Civic Intelligence

West Brighton Community Local Development Corporation

990 • Fiscal year 2015 • EIN 13-3046424

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 05, 2015

705 Forest Avenue 2nd FloorStaten Island, NY 10310

(718) 816-4775

Siviq Scores

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

Liabilities / Assets

90th percentile

0.59x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

0.76x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Net Margin

10th percentile

-32%

Higher net margin than 10% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Top Officer Pay

95th percentile

$79,289

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Asset Growth

21st percentile

-15%

Faster asset growth than 21% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-40%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$390,465

Down $69,927 (-15%) from 2014

Net Assets

Down

$161,841

Down $139,582 (-46%) from 2014

Liabilities

Up

$228,624

Up $69,655 (+44%) from 2014

Revenue

Down

$300,044

Down $196,296 (-40%) from 2014

Expenses

Up

$395,256

Up $56,652 (+17%) from 2014

Net Income

Down

-$95,212

Down $252,948 (-160%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $163,530Liabilities 2011: $24,214Net Assets 2011: $139,3162011Assets 2012: $122,053Liabilities 2012: $7,956Net Assets 2012: $114,0972012Assets 2013: $225,117Liabilities 2013: $81,430Net Assets 2013: $143,6872013Assets 2014: $460,392Liabilities 2014: $158,969Net Assets 2014: $301,4232014Assets 2015: $390,465Liabilities 2015: $228,624Net Assets 2015: $161,8412015Assets 2016: $139,264Liabilities 2016: $31,797Net Assets 2016: $107,4672016Assets 2017: $174,023Liabilities 2017: $36,172Net Assets 2017: $137,8512017Assets 2018: $161,270Liabilities 2018: $60,716Net Assets 2018: $100,5542018Assets 2019: $98,538Liabilities 2019: $11,050Net Assets 2019: $87,4882019Assets 2020: $144,451Liabilities 2020: $32,741Net Assets 2020: $111,7102020Assets 2021: $207,041Liabilities 2021: $10,848Net Assets 2021: $196,1932021Assets 2022: $279,609Liabilities 2022: $21,059Net Assets 2022: $258,5502022Assets 2023: $384,673Liabilities 2023: $26,133Net Assets 2023: $358,5402023Assets 2024: $438,052Liabilities 2024: $26,754Net Assets 2024: $411,2982024Assets 2025: $494,597Liabilities 2025: $25,600Net Assets 2025: $468,9972025

Highlighted filing

2015

Assets$390,465
Liabilities$228,624
Net Assets$161,841

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $303,5012011Expenses 2012: $268,6962012Revenue 2013: $382,112Expenses 2013: $352,522Net Income 2013: $29,5902013Revenue 2014: $496,340Expenses 2014: $338,604Net Income 2014: $157,7362014Revenue 2015: $300,044Expenses 2015: $395,256Net Income 2015: -$95,2122015Revenue 2016: $276,095Expenses 2016: $330,469Net Income 2016: -$54,3742016Revenue 2017: $360,766Expenses 2017: $330,382Net Income 2017: $30,3842017Revenue 2018: $368,930Expenses 2018: $406,227Net Income 2018: -$37,2972018Revenue 2019: $255,222Expenses 2019: $268,288Net Income 2019: -$13,0662019Revenue 2020: $231,075Expenses 2020: $206,853Net Income 2020: $24,2222020Revenue 2021: $288,037Expenses 2021: $203,554Net Income 2021: $84,4832021Revenue 2022: $316,732Expenses 2022: $254,375Net Income 2022: $62,3572022Revenue 2023: $386,289Expenses 2023: $286,299Net Income 2023: $99,9902023Revenue 2024: $388,047Expenses 2024: $335,289Net Income 2024: $52,7582024Revenue 2025: $535,739Expenses 2025: $478,040Net Income 2025: $57,6992025

Highlighted filing

2015

Revenue$300,044
Expenses$395,256
Net Income-$95,212
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$300,044
Mission and Program Overview

Mission

The west brighton community local development corporation dba staten island business outreach center (siboc) was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new businesses and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies. Siboc, through our small business development services, empowers underserved and low- and moderate-income (lmi) entrepreneurs and small business owners, through a combination of business assistance and workforce development. Various services are available to assist business owners such as: one to one business counseling, financial literacy, loan applications assistance and services from government, understand regulatory requirements and how to become compliant; seminars on business topics and technology classes. Siboc provides minority and women business owners with outstanding support

The west brighton community local development corporation was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new business and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$316,217$198,093▼ $118,124
Cash and Non-Interest-Bearing Accounts$128,173$180,983▲ $52,810
Prepaid Expenses and Deferred Charges$6,535$3,127▼ $3,408
Land, Buildings, and Equipment, Net$4,067$2,862▼ $1,205
Total Assets$460,392$390,465▼ $69,927
Other Assets Total$5,400$5,400→ $0
Liabilities
Accounts Payable and Accrued Expenses$142,222$221,124▲ $78,902
Other Liabilities$13,747--
Deferred Revenue$3,000$7,500▲ $4,500
Total Liabilities$158,969$228,624▲ $69,655
Net Assets / Fund Balance
Unrestricted Net Assets$99,812$95,310▼ $4,502
Temporarily Rstr Net Assets$201,611$66,531▼ $135,080
Total Net Assets Fund Balance$301,423$161,841▼ $139,582
Total Liabilities and Net Assets / Fund Balance$460,392$390,465▼ $69,927

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,862$5,542$8,404
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Loretta CauldwellExecutive DiFT$79,289$79,289

Board Members and Trustees

NameTitle
Roy a RucciPresident
James H ThomsonDirector
John PiteraDirector
LORETTA O'MALLEYDirector
Maureen FairlieDirector
Michael AnicitoDirector
Robert BernabeDirector
Richard BoyleSecretary
Keith ChristensenTreasurer
Carol DimarcoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$232,600
Program Service Revenue
$66,126
Investment Income
$559
Other Revenue
$759
All Other Contributions
$65,500
Change in Net Assets
$-95,212

Audited Revenue Reconciliation

Revenue per Audited Statements
$300,044
Total Revenue per Audited Statements
$300,044
Total Revenue per Form 990
$300,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,174
Salaries, Compensation, and Employee Benefits$164,082
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$55,502$23,787-$79,289
Other Salaries and Wages$49,334$21,142-$70,476
Occupancy$27,346$11,720-$39,066
Fees for Services Accounting$27,300$11,700-$39,000
Payroll Taxes$8,020$3,437-$11,457
Office Expenses$4,752$1,345-$6,097
Advertising$5,400$300-$5,700
Other Expenses$2,913$1,249-$4,162
All Other Expenses$2,605$1,116-$3,721
Insurance$2,245$962-$3,207
Other Employee Benefits$2,002$858-$2,860
Depreciation Depletion$844$361-$1,205
Travel$594$254-$848
Conferences and Meetings$230$99-$329
Total Functional Expenses$313,658$81,598$0$395,256

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$395,256
Total Expenses per Audited Statements$395,256
Total Expenses per Form 990$395,256
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contract Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 4

The organization amended its by-laws in october 2014 in order to comply with the new york state non-profit revitalization act as well as to reflect its new name, staten island business outreach center.

Form 990, Page 6, Part VI, Line 11B

The cpa presents the 990 to the organization's board members who review and approve the form before it is submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are monitored on an ongoing basis.

Form 990, Page 6, Part VI, Line 15A

A review of compensation for the executive director is performed by the bo ard of directors using data from similar organizations and determining fun ding availability for compensation.

Form 990, Page 6, Part VI, Line 19

The governing documents, policies and financial statements are available u pon request.

Filing and Contact Details

Filer

Filer Name
West Brighton Community
EIN
13-3046424
Phone
7188164775
Address
705 FOREST AVENUE 2ND FLOOR, STATEN ISLAND, NY 10310
Doing Business As
Staten Island Business Outreach Cen

Signing Officer

Name
Roy a Rucci
Title
President
Phone
7188164775
Signed
2015-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy a Rucci
Formed
1980
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
17

Preparer

Firm
Desantis Kiefer Shall & Sarcone Llp
Address
1675 RICHMOND ROAD, STATEN ISLAND, NY 10304-2317
Preparer
Gregg E Kiefer CPA
Phone
7183512233
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

CENTER

FORM 990 - ORGANIZATION'S MISSION

The west brighton community local development corporation was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new business and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies.

