Civic Intelligence

Sullivan County Chamber of Commerce and Industry Inc

990 • Fiscal year 2017 • EIN 14-1567021

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 16, 2017

196 Bridgeville RoadMonticello, NY 12701

(845) 791-4200

Siviq Scores

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

Liabilities / Assets

61st percentile

0.03x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.01x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

30th percentile

-5.2%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$52,000

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

30th percentile

-7.6%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$104,861

Down $8,686 (-7.6%) from 2016

Net Assets

Down

$102,122

Down $10,263 (-9.1%) from 2016

Liabilities

Up

$2,739

Up $1,577 (+136%) from 2016

Revenue

Down

$197,038

Down $31,988 (-14%) from 2016

Expenses

Up

$207,301

Up $49,327 (+31%) from 2016

Net Income

Down

-$10,263

Down $81,315 (-114%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2010: $91,616Liabilities 2010: $2,287Net Assets 2010: $89,3292010Assets 2011: $105,541Liabilities 2011: $40,870Net Assets 2011: $64,6712011Assets 2012: $95,412Liabilities 2012: $34,517Net Assets 2012: $60,8952012Assets 2013: $71,944Liabilities 2013: $27,220Net Assets 2013: $44,7242013Assets 2014: $62,879Liabilities 2014: $18,083Net Assets 2014: $44,7962014Assets 2015: $52,877Liabilities 2015: $11,544Net Assets 2015: $41,3332015Assets 2016: $113,547Liabilities 2016: $1,162Net Assets 2016: $112,3852016Assets 2017: $104,861Liabilities 2017: $2,739Net Assets 2017: $102,1222017Assets 2018: $151,976Liabilities 2018: $942Net Assets 2018: $151,0342018Assets 2019: $134,867Liabilities 2019: $84Net Assets 2019: $134,7832019Assets 2020: $83,239Liabilities 2020: $33,007Net Assets 2020: $50,2322020Assets 2021: $113,784Liabilities 2021: $121,392Net Assets 2021: -$7,6082021Assets 2022: $102,315Liabilities 2022: $173,587Net Assets 2022: -$71,2722022Assets 2023: $49,670Liabilities 2023: $170,148Net Assets 2023: -$120,4782023Assets 2024: $124,251Liabilities 2024: $171,496Net Assets 2024: -$47,2452024

Highlighted filing

2017

Assets$104,861
Liabilities$2,739
Net Assets$102,122

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $183,940Expenses 2010: $207,490Net Income 2010: -$23,5502010Revenue 2011: $192,726Expenses 2011: $217,384Net Income 2011: -$24,6582011Expenses 2012: $178,7182012Expenses 2013: $180,5612013Revenue 2014: $165,557Expenses 2014: $165,485Net Income 2014: $722014Revenue 2015: $189,881Expenses 2015: $193,344Net Income 2015: -$3,4632015Revenue 2016: $229,026Expenses 2016: $157,974Net Income 2016: $71,0522016Revenue 2017: $197,038Expenses 2017: $207,301Net Income 2017: -$10,2632017Revenue 2018: $221,055Expenses 2018: $172,143Net Income 2018: $48,9122018Revenue 2019: $199,323Expenses 2019: $215,574Net Income 2019: -$16,2512019Revenue 2020: $139,914Expenses 2020: $224,465Net Income 2020: -$84,5512020Revenue 2021: $186,214Expenses 2021: $244,054Net Income 2021: -$57,8402021Revenue 2022: $212,820Expenses 2022: $287,709Net Income 2022: -$74,8892022Revenue 2023: $250,239Expenses 2023: $299,445Net Income 2023: -$49,2062023Revenue 2024: $303,667Expenses 2024: $246,586Net Income 2024: $57,0812024

Highlighted filing

2017

Revenue$197,038
Expenses$207,301
Net Income-$10,263
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 16, 2017
Return Version
2016v3.1
Gross Receipts
$209,625
Mission and Program Overview

Mission

CHAMBER OF COMMERCE

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,478$90,361▼ $12,117
Savings and Temporary Cash Investments$11,069$14,500▲ $3,431
Total Assets$113,547$104,861▼ $8,686
Liabilities
Other Liabilities$1,162$2,739▲ $1,577
Total Liabilities$1,162$2,739▲ $1,577
Net Assets / Fund Balance
Unrestricted Net Assets$112,385$102,122▼ $10,263
Total Net Assets Fund Balance$112,385$102,122▼ $10,263
Total Liabilities and Net Assets / Fund Balance$113,547$104,861▼ $8,686

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$13,236$13,236
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathy PatyPresident/ceFT$52,000$52,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$7,500
Program Service Revenue
$182,320
Investment Income
$99
Other Revenue
$7,119
Change in Net Assets
$-10,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,961
Other Expenses$101,340
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$89,856
Fees for Services Other---$15,540
Occupancy---$13,785
Office Expenses---$9,063
Other Employee Benefits---$8,764
Payroll Taxes---$7,341
Fees for Services Accounting---$2,950
Other Expenses---$2,240
Travel---$670
All Other Expenses---$394
Total Functional Expenses$0$0$0$207,301
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,047
Fundraising Direct Expenses$12,587
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Business Award$17,047$17,047$12,587$4,460
Total Events$17,047$17,047$12,587$4,460
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$2,667
Sales Tax Payable$72
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Page 6, Part VI, Line 11B

