Civic Intelligence

Bronx Overall Economic Development Corporation

990 • Fiscal year 2017 • EIN 13-3079387

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 15, 2018

Organization Profilewww.BOEDC.com
851 Grand Concourse Room 123Bronx, NY 10451-2937

(719) 590-6201

Siviq Scores

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

Liabilities / Assets

25th percentile

0.06x

Higher debt load relative to assets than 25% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

1.28x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

4th percentile

-60%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

17th percentile

$131,731

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

32nd percentile

0.6%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-25%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$28,235,573

Up $166,219 (+0.6%) from 2016

Net Assets

Down

$26,649,540

Down $155,954 (-0.6%) from 2016

Liabilities

Up

$1,586,033

Up $322,173 (+25%) from 2016

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin4th percentile

Revenue

Down

$1,241,392

Down $407,973 (-25%) from 2016

Expenses

Down

$1,980,222

Down $110,469 (-5.3%) from 2016

Net Income

Down

-$738,830

Down $297,504 (-67%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$40M$30M$20M$10M$0Assets 2011: $30,774,036Liabilities 2011: $902,200Net Assets 2011: $29,871,8362011Assets 2012: $29,597,398Liabilities 2012: $769,694Net Assets 2012: $28,827,7042012Assets 2013: $29,088,845Liabilities 2013: $955,061Net Assets 2013: $28,133,7842013Assets 2014: $29,276,622Liabilities 2014: $843,187Net Assets 2014: $28,433,4352014Assets 2015: $28,479,735Liabilities 2015: $1,232,915Net Assets 2015: $27,246,8202015Assets 2016: $28,069,354Liabilities 2016: $1,263,860Net Assets 2016: $26,805,4942016Assets 2017: $28,235,573Liabilities 2017: $1,586,033Net Assets 2017: $26,649,5402017Assets 2018: $28,381,951Liabilities 2018: $2,077,067Net Assets 2018: $26,304,8842018Assets 2019: $27,986,207Liabilities 2019: $1,536,721Net Assets 2019: $26,449,4862019Assets 2020: $28,320,847Liabilities 2020: $1,423,195Net Assets 2020: $26,897,6522020Assets 2021: $27,862,417Liabilities 2021: $893,924Net Assets 2021: $26,968,4932021Assets 2022: $26,821,106Liabilities 2022: $240,883Net Assets 2022: $26,580,2232022Assets 2023: $26,832,621Liabilities 2023: $340,633Net Assets 2023: $26,491,9882023Assets 2024: $26,267,663Liabilities 2024: $490,089Net Assets 2024: $25,777,5742024

Highlighted filing

2017

Assets$28,235,573
Liabilities$1,586,033
Net Assets$26,649,540
Open 2017 Filing

Operations Trend

Revenue Growth8th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $3,441,298Expenses 2011: $2,881,587Net Income 2011: $559,7112011Revenue 2012: $2,222,754Expenses 2012: $3,523,817Net Income 2012: -$1,301,0632012Revenue 2013: $2,071,062Expenses 2013: $2,651,812Net Income 2013: -$580,7502013Revenue 2014: $1,906,070Expenses 2014: $1,812,863Net Income 2014: $93,2072014Revenue 2015: $1,805,560Expenses 2015: $2,037,757Net Income 2015: -$232,1972015Revenue 2016: $1,649,365Expenses 2016: $2,090,691Net Income 2016: -$441,3262016Revenue 2017: $1,241,392Expenses 2017: $1,980,222Net Income 2017: -$738,8302017Revenue 2018: $1,998,595Expenses 2018: $2,372,802Net Income 2018: -$374,2072018Revenue 2019: $1,890,018Expenses 2019: $1,940,317Net Income 2019: -$50,2992019Revenue 2020: $2,023,010Expenses 2020: $1,747,993Net Income 2020: $275,0172020Revenue 2021: $2,319,012Expenses 2021: $1,837,808Net Income 2021: $481,2042021Revenue 2022: $1,376,717Expenses 2022: $1,748,198Net Income 2022: -$371,4812022Revenue 2023: $1,719,593Expenses 2023: $2,193,454Net Income 2023: -$473,8612023Revenue 2024: $2,816,534Expenses 2024: $3,836,460Net Income 2024: -$1,019,9262024

Highlighted filing

2017

Revenue$1,241,392
Expenses$1,980,222
Net Income-$738,830
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 15, 2018
Return Version
2016v3.1
Gross Receipts
$2,001,837
Mission and Program Overview

Mission

Bronx overall economic development corporation (the "corporation") is a new york nonprofit organization, organized in 1981. The corporation was established to promote economic growth in the bronx, new york by providing loans and grants to businesses located in the bronx, consulting services to present and future companies, and on-the-job training. The corporation is funded primarily through governmental and foundation grants and contributions.

