Civic Intelligence

Luther Forest Technology Campus Economic Development Corporation

990 • Fiscal year 2015 • EIN 20-1263893

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

Organization ProfileLUTHERFOREST.ORG

View Organization Page

519 BroadwaySaratoga Springs, NY 12866

(518) 587-4500

Siviq Scores

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

Liabilities / Assets

87th percentile

0.85x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

26.37x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

5th percentile

-59%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

24th percentile

-3.6%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

321%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$20,537,815

Down $770,167 (-3.6%) from 2014

Net Assets

Down

$3,115,156

Down $387,258 (-11%) from 2014

Liabilities

Down

$17,422,659

Down $382,909 (-2.2%) from 2014

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin5th percentile

Revenue

Up

$660,603

Up $503,731 (+321%) from 2014

Expenses

Down

$1,047,861

Down $84,712 (-7.5%) from 2014

Net Income

Up

-$387,258

Up $588,443 (+60%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$80M$60M$40M$20M$0Assets 2010: $63,176,779Liabilities 2010: $29,944,539Net Assets 2010: $33,232,2402010Assets 2011: $29,560,654Liabilities 2011: $18,230,145Net Assets 2011: $11,330,5092011Assets 2012: $27,685,679Liabilities 2012: $17,439,348Net Assets 2012: $10,246,3312012Assets 2013: $21,730,571Liabilities 2013: $17,252,456Net Assets 2013: $4,478,1152013Assets 2014: $21,307,982Liabilities 2014: $17,805,568Net Assets 2014: $3,502,4142014Assets 2015: $20,537,815Liabilities 2015: $17,422,659Net Assets 2015: $3,115,1562015Assets 2016: $20,095,131Liabilities 2016: $13,007,980Net Assets 2016: $7,087,1512016Assets 2017: $19,577,066Liabilities 2017: $11,700,590Net Assets 2017: $7,876,4762017Assets 2018: $17,679,127Liabilities 2018: $11,365,883Net Assets 2018: $6,313,2442018Assets 2019: $17,636,116Liabilities 2019: $11,428,686Net Assets 2019: $6,207,4302019Assets 2020: $17,461,739Liabilities 2020: $11,402,865Net Assets 2020: $6,058,8742020

Highlighted filing

2015

Assets$20,537,815
Liabilities$17,422,659
Net Assets$3,115,156
Open 2015 Filing

Operations Trend

Revenue Growth98th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $21,636,9962010Expenses 2011: $26,102,0712011Revenue 2012: $3,989,808Expenses 2012: $5,073,986Net Income 2012: -$1,084,1782012Revenue 2013: $42,343Expenses 2013: $5,810,559Net Income 2013: -$5,768,2162013Revenue 2014: $156,872Expenses 2014: $1,132,573Net Income 2014: -$975,7012014Revenue 2015: $660,603Expenses 2015: $1,047,861Net Income 2015: -$387,2582015Revenue 2016: $4,545,305Expenses 2016: $573,310Net Income 2016: $3,971,9952016Revenue 2017: $1,177,740Expenses 2017: $388,415Net Income 2017: $789,3252017Revenue 2018: -$1,196,490Expenses 2018: $366,742Net Income 2018: -$1,563,2322018Revenue 2019: $149,318Expenses 2019: $301,526Net Income 2019: -$152,2082019Revenue 2020: $174,322Expenses 2020: $294,745Net Income 2020: -$120,4232020

Highlighted filing

2015

Revenue$660,603
Expenses$1,047,861
Net Income-$387,258
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$1,575,253
Mission and Program Overview

Mission

Luther forest technology campus economic development corporation encourages the location and expansion of the nanotechnology and other industries and the creation of job opportunities in saratoga county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,070,629$20,154,137▼ $916,492
Cash and Non-Interest-Bearing Accounts$74,454$157,436▲ $82,982
Prepaid Expenses and Deferred Charges$138,295$124,596▼ $13,699
Accounts Receivable$3,150$72,937▲ $69,787
Savings and Temporary Cash Investments$7,779$31▼ $7,748
Total Assets$21,307,982$20,537,815▼ $770,167
Other Assets Total$13,675$28,678▲ $15,003
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,088,817$14,475,666▲ $4,386,849
Accounts Payable and Accrued Expenses$6,733,952$1,753,694▼ $4,980,258
Other Liabilities$982,799$1,193,299▲ $210,500
Total Liabilities$17,805,568$17,422,659▼ $382,909
Net Assets / Fund Balance
Unrestricted Net Assets$3,502,414$3,115,156▼ $387,258
Total Net Assets Fund Balance$3,502,414$3,115,156▼ $387,258
Total Liabilities and Net Assets / Fund Balance$21,307,982$20,537,815▼ $770,167

