2025-02-17T10:51:36-06:00 2024-06-30 042088368 GRAY GRAY & GRAY LLP 150 ROYALL STREET SUITE 102 CANTON MA 02021 990 2023-07-01 010556446 QUINCY ASIAN RESOURCES INC QUIN 6174722200 275 HANCOCK STREET SUITE 205 QUINCY MA 02171 PHILIP CHONG PRESIDENT & CEO 6174722200 2025-02-17 1 1 MICHAEL L CECERE P00236848 7814070300 2025-02-17 2023 2025-03-06 01:10:19Z PHILIP CHONG 275 HANCOCK STREET SUITE 205 QUINCY MA 02171 4383751 0 X WWW.QUINCYASIANRESOURCES.ORG X 2001 MA TO FOSTER & IMPROVE THE SOCIAL, CULTURAL, ECONOMIC & CIVIC LIVES OF IMMIGRANTS & THEIR FAMILIES. 11 11 44 11 0 0 1381400 3240410 666016 812301 11092 17129 147680 -7008 2206188 4062832 7000 4500 0 0 1529016 1850667 40855 74521 331225 1288814 1695511 2865685 3625199 -659497 437633 2325468 2902952 748741 887460 1576727 2015492 X SEE SCHEDULE O. 0 0 411664 4500 557350 WORKFORCE DEVELOPMENT: QARI SERVES THE IMMIGRANT POPULATION (PRIMARILY ASIANS AND THOSE WITH LOW INCOME) RESIDING IN QUINCY AND THE SURROUNDING SOUTH SHORE. WHEN THE ASIAN POPULATION IN QUINCY BECAME THE LARGEST PER CAPITA IN THE STATE OF MA, FOLLOWED BY BOSTON AND MALDEN, THE NEEDS OF OUR SERVICES AND THE ORGANIZATIONAL STRATEGIES TO SUPPORT THE RAPIDLY GROWING POPULATION HAVE ALSO EVOLVED. 377961 137436 FAMILY & COMMUNITY SERVICES: QARI'S FAMILY & COMMNITY SERVICES TEAM PROVIDES INFORMATION AND REFERRAL (I&R) SERVICES TO CLIENTS IN ENGLISH, CANTONESE, MANDARIN, TAISHANESE, FUJIANESE, VIETNAMESE, PORTUGUESE, AND SPANISH TO ASSIST THEM WITH VARIOUS SERVICES ON TOPICS RANGING FROM HOUSING, ELDER SERVICES, HEALTHCARE AND PUBLIC HOUSING TO CHILD CARE, PATHWAYS TO HIGHER EDUCATION, AND CITIZENSHIP ASSISTANCE, CLIENTS RECEIVE ASSISTANCE LOCATING AND COMPLETING FORMS, TRANSLATING DOCUMENTS, AND FINDING RESOURCES. 286694 93 ADULT EDUCATION PROGRAM: YEAR ROUND, OUR ADULT EDUCATION PROGRAM OFFERS COURSES TO STUDENTS IN THE MORNING AND EVENING TEACHING ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL). IN THE ADULT EDUCATION PROGRAMS, IMMIGRANT STUDENTS IMPROVED THEIR ENGLISH AND OTHER SKILLS NEEDED TO THRIVE IN THE U.S. IN ADDITION TO ENGLISH SPEAKING SKILLS, STUDENTS HAVE PREPARED FOR THE WORKFORCE WITH TASKS LIKE JOB APPLICATIONS AND MOCK INTERVIEWS. 1515568 117422 1515568 117422 2591887 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 29 0 1 44 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MA NY X RUBEN KLEIN 6174722200 275 HANCOCK STREET SUITE 205 QUINCY MA 02171 LILY HSU BOARD CHAIR 0.50 X X 0 0 0 DR WAN WU VICE CHAIRMAN 0.50 X X 0 0 0 MICHAEL MULLIN TREASURER 0.50 X X 0 0 0 LUKE O'CONNELL SECRETARY 0.50 X X 0 0 0 DAVID CHEW BOARD MEMBER 0.50 X 0 0 0 LILY CHU BOARD MEMBER 0.50 X 0 0 0 MARIA FRUCI BOARD MEMBER 0.50 X 0 0 0 PAUL GORMAN BOARD MEMBER 0.50 X 0 0 0 BETTY CHENG BOARD MEMBER 0.50 X 0 0 0 ATIF ADAM BOARD MEMBER 0.50 