Return is reviewed by the officers before filing

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

Legal counsel reviews interactions with board members

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Sullivan County Chamber of Commerce
EIN
14-1567021
Phone
8457914200
Address
196 BRIDGEVILLE ROAD, MONTICELLO, NY 12701

Signing Officer

Name
Cathy Paty
Title
President/CEO
Phone
8457914200
Signed
2017-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Paty
Voting Board Members
25
Independent Board Members
25
Employees
2

Preparer

Firm
Bachrach Waschitz & Waschitz Llp
Address
PO BOX 871 598 W BROADWAY, MONTICELLO, NY 12701
Preparer
Andrew J Pavloff
Phone
8457945210
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Special events - business gala - public & business can view the products & services of member businesses & to encourage residents to promote the county

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IRS990/GrossReceiptsAmt0209625
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt025
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt099
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt099
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013236
IRS990/LandBldgEquipCostOrOtherBssAmt013236
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CHAMBER OF COMMERCE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0112385
IRS990/NetAssetsOrFundBalancesEOYAmt0102122
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04460
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04460
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt013785
IRS990/OfficeExpensesGrp/TotalAmt09063
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08764
IRS990/OtherExpensesGrp/Desc0MIXERS, MEETINGS & PROGRA
IRS990/OtherExpensesGrp/Desc1ADVERTISING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3INSURANCE
IRS990/OtherExpensesGrp/TotalAmt037676
IRS990/OtherExpensesGrp/TotalAmt115037
IRS990/OtherExpensesGrp/TotalAmt23985
IRS990/OtherExpensesGrp/TotalAmt32240
IRS990/OtherLiabilitiesGrp/BOYAmt01162
IRS990/OtherLiabilitiesGrp/EOYAmt02739
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02659
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02659
IRS990/OtherRevenueTotalAmt02659
IRS990/OtherSalariesAndWagesGrp/TotalAmt089856
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt07341
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CATHY PATY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MIXERS, MEETINGS & PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2ADVERSTISING SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0104735
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt175195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0104735
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt175195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22390
IRS990/ProgSrvcAccomActy2Grp/Desc0MIXERS, MEETINGS & PROGRAMS - ALLOWS THE MEMBERS TO MEET FOR BUSINESS PURPOSES. TO DISTRIBUTE INFORMATION REGARDIN BUSINESS TAXES, LAWS & OTHER BUSINESS INFORMATION
IRS990/ProgSrvcAccomActy3Grp/Desc0DAILY ACTIVITIES - OFFICE MAINTAINED SO GENERAL PUBLIC CAN CALL OR VISIT TO OBTAIN INFO ON AREA HOTELS, B&B'S, SMALL BUSINESS LENDING & RELOCATION SERVICES
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SPECIAL EVENTS - BUSINESS GALA - PUBLIC & BUSINESS CAN VIEW THE PRODUCTS & SERVICES OF MEMBER BUSINESSES & TO ENCOURAGE RESIDENTS TO PROMOTE THE COUNTY
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0207301
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0182320
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt013121
IRS990/PYOtherExpensesAmt058548
IRS990/PYOtherRevenueAmt05120
IRS990/PYProgramServiceRevenueAmt0210785
IRS990/PYRevenuesLessExpensesAmt071052
IRS990/PYSalariesCompEmpBnftPaidAmt099426
IRS990/PYTotalExpensesAmt0157974
IRS990/PYTotalRevenueAmt0229026
IRS990/ReconcilationRevenueExpnssAmt0-10263
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011069
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014500
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013236
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalLiabilityAmt02739
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012587
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BUSINESS AWARD
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017047
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017047
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017047
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017047
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04460
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012587
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012587
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS - BUSINESS GALA - PUBLIC & BUSINESS CAN VIEW THE PRODUCTS & SERVICES OF MEMBER BUSINESSES & TO ENCOURAGE RESIDENTS TO PROMOTE THE COUNTY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN IS REVIEWED BY THE OFFICERS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEGAL COUNSEL REVIEWS INTERACTIONS WITH BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0113547
IRS990/TotalAssetsEOYAmt0104861
IRS990/TotalAssetsGrp/BOYAmt0113547
IRS990/TotalAssetsGrp/EOYAmt0104861
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07500
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0207301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01162
IRS990/TotalLiabilitiesEOYAmt02739
IRS990/TotalLiabilitiesGrp/BOYAmt01162
IRS990/TotalLiabilitiesGrp/EOYAmt02739
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112385
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0102122
IRS990/TotalOtherProgSrvcExpenseAmt0207301
IRS990/TotalOtherProgSrvcRevenueAmt0182320
IRS990/TotalProgramServiceExpensesAmt0207301

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$1.71$0.47$3.04$2.47$0.57
2023Detailed filing. Detailed filing data is available for this year.$0.50$1.70$1.20$2.50$2.99$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.02$1.74$0.71$2.13$2.88$0.75
2021Detailed filing. Detailed filing data is available for this year.$1.14$1.21$0.08$1.86$2.44$0.58
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.33$0.50$1.40$2.24$0.85
2019Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$1.99$2.16$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.52$0.01$1.51$2.21$1.72$0.49
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.03$1.02$1.97$2.07$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.12$2.29$1.58$0.71
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.12$0.41$1.90$1.93$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.18$0.45$1.66$1.65$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.27$0.45$1.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.35$0.61$1.79
2011Summary only. Only limited summary data is available for this year.$1.06$0.41$0.65$1.93$2.17$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.02$0.89$1.84$2.07$0.24