Civic Intelligence

Unknown Organization

EIN 74-3101915 • 501(c)3 • Glens Falls, NY

Profile

See schedule othe organization is a local development corporation operated for exclusively charitable or public purposes of relieving and reducing unemployment, bettering and maintaining job opportunities, developing industrial parks and other real estate, carrying on scientific research for the purpose of aiding the warren county geographical area, and attracting new business and industry to warren county.

C/O 234 Glen StreetGlens Falls, NY 12801

n/A

Siviq Scores

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

Liabilities / Assets

80th percentile

0.30x

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

501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2014

Net Margin

100th percentile

124%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-24%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$530,096

Down $170,657 (-24%) from 2013

Liabilities

Down

$159,657

Down $943 (-0.6%) from 2013

Net Assets

Down

$370,439

Down $169,714 (-31%) from 2013

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$137,208

Down $158,136 (-756%) from 2013

Expenses

Up

$32,506

Up $11,240 (+53%) from 2013

Net Income

Down

-$169,714

Down $169,376 (-50111%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$800K$600K$400K$200K$0Assets 2011: $786,818Liabilities 2011: $255,600Net Assets 2011: $531,2182011Assets 2012: $794,891Liabilities 2012: $254,400Net Assets 2012: $540,4912012Assets 2013: $700,753Liabilities 2013: $160,600Net Assets 2013: $540,1532013Assets 2014: $530,096Liabilities 2014: $159,657Net Assets 2014: $370,4392014

Highlighted filing

2014

Assets$530,096
Liabilities$159,657
Net Assets$370,439
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100K-$200KRevenue 2011: $55,176Expenses 2011: $48,562Net Income 2011: $6,6142011Expenses 2012: $121,3132012Revenue 2013: $20,928Expenses 2013: $21,266Net Income 2013: -$3382013Revenue 2014: -$137,208Expenses 2014: $32,506Net Income 2014: -$169,7142014

Highlighted filing

2014

Revenue-$137,208
Expenses$32,506
Net Income-$169,714
Open 2014 Filing

Filings

Most recent year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$530,096
Liabilities
$159,657
Net assets
$370,439
Revenue
-$137,208
Expenses
$32,506
Net income
-$169,714
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$5.30$1.60$3.70$1.37$0.33$1.70
2013Detailed filing. Detailed filing data is available for this year.$7.01$1.61$5.40$0.21$0.21$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.95$2.54$5.40$1.21
2011Summary only. Only limited summary data is available for this year.$7.87$2.56$5.31$0.55$0.49$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 21, 2015
Return Version
2014v5.0
Gross Receipts
$108,385
Mission and Program Overview

Mission

See schedule othe organization is a local development corporation operated for exclusively charitable or public purposes of relieving and reducing unemployment, bettering and maintaining job opportunities, developing industrial parks and other real estate, carrying on scientific research for the purpose of aiding the warren county geographical area, and attracting new business and industry to warren county.

The organization is charged with promoting commercial and industrial development.the organization is charged with promoting commercial and industrial development, reducing unemployment, and promoting economic growth in warren county, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$112,049$180,995▲ $68,946
Savings and Temporary Cash Investments$147,501$147,575▲ $74
Land, Buildings, and Equipment, Net$209,249$7,868▼ $201,381
Total Assets$700,753$530,096▼ $170,657
Other Assets Total$231,954$193,658▼ $38,296
Liabilities
Other Liabilities$159,600$159,600→ $0
Deferred Revenue$1,000$0▼ $1,000
Accounts Payable and Accrued Expenses-$57-
Total Liabilities$160,600$159,657▼ $943
Net Assets / Fund Balance
Unrestricted Net Assets$540,153$370,439▼ $169,714
Total Net Assets Fund Balance$540,153$370,439▼ $169,714
Total Liabilities and Net Assets / Fund Balance$700,753$530,096▼ $170,657

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,868-$7,868
Other Assets Org$43,982--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Michael BorgosChairman
Charles BartonVice Chairman
Jack BieniekDirector
Edward BartholomewChief Administrator
Jeff ByrneSecretary
Arleen GirardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$33,311
Program Service Revenue
$0
Investment Income
$-170,519
Other Revenue
$0
Change in Net Assets
$-169,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,856
Grants and Similar Amounts Paid$650
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$6,255-$6,255
Fees for Services Accounting-$5,790-$5,790
Other Expenses$3,727--$3,727
Insurance-$3,480-$3,480
Advertising$2,450--$2,450
Grants to Domestic Individuals$650--$650
Office Expenses-$169-$169
Total Functional Expenses$16,812$15,694$0$32,506
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
Due to Related Exempt Organization$159,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Section B, Line 11

“Line 11a explanation - a copy of the 990 is provided to the board members prior to filing for their review and approval.”

Form 990, Part VI, Section B, Line 12C

“Before engaging in renewal and/or new contracts for any professional services, supplies, etc., the executive committee is advised of potential conflict by the president or financial director and recommendations regarding any action to be taken, including abstention from key votes.”

Form 990, Part VI, Section B, Line 15A

“The board reviews and approves all compensation arrangements.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Hudson River Local Development Corporation
EIN
74-3101915
Phone
5187616007
Address
C/O 234 GLEN STREET, GLENS FALLS, NY 12801

