2026-05-13T09:25:16-04:00 2025-06-30 042929980 BURKHART PIZZANELLI PC 201 PARK AVE SUITE 2 WEST SPRINGFIELD MA 010891597 990 2024-07-01 043370097 QUABOAG VALLEY COMMUNITY DEVELOPMENT CORPORATION QUAB 4139673001 23 WEST MAIN STREET SUITE 1 WARE MA 01082 MELISSA FALES EXECUTIVE DIRECTOR 4139673001 2026-05-12 true true JULIE QUINK P01068729 4137349040 2026-05-12 2024 2025-03-06 01:10:19Z ROBERT BOTTOMLEY 23 WEST MAIN ST SUITE 1 WARE MA 01082 886141 false X WWW.QVCDC.ORG X 1997 MA ECONOMIC IMPROVEMENT OF THE QUABOAG VALLEY IN MASSACHUSETTS 9 9 22 43 0 1174891 726004 86938 114093 16310 24632 0 1278139 864729 0 0 567115 604507 0 24471 522882 546512 1089997 1151019 188142 -286290 2354270 2144225 451932 518880 1902338 1625345 ECONOMIC IMPROVEMENT OF THE QUABOAG VALLEY IN MASSACHUSETTS false false 1006531 114093 TO PROVIDE SUPPORT TO BUSINESSES LOCATED IN THE QUABOAG REGION AND SUPPORT FOR THE SMALL BUSINESS LOAN PROGRAM OF QUABOAG VALLEY BUSINESS ASSISTANCE PROGRAM BY INVESTING CAPITAL IN SMALL BUSINESSES THAT ARE UNABLE TO OBTAIN CAPITAL THROUGH CONVENTIONAL MEANS. IN ADDITION, WE ENGAGE IN COMMUNITY ECONOMIC DEVELOPMENT ACTIVITIES THAT BENEFIT LOW INCOME UNDERSERVED RESIDENTS WITH A GOAL OF REDUCING UNEMPLOYMENT, REDUCING UNDEREMPLOYMENT AND PROVIDING JOB TRAINING AND EDUCATION. 1006531 true true false false false false false false false false true false false false false true true false false false false false 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 true 7 0 false 22 true false false false false false false false false X 9 9 true false false false true true false true true false false true true true true true true true false false MA X X MELISSA FALES 4139673001 23 WEST MAIN ST SUITE 1 WARE MA 01082 ROBERT BOTTOMLEY PRESIDENT 1.00 X X 0 0 0 ALICE DAVEY VICE PRESIDE 1.00 X X 0 0 0 DEBRA CHRISTENSEN TREASURER 1.00 X X 0 0 0 RONALD CHRISTENSEN CLERK 1.00 X X 0 0 0 MELISSA FALES EXECUTIVE DI 40.00 X 61407 0 5950 ELIZABETH GITTENS DIRECTOR 1.00 X 0 0 0 ERNEST GOUDREAU DIRECTOR 1.00 X 0 0 0 CAROLYN HALEY DIRECTOR 1.00 X 0 0 0 SHARON MELI DIRECTOR 1.00 X 0 0 0 GLENN MERKEL DIRECTOR 1.00 X 0 0 0 61407 5950 false false false 320 15000 106750 603934 726004 PROGRAM FEES 611420 75933 75933 RENTAL INCOME 531120 38160 38160 114093 24044 24044 22000 21392 20 608 -20 588 -20 608 864729 138117 608 61407 49125 6141 6141 470541 419073 37767 13701 23619 23619 48940 43067 3915 1958 7027 4258 2769 1715 1715 559 475 84 5346 4134 1212 50005 30676 18567 762 42177 31633 10544 7778 7778 15124 3042 12082 33429 25918 7511 25551 19163 6388 MUNICIPAL PROJECTS 283178 283178 WORKFORCE TRAINING 29499 22781 6718 REPAIRS & MAINTENANCE 18416 13812 4604 FINANCIAL FITNESS 12725 12725 13983 12074 1909 1151019 1006531 120017 24471 82496 65828 1329357 575415 46200 19800 73062 95832 3583 3583 14688 10900 1200745 409054 804884 791691 581176 2354270 2144225 102215 88934 10000 99194 339717 330752 451932 518880 X 1709020 1586483 193318 38862 1902338 1625345 2354270 2144225 X -286290 9297 X false true X true false X 855743 956171 1044716 1174891 726004 4757525 855743 956171 1044716 1174891 726004 4757525 4757525 46054 50923 57172 62895 24044 241088 40508 40537 62536 40353 75933 259867 5258480 539115 0.90470 0.90110 X PART II, LINE 10 MISCELLANEOUS INCOME 90 PROGRAM FEES 259,777 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191426 191426 809900 240302 569598 199419 168752 30667 791691 X 872331 9297 9297 863034 1715 -20 1695 864729 1149324 20 20 1149304 1715 1715 1151019 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, 2025, 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, 2022. SCHEDULE D, PAGE 4, PART XI, LINE 4B LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -20 SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 20 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 FORM 990, PART XI, LINE 9 LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 20 LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -20 QUABOAG VALLEY BUSINESS ASSISTANCE CORPORATION 23 WEST MAIN STREET SUITE 1 WARE MA 01082 043268142 LEND CAP MA 501 C3 7 NA false false false false false false false false false false false false false false true false false true false false QUABOAG VALLEY BUSINESS ASSISTANCE Q 103176 GRANT AND ADMIN SERVICES QUABOAG VALLEY BUSINESS ASSISTANCE N