Civic Intelligence

Greater Syracuse Business Development Corporation

990 • Fiscal year 2018 • EIN 16-0906565

Aug 01, 2017 to Jul 31, 2018 • Filed on Dec 07, 2018

Organization ProfileWWW.GSBDC.COM

View Organization Page

101 S Salina StSyracuse, NY 13202

(315) 373-0273

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.07x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.44x

Higher debt load relative to revenue than 79% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

3rd percentile

-40%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

44th percentile

$125,456

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 55.2% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

17th percentile

-8.8%

Faster asset growth than 17% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-6.9%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$1,391,606

Down $134,894 (-8.8%) from 2017

Net Assets

Down

$1,292,523

Down $91,835 (-6.6%) from 2017

Liabilities

Down

$99,083

Down $43,059 (-30%) from 2017

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin3rd percentile

Revenue

Down

$227,100

Down $16,884 (-6.9%) from 2017

Expenses

Up

$318,935

Up $18,963 (+6.3%) from 2017

Net Income

Down

-$91,835

Down $35,847 (-64%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,550,144Liabilities 2011: $137,532Net Assets 2011: $1,412,6122011Assets 2012: $1,529,013Liabilities 2012: $86,843Net Assets 2012: $1,442,1702012Assets 2013: $1,560,885Liabilities 2013: $144,990Net Assets 2013: $1,415,8952013Assets 2014: $1,810,134Liabilities 2014: $383,517Net Assets 2014: $1,426,6172014Assets 2015: $1,742,511Liabilities 2015: $307,683Net Assets 2015: $1,434,8282015Assets 2016: $1,659,927Liabilities 2016: $219,581Net Assets 2016: $1,440,3462016Assets 2017: $1,526,500Liabilities 2017: $142,142Net Assets 2017: $1,384,3582017Assets 2018: $1,391,606Liabilities 2018: $99,083Net Assets 2018: $1,292,5232018Assets 2019: $1,308,652Liabilities 2019: $52,665Net Assets 2019: $1,255,9872019Assets 2020: $1,227,596Liabilities 2020: $43,210Net Assets 2020: $1,184,3862020Assets 2021: $1,219,415Liabilities 2021: $43,237Net Assets 2021: $1,176,1782021Assets 2022: $1,135,889Liabilities 2022: $30,530Net Assets 2022: $1,105,3592022Assets 2023: $1,205,199Liabilities 2023: $147,930Net Assets 2023: $1,057,2692023Assets 2024: $1,113,201Liabilities 2024: $155,168Net Assets 2024: $958,0332024Assets 2025: $911,030Liabilities 2025: $50,856Net Assets 2025: $860,1742025

Highlighted filing

2018

Assets$1,391,606
Liabilities$99,083
Net Assets$1,292,523
Open 2018 Filing

Operations Trend

Revenue Growth18th percentile

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

$400K$200K$0-$200KRevenue 2011: $249,005Expenses 2011: $306,519Net Income 2011: -$57,5142011Expenses 2012: $265,3082012Expenses 2013: $295,0712013Revenue 2014: $317,745Expenses 2014: $307,023Net Income 2014: $10,7222014Revenue 2015: $297,192Expenses 2015: $288,981Net Income 2015: $8,2112015Revenue 2016: $295,636Expenses 2016: $290,118Net Income 2016: $5,5182016Revenue 2017: $243,984Expenses 2017: $299,972Net Income 2017: -$55,9882017Revenue 2018: $227,100Expenses 2018: $318,935Net Income 2018: -$91,8352018Revenue 2019: $275,297Expenses 2019: $311,833Net Income 2019: -$36,5362019Revenue 2020: $243,012Expenses 2020: $314,613Net Income 2020: -$71,6012020Revenue 2021: $269,072Expenses 2021: $277,280Net Income 2021: -$8,2082021Revenue 2022: $209,466Expenses 2022: $280,285Net Income 2022: -$70,8192022Revenue 2023: $257,641Expenses 2023: $302,258Net Income 2023: -$44,6172023Revenue 2024: $216,829Expenses 2024: $316,065Net Income 2024: -$99,2362024Revenue 2025: $230,861Expenses 2025: $328,720Net Income 2025: -$97,8592025

Highlighted filing

2018

Revenue$227,100
Expenses$318,935
Net Income-$91,835
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Dec 7, 2018
Return Version
2017v2.2
Gross Receipts
$227,100
Mission and Program Overview

Mission

Encourage the locations/expansion of industrial/manufacturing facilities and net wealth generating companies, create job opportunities, reduce unemployment and facilitate the betterment of community prosperity within upstate New York, by making capital and fixed asset loans to private businesses.

