Sackets Harbor Local Development Corporation
- Assets
- $767.7k
- Revenue
- $13.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Sackets Harbor, NY
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 16-1596800
Organization Overview
Sackets Harbor Local Development Corporation is located in Sackets Harbor, NY. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sackets Harbor Local Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sackets Harbor Local Development Corporation generated $13.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $14.0k during the year ending 12/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Hoagland President | 1 | $0 | |
Marc Reitz Treasurer | 1 | $0 | |
Eric Constance Director | 1 | $0 | |
Karyn Carbone Secretary | 1 | $0 | |
Ronald Mildren Assistant Secretary/treasurer | 1 | $0 | |
John Deans Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,606 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,644 |
| Total Revenue | $13,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,961 |
| Total operating and administrative expenses | $13,968 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $13,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,547 |
| Savings and temporary cash investments | $332,502 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $265,350 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,538 |
| Net Investments - land, buildings, equipment | $133,786 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $767,723 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |