Civic Intelligence

Coal Street Redevelopment Inc.

990 • Fiscal year 2017 • EIN 26-4692448

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 22, 2018

Organization Profile"N/A"
575 Pierce StreetKingston, PA 18704

(570) 824-3543

Siviq Scores

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

Liabilities / Assets

91st percentile

0.96x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.57x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

20th percentile

-3.4%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

329%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$9,689,695

Down $341,512 (-3.4%) from 2016

Net Assets

Up

$342,449

Up $2,432,230 (+116%) from 2016

Liabilities

Down

$9,347,246

Down $2,773,742 (-23%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin94th percentile

Revenue

Up

$3,631,709

Up $2,784,333 (+329%) from 2016

Expenses

Down

$1,199,479

Down $14,625 (-1.2%) from 2016

Net Income

Up

$2,432,230

Up $2,798,958 (+763%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2016: $10,031,207Liabilities 2016: $12,120,988Net Assets 2016: -$2,089,7812016Assets 2017: $9,689,695Liabilities 2017: $9,347,246Net Assets 2017: $342,4492017Assets 2018: $9,313,068Liabilities 2018: $9,136,271Net Assets 2018: $176,7972018Assets 2019: $9,092,204Liabilities 2019: $9,017,421Net Assets 2019: $74,7832019Assets 2020: $8,900,171Liabilities 2020: $8,823,086Net Assets 2020: $77,0852020Assets 2021: $8,443,890Liabilities 2021: $8,672,270Net Assets 2021: -$228,3802021Assets 2022: $8,418,741Liabilities 2022: $8,913,040Net Assets 2022: -$494,2992022Assets 2023: $8,532,573Liabilities 2023: $9,588,741Net Assets 2023: -$1,056,1682023Assets 2024: $8,717,274Liabilities 2024: $9,602,367Net Assets 2024: -$885,0932024

Highlighted filing

2017

Assets$9,689,695
Liabilities$9,347,246
Net Assets$342,449
Open 2017 Filing

Operations Trend

Revenue Growth97th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $847,376Expenses 2016: $1,214,104Net Income 2016: -$366,7282016Revenue 2017: $3,631,709Expenses 2017: $1,199,479Net Income 2017: $2,432,2302017Revenue 2018: $1,021,430Expenses 2018: $1,187,084Net Income 2018: -$165,6542018Revenue 2019: $910,169Expenses 2019: $1,091,733Net Income 2019: -$181,5642019Revenue 2020: $922,508Expenses 2020: $920,206Net Income 2020: $2,3022020Revenue 2021: $645,562Expenses 2021: $951,027Net Income 2021: -$305,4652021Revenue 2022: $713,930Expenses 2022: $922,077Net Income 2022: -$208,1472022Revenue 2023: $616,875Expenses 2023: $1,085,550Net Income 2023: -$468,6752023Revenue 2024: $1,157,284Expenses 2024: $1,046,129Net Income 2024: $111,1552024

Highlighted filing

2017

Revenue$3,631,709
Expenses$1,199,479
Net Income$2,432,230
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 22, 2018
Return Version
2017v2.3
Gross Receipts
$3,933,475
Mission and Program Overview

Mission

To provide an ice skating facility for the youth of wilkes-barre and surrounding communities for recreation and to provide a facility that serves to promote youth and adult hockey and interscholastic hockey.

The organization's purpose is to promote the health and social welfare of the community and to lessen the burden of government by improving and expanding access to public recreational amenities and programs that shall be available to the general public without regard to race, creed, color or religion and to do such things as are neccessary to these purposes as well as any lawful purpose or purposes for which corporations may be incorporated under the nonprofit corporation law of 1988 as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,994,976$9,680,298▼ $314,678
Rtn Earn Endowment Incm Other Fnds$-2,089,781$342,449▲ $2,432,230
Cash and Non-Interest-Bearing Accounts$28,606$9,397▼ $19,209
Prepaid Expenses and Deferred Charges$5,000--
Accounts Receivable$2,625--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$10,031,207$9,689,695▼ $341,512
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,060,000$9,204,756▼ $2,855,244
Other Liabilities$60,772$115,924▲ $55,152
Accounts Payable and Accrued Expenses$216$26,566▲ $26,350
Total Liabilities$12,120,988$9,347,246▼ $2,773,742
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,089,781$342,449▲ $2,432,230
Total Liabilities and Net Assets / Fund Balance$10,031,207$9,689,695▼ $341,512

