TY 2023 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
BALLSTON SPA BUSINESS & PROFESSIONAL
ASSOCIATION

Number and street (or P. O. box, if mail is not delivered to street address)PO BOX 386
Room/suite

City or town, state or province, country, and ZIP or foreign postal code BALLSTON SPA, NY12020

D Employer identification number

14-1677750

E Telephone number

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? PRIMARY PURPOSE IS TO PROMOTE BUSINESS GROWTH, REVITALIZATION AND BEAUTIFICATION OF THE VILLAGE OF BALLSTON SPA THROUGH PROMOTIONAL PROGRAMS AND MARKETING.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 MARKETING OF VILLAGE BUSINESSES; VILLAGE BEAUTIFICATION (BENCHES, PLANTS & FLOWERS); PRINTING/PUBLICATION OF BROCHURES. PROGRAMS PROMOTE BUSINESS ACTIVITY AND RECOGNITION, ATTRACT CUSTOMERS, AND ENHANCE VILLAGE APPEARANCE FOR THE BENEFIT OF HUNDREDS OF ESTABLISHMENTS AND THOUSANDS OF RESIDENTS IN THE VILLAGE OF BALLSTON SPA. (Grants $ ) If this amount includes foreign grants, check here ...			28a	74,203
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	74,203

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NATHAN WARD Vice President	2.00	0
CHRISTINE KERNOCHAN President	4.00	0
MIKE SCHAFFER Vice President	2.00	0
JUNE LANE Treasurer	4.00	0
ELIZABETH BIDDLE Secretary	2.00	0
DARVIN BOWIE Director	1.00	0
DAYANIS BOWIE Director	1.00	0
ED DESO Director	1.00	0
LISA MCCOY Director	1.00	0
MACKENZIE FREDERICK Director	1.00	0
STEVE MIRAGLIA Director	1.00	0
MAGGIE SCHLEGEL Director	1.00	0
GRIFFIN KELLY Director	1.00	0
JOSHUA PARLAPIANO Director	1.00	0
MIGUELINA SANCHEZ Director	1.00	0
JOHN SHEA Director	1.00	0

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? If “Yes," complete Schedule L, Part I

40b

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1002	Office Expenses $4108
Other Expenses.1003	Information Technology $2675
Other Expenses.1012	Insurance $4512
Other Expenses.1	OUTSIDE SERVICES $35050
Other Expenses.2	MARKETING $15575
Other Expenses.3	PROGRAM SERVICE COST $5496
Other Expenses.5	DUES & MEMBERSHIPS $1270
Other Expenses.6	VILLAGE BEAUTIFICATION $601
Other Expenses.7	SCHOLARSHIPS $500
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $480 Accounts Payable and Accrued Expenses - Ending $4139
Total Liabilities.1003	Deferred Revenue - Beginning $2401 Deferred Revenue - Ending $2442
Total Liabilities.1	UNREDEEMED GIFT CERTIFICATES - Beginning $23782 UNREDEEMED GIFT CERTIFICATES - Ending $18722

Return Reference

Explanation

Other Expenses.1002

Office Expenses $4108

Other Expenses.1003

Information Technology $2675

Other Expenses.1012

Insurance $4512

Other Expenses.1

OUTSIDE SERVICES $35050

Other Expenses.2

MARKETING $15575

Other Expenses.3

PROGRAM SERVICE COST $5496

Other Expenses.5

DUES & MEMBERSHIPS $1270

Other Expenses.6

VILLAGE BEAUTIFICATION $601

Other Expenses.7

SCHOLARSHIPS $500

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $480 Accounts Payable and Accrued Expenses - Ending $4139

Total Liabilities.1003

Deferred Revenue - Beginning $2401 Deferred Revenue - Ending $2442

Total Liabilities.1

UNREDEEMED GIFT CERTIFICATES - Beginning $23782 UNREDEEMED GIFT CERTIFICATES - Ending $18722

1	Contributions, gifts, grants, and similar amounts received ....................	1	19,313
2	Program service revenue including government fees and contracts ................	2	36,108
3	Membership dues and assessments .............................	3	19,622
4	Investment income ....................................	4	32
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ 19,313 of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) List of Attached Documents: // Content ..	6b	18,947
c	Less: direct expenses from gaming and fundraising events ...	6c	18,947
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a	2,125
b	Less: cost of goods sold .............	7b	879
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	1,246
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	76,321

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	1,630
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	36,497
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	38,127

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	23017517
Software Version:	2023v6.0

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	480
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	4,424
16	Other expenses (describe in Schedule O) ...................	16	69,787
17	Total expenses. Add lines 10 through 16 .................	17	74,691

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










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