GREATER LOCKPORT DEVELOPMENT CORPORATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- GREATER LOCKPORT DEVELOPMENT CORPORATION (EIN 22-2438263)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-15
- IRS object ID
- 201721359349305372
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T12:06:59-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 160765486 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUMSDEN & MCCORMICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 369 FRANKLIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222438263 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER LOCKPORT DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 7164396688 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE LOCKS PLAZA | AddressLine1Txt |
| City | LOCKPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14094 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN SMITH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7164396688 | PhoneNum |
| Signature | 2017-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARA M DAYTON | PreparerPersonNm |
| PTIN | P01517134 | PTIN |
| Phone | 7168563300 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.45.148.218 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-12 | IPDt |
| IP Tm | 13:20:35 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 31FABD16172D582B4F1AA8BD2F39D90B78D7224C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | ACFCCF2AC2893536280B848E7E1663BF29FB6D67 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRIAN SMITH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE LOCKS PLAZA | AddressLine1Txt |
| City | LOCKPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14094 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,863,388 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1981 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | FURTHERING ECONOMIC DEVELOPMENT IN THE CITY OF LOCKPORT | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | -$116,373 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$116,623 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $46,391 | PYContributionsGrantsAmt |
| CY Contributions Grants | $624,337 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,687 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,904 | CYProgramServiceRevenueAmt |
| PY Investment Income | $182 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,604,811 | CYInvestmentIncomeAmt |
| PY Other Revenue | $122,925 | PYOtherRevenueAmt |
| CY Other Revenue | -$167,145 | CYOtherRevenueAmt |
| PY Total Revenue | $185,185 | PYTotalRevenueAmt |
| CY Total Revenue | -$1,140,715 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $298,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,470 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $77,579 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $384,765 | PYOtherExpensesAmt |
| CY Other Expenses | $400,681 | CYOtherExpensesAmt |
| PY Total Expenses | $435,235 | PYTotalExpensesAmt |
| CY Total Expenses | $776,260 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$250,050 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,916,975 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,507,054 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,803,424 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,790,257 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,003,602 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,716,797 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,799,822 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ECONOMIC DEVELOPMENT ASSISTANCE | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $600,261 | ExpenseAmt |
| Grant | $298,000 | GrantAmt |
| Revenue | $6,904 | RevenueAmt |
| Desc | PROVIDE ECONOMIC DEVELOPMENT ASSISTANCE TO LOCAL BUSINESSES AND ENHANCE EMPLOYMENT OPPORTUNITIES FOR THE SURROUNDING COMMUNITIES. | Desc |
| Total Program Service Expenses | $600,261 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MADELINE STEEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7164396688 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE LOCKS PLAZA | AddressLine1Txt |
| City | LOCKPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14094 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| JOAN AUL | |||||||
| CHAIRWOMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PATRICK W SCHRADER | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SCOTT A CAIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DEANNA ALTERIO BRENNEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANNE E MCCAFFREY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 1.00 | |
| MARY F MURPHY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JACKIE DAVIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID WOHLEBEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANKLIN KNOWLES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SCHOONHOVEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLAN JACK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLAN VANDEMARK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY BENNETT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN SMITH | |||||||
| PRESIDENT | 20.00 | Yes (X) | $0 | $28,500 | $0 | ||
| HEATHER PECK | |||||||
| VICE PRESIDENT | 24.00 | Yes (X) | $17,650 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $17,650 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $28,500 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $624,337 | GovernmentGrantsAmt |
