Civic Intelligence

Metropolitan Package Store Association Inc

990 • Fiscal year 2018 • EIN 13-1038275

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

1971 Western AvenueAlbany, NY 12203

(866) 989-9006

Siviq Scores

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

Liabilities / Assets

59th percentile

0.02x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.02x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

2.6%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

56th percentile

5.0%

Faster asset growth than 56% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

21%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$193,334

Up $9,141 (+5.0%) from 2017

Net Assets

Up

$189,957

Up $11,514 (+6.5%) from 2017

Liabilities

Down

$3,377

Down $2,373 (-41%) from 2017

Revenue

Up

$224,964

Up $38,419 (+21%) from 2017

Expenses

Up

$219,203

Up $29,621 (+16%) from 2017

Net Income

Up

$5,761

Up $8,798 (+290%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $302,295Liabilities 2010: $95,462Net Assets 2010: $206,8332010Assets 2011: $346,071Liabilities 2011: $121,562Net Assets 2011: $224,5092011Assets 2012: $211,036Liabilities 2012: $23,325Net Assets 2012: $187,7112012Assets 2013: $205,055Liabilities 2013: $6,848Net Assets 2013: $198,2072013Assets 2014: $171,278Liabilities 2014: $1,549Net Assets 2014: $169,7292014Assets 2015: $179,454Liabilities 2015: $3,180Net Assets 2015: $176,2742015Assets 2016: $194,322Liabilities 2016: $12,468Net Assets 2016: $181,8542016Assets 2017: $184,193Liabilities 2017: $5,750Net Assets 2017: $178,4432017Assets 2018: $193,334Liabilities 2018: $3,377Net Assets 2018: $189,9572018Assets 2019: $229,060Liabilities 2019: $10,077Net Assets 2019: $218,9832019Assets 2020: $449,723Liabilities 2020: $9,473Net Assets 2020: $440,2502020Assets 2021: $556,767Liabilities 2021: $13,197Net Assets 2021: $543,5702021Assets 2022: $549,344Liabilities 2022: $6,631Net Assets 2022: $542,7132022Assets 2023: $565,928Liabilities 2023: $34,604Net Assets 2023: $531,3242023Assets 2024: $536,360Liabilities 2024: $35,396Net Assets 2024: $500,9642024

Highlighted filing

2018

Assets$193,334
Liabilities$3,377
Net Assets$189,957

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $236,963Expenses 2010: $285,751Net Income 2010: -$48,7882010Revenue 2011: $224,161Expenses 2011: $220,590Net Income 2011: $3,5712011Revenue 2012: $229,250Expenses 2012: $266,048Net Income 2012: -$36,7982012Revenue 2013: $229,499Expenses 2013: $219,003Net Income 2013: $10,4962013Revenue 2014: $199,721Expenses 2014: $227,698Net Income 2014: -$27,9772014Revenue 2015: $203,698Expenses 2015: $197,152Net Income 2015: $6,5462015Revenue 2016: $207,349Expenses 2016: $199,125Net Income 2016: $8,2242016Revenue 2017: $186,545Expenses 2017: $189,582Net Income 2017: -$3,0372017Revenue 2018: $224,964Expenses 2018: $219,203Net Income 2018: $5,7612018Revenue 2019: $269,638Expenses 2019: $240,612Net Income 2019: $29,0262019Revenue 2020: $383,648Expenses 2020: $165,505Net Income 2020: $218,1432020Revenue 2021: $328,977Expenses 2021: $225,658Net Income 2021: $103,3192021Revenue 2022: $309,842Expenses 2022: $265,845Net Income 2022: $43,9972022Revenue 2023: $312,019Expenses 2023: $322,041Net Income 2023: -$10,0222023Revenue 2024: $324,938Expenses 2024: $355,173Net Income 2024: -$30,2352024

Highlighted filing

2018

Revenue$224,964
Expenses$219,203
Net Income$5,761
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$296,007
Mission and Program Overview

Mission

Business Association of Package Store.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$178,443$189,957▲ $11,514
Savings and Temporary Cash Investments$58,459$118,486▲ $60,027
Cash and Non-Interest-Bearing Accounts$117,859$56,348▼ $61,511
Accounts Receivable$7,875$18,500▲ $10,625
Land, Buildings, and Equipment, Net-$0-
Total Assets$184,193$193,334▲ $9,141
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,750$2,875▼ $2,875
Other Liabilities-$502-
Total Liabilities$5,750$3,377▼ $2,373
Net Assets / Fund Balance
Total Net Assets Fund Balance$178,443$189,957▲ $11,514
Total Liabilities and Net Assets / Fund Balance$184,193$193,334▲ $9,141

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$70,083$0
Other Assets Org$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph ViscomiChairman
Mario D'AmicoVice Chairman
0Director
Al NeiraDirector
Donald KummDirector
Eric LeiserDirector
Heather HamiltonDirector
Jeff CohenDirector
Lucy FangDirector
Matthew LaSorsaDirector
Matthew MolahanDirector
Michael HoudekDirector
Robert FinkDirector
Sam ChoiDirector
Tim BurnsDirector
Wayne JohnsonDirector
Michael A CorreraExecutive Director
Roger BarbieroSecretary
Ed WassmerTreasurer
PaulZagardo
Revenue and Support

