Civic Intelligence

Berwick Industrial Development Assoc

990 • Fiscal year 2013 • EIN 24-0861693

May 01, 2012 to Apr 30, 2013 • Filed on Jul 03, 2013

107 South Market Street18603
Siviq Scores

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

Liabilities / Assets

5th percentile

0.01x

Higher debt load relative to assets than 5% of similar nonprofits.

2013 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$10,040,159

No earlier filing loaded for comparison.

Net Assets

$9,974,808

No earlier filing loaded for comparison.

Liabilities

$65,351

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$523,097

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $10,040,159Liabilities 2013: $65,351Net Assets 2013: $9,974,8082013Assets 2014: $10,404,670Liabilities 2014: $91,580Net Assets 2014: $10,313,0902014Assets 2015: $11,613,253Liabilities 2015: $679,831Net Assets 2015: $10,933,4222015Assets 2016: $11,661,479Liabilities 2016: $536,785Net Assets 2016: $11,124,6942016Assets 2017: $11,856,477Liabilities 2017: $556,091Net Assets 2017: $11,300,3862017Assets 2018: $11,794,291Liabilities 2018: $450,464Net Assets 2018: $11,343,8272018Assets 2019: $12,005,520Liabilities 2019: $402,528Net Assets 2019: $11,602,9922019Assets 2020: $11,851,114Liabilities 2020: $356,587Net Assets 2020: $11,494,5272020Assets 2021: $12,506,841Liabilities 2021: $323,895Net Assets 2021: $12,182,9462021Assets 2022: $12,649,189Liabilities 2022: $302,389Net Assets 2022: $12,346,8002022Assets 2023: $12,782,788Liabilities 2023: $268,604Net Assets 2023: $12,514,1842023Assets 2024: $12,914,748Liabilities 2024: $241,344Net Assets 2024: $12,673,4042024Assets 2025: $13,922,245Liabilities 2025: $923,291Net Assets 2025: $12,998,9542025

Highlighted filing

2013

Assets$10,040,159
Liabilities$65,351
Net Assets$9,974,808

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $523,0972013Revenue 2014: $586,629Expenses 2014: $248,347Net Income 2014: $338,2822014Revenue 2015: $867,657Expenses 2015: $259,086Net Income 2015: $608,5712015Revenue 2016: $476,897Expenses 2016: $278,321Net Income 2016: $198,5762016Revenue 2017: $446,448Expenses 2017: $317,841Net Income 2017: $128,6072017Revenue 2018: $389,103Expenses 2018: $369,272Net Income 2018: $19,8312018Revenue 2019: $523,660Expenses 2019: $266,162Net Income 2019: $257,4982019Revenue 2020: $265,987Expenses 2020: $284,006Net Income 2020: -$18,0192020Revenue 2021: $508,191Expenses 2021: $325,137Net Income 2021: $183,0542021Revenue 2022: $628,921Expenses 2022: $335,479Net Income 2022: $293,4422022Revenue 2023: $637,502Expenses 2023: $368,744Net Income 2023: $268,7582023Revenue 2024: $496,153Expenses 2024: $396,209Net Income 2024: $99,9442024Revenue 2025: $598,906Expenses 2025: $416,010Net Income 2025: $182,8962025

Highlighted filing

2013

Revenue-
Expenses$523,097
Net Income-
Jump To
Filing Snapshot
Filing Period
May 1, 2012 to Apr 30, 2013
Signed
Jul 3, 2013
Return Version
2012v2.0
Gross Receipts
$1,367,634
Mission and Program Overview

Mission

Berwick industrial development association ("bida")is committed to improving the economy of the region through marketing and managing its industrial assets, the retention, expansion, recruitment of business and industry; and contributing to community revitalization efforts. Bida will collaborate with private, public and community groups and organizations to achieve this mission and through these partnership efforts will work toward bettering the quality of life of the citizens of the area.

Filing and Contact Details

Filer

EIN
24-0861693
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IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0RENTAL EXPENSES NETTED ON 990 $620061 ASBESTOS ABATEMENT COSTS NETTED ON F/S $-288416
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1RENTAL EXPENSES ON 990 $620061 ASBESTOS ABATEMENT COSTS NETTED ON F/S $-288416
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2THE ASSOCIATION HAS EVALUATED ITS INCOME TAX POSITIONS AND BELIEVES IT HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD REQUIRE ACCRUAL OR DISCLOSURE UNDER THE REQUIREMENTS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION. ACCORDINGLY, THE ASSOCIATION HAS RECOGNIZED NO INTEREST OR PENALTIES IN ITS APRIL 30, 2013 FINANCIAL STATEMENTS. AS OF APRIL 30, 2013 THE ASSOCIATION'S FEDERAL INCOME TAX FILINGS FOR THE YEARS 2010 THROUGH 2013 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0Part XII, Line 2d
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1Part XI, Line 2d
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2Part X
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference2Part X : FIN48 Footnote
IRS990ScheduleD/Land/BookValue092903
IRS990ScheduleD/Land/OtherCostOrOtherBasis092903
IRS990ScheduleD/LeaseholdImprovements/BookValue0114860
IRS990ScheduleD/LeaseholdImprovements/Depreciation01120938
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis01235798
IRS990ScheduleD/OtherExpensesIncluded0331645
IRS990ScheduleD/OtherLandBuildings/Depreciation015276
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis015276
IRS990ScheduleD/OtherRevenues0331645
IRS990ScheduleD/RevenueNotRptdF9900331645
IRS990ScheduleD/RevenueSubtotal0747573
IRS990ScheduleD/TotalExpensesPerForm9900523097
IRS990ScheduleD/TotalOfBookValueLandBuildings06197728
IRS990ScheduleD/TotalRevenuePerForm9900747573
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0854742
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01079218
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 IS AVAILABLE AT ORGANIZATION'S OFFICE FOR REVIEW UPON REQUEST IN PERSON AND IS AVAILABLE AT THE WEBSITE WWW.GUIDESTAR.ORG.
IRS990ScheduleO/GeneralExplanation/Explanation1BOARD REVIEWS COMPENSATION BASED UPON MARKET RATES IN GEOGRAPHIC AREA.
IRS990ScheduleO/GeneralExplanation/Explanation2THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS BASED UPON SIMILAR LOCAL POSITIONS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ASSOCIATION'S BOARD REQUIRES EACH DIRECTOR AND OFFICER TO ANNUALLY REVIEW THE ASSOCIATION'S CONFLICT OF INTEREST POLICY AND TO SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE FORM.
IRS990ScheduleO/GeneralExplanation/Explanation4COPY OF FORM 990 MADE AVAILABLE TO BOARD FOR REVIEW AT THE ASSOCIATION'S REORGANIZATIONAL MEETING.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.92$13.0$0.60$0.42$0.18
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$0.24$12.7$0.50$0.40$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$0.27$12.5$0.64$0.37$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.6$0.30$12.3$0.63$0.34$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$0.32$12.2$0.51$0.33$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.36$11.5$0.27$0.28$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.40$11.6$0.52$0.27$0.26
2018Detailed filing. Detailed filing data is available for this year.$11.8$0.45$11.3$0.39$0.37$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.56$11.3$0.45$0.32$0.13
2016Detailed filing. Detailed filing data is available for this year.$11.7$0.54$11.1$0.48$0.28$0.20
2015Detailed filing. Detailed filing data is available for this year.$11.6$0.68$10.9$0.87$0.26$0.61
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.09$10.3$0.59$0.25$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$0.07$9.97$0.52