Civic Intelligence

Luther Forest Technology Campus Economic Development Corporation

990 • Fiscal year 2016 • EIN 20-1263893

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

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

80th percentile

0.65x

Higher debt load relative to assets than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

2.86x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

29th percentile

-2.2%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

588%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$20,095,131

Down $442,684 (-2.2%) from 2015

Net Assets

Up

$7,087,151

Up $3,971,995 (+128%) from 2015

Liabilities

Down

$13,007,980

Down $4,414,679 (-25%) from 2015

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin97th percentile

Revenue

Up

$4,545,305

Up $3,884,702 (+588%) from 2015

Expenses

Down

$573,310

Down $474,551 (-45%) from 2015

Net Income

Up

$3,971,995

Up $4,359,253 (+1126%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth29th 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

2016

Assets$20,095,131
Liabilities$13,007,980
Net Assets$7,087,151
Open 2016 Filing

Operations Trend

Revenue Growth99th 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

2016

Revenue$4,545,305
Expenses$573,310
Net Income$3,971,995
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$4,759,385
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$20,154,137$19,920,678▼ $233,459
Prepaid Expenses and Deferred Charges$124,596$95,834▼ $28,762
Accounts Receivable$72,937$30,954▼ $41,983
Cash and Non-Interest-Bearing Accounts$157,436$26,974▼ $130,462
Savings and Temporary Cash Investments$31--
Total Assets$20,537,815$20,095,131▼ $442,684
Other Assets Total$28,678$20,691▼ $7,987
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,475,666$10,346,164▼ $4,129,502
Accounts Payable and Accrued Expenses$1,753,694$1,462,017▼ $291,677
Other Liabilities$1,193,299$1,199,799▲ $6,500
Total Liabilities$17,422,659$13,007,980▼ $4,414,679
Net Assets / Fund Balance
Unrestricted Net Assets$3,115,156$7,087,151▲ $3,971,995
Total Net Assets Fund Balance$3,115,156$7,087,151▲ $3,971,995
Total Liabilities and Net Assets / Fund Balance$20,537,815$20,095,131▼ $442,684

Asset Categories

AssetBook ValueDepreciationBasis
Land$19,374,369-$19,374,369
Buildings$472,436$156,412$628,848
Other Land Buildings$73,503$110,417$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
Amanus Consulting GroupConsulting36 PHILA STREET, SUITE 4, Saratoga Spring, NY 12866$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,826,836
Program Service Revenue
$0
Investment Income
$1,589,920
Other Revenue
$128,549
Change in Net Assets
$3,971,995

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$2,826,836Fair Market Value
Total Noncash Contributions1$2,826,836-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,545,305
Revenue Not Reported on Form 990
$2,187
Total Revenue per Audited Statements
$4,547,492
Total Revenue per Form 990
$4,545,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$573,310
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
Fees for Services Management$130,000--$130,000
Insurance$32,937$3,263-$36,200
Depreciation Depletion$34,893--$34,893
Fees for Services Accounting-$20,056-$20,056
Fees for Services Legal-$19,825-$19,825
Other Expenses$9,497--$9,497
Fees for Services Other$6,945--$6,945
Interest-$3,163-$3,163
Office Expenses-$909-$909
Total Functional Expenses$526,094$47,216$0$573,310

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$575,497
Expenses per Audited Statements$573,310
Total Expenses per Form 990$573,310
Expenses Not Reported on Form 990$2,187
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$220,000
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Amanus consulting group performed financial services and management activities that are normally conducted by an officer of the corporaton on a daily basis.”

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
2017-11-15
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 2,187 cam fees -2,187”

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 2,187”

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

“CAM FEES 2,187”

Raw XML AppendixShowing 400 of 423 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/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt022308
IRS990/PYOtherExpensesAmt01047861
IRS990/PYOtherRevenueAmt0294413
IRS990/PYRevenuesLessExpensesAmt0-387258
IRS990/PYTotalExpensesAmt01047861
IRS990/PYTotalRevenueAmt0660603
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03971995
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt088344
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01630125
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 287,159
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02826836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0343882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04025352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07196070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt088344
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0196800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032975
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018358
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0366107
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0287159
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt040205
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt097621
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0127242
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09368
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012723
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0287159
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91680
IRS990ScheduleA/PublicSupportPY170Pct00.90330
IRS990ScheduleA/PublicSupportTotal170Amt07196070
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02826836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0343882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04025352
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07196070
IRS990ScheduleA/TotalSupportAmt07849336
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0472436
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0156412
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0628848
IRS990ScheduleD/EquipmentGrp/BookValueAmt0370
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0558
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0928
IRS990ScheduleD/ExpensesNotReportedAmt02187
IRS990ScheduleD/ExpensesSubtotalAmt0573310
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt019374369
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019374369
IRS990ScheduleD/OtherExpensesIncludedAmt02187
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt073503
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0110417
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0183920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0979799
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1220000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ASSET RETIREMENT OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherRevenueAmt02187
IRS990ScheduleD/RevenueNotReportedAmt02187
IRS990ScheduleD/RevenueSubtotalAmt04545305
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 2,187
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CAM FEES 2,187
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/TotalBookValueLandBuildingsAmt019920678
IRS990ScheduleD/TotalExpensesPerForm990Amt0573310
IRS990ScheduleD/TotalLiabilityAmt01199799
IRS990ScheduleD/TotalRevenuePerForm990Amt04545305
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04547492
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0575497
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0DEBT RESTRUCT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt02826836
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMANUS CONSULTING GROUP PERFORMED FINANCIAL SERVICES AND MANAGEMENT ACTIVITIES THAT ARE NORMALLY CONDUCTED BY AN OFFICER OF THE CORPORATON ON A DAILY BASIS.
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 2,187 CAM FEES -2,187
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt020537815
IRS990/TotalAssetsEOYAmt020095131
IRS990/TotalAssetsGrp/BOYAmt020537815
IRS990/TotalAssetsGrp/EOYAmt020095131
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02826836
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047216
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0526094
IRS990/TotalFunctionalExpensesGrp/TotalAmt0573310
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017422659
IRS990/TotalLiabilitiesEOYAmt013007980
IRS990/TotalLiabilitiesGrp/BOYAmt017422659
IRS990/TotalLiabilitiesGrp/EOYAmt013007980
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03115156
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07087151
IRS990/TotalProgramServiceExpensesAmt0526094
IRS990/TotalRevenueGrp/ExclusionAmt088344
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01630125
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04545305
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020537815
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020095131
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03115156
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07087151
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/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUTHER FOREST TECHNOLOGY CAMPUS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ECONOMIC DEVELOPMENT CORPORATION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,095,131
Liabilities
$13,007,980
Net assets
$7,087,151
Revenue
$4,545,305
Expenses
$573,310
Net income
$3,971,995
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
2016Detailed filing. Detailed filing data is available for this year.$20.1$13.0$7.09$4.55$0.57$3.97
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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