2024-11-14T11:54:57-05:00 2023-12-31 813902230 ALEXANDER EDWARDS AND COMPANY CPAS PC 47 DOCK ST PLATTSBURGH NY 12901 990 2023-01-01 141354120 LAKE PLACID CHAMBER OF COMMERCE INC LAKE 5185232445 2608 MAIN STREET LAKE PLACID NY 12946 GARRICK SMITH TREASURER 5185232445 2024-11-13 true JESSICA A LANGFIELD P01212138 5185631600 2024-11-14 2023 2024-10-15 13:58:12Z REGIONAL OFFICE SUSTAINABLE TOURISM NICK POLITI 2608 MAIN STREET LAKE PLACID NY 12946 5284924 false X WWW.LAKEPLACID.COM X 1950 NY TOURISM DESTINATION PROMOTION AND BUSINESS DEVELOPMENT. 16 16 42 0 591976 134220 6972188 5006326 206 -548 97495 96464 7661865 5236462 0 0 2157957 2484489 0 0 4954110 3342331 7112067 5826820 549798 -590358 5409263 3372824 2267431 807268 3141832 2565556 X LAKE PLACID CHAMBER OF COMMERCE, INC. DBA "THE REGIONAL OFFICE OF SUSTAINABLE TOURISM / LAKE PLACID CVB" IS THE DESTINATION PLANNING AND MARKETING ORGANIZATION FOR ESSEX COUNTY, FRANKLIN COUNTY, HAMILTON COUNTY, AND THE TRI-LAKES REGION INCLUDING LAKE PLACID, LEADING ECONOMIC GROWTH THROUGH TOURISM. false false 5310219 5236462 PROMOTION OF BUSINESS, TRADE AND TOURISM IN ESSEX COUNTY, NEW YORK; FRANKLIN COUNTY, NEW YORK; AND HAMILTON COUNTY, NEW YORK, INCLUDING THE TOWNSHIPS AND HAMLETS COMPRISING THOSE COUNTIES. 5310219 false false false true false false false false false true false false false true true false true false false false false false false false false false false false true false false false true true false false false false false false true false false true 30 0 true 42 true false false false false false false false false false false false false false false X 16 16 false false false false true true true true false false false false true true true false false true true false X X NICK POLITI 5185232445 2608 MAIN STREET LAKE PLACID NY 12946 X JAMES B MCKENNA CHIEF EXEC. 35.00 5.00 X 216102 0 0 KAREN JUDGE DALTON DIRECTOR 1.50 X 0 0 0 STEPHANIE DEZALIA DIRECTOR 1.50 X 0 0 0 MARC GALVIN TREASURER 3.00 X X 0 0 0 JOSEPH GEHM DIRECTOR 1.50 X 0 0 0 CHARLES GRUNDON DIRECTOR 1.50 X 0 0 0 JODI GUNTHER DIRECTOR 1.50 X 0 0 0 LISA HESS-MARKS DIRECTOR 1.50 X 0 0 0 MARK JESSIE DIRECTOR 1.50 X 0 0 0 LESLIE KARASIN DIRECTOR 1.50 X 0 0 0 JAMES LEMONS DIRECTOR 1.50 X 0 0 0 HILLARIE LOGAN-DECHENE SECRETARY 2.00 X X 0 0 0 NICK POLITI CHAIR 5.00 X X 0 0 0 CHANDLER RALPH VICE CHAIR 2.00 X X 0 0 0 MARIANNE RAPPLE DIRECTOR 1.50 X 0 0 0 MATT STANLEY DIRECTOR 1.50 X 0 0 0 GARRICK SMITH TREASURER 1.50 X 0 0 0 216102 1 false true false 134220 134220 ADVERTISING & MARKETING 522200 5005117 5005117 OTHER PROGRAM SERVICE REVENUE 561000 1209 1209 5006326 2792 2792 45122 48462 -3340 -3340 -3340 DESTINATION PLAN MNGMT FEE 541800 85000 85000 MISCELLANEOUS INCOME 541800 11464 11464 96464 5236462 5102790 -548 216102 216102 1716012 1664866 51146 103328 63312 40016 291045 291045 158002 140647 17355 11356 11356 53258 53258 482 482 105896 105896 1285360 1285360 72690 65421 7269 7120 6408 712 30222 30222 549679 549679 35745 32170 3575 13301 11971 1330 SPECIAL PROMOTIONAL EVENT 377979 377979 COMM. TOUR. ENHANCE. FUND 307611 307611 COLLATERAL EXPENSES 133008 133008 OFFICE SUPPORT - REGIONAL 117014 117014 241610 233506 8104 5826820 5310219 516601 0 4138955 2315391 998367 815214 62000 6640 2000 514162 405301 93296 108861 90258 103373 26387 21345 5409263 3372824 160981 177221 1899804 359552 6087 42400 200559 228095 2267431 807268 X 3141832 2565556 3141832 