Civic Intelligence

Sodus Bay Improvement Association

EIN 45-5353456 • 501(c)4 • Wolcott, NY

Profile

Maintain & improve waters of Sodus Bay

PO Box 205Wolcott, NY 14590
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

0.60x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

91st percentile

44%

Higher net margin than 91% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

67th percentile

6.8%

Faster asset growth than 67% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

17%

Faster revenue growth than 74% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$365,894

Up $23,400 (+6.8%) from 2023

Liabilities

Down

$86,617

Down $39,777 (-31%) from 2023

Net Assets

$279,277

No earlier filing loaded for comparison.

Revenue

Up

$144,293

Up $20,508 (+17%) from 2023

Expenses

Up

$81,116

Up $1,940 (+2.5%) from 2023

Net Income

Up

$63,177

Up $18,568 (+42%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $31,423Liabilities 2012: $02012Assets 2013: $39,293Liabilities 2013: $02013Assets 2014: $56,304Liabilities 2014: $02014Assets 2015: $70,556Net Assets 2015: $70,5562015Assets 2016: $67,713Liabilities 2016: $0Net Assets 2016: $67,7132016Assets 2017: $90,363Liabilities 2017: $02017Assets 2018: $102,017Liabilities 2018: $0Net Assets 2018: $102,0172018Assets 2019: $121,436Liabilities 2019: $0Net Assets 2019: $121,4362019Assets 2020: $279,543Liabilities 2020: $114,792Net Assets 2020: $164,7512020Assets 2021: $371,299Liabilities 2021: $200,186Net Assets 2021: $171,1132021Assets 2022: $335,714Liabilities 2022: $164,223Net Assets 2022: $171,4912022Assets 2023: $342,494Liabilities 2023: $126,3942023Assets 2024: $365,894Liabilities 2024: $86,617Net Assets 2024: $279,2772024

Highlighted filing

2024

Assets$365,894
Liabilities$86,617
Net Assets$279,277

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2012: $47,790Expenses 2012: $49,248Net Income 2012: -$1,4582012Revenue 2013: $60,520Expenses 2013: $52,650Net Income 2013: $7,8702013Revenue 2014: $66,686Expenses 2014: $70,946Net Income 2014: -$4,2602014Revenue 2015: $72,860Expenses 2015: $58,608Net Income 2015: $14,2522015Revenue 2016: $66,876Expenses 2016: $69,719Net Income 2016: -$2,8432016Revenue 2017: $68,417Expenses 2017: $45,767Net Income 2017: $22,6502017Revenue 2018: $82,610Expenses 2018: $70,956Net Income 2018: $11,6542018Revenue 2019: $85,577Expenses 2019: $66,158Net Income 2019: $19,4192019Revenue 2020: $85,407Expenses 2020: $42,092Net Income 2020: $43,3152020Revenue 2021: $88,311Expenses 2021: $81,949Net Income 2021: $6,3622021Revenue 2022: $93,495Expenses 2022: $93,117Net Income 2022: $3782022Revenue 2023: $123,785Expenses 2023: $79,176Net Income 2023: $44,6092023Revenue 2024: $144,293Expenses 2024: $81,116Net Income 2024: $63,1772024

Highlighted filing

2024

Revenue$144,293
Expenses$81,116
Net Income$63,177

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.66$0.87$2.79$1.44$0.81$0.63
2023Summary only. Only limited summary data is available for this year.$3.42$1.26$1.24$0.79$0.45
2022Detailed filing. Detailed filing data is available for this year.$3.36$1.64$1.71$0.93$0.93$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$2.00$1.71$0.88$0.82$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$1.15$1.65$0.85$0.42$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.86$0.66$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$0.83$0.71$0.12
2017Summary only. Only limited summary data is available for this year.$0.90$0.00$0.68$0.46$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.67$0.70$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.71$0.73$0.59$0.14
2014Summary only. Only limited summary data is available for this year.$0.56$0.00$0.67$0.71$0.04
2013Summary only. Only limited summary data is available for this year.$0.39$0.00$0.61$0.53$0.08
2012Summary only. Only limited summary data is available for this year.$0.31$0.00$0.48$0.49$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.2
Gross Receipts
$144,293
Mission and Program Overview

Mission

Maintain & improve waters of Sodus Bay

Program Services

DescriptionGrantsExpenses
The largest service is the mechanical weed harvesting of the aquatic vegetation that is done annually. The service benefits all riparian land owners, fishermen and boaters.-$0
The manual or hand pull events. These are conducted bay-wide and the water chestnuts are removed from the Bay.-$0
The SBIA sponsors events to educate the public on law enacted to prevent the introduction and spread of invasive species.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES ROBESONPast President Director-$0--
WILLIAM LEITCHTreasurerPT$0--
TODD HARRISPresident-$0--
AMY CONNELLYSecretaryPT$0--
PAUL SCHIEBLEDirector-$0--
CHAD RUEDINDirector-$0--
RUSSELL TEEPLE1st Vice President-$0--
JOHN SIMONETDirector-$0--
WILLIAM PUMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sodus Bay Improvement Association
EIN
45-5353456
In Care Of
% WILLIAM LEITCH
Address
PO BOX 205, Wolcott, NY 14590

Signing Officer

Name
William Leitch
Title
Treasurer
Phone
5857039106
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Lori Furgusons Tax Planning
Address
2005 Ridge Road Suite F, Ontario, NY 14519
Preparer
Lori Furguson
Phone
5857484363
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountINTEREST INCOME 374

Description of other expenses Part I line 16

Description AmountOFFICE SUPPLIES 761INTEREST EXPENSE 5,184INSURANCE 17,299REPAIRS AND MAINTENANCE 21,644FUEL 904CONFERENCES, CONVENTIONS, MEETINGS 2,606DONATION 50MISC 917

Description of other assets Part II line 24

Category Beginning of Year End of YearHARVESTER AND TRAILER 17,414 17,4142010 CHEVROLET SILVERADO C2500 21,271 21,2712018 FX7 HARVESTER(Big Red) 155,000 155,000HARVESTER (Little Red) 108,800 108,800

Description of total liabilities Part II line 26

Category Beginning of Year End of YearLNB LOAN 47,817 22,947LNB LOAN 2 78,577 63,670

Raw XML Appendix153 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountINTEREST INCOME 374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOFFICE SUPPLIES 761INTEREST EXPENSE 5,184INSURANCE 17,299REPAIRS AND MAINTENANCE 21,644FUEL 904CONFERENCES, CONVENTIONS, MEETINGS 2,606DONATION 50MISC 917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearHARVESTER AND TRAILER 17,414 17,4142010 CHEVROLET SILVERADO C2500 21,271 21,2712018 FX7 HARVESTER(Big Red) 155,000 155,000HARVESTER (Little Red) 108,800 108,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearLNB LOAN 47,817 22,947LNB LOAN 2 78,577 63,670
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0455353456
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits