2015-11-12T12:57:18-08:00 2015-06-30 GRZELAK GRZELAK AND ASSOCIATES PC 319 MEADOW STREET CHICOPEE MA 01013 990 2014-07-01 043370097 Quaboag Valley Community Development Corporation QUAB 4139673001 23 West Main Street Ware MA 01082 SHEILA CUDDY EXECUTIVE DIRECTOR 4139673001 2015-10-27 true ANTHONY R KRUSZ CPA 4134378438 2015-11-12 2014 2016-04-25 22:37:26Z SHEILA CUDDY 23 West Main Street Ware MA 01082 381474 false X www.qvcdc.org X 1997 MA Economic Improvement of the Quaboag Valley, Massachusetts 13 13 15 0 0 328272 332517 46058 48957 0 0 374330 381474 0 0 202418 205371 0 0 172167 213298 374585 418669 -255 -37195 752654 721598 288259 294398 464395 427200 Economic Improvement of the false false 332360 381474 ENTREPRENEURSHIP, BUSINESS CONSULTING, AND COMPUTER TRAINING FOR START-UP AND SMALL BUSINESSES IN THE ORGANIZATIONS SERVICE AREA INCLUDING SUPPORT FOR THE SMALL BUSINESS LOAN PROGRAM OF THE QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION. 332360 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false true false false false false true false false false true 4 0 15 true false false false false false false false false false false X 13 13 true false false false true true false true true false false false true true true true true true false false MA X X SHEILA CUDDY 4139673001 23 West Main Street Ware MA 01082 ED HARRISON Vice President 0.00 X X 0 0 0 DEBRA CHRISTENSEN Treasurer 0.00 X X 0 0 0 RONALD CHRISTENSEN Clerk 0.00 X X 0 0 0 ALICE DAVEY Director 0.00 X 0 0 0 JUDITH GILLAN Director 0.00 X 0 0 0 CAROLYN HALEY Director 0.00 X 0 0 0 KRISTA WILSON Director 0.00 X 0 0 0 VINCENT MCCAUGHEY President 0.00 X X 0 0 0 GLENN MERKEL Director 0.00 X 0 0 0 STEPHEN QUINK Director 0.00 X 0 0 0 RICK EGAN Director 0.00 X 0 0 0 ROBERT BOTTOMLEY Director 0.00 X 0 0 0 JAMES ALGIE Director 0.00 X 0 0 0 SHEILA CUDDY Executive Director 40.00 X 55016 0 0 55016 0 false false false 0 540 193264 138713 26229 332517 QVBAC Contract 541610 15000 Rental Income 531120 28770 Training Fees 611420 3063 Book Sales, etc. 611420 2124 48957 381474 48957 56576 56576 0 0 125123 125123 0 0 6925 6925 0 0 16747 16747 0 0 0 0 0 0 5775 0 5775 0 4033 0 4033 0 6415 0 6415 0 4062 0 4062 0 7320 0 7320 0 17478 0 17478 0 9658 0 9658 0 Real Estate Taxes 1664 0 1664 0 Business Program Consultant 28056 28056 0 0 Computer Training Program 3778 3778 0 0 MA Tech Collaborative 70936 70936 0 0 54123 24219 29904 0 418669 332360 86309 0 12767 17730 120993 206762 50000 123430 39261 1275 1770 2171 1621 554453 99999 442018 454454 752654 721598 19934 33390 268325 261008 288259 294398 X 213358 337000 251037 90200 464395 427200 752654 721598 -37195 X false true X true false X 176956 337110 266897 328272 332517 1441752 176956 337110 266897 328272 332517 1441752 1441752 28260 28760 27420 28860 28770 142070 20445 19207 20859 16427 18063 95001 1678823 0.85880 0.77960 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: QVBAC Contract Revenue 2010: 12000. 2011: 12000. 2012: 15000. 2013: 15000. 2014: 15000. Description: Training Fees 2010: 8445. 2011: 7207. 2012: 5859. 2013: 1427. 2014: 3063. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102026 102026 379277 64244 315033 56788 27270 29518 16362 8485 7877 454454 X 381474 381474 381474 418669 418669 418669 Pt X, Line 2 PROFESSIONAL ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL RECOGNITION, MEASUREMENT,AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIALSTATEMENTS. THE STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. A TAX POSITION IS DEEMED TO INCLUDE SUCH THINGS AS THE ORGANIZATION'S TAX EXEMPT STATUS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2012. X Computer software 1 26229 Fair market value false false false Pt VI, Line 12c Ongoing communications and review Pt VI, Line 15a Compensation determined by board of directors Pt VI, Line 19 Available upon request Pt VI, Line 11b Executive director reviews government filings Pt VI, Line 2 Ronald and Debra Christensen-Family relationship Pt VI, Line 7a Per the bylaws on membership Pt VI, Line 6 Members Form 990, Part IX, Line 24f REPAIRS AND MAINTENANCE 9805. 0. 9805. 0. UTILITIES 7793. 0. 7793. 0. PRINTING AND POSTAGE 1677. 0. 1677. 0. TELEPHONE 2424. 0. 2424. 0. DUES AND SUBSCRIPTIONS 2941. 0. 2941. 0. PAYROLL SERVICE 1528. 0. 1528. 0. BANK AND CREDIT CARD FEES 1397. 1208. 189. 0. CDFI PROGRAM EXPENSES 3220. 3220. 0. 0. SOFTWARE 3547. 0. 3547. 0. COMPUTER SOFTWARE AND MATERIALS 2576. 2576. 0. 0. BUSINESS PLANNING TRAINER 1050. 1050. 0. 0. FINANCIAL MANAGEMENT TRAINERS 9350. 9350. 0. 0. BUSINESS CLASS EXPENSES 5783. 578 Quaboag Valley Business Assistance Corporation 23 West Main Street Suite 1 Ware MA 01082 043268142 Lending capital to local businesses MA 501(c)3 170(b)(1)(A)(ii) false false false true false false false false false false false true false false false false true false false QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION l 15000 CONTRACT QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION d 203750 LOAN STATEMENTS QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION q 117121 Grant Related Invoices