Civic Intelligence

1000 Islands Regional Local Development Corporation

990EZ • Fiscal year 2020 • EIN 84-1988435

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 03, 2020

22867 County Route 67Watertown, NY 13601

(315) 778-3343

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

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

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

Asset Growth

100th percentile

5514700%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Assets

Up

$55,148

Up $55,147 (+5514700%) from 2019

Net Assets

$52,534

No earlier filing loaded for comparison.

Liabilities

Up

$2,614

Up $2,614 from 2019

Revenue

Up

$95,000

Up $95,000 from 2019

Expenses

Up

$42,466

Up $42,466 from 2019

Net Income

Up

$52,534

Up $52,534 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 2019: $1Liabilities 2019: $02019Assets 2020: $55,148Liabilities 2020: $2,614Net Assets 2020: $52,5342020Assets 2021: $38,925Liabilities 2021: $0Net Assets 2021: $38,9252021Assets 2022: $72,878Liabilities 2022: $4,603Net Assets 2022: $68,2752022Assets 2023: $24,401Liabilities 2023: $325Net Assets 2023: $24,0762023Assets 2024: $8,440Liabilities 2024: $5,250Net Assets 2024: $3,1902024Assets 2025: $1,204Liabilities 2025: $0Net Assets 2025: $1,2042025

Highlighted filing

2020

Assets$55,148
Liabilities$2,614
Net Assets$52,534

Operations Trend

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

$100K$50K$0-$50KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $95,000Expenses 2020: $42,466Net Income 2020: $52,5342020Revenue 2021: $50,000Expenses 2021: $63,609Net Income 2021: -$13,6092021Revenue 2022: $70,000Expenses 2022: $40,150Net Income 2022: $29,8502022Revenue 2023: $0Expenses 2023: $44,199Net Income 2023: -$44,1992023Revenue 2024: $10,000Expenses 2024: $30,886Net Income 2024: -$20,8862024Revenue 2025: $20,000Expenses 2025: $21,986Net Income 2025: -$1,9862025

Highlighted filing

2020

Revenue$95,000
Expenses$42,466
Net Income$52,534
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 3, 2020
Return Version
2019v5.1
Gross Receipts
$95,000
Mission and Program Overview

Mission

To issue tax exempt bonds for economic development for the region

Program Services

DescriptionGrantsExpenses
TO CREATE ECONOMIC DEVELOPMENT IN THE THOUSAND ISLAND REGION OF NORTHERN NY BY CONSTRUCTING A MULIT-PURPOSE EVENT CENTER IN A DISTRESSED AREA OF NYS WITH THE CREATION OF 38 FULL-TIME JOBS AND $20 MILLION IN PAYROLL AS WELL AS AN INDIRECT IMPACT OF 220 FULL-TIME JOBS$95,000$42,466
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL BARTLETTChief Executive OfficerPT$0--
THOMAS E BOWIETreasurer-$0--
MARK GEBOSecretary-$0--
JOHN MORGIADirector-$0--
MICHELE TRAYNORDirector-$0--
ROBERT KOWALICKDirector-$0--
FREDERICK HAGERDirector-$0--
WILLIAM CAPRARADirector-$0--
MICHAEL CAMPBELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
1000 Islands Regional Local Development
EIN
84-1988435
Phone
3157783343
Address
22867 COUNTY ROUTE 67, WATERTOWN, NY 13601

Signing Officer

Name
Thomas E Bowie
Title
CEO
Phone
3157783343
Signed
2020-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Bowers & Company Cpas Pllc
Address
120 MADISON ST - 1700 AXA TOWER II, SYRACUSE, NY 13202
Preparer
Thomas E Bowie
Phone
3152341100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 140. Description: finance charges. Amount: 2. Description: irs filing fee. Amount: 600. Description: insurance. Amount: 1,309. Total to form 990-ez, line 16: 2,051.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 2,614.

Raw XML Appendix181 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOEL BARTLETT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MICHAEL CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleA/TotalSupportAmt095000
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 140. DESCRIPTION: FINANCE CHARGES. AMOUNT: 2. DESCRIPTION: IRS FILING FEE. AMOUNT: 600. DESCRIPTION: INSURANCE. AMOUNT: 1,309. TOTAL TO FORM 990-EZ, LINE 16: 2,051.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,614.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS E BOWIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03157783343
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt01000 ISLANDS REGIONAL LOCAL DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt01000
ReturnHeader/Filer/EIN0841988435
ReturnHeader/Filer/PhoneNum03157783343
ReturnHeader/Filer/USAddress/AddressLine1Txt022867 COUNTY ROUTE 67
ReturnHeader/Filer/USAddress/CityNm0WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013601
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.122.120.34
ReturnHeader/FilingSecurityInformation/IPDt02020-08-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:40:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201317788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWERS & COMPANY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 MADISON ST - 1700 AXA TOWER II
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYRACUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013202
ReturnHeader/PreparerPersonGrp/PhoneNum03152341100
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS E BOWIE
ReturnHeader/ReturnTs02020-09-08T09:12:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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No mirrored PDF or thumbnail assets are attached yet.

Filings