Civic Intelligence

Hudson Valley Gateway Chamber of Commerce

EIN 13-1701133 • 501(c)6 • Peekskill, NY

Profile

Work with local businesses.

1 South Division StreetPeekskill, NY 10566

www.hvgatewaychamber.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

81st percentile

19%

Higher net margin than 81% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

52nd percentile

4.7%

Faster asset growth than 52% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

16%

Faster revenue growth than 72% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$627,454

Up $28,096 (+4.7%) from 2023

Liabilities

Down

$5,692

Down $24,583 (-81%) from 2023

Net Assets

Up

$621,762

Up $52,679 (+9.3%) from 2023

Operations
Liabilities / Revenue44th percentileNet Margin81st percentile

Revenue

Up

$255,736

Up $34,422 (+16%) from 2023

Expenses

Down

$207,329

Down $9,159 (-4.2%) from 2023

Net Income

Up

$48,407

Up $43,581 (+903%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2012: $531,231Liabilities 2012: $8,129Net Assets 2012: $523,1022012Assets 2013: $549,839Liabilities 2013: $9,490Net Assets 2013: $540,3492013Assets 2014: $556,617Liabilities 2014: $11,060Net Assets 2014: $545,5572014Assets 2015: $564,278Liabilities 2015: $12,237Net Assets 2015: $552,0412015Assets 2016: $623,061Liabilities 2016: $63,165Net Assets 2016: $559,8962016Assets 2017: $625,705Liabilities 2017: $67,510Net Assets 2017: $558,1952017Assets 2018: $612,201Liabilities 2018: $73,612Net Assets 2018: $538,5892018Assets 2019: $570,334Liabilities 2019: $90,165Net Assets 2019: $480,1692019Assets 2020: $503,212Liabilities 2020: $46,462Net Assets 2020: $456,7502020Assets 2021: $555,512Liabilities 2021: $17,177Net Assets 2021: $538,3352021Assets 2022: $576,756Liabilities 2022: $12,474Net Assets 2022: $564,2822022Assets 2023: $599,358Liabilities 2023: $30,275Net Assets 2023: $569,0832023Assets 2024: $627,454Liabilities 2024: $5,692Net Assets 2024: $621,7622024

Highlighted filing

2024

Assets$627,454
Liabilities$5,692
Net Assets$621,762
Open 2024 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2012: $292,1132012Revenue 2013: $282,576Expenses 2013: $277,186Net Income 2013: $5,3902013Revenue 2014: $191,773Expenses 2014: $208,643Net Income 2014: -$16,8702014Revenue 2015: $214,117Expenses 2015: $207,633Net Income 2015: $6,4842015Revenue 2016: $236,287Expenses 2016: $228,432Net Income 2016: $7,8552016Revenue 2017: $244,494Expenses 2017: $246,195Net Income 2017: -$1,7012017Revenue 2018: $258,058Expenses 2018: $251,383Net Income 2018: $6,6752018Revenue 2019: $234,037Expenses 2019: $287,790Net Income 2019: -$53,7532019Revenue 2020: $248,321Expenses 2020: $271,740Net Income 2020: -$23,4192020Revenue 2021: $332,953Expenses 2021: $213,865Net Income 2021: $119,0882021Revenue 2022: $247,012Expenses 2022: $221,065Net Income 2022: $25,9472022Revenue 2023: $221,314Expenses 2023: $216,488Net Income 2023: $4,8262023Revenue 2024: $255,736Expenses 2024: $207,329Net Income 2024: $48,4072024

Highlighted filing

2024

Revenue$255,736
Expenses$207,329
Net Income$48,407
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$627,454
Liabilities
$5,692
Net assets
$621,762
Revenue
$255,736
Expenses
$207,329
Net income
$48,407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.27$0.06$6.22$2.56$2.07$0.48
2023Detailed filing. Detailed filing data is available for this year.$5.99$0.30$5.69$2.21$2.16$0.05
2022Detailed filing. Detailed filing data is available for this year.$5.77$0.12$5.64$2.47$2.21$0.26
2021Detailed filing. Detailed filing data is available for this year.$5.56$0.17$5.38$3.33$2.14$1.19
2020Detailed filing. Detailed filing data is available for this year.$5.03$0.46$4.57$2.48$2.72$0.23
2019Detailed filing. Detailed filing data is available for this year.$5.70$0.90$4.80$2.34$2.88$0.54
2018Detailed filing. Detailed filing data is available for this year.$6.12$0.74$5.39$2.58$2.51$0.07
2017Detailed filing. Detailed filing data is available for this year.$6.26$0.68$5.58$2.44$2.46$0.02
2016Detailed filing. Detailed filing data is available for this year.$6.23$0.63$5.60$2.36$2.28$0.08
2015Detailed filing. Detailed filing data is available for this year.$5.64$0.12$5.52$2.14$2.08$0.06
2014Detailed filing. Detailed filing data is available for this year.$5.57$0.11$5.46$1.92$2.09$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.09$5.40$2.83$2.77$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.08$5.23$2.92
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$311,376
Mission and Program Overview

Mission

Work with local business.

