, 2017

68 Wheeler RoadCentral Islip, NY 11722

(631) 348-0669

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.64x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

1.76x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Net Margin

73rd percentile

7.7%

Higher net margin than 73% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$38,090

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Asset Growth

67th percentile

0.6%

Faster asset growth than 67% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

25%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,503,917

Up $8,685 (+0.6%) from 2016

Net Assets

Up

$546,630

Up $41,630 (+8.2%) from 2016

Liabilities

Down

$957,287

Down $32,945 (-3.3%) from 2016

Revenue

Up

$542,387

Up $108,052 (+25%) from 2016

Expenses

Down

$500,757

Down $11,794 (-2.3%) from 2016

Net Income

Up

$41,630

Up $119,846 (+153%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,674,810Liabilities 2011: $1,176,173Net Assets 2011: $498,6372011Assets 2012: $1,660,303Liabilities 2012: $1,104,098Net Assets 2012: $556,2052012Assets 2013: $1,662,657Liabilities 2013: $1,106,423Net Assets 2013: $556,2342013Assets 2014: $1,624,480Liabilities 2014: $1,072,986Net Assets 2014: $551,4942014Assets 2015: $1,590,333Liabilities 2015: $1,007,117Net Assets 2015: $583,2162015Assets 2016: $1,495,232Liabilities 2016: $990,232Net Assets 2016: $505,0002016Assets 2017: $1,503,917Liabilities 2017: $957,287Net Assets 2017: $546,6302017Assets 2018: $1,292,211Liabilities 2018: $905,873Net Assets 2018: $386,3382018Assets 2019: $1,298,259Liabilities 2019: $900,024Net Assets 2019: $398,2352019Assets 2020: $1,276,564Liabilities 2020: $900,282Net Assets 2020: $376,2822020Assets 2021: $1,247,988Liabilities 2021: $882,620Net Assets 2021: $365,3682021Assets 2022: $1,177,851Liabilities 2022: $839,452Net Assets 2022: $338,3992022Assets 2023: $1,230,078Liabilities 2023: $822,628Net Assets 2023: $407,4502023Assets 2024: $1,254,840Liabilities 2024: $790,222Net Assets 2024: $464,6182024

Highlighted filing

2017

Assets$1,503,917
Liabilities$957,287
Net Assets$546,630

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $598,185Expenses 2011: $643,615Net Income 2011: -$45,4302011Revenue 2012: $615,303Expenses 2012: $595,209Net Income 2012: $20,0942012Revenue 2013: $647,190Expenses 2013: $647,161Net Income 2013: $292013Revenue 2014: $660,483Expenses 2014: $665,223Net Income 2014: -$4,7402014Revenue 2015: $537,309Expenses 2015: $505,587Net Income 2015: $31,7222015Revenue 2016: $434,335Expenses 2016: $512,551Net Income 2016: -$78,2162016Revenue 2017: $542,387Expenses 2017: $500,757Net Income 2017: $41,6302017Revenue 2018: $356,097Expenses 2018: $516,389Net Income 2018: -$160,2922018Revenue 2019: $670,831Expenses 2019: $658,934Net Income 2019: $11,8972019Revenue 2020: $470,316Expenses 2020: $492,269Net Income 2020: -$21,9532020Revenue 2021: $520,634Expenses 2021: $531,548Net Income 2021: -$10,9142021Revenue 2022: $531,496Expenses 2022: $558,465Net Income 2022: -$26,9692022Revenue 2023: $641,229Expenses 2023: $572,178Net Income 2023: $69,0512023Revenue 2024: $666,544Expenses 2024: $609,376Net Income 2024: $57,1682024

Highlighted filing

2017

Revenue$542,387
Expenses$500,757
Net Income$41,630
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 16, 2017
Return Version
2016v3.0
Gross Receipts
$565,931
Mission and Program Overview

Mission

The central islip civic council is a non-profit, community based agency dedicated to improving the quality of life for all residents of central islip. The cicc maintains the historic heines homestead buildings and grounds where we offer "a step back in time" academic schoolhouse program, educational workshops and affordable housing for families and seniors. We have an emergency food pantry for our central islip residents with summer vegetables provided by our very own garden. We also sponsor free recreational activities, and cultural and holiday events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,159,087$1,079,052▼ $80,035
Accounts Receivable$47,250$29,062▼ $18,188
Loans From Officers Directors-$27,909-
Cash and Non-Interest-Bearing Accounts$42,813$19,403▼ $23,410
Savings and Temporary Cash Investments$5,540$14,606▲ $9,066
Prepaid Expenses and Deferred Charges$12,077$3,137▼ $8,940
Total Assets$1,495,232$1,503,917▲ $8,685
Other Assets Total$228,465$358,657▲ $130,192
Liabilities
Mortgage Notes Payable Secured by Investment Property$955,383$893,706▼ $61,677
Accounts Payable and Accrued Expenses$21,849$25,672▲ $3,823
Deferred Revenue$13,000$10,000▼ $3,000
Total Liabilities$990,232$957,287▼ $32,945
Net Assets / Fund Balance
Unrestricted Net Assets$405,000$446,630▲ $41,630
Temporarily Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$505,000$546,630▲ $41,630
Total Liabilities and Net Assets / Fund Balance$1,495,232$1,503,917▲ $8,685

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$543,819$566,575$1,110,394
Land$458,170-$458,170
Leasehold Improvements$71,315$142,150$213,465
Equipment$5,113$12,893$18,006
Other Land Buildings$635$14,061$14,696
Other Assets Org$265,712--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joan CrescitelliFinance DirectorPT$37,840$250$38,090
Velene GallagherExecutive DirectorPT$36,449$1,300$37,749