Assist bronx Businesses to expand and encourage start-up in or relocation to Bronx County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,112,645$12,365,315▲ $1,252,670
Investments in Publicly Traded Securities$11,373,665$11,323,620▼ $50,045
Other Notes and Loans Receivable, Net$5,182,430$3,171,445▼ $2,010,985
Pledges and Grants Receivable$551,985$731,212▲ $179,227
Cash and Non-Interest-Bearing Accounts$329,042$406,051▲ $77,009
Land, Buildings, and Equipment, Net$230,731$174,793▼ $55,938
Accounts Receivable$57,913$50,752▼ $7,161
Prepaid Expenses and Deferred Charges$9,489$12,385▲ $2,896
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$28,847,900$28,235,573▼ $612,327
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$273,576$544,240▲ $270,664
Accounts Payable and Accrued Expenses$452,733$497,166▲ $44,433
Deferred Revenue$372,497$357,271▼ $15,226
Mortgage Notes Payable Secured by Investment Property$187,356$187,356→ $0
Grants Payable$40,673$0▼ $40,673
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,326,835$1,586,033▲ $259,198
Net Assets / Fund Balance
Temporarily Rstr Net Assets$23,644,217$22,978,682▼ $665,535
Unrestricted Net Assets$3,876,848$3,670,858▼ $205,990
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$27,521,065$26,649,540▼ $871,525
Total Liabilities and Net Assets / Fund Balance$28,847,900$28,235,573▼ $612,327

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$67,793$138,829$206,622
Land$107,000-$107,000
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marlene CintronPresidentFT$117,637$14,094$131,731
Alfredo AnguieraDirector of EZ ProgramFT$108,722$5,867$114,589

Board Members and Trustees

NameTitle
Stephen B KaufmanChairman
Kathy ZamechanskyChairman - Marketing Committee
Jose PerezChairman - Small Business
Robert MedlockVice Chairman
Benjamin AranaBoard Member
Clarence Stanley jrBoard Member
Michael L SchwartzBoard Member
Sabah RajputBoard Member
Marysol RodriguezSecretary
David AvilesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$965,910
Program Service Revenue
$177,267
Investment Income
$90,626
Other Revenue
$7,589
All Other Contributions
$282,962
Change in Net Assets
$-738,830

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,241,392
Revenue Not Reported on Form 990
$269,627
Total Revenue per Audited Statements
$1,511,019
Total Revenue per Form 990
$1,241,392
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,252,882
Salaries, Compensation, and Employee Benefits$727,340
Total Fundraising Expense$198,572
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$259,892$109,398$11,520$380,810
Current Officers, Directors, Trustees, and Key Employees$146,405$61,628$6,490$214,523
Other Expenses$146,791$44,556$156,438$146,791
Office Expenses$80,939$4,146-$85,085
Other Employee Benefits$55,932$23,544$2,480$81,956
Depreciation Depletion$55,318$620-$55,938
Payroll Taxes$34,159$14,378$1,514$50,051
Fees for Services Accounting$35,112$2,962$5,499$43,573
Occupancy$43,494--$43,494
Advertising$27,394$433$291$28,118
Insurance$20,965-$3,593$24,558
Travel$7,916$822$7,510$16,248
Fees for Services Legal$8,818$744$1,381$10,943
Fees for Services Other$2,842$240$445$3,527
Conferences and Meetings$1,488$155$1,411$3,054
Total Functional Expenses$1,518,024$263,626$198,572$1,980,222

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,382,544
Expenses per Audited Statements$1,980,222
Total Expenses per Form 990$1,980,222
Expenses Not Reported on Form 990$402,322
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$124,258
Fundraising Gross Income$124,258
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bronx Ball$295,479$124,258-$124,258
Total Events$295,479$124,258$124,258-
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Bic$401,050
Due to Funder$143,190
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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 Draft of the Form 990 will be provided to the executive committee for their review and approval. A final copy will be distributed to the full board prior to filing the form 990.”