Encourage the location/expansion of industrial/manufacturing facilities and net wealth generating companies, create job opportunities, reduce unemployment and facilitate the betterment of community prosperity within upstate new york, by making capital and fixed asset loans to private businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$621,600$774,642▲ $153,042
Other Notes and Loans Receivable, Net$753,318$536,573▼ $216,745
Cash and Non-Interest-Bearing Accounts$120,024$64,887▼ $55,137
Land, Buildings, and Equipment, Net$7,187$5,431▼ $1,756
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,526,500$1,391,606▼ $134,894
Other Assets Total$24,371$10,073▼ $14,298
Liabilities
Other Liabilities$134,250$84,249▼ $50,001
Accounts Payable and Accrued Expenses$7,892$14,834▲ $6,942
Total Liabilities$142,142$99,083▼ $43,059
Net Assets / Fund Balance
Unrestricted Net Assets$1,384,358$1,292,523▼ $91,835
Total Net Assets Fund Balance$1,384,358$1,292,523▼ $91,835
Total Liabilities and Net Assets / Fund Balance$1,526,500$1,391,606▼ $134,894

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,431$27,311$32,742
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Peggy AdamsSecretaryFT$125,456$125,456
Kathy CampbellAssis.secretaryFT$72,158$72,158

Board Members and Trustees

NameTitle
Kenneth GardinerPresident
Dana LoucksVice President
Edward SlankVice President
ANDREW D'AGOSTINOTrustee
Donald WesternTrustee
F Paul Vellano JrTrustee
Jean LamardoTrustee
Joan PowersTrustee
Robert L VertucciTrustee
Stephen MarkleyTrustee
Susan McdonaldTrustee
Adam PanekTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$188,243
Investment Income
$38,657
Other Revenue
$200
Change in Net Assets
$-91,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$227,100
Total Revenue per Audited Statements
$227,100
Total Revenue per Form 990
$227,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$231,078
Other Expenses$87,857
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$98,807$98,807-$197,614
Occupancy$9,839$9,839-$19,678
Fees for Services Other-$18,202-$18,202
Payroll Taxes$6,648$6,647-$13,295
Other Employee Benefits$5,329$5,328-$10,657
Pension Plan Contributions$4,756$4,756-$9,512
Insurance-$5,541-$5,541
All Other Expenses$3,115$1,799-$4,914
Other Expenses$2,681$25,000-$2,681
Depreciation Depletion-$1,756-$1,756
Office Expenses$665--$665
Total Functional Expenses$141,260$177,675$0$318,935

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$318,935
Total Expenses per Audited Statements$318,935
Total Expenses per Form 990$318,935
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Participation Agreement Liability$84,249
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by management and certain board members.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board and loan committee members abstain when any conflict of interest is present.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Board member review and approval.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Board member review and approval.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“No documents available to the public.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Greater Syracuse Business Development
EIN
16-0906565
Phone
3153730273
Address
101 S SALINA ST, SYRACUSE, NY 13202

Signing Officer

Name
Peggy Adams
Title
Secretary
Signed
2018-12-07
Discuss with paid preparer
No

Organization Details

Formed
1962
Legal Domicile
Ny
Voting Board Members
35
Independent Board Members
12
Employees
2

