QUABOAG VALLEY COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- QUABOAG VALLEY COMMUNITY DEVELOPMENT CORPORATION (EIN 04-3370097)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-12-22
- IRS object ID
- 201443569349300324
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-12-22T09:40:34-08:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRZELAK & KRUSZ PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 319 MEADOW STREET | AddressLine1 |
| City | CHICOPEE | City |
| State | MA | State |
| ZIP Code | 01013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043370097 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Quaboag Valley Community Development Corporation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | QUAB | BusinessNameControlTxt |
| Phone | 4139673001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 West Main Street | AddressLine1 |
| City | Ware | City |
| State | MA | State |
| ZIP Code | 01082 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHEILA CUDDY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4139673001 | PhoneNum |
| Signature | 2014-10-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANTHONY R KRUSZ CPA | PreparerPersonNm |
| Phone | 4138884615 | PhoneNum |
| Preparation | 2014-12-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHEILA CUDDY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 West Main Street | AddressLine1 |
| City | Ware | City |
| State | MA | State |
| ZIP Code | 01082 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $374,330 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.qvcdc.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Economic Improvement of the Quaboag Valley, Massachusetts | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 13 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $266,897 | PYContributionsGrantsAmt |
| CY Contributions Grants | $328,272 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,279 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,058 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $315,176 | PYTotalRevenueAmt |
| CY Total Revenue | $374,330 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $196,693 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $202,418 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $136,993 | PYOtherExpensesAmt |
| CY Other Expenses | $172,167 | CYOtherExpensesAmt |
| PY Total Expenses | $333,686 | PYTotalExpensesAmt |
| CY Total Expenses | $374,585 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$18,510 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$255 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $768,431 | TotalAssetsBOYAmt |
| Total Assets EOY | $752,654 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $430,160 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $288,259 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $338,271 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $464,395 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Economic Improvement of the | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $306,213 | ExpenseAmt |
| Revenue | $374,330 | RevenueAmt |
| Desc | ENTREPENEURSHIP, 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. | Desc |
| Total Program Service Expenses | $306,213 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 13 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHEILA CUDDY | PersonNm |
| Phone | 4139673001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 West Main Street | AddressLine1 |
| City | Ware | City |
| State | MA | State |
| ZIP Code | 01082 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| JAMES ALGIE | |||||||
| Treasurer | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DEBRA CHRISTENSEN | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD CHRISTENSEN | |||||||
| Clerk | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALICE DAVEY | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH GILLAN | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLYN HALEY | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD HARRISON | |||||||
| Vice President | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KRISTA WILSON | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| VINCENT MCCAUGHEY | |||||||
| President | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GLENN MERKEL | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HARRISON QUIRK | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE QUINK | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT BOTTOMLEY | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SHEILA CUDDY | |||||||
| Executive Director | 40.00 | $54,778 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $54,778 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $560 | MembershipDuesAmt |
| Government Grants | $227,764 | GovernmentGrantsAmt |
| All Other Contributions | $99,948 | AllOtherContributionsAmt |
| Noncash Contributions | $7,583 | NoncashContributionsAmt |
| Total Contributions | $328,272 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| QVBAC Contract | 541610 | $15,000 |
| Rental Income | 531120 | $28,860 |
| Training Fees | 611420 | $1,427 |
| Book Sales, etc. | 611420 | $771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,058 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $374,330 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,058 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,778 | TotalAmt |
| Program Services | $54,778 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,480 | TotalAmt |
| Program Services | $123,480 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,709 | TotalAmt |
| Program Services | $7,709 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,451 | TotalAmt |
| Program Services | $16,451 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,590 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,590 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,580 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $9,580 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,305 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,305 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,541 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $7,541 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,147 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $12,147 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,159 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,159 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Real Estate Taxes | $1,161 | $0 | $1,161 | $0 |
