Lumber City Local Development FY2022 filing

Tax-deductible

North Tonawanda, NY501(c)(3)Community DevelopmentEIN 20-1170011Revenue $715K in FY2022

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.
92¢ of each $1 spent went to programs.
$37K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$37K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
23 mo
of spending, in cash
Looks good: 23.4 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
$20K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$715K
+227% vs prior year
Spent
$357K
To programs
92%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$715K
FY2022▲ +227%
Tap a bar for its year
Revenue by fiscal year
FY2020$72K
FY2021$218K
FY2022$715K
FY2023$228K
FY2024$439K
FY2025$2.1M
Expenses
$357K
FY2022▲ +15%
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
$1.2M
FY2022▲ +43%
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 FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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

92 cents of each dollar spent went to programs.

Program services 92% · $330K Management & general 8% · $27K

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

15 people listed on the 990; $37K paid to officers and key staff.

Part VII, Section A · reportable compensation
Administrator
$22,711Pt VII · Sec A
Executive Director
$14,400Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$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.

See Lumber City Local Development executive salaries →

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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.

Provided by the organization

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1 program · $330K · in their own filed words · FY2022
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…

$330Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$715K
Ln 12
Gifts and grantsLn 1h$698K
Fees for servicesLn 2g$12K
Other incomeLn 4–11$4K
Money outPt IX
$357K
Ln 25
Programscol B$330K
Managementcol C$27K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$697K
Total assetsLn 16$1.2M
LiabilitiesLn 26$20K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$698K
Government grantsLn 1e$691K
Fees for servicesLn 2g$12K
Investment incomeLn 3$96
Other incomeLn 4–11$4K
Total revenueLn 12$715K
Assets in detailPt X, end of year
CashLn 1$392K
SavingsLn 2$305K
Cash and savings togetherLn 1–2$697K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.2M
LiabilitiesLn 26$20K
Net assetsLn 32$1.2M
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 FY22End FY22
Cash and savingsLn 1–2$398K$697K
Land, buildings, equipmentLn 10c$93$0
Total assetsLn 16$833K$1.2M
LiabilitiesLn 26$6K$20K
Net assetsLn 32$827K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$14K$11K$4K
Other salaries and wagesLn 7$23K$17K$6K
Other employee benefitsLn 9$2K$2K$576
Payroll taxesLn 10$1K$954$318
Legal feesLn 11b$6K$3K$3K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$5K$2K$2K
Conferences, conventions and meetingsLn 19$1K$947$315
Depreciation, depletion and amortizationLn 22$93$93
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$288K$287K$2K
Total functional expensesLn 25$357K$330K$27K$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 Viewing $715K$357K$358K$1.2M 990 PDF
FY2021 $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 FY2022 990 (6 parts)
Part I · Summary $714,866 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $208,267$698,413
I-9 Program service revenuePrior year $9,585$11,869
I-10 Investment incomePrior year $107$96
I-11 Other revenuePrior year $501$4,488
I-12 Total revenuePrior year $218,460$714,866
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 $87,763$40,688
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $223,207$316,219
I-18 Total expensesPrior year $310,970$356,907
I-19 Revenue less expensesPrior year −$92,510$357,959
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $714,866 across 7 lines filed
VIII-1e Government grants$690,946
VIII-1f All other contributions, gifts and grants$7,467
VIII-1h Total contributions, gifts and grants$698,413
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,869$11,869
VIII-3 Investment incomeExcluded from tax $96$96
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,488$4,488
VIII-12 Total revenueRelated to mission $11,869 · Unrelated business $0 · Excluded from tax $4,584$714,866
Part IX · Statement of functional expenses $356,907 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $10,800 · Management $3,600$14,400
IX-7 Other salaries and wagesPrograms $17,033 · Management $5,678$22,711
IX-9 Other employee benefitsPrograms $1,729 · Management $576$2,305
IX-10 Payroll taxesPrograms $954 · Management $318$1,272
IX-11b Legal feesPrograms $3,175 · Management $3,175$6,350
IX-11g Other fees for servicesManagement $5,225$5,225
IX-12 Advertising and promotionPrograms $6,205$6,205
IX-13 Office expensesPrograms $2,370 · Management $2,369$4,739
IX-19 Conferences, conventions and meetingsPrograms $947 · Management $315$1,262
IX-22 Depreciation, depletion and amortizationManagement $93$93
IX-23 InsuranceManagement $4,119$4,119
IX-24 Other expenses (24a–d)Programs $286,520 · Management $1,706$288,226
IX-25 Total functional expensesPrograms $329,733 · Management $27,174 · Fundraising $0$356,907
Part X · Balance sheet $1,205,021 assets, 12 lines filed
Asset lines not itemized here account for $468,090; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $93,791$392,463
X-2 Savings and temporary cash investmentsStart of year $304,650$304,746
X-3 Pledges and grants receivableStart of year $29,500$36,458
X-9 Prepaid expenses and deferred chargesStart of year $3,264$3,264
X-10c Land, buildings and equipment, netStart of year $93$0
X-16 Total assetsStart of year $832,750$1,205,021
X-17 Accounts payable and accrued expensesStart of year $751$20,063
X-19 Deferred revenueStart of year $5,000$0
X-26 Total liabilitiesStart of year $5,751$20,063
X-27 Net assets without donor restrictionsStart of year $826,999$1,184,958
X-32 Total net assets or fund balancesStart of year $826,999$1,184,958
X-33 Total liabilities and net assetsStart of year $832,750$1,205,021
Part XI · Reconciliation of net assets $1,184,958 net assets at year end
XI-1 Total revenue$714,866
XI-2 Total expenses$356,907
XI-3 Revenue less expenses$357,959
XI-4 Net assets at start of year$826,999
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,184,958

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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