2565556 5409263 3372824 X -590358 14082 49824 -49824 X false true X true false true false false 514162 405301 108861 108861 PENSION PLAN CONTRIBUTION PAYABLE 103328 COMPENSATED ABSENCES PAYABLE 84152 OPERATING RIGHT OF USE LIABILITY 20866 LOANS FROM AFFILIATE 19749 228095 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION FOLLOWS FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE ORGANIZATION'S FINANCIAL STATEMENTS. GENERALLY, THE TAX YEARS BEFORE 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. X X false false false JAMES B MCKENNA CHIEF EXEC. OFFICER 189102 27000 216102 VARIOUS VENDORS/SUPPLY IMMATERIAL false SCHEDULE L, PART V SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: VARIOUS (B) RELATIONSHIP BETWEEN INTERESTED PERSON & ORGANIZATION: VENDORS & SUPPLIERS (D) DESCRIPTION OF TRANSACTION: IMMATERIAL SALES OF GOODS & SERVICES SUCH AS OFFICE SUPPLIES, INSURANCE, PERSONAL SERVICES. FORM 990 - ORGANIZATION'S MISSION LAKE PLACID CHAMBER OF COMMERCE, INC. DBA "THE REGIONAL OFFICE OF SUSTAINABLE TOURISM / LAKE PLACID CVB" IS THE DESTINATION PLANNING AND MARKETING ORGANIZATION FOR ESSEX COUNTY, FRANKLIN COUNTY, HAMILTON COUNTY, AND THE TRI-LAKES REGION INCLUDING LAKE PLACID, LEADING ECONOMIC GROWTH THROUGH TOURISM. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS PAY ANNUAL MEMBERSHIP DUES TO HELP SUPPORT THE ORGANIZATION'S MISSION. FORM 990, PAGE 6, PART VI, LINE 7A RECOMMENDATIONS FOR SEATS ON THE BOARD ARE SUBMITTED BY THE BOARD AND THE GENERAL MEMBERSHIP. THE BOARD SELECTS CANDIDATES BASED ON THESE RECOMMENDATIONS. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE BY-LAWS NEED TO BE APPROVED BY THE BOARD AND COMMUNICATED TO THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 8B SUBSIDIARY COMMITTEES REPORT THE RESULTS OF THEIR MEETINGS AT BI-MONTHLY BOARD MEETINGS. THE RESULTS AND ACTIONS ARE DOCUMENTED IN THE MONTHLY BOARD MEETING MINUTES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS REVIEWED BY THE EXECUTIVE COMMITTEE & EMAILED TO THE BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST COMPLIANCE STATEMENT UPON JOINING THE BOARD, AND REVIEWED ANNUALLY THEREAFTER. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION POLICIES OF COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS ARE REVIEWED BY THE EXECUTIVE COMMITTEE WHO REPORT BACK TO THE BOARD ON THEIR FINDINGS. THE EXECUTIVE COMMITTEE MAKES RECOMENDATIONS ABOUT THE COMPENSATION POLICY. THE FULL BOARD DETERMINES THE PRESIDENT'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT DETERMINES COMPENSATION FOR OTHER EMPLOYEES, SUBJECT TO APPROVAL OF COMPENSATION POLICY AND BUDGET BY THE BOARD FORM 990, PAGE 6, PART VI, LINE 19 EVERYONE IS ENTITLED TO EXAMINE THE BY-LAWS, CONFLICT OF INTEREST POLICY, & ANNUAL FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9 DONATED SPACE EXPENSES -49,824 LP-EC QUALITY DESTINATION INC 2608 MAIN STREET LAKE PLACID NY 12946 204915538 EDUCATE NY 501C3 11 N/A false false false false true false false false false false false false false false true true false true false false LP-EC QUALITY DESTINATION INC O 19749 ACTUAL SCHEDULE R PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATION: LP-EC QUALITY DESTINATION, INC. PRIMARY ACTIVITY: EDUCATE THE PUBLIC ABOUT ECONOMIC BENEFITS OF DESTINATION RESORT PLANNING. FORM 990, SCHEDULE R, PART II, LINE (B): SPONSOR EVENTS & ACTIVITIES TO ACCOMPLISH THIS MISSION.