Civic Intelligence

Webster Community Coalition for Economic Development Corporation

990EZ • Fiscal year 2020 • EIN 80-0260957

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

28 W Main StreetWebster, NY 14580

(585) 315-2016

Siviq Scores

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

Liabilities / Assets

71st percentile

0.22x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.15x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Net Margin

47th percentile

2.9%

Higher net margin than 47% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Source year 2020

Top Officer Pay

87th percentile

$62,220

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 83.0% of source-year revenue.

2020 filings • NTEE S30 • <$500k nonprofits • Source year 2020

Asset Growth

73rd percentile

33%

Faster asset growth than 73% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-35%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$51,042

Up $12,627 (+33%) from 2019

Net Assets

Up

$39,842

Up $2,167 (+5.8%) from 2019

Liabilities

Up

$11,200

Up $10,460 (+1414%) from 2019

Revenue

Down

$75,000

Down $41,228 (-35%) from 2019

Expenses

Down

$72,833

Down $24,643 (-25%) from 2019

Net Income

Down

$2,167

Down $16,585 (-88%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $8,198Liabilities 2011: $02011Assets 2012: $9,238Liabilities 2012: $02012Assets 2013: $12,039Liabilities 2013: $02013Assets 2014: $8,309Liabilities 2014: $02014Assets 2015: $42,683Liabilities 2015: $02015Assets 2016: $34,832Net Assets 2016: $34,8322016Assets 2017: $31,216Liabilities 2017: $0Net Assets 2017: $31,2162017Assets 2018: $18,923Net Assets 2018: $18,9232018Assets 2019: $38,415Liabilities 2019: $740Net Assets 2019: $37,6752019Assets 2020: $51,042Liabilities 2020: $11,200Net Assets 2020: $39,8422020Assets 2021: $65,871Net Assets 2021: $65,8712021Assets 2022: $64,161Net Assets 2022: $64,1612022Assets 2023: $66,862Net Assets 2023: $66,8622023Assets 2024: $72,967Net Assets 2024: $72,9672024

Highlighted filing

2020

Assets$51,042
Liabilities$11,200
Net Assets$39,842

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $46,885Expenses 2011: $38,084Net Income 2011: $8,8012011Revenue 2012: $43,936Expenses 2012: $42,896Net Income 2012: $1,0402012Revenue 2013: $45,500Expenses 2013: $42,699Net Income 2013: $2,8012013Revenue 2014: $45,500Expenses 2014: $49,230Net Income 2014: -$3,7302014Revenue 2015: $151,950Expenses 2015: $117,576Net Income 2015: $34,3742015Revenue 2016: $74,025Expenses 2016: $81,876Net Income 2016: -$7,8512016Revenue 2017: $122,217Expenses 2017: $125,833Net Income 2017: -$3,6162017Revenue 2018: $99,931Expenses 2018: $112,204Net Income 2018: -$12,2732018Revenue 2019: $116,228Expenses 2019: $97,476Net Income 2019: $18,7522019Revenue 2020: $75,000Expenses 2020: $72,833Net Income 2020: $2,1672020Revenue 2021: $100,365Expenses 2021: $74,336Net Income 2021: $26,0292021Revenue 2022: $75,000Expenses 2022: $76,710Net Income 2022: -$1,7102022Revenue 2023: $81,860Expenses 2023: $79,159Net Income 2023: $2,7012023Revenue 2024: $86,310Expenses 2024: $80,205Net Income 2024: $6,1052024

Highlighted filing

2020

Revenue$75,000
Expenses$72,833
Net Income$2,167
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$75,000
Mission and Program Overview

Mission

To foster economic growth and development in a manner consistent with town and village policy; to releive and reduce unemployment;promote and provide for additional and maximum employment; enhance and maintain job opportunities; and lessen the burdens of government and act in the public interest.

Program Services

DescriptionGrantsExpenses
THE COALITION CONTINUED TO SUPPORT THE GROWTH AND PROSPERITY OF THE WEBSTER COMMUNITY BY FACILITATING AND FOSTERING INVESTMENT AND DEVELOPMENT. IT ALSO FACILITATIED THE APPLICATIONS FOR AND RECEITPS OF FEDERAL AND STATE GRANT MONIES FOR MULTIPLE COMMUNITY AND ECONOMIC DEVELOPMENT INITIATIVES IN THE TOWN AND VILLAGE OF WEBSTER.$72,339-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT CHATFIELDExecutive DirectorFT$62,220-$62,220
BARRY HOWARDPresident-$0--
ELENA BERNARDITreasurer-$0--
CARMEN GUMINADirector-$0--
THOMAS FLAHERTYDirector-$0--
DARRYL BYERTSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Webster Community Coalition for Economic
EIN
80-0260957
Phone
5853152016
Address
28 W MAIN STREET, WEBSTER, NY 14580

Signing Officer

Name
Barry Howard
Title
President
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Bernardi & Company Cpas Llp
Address
40 Barrett Drive, Webster, NY 14580
Preparer
Elena M Bernardi CPA
Phone
5852179393
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $811

Other Expenses.1002

Office Expenses $826

Other Expenses.1003

Information Technology $239

Other Expenses.1012

Insurance $2191

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $740 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1

PPP Loan - Beginning $0 PPP Loan - Ending $11200

Raw XML Appendix179 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $826
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2191
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.86$0.80$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.67$0.67$0.82$0.79$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.64$0.75$0.77$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.66$0.66$1.00$0.74$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.51$0.11$0.40$0.75$0.73$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.38$1.16$0.97$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.19$1.00$1.12$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.22$1.26$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.35$0.74$0.82$0.08
2015Summary only. Only limited summary data is available for this year.$0.43$0.00$1.52$1.18$0.34
2014Summary only. Only limited summary data is available for this year.$0.08$0.00$0.46$0.49$0.04
2013Summary only. Only limited summary data is available for this year.$0.12$0.00$0.46$0.43$0.03
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.44$0.43$0.01
2011Summary only. Only limited summary data is available for this year.$0.08$0.00$0.47$0.38$0.09