Civic Intelligence

Lake Placidnorth Elba Historical

EIN 14-6032009 • 501(c)3 • Lake Placid, NY

Profile

The Lake Placid-North Elba Historical Society aims to serve the community of Lake Placid (New York) by preserving, collecting, and exhibiting our community's history and by serving as an educational resource for our commmunity and for our visitors. The Society tells the stories of local citizens, events, and tourism in our region.

P O Box 189Lake Placid, NY 12946

www.lakeplacidhistory.com

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.00x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

115%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$382,067

Up $129,868 (+51%) from 2023

Liabilities

Down

$1,764

Down $302 (-15%) from 2023

Net Assets

$380,303

No earlier filing loaded for comparison.

Revenue

Up

$362,542

Up $193,821 (+115%) from 2023

Expenses

Up

$242,947

Up $136,136 (+127%) from 2023

Net Income

Up

$119,595

Up $57,685 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $80,544Liabilities 2011: $7532011Assets 2012: $77,288Liabilities 2012: $810Net Assets 2012: $76,4782012Assets 2013: $103,816Liabilities 2013: $1,115Net Assets 2013: $102,7012013Assets 2014: $118,786Liabilities 2014: $1,0472014Assets 2015: $112,532Liabilities 2015: $604Net Assets 2015: $111,9282015Assets 2016: $127,884Liabilities 2016: $8,7422016Assets 2017: $126,116Liabilities 2017: $1,015Net Assets 2017: $125,1012017Assets 2018: $162,530Liabilities 2018: $7732018Assets 2019: $159,704Liabilities 2019: $1,915Net Assets 2019: $157,7892019Assets 2020: $182,168Liabilities 2020: $748Net Assets 2020: $181,4202020Assets 2021: $230,120Liabilities 2021: $22Net Assets 2021: $230,0982021Assets 2022: $176,097Liabilities 2022: $1,188Net Assets 2022: $174,9092022Assets 2023: $252,199Liabilities 2023: $2,0662023Assets 2024: $382,067Liabilities 2024: $1,764Net Assets 2024: $380,3032024

Highlighted filing

2024

Assets$382,067
Liabilities$1,764
Net Assets$380,303

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $65,978Expenses 2011: $86,222Net Income 2011: -$20,2442011Revenue 2012: $56,868Expenses 2012: $65,906Net Income 2012: -$9,0382012Revenue 2013: $80,031Expenses 2013: $64,346Net Income 2013: $15,6852013Revenue 2014: $110,227Expenses 2014: $95,323Net Income 2014: $14,9042014Revenue 2015: $76,217Expenses 2015: $78,097Net Income 2015: -$1,8802015Revenue 2016: $97,010Expenses 2016: $93,028Net Income 2016: $3,9822016Revenue 2017: $79,960Expenses 2017: $84,638Net Income 2017: -$4,6782017Revenue 2018: $118,320Expenses 2018: $71,539Net Income 2018: $46,7812018Revenue 2019: $89,719Expenses 2019: $107,764Net Income 2019: -$18,0452019Revenue 2020: $81,609Expenses 2020: $80,186Net Income 2020: $1,4232020Revenue 2021: $114,427Expenses 2021: $84,145Net Income 2021: $30,2822021Revenue 2022: $95,614Expenses 2022: $122,687Net Income 2022: -$27,0732022Revenue 2023: $168,721Expenses 2023: $106,811Net Income 2023: $61,9102023Revenue 2024: $362,542Expenses 2024: $242,947Net Income 2024: $119,5952024

Highlighted filing

2024

Revenue$362,542
Expenses$242,947
Net Income$119,595

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.82$0.02$3.80$3.63$2.43$1.20
2023Summary only. Only limited summary data is available for this year.$2.52$0.02$1.69$1.07$0.62
2022Detailed filing. Detailed filing data is available for this year.$1.76$0.01$1.75$0.96$1.23$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$1.14$0.84$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.01$1.81$0.82$0.80$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.60$0.02$1.58$0.90$1.08$0.18
2018Summary only. Only limited summary data is available for this year.$1.63$0.01$1.18$0.72$0.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.01$1.25$0.80$0.85$0.05
2016Summary only. Only limited summary data is available for this year.$1.28$0.09$0.97$0.93$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.01$1.12$0.76$0.78$0.02
2014Summary only. Only limited summary data is available for this year.$1.19$0.01$1.10$0.95$0.15
2013Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$0.80$0.64$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.01$0.76$0.57$0.66$0.09
2011Summary only. Only limited summary data is available for this year.$0.81$0.01$0.66$0.86$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$365,034
Mission and Program Overview

Mission

The Lake Placid-North Elba Historical Society aims to serve the community of Lake Placid (New York) by preserving, collecting, and exhibiting our community's history and by serving as an educational resource for our commmunity and for our visitors. The Society tells the stories of local citizens, events, and tourism in our region.