| Business Program Consultant | $9,461 | $9,461 | $0 | $0 |
| Computer Training Program | $2,600 | $2,600 | $0 | $0 |
| MA TECH COLLABORATIVE | $74,360 | $74,360 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,263 | TotalAmt |
| Program Services | $17,374 | ProgramServicesAmt |
| Management And General | $24,889 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,585 | TotalAmt |
| Program Services | $306,213 | ProgramServicesAmt |
| Management And General | $68,372 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,332 | BOYAmt |
| EOY | $12,767 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,834 | BOYAmt |
| EOY | $120,993 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,559 | BOYAmt |
| EOY | $50,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,768 | BOYAmt |
| EOY | $123,430 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,594 | BOYAmt |
| EOY | $1,275 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,171 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $524,540 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $82,522 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $447,344 | BOYAmt |
| EOY | $442,018 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $768,431 | BOYAmt |
| EOY | $752,654 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,359 | BOYAmt |
| EOY | $19,934 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,379 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $275,422 | BOYAmt |
| EOY | $268,325 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,160 | BOYAmt |
| EOY | $288,259 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,871 | BOYAmt |
| EOY | $213,358 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,400 | BOYAmt |
| EOY | $251,037 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $338,271 | BOYAmt |
| EOY | $464,395 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $768,431 | BOYAmt |
| EOY | $752,654 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$255 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $126,379 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $176,956 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $337,110 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $266,897 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $328,272 | CurrentTaxYearAmt |
| Total | $1,184,021 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $176,956 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $337,110 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $266,897 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $328,272 | CurrentTaxYearAmt |
| Total | $1,184,021 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,184,021 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,780 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,260 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,760 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,420 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,860 | CurrentTaxYearAmt |
| Total | $141,080 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $116,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,445 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,207 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,859 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,427 | CurrentTaxYearAmt |
| Total | $193,724 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,518,825 | TotalSupportAmt |
| Public Support CY170 | 0.77960 | PublicSupportCY170Pct |
| Public Support PY170 | 0.70110 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt II Line 10 | Description: QVBAC Contract Revenue |
| Pt II Line 10 | 2009: 76772. |
| Pt II Line 10 | 2010: 12000. |
| Pt II Line 10 | 2011: 12000. |
| Pt II Line 10 | 2012: 15000. |
| Pt II Line 10 | 2013: 15000. |
| Pt II Line 10 | Description: Training Fees |
| Pt II Line 10 | 2009: 40014. |
| Pt II Line 10 | 2010: 8445. |
| Pt II Line 10 | 2011: 7207. |
| Pt II Line 10 | 2012: 5859. |
| Pt II Line 10 | 2013: 1427. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $102,026 | OtherCostOrOtherBasisAmt |
| Book Value | $102,026 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $379,277 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,733 | DepreciationAmt |
| Book Value | $324,544 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,874 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,515 | DepreciationAmt |
| Book Value | $6,359 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,363 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,274 | DepreciationAmt |
| Book Value | $9,089 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $442,018 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt X Line 2 | FormAndLineReferenceDesc |
| Explanation | 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, 2010. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 8897. 0. 8897. 0. UTILITIES 6766. 0. 6766. 0. PRINTING AND POSTAGE 701. 0. 701. 0. TELEPHONE 3807. 0. 3807. 0. DUES AND SUBSCRIPTIONS 2062. 0. 2062. 0. PAYROLL SERVICE 1428. 0. 1428. 0. BANK AND CREDIT CARD FEES 1193. 1083. 110. 0. CDFI PROGRAM EXPENSES 385. 385. 0. 0. HARDWICK MILL PROJECT 12871. 12871. 0. 0. SOFTWARE 1118. 0. 1118. 0. COMPUTER SOFTWARE AND MATERIALS 1574. 1574. 0. 0. ALLOCATION OF BUILDING IMPROVEMENTS TO QVBAC 1461. 1461. 0. 0. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Quaboag Valley Business Assistance Corporation | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 West Main Street Suite 1 | AddressLine1 |
| City | Ware | City |
| State | MA | State |
| ZIP Code | 01082 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043268142 | EIN |
| Primary Activities | Lending capital to local businesses | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)3 | ExemptCodeSectionTxt |
| Public Charity Status | 170(b)(1)(A)(ii) | PublicCharityStatusTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION | ||
| l | $15,000 | CONTRACT |
| QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION | ||
| r | $1,461 | INVOICES |
| QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION | ||
| d | $187,289 | LOAN STATEMENTS |
| QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION | ||
| q | $64,764 | Grant Related Invoices |
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