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,680,298$2,438,767-
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Thomas EvansPresident
Thomas McgrathVice-president
Dr William MclaughlinRec Secretary
John CavanaughSecretary
Dan MccormickcpaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$777,344
Investment Income
$0
Other Revenue
$2,854,365
Change in Net Assets
$2,432,230

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,264,194
Revenue Not Reported on Financial Statements
$367,515
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$367,515
Total Revenue per Audited Statements
$3,264,194
Total Revenue per Form 990
$3,631,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,199,479
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
Depreciation Depletion$179,366--$179,366
Other Expenses$767,497$93,877-$93,877
Interest$70,726--$70,726
Fees for Services Other$61,602--$61,602
Insurance$10,209--$10,209
Occupancy$10,000--$10,000
Fees for Services Accounting-$6,202-$6,202
Total Functional Expenses$1,099,400$100,079$0$1,199,479

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,501,245
Expenses per Audited Statements$1,199,479
Total Expenses per Form 990$1,199,479
Expenses Not Reported on Form 990$301,766
Expenses Not Reported on Financial Statements$0
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
Deferred Revenue$115,924
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 corporation's treasurer reviews form 990 before it is filed.”

Form 990, Part VI, Section C, Line 18

“The corporation maintains a copy of the forms 990 available for inspection at the treasurer's office.”

Form 990, Part VI, Section C, Line 19

“The corporation makes its governing documents, conflict of interest policy,and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Coal Street Redevelopment Inc
EIN
26-4692448
Phone
5708243543
Address
575 PIERCE STREET, KINGSTON, PA 18704

Signing Officer

Name
Daniel Mccormick CPA
Title
Treasurer
Phone
5708243543
Signed
2018-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Mccormick CPA
Formed
2008
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
46 PUBLIC SQUARE, WILKESBARRE, PA 18701-2681
Preparer
John P Riccetti CPA
Phone
5708200100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation has applied for exemption from federal income taxes under section 501(c)(3) of the internal revenue code. However, the corporation has not received a determination letter concerning its not for profit status as of the date of this report. Accounting principles generally accepted in the united states of america require the corporation's management to evaluate tax positions taken by the corporation and recognize a tax liability if the corporation has taken an uncertain tax position that more likely than not be sustained upon examination by the internal revenue service. Management has analyzed tax positions taken by the corporation and has concluded as of december 31,2015, there are no uncertain tax positions taken, or expected to be taken, that would require recognition or disclosure in the financial statements. The corporation's tax return's since inception are subjected to examination by the internal revenue service.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL INCOME 367,515.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 301,766.”

