Civic Intelligence

Greater Glens Falls Local Development Corporation

990 • Fiscal year 2022 • EIN 14-1674747

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileWWW.CITYOFGLENSFALLS.COM
42 Ridge StreetGlens Falls, NY 12801

(518) 761-3833

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.13x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

1.26x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2022

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$16,580

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2022 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2022

Asset Growth

27th percentile

-5.8%

Faster asset growth than 27% of similar nonprofits.

2022 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-24%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$2,853,769

Down $175,758 (-5.8%) from 2021

Net Assets

Down

$2,492,870

Down $48,783 (-1.9%) from 2021

Liabilities

Down

$360,899

Down $126,975 (-26%) from 2021

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin16th percentile

Revenue

Down

$287,113

Down $89,147 (-24%) from 2021

Expenses

Up

$335,896

Up $290,400 (+638%) from 2021

Net Income

Down

-$48,783

Down $379,547 (-115%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,689,370Liabilities 2010: $584,182Net Assets 2010: $2,105,1882010Assets 2011: $1,902,526Liabilities 2011: $7,236Net Assets 2011: $1,895,2902011Assets 2012: $2,812,892Liabilities 2012: $403,664Net Assets 2012: $2,409,2282012Assets 2013: $3,386,624Liabilities 2013: $325,828Net Assets 2013: $3,060,7962013Assets 2014: $2,861,690Liabilities 2014: $212,349Net Assets 2014: $2,649,3412014Assets 2015: $2,651,767Liabilities 2015: $164,272Net Assets 2015: $2,487,4952015Assets 2016: $2,594,783Liabilities 2016: $157,485Net Assets 2016: $2,437,2982016Assets 2017: $2,581,285Liabilities 2017: $179,616Net Assets 2017: $2,401,6692017Assets 2018: $2,690,123Liabilities 2018: $373,971Net Assets 2018: $2,316,1522018Assets 2019: $2,860,868Liabilities 2019: $625,531Net Assets 2019: $2,235,3372019Assets 2020: $2,679,975Liabilities 2020: $469,086Net Assets 2020: $2,210,8892020Assets 2021: $3,029,527Liabilities 2021: $487,874Net Assets 2021: $2,541,6532021Assets 2022: $2,853,769Liabilities 2022: $360,899Net Assets 2022: $2,492,8702022Assets 2023: $2,576,941Liabilities 2023: $305,533Net Assets 2023: $2,271,4082023Assets 2024: $2,377,342Liabilities 2024: $276,326Net Assets 2024: $2,101,0162024

Highlighted filing

2022

Assets$2,853,769
Liabilities$360,899
Net Assets$2,492,870
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $291,2092010Expenses 2011: $270,2952011Expenses 2012: $314,8162012Revenue 2013: $779,115Expenses 2013: $127,547Net Income 2013: $651,5682013Revenue 2014: $10,269Expenses 2014: $91,314Net Income 2014: -$81,0452014Revenue 2015: $15,333Expenses 2015: $177,179Net Income 2015: -$161,8462015Revenue 2016: $14,612Expenses 2016: $64,809Net Income 2016: -$50,1972016Revenue 2017: $22,382Expenses 2017: $58,011Net Income 2017: -$35,6292017Revenue 2018: $38,167Expenses 2018: $123,684Net Income 2018: -$85,5172018Revenue 2019: $140,154Expenses 2019: $220,969Net Income 2019: -$80,8152019Revenue 2020: $77,684Expenses 2020: $102,132Net Income 2020: -$24,4482020Revenue 2021: $376,260Expenses 2021: $45,496Net Income 2021: $330,7642021Revenue 2022: $287,113Expenses 2022: $335,896Net Income 2022: -$48,7832022Revenue 2023: $187,152Expenses 2023: $408,614Net Income 2023: -$221,4622023Revenue 2024: $273,391Expenses 2024: $442,661Net Income 2024: -$169,2702024

Highlighted filing

2022

Revenue$287,113
Expenses$335,896
Net Income-$48,783
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$287,113
Mission and Program Overview

Mission

The corporation makes revolving loans available to local businesses to enhance redevelopment for the purpose of providing job opportunities and reducing unemployment. The corporation also participates in other econcomic development activities such as seeking grants, administering grants and other programs.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,011,069$2,011,069→ $0
Savings and Temporary Cash Investments$817,449$644,651▼ $172,798
Other Notes and Loans Receivable, Net$29,521$0▼ $29,521
Cash and Non-Interest-Bearing Accounts$28,219$28,219→ $0
Prepaid Expenses and Deferred Charges$4,549$0▼ $4,549
Total Assets$3,029,527$2,853,769▼ $175,758
Other Assets Total$138,720$169,830▲ $31,110
Liabilities
Other Liabilities$300,400$143,373▼ $157,027
Mortgage Notes Payable Secured by Investment Property$148,304$140,618▼ $7,686
Accounts Payable and Accrued Expenses$39,170$72,479▲ $33,309
Deferred Revenue-$4,429-
Total Liabilities$487,874$360,899▼ $126,975
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,733,528$1,684,745▼ $48,783
Net Assets With Donor Restrictions$808,125$808,125→ $0
Total Net Assets Fund Balance$2,541,653$2,492,870▼ $48,783
Total Liabilities and Net Assets / Fund Balance$3,029,527$2,853,769▼ $175,758

