Nonprofit · EIN 85-1877392
BUSINESS COUNCIL OF GREATER MONTGOMERY INC
Tax-exempt · NEWBURGH, NY 12550
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $58,559 | $68,062 | -$9,503 | $8,666 | – | $8,666 |
| December 31, 2023 | 990-EZ | $80,764 | $75,607 | $5,157 | $18,168 | – | $18,168 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Membership dues
- $31,686
- Program service revenue
- $26,873
Expenses
- Grants and similar amounts paid
- $100
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $27,961
- Professional fees and payments to contractors
- $734
- Occupancy
- $3,706
- Other expenses
- $35,561
Balance sheet and other
- Total assets, start of year
- $18,169
- Total assets, end of year
- $8,666
- Total liabilities, end of year
- –
- Net assets, end of year
- $8,666
- Cash, savings and investments
- $8,666
- Gross receipts
- $58,559
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH SOLLECITO | PRESIDENT | 5 | $0 |
| MIKE SYNDER | VICE PRESIDE | 1 | $0 |
| KIRSTYN CERONE CPA | TREASURER | 1 | $0 |
| SARA HALL | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH SOLLECITO | PRESIDENT | 5 | $0 |
| MIKE SYNDER | VICE PRESIDE | 1 | $0 |
| KIRSTYN CERONE CPA | TREASURER | 1 | $0 |
| SARA HALL | SECRRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 11 RACQUET ROAD, NEWBURGH, NY 12550-5710
- Mailing address (990-N for 2022)
- PO BOX 242, MONTGOMERY NY 12549
- Principal officer (990-N for 2022)
- KIRSTYN CERONE CPA, 11 RACQUET RD, NEWBURGH NY 12550
- Signed the 990-EZ
- KIRSTYN CERONE CPA, TREASURER
- Phone
- (845) 656-6571
- Website
- THREEVILLAGES.ORG
- Return prepared by
- RBT CPAS LLP
Mission
OUR MISSION AS THE BUSINESS COUNCIL OF GREATER MONTGOMERY IS TO EFFECTIVELY PROVIDE REPRESENTATION FOR BUSINESSES. WE SUPPORT, PROMOTE AND FURTHER DEVELOP ECONOMIC PROSPERITY WHILE RECOGNIZING THE UNIQUE AND INDIVIDUAL CHARACTER OF THE COMMUNITY.
Program accomplishments
- OUR MISSION AS THE BUSINESS COUNCIL OF GREATER MONTGOMERY IS TO EFFECTIVELY PROVIDE REPRESENTATION FOR BUSINESSES. WE SUPPORT, PROMOTE AND FURTHER DEVELOP ECONOMIC PROSPERITY WHILE RECOGNIZING THE UNIQUE AND INDIVIDUAL CHARACTER OF THE COMMUNITY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-1877392
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $8,666
- Income (IRS master file)
- $58,559
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $58,559 | $68,062 | $8,666 | XML |
| 990-EZ | December 2023 | $80,764 | $75,607 | $18,168 | XML |
| 990-N for 2022 Officer: KIRSTYN CERONE CPA | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: KIRSTYN CERONE CPA | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-1877392).
Questions about BUSINESS COUNCIL OF GREATER MONTGOMERY INC
- What is the EIN of BUSINESS COUNCIL OF GREATER MONTGOMERY INC?
- The employer identification number (EIN) of BUSINESS COUNCIL OF GREATER MONTGOMERY INC is 85-1877392.
- Is BUSINESS COUNCIL OF GREATER MONTGOMERY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
- Are donations to BUSINESS COUNCIL OF GREATER MONTGOMERY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUSINESS COUNCIL OF GREATER MONTGOMERY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BUSINESS COUNCIL OF GREATER MONTGOMERY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS COUNCIL OF GREATER MONTGOMERY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of BUSINESS COUNCIL OF GREATER MONTGOMERY INC?
- The 990-N for 2022 names KIRSTYN CERONE CPA.
- Who are the officers and directors of BUSINESS COUNCIL OF GREATER MONTGOMERY INC?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does BUSINESS COUNCIL OF GREATER MONTGOMERY INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $58,559, expenses of $68,062 and total assets of $8,666 at year end.
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