Local organization for small businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$569,083$621,762▲ $52,679
Investments in Publicly Traded Securities$346,882$365,581▲ $18,699
Cash and Non-Interest-Bearing Accounts$171,640$174,523▲ $2,883
Land, Buildings, and Equipment, Net$59,007$48,807▼ $10,200
Savings and Temporary Cash Investments$10,090$15,438▲ $5,348
Prepaid Expenses and Deferred Charges$11,739$14,705▲ $2,966
Total Assets$599,358$627,454▲ $28,096
Other Assets Total-$8,400-
Liabilities
Deferred Revenue$8,500--
Other Liabilities$19,525$4,179▼ $15,346
Accounts Payable and Accrued Expenses$2,250$1,513▼ $737
Total Liabilities$30,275$5,692▼ $24,583
Net Assets / Fund Balance
Total Net Assets Fund Balance$569,083$621,762▲ $52,679
Total Liabilities and Net Assets / Fund Balance$599,358$627,454▲ $28,096

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,302$48,872$71,174
Leasehold Improvements$26,505$32,738$59,243
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Lisa MontaltoChairperson
Marianne OrosImmediate Past Chair
Tim WarnVice Chair Person
David SchepperlyDirector
Ellen BloomDirector
Jann MirchandaniDirector
Jim CreightonDirector
John Van DekkerDirector
Kecia Palmer-cousinsDirector
Kish MelwaniDirector
Marion HensonDirector
Mark FranzosoDirector
Mary FosterDirector
Roger CamposDirector
Vivian MckenzieDirector
Beth GruberDirector at Large
Cynthia B KnoxDirector at Large
Cynthia LippolisDirector at Large
Carole J VoiseyExecutive Director
Alan DillonCorporate Council
Justin WingenrothSecretary
Maureen WhelanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,499
Program Service Revenue
$40,838
Investment Income
$20,603
Other Revenue
$36,796
All Other Contributions
$389
Change in Net Assets
$48,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$124,934
Other Expenses$82,395
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$72,000
Other Salaries and Wages---$37,239
Conferences and Meetings---$13,535
Advertising---$13,286
Information Technology---$12,280
Office Expenses---$10,435
Payroll Taxes---$9,361
Occupancy---$8,831
Other Employee Benefits---$6,334
Insurance---$5,310
Depreciation Depletion---$4,274
Fees for Services Other---$2,824
Fees for Service Investment Mgmnt Fees---$1,648
Fees for Services Accounting---$1,475
Other Expenses---$1,088
All Other Expenses---$530
Travel---$148
Total Functional Expenses$0$0$0$207,329
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,286
Fundraising Direct Expenses$24,594
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$40,286$40,286$24,594$15,692
Total Events$40,286$40,286$24,594$15,692
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$4,179
Security Deposits-
Credit Card Balance-
Due to Foundation-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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, Line 11B

“Organizations process is for treasurer to review form 990 with the executive director and executive committee and then submit the 990 to the board for approval.”

Form 990, Part VI, Line 12C

“Enforcement of conflicts of interest policies - annually conflict of interest statements are completed by the members of the board of directors. The executive director insures compliance with the policy.”

Form 990, Part VI, Line LINE 19

“Governing documents disclosure explanation - organizations documents are not readily available to the public.”

Filing and Contact Details

Filer

Filer Name
Hudson Valley Gateway Chamber of Commerce
EIN
13-1701133
Phone
9147373600
Address
1 SOUTH DIVISION STREET, PEEKSKILL, NY 10566

Signing Officer

Name
Carole Voisey
Title
Executive Director
Phone
9147373600
Signed
2025-05-13
Discuss with paid preparer
No

Organization Details

Principal Officer
Carole Voisey
Formed
1915
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
3

Preparer

Firm
Lisa Alexander CPA
Address
8 JOHN WALSH BLVD SUITE 305A, PEEKSKILL, NY 10566
Preparer
Lisa Alexander
Phone
9147889128
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CORPORATE COUNCIL
IRS990/Form990PartVIISectionAGrp/TitleTxt16IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIR PERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt19TREASURER
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