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,421,165-$1,421,165
Buildings$589,904--
Other Assets Org$169,830--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mark ToomeyCFOPT$16,580$16,580

Board Members and Trustees

NameTitle
Mayor Bill CollinsChairman
Denise ConklinVice Chair
Dr John CordesDirector
Jane ReidDirector
Mary GoodenDirector
Patrick Dowd April Through DecemberCEO
Susanne Kasitch Through March 31stCEO
Judy CalogeroSecretary
Lois RobinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$285,690
Program Service Revenue
$1,219
Investment Income
$204
Other Revenue
$0
All Other Contributions
$139,542
Change in Net Assets
$-48,783

Audited Revenue Reconciliation

Revenue per Audited Statements
$287,113
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$287,113
Total Revenue per Form 990
$287,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,266
Grants and Similar Amounts Paid$84,050
Salaries, Compensation, and Employee Benefits$16,580
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$84,050--$84,050
Insurance$2,488$17,702-$20,190
Current Officers, Directors, Trustees, and Key Employees-$16,580-$16,580
Fees for Services Accounting-$9,950-$9,950
Fees for Services Legal-$6,217-$6,217
Occupancy-$5,862-$5,862
Interest$1,492--$1,492
Other Expenses$78$130-$208
Office Expenses-$110-$110
Total Functional Expenses$259,655$76,241$0$335,896

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$335,896
Total Expenses per Audited Statements$335,896
Total Expenses per Form 990$335,896
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$143,373
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Financial records are reviewed by the chief financial officer and corrected, if necessary. The chief financial officer presents financial reports to the governing committee on a bi-monthly basis. The 990 is reviewed by the executive director and chief financial officer before submission. It is distributed to the governing committee when the audit is presented.”

Form 990, Part VI, Section B, Line 12C

“The purpose of the conflict of interest policy is to protect the interest and integrity of the organization's interests when it is contemplating entering into a transaction or arrangement that may benefit the private interest of a director, officer, member, or any employee. If the board of directors receives written notice of a potential or existing conflict, the person of interest may not participate in the deliberations or vote on any matter concerning the possible conflict of interest. The conflict of interest policy is reviewed, and amended as necessary, at the organization's annual meeting.”

Form 990, Part VI, Section C, Line 19

“All governing documents are posted in pdf format on the greater glens falls local development corporations's website in accordance with the paaa.”

Filing and Contact Details

Filer

Filer Name
Greater Glens Falls Local Development Co
EIN
14-1674747
Phone
5187613833
Address
42 RIDGE STREET, GLENS FALLS, NY 12801

Signing Officer

Name
Susanne Kasitch
Title
CEO
Phone
5187613833
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Dowd
Formed
1984
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Bonadio & Co Llp
Address
6 WEMBLEY CT, ALBANY, NY 12205
Preparer
Judith J Soro
Phone
5184644080
Supplemental Narrative

Additional Explanations

Form 990, Part 1, Line 1- Organization Mission or Significant Activities

“The corporation makes revolving loans available to local businesses to enhance redevelopment for the purpose of providing job opportunities and reducing unemployment. The corporation also participates in other econcomic development activities such as seeking grants, administering grants and other programs.”

Form 990, Part III, Line 1- Organization Mission

“The corporation makes revolving loans available to local businesses to enhance redevelopment for the purpose of providing job opportunities and reducing unemployment. The corporation also participates in other econcomic development activities such as seeking grants, administering grants and other programs.”

