Civic Intelligence

Sherburne Area Local Development Corporation

990 • Fiscal year 2012 • EIN 90-0348340

Jan 01, 2012 to Dec 31, 2012 • Filed on May 08, 2013

Village Of Sherburne13460
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,598,540

Flat from 2012

Net Assets

Flat

$158,163

Flat from 2012

Liabilities

Flat

$2,440,377

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$0

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $797,151Liabilities 2010: $809,270Net Assets 2010: -$12,1192010Assets 2011: $2,651,038Liabilities 2011: $2,675,817Net Assets 2011: -$24,7792011Assets 2012: $2,598,540Liabilities 2012: $2,440,377Net Assets 2012: $158,1632012Assets 2012: $2,598,540Liabilities 2012: $2,440,377Net Assets 2012: $158,1632012Assets 2013: $2,551,816Liabilities 2013: $2,237,020Net Assets 2013: $314,7962013Assets 2014: $2,335,846Liabilities 2014: $1,863,846Net Assets 2014: $472,0002014Assets 2015: $2,289,256Liabilities 2015: $1,660,528Net Assets 2015: $628,7282015Assets 2016: $2,242,654Liabilities 2016: $1,457,626Net Assets 2016: $785,0282016Assets 2017: $2,240,685Liabilities 2017: $1,254,340Net Assets 2017: $986,3452017Assets 2018: $2,193,978Liabilities 2018: $1,051,022Net Assets 2018: $1,142,9562018Assets 2019: $2,147,204Liabilities 2019: $847,812Net Assets 2019: $1,299,3922019Assets 2020: $2,100,225Liabilities 2020: $644,260Net Assets 2020: $1,455,9652020Assets 2021: $2,055,336Liabilities 2021: $255,028Net Assets 2021: $1,800,3082021Assets 2022: $2,070,500Liabilities 2022: $259,677Net Assets 2022: $1,810,8232022Assets 2023: $2,089,247Liabilities 2023: $264,326Net Assets 2023: $1,824,9212023Assets 2024: $2,140,828Liabilities 2024: $268,975Net Assets 2024: $1,871,8532024

Highlighted filing

2012

Assets$2,598,540
Liabilities$2,440,377
Net Assets$158,163

Operations Trend

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

$400K$300K$200K$100K$0Expenses 2010: $02010Expenses 2011: $02011Expenses 2012: $02012Revenue 2012: $182,942Expenses 2012: $0Net Income 2012: $182,9422012Revenue 2013: $156,633Expenses 2013: $0Net Income 2013: $156,6332013Revenue 2014: $157,204Expenses 2014: $0Net Income 2014: $157,2042014Revenue 2015: $156,728Expenses 2015: $0Net Income 2015: $156,7282015Revenue 2016: $156,300Expenses 2016: $0Net Income 2016: $156,3002016Revenue 2017: $201,317Expenses 2017: $0Net Income 2017: $201,3172017Revenue 2018: $156,611Expenses 2018: $0Net Income 2018: $156,6112018Revenue 2019: $156,436Expenses 2019: $0Net Income 2019: $156,4362019Revenue 2020: $156,573Expenses 2020: $0Net Income 2020: $156,5732020Revenue 2021: $344,343Expenses 2021: $0Net Income 2021: $344,3432021Revenue 2022: $10,515Expenses 2022: $0Net Income 2022: $10,5152022Revenue 2023: $14,098Expenses 2023: $0Net Income 2023: $14,0982023Revenue 2024: $46,932Expenses 2024: $0Net Income 2024: $46,9322024

Highlighted filing

2012

Revenue-
Expenses$0
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 8, 2013
Return Version
2012v2.1
Gross Receipts
$307,693
Mission and Program Overview

Mission

The organization was formed as a direct supporting organization of the village of sherbure, new york. Its goal is to relieve and reduce unemployment by promoting and providing job opportunities in the village and surrounding communities.