Signing Officer

Name
Michael Borgos
Title
Chairman
Phone
5187616007
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Borgos
Formed
2005
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Marvin and Company Pc
Address
111 EVERTS AVE, QUEENSBURY, NY 12804
Preparer
Heather D Patten CPA
Phone
5187926595
Raw XML Appendix387 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/EOYAmt057
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION IS CHARGED WITH PROMOTING COMMERCIAL AND INDUSTRIAL DEVELOPMENT.THE ORGANIZATION IS CHARGED WITH PROMOTING COMMERCIAL AND INDUSTRIAL DEVELOPMENT, REDUCING UNEMPLOYMENT, AND PROMOTING ECONOMIC GROWTH IN WARREN COUNTY, NEW YORK.
IRS990/AdvertisingGrp/ProgramServicesAmt02450
IRS990/AdvertisingGrp/TotalAmt02450
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER SWITZER
IRS990/BooksInCareOfDetail/PhoneNum05187616007
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0234 GLEN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0GLENS FALLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012801
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0112049
IRS990/CashNonInterestBearingGrp/EOYAmt0180995
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt033311
IRS990/CYGrantsAndSimilarPaidAmt0650
IRS990/CYInvestmentIncomeAmt0-170519
IRS990/CYOtherExpensesAmt031856
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-169714
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt032506
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-137208
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01000
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0QUEENSBURY BUSINESS PARK - LAND DEVELOPMENT AND MAINTENANCE OF HRLDC OWNED PROPERTY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt014468
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05790
IRS990/FeesForServicesAccountingGrp/TotalAmt05790
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06255
IRS990/FeesForServicesLegalGrp/TotalAmt06255
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JACK BIENIEK
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES BARTON
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL BORGOS
IRS990/Form990PartVIISectionAGrp/PersonNm3EDWARD BARTHOLOMEW
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF BYRNE
IRS990/Form990PartVIISectionAGrp/PersonNm5ARLEEN GIRARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-170593
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0650
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0650
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt075000
IRS990/GrossReceiptsAmt0108385
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03480
IRS990/InsuranceGrp/TotalAmt03480
IRS990/InvestmentIncomeGrp/ExclusionAmt074
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt074
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0209249
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07868
IRS990/LandBldgEquipCostOrOtherBssAmt07868
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0245593
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE OTHE ORGANIZATION IS A LOCAL DEVELOPMENT CORPORATION OPERATED FOR EXCLUSIVELY CHARITABLE OR PUBLIC PURPOSES OF RELIEVING AND REDUCING UNEMPLOYMENT, BETTERING AND MAINTAINING JOB OPPORTUNITIES, DEVELOPING INDUSTRIAL PARKS AND OTHER REAL ESTATE, CARRYING ON SCIENTIFIC RESEARCH FOR THE PURPOSE OF AIDING THE WARREN COUNTY GEOGRAPHICAL AREA, AND ATTRACTING NEW BUSINESS AND INDUSTRY TO WARREN COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0540153
IRS990/NetAssetsOrFundBalancesEOYAmt0370439
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-170593
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-170593
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0169
IRS990/OfficeExpensesGrp/TotalAmt0169
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0231954
IRS990/OtherAssetsTotalGrp/EOYAmt0193658
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt09985
IRS990/OtherExpensesGrp/ProgramServicesAmt13727
IRS990/OtherExpensesGrp/TotalAmt09985
IRS990/OtherExpensesGrp/TotalAmt13727
IRS990/OtherLiabilitiesGrp/BOYAmt0159600
IRS990/OtherLiabilitiesGrp/EOYAmt0159600
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL BORGOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0139 WARREN ST- GLENS FALLS ARMORY. REAL ESTATE WAS PURCHASED IN PREVIOUS YEARS ADJACENT TO THE GLENS FALLS ARMORY TO MAKE ADDITIONAL PARKING OPTIONS AVAILABLE TO PROSPECTIVE PURCHASERS OF THE GLENS FALLS ARMORY. EXPENSE REPORTED IS FOR COSTS OF MAINTAINING PROPERTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02344
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0650
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020855
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt073
IRS990/PYOtherExpensesAmt021266
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-338
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt021266
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020928
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-169714
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt033311
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0147501
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0147575
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2012 AMOUNT: $ 431.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0130055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0140000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0379221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0425
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0431
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0431
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99770
IRS990ScheduleA/PublicSupportPY170Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt0379221
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0130055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0379221
IRS990ScheduleA/TotalSupportAmt0380077
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/ScheduleBRequiredInd01
IRS990ScheduleD/LandGrp/BookValueAmt07868
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07868
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03616
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2141060
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt343982
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED EXEMPT ORGANIZATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED EXPENSES-ACQUISITION COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEVELOPMENT COSTS-QBP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0159600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED EXEMPT ORGANIZATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07868
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0193658
IRS990ScheduleD/TotalLiabilityAmt0159600
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - A COPY OF THE 990 IS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEFORE ENGAGING IN RENEWAL AND/OR NEW CONTRACTS FOR ANY PROFESSIONAL SERVICES, SUPPLIES, ETC., THE EXECUTIVE COMMITTEE IS ADVISED OF POTENTIAL CONFLICT BY THE PRESIDENT OR FINANCIAL DIRECTOR AND RECOMMENDATIONS REGARDING ANY ACTION TO BE TAKEN, INCLUDING ABSTENTION FROM KEY VOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES ALL COMPENSATION ARRANGEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0141757090
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE_7_ORGANIZATION_
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0234 GLEN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GLENS FALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012801
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0700753
IRS990/TotalAssetsEOYAmt0530096
IRS990/TotalAssetsGrp/BOYAmt0700753
IRS990/TotalAssetsGrp/EOYAmt0530096
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt033311
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015694
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016812
IRS990/TotalFunctionalExpensesGrp/TotalAmt032506
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0160600
IRS990/TotalLiabilitiesEOYAmt0159657
IRS990/TotalLiabilitiesGrp/BOYAmt0160600
IRS990/TotalLiabilitiesGrp/EOYAmt0159657
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0540153
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0370439
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt016812
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt074
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-170593
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-137208
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0700753
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0530096
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0540153
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0370439
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O 234 GLEN STREET
IRS990/USAddress/CityNm0GLENS FALLS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012801
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BORGOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05187616007
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUDSON RIVER LOCAL DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0HUDS
ReturnHeader/Filer/EIN0743101915
ReturnHeader/Filer/PhoneNum05187616007
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O 234 GLEN STREET
ReturnHeader/Filer/USAddress/CityNm0GLENS FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141567343
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARVIN AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 EVERTS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUEENSBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012804
ReturnHeader/PreparerPersonGrp/PhoneNum05187926595
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER D PATTEN CPA
ReturnHeader/ReturnTs02015-05-07T14:30:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.