Civic Intelligence

The Quincy 2000 Corporation

EIN 04-3172291 • 501(c)3 • Quincy, MA

Profile

To promote community development in the city of quincy and the surrounding areas.

1400 Hancock Street 9th FloorQuincy, MA 02169

www.thequincychamber.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.33x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-19%

Higher net margin than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-72%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-47%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$11,344

Down $29,152 (-72%) from 2023

Liabilities

Down

$3,785

Down $22,710 (-86%) from 2023

Net Assets

Down

$7,559

Down $6,442 (-46%) from 2023

Revenue

Down

$33,645

Down $30,005 (-47%) from 2023

Expenses

Down

$40,087

Down $35,687 (-47%) from 2023

Net Income

Up

-$6,442

Up $5,682 (+47%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0-$100KAssets 2011: $299,866Liabilities 2011: $248,122Net Assets 2011: $51,7442011Assets 2012: $305,196Liabilities 2012: $305,722Net Assets 2012: -$5262012Assets 2013: $292,596Liabilities 2013: $295,849Net Assets 2013: -$3,2532013Assets 2014: $276,224Liabilities 2014: $269,770Net Assets 2014: $6,4542014Assets 2015: $256,877Liabilities 2015: $239,456Net Assets 2015: $17,4212015Assets 2016: $252,141Liabilities 2016: $200,553Net Assets 2016: $51,5882016Assets 2017: $235,600Liabilities 2017: $193,666Net Assets 2017: $41,9342017Assets 2018: $156,052Liabilities 2018: $132,077Net Assets 2018: $23,9752018Assets 2019: $96,426Liabilities 2019: $61,958Net Assets 2019: $34,4682019Assets 2020: $49,188Liabilities 2020: $711Net Assets 2020: $48,4772020Assets 2021: $43,812Liabilities 2021: $1,671Net Assets 2021: $42,1412021Assets 2022: $28,365Liabilities 2022: $2,240Net Assets 2022: $26,1252022Assets 2023: $40,496Liabilities 2023: $26,495Net Assets 2023: $14,0012023Assets 2024: $11,344Liabilities 2024: $3,785Net Assets 2024: $7,5592024

Highlighted filing

2024

Assets$11,344
Liabilities$3,785
Net Assets$7,559

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $84,724Expenses 2011: $76,528Net Income 2011: $8,1962011Revenue 2012: $61,152Expenses 2012: $113,422Net Income 2012: -$52,2702012Revenue 2013: $41,510Expenses 2013: $44,237Net Income 2013: -$2,7272013Revenue 2014: $156,108Expenses 2014: $146,402Net Income 2014: $9,7062014Revenue 2015: $199,209Expenses 2015: $188,242Net Income 2015: $10,9672015Revenue 2016: $304,453Expenses 2016: $270,286Net Income 2016: $34,1672016Revenue 2017: $283,292Expenses 2017: $292,946Net Income 2017: -$9,6542017Revenue 2018: $227,297Expenses 2018: $245,256Net Income 2018: -$17,9592018Revenue 2019: $97,379Expenses 2019: $86,886Net Income 2019: $10,4932019Revenue 2020: $58,204Expenses 2020: $44,195Net Income 2020: $14,0092020Revenue 2021: $15,230Expenses 2021: $21,566Net Income 2021: -$6,3362021Revenue 2022: $11,340Expenses 2022: $27,356Net Income 2022: -$16,0162022Revenue 2023: $63,650Expenses 2023: $75,774Net Income 2023: -$12,1242023Revenue 2024: $33,645Expenses 2024: $40,087Net Income 2024: -$6,4422024

Highlighted filing

2024

Revenue$33,645
Expenses$40,087
Net Income-$6,442

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.04$0.08$0.34$0.40$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.26$0.14$0.64$0.76$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.02$0.26$0.11$0.27$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.02$0.42$0.15$0.22$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.01$0.48$0.58$0.44$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.62$0.34$0.97$0.87$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$1.32$0.24$2.27$2.45$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$1.94$0.42$2.83$2.93$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.52$2.01$0.52$3.04$2.70$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.57$2.39$0.17$1.99$1.88$0.11
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.76$2.70$0.06$1.56$1.46$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$2.96$0.03$0.42$0.44$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$3.06$0.01$0.61$1.13$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$2.48$0.52$0.85$0.77$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$33,645
Mission and Program Overview

