Civic Intelligence

Commerce Chenango Inc

990 • Fiscal year 2023 • EIN 15-0402540

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

15 South Broad StreetNorwich, NY 13815

(607) 334-1400

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$200,129

Flat from 2023

Net Assets

Flat

-$35,524

Flat from 2023

Liabilities

Flat

$235,653

Flat from 2023

Revenue And Expenses

Revenue

Flat

$691,467

Flat from 2023

Expenses

Flat

$749,788

Flat from 2023

Net Income

Flat

-$58,321

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $179,971Liabilities 2011: $174,124Net Assets 2011: $5,8472011Assets 2012: $180,193Liabilities 2012: $101,453Net Assets 2012: $78,7402012Assets 2013: $275,113Liabilities 2013: $115,342Net Assets 2013: $159,7712013Assets 2014: $299,419Liabilities 2014: $147,540Net Assets 2014: $151,8792014Assets 2015: $286,192Liabilities 2015: $161,738Net Assets 2015: $124,4542015Assets 2016: $262,510Liabilities 2016: $153,641Net Assets 2016: $108,8692016Assets 2017: $263,765Liabilities 2017: $156,123Net Assets 2017: $107,6422017Assets 2018: $263,873Liabilities 2018: $158,469Net Assets 2018: $105,4042018Assets 2019: $130,483Liabilities 2019: $26,350Net Assets 2019: $104,1332019Assets 2020: $238,319Liabilities 2020: $172,401Net Assets 2020: $65,9182020Assets 2021: $222,678Liabilities 2021: $190,283Net Assets 2021: $32,3952021Assets 2022: $195,612Liabilities 2022: $172,815Net Assets 2022: $22,7972022Assets 2023: $200,129Liabilities 2023: $235,653Net Assets 2023: -$35,5242023Assets 2023: $200,129Liabilities 2023: $235,653Net Assets 2023: -$35,5242023Assets 2024: $116,005Liabilities 2024: $192,827Net Assets 2024: -$76,8222024

Highlighted filing

2023

Assets$200,129
Liabilities$235,653
Net Assets-$35,524

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $590,3912011Expenses 2012: $524,9142012Expenses 2013: $518,9872013Revenue 2014: $519,642Expenses 2014: $530,139Net Income 2014: -$10,4972014Revenue 2015: $499,361Expenses 2015: $526,787Net Income 2015: -$27,4262015Revenue 2016: $550,347Expenses 2016: $565,932Net Income 2016: -$15,5852016Revenue 2017: $529,115Expenses 2017: $530,342Net Income 2017: -$1,2272017Revenue 2018: $502,112Expenses 2018: $504,350Net Income 2018: -$2,2382018Revenue 2019: $504,728Expenses 2019: $505,999Net Income 2019: -$1,2712019Revenue 2020: $434,222Expenses 2020: $472,437Net Income 2020: -$38,2152020Revenue 2021: $509,310Expenses 2021: $542,833Net Income 2021: -$33,5232021Revenue 2022: $733,569Expenses 2022: $743,167Net Income 2022: -$9,5982022Revenue 2023: $691,467Expenses 2023: $749,788Net Income 2023: -$58,3212023Revenue 2023: $691,467Expenses 2023: $749,788Net Income 2023: -$58,3212023Revenue 2024: $758,786Expenses 2024: $803,564Net Income 2024: -$44,7782024

Highlighted filing

2023

Revenue$691,467
Expenses$749,788
Net Income-$58,321
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$691,467
Mission and Program Overview

Mission

To serve our members and the people of chenango county through partnership with businesses and all levels of government, to leverage resources for sustainable economic growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$61,961$74,903▲ $12,942
Land, Buildings, and Equipment, Net$84,191$72,304▼ $11,887
Accounts Receivable$3,276$38,732▲ $35,456
Prepaid Expenses and Deferred Charges$8,985$8,363▼ $622
Savings and Temporary Cash Investments$37,199$5,827▼ $31,372
Total Assets$195,612$200,129▲ $4,517
Liabilities
Unsecured Notes Loans Payable$147,914$143,942▼ $3,972
Mortgage Notes Payable Secured by Investment Property$7,103$57,625▲ $50,522
Accounts Payable and Accrued Expenses$15,385$24,272▲ $8,887
Deferred Revenue$2,413$9,814▲ $7,401
Total Liabilities$172,815$235,653▲ $62,838
Net Assets / Fund Balance
Net Assets With Donor Restrictions$96,271$96,271→ $0
Net Assets Without Donor Restrictions$-73,474$-131,795▼ $58,321
Total Net Assets Fund Balance$22,797$-35,524▼ $58,321
Total Liabilities and Net Assets / Fund Balance$195,612$200,129▲ $4,517

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$64,252$54,766$119,018
Equipment$8,052$39,586$47,638
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Salvatore TestaniPresident/executive DirectorFT$84,539$32,297$116,836