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IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04549
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0PATRICK DOWD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01219
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0371648
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0139
IRS990/PYOtherExpensesAmt036318
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04473
IRS990/PYRevenuesLessExpensesAmt0330764
IRS990/PYSalariesCompEmpBnftPaidAmt09178
IRS990/PYTotalExpensesAmt045496
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0376260
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-48783
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt029890
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0256816
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0817449
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0644651
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0589904
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0589904
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0335896
IRS990ScheduleD/LandGrp/BookValueAmt01421165
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01421165
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0169830
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM NYS DRI GRANT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0143373
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0287113
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02011069
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0169830
IRS990ScheduleD/TotalExpensesPerForm990Amt0335896
IRS990ScheduleD/TotalLiabilityAmt0143373
IRS990ScheduleD/TotalRevenuePerForm990Amt0287113
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0287113
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0335896
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt084050
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FUNDS FOR CREATION OF ART IN PUBLIC PLACES TO BEAUTIFY AND OR ENHANCE THE AREAS OF THE CITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION MAKES REVOLVING LOANS AVAILABLE TO LOCAL BUSINESSES TO ENHANCE REDEVELOPMENT FOR THE PURPOSE OF PROVIDING JOB OPPORTUNITIES AND REDUCING UNEMPLOYMENT. THE CORPORATION ALSO PARTICIPATES IN OTHER ECONCOMIC DEVELOPMENT ACTIVITIES SUCH AS SEEKING GRANTS, ADMINISTERING GRANTS AND OTHER PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION MAKES REVOLVING LOANS AVAILABLE TO LOCAL BUSINESSES TO ENHANCE REDEVELOPMENT FOR THE PURPOSE OF PROVIDING JOB OPPORTUNITIES AND REDUCING UNEMPLOYMENT. THE CORPORATION ALSO PARTICIPATES IN OTHER ECONCOMIC DEVELOPMENT ACTIVITIES SUCH AS SEEKING GRANTS, ADMINISTERING GRANTS AND OTHER PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL RECORDS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CORRECTED, IF NECESSARY. THE CHIEF FINANCIAL OFFICER PRESENTS FINANCIAL REPORTS TO THE GOVERNING COMMITTEE ON A BI-MONTHLY BASIS. THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER BEFORE SUBMISSION. IT IS DISTRIBUTED TO THE GOVERNING COMMITTEE WHEN THE AUDIT IS PRESENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTEREST AND INTEGRITY OF THE ORGANIZATION'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MAY BENEFIT THE PRIVATE INTEREST OF A DIRECTOR, OFFICER, MEMBER, OR ANY EMPLOYEE. IF THE BOARD OF DIRECTORS RECEIVES WRITTEN NOTICE OF A POTENTIAL OR EXISTING CONFLICT, THE PERSON OF INTEREST MAY NOT PARTICIPATE IN THE DELIBERATIONS OR VOTE ON ANY MATTER CONCERNING THE POSSIBLE CONFLICT OF INTEREST. THE CONFLICT OF INTEREST POLICY IS REVIEWED, AND AMENDED AS NECESSARY, AT THE ORGANIZATION'S ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS ARE POSTED IN PDF FORMAT ON THE GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATIONS'S WEBSITE IN ACCORDANCE WITH THE PAAA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART 1, LINE 1- ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1- ORGANIZATION MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF GLENS FALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CITY OF GLENS FALLS IDA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0146002198
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1146002198
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CITY GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1COMPONENT OF CITY GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt042 RIDGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt142 RIDGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GLENS FALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1GLENS FALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012801
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd112801
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0143172
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1200
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CITY OF GLENS FALLS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03029527
IRS990/TotalAssetsEOYAmt02853769
IRS990/TotalAssetsGrp/BOYAmt03029527
IRS990/TotalAssetsGrp/EOYAmt02853769
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0285690
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076241
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0259655
IRS990/TotalFunctionalExpensesGrp/TotalAmt0335896
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0487874
IRS990/TotalLiabilitiesEOYAmt0360899
IRS990/TotalLiabilitiesGrp/BOYAmt0487874
IRS990/TotalLiabilitiesGrp/EOYAmt0360899
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02541653
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02492870
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0259655
IRS990/TotalProgramServiceRevenueAmt01219
IRS990/TotalReportableCompFromOrgAmt016580
IRS990/TotalRevenueGrp/ExclusionAmt0204
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01219
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0287113
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,853,769
Liabilities
$360,899
Net assets
$2,492,870
Revenue
$287,113
Expenses
$335,896
Net income
-$48,783
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.38$0.28$2.10$0.27$0.44$0.17
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.31$2.27$0.19$0.41$0.22
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.36$2.49$0.29$0.34$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.03$0.49$2.54$0.38$0.05$0.33
2020Detailed filing. Detailed filing data is available for this year.$2.68$0.47$2.21$0.08$0.10$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.86$0.63$2.24$0.14$0.22$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.69$0.37$2.32$0.04$0.12$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.18$2.40$0.02$0.06$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.59$0.16$2.44$0.01$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.65$0.16$2.49$0.02$0.18$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.86$0.21$2.65$0.01$0.09$0.08
2013Detailed filing. Detailed filing data is available for this year.$3.39$0.33$3.06$0.78$0.13$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.40$2.41$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.01$1.90$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.58$2.11$0.29