Filing and Contact Details

Filer

EIN
90-0348340
Raw XML Appendix329 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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IRS990/ActivityOrMissionDescription0THE ORGANIZATION WAS FORMED AS A DIRECT SUPPORTING ORGANIZATION OF THE VILLAGE OF SHERBURNE, NEW YORK. ITS GOAL IS TO RELIEVE AND REDUCE UNEMPLOYMENT BY PROMOTING AND PROVIDING JOB OPPORTUNITIES IN THE VILLAGE AND SURROUNDING COMMUNITIES.
IRS990/AddressPrincipalOfficerUS/AddressLine10VILLAGE OF SHERBURNE
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IRS990/Description0CONSTRUCTION OF A NEW UTILITY SERVICES BUILDING AND DEVELOPMENT OF LAND INTO A MULTI-USE BUSINESS PARK.
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IRS990/MoreThan5000KToIndividuals00
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IRS990ScheduleD/ExpensesSubtotal00
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE CORPORATION IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE NEW YORK STATE LAW. ACCORDINGLY, NO PROVISIONS HAVE BEEN MADE FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS, INCLUDING THAT THE CORPORATION IS EXEMPT FROM TAXES AND NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS. FORMS 990 FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE CORPORATION ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEAR ENDED DECEMBER 31,2009 AND PRIOR.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1RENTAL EXPENSES 124,751.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2RENTAL EXPENSES 124,751.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/Land/BookValue0748314
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IRS990ScheduleD/OtherAssets/Description0ORGANIZATIONAL COSTS, NET
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IRS990ScheduleD/OtherLiabilities/Amount2170000
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IRS990ScheduleK/Form990ScheduleKPartI/DateIssued02011-06-30
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IRS990ScheduleK/Form990ScheduleKPartI/DescriptionOfPurpose0SEE SCHEDULE O
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IRS990ScheduleK/Form990ScheduleKPartI/IssuerEIN0900348340
IRS990ScheduleK/Form990ScheduleKPartI/IssuerName/BusinessNameLine10SHERBURNE AREA LDC
IRS990ScheduleK/Form990ScheduleKPartII/TotalProceeds01700000
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IRS990ScheduleO/GeneralExplanation/Explanation0THE 990 IS REVIEWED BY THE BOARD CHAIRMAN.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION'S DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ACQUISITION OF CERTAIN LANDS LOCATED WITHIN THE SHERBURNE ELECTRIC BUSINESS PARK; THE PLANNING, DESIGN, AND CONSTRUCTION OF A 15,000 SQUARE FOOT FACILITY FOR LEASE TO THE VILLAGE AND USE BY THE VILLAGE'S ELECTRIC DEPARTMENT AND DEPARTMENT OF PUBLIC WORKS; ACQUISITION OF CERTAIN EQUIPMENT, MACHINERY, AND OTHER TANGIBLE PERSONAL PROPERTY, AND PAYING OF CERTAIN COSTS AND EXPENSES INCIDENTAL TO THE ISSUANCE OF THE BONDS.
IRS990ScheduleO/GeneralExplanation/Identifier0PURPOSE OF ISSUING TAX-EXEMPT BONDS
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IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, SCHEDULE K, PART I
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IRS990/TotalRevenue/TotalRevenueColumn0182942
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IRS990/WebSite0WWW.SHERBURNE.ORG/SALDC.PHP
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02008
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0900348340
ReturnHeader/Filer/Name/BusinessNameLine10SHERBURNE AREA LDC CORPORATION
ReturnHeader/Filer/NameControl0SHER
ReturnHeader/Filer/Phone06076742300
ReturnHeader/Filer/USAddress/AddressLine10VILLAGE OF SHERBURNE
ReturnHeader/Filer/USAddress/City0SHERBURNE
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode013460
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-05-08
ReturnHeader/Officer/Name0WILLIAM ACEE
ReturnHeader/Officer/Phone06076742300
ReturnHeader/Officer/Title0CHAIRMAN
ReturnHeader/PreparerFirm/EIN0542076905
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10BST ADVISORS LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1026 COMPUTER DRIVE WEST
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0ALBANY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode012205
ReturnHeader/Preparer/Name0KEVIN T MCGRATH
ReturnHeader/Preparer/Phone05184596700
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-05-14T13:41:41-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.27$1.87$0.05$0.00$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.26$1.82$0.01$0.00$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.26$1.81$0.01$0.00$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.26$1.80$0.34$0.00$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.64$1.46$0.16$0.00$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.85$1.30$0.16$0.00$0.16
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$1.05$1.14$0.16$0.00$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.25$0.99$0.20$0.00$0.20
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.46$0.79$0.16$0.00$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.29$1.66$0.63$0.16$0.00$0.16
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$1.86$0.47$0.16$0.00$0.16
2013Detailed filing. Detailed filing data is available for this year.$2.55$2.24$0.31$0.16$0.00$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$2.44$0.16$0.00
2012Summary only. Only limited summary data is available for this year.$2.60$2.44$0.16$0.18$0.00$0.18
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$2.68$0.02$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.81$0.01$0.00