Civic Intelligence

Partnership for Economic Development in Sullivan County Inc

990 • Fiscal year 2016 • EIN 14-1767900

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 16, 2017

198 Bridgeville RoadMonticello, NY 12701

(845) 794-1110

Siviq Scores

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

Liabilities / Assets

49th percentile

0.07x

Higher debt load relative to assets than 49% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.12x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

38th percentile

0.8%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$126,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 32.8% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

31st percentile

-2.1%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

17%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$607,135

Down $13,209 (-2.1%) from 2015

Net Assets

Up

$562,572

Up $3,097 (+0.6%) from 2015

Liabilities

Down

$44,563

Down $16,306 (-27%) from 2015

Revenue

Up

$384,231

Up $55,538 (+17%) from 2015

Expenses

Down

$381,134

Down $18,883 (-4.7%) from 2015

Net Income

Up

$3,097

Up $74,421 (+104%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $793,710Liabilities 2011: $42,895Net Assets 2011: $750,8152011Assets 2012: $736,954Liabilities 2012: $52,858Net Assets 2012: $684,0962012Assets 2013: $764,678Liabilities 2013: $64,103Net Assets 2013: $700,5752013Assets 2014: $685,696Liabilities 2014: $54,897Net Assets 2014: $630,7992014Assets 2015: $620,344Liabilities 2015: $60,869Net Assets 2015: $559,4752015Assets 2016: $607,135Liabilities 2016: $44,563Net Assets 2016: $562,5722016Assets 2017: $617,650Liabilities 2017: $57,332Net Assets 2017: $560,3182017Assets 2018: $706,230Liabilities 2018: $113,717Net Assets 2018: $592,5132018Assets 2019: $639,062Liabilities 2019: $6,881Net Assets 2019: $632,1812019Assets 2020: $681,485Liabilities 2020: $0Net Assets 2020: $681,4852020Assets 2021: $756,951Liabilities 2021: $12,360Net Assets 2021: $744,5912021Assets 2022: $835,183Liabilities 2022: $44,344Net Assets 2022: $790,8392022Assets 2023: $922,648Liabilities 2023: $48,546Net Assets 2023: $874,1022023

Highlighted filing

2016

Assets$607,135
Liabilities$44,563
Net Assets$562,572

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $221,7062011Expenses 2012: $235,1602012Revenue 2013: $265,140Expenses 2013: $248,661Net Income 2013: $16,4792013Revenue 2014: $319,051Expenses 2014: $388,827Net Income 2014: -$69,7762014Revenue 2015: $328,693Expenses 2015: $400,017Net Income 2015: -$71,3242015Revenue 2016: $384,231Expenses 2016: $381,134Net Income 2016: $3,0972016Revenue 2017: $356,591Expenses 2017: $358,845Net Income 2017: -$2,2542017Revenue 2018: $639,429Expenses 2018: $607,234Net Income 2018: $32,1952018Revenue 2019: $440,697Expenses 2019: $401,029Net Income 2019: $39,6682019Revenue 2020: $458,958Expenses 2020: $422,154Net Income 2020: $36,8042020Revenue 2021: $447,139Expenses 2021: $384,033Net Income 2021: $63,1062021Revenue 2022: $485,669Expenses 2022: $439,421Net Income 2022: $46,2482022Revenue 2023: $553,563Expenses 2023: $470,300Net Income 2023: $83,2632023

Highlighted filing

2016

Revenue$384,231
Expenses$381,134
Net Income$3,097
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 16, 2017
Return Version
2016v3.0
Gross Receipts
$430,271
Mission and Program Overview

Mission

Promote economic development in sullivan county, new york

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$335,691$371,259▲ $35,568
Other Notes and Loans Receivable, Net$278,823$217,516▼ $61,307
Accounts Receivable-$11,750-
Prepaid Expenses and Deferred Charges$3,189$4,975▲ $1,786
Land, Buildings, and Equipment, Net$2,641$1,635▼ $1,006
Total Assets$620,344$607,135▼ $13,209
Liabilities
Deferred Revenue$59,013$40,700▼ $18,313
Accounts Payable and Accrued Expenses$1,856$3,863▲ $2,007
Total Liabilities$60,869$44,563▼ $16,306
Net Assets / Fund Balance
Temporarily Rstr Net Assets$496,447$451,298▼ $45,149
Unrestricted Net Assets$63,028$111,274▲ $48,246
Total Net Assets Fund Balance$559,475$562,572▲ $3,097
Total Liabilities and Net Assets / Fund Balance$620,344$607,135▼ $13,209