Board Members and Trustees

NameTitle
Josephine WalshPresident
Bill Dungee1st Vice President
Nancy Vargas Johnson2nd Vice President
Amaury HernandezBoard Member
Carol MeyeresBoard Member
Magali RomanBoard Member
Renee JohnsonBoard Member
Annette BernardSecretary
Suzanne RaphaelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$271,234
Program Service Revenue
$268,273
Investment Income
$25
Other Revenue
$2,855
All Other Contributions
$1,903
Change in Net Assets
$41,630

Audited Revenue Reconciliation

Revenue per Audited Statements
$542,387
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$542,387
Total Revenue per Form 990
$542,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$267,309
Salaries, Compensation, and Employee Benefits$233,448
Total Fundraising Expense$12,199
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,792$3,891$3,267$99,950
Current Officers, Directors, Trustees, and Key Employees$70,798$14,975$6,793$92,566
Interest$57,447$1,509-$58,956
Depreciation Depletion$47,379$6,329-$53,708
Payroll Taxes$34,782$4,011$2,139$40,932
Occupancy$27,199$87-$27,286
Fees for Services Other-$21,847-$21,847
Insurance$11,008$7,480-$18,488
Fees for Services Legal$16,237--$16,237
All Other Expenses$6,766$709-$7,475
Travel$6,627$154-$6,781
Office Expenses$2,673$1,376-$4,049
Other Expenses$2,275$985-$2,275
Total Functional Expenses$410,686$77,872$12,199$500,757

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$500,757
Total Expenses per Audited Statements$500,757
Total Expenses per Form 990$500,757
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,544
Fundraising Gross Income$23,544
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$58,465$23,544$4,993$18,551
Total Events$58,465$23,544$23,544$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$27,909-
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 B, Line 11B

The board receives the 990 for review and comment before filing.

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

Board members are required to sign a conflict of interest statement on an annual basis.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, 990, conflict of interest policy and financial statements available to the public upon request at its administrative offices during regular business hours. In addition, the 990 is available at www. Guidestar.org.

Filing and Contact Details

Filer

Filer Name
Central Islip Civic Council
EIN
11-2739993
Phone
6313480669
Address
68 WHEELER ROAD, CENTRAL ISLIP, NY 11722

Signing Officer

Name
Velene Gallagher
Title
Executive Director
Phone
6313480669
Signed
2017-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Velene Gallagher
Formed
1966
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
30

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Matthew Burke
Phone
6315821600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Cicc is exempt from federal income tax under section 501(c)(3) of the internal revenue code and is publicly supported as described in section 509(a). Cicc has adopted the recognition requirements for uncertain tax positions as required by accounting principles generally accepted in the united states of america, with no cumulative effect adjustment required. Tax benefits are recognized for tax positions taken or expected to be taken in a tax and information return only when it is determined that the tax position will more-likely-than-not be sustained upon examination by taxing authorities. Cicc analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. Cicc believes that tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on cicc's financial condition, results of operations, or cash flows. Accordingly, cicc has not recorded any reserves, or related accruals for interest and penalties, for uncertain tax positions at june 30, 2016 and 2017. Tax returns for the years ended june 30, 2014, 2015, 2016, and 2017 are open for examination by federal, state, and local authorities. Cicc's management has registered in all states in which it believes it is required to be.

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IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE PRESIDENT
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IRS990/MissionDesc0THE CENTRAL ISLIP CIVIC COUNCIL IS A NON-PROFIT, COMMUNITY BASED AGENCY DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR ALL RESIDENTS OF CENTRAL ISLIP. THE CICC MAINTAINS THE HISTORIC HEINES HOMESTEAD BUILDINGS AND GROUNDS WHERE WE OFFER "A STEP BACK IN TIME" ACADEMIC SCHOOLHOUSE PROGRAM, EDUCATIONAL WORKSHOPS AND AFFORDABLE HOUSING FOR FAMILIES AND SENIORS. WE HAVE AN EMERGENCY FOOD PANTRY FOR OUR CENTRAL ISLIP RESIDENTS WITH SUMMER VEGETABLES PROVIDED BY OUR VERY OWN GARDEN. WE ALSO SPONSOR FREE RECREATIONAL ACTIVITIES, AND CULTURAL AND HOLIDAY EVENTS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CICC IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS PUBLICLY SUPPORTED AS DESCRIBED IN SECTION 509(A). CICC HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. TAX BENEFITS ARE RECOGNIZED FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX AND INFORMATION RETURN ONLY WHEN IT IS DETERMINED THAT THE TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. CICC ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. CICC BELIEVES THAT TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON CICC'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, CICC HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN TAX POSITIONS AT JUNE 30, 2016 AND 2017. TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2014, 2015, 2016, AND 2017 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. CICC'S MANAGEMENT HAS REGISTERED IN ALL STATES IN WHICH IT BELIEVES IT IS REQUIRED TO BE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.79$0.46$0.67$0.61$0.06
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.82$0.41$0.64$0.57$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.84$0.34$0.53$0.56$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.88$0.37$0.52$0.53$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.90$0.38$0.47$0.49$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.90$0.40$0.67$0.66$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.91$0.39$0.36$0.52$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.96$0.55$0.54$0.50$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.99$0.51$0.43$0.51$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.59$1.01$0.58$0.54$0.51$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.62$1.07$0.55$0.66$0.67$0.00
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.66$1.11$0.56$0.65$0.65$0.00
2012Summary only. Only limited summary data is available for this year.$1.66$1.10$0.56$0.62$0.60$0.02
2011Summary only. Only limited summary data is available for this year.$1.67$1.18$0.50$0.60$0.64$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits