Civic Intelligence

Quaboag Valley Community Development Corporation

990 • Fiscal year 2024 • EIN 04-3370097

Jul 01, 2023 to Jun 30, 2024 • Filed on May 09, 2025

Organization ProfileWWW.QVCDC.ORG
23 West Main Street Suite 1Ware, MA 01082

(413) 967-3001

Siviq Scores

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

Liabilities / Assets

67th percentile

0.19x

Higher debt load relative to assets than 67% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.35x

Higher debt load relative to revenue than 76% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

50th percentile

$58,854

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

60th percentile

8.2%

Faster asset growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.8%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$2,354,270

Up $177,419 (+8.2%) from 2023

Net Assets

Up

$1,902,338

Up $240,942 (+15%) from 2023

Liabilities

Down

$451,932

Down $63,523 (-12%) from 2023

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin67th percentile

Revenue

Up

$1,278,139

Up $113,715 (+9.8%) from 2023

Expenses

Down

$1,089,997

Down $92,121 (-7.8%) from 2023

Net Income

Up

$188,142

Up $205,836 (+1163%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $497,339Liabilities 2011: $316,992Net Assets 2011: $180,3472011Assets 2012: $804,164Liabilities 2012: $447,383Net Assets 2012: $356,7812012Assets 2013: $768,431Liabilities 2013: $430,160Net Assets 2013: $338,2712013Assets 2014: $752,654Liabilities 2014: $288,259Net Assets 2014: $464,3952014Assets 2015: $721,598Liabilities 2015: $294,398Net Assets 2015: $427,2002015Assets 2016: $876,923Liabilities 2016: $313,250Net Assets 2016: $563,6732016Assets 2017: $911,596Liabilities 2017: $310,479Net Assets 2017: $601,1172017Assets 2018: $1,495,891Liabilities 2018: $397,075Net Assets 2018: $1,098,8162018Assets 2019: $1,723,299Liabilities 2019: $293,181Net Assets 2019: $1,430,1182019Assets 2020: $1,878,962Liabilities 2020: $436,653Net Assets 2020: $1,442,3092020Assets 2021: $2,055,853Liabilities 2021: $449,824Net Assets 2021: $1,606,0292021Assets 2022: $2,164,423Liabilities 2022: $485,333Net Assets 2022: $1,679,0902022Assets 2023: $2,176,851Liabilities 2023: $515,455Net Assets 2023: $1,661,3962023Assets 2024: $2,354,270Liabilities 2024: $451,932Net Assets 2024: $1,902,3382024

Highlighted filing

2024

Assets$2,354,270
Liabilities$451,932
Net Assets$1,902,338
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $237,8012011Expenses 2012: $208,6432012Revenue 2013: $315,176Expenses 2013: $333,686Net Income 2013: -$18,5102013Revenue 2014: $374,330Expenses 2014: $374,585Net Income 2014: -$2552014Revenue 2015: $381,474Expenses 2015: $418,669Net Income 2015: -$37,1952015Revenue 2016: $539,891Expenses 2016: $476,018Net Income 2016: $63,8732016Revenue 2017: $610,167Expenses 2017: $572,723Net Income 2017: $37,4442017Revenue 2018: $1,114,262Expenses 2018: $616,563Net Income 2018: $497,6992018Revenue 2019: $944,951Expenses 2019: $613,648Net Income 2019: $331,3032019Revenue 2020: $712,701Expenses 2020: $700,510Net Income 2020: $12,1912020Revenue 2021: $942,305Expenses 2021: $778,585Net Income 2021: $163,7202021Revenue 2022: $1,035,215Expenses 2022: $1,014,954Net Income 2022: $20,2612022Revenue 2023: $1,164,424Expenses 2023: $1,182,118Net Income 2023: -$17,6942023Revenue 2024: $1,278,139Expenses 2024: $1,089,997Net Income 2024: $188,1422024

Highlighted filing

2024

Revenue$1,278,139
Expenses$1,089,997
Net Income$188,142
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2025
Return Version
2023v6.0
Gross Receipts
$1,278,139
Mission and Program Overview

Mission

Economic improvement of the quaboag valley in massachusetts

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,076,049$1,329,357▲ $253,308
Land, Buildings, and Equipment, Net$839,644$804,884▼ $34,760
Cash and Non-Interest-Bearing Accounts$137,790$82,496▼ $55,294
Accounts Receivable$91,389$73,062▼ $18,327
Pledges and Grants Receivable$19,800$46,200▲ $26,400
Prepaid Expenses and Deferred Charges$8,596$14,688▲ $6,092
Inventories for Sale or Use$3,583$3,583→ $0
Total Assets$2,176,851$2,354,270▲ $177,419
Liabilities
Mortgage Notes Payable Secured by Investment Property$346,943$339,717▼ $7,226
Accounts Payable and Accrued Expenses$158,512$102,215▼ $56,297
Deferred Revenue$10,000$10,000→ $0
Total Liabilities$515,455$451,932▼ $63,523
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,477,162$1,709,020▲ $231,858
Net Assets With Donor Restrictions$184,234$193,318▲ $9,084
Total Net Assets Fund Balance$1,661,396$1,902,338▲ $240,942
Total Liabilities and Net Assets / Fund Balance$2,176,851$2,354,270▲ $177,419

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$569,365$220,279$789,644
Equipment$44,093$160,024$204,117
Land$191,426-$191,426
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Melissa FalesExecutive DiFT$58,854$58,854

Board Members and Trustees

NameTitle
Vincent MccaugheyPresident
Alice DaveyDirector
Carolyn HaleyDirector
Ernest GoudreauDirector
Glenn MerkelDirector
Richard Egan IiDirector
Sharon MeliDirector
Ronald ChristensenClerk
Debra ChristensenTreasurer
Robert BottomleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,174,891
Program Service Revenue
$86,938
Investment Income
$16,310
Other Revenue
$0
All Other Contributions
$1,026,090
Change in Net Assets
$188,142

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,278,139
Revenue Not Reported on Form 990
$57,438
Total Revenue per Audited Statements
$1,335,577
Total Revenue per Form 990
$1,278,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$567,115
Other Expenses$522,882
Total Fundraising Expense$49,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$399,996$37,015$14,385$451,396
Current Officers, Directors, Trustees, and Key Employees$47,083$5,886$5,885$58,854
Payroll Taxes$41,889$4,087$1,355$47,331
Office Expenses$31,566$13,807$1,692$47,065
Occupancy$28,021$9,341-$37,362
Depreciation Depletion$27,054$7,706-$34,760
All Other Expenses$31,013--$31,013
Other Expenses$19,725$6,575$25,854$25,854
Insurance$14,278$4,759-$19,037
Interest$3,051$13,274-$16,325
Other Employee Benefits$9,534--$9,534
Travel$7,940--$7,940
Fees for Services Accounting$5,283$932-$6,215
Advertising$3,189--$3,189
Fees for Services Other$460$82-$542
Total Functional Expenses$930,471$110,355$49,171$1,089,997

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,094,635
Expenses per Audited Statements$1,089,997
Total Expenses per Form 990$1,089,997
Expenses Not Reported on Form 990$4,638
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 2

“Ronald christensen debra christensen director director family relationship”

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

Form 990, Page 6, Part VI, Line 7A

“Organization has the power to elect members”

Form 990, Page 6, Part VI, Line 11B

“A copy of the return is provided to the entire board to review prior to filing the return.”

Form 990, Page 6, Part VI, Line 12C

“Ongoing communications and review of policy in existence”

Form 990, Page 6, Part VI, Line 15A

“Compensaton determined by the board of directors”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Quaboag Valley Community
EIN
04-3370097
Phone
4139673001
Address
23 WEST MAIN STREET SUITE 1, WARE, MA 01082

Signing Officer

Name
Melissa Fales
Title
Executive Director
Phone
4139673001
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vincent Mccaughey
Formed
1997
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
22
Volunteers
40

Preparer

Firm
Burkhart Pizzanelli Pc
Address
201 PARK AVE SUITE 2, WEST SPRINGFIELD, MA 01089-1597
Preparer
Julie Quink
Phone
4137349040
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is a not-for-profit corporation organized under massachusetts general laws, chapter 180. The organization is classified as a 501(c)(3) organization under the internal revenue code. As such, the organization is exempt from federal and state corporate income taxes and various federal and state excise and sales taxes. The organization would recognize interest and penalties associated with any uncertain tax positions as interest and other expense, respectively, if applicable. As of june 30, 2024 the organization has not recorded any amounts related to unrecognized income tax benefits or accrued interest and penalties. The organization's informational returns are subject to examination by taxing authorities for all years ending on or after june 30, 2021.”

