Civic Intelligence

1000 Islands Regional Local Development Corporation

990EZ • Fiscal year 2021 • EIN 84-1988435

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 03, 2021

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

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-27%

Higher net margin than 12% of similar nonprofits.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

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

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-29%

Faster asset growth than 10% of similar nonprofits.

2021 filings • NTEE J • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-47%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • NTEE J • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$38,925

Down $16,223 (-29%) from 2020

Net Assets

Down

$38,925

Down $13,609 (-26%) from 2020

Liabilities

Down

$0

Down $2,614 (-100%) from 2020

Revenue

Down

$50,000

Down $45,000 (-47%) from 2020

Expenses

Up

$63,609

Up $21,143 (+50%) from 2020

Net Income

Down

-$13,609

Down $66,143 (-126%) from 2020

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

2021

Assets$38,925
Liabilities$0
Net Assets$38,925

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

2021

Revenue$50,000
Expenses$63,609
Net Income-$13,609
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 3, 2021
Return Version
2020v4.1
Gross Receipts
$50,000
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$50,000$63,609
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
2021-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Bowers & Company Cpas Pllc
Address
1120 COMMERCE PARK DRIVE EAST, WATERTOWN, NY 13601
Preparer
Thomas E Bowie
Phone
3157887690
Supplemental Narrative

Additional Explanations

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

Description: bank fees. Amount: 90. Description: taxes. Amount: 25. Description: insurance. Amount: 1,309. Total to form 990-ez, line 16: 1,424.

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

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

Raw XML Appendix178 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/BooksInCareOfDetail/USAddress/CityNm0WATERTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd013601
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOEL BARTLETT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK GEBO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN MORGIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHELE TRAYNOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBERT KOWALICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6FREDERICK HAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7WILLIAM CAPRARA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MICHAEL CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01424
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ISSUE TAX EXEMPT BONDS FOR ECONOMIC DEVELOPMENT FOR THE REGION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO 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
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt063609
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt050000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt095000
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0145000
IRS990ScheduleA/TotalSupportAmt0145000
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 90. DESCRIPTION: TAXES. AMOUNT: 25. DESCRIPTION: INSURANCE. AMOUNT: 1,309. TOTAL TO FORM 990-EZ, LINE 16: 1,424.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 2,614. END OF YEAR AMOUNT: 0.
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS E BOWIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03157783343
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-03
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
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201317788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWERS & COMPANY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01120 COMMERCE PARK DRIVE EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013601
ReturnHeader/PreparerPersonGrp/PhoneNum03157887690
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS E BOWIE
ReturnHeader/ReturnTs02021-08-10T11:43:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOWIE
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings