2024-12-04T13:40:55-05:00 2024-06-30 030325875 DAVIS & HODGDON ASSOCIATES CPAS PLC 33 BLAIR PARK RD STE 201 WILLISTON VT 05495 990 2023-07-01 036005859 CYNOSURE INC CYNO 8028625726 60 MAIN STREET PO BOX 786 BURLINGTON VT 05402 FRANK CIOFFI PRESIDENT, SECRETARY 8028625726 2024-12-02 true false BRET HODGDON P00497283 8028781963 2024-12-04 2023 2024-10-15 13:58:12Z FRANK CIOFFI 60 MAIN STREET PO BOX 786 BURLINGTON VT 05402 1600278 false X WWW.GBICVT.ORG X 1955 VT TO UNIFY AND COORDINATE PUBLIC AND PRIVATE EFFORTS DIRECTED TOWARD THE ATTRACTION, ENCOURAGEMENT, FINANCING AND DEVELOPMENT OF PRIVATE INDUSTRY AND COMMERCE WITHIN THE GREATER BURLINGTON AREA AND OTHER MUNICIPALITIES OF CHITTENDEN COUNTY FOR THE PURPOSE OF PROMOTING, INCREASING AND STABILIZING OPPORTUNITIES FOR GAINFUL EMPLOYMENT, IMPROVEMENT OF ECONOMIC CONDITIONS AND GENERAL WELFARE. 10 9 0 9 0 0 1026298 1058758 68201 144555 0 1094499 1203313 597000 644000 0 0 0 0 326748 323706 923748 967706 170751 235607 5234982 5801212 41031 76484 5193951 5724728 X TO UNIFY AND COORDINATE PUBLIC AND PRIVATE EFFORTS DIRECTED TOWARD THE ATTRACTION, ENCOURAGEMENT, FINANCING AND DEVELOPMENT OF PRIVATE INDUSTRY AND COMMERCE WITHIN THE GREATER BURLINGTON AREA AND OTHER MUNICIPALITIES OF CHITTENDEN COUNTY FOR THE PURPOSE OF PROMOTING, INCREASING AND STABILIZING OPPORTUNITIES FOR GAINFUL EMPLOYMENT, IMPROVEMENT OF ECONOMIC CONDITIONS AND GENERAL WELFARE. false false FINANCING OF INDUSTRIAL DEVELOPMENT LOANS AND RECEIVABLES TO VARIOUS QUALIFIED BUSINESSES THROUGHOUT THE GREATER BURLINGTON, VT AREA. LEASING OF AFFORDABLE INDUSTRIAL DEVELOPMENT PROPERTY TO PROMOTE BUSINESS IN THE AREA. false false false false false false false false false true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false true false false true 7 0 0 false false false false false false false false false false false false false false false false false X 10 9 false false false false false false false true true false false true true true true true true true true false X FRANK CIOFFI PRESIDENT 8028625726 60 MAIN STREET PO BOX 786 BURLINGTON VT 05402 FRANK CIOFFI PRESIDENT, S 20.00 0.00 X X 0 205795 54600 DAN SMITH CHAIRPERSON 2.00 X X 0 0 0 PAM MACKENZIE VICE CHAIRPE 2.00 X X 0 0 0 ERNEST A POMERLEAU TREASURER 2.00 X X 0 0 0 BRAD ALDRICH DIRECTOR 2.00 X 0 0 0 ETHAN BECHTEL DIRECTOR 2.00 X 0 0 0 DAVID BRADBURY DIRECTOR 2.00 X 0 0 0 CHRIS D'ELIA DIRECTOR 2.00 X 0 0 0 RICH SMITH DIRECTOR 2.00 X 0 0 0 PETER SYLVESTER DIRECTOR 2.00 X 0 0 0 205795 54600 false true false RENTAL INCOME 531120 1058758 1058758 1058758 126498 126498 415022 396965 18057 18057 18057 1203313 1058758 144555 644000 23856 10550 12621 8788 3800 40024 102130 INVESTMENT PROPERTY OPS 88689 CONSULTING SERVICES 24253 CONTRIBUTIONS 4260 DUES AND SUBSCRIPTIONS 3420 1315 967706 0 0 0 16469 51577 665852 583722 232213 196274 10899 15161 7079644 4710825 2136190 2368819 2155238 2547925 12109 6055 6012 31679 5234982 5801212 10384 20170 30647 56314 41031 76484 X 5193951 5724728 5193951 5724728 5234982 5801212 235607 295170 X false true X true false 566978 566978 6504889 4703819 1801070 7777 7006 771 2368819 LEASE OBLIGATION 31679 SECURITY DEPOSITS 24635 56314 X 908143 -295170 -295170 1203313 1203313 967706 967706 967706 SCHEDULE D, PAGE 3, PART X CYNOSURE ANNUALLY FILES IRS FORM 990, RETURN OF THE ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION. CYNOSURE IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR THE YEARS PRIOR TO JUNE, 2021. IN THE NORMAL COURSE OF BUSINESS, CYNOSURE IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE MANAGEMENT OF CYNOSURE BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT JUNE 30, 2024 AND 2023. false GREATER BURLINGTON INDUSTRIAL CORP 60 MAIN STREET PO BOX 786 BURLINGTON VT 05402 030188746 501C6 619000 FMV GENERAL SUPPORT VERMONT COMMUNITY FOUNDATION 3 COURT STREET MIDDLEBURY VT 05753 222712160 501C3 10000 FMV GENERAL SUPPORT RIVERFLOW COMMUNITY 57 CEDAR LANE NORTH FERRISBURGH VT 05473 933757816 501C3 10000 FMV GENERAL SUPPORT X false false false FRANK CIOFFI PRESIDENT, SECRETARY 205795 20580 34020 260395 FORM 990 - ORGANIZATION'S MISSION TO UNIFY AND COORDINATE PUBLIC AND PRIVATE EFFORTS DIRECTED TOWARD THE ATTRACTION, ENCOURAGEMENT, FINANCING AND DEVELOPMENT OF PRIVATE INDUSTRY AND COMMERCE WITHIN THE GREATER BURLINGTON AREA AND OTHER MUNICIPALITIES OF CHITTENDEN COUNTY FOR THE PURPOSE OF PROMOTING, INCREASING AND STABILIZING OPPORTUNITIES FOR GAINFUL EMPLOYMENT, IMPROVEMENT OF ECONOMIC CONDITIONS AND GENERAL WELFARE. FORM 990, PAGE 6, PART VI, LINE 11B THE FINAL VERSION OF FORM 990 AVAILABLE TO ALL MEMBERS OF THE BOARD BY POSTING THE TAX RETURN ON A SECURE WEB PORTAL THAT ALL MEMBERS HAVE ACCESS TO WITH A USERNAME AND PASSWORD. FORM 990, PAGE 6, PART VI, LINE 12C CYNOSURE ANNUALLY DISTRIBUTES A CONFLICT OF INTEREST POLICY AND THROUGHOUT THE YEAR PRACTICES ARE CLOSELY MONITORED. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION CONTRACTS WITH A RELATED PARTY FOR MANAGEMENT SERVICES AND CONTRACT AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION CONTRACTS WITH A RELATED PARTY FOR MANAGEMENT SERVICES AND CONTRACT AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC BY PROVIDING COPIES UPON REQUEST. GREATER BURLINGTON INDUSTRIAL CORP GREATER BURLINGTON INDUSTRIAL CORP PO BOX 786 PO BOX 786 BURLINGTON VT 05402 030188746 SUPPORT VT 501C6 NA N/A false false true false false false false false false false false false false false false false false false false false GREATER BURLINGTON INDUSTRIAL CORP GREATER BURLINGTON INDUSTRIAL CORP B 619000 FAIR MARKET VALUE