Board Members and Trustees

NameTitle
Julia MillerChair
Luke MurphyPresident Chair
Philip WadeVice Chair
Brian BurtonDirector
George SeneckDirector
John CammarataDirector
MICHAEL O'REILLYDirector
Melissa StagnaroDirector
Michael FlananganDirector
Michael KennanDirector
Missy BeersDirector
Peter LennonDirector
Reuben RoachDirector
Scott RyanDirector
Shane ButlerDirector
Robert MurrerSecretary
Kurt EdwardsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$691,429
Investment Income
$17
Other Revenue
$21
Change in Net Assets
$-58,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$403,422
Salaries, Compensation, and Employee Benefits$346,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$198,447
Advertising---$183,917
Current Officers, Directors, Trustees, and Key Employees---$118,864
Fees for Services Accounting---$56,917
Occupancy---$28,270
Payroll Taxes---$23,950
Conferences and Meetings---$20,999
Office Expenses---$16,993
Other Expenses---$13,641
Depreciation Depletion---$11,887
Interest---$6,968
All Other Expenses---$4,657
Insurance---$3,769
Other Employee Benefits---$3,752
Fees for Services Other---$2,475
Pension Plan Contributions---$1,353
Travel---$1,159
Total Functional Expenses$0$0$0$749,788
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The finance committee, management, and the external auditors review the form 990 together before the tax return is approved and filed.

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

The organization has a conflict of interest policy that is reviewed annually by the board.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Commerce Chenango Inc
EIN
15-0402540
Phone
6073341400
Address
15 SOUTH BROAD STREET, NORWICH, NY 13815

Signing Officer

Name
Kurt Edwards
Title
Treasurer
Phone
6073341400
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Edwards
Formed
1959
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
8
Volunteers
17

Preparer

Firm
Insero & Co Cpas Llp
Address
20 THORNWOOD DRIVE, ITHACA, NY 14850
Preparer
Duane Shoen
Phone
6072724444
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 11, PART X, LINE 24:

On may 27, 2020 the sba authorized a loan to commerce chenango, inc. For the amount of $149,900. Payments will begin 12 months from the date of the promissory note and will be $641 monthly, including principal and interest. Interest will accrue at the rate of 2.75% per annum and will accrue only on funds actually advanced from the date of each advance.

Form 990, Page 12, Part XII, Line 2C

The process for audit oversight has not changed from the prior year.

