Civic Intelligence

Orange County Business Development Corp

990EZ • Fiscal year 2017 • EIN 90-0249263

May 01, 2016 to Apr 30, 2017 • Filed on Oct 31, 2017

Organization ProfileN/A
30 Scotts Corners DriveMontgomery, NY 12549

(845) 457-9700

Siviq Scores

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

Liabilities / Assets

96th percentile

0.88x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

226.22x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-272%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

39th percentile

-2.6%

Faster asset growth than 39% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$298,560

Down $7,833 (-2.6%) from 2016

Net Assets

Down

$35,240

Down $21,761 (-38%) from 2016

Liabilities

Up

$263,320

Up $13,928 (+5.6%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$1,164

Down $40,210 (-97%) from 2016

Expenses

Down

$4,330

Down $7,190 (-62%) from 2016

Net Income

Down

-$3,166

Down $33,020 (-111%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$600K$400K$200K$0-$200KAssets 2010: $270,724Liabilities 2010: $221,525Net Assets 2010: $49,1992010Assets 2011: $457,939Liabilities 2011: $417,261Net Assets 2011: $40,6782011Assets 2012: $495,961Liabilities 2012: $453,981Net Assets 2012: $41,9802012Assets 2013: $418,772Liabilities 2013: $377,186Net Assets 2013: $41,5862013Assets 2014: $409,171Liabilities 2014: $373,016Net Assets 2014: $36,1552014Assets 2015: $376,605Liabilities 2015: $349,458Net Assets 2015: $27,1472015Assets 2016: $306,393Liabilities 2016: $249,392Net Assets 2016: $57,0012016Assets 2017: $298,560Liabilities 2017: $263,320Net Assets 2017: $35,2402017Assets 2018: $310,448Liabilities 2018: $278,806Net Assets 2018: $31,6422018Assets 2019: $307,944Liabilities 2019: $278,806Net Assets 2019: $29,1382019Assets 2020: $307,458Liabilities 2020: $278,806Net Assets 2020: $28,6522020Assets 2021: $276,586Liabilities 2021: $278,806Net Assets 2021: -$2,2202021Assets 2022: $275,672Liabilities 2022: $278,806Net Assets 2022: -$3,1342022

Highlighted filing

2017

Assets$298,560
Liabilities$263,320
Net Assets$35,240
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

$100K$50K$0-$50KRevenue 2010: $11,014Expenses 2010: $5,550Net Income 2010: $5,4642010Revenue 2011: $17,526Expenses 2011: $26,047Net Income 2011: -$8,5212011Revenue 2012: $11,774Expenses 2012: $10,472Net Income 2012: $1,3022012Revenue 2013: $10,077Expenses 2013: $10,471Net Income 2013: -$3942013Revenue 2014: $7,010Expenses 2014: $12,441Net Income 2014: -$5,4312014Revenue 2015: $71,473Expenses 2015: $80,481Net Income 2015: -$9,0082015Revenue 2016: $41,374Expenses 2016: $11,520Net Income 2016: $29,8542016Revenue 2017: $1,164Expenses 2017: $4,330Net Income 2017: -$3,1662017Revenue 2018: $11,235Expenses 2018: $14,833Net Income 2018: -$3,5982018Revenue 2019: $313Expenses 2019: $2,817Net Income 2019: -$2,5042019Revenue 2020: $433Expenses 2020: $918Net Income 2020: -$4852020Revenue 2021: $222Expenses 2021: $31,094Net Income 2021: -$30,8722021Revenue 2022: $4Expenses 2022: $918Net Income 2022: -$9142022

Highlighted filing

2017

Revenue$1,164
Expenses$4,330
Net Income-$3,166
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$1,164
Mission and Program Overview

Mission

Provide low cost loans to small businesses.

Improvement of business conditions.