Asset Categories

AssetBook ValueDepreciationBasis
Land$19,572,935-$19,572,935
Buildings$488,910$139,938$628,848
Other Land Buildings$91,922$91,998$183,920
Equipment$370$558$928
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Tom RoohanChairman
Cliff VanwagnerVice Chairma
Dave WallingfordMember
Joseph W Dalton JrMember
N Robert HayesMember
Rick DunnMember
Bob BurdickSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
The Jones Law FirmLaw ServicesPO BOX 4400, SUITE 4, Saratoga Spring, NY 12866$148,903
Amanus Consulting GroupConsulting36 PHILA STREET, Saratoga Spring, NY 12866$131,200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$22,308
Other Revenue
$638,295
Change in Net Assets
$-387,258

Audited Revenue Reconciliation

Revenue per Audited Statements
$660,603
Revenue Not Reported on Form 990
$46,689
Total Revenue per Audited Statements
$707,292
Total Revenue per Form 990
$660,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,047,861
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$540,887-$540,887
Fees for Services Legal-$137,337-$137,337
Fees for Services Management$121,200--$121,200
Depreciation Depletion$39,712--$39,712
Insurance$32,840$3,064-$35,904
Fees for Services Other$16,541--$16,541
Fees for Services Accounting-$12,613-$12,613
Other Expenses$1,693--$1,693
Advertising$713--$713
Office Expenses$299$367-$666
Total Functional Expenses$353,593$694,268$0$1,047,861

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,094,550
Expenses per Audited Statements$1,047,861
Total Expenses per Form 990$1,047,861
Expenses Not Reported on Form 990$46,689
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Asset Retirement Obligation$979,799
Deposits$213,500
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
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, Page 6, Part VI, Line 8B

“Luther forest technology campus does not have other committees to act on behalf of the governing body.”

Form 990, Page 6, Part VI, Line 11B

“Treasurer reviews form 990 before filing.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest is signed by all board members”

Form 990, Page 6, Part VI, Line 15A

“The board of directors approved an employment agreement between the organization and the top management.”

Form 990, Page 6, Part VI, Line 19

“The organization's financial statements are available to the public, on request, for inspection at the office of the organization between the hours of 9 am and 5 pm. The form 990 can be found on the guide star website.”

Filing and Contact Details

Filer

Filer Name
Luther Forest Technology Campus
EIN
20-1263893
Phone
5185874500
Address
519 BROADWAY, SARATOGA SPRINGS, NY 12866

Signing Officer

Name
Tom Roohan
Title
Chairman
Phone
5185874500
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Roohan
Formed
2004
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Fredette Sankowski & Company
Address
25 WALTON ST, SARATOGA SPRINGS, NY 12866-2013
Preparer
Brian T Fredette
Phone
5185834166
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Cam fees income 46,689 cam fees -46,689”

Financial Statement Notes

Schedule D, Page 3, Part X

“Management has determined that the organization does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures.”

Schedule D, Page 4, Part XI, Line 2D

“CAM FEES INCOME 46,689”

Schedule D, Page 4, Part XII, Line 2D

“CAM FEES 46,689”

Raw XML AppendixShowing 400 of 414 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.

