Civic Intelligence

Lake Champlain-Lake George Regional Development Corporation

EIN 14-1725736 • 501(c)4 • Lake George, NY

Profile

Promote economic developement in a 5 county region

PO Box 765Lake George, NY 12845

lclgrpb.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

30th percentile

-10%

Higher net margin than 30% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-63%

Faster asset growth than 14% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

205%

Faster revenue growth than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$20,231

Down $33,869 (-63%) from 2023

Liabilities

Down

$0

Down $30,005 (-100%) from 2023

Net Assets

$20,231

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin30th percentile

Revenue

Up

$38,189

Up $25,660 (+205%) from 2023

Expenses

Up

$42,052

Up $36,341 (+636%) from 2023

Net Income

Down

-$3,863

Down $10,681 (-157%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$1.0M$500K$0-$500KAssets 2010: $562,132Liabilities 2010: $698,590Net Assets 2010: -$136,4582010Assets 2011: $458,859Liabilities 2011: $555,551Net Assets 2011: -$96,6922011Assets 2012: $402,812Liabilities 2012: $508,921Net Assets 2012: -$106,1092012Assets 2013: $356,544Liabilities 2013: $462,4092013Assets 2014: $314,786Liabilities 2014: $415,5032014Assets 2015: $273,479Liabilities 2015: $366,9062015Assets 2016: $282,492Liabilities 2016: $318,5712016Assets 2017: $286,868Liabilities 2017: $299,550Net Assets 2017: -$12,6822017Assets 2018: $217,610Liabilities 2018: $235,2882018Assets 2019: $182,450Liabilities 2019: $169,2252019Assets 2020: $137,407Liabilities 2020: $119,9182020Assets 2021: $110,924Liabilities 2021: $90,461Net Assets 2021: $20,4632021Assets 2022: $77,596Liabilities 2022: $60,319Net Assets 2022: $17,2772022Assets 2023: $54,100Liabilities 2023: $30,0052023Assets 2024: $20,231Liabilities 2024: $0Net Assets 2024: $20,2312024

Highlighted filing

2024

Assets$20,231
Liabilities$0
Net Assets$20,231
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$100K$50K$0-$50KExpenses 2010: $41,6412010Revenue 2011: $69,587Expenses 2011: $29,821Net Income 2011: $39,7662011Revenue 2012: $18,163Expenses 2012: $27,580Net Income 2012: -$9,4172012Revenue 2013: $40,684Expenses 2013: $40,440Net Income 2013: $2442013Revenue 2014: $26,392Expenses 2014: $21,244Net Income 2014: $5,1482014Revenue 2015: $23,838Expenses 2015: $16,548Net Income 2015: $7,2902015Revenue 2016: $81,327Expenses 2016: $23,979Net Income 2016: $57,3482016Revenue 2017: $36,374Expenses 2017: $12,977Net Income 2017: $23,3972017Revenue 2018: $26,722Expenses 2018: $11,519Net Income 2018: $15,2032018Revenue 2019: $27,407Expenses 2019: $12,304Net Income 2019: $15,1032019Revenue 2020: $9,854Expenses 2020: $5,590Net Income 2020: $4,2642020Revenue 2021: $10,377Expenses 2021: $7,403Net Income 2021: $2,9742021Revenue 2022: $2,660Expenses 2022: $5,902Net Income 2022: -$3,2422022Revenue 2023: $12,529Expenses 2023: $5,711Net Income 2023: $6,8182023Revenue 2024: $38,189Expenses 2024: $42,052Net Income 2024: -$3,8632024

Highlighted filing

2024

Revenue$38,189
Expenses$42,052
Net Income-$3,863
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$20,231
Liabilities
$0
Net assets
$20,231
Revenue
$38,189
Expenses
$42,052
Net income
-$3,863
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.38$0.42$0.04
2023Summary only. Only limited summary data is available for this year.$0.54$0.30$0.13$0.06$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.60$0.17$0.03$0.06$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.90$0.20$0.10$0.07$0.03
2020Summary only. Only limited summary data is available for this year.$1.37$1.20$0.10$0.06$0.04
2019Summary only. Only limited summary data is available for this year.$1.82$1.69$0.27$0.12$0.15
2018Summary only. Only limited summary data is available for this year.$2.18$2.35$0.27$0.12$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$3.00$0.13$0.36$0.13$0.23
2016Summary only. Only limited summary data is available for this year.$2.82$3.19$0.81$0.24$0.57
2015Summary only. Only limited summary data is available for this year.$2.73$3.67$0.24$0.17$0.07
2014Summary only. Only limited summary data is available for this year.$3.15$4.16$0.26$0.21$0.05
2013Summary only. Only limited summary data is available for this year.$3.57$4.62$0.41$0.40$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$5.09$1.06$0.18$0.28$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$5.56$0.97$0.70$0.30$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$6.99$1.36$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.0
Gross Receipts
$38,189
Mission and Program Overview

Mission

The organization's exempt purpose is to promote, initiate, encourage and effect economic development projects in the new york state counties of clinton, essex, hamilton, warren and washington.

Promote economic developement in a 5 county region

Program Services

DescriptionGrantsExpenses
the organization has contributed to the public interest through the insurance of over 5 million dollars in loans to businesses throughout the 5 county service area promoting economic developement and the creation of or retention of jobs. The organization also aided local business with COVID resiliency$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David O'BrienChairman-$0--
John StroughVice Chairman-$0--
Beth HuntSecretary-$0--
Albert NoletteTreasurer-$0--
Elizabeth GillesBoard Member-$0--
Margaret WoodBoard Member-$0--
Shannon ThayerBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lake Champlain-lake George Regional Development Corporation
EIN
14-1725736
Phone
5186685773
Address
PO Box 765, Lake George, NY 12845

Signing Officer

Name
Elizabeth Gilles
Title
Executive Director
Phone
5186685773
Signed
2025-04-24
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Interest Income”

Form 990-EZ, Part I, Line 16

“Bad Debt”

Raw XML Appendix144 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Albert Nolette
IRS990EZ/BooksInCareOfDetail/PhoneNum05187462224
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0383 Broadway
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fort Edward
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012828
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt051244
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020231
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-3863
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03925
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054099
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020231
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt038189
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024094
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020231
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024094
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020231
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David O'Brien
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1John Strough
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Beth Hunt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Albert Nolette
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Elizabeth Gilles
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Margaret Wood
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Shannon Thayer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02855
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt038127
IRS990EZ/OtherRevenueTotalAmt038140
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Promote economic developement in a 5 county region
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt049
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0the organization has contributed to the public interest through the insurance of over 5 million dollars in loans to businesses throughout the 5 county service area promoting economic developement and the creation of or retention of jobs. The organization also aided local business with COVID resiliency
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt030005
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt042052
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt038189
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0lclgrpb.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest Income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bad Debt
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Gilles
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05186685773
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE CHAMPLAIN-LAKE GEORGE REGIONAL DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0141725736
ReturnHeader/Filer/PhoneNum05186685773
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 765
ReturnHeader/Filer/USAddress/CityNm0Lake George
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012845
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-13T09:50:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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