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,635$56,607$58,242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marc BaezPresidentFT$126,000$126,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$150,000
Program Service Revenue
$195,570
Investment Income
$5,569
Other Revenue
$33,092
Change in Net Assets
$3,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$206,622
Other Expenses$174,512
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$126,000--$126,000
Other Salaries and Wages$28,000$46,000-$74,000
Advertising$39,854--$39,854
Occupancy-$21,300-$21,300
Office Expenses-$10,329-$10,329
Conferences and Meetings$8,218--$8,218
Fees for Services Legal$7,617--$7,617
Payroll Taxes$3,103$3,519-$6,622
Insurance$3,697$1,780-$5,477
All Other Expenses$1,300$1,737-$3,037
Other Expenses$4,349$2,839-$2,839
Fees for Services Accounting-$2,000-$2,000
Travel$1,208--$1,208
Depreciation Depletion-$1,006-$1,006
Total Functional Expenses$288,494$92,640$0$381,134
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,375
Fundraising Direct Expenses$46,040
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$53,865$53,865$18,679$35,186
Sullivan United/seqra$12,510$12,510$1,127$11,383
Total Events$66,375$66,375$46,040$20,335
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Conflict-of-interest policy
No
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 return and review report are presented to the board at a board meeting. At that time, the board reviews and approves the documents.

Form 990, Part VI, Section B, Line 15A

Compensation agreements are reviewed and approved by the board

Form 990, Part VI, Section C, Line 19

The return and documents are available upon request

Filing and Contact Details

Filer

Filer Name
Partnership for Economic
EIN
14-1767900
Phone
8457941110
Address
198 BRIDGEVILLE ROAD, MONTICELLO, NY 12701

Signing Officer

Name
Marc Baez
Title
President
Phone
8457941110
Signed
2017-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Baez
Formed
1994
Legal Domicile
Ny
Voting Board Members
29
Independent Board Members
29
Employees
2
Volunteers
0

Preparer

Firm
Cooper Arias Llp
Address
892 RT 17B PO BOX 190, MONGAUP VALLEY, NY 12762
Preparer
Andrew J Arias CPA
Phone
8457961800
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt046040
IRS990/FundraisingGrossIncomeAmt066375
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt029
IRS990/GovernmentGrantsAmt0150000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0430271
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt029
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01780
IRS990/InsuranceGrp/ProgramServicesAmt03697
IRS990/InsuranceGrp/TotalAmt05477
IRS990/InvestmentIncomeGrp/ExclusionAmt097
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05472
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05569
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt056607
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02641
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01635
IRS990/LandBldgEquipCostOrOtherBssAmt058242
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE ECONOMIC DEVELOPMENT IN SULLIVAN COUNTY, NEW YORK
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0559475
IRS990/NetAssetsOrFundBalancesEOYAmt0562572
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt020335
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt020335
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021300
IRS990/OccupancyGrp/TotalAmt021300
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010329
IRS990/OfficeExpensesGrp/TotalAmt010329
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TELEPHONE EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02130
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12839
IRS990/OtherExpensesGrp/ProgramServicesAmt054036
IRS990/OtherExpensesGrp/ProgramServicesAmt111112
IRS990/OtherExpensesGrp/ProgramServicesAmt24349
IRS990/OtherExpensesGrp/TotalAmt054036
IRS990/OtherExpensesGrp/TotalAmt111112
IRS990/OtherExpensesGrp/TotalAmt26479
IRS990/OtherExpensesGrp/TotalAmt32839
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012757
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012757
IRS990/OtherRevenueTotalAmt012757
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt028000
IRS990/OtherSalariesAndWagesGrp/TotalAmt074000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0278823
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0217516
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03519
IRS990/PayrollTaxesGrp/ProgramServicesAmt03103
IRS990/PayrollTaxesGrp/TotalAmt06622
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04975
IRS990/PrincipalOfficerNm0MARC BAEZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0195570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0195570
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0150000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05151
IRS990/PYOtherExpensesAmt0153626
IRS990/PYOtherRevenueAmt046992
IRS990/PYProgramServiceRevenueAmt0126550
IRS990/PYRevenuesLessExpensesAmt0-71324
IRS990/PYSalariesCompEmpBnftPaidAmt0246391
IRS990/PYTotalExpensesAmt0400017
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0328693

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$9.23$0.49$8.74$5.54$4.70$0.83
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.35$0.44$7.91$4.86$4.39$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.57$0.12$7.45$4.47$3.84$0.63
2020Summary only. Only limited summary data is available for this year.$6.81$0.00$6.81$4.59$4.22$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.39$0.07$6.32$4.41$4.01$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.06$1.14$5.93$6.39$6.07$0.32
2017Summary only. Only limited summary data is available for this year.$6.18$0.57$5.60$3.57$3.59$0.02
2016Detailed filing. Detailed filing data is available for this year.$6.07$0.45$5.63$3.84$3.81$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.61$5.59$3.29$4.00$0.71
2014Detailed filing. Detailed filing data is available for this year.$6.86$0.55$6.31$3.19$3.89$0.70
2013Detailed filing. Detailed filing data is available for this year.$7.65$0.64$7.01$2.65$2.49$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.37$0.53$6.84$2.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.94$0.43$7.51$2.22
Peer Organizations

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