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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt197621
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0343882
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt197621
IRS990/OtherRevenueTotalAmt0441503
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0138295
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0124596
IRS990/PrincipalOfficerNm0TOM ROOHAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0563
IRS990/PYOtherExpensesAmt01132573
IRS990/PYOtherRevenueAmt0156309
IRS990/PYRevenuesLessExpensesAmt0-975701
IRS990/PYTotalExpensesAmt01132573
IRS990/PYTotalRevenueAmt0156872
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-387258
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0196792
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0660603
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 246,954 CANCELLATION OF DEBT 343,882
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04025352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04328431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08353783
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0196800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032975
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026135
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0303898
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0441503
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0441503
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0127242
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09368
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012723
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0590836
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90330
IRS990ScheduleA/PublicSupportPY170Pct00.99470
IRS990ScheduleA/PublicSupportTotal170Amt08353783
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04025352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04328431
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08353783
IRS990ScheduleA/TotalSupportAmt09248517
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0488910
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0139938
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0628848
IRS990ScheduleD/EquipmentGrp/BookValueAmt0370
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0558
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0928
IRS990ScheduleD/ExpensesNotReportedAmt046689
IRS990ScheduleD/ExpensesSubtotalAmt01047861
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt019572935
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019572935
IRS990ScheduleD/OtherExpensesIncludedAmt046689
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt091922
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt091998
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0183920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0979799
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1213500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ASSET RETIREMENT OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherRevenueAmt046689
IRS990ScheduleD/RevenueNotReportedAmt046689
IRS990ScheduleD/RevenueSubtotalAmt0660603
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CAM FEES INCOME 46,689
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CAM FEES 46,689
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020154137
IRS990ScheduleD/TotalExpensesPerForm990Amt01047861
IRS990ScheduleD/TotalLiabilityAmt01193299
IRS990ScheduleD/TotalRevenuePerForm990Amt0660603
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0707292
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01094550
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LUTHER FOREST TECHNOLOGY CAMPUS DOES NOT HAVE OTHER COMMITTEES TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TREASURER REVIEWS FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST IS SIGNED BY ALL BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVED AN EMPLOYMENT AGREEMENT BETWEEN THE ORGANIZATION AND THE TOP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC, ON REQUEST, FOR INSPECTION AT THE OFFICE OF THE ORGANIZATION BETWEEN THE HOURS OF 9 AM AND 5 PM. THE FORM 990 CAN BE FOUND ON THE GUIDE STAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CAM FEES INCOME 46,689 CAM FEES -46,689
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021307982
IRS990/TotalAssetsEOYAmt020537815
IRS990/TotalAssetsGrp/BOYAmt021307982
IRS990/TotalAssetsGrp/EOYAmt020537815
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0694268
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0353593
IRS990/TotalFunctionalExpensesGrp/TotalAmt01047861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017805568
IRS990/TotalLiabilitiesEOYAmt017422659
IRS990/TotalLiabilitiesGrp/BOYAmt017805568
IRS990/TotalLiabilitiesGrp/EOYAmt017422659
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03502414
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03115156
IRS990/TotalProgramServiceExpensesAmt0353593
IRS990/TotalRevenueGrp/ExclusionAmt0196800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0463803
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0660603
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021307982
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020537815
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03502414
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03115156
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt028 CLINTON STREET
IRS990/USAddress/CityNm0SARATOGA SPRINGS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012866
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0LUTHERFOREST.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM ROOHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05185874500
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUTHER FOREST TECHNOLOGY CAMPUS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LUTH
ReturnHeader/Filer/EIN0201263893
ReturnHeader/Filer/PhoneNum05185874500
ReturnHeader/Filer/USAddress/AddressLine1Txt0519 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0SARATOGA SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012866

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,537,815
Liabilities
$17,422,659
Net assets
$3,115,156
Revenue
$660,603
Expenses
$1,047,861
Net income
-$387,258
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$11.4$6.06$0.17$0.29$0.12
2019Summary only. Only limited summary data is available for this year.$17.6$11.4$6.21$0.15$0.30$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$11.4$6.31$1.20$0.37$1.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$11.7$7.88$1.18$0.39$0.79
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$13.0$7.09$4.55$0.57$3.97
2015Detailed filing. Detailed filing data is available for this year.$20.5$17.4$3.12$0.66$1.05$0.39
2014Detailed filing. Detailed filing data is available for this year.$21.3$17.8$3.50$0.16$1.13$0.98
2013Detailed filing. Detailed filing data is available for this year.$21.7$17.3$4.48$0.04$5.81$5.77
2012Summary only. Only limited summary data is available for this year.$27.7$17.4$10.2$3.99$5.07$1.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.6$18.2$11.3$26.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.2$29.9$33.2$21.6