Preparer

Firm
Richard A Romer CPA LLC
Address
1 Brighton Rd, Tonawanda, NY 14150
Preparer
Richard A Romer CPA
Phone
7166090992
Raw XML AppendixShowing 400 of 445 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07892
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014834
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ENCOURAGE THE LOCATION/EXPANSION OF INDUSTRIAL/MANUFACTURING FACILITIES AND NET WEALTH GENERATING COMPANIES, CREATE JOB OPPORTUNITIES, REDUCE UNEMPLOYMENT AND FACILITATE THE BETTERMENT OF COMMUNITY PROSPERITY WITHIN UPSTATE NEW YORK, BY MAKING CAPITAL AND FIXED ASSET LOANS TO PRIVATE BUSINESSES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01799
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03115
IRS990/AllOtherExpensesGrp/TotalAmt04914
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PEGGY ADAMS
IRS990/BooksInCareOfDetail/PhoneNum03153730273
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 S SALINA ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0SYRACUSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0132021301
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0120024
IRS990/CashNonInterestBearingGrp/EOYAmt064887
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt098807
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt098807
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0197614
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt038657
IRS990/CYOtherExpensesAmt087857
IRS990/CYOtherRevenueAmt0200
IRS990/CYProgramServiceRevenueAmt0188243
IRS990/CYRevenuesLessExpensesAmt0-91835
IRS990/CYSalariesCompEmpBnftPaidAmt0231078
IRS990/CYTotalExpensesAmt0318935
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0227100
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01756
IRS990/DepreciationDepletionGrp/TotalAmt01756
IRS990/Desc0THE ORGANIZATION PROVIDES EXPANSION LOANS FOR BUSINESS WHICH CREATES JOB OPPORTUNITIES AND BETTERMENT OF THE COMMUNITY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0141260
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt018202
IRS990/FeesForServicesOtherGrp/TotalAmt018202
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/PersonNm0PEGGY ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1JEAN LAMARDO
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREW D'AGOSTINO
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT L VERTUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm4JOAN POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN MARKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSAN MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm7F PAUL VELLANO JR
IRS990/Form990PartVIISectionAGrp/PersonNm8DONALD WESTERN
IRS990/Form990PartVIISectionAGrp/PersonNm9KENNETH GARDINER
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD SLANK
IRS990/Form990PartVIISectionAGrp/PersonNm11ADAM PANEK
IRS990/Form990PartVIISectionAGrp/PersonNm12KATHY CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm13DANA LOUCKS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0125456
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/ReportableCompFromOrgAmt1272158
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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/TitleTxt0Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSIS.SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13Vice President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt035
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0227100
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05541
IRS990/InsuranceGrp/TotalAmt05541
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt038657
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt038657
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027311
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07187
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05431
IRS990/LandBldgEquipCostOrOtherBssAmt032742
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ENCOURAGE THE LOCATION/EXPANSION OF INDUSTRIAL/MANUFACTURING FACILITIES AND NET WEALTH GENERATING COMPANIES, CREATE JOB OPPORTUNITIES, REDUCE UNEMPLOYMENT AND FACILITATE THE BETTERMENT OF COMMUNITY PROSPERITY WITHIN UPSTATE NEW YORK, BY MAKING CAPITAL AND FIXED ASSET LOANS TO PRIVATE BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01384358
IRS990/NetAssetsOrFundBalancesEOYAmt01292523
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09839
IRS990/OccupancyGrp/ProgramServicesAmt09839
IRS990/OccupancyGrp/TotalAmt019678
IRS990/OfficeExpensesGrp/ProgramServicesAmt0665
IRS990/OfficeExpensesGrp/TotalAmt0665
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt024371
IRS990/OtherAssetsTotalGrp/EOYAmt010073
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05328
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05329
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010657
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2SOFTWARE RENEWAL FEES
IRS990/OtherExpensesGrp/Desc3COMPUTER RELATED EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025000
IRS990/OtherExpensesGrp/ProgramServicesAmt05778
IRS990/OtherExpensesGrp/ProgramServicesAmt13642
IRS990/OtherExpensesGrp/ProgramServicesAmt22681
IRS990/OtherExpensesGrp/TotalAmt025000
IRS990/OtherExpensesGrp/TotalAmt15778
IRS990/OtherExpensesGrp/TotalAmt23642
IRS990/OtherExpensesGrp/TotalAmt32681
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0134250
IRS990/OtherLiabilitiesGrp/EOYAmt084249
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0200
IRS990/OtherRevenueTotalAmt0200
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0753318
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0536573
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06647
IRS990/PayrollTaxesGrp/ProgramServicesAmt06648
IRS990/PayrollTaxesGrp/TotalAmt013295
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04756
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04756
IRS990/PensionPlanContributionsGrp/TotalAmt09512
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PACKAGING FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2SERVICING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05650
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2177853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2177853
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt048635
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt071054
IRS990/PYProgramServiceRevenueAmt0195349
IRS990/PYRevenuesLessExpensesAmt0-55988
IRS990/PYSalariesCompEmpBnftPaidAmt0228918
IRS990/PYTotalExpensesAmt0299972
IRS990/PYTotalRevenueAmt0243984
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-91835
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0621600
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0774642
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05431
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027311
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032742
IRS990ScheduleD/ExpensesSubtotalAmt0318935
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt084249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PARTICIPATION AGREEMENT LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0227100
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05431
IRS990ScheduleD/TotalExpensesPerForm990Amt0318935
IRS990ScheduleD/TotalLiabilityAmt084249
IRS990ScheduleD/TotalRevenuePerForm990Amt0227100
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0227100
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0318935
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY MANAGEMENT AND CERTAIN BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD AND LOAN COMMITTEE MEMBERS ABSTAIN WHEN ANY CONFLICT OF INTEREST IS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBER REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBER REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01526500
IRS990/TotalAssetsEOYAmt01391606
IRS990/TotalAssetsGrp/BOYAmt01526500
IRS990/TotalAssetsGrp/EOYAmt01391606
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0177675
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0141260
IRS990/TotalFunctionalExpensesGrp/TotalAmt0318935
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0142142
IRS990/TotalLiabilitiesEOYAmt099083
IRS990/TotalLiabilitiesGrp/BOYAmt0142142
IRS990/TotalLiabilitiesGrp/EOYAmt099083
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01384358
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01292523
IRS990/TotalProgramServiceExpensesAmt0141260

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,391,606
Liabilities
$99,083
Net assets
$1,292,523
Revenue
$227,100
Expenses
$318,935
Net income
-$91,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.91$0.05$0.86$0.23$0.33$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.16$0.96$0.22$0.32$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.15$1.06$0.26$0.30$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.03$1.11$0.21$0.28$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.04$1.18$0.27$0.28$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.04$1.18$0.24$0.31$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.05$1.26$0.28$0.31$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.10$1.29$0.23$0.32$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.14$1.38$0.24$0.30$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.66$0.22$1.44$0.30$0.29$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.31$1.43$0.30$0.29$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.38$1.43$0.32$0.31$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.14$1.42$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.09$1.44$0.27
2011Summary only. Only limited summary data is available for this year.$1.55$0.14$1.41$0.25$0.31$0.06