Raw XML Appendix371 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0216
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt026566
IRS990/AccountsReceivableGrp/BOYAmt02625
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S PURPOSE IS TO PROMOTE THE HEALTH AND SOCIAL WELFARE OF THE COMMUNITY AND TO LESSEN THE BURDEN OF GOVERNMENT BY IMPROVING AND EXPANDING ACCESS TO PUBLIC RECREATIONAL AMENITIES AND PROGRAMS THAT SHALL BE AVAILABLE TO THE GENERAL PUBLIC WITHOUT REGARD TO RACE, CREED, COLOR OR RELIGION AND TO DO SUCH THINGS AS ARE NECCESSARY TO THESE PURPOSES AS WELL AS ANY LAWFUL PURPOSE OR PURPOSES FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE NONPROFIT CORPORATION LAW OF 1988 AS AMENDED.
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DANIEL MCCORMICK CPA
IRS990/BooksInCareOfDetail/PhoneNum05708243543
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0575 PIERCE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0KINGSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd018704
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt028606
IRS990/CashNonInterestBearingGrp/EOYAmt09397
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01199479
IRS990/CYOtherRevenueAmt02854365
IRS990/CYProgramServiceRevenueAmt0777344
IRS990/CYRevenuesLessExpensesAmt02432230
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01199479
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03631709
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0179366
IRS990/DepreciationDepletionGrp/TotalAmt0179366
IRS990/Desc0THE CORPORATION PROVIDED ICE TIME FOR YOUTH HOCKEY LEAGUES AND RECREATIONAL ICE SKATING TO LOW INCOME CHILDREN IN THE AREA. THE CORPORATION ALSO FURNISHED ICE TIME FOR SCHOLASTIC HOCKEY. THE CORPORATION SPONSORED HOCKEY CLININCS FOR THE BENEFIT OF CHILDREN IN NORTHEASTERN PENNSYLVANIA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01099400
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06202
IRS990/FeesForServicesAccountingGrp/TotalAmt06202
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt061602
IRS990/FeesForServicesOtherGrp/TotalAmt061602
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt06.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt36.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
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/PersonNm0THOMAS EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS MCGRATH
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN CAVANAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN MCCORMICKCPA
IRS990/Form990PartVIISectionAGrp/PersonNm4DR WILLIAM MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4REC SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03933475
IRS990/GrossRentsGrp/RealAmt0422731
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt010209
IRS990/InsuranceGrp/TotalAmt010209
IRS990/InterestGrp/ProgramServicesAmt070726
IRS990/InterestGrp/TotalAmt070726
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02438767
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09994976
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09680298
IRS990/LandBldgEquipCostOrOtherBssAmt012119065
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt0301766
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AN ICE SKATING FACILITY FOR THE YOUTH OF WILKES-BARRE AND SURROUNDING COMMUNITIES FOR RECREATION AND TO PROVIDE A FACILITY THAT SERVES TO PROMOTE YOUTH AND ADULT HOCKEY AND INTERSCHOLASTIC HOCKEY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012060000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09204756
IRS990/NetAssetsOrFundBalancesBOYAmt0-2089781
IRS990/NetAssetsOrFundBalancesEOYAmt0342449
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0120965
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0120965
IRS990/NetUnrelatedBusTxblIncmAmt0-198864
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt010000
IRS990/OccupancyGrp/TotalAmt010000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ICE RINK EXPENSES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt093877
IRS990/OtherExpensesGrp/ProgramServicesAmt0767497
IRS990/OtherExpensesGrp/TotalAmt0767497
IRS990/OtherExpensesGrp/TotalAmt193877
IRS990/OtherLiabilitiesGrp/BOYAmt060772
IRS990/OtherLiabilitiesGrp/EOYAmt0115924
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SYNTHETIC DEBT FORGIVE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02733400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02733400
IRS990/OtherRevenueTotalAmt02733400
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05000
IRS990/PrincipalOfficerNm0DANIEL MCCORMICK CPA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/Desc0ICE RINK
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0777344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0777344
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01214104
IRS990/PYOtherRevenueAmt083444
IRS990/PYProgramServiceRevenueAmt0763932
IRS990/PYRevenuesLessExpensesAmt0-366728
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01214104
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0847376
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02432230
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0120965
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03510744
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2089781
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0342449
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0777344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0763932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0735722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0769659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0831936
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03878593
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt065549
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt084035
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt042463
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt0-1577
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt036318
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0226788
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02733400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02733400
