WESTOVER METROPOLITAN DEVELOPMENT CORP: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WESTOVER METROPOLITAN DEVELOPMENT CORP (EIN 04-2553520)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-04-11
- IRS object ID
- 201111019349300516
- Schema version
- 2010v3.2
- 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) |
|---|---|---|
| Timestamp | 2011-04-11T15:31:22-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOWNEY SWEENEY FITZGERALD & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 504 COTTAGE STREET | AddressLine1 |
| City | SPRINGFIELD | City |
| State | MA | State |
| ZIP Code | 011043219 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042553520 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESTOVER METROPOLITAN DEVELOPMENT CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WEST | NameControl |
| Phone | 4135936421 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 PADGETTE STREET | AddressLine1 |
| City | CHICOPEE | City |
| State | MA | State |
| ZIP Code | 01022 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALLAN BLAIR | Name |
| Title | PRESIDENT | Title |
| Phone | 4135936421 | Phone |
| Date Signed | 2011-04-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEITH H PURCELL CPA | Name |
| Phone | 4137342163 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ALLAN BLAIR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 PADGETTE STREET SUITE ONE | AddressLine1 |
| City | CHICOPEE | City |
| State | MA | State |
| ZIP Code | 01022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6656484 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1974 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | AID PRIVATE ENTERPRISE IN THE CONVERSION AND REDEVELOPMENT OF LANDS FORMERLY USED AT WESTOVER AIR FORCE BASE TO NONMILITARY USE IN ORDER TO REDUCE UNEMPLOYMENT AND ECONOMIC BLIGHT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2728430 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4610958 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 700770 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 709707 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 828 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 306658 | OtherRevenuePriorYear |
| Other Revenue Current Year | 615326 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3735858 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5936819 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2610432 | OtherExpensePriorYear |
| Other Expenses Current Year | 2655432 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2610432 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2655432 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1125426 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3281387 | RevenuesLessExpensesCY |
| Total Assets BOY | 14471157 | TotalAssetsBOY |
| Total Assets EOY | 18557610 | TotalAssetsEOY |
| Total Liabilities BOY | 3067468 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3872534 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11403689 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14685076 | NetAssetsOrFundBalancesEOY |
| Mission Description | AID PRIVATE ENTERPRISE IN THE CONVERSION AND REDEVELOPMENT OF LANDS FORMERLY USED AT WESTOVER AIR FORCE BASE TO NONMILITARY USE IN ORDER TO REDUCE UNEMPLOYMENT AND ECONOMIC BLIGHT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2201860 | Expense |
| Revenue | 5434120 | Revenue |
| Description | OPERATIONS AND IMPROVEMENTS OF A MUNICIPAL AIRPORT TO ENHANCE THE ECONOMY OF THE LOCAL COMMUNITY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 293274 | Expense |
| Revenue | 501871 | Revenue |
| Description | INDUSTRIAL PARK LAND SALES, RENTALS, AND DEVELOPMENT ACTIVITIES TO EXPAND ECONOMIC OPPORTUNITY IN THE COMMUNITY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2495134 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALLAN BLAIR PRESIDENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4135936421 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 PADGETTE STREET SUITE ONE | AddressLine1 |
| City | CHICOPEE | City |
| State | MA | State |
| ZIP Code | 01022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| JOHN J LIBERA JR | |||||
| CHAIR | 1.50 | X | 0 | 0 | 0 |
| RAYMOND EVANS | |||||
| TREASURER | 2.00 | X | 0 | 0 | 0 |
| WILLIAM E ROONEY | |||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 |
| LAWRENCE EAGAN | |||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 |
| MARIE LAFLAMME | |||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 |
| ED CZEPIEL | |||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 |
| LUKE KETTLES | |||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 |
| JOSEPH SHAW | |||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MAROIS CONSTRUCTION | |||||
| 262 OLD LYMAN ROAD | SOUTH HADLEY | MA | 01075 | CONSTRUCTION | 582505 |
| ECONOMIC DEVELOPMENT COUNCIL OF WESTERN | |||||
| 1441 MAIN STREET | SPRINGFIELD | MA | 01103 | MANAGEMENT SERVICES | 551493 |
| STANTEC CONSULTING SERVICES | |||||
| 13980 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | CONSULTING | 192172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 4610958 | GovernmentGrants |
| Total Contributions | 4610958 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTAL INCOME | 531120 | 614697 | 614697 |
| PARKING FEES | 480000 | 29318 | 29318 |
| LANDING FEES | 480000 | 28510 | 28510 |
| LABOR | 811000 | 19220 | 19220 |
| SECURITY INCOME | 480000 | 10048 | 10048 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7914 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7914 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 709707 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 828 | TotalRevenueColumn |
| Exclusion | $828 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1308620 | GrossSalesOfInventory |
| Cost Of Goods Sold | 719665 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 588955 | TotalRevenueColumn |
| Related Or Exempt Function Income | 588955 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 480000 | BusinessCode |
| Total Revenue Column | 26371 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26371 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 26371 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5936819 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1325033 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $828 | ExclusionAmount |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 598571 | Total |
| Program Services | 516870 | ProgramServices |
| Management And General | 81701 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39464 | Total |
| Program Services | 15717 | ProgramServices |
| Management And General | 23747 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18450 | Total |
| Program Services | 15683 | ProgramServices |
| Management And General | 2767 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27096 | Total |
| Program Services | 26716 | ProgramServices |
| Management And General | 380 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6717 | Total |
| Program Services | 6717 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18904 | Total |
| Program Services | 18574 | ProgramServices |
| Management And General | 330 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88653 | Total |
| Program Services | 88653 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1780 | Total |
| Program Services | 74 | ProgramServices |
| Management And General | 1706 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9725 | Total |
| Program Services | 9725 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116749 | Total |
| Program Services | 89397 | ProgramServices |
| Management And General | 27352 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 488143 | Total |
| Program Services | 470762 | ProgramServices |
| Management And General | 17381 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81215 | Total |
| Program Services | 81215 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| LOSS ON IMPAIRMENT OF A | 967575 | 967575 | |
| JOINT USE CHARGES | 78164 | 78164 | |
| CONTRACT SERVICES | 63244 | 62513 | 731 |
| MAINTENANCE | 42374 | 42374 | |
| SUPPLIES | 8507 | 4304 | 4203 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101 | Total |
| Program Services | 101 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2655432 | Total |
| Program Services | 2495134 | ProgramServices |
| Management And General | 160298 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105010 | BOY |
| EOY | 944794 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 155354 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 550422 | BOY |
| EOY | 283380 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1345316 | BOY |
| EOY | 1357027 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65987 | BOY |
| EOY | 50319 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 20569722 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4803367 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12404356 | BOY |
| EOY | 15766355 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66 | BOY |
| EOY | 381 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14471157 | BOY |
| EOY | 18557610 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 939452 | BOY |
| EOY | 1260122 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30717 | BOY |
| EOY | 255121 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1647299 | BOY |
| EOY | 2182291 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450000 | BOY |
| EOY | 175000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3067468 | BOY |
| EOY | 3872534 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7059544 | BOY |
| EOY | 7918644 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4344145 | BOY |
| EOY | 6766432 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11403689 | BOY |
| EOY | 14685076 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14471157 | BOY |
| EOY | 18557610 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3281387 | ReconcilationRevenueExpenses |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 131039 | OtherCostOrOtherBasis |
| Book Value | 131039 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 658526 | OtherCostOrOtherBasis |
| Depreciation | 549993 | Depreciation |
| Book Value | 108533 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1702786 | OtherCostOrOtherBasis |
| Depreciation | 1092440 | Depreciation |
| Book Value | 610346 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18077371 | OtherCostOrOtherBasis |
| Depreciation | 3160934 | Depreciation |
| Book Value | 14916437 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15766355 | TotalOfBookValueLandBuildings |
| Total Revenue | 5936819 | TotalRevenue |
| Total Expenses | 2655432 | TotalExpenses |
| Excess Or Deficit For Year | 3281387 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 3281387 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6656484 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 719665 | OtherRevenues |
| Revenue Not Rptd F990 | 719665 | RevenueNotRptdF990 |
| Revenue Subtotal | 5936819 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5936819 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3375097 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 719665 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 719665 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2655432 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2655432 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF SALES 719,665. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF SALES 719,665. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE WMDC SOURCES ITS EMPLOYEES FROM THE EDC. ALL MANAGERS ARE EMPLOYEES OF THE EDC AND IN THE EXECUTION OF THEIR DUTIES ON BEHALF OF THE WMDC, ARE ACCOUNTABLE TO THE WMDC BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990, AND REFERS THE FORM TO THE FULL BOARD OF DIRECTORS FOR APPROVAL PRIOR TO ITS FILING. | |
| BOARD MEMBERS DISCLOSE ANY CONFLICT OF INTEREST AT LEAST ANNUALLY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THESE POLICIES ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| AUDIT OVERSIGHT | THE EXECUTIVE COMMITTEE OVERSEES THE SERVICES OF THE AUDITOR AND REPORTS TO THE FULL BOARD OF DIRECTORS. | 990, PART XI, LINE 2C |
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