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Nonprofiteer
← CAPE COD ECONOMIC DEVELOPMENT COUNCIL INC

Form 990 for tax year 2022

Filed by CAPE COD ECONOMIC DEVELOPMENT COUNCIL INC.

Totals

Total revenue
$517,823
Total expenses
$599,147
Contributions and grants received
$82,650
Grants paid
$0
Program service revenue
$435,124
Investment income
$49
Other revenue
$0
Total assets, end of year
$256,482
Total liabilities, end of year
$145,413
Net assets or fund balances, end of year
$111,069
Program services expenses (Part IX)
$591,834
Management and general expenses
$7,313
Fundraising expenses
$0
Program service expenses (Part III)
$591,834

Program services were 98.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $82,650

  • 2a · Program service revenue: LICENSE PLATES PROCEEDS

    total $435,124 · related or exempt $435,124

  • 3 · Investment income

    total $49 · excluded $49

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $5,000 · management and general $5,000

  • 11g · Fees: other

    total $75,000 · program services $75,000

  • 14 · Information technology

    total $463 · management and general $463

  • 23 · Insurance

    total $1,725 · management and general $1,725

  • 24a · Other expenses: L/P TO CC CHAMBE

    total $432,784 · program services $432,784

  • 24b · Other expenses: GRANTS

    total $82,650 · program services $82,650

  • 24c · Other expenses: SUPPLIES

    total $1,400 · program services $1,400

  • 24d · Other expenses: ADMINISTRATION

    total $125 · management and general $125

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $344,367 · end of year $223,107

  • 4 · Accounts receivable

    beginning of year $43,085 · end of year $31,934

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,441 · end of year $1,441

  • 17 · Accounts payable and accrued expenses

    beginning of year $46,500

  • 25 · Other liabilities

    beginning of year $150,000 · end of year $145,413

  • 27 · Net assets without donor restrictions

    beginning of year $192,393 · end of year $111,069

Mission and programs · 2022

Mission

SUSTAIN, SUPPORT AND STIMULATE EXISTING CAPE COD BUSINESSES; INCREASE EMPLOYMENT OPPORTUNITIES BY ATTRACTING DESIRABLE BUSINESSES TO CAPE COD; FOSTER AND PROMOTE COMMUNICATION BETWEEN THE COMMUNITY, LOCAL GOVERNMENT, AND THE BUSINESS COMMUNITY. DO LONG RANGE PLANNING, PROMOTE EDUCATION AND JOB TRAINING, AND FACILITATE AND COORDINATE SITE SELECTION OPPORTUNITIES FOR ECONOMIC GROWTH; AND ENCOURAGE THE DEVELOPMENT OF SELF-SUSTAINING NOT-FOR-PROFIT ORGANIZATIONS.

  • VARIOUS SMALL BUSINESS FORUMS TO ASSIST PROSPECTIVE BUSINESSES HOPING TO START OR RELOCATE IN THE COMMUNITY.

    Expenses $591,834 · Revenue $435,124

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Warren Rutherford

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Daniel Wolf

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Richard W Neitz

    TREASURER/CL

    Total calculated
    $0
    Hours/week
    2
  • Mark Forest

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eliza Cox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Talerman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Vandersall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eugene Curry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
6 December 2023
IRS schema version
2022v5.0
Source object
202333559349301518

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