Mission

To promote community development in the city of quincy and the surrounding areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$23,100$0▼ $23,100
Cash and Non-Interest-Bearing Accounts$12,427$11,344▼ $1,083
Land, Buildings, and Equipment, Net$4,969$0▼ $4,969
Total Assets$40,496$11,344▼ $29,152
Liabilities
Other Liabilities$26,495$3,785▼ $22,710
Total Liabilities$26,495$3,785▼ $22,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,001$7,559▼ $6,442
Total Net Assets Fund Balance$14,001$7,559▼ $6,442
Total Liabilities and Net Assets / Fund Balance$40,496$11,344▼ $29,152

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$54,662$54,662
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Timothy CahillDirectorFT$122,308$122,308

Board Members and Trustees

NameTitle
Anthony AgnittiPresident
Brian FerraraDirector
John MccarthyDirector
Mike FeenanDirector
Brian RadellSecretary
Jon EngTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,100
Program Service Revenue
$10,170
Investment Income
$0
Other Revenue
$375
All Other Contributions
$23,100
Change in Net Assets
$-6,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$9,600$2,400-$12,000
Depreciation Depletion$3,975$994-$4,969
Other Expenses$23,100$18-$18
Total Functional Expenses$36,675$3,412$0$40,087
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Eta Reserve$2,295
Security Deposits$1,490
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors have delegated responsibility of reviewing the form 990 to the treasurer and executive director prior to filing. A copy of the form 990 will be made available to the board of directors to review and approve after it has been filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing document and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Quincy Economic Development Corporation
EIN
04-3172291
Phone
6174711700
Address
1400 HANCOCK STREET 9TH FLOOR, QUINCY, MA 02169

Signing Officer

Name
Julie Pagano
Title
President and Excutive Director
Phone
6174711700
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Pagano
Formed
1993
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Gt Reilly & Company
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
David Keyo Jr CPA
Phone
6176968900
Raw XML Appendix382 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.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum06174711700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 HANCOCK STREET 9TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0QUINCY
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IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054662
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054662
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ETA RESERVE
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IRS990ScheduleD/TotalLiabilityAmt03785
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAVE DELEGATED RESPONSIBILITY OF REVIEWING THE FORM 990 TO THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO FILING. A COPY OF THE FORM 990 WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS TO REVIEW AND APPROVE AFTER IT HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0271745262
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROMOTE THE ECONOMIC AND TOURISM CLIMATE OF QUINCY, MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01400 HANCOCK STREET 9TH FLOOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0QUINCY
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IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
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IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt011344
IRS990/TotalAssetsGrp/BOYAmt040496
IRS990/TotalAssetsGrp/EOYAmt011344
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IRS990/TotalContributionsAmt023100
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03412
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt036675
IRS990/TotalFunctionalExpensesGrp/TotalAmt040087
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026495
IRS990/TotalLiabilitiesEOYAmt03785
IRS990/TotalLiabilitiesGrp/BOYAmt026495
IRS990/TotalLiabilitiesGrp/EOYAmt03785
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014001
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07559
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt036675
IRS990/TotalProgramServiceRevenueAmt010170
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010545
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt033645
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt040496
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011344
IRS990/TotReportableCompRltdOrgAmt0122308
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01400 HANCOCK STREET 9TH FLOOR
IRS990/USAddress/CityNm0QUINCY
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002169
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.THEQUINCYCHAMBER.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE PAGANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND EXCUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06174711700
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUINCY ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0QUIN
ReturnHeader/Filer/EIN0043172291
ReturnHeader/Filer/PhoneNum06174711700
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 HANCOCK STREET 9TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0QUINCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002169
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042513210
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GT REILLY & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0424 ADAMS STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002186
ReturnHeader/PreparerPersonGrp/PhoneNum06176968900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID KEYO JR CPA
ReturnHeader/ReturnTs02025-05-15T13:10:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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