Civic Intelligence

Watkins Glen Community Development Inc

EIN 84-3234816 • 501(c)3 • Watkins Glen, NY

Profile

Planning, facilitating, coordinating, organizing, developing, managing, maintaining, owning, redeveloping, and operating housing developments in conjunction with the watkins glen housing authority, a municipal housing authority in the state of new york.

222 E 2nd StreetWatkins Glen, NY 14891

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

$104,985

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$104,985

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin98th percentile

Revenue

$105,000

No earlier filing loaded for comparison.

Expenses

$15

No earlier filing loaded for comparison.

Net Income

$104,985

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2019: $104,985Liabilities 2019: $0Net Assets 2019: $104,9852019

Highlighted filing

2019

Assets$104,985
Liabilities$0
Net Assets$104,985
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0Revenue 2019: $105,000Expenses 2019: $15Net Income 2019: $104,9852019

Highlighted filing

2019

Revenue$105,000
Expenses$15
Net Income$104,985
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$104,985
Liabilities
$0
Net assets
$104,985
Revenue
$105,000
Expenses
$15
Net income
$104,985
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$1.05$0.00$1.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 19, 2019 to Dec 31, 2019
Signed
Jan 14, 2022
Return Version
2019v5.2
Gross Receipts
$105,000
Mission and Program Overview

Mission

Planning, facilitating, coordinating, organizing, developing, managing, maintaining, owning, redeveloping, and operating housing developments in conjunction with the watkins glen housing authority, a municipal housing authority in the state of new york.

Program Services

DescriptionGrantsExpenses
DEVELOPER FOR THE GLEN LAKE APARTMENTS PROJECT. THE APARTMENT PROJECT CONSISTS OF DEVELOPING A 34 UNIT AFFORDABLE HOUSING PROJECT IN THE VILLAGE OF WATKINS GLEN, NY. THE HOUSING DEVELOPED WILL HAVE AN EMPHASIS ON ENERGY EFFICIENT INFRASTRUCTURE AND USE OF ALTERNATIVE ENERGY RESOURCES.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY WOODWORTHVice President-$0--
ELIZABETH DECAROSecretary/Treasurer-$0--
PETER WYDINSKIPresident-$0--
Filing and Contact Details

Filer

Filer Name
Watkins Glen Community Development Inc
EIN
84-3234816
Phone
6075352640
Address
222 E 2ND STREET, WATKINS GLEN, NY 14891

Signing Officer

Name
Nancy Woodworth
Title
Vice President
Phone
6075352640
Signed
2022-01-14
Discuss with paid preparer
Yes

Preparer

Firm
Insero & Co Cpas Llp
Address
20 THORNWOOD DRIVE, ITHACA, NY 14850
Preparer
Duane Shoen
Phone
6072724444
Supplemental Narrative

Additional Explanations

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

“Description: bank fees. Amount: 15.”

Form 990-ez, Page 1, Line B

“The return is being amended to include an irc sec. 168(h)(6)(f)(ii) election for glen lake apartments mm, llc, a 49% owned subsidiary of watkins glen community development inc.”

Raw XML Appendix136 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER TANNER
IRS990EZ/BooksInCareOfDetail/PhoneNum06075352640
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 E 2ND STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATKINS GLEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014891
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0104985
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0105000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0104985
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0104985
IRS990EZ/GrossReceiptsAmt0105000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0104985
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0104985
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY WOODWORTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELIZABETH DECARO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER WYDINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PLANNING, FACILITATING, COORDINATING, ORGANIZING, DEVELOPING, MANAGING, MAINTAINING, OWNING, REDEVELOPING, AND OPERATING HOUSING DEVELOPMENTS IN CONJUNCTION WITH THE WATKINS GLEN HOUSING AUTHORITY, A MUNICIPAL HOUSING AUTHORITY IN THE STATE OF NEW YORK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPER FOR THE GLEN LAKE APARTMENTS PROJECT. THE APARTMENT PROJECT CONSISTS OF DEVELOPING A 34 UNIT AFFORDABLE HOUSING PROJECT IN THE VILLAGE OF WATKINS GLEN, NY. THE HOUSING DEVELOPED WILL HAVE AN EMPHASIS ON ENERGY EFFICIENT INFRASTRUCTURE AND USE OF ALTERNATIVE ENERGY RESOURCES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt015
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0105000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02019 WAS A SHORT YEAR FOR THE ORGANIZATION AS IT WAS INCORPORATED IN SEPTEMBER 2019.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0105000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0105000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0105000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0105000
IRS990ScheduleA/Total509Grp/TotalAmt0105000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0105000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0105000
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: 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS BEING AMENDED TO INCLUDE AN IRC SEC. 168(H)(6)(F)(II) ELECTION FOR GLEN LAKE APARTMENTS MM, LLC, A 49% OWNED SUBSIDIARY OF WATKINS GLEN COMMUNITY DEVELOPMENT INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PAGE 1, LINE B
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY WOODWORTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06075352640
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATKINS GLEN COMMUNITY DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0WATK
ReturnHeader/Filer/EIN0843234816
ReturnHeader/Filer/PhoneNum06075352640
ReturnHeader/Filer/USAddress/AddressLine1Txt0222 E 2ND STREET
ReturnHeader/Filer/USAddress/CityNm0WATKINS GLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014891
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475324570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INSERO & CO CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 THORNWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ITHACA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014850
ReturnHeader/PreparerPersonGrp/PhoneNum06072724444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DUANE SHOEN
ReturnHeader/ReturnTs02022-01-18T07:45:52-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-09-19
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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)3 • <$500k nonprofits