2023-09-01T15:34:44-04:00 2022-12-31 141800427 CUSACK & COMPANY CPAS LLC 7 AIRPORT PARK BLVD LATHAM NY 12110 990 2022-01-01 364465022 DOWNTOWN SCHENECTADY IMPROVEMENT CORPORATION DOWN 5183779430 143 STATE STREET SCHENECTADY NY 12305 HEATHER PETERSON PRESIDENT 5183779430 2023-09-01 true HEATHER PETERSON 999009999 true JASON D MARRA CPA P00700955 5187863550 2023-09-01 2022 2023-04-26 12:10:37Z JAMES SALENGO 143 STATE STREET SCHENECTADY NY 12305 825628 false X WWW.DOWNTOWNSCHENECTADY.ORG X 1978 OUR MISSION IS TO PROMOTE DOWNTOWN SCHENECTADY AS A PREMIER LOCATION FOR COMMERCE, RECREATION AND RESIDENCE BY ENHANCING, FACILITATING AND SUPPORTING ECONOMIC GROWTH. 9 9 19 0 313292 339840 351449 449858 4647 3430 -1940 669388 791188 0 0 439543 562673 0 35094 225578 334581 665121 897254 4267 -106066 968233 846779 229703 214315 738530 632464 OUR MISSION IS TO PROMOTE DOWNTOWN SCHENECTADY AS A PREMIER LOCATION FOR COMMERCE, RECREATION AND RESIDENCE BY ENHANCING, FACILITATING AND SUPPORTING ECONOMIC GROWTH. false false 656237 356449 ENVIRONMENTAL ENHANCEMENT - CONSIDERS THE CLEANLINESS AND VISUAL APPEAL OF DOWNTOWN SCHENECTADY TO BE AN ESSENTIAL PART OF ALL OTHER REDEVELOPMENT EFFORTS THROUGHOUT OUR DISTRICT. DAILY SIDEWALK MAINTENANCE, SEASONAL HANGING BASKETS, LANDSCAPING AND WINTER HOLIDAY DECORATIONS ARE JUST A FEW WAYS THAT WE ACHIEVE THIS GOAL. 182360 93409 BUSINESS PROMOTION MARKETING PROGRAM - TO PROMOTE DOWNTOWN SCHENECTADY AS A DESTINATION FOR SHOPPING, DINING, RECREATION AND ENTERTAINMENT, AS WELL AS AN IDEAL PLACE TO LOCATE PROFESSIONAL OFFICES RANGING FROM SINGLE PROPRIETORSHIPS TO MAJOR CORPORATE HEADQUARTERS. 838597 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 5 0 true 19 true false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true false true true false false NY X JAMES SALENGO 5183779430 143 STATE STREET SCHENECTADY NY 12305 JAMES SALENGO EXECUTIVE DI 40.00 X 106406 0 10676 PAUL AMBROSE BOARD MEMBER 1.00 X 0 0 0 MICHAEL BURNS SECRETARY 2.00 X X 0 0 0 ANDREA CORTELYOU BOARD MEMBER 1.00 X 0 0 0 AUSTIN FISHER VICE PRESIDE 2.00 X X 0 0 0 RAY LEGERE TREASURER 2.00 X X 0 0 0 JEFFREY MORLANG BOARD MEMBER 1.00 X 0 0 0 HEATHER PETERSON PRESIDENT 2.00 X X 0 0 0 MITCH RAMSEY BOARD MEMBER 1.00 X 0 0 0 PHIL WAJDA BOARD MEMBER 1.00 X 0 0 0 106406 10676 1 false false false 244200 95640 339840 ASSESSMENT REVENUE 330000 330000 LANDSCAPING SERVICES 49020 49020 TICKET SALES 40520 40520 OTHER INCOME 29693 29693 MARKETING PARTICIPATION 625 625 449858 3430 3430 32500 34440 -1940 791188 449858 3430 117081 108143 1064 7874 361672 339887 13828 7957 6805 6002 363 440 26017 24738 1279 51098 47853 1622 1623 7893 7864 12 17 8784 8578 83 123 74081 70833 1345 1903 37938 34008 1627 2303 29131 26113 1250 1768 PROFESSIONAL SERVICES 42439 37902 1749 2788 PROGRAM EVENT EXPENSES 27443 23361 27 4055 MAINT CONTRACT SERVICES 27251 27251 LANDSCAPING 18255 18255 61366 57809 593 2964 897254 838597 23563 35094 349408 247165 150528 176088 40000 105704 95673 48543 16778 31745 266308 154212 143037 112096 172809 125438 968233 846779 54400 54383 2494 34494 172809 125438 229703 214315 X 738530 632464 738530 632464 968233 846779 -106066 X false true X true false X 416057 354573 444137 313292 339840 1867899 274666 280160 305160 305160 330000 1495146 690723 634733 749297 618452 669840 3363045 3363045 8138 6915 5627 4647 3430 28757 3391802 1846108 0.99150 0.98940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230870 146829 84041 35438 7383 28055 112096 RIGHT OF USE ASSET 125438 125438 LEASE PAYABLE LONG-TERM 76815 LEASE PAYABLE CURRENT 48623 125438 X 791188 791188 791188 897254 897254 897254 SCHEDULE D, PAGE 3, PART X THE ASC REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. THE ORGANIZATION HAS NOT RECOGNIZED ANY BENEFITS OR LIABILITIES FROM UNCERTAIN TAX POSITIONS IN THE CURRENT YEAR AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS IN 2022 FOR WHICH IT IS REASONABLY POSSIBLE THAT WILL SIGNIFICANTLY INCREASE OR DECREASE NET ASSETS. GENERALLY, FEDERAL AND STATE AUTHORITIES MAY EXAMINE THE ORGANIZATION'S TAX RETURNS FRO THREE YEARS FROM THE DATE OF FILING; CONSEQUENTLY, TAX-EXEMPT RETURNS FOR YEARS PRIOR TO 2019 ARE NO LONGER SUBJECT TO EXMANIATION BY TAX AUTHORITIES. ILLUMINOCITY EV 32500 32500 34440 32500 32500 34440 34440 -1940 NY FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND TREASURER OF THE BOARD REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS. ALL BOARD MEMBERS ARE PROVIDED A DRAFT COPY OF FORM 990 IN ADVANCE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND KEY STAFF SIGN ANNUAL CONFLICT OF INTEREST FORMS. ALL ARE ASKED TO DISCLOSE ANY CONFLICTS PRIOR TO SUBSTANTIVE ACTION BY THE BOARD AND ABSTAIN FROM VOTING IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR IS HIRED AND COMPENSATED BASED ON THE APPROVAL OF THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.