Our mission is to preserve and present our community's history in ways that are educational and enriching for residents and visitors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$155,650$328,360▲ $172,710
Rtn Earn Endowment Incm Other Fnds$0$130,170▲ $130,170
Cash and Non-Interest-Bearing Accounts$96,549$53,707▼ $42,842
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$252,199$382,067▲ $129,868
Liabilities
Accounts Payable and Accrued Expenses$2,066$1,764▼ $302
Total Liabilities$2,066$1,764▼ $302
Net Assets / Fund Balance
Total Net Assets Fund Balance$250,133$380,303▲ $130,170
Total Liabilities and Net Assets / Fund Balance$252,199$382,067▲ $129,868

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$328,360--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$80,699
Program Service Revenue
$26,420
Investment Income
$249,310
Other Revenue
$6,113
All Other Contributions
$80,699
Change in Net Assets
$119,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,281
Salaries, Compensation, and Employee Benefits$72,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$60,422$6,714-$67,136
Insurance$28,113$3,124-$31,237
Occupancy$13,354$1,484-$14,838
Fees for Services Accounting-$7,032-$7,032
Payroll Taxes$4,977$553-$5,530
Office Expenses$4,741$527-$5,268
Advertising$1,990--$1,990
Other Expenses$808$375-$375
All Other Expenses$169--$169
Total Functional Expenses$223,048$19,899$0$242,947
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,068
Fundraising Direct Expenses$2,492
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, line 6

The Organization offers Memberships to the general public.

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

Form 990 is provided to Board for review prior to filing

Form 990, Part VI, Section C, line 18

The Organization's Form 1023, Form 990, etc are made avaialable to the public upon request.

Form 990, Part VI, Section C, line 19

The Organization's governing documents, conflict of interest polcy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lake PlacidNorth Elba Historical
EIN
14-6032009
Phone
5185231608
Address
P O Box 189, Lake Placid, NY 12946

Signing Officer

Name
John B Huttlinger jr
Title
Treasurer
Phone
5188911630
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Perry Babcock
Formed
1948
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
3
Volunteers
22

Preparer

Firm
Adirondack Audit Co Inc
Address
2284 Saranac Ave Suite Six, Lake Placid, NY 12946
Preparer
John B Huttlinger Jr
Phone
5188911630
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OccupancyGrp/ManagementAndGeneralAmt01484
IRS990/OccupancyGrp/ProgramServicesAmt013354
IRS990/OccupancyGrp/TotalAmt014838
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0527
IRS990/OfficeExpensesGrp/ProgramServicesAmt04741
IRS990/OfficeExpensesGrp/TotalAmt05268
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Museum Renovation Expen
IRS990/OtherExpensesGrp/Desc1Program Expenses
IRS990/OtherExpensesGrp/Desc2Dues, Memberships
IRS990/OtherExpensesGrp/Desc3Investment Management F
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt090
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1375
IRS990/OtherExpensesGrp/ProgramServicesAmt0106132
IRS990/OtherExpensesGrp/ProgramServicesAmt12342
IRS990/OtherExpensesGrp/ProgramServicesAmt2808
IRS990/OtherExpensesGrp/TotalAmt0106132
IRS990/OtherExpensesGrp/TotalAmt12342
IRS990/OtherExpensesGrp/TotalAmt2898
IRS990/OtherExpensesGrp/TotalAmt3375
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0537
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0537
IRS990/OtherRevenueTotalAmt0537
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06714
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060422
IRS990/OtherSalariesAndWagesGrp/TotalAmt067136
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0553
IRS990/PayrollTaxesGrp/ProgramServicesAmt04977
IRS990/PayrollTaxesGrp/TotalAmt05530
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Perry Babcock
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc1Museum and Programs
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13600
IRS990/ProgSrvcAccomActy2Grp/Desc0Offering various lectures and programs to inform the public about local history and legacy
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0726
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0515
IRS990/ProgSrvcAccomActy3Grp/Desc0Encouraging public participation by offering membership in the the Organization and offering hands-on activities such as history-related scavenger hunts, tours of historical places, participation in history themed events, such as legacy golf tournaments, etc.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0646
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt023510
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0119595
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02395
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0130170
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0184199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0153157
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089347
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt079219
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt075562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0581484
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03332
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04286
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt031442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03402
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt016268
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04286
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt031442
IRS990ScheduleA/InvestmentIncomeCYPct00.05000
IRS990ScheduleA/InvestmentIncomePYPct00.05430
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95000
IRS990ScheduleA/PublicSupportPY509Pct00.94570
IRS990ScheduleA/PublicSupportTotal509Amt0597752
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0187284
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0157952
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt092749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt082334
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt077433
IRS990ScheduleA/Total509Grp/TotalAmt0597752
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0195613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0164272
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt096081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt091509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt081719
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0629194
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/OtherSecuritiesGrp/BookValueAmt0328360
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Investment Funds
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0328360
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization offers Memberships to the general public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is provided to Board for review prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization's Form 1023, Form 990, etc are made avaialable to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization's governing documents, conflict of interest polcy, and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00

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