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IRS990/OccupancyGrp/TotalAmt037362
IRS990/OfficeExpensesGrp/FundraisingAmt01692
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013807
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IRS990/OfficeExpensesGrp/TotalAmt047065
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09534
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09534
IRS990/OtherExpensesGrp/Desc0MUNICIPAL PROJECTS
IRS990/OtherExpensesGrp/Desc1WORKFORCE TRAINING
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UNITED WAY ADMIN FEE
IRS990/OtherExpensesGrp/FundraisingAmt025854
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06891
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16575
IRS990/OtherExpensesGrp/ProgramServicesAmt0239243
IRS990/OtherExpensesGrp/ProgramServicesAmt121146
IRS990/OtherExpensesGrp/ProgramServicesAmt219725
IRS990/OtherExpensesGrp/TotalAmt0239243
IRS990/OtherExpensesGrp/TotalAmt128037
IRS990/OtherExpensesGrp/TotalAmt226300
IRS990/OtherExpensesGrp/TotalAmt325854
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014385
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt037015
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0399996
IRS990/OtherSalariesAndWagesGrp/TotalAmt0451396
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01355
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04087
IRS990/PayrollTaxesGrp/ProgramServicesAmt041889
IRS990/PayrollTaxesGrp/TotalAmt047331
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019800
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt046200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08596
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014688
IRS990/PrincipalOfficerNm0VINCENT MCCAUGHEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1611420
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt046585
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt140353
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01044716
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07032
IRS990/PYOtherExpensesAmt0596023
IRS990/PYOtherRevenueAmt041
IRS990/PYProgramServiceRevenueAmt0112635
IRS990/PYRevenuesLessExpensesAmt0-17694
IRS990/PYSalariesCompEmpBnftPaidAmt0586095
IRS990/PYTotalExpensesAmt01182118
IRS990/PYTotalRevenueAmt01164424
IRS990/ReconcilationRevenueExpnssAmt0188142
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt015000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt086938
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01076049
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01329357
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 692 PROGRAM FEES 229,909
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01174891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01044716
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0956171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0855743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0546803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04578324
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt062895
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt057172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050923
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt046054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt054731
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0271775
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0566876
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt040353
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt062536
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt040537
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt040508
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt046667
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0230601
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90110
IRS990ScheduleA/PublicSupportPY170Pct00.90030
IRS990ScheduleA/PublicSupportTotal170Amt04578324
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01174891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01044716
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0956171
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0855743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0546803
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04578324
IRS990ScheduleA/TotalSupportAmt05080700
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0569365
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0220279
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0789644
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt057438
IRS990ScheduleD/DonatedServicesUseFcltsAmt04638
IRS990ScheduleD/EquipmentGrp/BookValueAmt044093
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160024
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0204117
IRS990ScheduleD/ExpensesNotReportedAmt04638
IRS990ScheduleD/ExpensesSubtotalAmt01089997
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0191426
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0191426
IRS990ScheduleD/RevenueNotReportedAmt057438
IRS990ScheduleD/RevenueSubtotalAmt01278139
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER MASSACHUSETTS GENERAL LAWS, CHAPTER 180. THE ORGANIZATION IS CLASSIFIED AS A 501(C)(3) ORGANIZATION UNDER THE INTERNAL REVENUE CODE. AS SUCH, THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE CORPORATE INCOME TAXES AND VARIOUS FEDERAL AND STATE EXCISE AND SALES TAXES. THE ORGANIZATION WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY UNCERTAIN TAX POSITIONS AS INTEREST AND OTHER EXPENSE, RESPECTIVELY, IF APPLICABLE. AS OF JUNE 30, 2024 THE ORGANIZATION HAS NOT RECORDED ANY AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS OR ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0804884
IRS990ScheduleD/TotalExpensesPerForm990Amt01089997
IRS990ScheduleD/TotalRevenuePerForm990Amt01278139
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01335577
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01094635
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RONALD CHRISTENSEN DEBRA CHRISTENSEN DIRECTOR DIRECTOR FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS THE POWER TO ELECT MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD TO REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ONGOING COMMUNICATIONS AND REVIEW OF POLICY IN EXISTENCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATON DETERMINED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0QUABOAG VALLEY BUSINESS ASSISTANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043268142
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LEND CAP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt023 WEST MAIN STREET SUITE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001082
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,354,270
Liabilities
$451,932
Net assets
$1,902,338
Revenue
$1,278,139
Expenses
$1,089,997
Net income
$188,142
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.35$0.45$1.90$1.28$1.09$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.52$1.66$1.16$1.18$0.02
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.16$0.49$1.68$1.04$1.01$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.45$1.61$0.94$0.78$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.44$1.44$0.71$0.70$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.29$1.43$0.94$0.61$0.33
2018Summary only. Only limited summary data is available for this year.$1.50$0.40$1.10$1.11$0.62$0.50
2017Summary only. Only limited summary data is available for this year.$0.91$0.31$0.60$0.61$0.57$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.31$0.56$0.54$0.48$0.06
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.72$0.29$0.43$0.38$0.42$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.29$0.46$0.37$0.37$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.43$0.34$0.32$0.33$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.45$0.36$0.21
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.32$0.18$0.24