Totals
- Total revenue
- $338,333
- Total expenses
- $318,161
- Contributions and grants received
- $374,556
- Grants paid
- $1,900
- Program service revenue
- $0
- Investment income
- $1,669
- Other revenue
- -$37,892
- Total assets, end of year
- $1,224,180
- Total liabilities, end of year
- $74,048
- Net assets or fund balances, end of year
- $1,150,132
- Program services expenses (Part IX)
- $176,692
- Management and general expenses
- $128,324
- Fundraising expenses
- $13,145
- Program service expenses (Part III)
- $176,692
Program services were 55.5% 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)
$113,814
-
1f · All other contributions, gifts and grants
$260,742
-
3 · Investment income
total $1,669 · unrelated business $0 · excluded $1,669
-
6a · Gross rents
real property $24,600
-
6b · Less rental expenses
real property $62,492
-
6c · Rental income or loss
real property -$37,892
-
6d · Net rental income or loss
total -$37,892 · unrelated business -$37,892
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,900 · program services $1,900
-
5 · Compensation of officers, directors and key employees
total $64,622 · program services $32,311 · management and general $32,311 · fundraising $0
-
7 · Other salaries and wages
total $74,807 · program services $74,807 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $10,485 · program services $7,339 · management and general $3,146 · fundraising $0
-
11a · Fees: management
total $67,924 · program services $33,962 · management and general $33,962 · fundraising $0
-
11c · Fees: accounting
total $1,750 · program services $0 · management and general $1,750 · fundraising $0
-
11g · Fees: other
total $12,210 · program services $0 · management and general $12,210 · fundraising $0
-
12 · Advertising and promotion
total $13,145 · program services $0 · management and general $0 · fundraising $13,145
-
13 · Office expenses
total $29,407 · program services $0 · management and general $29,407 · fundraising $0
-
14 · Information technology
total $1,920 · program services $0 · management and general $1,920 · fundraising $0
-
17 · Travel
total $825 · program services $0 · management and general $825 · fundraising $0
-
19 · Conferences, conventions and meetings
total $2,724 · program services $0 · management and general $2,724 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $7,535 · program services $0 · management and general $7,535 · fundraising $0
-
23 · Insurance
total $9,575 · program services $8,617 · management and general $958 · fundraising $0
-
24a · Other expenses: POSTAGE & PRINTING
total $9,625 · program services $9,625 · management and general $0 · fundraising $0
-
24b · Other expenses: TELEPHONE & COMMUNICATIONS
total $1,063 · program services $0 · management and general $1,063 · fundraising $0
-
24c · Other expenses: EQUIPMENT RENTAL
total $7,618 · program services $7,618 · management and general $0 · fundraising $0
-
24d · Other expenses: PROFESSIONAL DEVELOPMENT
total $1,026 · program services $513 · management and general $513 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $199,964 · end of year $280,360
-
2 · Savings and temporary cash investments
beginning of year $92,800 · end of year $44,894
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$1,530,757
-
10b · Land, buildings and equipment: accumulated depreciation
$638,324
-
10c · Land, buildings and equipment, net
beginning of year $929,390 · end of year $892,433
-
14 · Intangible assets
beginning of year $5,755 · end of year $5,334
-
15 · Other assets
beginning of year $4,206 · end of year $1,159
-
17 · Accounts payable and accrued expenses
beginning of year $4,749 · end of year $2,929
-
19 · Deferred revenue
beginning of year $16,051 · end of year $7,654
-
23 · Secured mortgages and notes payable
beginning of year $79,803 · end of year $63,465
-
31 · Retained earnings, endowment or other funds
beginning of year $1,131,512 · end of year $1,150,132
Mission and programs · 2023
Mission
DOWNTOWN WATERBURY DEVELOPMENT
-
RESTORATION OF THE HISTORIC WATERBURY RAILROAD STATION. EXPENSES INCLUDE INSURANCE, TAXES, MAINTENANCE & INTEREST ON MORTGAGES.
Expenses $62,492 · Revenue $24,600
-
PRESERVE AND ENHANCE THE ECONOMIC, HISTORIC, AND SOCIAL VITALITY OF DOWNTOWN WATERBURY AS A "DESIGNATED DOWNTOWN" THROUGH SPECIAL EVENTS AND PROGRAMS.
Expenses $112,300
-
DONATIONS TO VARIOUS LOCAL ORGANIZATIONS IN WATERBURY, VERMONT. 2022 SUPPORT INCLUDED THE WATERBURY AREA FOOD SHELF, THE WATERBURY ROTARY, WATERBURY AMBULANCE SERVICE, AND OTHERS.
Expenses $1,900 · Grants $1,900
As filed on the 2023 return.
Listed in Part VII
-
Karen NevinKAREN NEVIN
EXEC DIRECTOR
- Total calculated
- $62,255
- From this org
- $62,255
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Dave LuceDAVE LUCE
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Krister AdamsKRISTER ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carolyn FoxCAROLYN FOX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Julie FraileyJULIE FRAILEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Matt LarsonMATT LARSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Otho ThompsonOTHO THOMPSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Scott WeigandSCOTT WEIGAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mark Pomilio JrMARK POMILIO JR
ECONOMIC DEVELOPMENT DIRECTOR
- Total calculated
- $32,760
- From this org
- $32,760
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Colin PomerCOLIN POMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lindsay SullivanLINDSAY SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
- 2023
- Filed
- 26 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431009349300348
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