Civic Intelligence

Quaboag Hills Chamber of Commerce Inc

990EZ • Fiscal year 2015 • EIN 04-2647209

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 12, 2016

3 Converse Street/ Suite 103Palmer, MA 01069

(413) 283-2418

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.46x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

0.50x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$47,611

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 30.3% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

25th percentile

-10%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

-4.7%

Faster revenue growth than 37% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$53,548

Down $5,951 (-10%) from 2014

Net Assets

Down

-$24,796

Down $1,724 (-7.5%) from 2014

Liabilities

Down

$78,344

Down $4,227 (-5.1%) from 2014

Revenue

Down

$156,910

Down $7,770 (-4.7%) from 2014

Expenses

Down

$158,634

Down $11,177 (-6.6%) from 2014

Net Income

Up

-$1,724

Up $3,407 (+66%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2011: $39,209Liabilities 2011: $56,678Net Assets 2011: -$17,4692011Assets 2012: $74,436Liabilities 2012: $86,292Net Assets 2012: -$11,8562012Assets 2013: $72,185Liabilities 2013: $90,126Net Assets 2013: -$17,9412013Assets 2014: $59,499Liabilities 2014: $82,571Net Assets 2014: -$23,0722014Assets 2015: $53,548Liabilities 2015: $78,344Net Assets 2015: -$24,7962015Assets 2016: $55,747Liabilities 2016: $86,584Net Assets 2016: -$30,8372016Assets 2017: $49,555Liabilities 2017: $87,095Net Assets 2017: -$37,5402017Assets 2018: $27,061Liabilities 2018: $50,964Net Assets 2018: -$23,9032018Assets 2019: $24,395Liabilities 2019: $43,782Net Assets 2019: -$19,3872019

Highlighted filing

2015

Assets$53,548
Liabilities$78,344
Net Assets-$24,796

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $178,192Expenses 2011: $179,905Net Income 2011: -$1,7132011Revenue 2012: $189,408Expenses 2012: $183,795Net Income 2012: $5,6132012Revenue 2013: $172,384Expenses 2013: $178,469Net Income 2013: -$6,0852013Revenue 2014: $164,680Expenses 2014: $169,811Net Income 2014: -$5,1312014Revenue 2015: $156,910Expenses 2015: $158,634Net Income 2015: -$1,7242015Revenue 2016: $149,403Expenses 2016: $155,444Net Income 2016: -$6,0412016Revenue 2017: $141,285Expenses 2017: $147,988Net Income 2017: -$6,7032017Revenue 2018: $158,666Expenses 2018: $145,029Net Income 2018: $13,6372018Revenue 2019: $137,510Expenses 2019: $132,996Net Income 2019: $4,5142019

Highlighted filing

2015

Revenue$156,910
Expenses$158,634
Net Income-$1,724
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$156,910
Mission and Program Overview

Mission

To advance the general welfare and prosperity of the quaboag valley.

Program Services

DescriptionGrantsExpenses
THE QUABOAG HILLS CHAMBER OF COMMERCE IS A MEMBERSHIP BASED BUSINESS ORGANIZATION THAT CREATES OPPORTUNITIES FOR MEMBERS TO NETWORK AND GROW THEIR BUSINESSES. MEMBERSHIP IS MADE UP OF APPROXIMATELY 300 BUSINESSES IN THE QUABOAG HILLS REGION OF MASSACHUSETTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEONARD WEAKEPresidentFT$47,611-$47,611
DOUG TURLEYChairman Ele-$0--
KAREN WALLACEDirector-$0--
ANN NICHOLASDirector-$0--
DAVID LAMBERTODirector-$0--
GERALD PAISTDirector-$0--
CINDY FOUNTAINDirector-$0--
JULIE M QUINKTreasurer-$0--
RICHARD RONDEAUAssistant Tr-$0--
BRUCE MARSHALLDirector-$0--
DAVID GOLDENChairperson-$0--
TERESA GROVEPast Chairpe-$0--
TANYA BULLOCKTrustee/Dire-$0--
DR MOHAMMED AHMEDDirector-$0--
SUSAN BARBIASZTrustee/Dire-$0--
JEFFREY ROBERTSTrustee/Dire-$0--
CLARE LADUEClerk-$0--
Filing and Contact Details

Filer

Filer Name
Quaboag Hills Chamber
EIN
04-2647209
Phone
4132832418
Address
3 CONVERSE STREET/ SUITE 103, PALMER, MA 01069

Signing Officer

Name
Leonard Weake
Title
President
Phone
4132832418
Signed
2016-02-12
Discuss with paid preparer
Yes

