Lumber City Local Development FY2021 filing

Tax-deductible

North Tonawanda, NY501(c)(3)Community DevelopmentEIN 20-1170011Revenue $218K in FY2021

On file with the IRSlumbercitydc.com500 Wheatfield Street, 14120-7026 · North Tonawanda, NYTax-exempt since Jul 2005Publicly supported charity — 170(b)(1)(A)(vi)

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Community Development

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$13K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $36K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $17K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$218K
+202% vs prior year
Spent
$311K
To programs
81%
Net assets
$827K
By yearFY2020–FY2025
Revenue
$218K
FY2021▲ +202%
Tap a bar for its year
Revenue by fiscal year
FY2020$72K
FY2021$218K
FY2022$715K
FY2023$228K
FY2024$439K
FY2025$2.1M
Expenses
$311K
FY2021▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2020$235K
FY2021$311K
FY2022$357K
FY2023$638K
FY2024$404K
FY2025$1.6M
Net assets
$827K
FY2021▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$920K
FY2021$827K
FY2022$1.2M
FY2023$775K
FY2024$810K
FY2025$1.3M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $251K Management & general 19% · $60K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $13K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$7,800Pt VII · Sec A
Executive Director
$5,400Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Laura Kee Wilson’s $17K as Executive Director is at the 1st percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Alecia Zimmerman——$28,566$22,711——
Laura Kee Wilson$16,800$14,400$14,400$14,400——
Michael Zimmerman————$5,400$14,400
Laura Wilson Beg June 2021————$7,800—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Lumber City Local Development is a community improvement nonprofit based in North Tonawanda, NY.

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Provided by the organization

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1 program · $251K · in their own filed words · FY2021
01

The principal purpose of the corporation is to aid the efforts of the city of north tonawanda's economic development program. The corporation administers loans programs to create favorable conditions for city enterprises for the expansion or location of business engaged in the manufacture, assembling, or wholesaling of goods or engaged…

$251Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 2 funders$17K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$218K
Ln 12
Gifts and grantsLn 1h$208K
Fees for servicesLn 2g$10K
Other incomeLn 4–11$501
Money outPt IX
$311K
Ln 25
Programscol B$251K
Managementcol C$60K
Owns and owesPt X
$827K
net assets · Ln 32
Cash and savingsLn 1–2$398K
Total assetsLn 16$833K
LiabilitiesLn 26$6K
PeoplePt VI, VII
18
listed · VII A
PaidVII A2
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$208K
Government grantsLn 1e$204K
Fees for servicesLn 2g$10K
Investment incomeLn 3$107
Other incomeLn 4–11$501
Total revenueLn 12$218K
Assets in detailPt X, end of year
CashLn 1$94K
SavingsLn 2$305K
Cash and savings togetherLn 1–2$398K
Land, buildings, equipmentLn 10c$93
Total assetsLn 16$833K
LiabilitiesLn 26$6K
Net assetsLn 32$827K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$567K$398K
Land, buildings, equipmentLn 10c$217$93
Total assetsLn 16$923K$833K
LiabilitiesLn 26$4K$6K
Net assetsLn 32$920K$827K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$13K$10K$3K
Other salaries and wagesLn 7$61K$46K$15K
Other employee benefitsLn 9$8K$6K$2K
Payroll taxesLn 10$5K$4K$1K
Legal feesLn 11b$5K$2K$2K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$8K$4K$4K
Conferences, conventions and meetingsLn 19$2K$1K$465
Depreciation, depletion and amortizationLn 22$124$124
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$185K$166K$20K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$311K$251K$60K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.1M$1.6M$485K$1.3M 990 PDF
FY2024 $439K$404K$35K$810K 990 PDF
FY2023 $228K$638K−$410K$775K 990 PDF
FY2022 $715K$357K$358K$1.2M 990 PDF
FY2021 Viewing $218K$311K−$93K$827K 990 PDF
FY2020 $72K$235K−$163K$920K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $218,460 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $57,500$208,267
I-9 Program service revenuePrior year $10,140$9,585
I-10 Investment incomePrior year $1,347$107
I-11 Other revenuePrior year $3,413$501
I-12 Total revenuePrior year $72,400$218,460
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $128,279$87,763
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $106,714$223,207
I-18 Total expensesPrior year $234,993$310,970
I-19 Revenue less expensesPrior year −$162,593−$92,510
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $218,460 across 7 lines filed
VIII-1e Government grants$203,767
VIII-1f All other contributions, gifts and grants$4,500
VIII-1h Total contributions, gifts and grants$208,267
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,585$9,585
VIII-3 Investment incomeExcluded from tax $107$107
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $501$501
VIII-12 Total revenueRelated to mission $9,585 · Unrelated business $0 · Excluded from tax $608$218,460
Part IX · Statement of functional expenses $310,970 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $9,900 · Management $3,300$13,200
IX-7 Other salaries and wagesPrograms $46,053 · Management $15,351$61,404
IX-9 Other employee benefitsPrograms $6,032 · Management $2,011$8,043
IX-10 Payroll taxesPrograms $3,837 · Management $1,279$5,116
IX-11b Legal feesPrograms $2,415 · Management $2,415$4,830
IX-11g Other fees for servicesManagement $5,025$5,025
IX-12 Advertising and promotionPrograms $11,806$11,806
IX-13 Office expensesPrograms $4,041 · Management $4,041$8,082
IX-19 Conferences, conventions and meetingsPrograms $1,394 · Management $465$1,859
IX-22 Depreciation, depletion and amortizationManagement $124$124
IX-23 InsuranceManagement $4,441$4,441
IX-24 Other expenses (24a–d)Programs $165,814 · Management $19,666$185,480
IX-24e All other expensesManagement $1,560$1,560
IX-25 Total functional expensesPrograms $251,292 · Management $59,678 · Fundraising $0$310,970
Part X · Balance sheet $832,750 assets, 12 lines filed
Asset lines not itemized here account for $401,452; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $595$93,791
X-2 Savings and temporary cash investmentsStart of year $566,806$304,650
X-3 Pledges and grants receivableStart of year $16,250$29,500
X-9 Prepaid expenses and deferred chargesStart of year $3,264$3,264
X-10c Land, buildings and equipment, netStart of year $217$93
X-16 Total assetsStart of year $923,089$832,750
X-17 Accounts payable and accrued expensesStart of year $3,580$751
X-19 Deferred revenue$5,000
X-26 Total liabilitiesStart of year $3,580$5,751
X-27 Net assets without donor restrictionsStart of year $919,509$826,999
X-32 Total net assets or fund balancesStart of year $919,509$826,999
X-33 Total liabilities and net assetsStart of year $923,089$832,750
Part XI · Reconciliation of net assets $826,999 net assets at year end
XI-1 Total revenue$218,460
XI-2 Total expenses$310,970
XI-3 Revenue less expenses−$92,510
XI-4 Net assets at start of year$919,509
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$826,999

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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