FORM 990, PART VI, Section B, LINE 12C

“The policy is reviewed and signed by the board members at the annual board meeting. If a conflict were to arise, the member would have to recuse themselves from participating in any discussion or voting on the matter.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Form 990, Part VI, Section B, Line 15

“A budget is prepared by the fiscal department, which includes the executive director's and officers' compensation, and is ultimately approved by the Board of Directors.”

Filing and Contact Details

Filer

Filer Name
Bronx Overall Economic Development
EIN
13-3079387
In Care Of
% MARLENE CINTRON
Phone
7195906201
Address
851 GRAND CONCOURSE ROOM 123, BRONX, NY 10451-2937

Signing Officer

Name
Marlene Cintron
Title
President
Phone
7185906201
Signed
2018-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marlene Cintron
Formed
1981
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
10
Employees
14
Volunteers
13

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Catherine Bendall
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“The mission of boedc is to assist existing bronx based businesses to expand and to encourage additional businesses to start-up in or relocate to bronx county. In fulfilling this mission boedc seeks to maximize employment opportunities for bronx residents. Boedc provides a wide array of programs and services to its clients, including site selection; special projects; procurement assistance; liason services with government agencies; information dissemination; job development and capacity building.”

Form 990, Part III, Line 4B

“Empowerment zone - The empowerment zone program includes the operation of two loan programs for qualified Bronx Empowerment Zone companies. The Corporation is the administrator of the Bronx portion of the New York City Empowerment Zone. This program is a part of the President of BOEDC's Empowerment Zone and Enterprise Community Initiative. The goals of the program within the Bronx are economic development, sustainable community development, the development of community-based partnerships and the development of a strategic vision of change. The Empowerment Zone programs offer loans at low interest rates and long repayment terms in exchange for the borrower's commitment to hire Bronx Empowerment Zone residents. The partners in this enterprise and the entities funding the program are the City of New York, the New York State Urban Development Corporation (doing business as the Empire State Development Corporation) ("ESDC") and the United States Department of Housing and Urban Development. Fundamental to achieving the program goal is to create permanent jobs by means of business development within the target zones.”

FORM 990, Part III, Line 4C

“Economic Development - Under this program, the Corporation performs research and analysis regarding current economic developments, marketing and promotion of the Bronx through various media, provides real estate assistance to Bronx businesses that are expanding as well as to those businesses that are interested in moving into the Bronx; offers financial services information and assistance to Bronx businesses, provides technical commercial revitalization assistance to Bronx businesses as well as entrepreneurial assessment and technical assistance in developing a profitable business. The program is funded predominantly by the City of New York through the Office of the Borough President of the Bronx.”

Financial Statement Notes

Form 990, Schedule D, Part XI, Line 2D

“Special Event Expenses: $124,258 netted against income for the presentation in Form 990 in accordance with the IRS instructions.”

Form 990, Schedule D, Part X, Line 2

“The Corporation is a not-for-profit organization exempt from Federal income taxes pursuant to the provisions of Section 501(c)(3) of the Internal Revenue Code and from New York State income taxes under applicable state law. Accordingly, no provision for Federal or state income taxes has been recorded in the statements of activities. Management has determined that there are no uncertain tax positions at the Corporation as of June 30, 2017 and 2016. In addition, the Corporation has no income tax related penalties or interest for the periods.”

Form 990, Schedule D, Part XII, Line 2D

“Special Event Expenses: $124,258 has been netted against income for the presentation in Form 990 in accordance with the IRS instructions.”