Financial Statement Notes

Schedule D, Page 3, Part X

The corporation has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The corporation has analyzed the tax positions taken in its filings with the internal revenue service and state jurisdictions where it operates. The corporation believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustment that would result in a material adverse affect on the corporation's financial condition, results of operations or cash flows. Accordingly, the corporation has not recorded any reserves or related accruals for taxes, interest and penalties for uncertain income tax positions at june 30, 2015. The corporation is subject to examinations by federal and new york state taxing authorities for the years ending june 30, 2012, 2013, 2014; however, there are currently no examinations for any tax periods in progress.

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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE WEST BRIGHTON COMMUNITY LOCAL DEVELOPMENT CORPORATION WAS ESTABLISHED AS A NOT-FOR-PROFIT CORPORATION THAT IS DEDICATED TO MAKING STATEN ISLAND, NEW YORK A BETTER PLACE TO LIVE AND SHOP. OUR PROGRAMS ARE DESIGNED TO ATTRACT NEW BUSINESS AND ASSIST EXISTING BUSINESSES IN EXPANSION, RENOVATIONS, PROMOTIONS, AND INTERACTIONS WITH GOVERNMENT AGENCIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0301423
IRS990/NetAssetsOrFundBalancesEOYAmt0161841
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011720
IRS990/OccupancyGrp/ProgramServicesAmt027346
IRS990/OccupancyGrp/TotalAmt039066
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01345
IRS990/OfficeExpensesGrp/ProgramServicesAmt04752
IRS990/OfficeExpensesGrp/TotalAmt06097
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05400
IRS990/OtherAssetsTotalGrp/EOYAmt05400
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0858
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02002
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02860
IRS990/OtherExpensesGrp/Desc0PROGRAM RELATED EXPENSES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL & MAINT.
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01819
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21249
IRS990/OtherExpensesGrp/ProgramServicesAmt0116945
IRS990/OtherExpensesGrp/ProgramServicesAmt14244
IRS990/OtherExpensesGrp/ProgramServicesAmt23382
IRS990/OtherExpensesGrp/ProgramServicesAmt32913
IRS990/OtherExpensesGrp/TotalAmt0116945
IRS990/OtherExpensesGrp/TotalAmt16063
IRS990/OtherExpensesGrp/TotalAmt24831
IRS990/OtherExpensesGrp/TotalAmt34162
IRS990/OtherLiabilitiesGrp/BOYAmt013747
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0759
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0759
IRS990/OtherRevenueTotalAmt0759
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021142
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt049334
IRS990/OtherSalariesAndWagesGrp/TotalAmt070476
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03437
IRS990/PayrollTaxesGrp/ProgramServicesAmt08020
IRS990/PayrollTaxesGrp/TotalAmt011457
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0316217
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0198093
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06535
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03127
IRS990/PrincipalOfficerNm0ROY A RUCCI
IRS990/PriorPeriodAdjustmentsAmt0-44370
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1WOMEN'S CONFERENCE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt056000
IRS990/ProgramServiceRevenueGrp/ExclusionAmt110126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110126
IRS990/ProgSrvcAccomActy2Grp/Desc0BROWNFIELD OPPORTUNITY AREA - COMPLETE A STRATEGIC PLAN FOR THE ECONOMIC AND ENVIRONMENTAL REVITALIZATION OF THE PROPERTIES LOCATED IN THE TARGET AREA UTILIZING FUNDING OF THEIR PRE-NOMINATION STUDY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt082167
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0434421
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0197
IRS990/PYOtherExpensesAmt0186232
IRS990/PYOtherRevenueAmt05722
IRS990/PYProgramServiceRevenueAmt056000
IRS990/PYRevenuesLessExpensesAmt0157736
IRS990/PYSalariesCompEmpBnftPaidAmt0152372
IRS990/PYTotalExpensesAmt0338604
IRS990/PYTotalRevenueAmt0496340
IRS990/ReconcilationRevenueExpnssAmt0-95212
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT FEE 279,000 PROGRAM INCOME 74,713 OTHER INCOME 21,443
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0232600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0434421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0301350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0156868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0173083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01298322
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0559
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0209
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0548
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0882
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02395
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt066885
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt061722
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt080553
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt086061
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt079935
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0375156
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77470
IRS990ScheduleA/PublicSupportPY170Pct00.77690
IRS990ScheduleA/PublicSupportTotal170Amt01298322
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0232600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0434421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0301350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0156868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0173083
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01298322
IRS990ScheduleA/TotalSupportAmt01675873
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02862
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05542
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08404
IRS990ScheduleD/ExpensesSubtotalAmt0395256
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRACT PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0300044
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. THE CORPORATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENT THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE CORPORATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR TAXES, INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2015. THE CORPORATION IS SUBJECT TO EXAMINATIONS BY FEDERAL AND NEW YORK STATE TAXING AUTHORITIES FOR THE YEARS ENDING JUNE 30, 2012, 2013, 2014; HOWEVER, THERE ARE CURRENTLY NO EXAMINATIONS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02862
IRS990ScheduleD/TotalExpensesPerForm990Amt0395256
IRS990ScheduleD/TotalRevenuePerForm990Amt0300044
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0300044
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0395256
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CENTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE WEST BRIGHTON COMMUNITY LOCAL DEVELOPMENT CORPORATION WAS ESTABLISHED AS A NOT-FOR-PROFIT CORPORATION THAT IS DEDICATED TO MAKING STATEN ISLAND, NEW YORK A BETTER PLACE TO LIVE AND SHOP. OUR PROGRAMS ARE DESIGNED TO ATTRACT NEW BUSINESS AND ASSIST EXISTING BUSINESSES IN EXPANSION, RENOVATIONS, PROMOTIONS, AND INTERACTIONS WITH GOVERNMENT AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION AMENDED ITS BY-LAWS IN OCTOBER 2014 IN ORDER TO COMPLY WITH THE NEW YORK STATE NON-PROFIT REVITALIZATION ACT AS WELL AS TO REFLECT ITS NEW NAME, STATEN ISLAND BUSINESS OUTREACH CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CPA PRESENTS THE 990 TO THE ORGANIZATION'S BOARD MEMBERS WHO REVIEW AND APPROVE THE FORM BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE MONITORED ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A REVIEW OF COMPENSATION FOR THE EXECUTIVE DIRECTOR IS PERFORMED BY THE BO ARD OF DIRECTORS USING DATA FROM SIMILAR ORGANIZATIONS AND DETERMINING FUN DING AVAILABILITY FOR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE U PON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0201611
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt066531
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0460392
IRS990/TotalAssetsEOYAmt0390465
IRS990/TotalAssetsGrp/BOYAmt0460392
IRS990/TotalAssetsGrp/EOYAmt0390465
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0232600
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081598
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0313658
IRS990/TotalFunctionalExpensesGrp/TotalAmt0395256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0158969
IRS990/TotalLiabilitiesEOYAmt0228624
IRS990/TotalLiabilitiesGrp/BOYAmt0158969
IRS990/TotalLiabilitiesGrp/EOYAmt0228624
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0301423
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0161841
IRS990/TotalProgramServiceExpensesAmt0313658

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$0.26$4.69$5.36$4.78$0.58
2024Detailed filing. Detailed filing data is available for this year.$4.38$0.27$4.11$3.88$3.35$0.53
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.26$3.59$3.86$2.86$1.00
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.80$0.21$2.59$3.17$2.54$0.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.11$1.96$2.88$2.04$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.33$1.12$2.31$2.07$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.11$0.87$2.55$2.68$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.61$1.01$3.69$4.06$0.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.36$1.38$3.61$3.30$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.32$1.07$2.76$3.30$0.54
2015Detailed filing. Detailed filing data is available for this year.$3.90$2.29$1.62$3.00$3.95$0.95
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.60$1.59$3.01$4.96$3.39$1.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.81$1.44$3.82$3.53$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.08$1.14$2.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.24$1.39$3.04