| Total Contributions | $624,337 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST ON LOANS | Desc |
| Business | 531110 | BusinessCd |
| Total Revenue Column | $6,904 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,904 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,904 | TotalProgramServiceRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $831,605 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,024,292 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$192,687 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$192,687 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$76,314 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$116,373 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $375,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,979,811 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,604,811 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,604,811 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,604,811 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,542 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,542 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $25,542 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,140,715 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,648,679 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$116,373 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,000 | TotalAmt |
| Program Services | $298,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,150 | TotalAmt |
| Management And General | $46,150 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,638 | TotalAmt |
| Management And General | $24,638 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,791 | TotalAmt |
| Management And General | $6,791 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,541 | TotalAmt |
| Management And General | $13,541 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,593 | TotalAmt |
| Program Services | $26,820 | ProgramServicesAmt |
| Management And General | $28,773 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,164 | TotalAmt |
| Management And General | $3,164 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,616 | TotalAmt |
| Management And General | $3,616 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,399 | TotalAmt |
| Management And General | $15,399 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,157 | TotalAmt |
| Management And General | $3,157 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DIRECT PAYMENTS FOR THE | $275,421 | $275,421 | |
| REPAIRS AND MAINTENANCE | $30,770 | $30,770 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20 | TotalAmt |
| Program Services | $20 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $776,260 | TotalAmt |
| Program Services | $600,261 | ProgramServicesAmt |
| Management And General | $175,999 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,378 | BOYAmt |
| EOY | $65,666 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,137 | BOYAmt |
| EOY | $993,286 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,500 | BOYAmt |
| EOY | $152,076 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,054 | BOYAmt |
| EOY | $5,334 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,684 | BOYAmt |
| EOY | $103,539 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,410 | BOYAmt |
| EOY | $24,515 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,885,893 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,426,885 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,719,823 | BOYAmt |
| EOY | $5,459,008 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,068 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,507,054 | BOYAmt |
| EOY | $6,803,424 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,258 | BOYAmt |
| EOY | $20,680 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,327,077 | BOYAmt |
| EOY | $3,921,424 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,922 | BOYAmt |
| EOY | $61,498 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,790,257 | BOYAmt |
| EOY | $4,003,602 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,716,797 | BOYAmt |
| EOY | $2,799,822 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,716,797 | BOYAmt |
| EOY | $2,799,822 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,507,054 | BOYAmt |
| EOY | $6,803,424 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,916,975 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $248,475 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $434,048 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $558,231 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,391 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $624,337 | CurrentTaxYearAmt |
| Total | $1,911,482 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $248,475 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $434,048 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $558,231 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,391 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $624,337 | CurrentTaxYearAmt |
| Total | $1,911,482 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,911,482 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $395 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $164 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $343 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $181 | CurrentTaxYearMinus1YearAmt |