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.56710
IRS990ScheduleA/PublicSupportPY509Pct00.95350
IRS990ScheduleA/PublicSupportTotal509Amt03878593
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0777344
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0763932
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0735722
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0769659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0831936
IRS990ScheduleA/Total509Grp/TotalAmt03878593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03576293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0847967
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0778185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0768082
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0868254
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06838781
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09680298
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02438767
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt012119065
IRS990ScheduleD/ExpensesNotReportedAmt0301766
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01199479
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0301766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0115924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0367515
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0367515
IRS990ScheduleD/RevenueSubtotalAmt03264194
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS APPLIED FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE CORPORATION HAS NOT RECEIVED A DETERMINATION LETTER CONCERNING ITS NOT FOR PROFIT STATUS AS OF THE DATE OF THIS REPORT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE CORPORATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED AS OF DECEMBER 31,2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION'S TAX RETURN'S SINCE INCEPTION ARE SUBJECTED TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL INCOME 367,515.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 301,766.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09680298
IRS990ScheduleD/TotalExpensesPerForm990Amt01199479
IRS990ScheduleD/TotalLiabilityAmt0115924
IRS990ScheduleD/TotalRevenuePerForm990Amt03631709
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03264194
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01501245
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S TREASURER REVIEWS FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION MAINTAINS A COPY OF THE FORMS 990 AVAILABLE FOR INSPECTION AT THE TREASURER'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY,AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010031207
IRS990/TotalAssetsEOYAmt09689695
IRS990/TotalAssetsGrp/BOYAmt010031207
IRS990/TotalAssetsGrp/EOYAmt09689695
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100079
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01099400
IRS990/TotalFunctionalExpensesGrp/TotalAmt01199479
IRS990/TotalGrossUBIAmt0120965
IRS990/TotalLiabilitiesBOYAmt012120988
IRS990/TotalLiabilitiesEOYAmt09347246
IRS990/TotalLiabilitiesGrp/BOYAmt012120988
IRS990/TotalLiabilitiesGrp/EOYAmt09347246
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2089781
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0342449
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01099400
IRS990/TotalProgramServiceRevenueAmt0777344
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03510744
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03631709
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0120965
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010031207
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09689695
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0575 PIERCE STREET
IRS990/USAddress/CityNm0KINGSTON
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018704
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0"N/A"
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL MCCORMICK CPA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05708243543
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COAL STREET REDEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0COAL
ReturnHeader/Filer/EIN0264692448
ReturnHeader/Filer/PhoneNum05708243543
ReturnHeader/Filer/USAddress/AddressLine1Txt0575 PIERCE STREET
ReturnHeader/Filer/USAddress/CityNm0KINGSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd018704
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E1F87D009233C2370FA597722C0D7A1622489773
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.229.124.227
ReturnHeader/FilingSecurityInformation/IPDt02018-10-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:34:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY VIRCHOW KRAUSE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt046 PUBLIC SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILKESBARRE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0187012681
ReturnHeader/PreparerPersonGrp/PhoneNum05708200100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN P RICCETTI CPA
ReturnHeader/ReturnTs02018-10-23T13:03:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,689,695
Liabilities
$9,347,246
Net assets
$342,449
Revenue
$3,631,709
Expenses
$1,199,479
Net income
$2,432,230
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.72$9.60$0.89$1.16$1.05$0.11
2023Detailed filing. Detailed filing data is available for this year.$8.53$9.59$1.06$0.62$1.09$0.47
2022Detailed filing. Detailed filing data is available for this year.$8.42$8.91$0.49$0.71$0.92$0.21
2021Detailed filing. Detailed filing data is available for this year.$8.44$8.67$0.23$0.65$0.95$0.31
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.90$8.82$0.08$0.92$0.92$0.00
2019Detailed filing. Detailed filing data is available for this year.$9.09$9.02$0.07$0.91$1.09$0.18
2018Detailed filing. Detailed filing data is available for this year.$9.31$9.14$0.18$1.02$1.19$0.17
2017Detailed filing. Detailed filing data is available for this year.$9.69$9.35$0.34$3.63$1.20$2.43
2016Detailed filing. Detailed filing data is available for this year.$10.0$12.1$2.09$0.85$1.21$0.37