Revenue Composition

Contributions and Grants
$235,289
Program Service Revenue
$5,016
Investment Income
$27
Other Revenue
$-15,368
Change in Net Assets
$5,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,203
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
Fees for Services Management$0$63,600$0$63,600
Travel$0$54,705$0$54,705
Fees for Services Lobbying$0$52,100$0$52,100
Conferences and Meetings$0$22,270$0$22,270
All Other Expenses$0$6,113$0$6,113
Fees for Services Accounting$0$0$0$2,875
Office Expenses$0$2,745$0$2,745
Insurance$0$895$0$895
Other Expenses$0$650$0$650
Payment Travel Entrtnmnt Publicly Ofcl$0$14$0$14
Total Functional Expenses$0$216,328$0$219,203
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$71,043
Fundraising Gross Income$55,675
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Dance$236,739$55,675$9,946$45,729
Total Events$236,739$55,675$71,043$-15,368
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to PAC$502
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Metropolitan Package Store Association
EIN
13-1038275
Phone
8669899006
Address
1971 Western Avenue, Albany, NY 12203

Signing Officer

Name
Michael A Correra
Title
Executive Director
Phone
8669899006
Signed
2019-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael A Correra
Formed
1941
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
0

Preparer

Firm
Michael S Pedulla LLC CPA
Address
333 Sylvan Ave ste 300, Englewood Cliffs, NJ 07632
Preparer
Michael S Pedulla
Phone
2018717333
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

The association does not have any committe with

Pt VI, Line 8B

authority to act on the behalf of the governing body.

Pt VI, Line 11B

The association's board of directors reviews the form

Pt VI, Line 11B

990 prior to it's filing.

Pt VI, Line 19

Disclosure of governing documents and financial

Pt VI, Line 19

statements available to public: Association makes it's

Pt VI, Line 19

governing document and financial statements available

Pt VI, Line 19

to the public upon receipt of a members written request.

Form 990, Part IX, Line 24E

Telephone Expense 621. 621.

Form 990, Part IX, Line 24E

Postage 2592. 2592.

Form 990, Part IX, Line 24E

Web Service Provider & Hosting 2796. 2796.

Form 990, Part IX, Line 24E

E-Mail 104. 104.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0895
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt0895
IRS990/InvestmentIncomeGrp/ExclusionAmt027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt070083
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt070083
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt054225
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Business Association of Package Store.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0178443
IRS990/NetAssetsOrFundBalancesEOYAmt0189957
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-15368
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-15368
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02745
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt02745
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherExpensesGrp/Desc0Charitable Contributions
IRS990/OtherExpensesGrp/Desc1Typesetting/Printing
IRS990/OtherExpensesGrp/Desc2Credit Card Processing
IRS990/OtherExpensesGrp/Desc3Bank Charges
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06825
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11575
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24836
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3650
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt06825
IRS990/OtherExpensesGrp/TotalAmt11575
IRS990/OtherExpensesGrp/TotalAmt24836
IRS990/OtherExpensesGrp/TotalAmt3650
IRS990/OtherLiabilitiesGrp/EOYAmt0502
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Michael A Correra
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0CC NYS Retail Council
IRS990/ProgramServiceRevenueGrp/Desc1Tote Bags
IRS990/ProgramServiceRevenueGrp/Desc2ATAP Training Token Codes
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02957
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11632
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2427
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0The association provides members the opportunity for benefits The association receives a residual commission on the member fees.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02957
IRS990/ProgSrvcAccomActy3Grp/Desc0The association provides training through PSCC/Reserving. The association receives a commission on the sales
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0427
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0200870
IRS990/PYInvestmentIncomeAmt060
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt014
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt014
IRS990/PYOtherExpensesAmt0189582
IRS990/PYOtherRevenueAmt0-20955
IRS990/PYProgramServiceRevenueAmt06570
IRS990/PYRevenuesLessExpensesAmt0-3037
IRS990/PYTotalExpensesAmt0189582
IRS990/PYTotalRevenueAmt0186545
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05761
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01632
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0178443
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0189957
IRS990/SavingsAndTempCashInvstGrp/BOYAmt058459
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0118486
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt070083
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt070083
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Furniture & Equipment
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0502
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to PAC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalLiabilityAmt0502
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0181064
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0181064
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt071043
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Dinner Dance
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt061097
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt061097
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0236739
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0236739
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt055675
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-15368
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09946
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09946
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.36$0.35$5.01$3.25$3.55$0.30
2023Detailed filing. Detailed filing data is available for this year.$5.66$0.35$5.31$3.12$3.22$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.49$0.07$5.43$3.10$2.66$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.13$5.44$3.29$2.26$1.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$0.09$4.40$3.84$1.66$2.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.10$2.19$2.70$2.41$0.29
2018Detailed filing. Detailed filing data is available for this year.$1.93$0.03$1.90$2.25$2.19$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.06$1.78$1.87$1.90$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.12$1.82$2.07$1.99$0.08
2015Summary only. Only limited summary data is available for this year.$1.79$0.03$1.76$2.04$1.97$0.07
2014Summary only. Only limited summary data is available for this year.$1.71$0.02$1.70$2.00$2.28$0.28
2013Summary only. Only limited summary data is available for this year.$2.05$0.07$1.98$2.29$2.19$0.10
2012Summary only. Only limited summary data is available for this year.$2.11$0.23$1.88$2.29$2.66$0.37
2011Summary only. Only limited summary data is available for this year.$3.46$1.22$2.25$2.24$2.21$0.04
2010Summary only. Only limited summary data is available for this year.$3.02$0.95$2.07$2.37$2.86$0.49