| Total | $1,083 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,039 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,268 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,187 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,446 | CurrentTaxYearAmt |
| Total | $134,089 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,046,654 | TotalSupportAmt |
| Public Support CY170 | 0.93400 | PublicSupportCY170Pct |
| Public Support PY170 | 0.89670 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,650,888 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,360,242 | DepreciationAmt |
| Book Value | $5,290,646 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,200 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,629 | DepreciationAmt |
| Book Value | $11,571 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $218,805 | OtherCostOrOtherBasisAmt |
| Depreciation | $62,014 | DepreciationAmt |
| Book Value | $156,791 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,459,008 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| Amt | $61,498 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $61,498 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (20 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| 80 MAIN STREET CATERING | ||||||
| 80 MAIN STREET | LOCKPORT | NY | 14094 | 812758050 | $20,000 | ECONOMIC DEVELOPMENT |
| BENSON CUSTOM | ||||||
| 107 VINE STREET | LOCKPORT | NY | 14094 | 273316548 | $20,000 | ECONOMIC DEVELOPMENT |
| BIG WILLIE'S HAS STYLE | ||||||
| 150 WASHBURN | LOCKPORT | NY | 14094 | 262009065 | $12,000 | ECONOMIC DEVELOPMENT |
| CALDERONE | ||||||
| 31 W MAIN STREET | LOCKPORT | NY | 14094 | 811658899 | $16,500 | ECONOMIC DEVELOPMENT |
| DEI CUTS AND STYLES | ||||||
| 174 WALNUT STREET | LOCKPORT | NY | 14094 | 000000000 | $10,000 | ECONOMIC DEVELOPMENT |
| FLIGHT OF FIVE | ||||||
| 2 PINE STREET | LOCKPORT | NY | 14094 | 461884487 | $19,500 | ECONOMIC DEVELOPMENT |
| GLAMOUR BEAUTY PARLOR | ||||||
| 2 PINE STREET | LOCKPORT | NY | 14094 | 464396207 | $12,000 | ECONOMIC DEVELOPMENT |
| GONZO'S | ||||||
| 7 MAIN STREET | LOCKPORT | NY | 14094 | 161588967 | $7,500 | ECONOMIC DEVELOPMENT |
| 12 GRAIN STUDIO | ||||||
| 3 CHARLES STREET | LOCKPORT | NY | 14094 | 271861401 | $18,000 | ECONOMIC DEVELOPMENT |
| IDEAL INNOVATIONS | ||||||
| 210 WALNUT STREET | LOCKPORT | NY | 14094 | 273388108 | $14,000 | ECONOMIC DEVELOPMENT |
| MCCOLLUM ORCHARDS | ||||||
| 248 N ADAMS STREET | LOCKPORT | NY | 14094 | 452410910 | $11,000 | ECONOMIC DEVELOPMENT |
| MUSCATO INTERIORS | ||||||
| 80 MAIN STREET | LOCKPORT | NY | 14094 | 270177197 | $6,000 | ECONOMIC DEVELOPMENT |
| NEXT LEVEL PLASTICS | ||||||
| 210 WALNUT STREET | LOCKPORT | NY | 14094 | 078521463 | $20,000 | ECONOMIC DEVELOPMENT |
| PAYBACK INCENTIVES | ||||||
| 12 W MAIN STREET | LOCKPORT | NY | 14094 | 812659574 | $10,000 | ECONOMIC DEVELOPMENT |
| PENATLY BOX | ||||||
| 34 CHESTNUT STREET | LOCKPORT | NY | 14094 | 264786669 | $16,500 | ECONOMIC DEVELOPMENT |
| SCRIPTS CAF | ||||||
| 2 EAST AVENUE | LOCKPORT | NY | 14094 | 452399251 | $20,000 | ECONOMIC DEVELOPMENT |
| STEAMWORKS | ||||||
| 51 CANAL STREET | LOCKPORT | NY | 14094 | 075701316 | $15,000 | ECONOMIC DEVELOPMENT |
| ULTIMATE PHYSIQUE | ||||||
| 50 ROGERS AVE | LOCKPORT | NY | 14094 | 161472792 | $20,000 | ECONOMIC DEVELOPMENT |
| WIDE WATERS | ||||||
| 767 MARKET STREET | LOCKPORT | NY | 14094 | 472399251 | $20,000 | ECONOMIC DEVELOPMENT |
| RELAX SPA | ||||||
| 38 HERITAGE COURT | LOCKPORT | NY | 14094 | 464812135 | $10,000 | ECONOMIC DEVELOPMENT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS AWARDED ARE BASED UPON FUNDING RECEIVED BY STATE AND LOCAL SOURCES WHICH ARE THEN PROVIDED TO BUSINESSES IN LOCKPORT. MANAGEMENT OVERSEES AND HELPS IMPLEMENT THE FUNDING PROVIDED TO THESE BUSINESSES IN ACCORDANCE WITH THE GRANT TERMS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE PRESIDENT AND CHAIRWOMAN REVIEW THE FORM 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICTS OF INTEREST ARE REVIEWED ANNUALLY WITH ALL BOARD MEMBERS WHO THEN SIGN A STATEMENT OF COMPLIANCE. |
| FORM 990, PART VI, SECTION B, LINE 15B | COMPENSATION OF THE VICE PRESIDENT IS DETERMINED BY THE BOARD. COMPENSATION OF THE PRESIDENT IS PAID BY ANOTHER ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS MUST BE REQUESTED FROM THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | PURSUANT TO A CONTRACT WITH AN OUTSIDE ORGANIZATION, THE TOP MANAGEMENT POSITION IS A SHARED COST, WITH COMPENSATION BEING MUTUALLY AGREED BY BOTH PARTIES. |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 210 WALNUT STREET LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 WALNUT STREET | AddressLine1Txt |
| City | LOCKPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14094 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611505577 | EIN |
| Primary Activities | RENTAL PROPERTY | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | $804,475 | TotalIncomeAmt |
| End Of Year Assets | $5,691,618 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER LOCKPORT DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOCKPORT LOCKS HERITAGE DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE LOCKS PLAZA | AddressLine1Txt |
| City | LOCKPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14094 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465359073 | EIN |
| Primary Activities | ECONOMIC DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER LOCKPORT DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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