Preparer

Firm
Burkhart Pizzanelli Pc
Address
201 PARK AVE SUITE 2, WEST SPRINGFIELD, MA 01089
Preparer
Julie Quink
Phone
4137349040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Quaboag referral group 3,960 viridian income 1,634 tsys benefit 103 miscellaneous income 25 quaboag referrel group -2,212 total 3,510

Form 990-ez, Part I, Line 16

Membership directory printing expense 3,681 expenses phone: internet 15 interest expense 1,081 annual meeting 3,680 awards dinner 6,858 dues & subscriptions 1,585 golf tournament 7,412 insurance 1,730 meals & entertainment 208 travel 900 breakfast/after hours mee 475 office expenses 10,788 fines & penalties 109 website 120 non-investment depreciation 280 total 38,922

Form 990-ez, Part II, Line 24

Accounts receivable 11,753 10,372 prepaid expenses and deferred charges 642 791 new computers 2,374 2,374 less accumulated depreciation 2,374 2,374 leasehold improvements 5,585 5,585 less accumulated depreciation 4,241 4,522 telephone equipment 3,200 3,200 less accumulated depreciation 3,200 3,200 equipment 7,871 7,871 less accumulated depreciation 7,871 7,871 furniture & fixtures 7,478 7,478 less accumulated depreciation 7,478 7,478 software 6,920 6,920 less accumulated depreciation 6,920 6,920 total 13,739 12,226

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 372 716 deferred revenue 42,221 41,360 accrued expenses 1,722 1,115 accrued payroll 3,756 653 mortgage and other notes payable 34,500 34,500

Form 990-ez, Part III, Line 28

The quaboag hills chamber of commerce is a membership based business organization that creates opportunities for members to network and grow their businesses. Membership is made up of approximately 300 businesses in the quaboag hills region of massachusetts.

Raw XML Appendix166 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0QUABOAG REFERRAL GROUP 3,960 VIRIDIAN INCOME 1,634 TSYS BENEFIT 103 MISCELLANEOUS INCOME 25 QUABOAG REFERREL GROUP -2,212 TOTAL 3,510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP DIRECTORY PRINTING EXPENSE 3,681 EXPENSES PHONE: INTERNET 15 INTEREST EXPENSE 1,081 ANNUAL MEETING 3,680 AWARDS DINNER 6,858 DUES & SUBSCRIPTIONS 1,585 GOLF TOURNAMENT 7,412 INSURANCE 1,730 MEALS & ENTERTAINMENT 208 TRAVEL 900 BREAKFAST/AFTER HOURS MEE 475 OFFICE EXPENSES 10,788 FINES & PENALTIES 109 WEBSITE 120 NON-INVESTMENT DEPRECIATION 280 TOTAL 38,922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 11,753 10,372 PREPAID EXPENSES AND DEFERRED CHARGES 642 791 NEW COMPUTERS 2,374 2,374 LESS ACCUMULATED DEPRECIATION 2,374 2,374 LEASEHOLD IMPROVEMENTS 5,585 5,585 LESS ACCUMULATED DEPRECIATION 4,241 4,522 TELEPHONE EQUIPMENT 3,200 3,200 LESS ACCUMULATED DEPRECIATION 3,200 3,200 EQUIPMENT 7,871 7,871 LESS ACCUMULATED DEPRECIATION 7,871 7,871 FURNITURE & FIXTURES 7,478 7,478 LESS ACCUMULATED DEPRECIATION 7,478 7,478 SOFTWARE 6,920 6,920 LESS ACCUMULATED DEPRECIATION 6,920 6,920 TOTAL 13,739 12,226
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 372 716 DEFERRED REVENUE 42,221 41,360 ACCRUED EXPENSES 1,722 1,115 ACCRUED PAYROLL 3,756 653 MORTGAGE AND OTHER NOTES PAYABLE 34,500 34,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE QUABOAG HILLS CHAMBER OF COMMERCE IS A MEMBERSHIP BASED BUSINESS ORGANIZATION THAT CREATES OPPORTUNITIES FOR MEMBERS TO NETWORK AND GROW THEIR BUSINESSES. MEMBERSHIP IS MADE UP OF APPROXIMATELY 300 BUSINESSES IN THE QUABOAG HILLS REGION OF MASSACHUSETTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/Filer/EIN0042647209
ReturnHeader/Filer/PhoneNum04132832418
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST SPRINGFIELD
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE QUINK
ReturnHeader/ReturnTs02016-02-15T12:56:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)6 • <$500k nonprofits