Program Services

DescriptionGrantsExpenses
PROVIDE LOW COST LOANS TO SMALL BUSINESSES--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LYNN ALLEN CIONEPresidentPT$0--
CYNTHIA CLUNEVice Preside-$0--
RALPH MARTUCCITreasurer-$0--
BRIAN RATYNSKISecretary-$0--
CHARLIE MILICHBoard Member-$0--
THOMAS SULLIVANBoard Member-$0--
JOHN MCDERMOTT IIIBoard Member-$0--
F EDWARD DEVITTBoard Member-$0--
MICHAEL GITTELSOHNBoard Member-$0--
THOMAS MASTERSONTerm Ended M-$0--
JAMES WRIGHTBoard Of Director-$0--
Filing and Contact Details

Filer

Filer Name
Orange County Business
EIN
90-0249263
Phone
8454579700
Address
30 SCOTTS CORNERS DRIVE, MONTGOMERY, NY 12549

Signing Officer

Name
Lynn Allen Cione
Title
President
Phone
8455676229
Signed
2017-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Rbt Cpas Llp
Address
11 RACQUET RD, NEWBURGH, NY 12550
Preparer
Michael a Turturro CPA
Phone
8455679000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses interest 100 insurance 680 filing fee 50 total 830”

Form 990-ez, Part I, Line 20

“Reversal of prior year program revenue -18,596”

Form 990-ez, Part II, Line 24

“Notes receivable 134,658 95,038 interest receivable 43,358 0 total 178,016 95,038”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 49,350 49,350 unsecured notes and loans payable 182,141 188,187 accrued interest payable 0 7,883 certificate of indebtedness 17,900 17,900”

Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CASEY MEIER
IRS990EZ/BooksInCareOfDetail/PhoneNum08454579700
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt030 SCOTTS CORNERS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTGOMERY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012549
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0128377
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0203522
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3166
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03500
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0306393
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0298560
IRS990EZ/GrossReceiptsAmt01164
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt057002
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035240
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt057002
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035240
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LYNN ALLEN CIONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CYNTHIA CLUNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RALPH MARTUCCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRIAN RATYNSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHARLIE MILICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5THOMAS SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOHN MCDERMOTT III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7F EDWARD DEVITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MICHAEL GITTELSOHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9THOMAS MASTERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JAMES WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TERM ENDED M
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD OF DIR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0178016
IRS990EZ/OtherAssetsTotalDetail/EOYAmt095038
IRS990EZ/OtherChangesInNetAssetsAmt0-18596
IRS990EZ/OtherExpensesTotalAmt0830
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0IMPROVEMENT OF BUSINESS CONDITIONS.
IRS990EZ/ProgramServiceRevenueAmt01164
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE LOW COST LOANS TO SMALL BUSINESSES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0249391
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0263320
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04330
IRS990EZ/TotalRevenueAmt01164
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 100 INSURANCE 680 FILING FEE 50 TOTAL 830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVERSAL OF PRIOR YEAR PROGRAM REVENUE -18,596
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTES RECEIVABLE 134,658 95,038 INTEREST RECEIVABLE 43,358 0 TOTAL 178,016 95,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 49,350 49,350 UNSECURED NOTES AND LOANS PAYABLE 182,141 188,187 ACCRUED INTEREST PAYABLE 0 7,883 CERTIFICATE OF INDEBTEDNESS 17,900 17,900
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNN ALLEN CIONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08455676229
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ORANGE COUNTY BUSINESS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0ORAN
ReturnHeader/Filer/EIN0900249263
ReturnHeader/Filer/PhoneNum08454579700
ReturnHeader/Filer/USAddress/AddressLine1Txt030 SCOTTS CORNERS DRIVE
ReturnHeader/Filer/USAddress/CityNm0MONTGOMERY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012549
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00658C10B6DAEF9109C66A04D1AA313193A89F809
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A042DA6BE745F73BD902A1B40E8D7EED121E9966
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141604297
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RBT CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011 RACQUET RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWBURGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012550
ReturnHeader/PreparerPersonGrp/PhoneNum08455679000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A TURTURRO CPA
ReturnHeader/ReturnTs02017-11-14T16:51:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$298,560
Liabilities
$263,320
Net assets
$35,240
Revenue
$1,164
Expenses
$4,330
Net income
-$3,166
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.76$2.79$0.03$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.77$2.79$0.02$0.00$0.31$0.31
2020Detailed filing. Detailed filing data is available for this year.$3.07$2.79$0.29$0.00$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$3.08$2.79$0.29$0.00$0.03$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.10$2.79$0.32$0.11$0.15$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.99$2.63$0.35$0.01$0.04$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.06$2.49$0.57$0.41$0.12$0.30
2015Detailed filing. Detailed filing data is available for this year.$3.77$3.49$0.27$0.71$0.80$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.09$3.73$0.36$0.07$0.12$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$3.77$0.42$0.10$0.10$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$4.54$0.42$0.12$0.10$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$4.17$0.41$0.18$0.26$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$2.22$0.49$0.11$0.06$0.05