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt115867
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IRS990/Form990PartVIISectionAGrp/PersonNm1Marysol Rodriguez
IRS990/Form990PartVIISectionAGrp/PersonNm2David Aviles
IRS990/Form990PartVIISectionAGrp/PersonNm3Kathy Zamechansky
IRS990/Form990PartVIISectionAGrp/PersonNm4Robert Medlock
IRS990/Form990PartVIISectionAGrp/PersonNm5Jose Perez
IRS990/Form990PartVIISectionAGrp/PersonNm6Clarence Stanley jr
IRS990/Form990PartVIISectionAGrp/PersonNm7Benjamin Arana
IRS990/Form990PartVIISectionAGrp/PersonNm8Michael L Schwartz
IRS990/Form990PartVIISectionAGrp/PersonNm9Sabah Rajput
IRS990/Form990PartVIISectionAGrp/PersonNm10Marlene Cintron
IRS990/Form990PartVIISectionAGrp/PersonNm11Alfredo Anguiera
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairman - Marketing Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman - Small Business
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF EZ PROGRAM
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IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InfoInScheduleOPartXInd0X
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IRS990/InsuranceGrp/FundraisingAmt03593
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IRS990/IntangibleAssetsGrp/EOYAmt00
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt080628
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt011323620
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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0174793
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IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Organization's Mission - (See Schedule O for Details)
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0187356
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IRS990/NetAssetsOrFundBalancesEOYAmt026649540
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09998
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09998
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-132695
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt043494
IRS990/OccupancyGrp/TotalAmt043494
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04146
IRS990/OfficeExpensesGrp/ProgramServicesAmt080939
IRS990/OfficeExpensesGrp/TotalAmt085085
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02480
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023544
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt055932
IRS990/OtherEmployeeBenefitsGrp/TotalAmt081956
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IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044556
IRS990/OtherExpensesGrp/ProgramServicesAmt0590559
IRS990/OtherExpensesGrp/ProgramServicesAmt1146791
IRS990/OtherExpensesGrp/TotalAmt0791553
IRS990/OtherExpensesGrp/TotalAmt1146791
IRS990/OtherLiabilitiesGrp/BOYAmt0273576
IRS990/OtherLiabilitiesGrp/EOYAmt0544240
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07589
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07589
IRS990/OtherRevenueTotalAmt07589
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011520
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0109398
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0259892
IRS990/OtherSalariesAndWagesGrp/TotalAmt0380810
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05182430
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03171445
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01514
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014378
IRS990/PayrollTaxesGrp/ProgramServicesAmt034159
IRS990/PayrollTaxesGrp/TotalAmt050051
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0551985
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0731212
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09489
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012385
IRS990/PrincipalOfficerNm0MARLENE CINTRON
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt168606
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt240673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt067988
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt168606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt240673
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0136594
IRS990/ProgSrvcAccomActy3Grp/Desc0Economic Development - (See Schedule O for Details)
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IRS990/PYContributionsGrantsAmt01386498
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IRS990/PYInvestmentIncomeAmt0143223
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IRS990/PYOtherExpensesAmt01261478
IRS990/PYOtherRevenueAmt046125
IRS990/PYProgramServiceRevenueAmt0129450
IRS990/PYRevenuesLessExpensesAmt0-577781
IRS990/PYSalariesCompEmpBnftPaidAmt0846599
IRS990/PYTotalExpensesAmt02283077
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IRS990/PYTotalRevenueAmt01705296
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,235,573
Liabilities
$1,586,033
Net assets
$26,649,540
Revenue
$1,241,392
Expenses
$1,980,222
Net income
-$738,830
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.3$0.49$25.8$2.82$3.84$1.02
2023Detailed filing. Detailed filing data is available for this year.$26.8$0.34$26.5$1.72$2.19$0.47
2022Detailed filing. Detailed filing data is available for this year.$26.8$0.24$26.6$1.38$1.75$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$0.89$27.0$2.32$1.84$0.48
2020Detailed filing. Detailed filing data is available for this year.$28.3$1.42$26.9$2.02$1.75$0.28
2019Detailed filing. Detailed filing data is available for this year.$28.0$1.54$26.4$1.89$1.94$0.05
2018Detailed filing. Detailed filing data is available for this year.$28.4$2.08$26.3$2.00$2.37$0.37
2017Detailed filing. Detailed filing data is available for this year.$28.2$1.59$26.6$1.24$1.98$0.74
2016Detailed filing. Detailed filing data is available for this year.$28.1$1.26$26.8$1.65$2.09$0.44
2015Detailed filing. Detailed filing data is available for this year.$28.5$1.23$27.2$1.81$2.04$0.23
2014Detailed filing. Detailed filing data is available for this year.$29.3$0.84$28.4$1.91$1.81$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$0.96$28.1$2.07$2.65$0.58
2012Summary only. Only limited summary data is available for this year.$29.6$0.77$28.8$2.22$3.52$1.30
2011Summary only. Only limited summary data is available for this year.$30.8$0.90$29.9$3.44$2.88$0.56