Raw XML AppendixShowing 400 of 484 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015385
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024272
IRS990/AccountsReceivableGrp/BOYAmt03276
IRS990/AccountsReceivableGrp/EOYAmt038732
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SERVE OUR MEMBERS AND THE PEOPLE OF CHENANGO COUNTY THROUGH PARTNERSHIP WITH BUSINESSES AND ALL LEVELS OF GOVERNMENT, TO LEVERAGE RESOURCES FOR SUSTAINABLE ECONOMIC GROWTH.
IRS990/AdvertisingGrp/TotalAmt0183917
IRS990/AllOtherExpensesGrp/TotalAmt04657
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06073341400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015 SOUTH BROAD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORWICH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013815
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt061961
IRS990/CashNonInterestBearingGrp/EOYAmt074903
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0118864
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt020999
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017
IRS990/CYOtherExpensesAmt0403422
IRS990/CYOtherRevenueAmt021
IRS990/CYProgramServiceRevenueAmt0691429
IRS990/CYRevenuesLessExpensesAmt0-58321
IRS990/CYSalariesCompEmpBnftPaidAmt0346366
IRS990/CYTotalExpensesAmt0749788
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0691467
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02413
IRS990/DeferredRevenueGrp/EOYAmt09814
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt011887
IRS990/Desc0ECONOMIC DEVELOPMENT - PROGRAMS TO PROVIDE ADMINISTRATIVE SERVICES TO NOT-FOR-PROFIT ORGANIZATIONS WHICH HAVE A SIMILAR MISSION TO COMMERCE CHENANGO. THE SERVICES MAY INCLUDE, BUT ARE NOT LIMITED TO, PERSONNEL MANAGEMENT, FISCAL MANAGEMENT, AND USE OF OFFICE FACILITIES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt096271
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt096271
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt056917
IRS990/FeesForServicesOtherGrp/TotalAmt02475
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1021.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1732297
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN BURTON
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE SENECK
IRS990/Form990PartVIISectionAGrp/PersonNm2SHANE BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm3KURT EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm4MISSY BEERS
IRS990/Form990PartVIISectionAGrp/PersonNm5JULIA MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA STAGNARO
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT MURRER
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN CAMMARATA
IRS990/Form990PartVIISectionAGrp/PersonNm10PHILIP WADE
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL O'REILLY
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL KENNAN
IRS990/Form990PartVIISectionAGrp/PersonNm13LUKE MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL FLANANGAN
IRS990/Form990PartVIISectionAGrp/PersonNm15PETER LENNON
IRS990/Form990PartVIISectionAGrp/PersonNm16REUBEN ROACH
IRS990/Form990PartVIISectionAGrp/PersonNm17SALVATORE TESTANI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1784539
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT/EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01959
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0691467
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InsuranceGrp/TotalAmt03769
IRS990/InterestGrp/TotalAmt06968
IRS990/InvestmentIncomeGrp/ExclusionAmt017
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt094352
IRS990/LandBldgEquipBasisNetGrp/BOYAmt084191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt072304
IRS990/LandBldgEquipCostOrOtherBssAmt0166656
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SERVE OUR MEMBERS AND THE PEOPLE OF CHENANGO COUNTY THROUGH PARTNERSHIP WITH BUSINESSES AND ALL LEVELS OF GOVERNMENT, TO LEVERAGE RESOURCES FOR SUSTAINABLE ECONOMIC GROWTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07103
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt057625
IRS990/NetAssetsOrFundBalancesBOYAmt022797
IRS990/NetAssetsOrFundBalancesEOYAmt0-35524
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-73474
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-131795
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt028270
IRS990/OfficeExpensesGrp/TotalAmt016993
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03752
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc1PROGRAM SPECIFIC SUPPLI
IRS990/OtherExpensesGrp/Desc2MEMBER SERVICE COST
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/TotalAmt019653
IRS990/OtherExpensesGrp/TotalAmt117508
IRS990/OtherExpensesGrp/TotalAmt214609
IRS990/OtherExpensesGrp/TotalAmt313641
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt021
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021
IRS990/OtherRevenueTotalAmt021
IRS990/OtherSalariesAndWagesGrp/TotalAmt0198447
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt023950
IRS990/PensionPlanContributionsGrp/TotalAmt01353
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08985
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08363
IRS990/PrincipalOfficerNm0KURT EDWARDS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATIVE SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1TOURISM CONTRACT
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/Desc4OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0178261
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1126420
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2125306
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3124098
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt456275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0178261
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1126420
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2125306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3124098
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt456275
IRS990/ProgSrvcAccomActy2Grp/Desc0TOURISM - MEMBERSHIP PROGRAMS DESIGNED TO PROMOTE MEMBER ORGANIZATIONS, THE ECONOMIC WELL-BEING OF THE COMMUNITY, AND THE NATURAL BEAUTY OF CHENANGO COUNTY, ADMINISTRATION OF "I LOVE NEW YORK" GRANT AND NEW YORK TOURISM GRANTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0SPECIAL EVENTS - MEMBER PROGRAMS DESIGNED TO PROMOTE COMMUNITY AND NETWORKING OPPORTUNITIES FOR MEMBERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046
IRS990/PYOtherExpensesAmt0413662
IRS990/PYOtherRevenueAmt030000
IRS990/PYProgramServiceRevenueAmt0703523
IRS990/PYRevenuesLessExpensesAmt0-9598
IRS990/PYSalariesCompEmpBnftPaidAmt0329505
IRS990/PYTotalExpensesAmt0743167
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0733569
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-58321
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037199
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05827
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt064252
IRS990ScheduleD/BuildingsGrp/DepreciationAmt054766
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0119018
IRS990ScheduleD/EquipmentGrp/BookValueAmt08052
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039586
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047638
IRS990ScheduleD/TotalBookValueLandBuildingsAmt072304
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCE COMMITTEE, MANAGEMENT, AND THE EXTERNAL AUDITORS REVIEW THE FORM 990 TOGETHER BEFORE THE TAX RETURN IS APPROVED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS REVIEWED ANNUALLY BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON MAY 27, 2020 THE SBA AUTHORIZED A LOAN TO COMMERCE CHENANGO, INC. FOR THE AMOUNT OF $149,900. PAYMENTS WILL BEGIN 12 MONTHS FROM THE DATE OF THE PROMISSORY NOTE AND WILL BE $641 MONTHLY, INCLUDING PRINCIPAL AND INTEREST. INTEREST WILL ACCRUE AT THE RATE OF 2.75% PER ANNUM AND WILL ACCRUE ONLY ON FUNDS ACTUALLY ADVANCED FROM THE DATE OF EACH ADVANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR AUDIT OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 11, PART X, LINE 24:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMMERCE CHENANGO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE CHENANGO FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1DEVELOPMENT CHENANGO CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222978502
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1161264689
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTE CHARITABLE AND EDUCATIONAL ACTIVITIES FOR CHENANGO COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1BUSINESS DEVELOPMENT IN CHENANGO COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt015 SOUTH BROAD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt115 SOUTH BROAD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORWICH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NORWICH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd013815
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd113815
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.93$0.77$7.59$8.04$0.45
2023Detailed filing. Detailed filing data is available for this year.$2.00$2.36$0.36$6.91$7.50$0.58
2023Summary only. Only limited summary data is available for this year.$2.00$2.36$0.36$6.91$7.50$0.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$1.73$0.23$7.34$7.43$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$1.90$0.32$5.09$5.43$0.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$1.72$0.66$4.34$4.72$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.26$1.04$5.05$5.06$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$1.58$1.05$5.02$5.04$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$1.56$1.08$5.29$5.30$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$1.54$1.09$5.50$5.66$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$1.62$1.24$4.99$5.27$0.27
2014Summary only. Only limited summary data is available for this year.$2.99$1.48$1.52$5.20$5.30$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$1.15$1.60$5.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$1.01$0.79$5.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$1.74$0.06$5.90