2025-02-25T09:31:55-06:00 2024-12-31 201317788 BOWERS & COMPANY CPAS PLLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2024-01-01 365042770 CAPE VINCENT LOCAL DEVELOPMENT CORPORATION CAPE 3154084530 PO BOX 915 CAPE VINCENT NY 13618 CAROL THOMAS TREASURER 3154084530 2025-02-25 1 1 ELIZABETH BUSH P01264627 3157887690 2025-02-25 2024 2025-03-06 01:10:19Z CAROL THOMAS 121S MARKET STREET PO BOX 915 CAPE VINCENT NY 13618 104519 0 X WWW.CAPEVINCENTLDC.ORG X 2022 NY TO SERVE AS A RESOURCE TO THE CAPE VINCENT COMMUNITY IN ATTRACTING INVESTMENT, FOSTERING COMPATIBLE GROWTH, AND PROTECTING/ENHANCING QUALITY OF LIFE THROUGH ADVANCEMENT OF OUR STRATEGIC IMPERATIVES. 9 9 0 0 0 0 186458 101400 0 0 0 3119 124 0 186582 104519 0 1400 0 0 0 0 0 0 0 57573 54354 57573 55754 129009 48765 129009 179120 0 1346 129009 177774 TO SERVE AS A RESOURCE TO THE CAPE VINCENT COMMUNITY IN ATTRACTING INVESTMENT, FOSTERING COMPATIBLE GROWTH, AND PROTECTING/ENHANCING QUALITY OF LIFE THROUGH ADVANCEMENT OF OUR STRATEGIC IMPERATIVES. 0 0 35150 1400 THE CORPORATION'S MISSION AND PUBLIC OBJECTIVE, WHICH THE CORPORATION'SPURPOSE WILL ACHIEVE, INCLUDES THE LESSENING OF THE BURDENS OF GOVERNMENT BY UNDERTAKING AND PROMOTING ECONOMIC DEVELOPMENT INITIATIVES IN THE TOWN OF CAPE VINCENT, NEW YORK, THAT WILL INCLUDE COMMUNITY-BASED ECONOMIC DEVELOPMENT ACTIVITIES INCLUDING THE ADMINISTRATION OF BUSINESS RETENTION AND ATTRACTION ACTIVITIES, PROVIDLNG FINANCIAL ASSISTANCE TO BUSINESSES AND ORGANIZATIONS WITHIN THE TOWN, UNDERTAKING REAL ESTATE AUD INFRASTRUCTURE DEVELOPMENT PROJECTS, PROVIDING REAL ESTATE AND INFRASTRUCTURE PROJECT FINANCE, AND ANY OTHER ACTIVITIES PERMISSIBLE UNDER THE NOT-FOR-PROFIT CORPORATION. 35150 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 NY X CAROL THOMAS 3154084530 121 S MARKET STREET PO BOX 915 CAPE VINCENT NY 13618 X DAVID SNOW BOARD MEMBER 1.00 X 0 0 0 JIM MCQUEENY BOARD MEMBER 1.00 X 0 0 0 MARY FARRELL CHAIR 1.00 X X 0 0 0 JEANIE FITZGERALD SECRETARY 1.00 X X 0 0 0 AMANDA MASON VICE CHAIR 1.00 X X 0 0 0 WILLIAM MCDONOUGH BOARD MEMBER 1.00 X 0 0 0 CAROL THOMAS TREASURER 1.00 X X 0 0 0 DANIEL WILEY BOARD MEMBER 1.00 X 0 0 0 PAM YOUNGS BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 100000 1400 101400 3119 3119 104519 0 0 3119 X 1400 1400 1335 1335 2536 2536 8000 8000 33750 33750 1425 1425 2250 2250 1031 1031 SUPPLIES 3177 3177 MEMBERSHIP DUES 850 850 55754 35150 20604 0 150 1354 123234 174953 5625 2813 129009 179120 1346 0 1346 X 129009 177774 129009 177774 129009 179120 48765 0 X X 0 1 X 1 0 X 186458 101400 287858 186458 101400 287858 287858 124 3119 3243 291101 0.98890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 104519 0 104519 0 104519 55754 0 55754 0 55754 PART X, LINE 2: BASED ON ITS ANALYSIS, THE ORGANIZATION DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT THE ORGANIZATION SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE TREASURER AND CHAIRPERSON THEN PROVIDED TO THE ORGANIZATION FINANCE COMMITTEE FOR FINAL REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 POTENTIAL CONFLICTS OF INTEREST MONITORED BY BOARD AND MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE MEMBERS OF THE BOARD OF THE CORPORATION SHALL SERVE WITHOUT SALARY AT THE PLEASURE OF THE CAPE VINCENT TOWN BOARD'S OR VILLAGE OF CAPE VINCENT BOARD OF TRUSTEES, BUT MAY BE REIMBURSED FOR REASONABLE EXPENSES INCURRED IN THE PERFORMANCE OF CORPORATION DUTIES AT THE APPROVAL OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WERE AVAILABLE UPON REQUEST DURING THE 2024 REPORTING PERIOD. FORM 990, PART IX, LINE 11G GRANT WRITER: PROGRAM SERVICE EXPENSES 33,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,750. FORM 990 PAGE 1 ORGANIZATION RECEIVED A LETTER ON 1/6/25 APPROVING A RECLASSIFICATION FROM PRIVATE FOUNDATION TO PUBLIC CHARITY STATUS BASED ON THE OPERATIONS OF THE ORGANIZATION.