X 0 0 0 ALISON MARSHALL BOARD MEMBER 0.50 X 0 0 0 KIN HO CHONG PRESIDENT & CEO 37.50 X 229201 0 0 KEVIN BARRY CFO 37.50 X 149223 0 0 EMILY CANNER COO 37.50 X 128477 0 0 DOTTIE MURPHY CPO 37.50 X 103296 0 0 610197 0 0 4 0 1 0 0 15436 862301 2362673 3240410 CONTRACT SERVICE REVEN 813311 812301 812301 812301 17129 17129 313911 15436 320919 -7008 -7008 4062832 812301 0 10121 X 4500 4500 610197 462343 90214 57640 927389 702678 137110 87601 154421 56348 98073 158660 75098 74484 9078 40996 40996 63249 63249 74521 74521 1106666 1054326 52340 37768 18826 13605 5337 103955 48740 40667 14548 76111 47403 18361 10347 43221 43221 25218 9583 11348 4287 PROGRAM SUPPLIES 104967 59737 38028 7202 PROGRAM SUPPORT 81655 52305 21026 8324 VEHICLE 9705 9705 BAD DEBTS 2000 2000 3625199 2591887 702087 331225 300101 753379 786424 685919 412345 440626 122080 177512 27163 13234 62769 12554 62883 50215 30667 583805 782067 2325468 2902952 302307 408549 446434 478911 748741 887460 X 1201084 1498317 375643 517175 1576727 2015492 2325468 2902952 437633 1132 0 X X 0 1 X 1 0 X 1057558 1477410 1883382 1381400 3240410 9040160 1057558 1477410 1883382 1381400 3240410 9040160 9040160 6128 6385 521 11092 17129 41255 9635 1962 7268 12767 31632 9113047 0.99200 0.80400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 401443 368603 293284 1063330 1594995 75000 75000 100361 92151 73321 265833 398750 62769 12554 50215 50215 DUE FROM AFFILIATE 703214 RIGHT-OF-USE OPERATING LEASE ASSETS 78853 782067 OPERATING LEASE LIABILITY 80454 CONDITIONAL ADVANCES 398457 478911 X 4063964 1132 1132 4062832 0 4062832 3625199 0 3625199 0 3625199 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT JUNE 30, 2024. HOWEVER, THE ORGANIZATION'S INFORMATION AND TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE JURISDICTIONS. X X 1 LUNAR NEW YEAR FESTIVAL 61291 61291 600 3500 34811 BANQUET 133172 136 133036 24480 18371 3 134884 15300 119584 1100 238057 329347 15436 313911 25080 4600 291239 320919 -7008 0 0 0 0 0 0 0 0 0 KIN HO CHONG PRESIDENT & CEO 229201 0 0 0 0 0 0 0 0 0 229201 0 0 0 FORM 990, PART III, LINE 1 QARI'S MISSION IS TO FOSTER AND IMPROVE THE SOCIAL, CULTURAL, ECONOMIC AND CIVIC LIVES OF IMMIGRANTS AND THEIR FAMILIES IN ORDER TO BENEFIT QUINCY AND ITS NEIGHBORING COMMUNITIES. THROUGH COLLABORATIONS AND PARTNERSHIPS, WE PROVIDE CULTURALLY COMPETENT SERVICES, SUCH AS WORKFORCE DEVELOPMENT, ADULT EDUCATION PROGRAMS, YOUTH DEVELOPMENT, AND CULTURAL EVENTS AS WELL AS INFORMATION AND REFERRALS TO PUBLIC OR OTHER COMMUNITY ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS RECEIVES THE FORM 990 TO REVIEW PRIOR TO FILING AND THE PRESIDENT/CHAIR APPROVES THE FORM. THE FORM 990 IS THEN SIGNED BY THE ORGANIZATION'S PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THEY ARE THEN REVIEWED AND IF APPROPRIATE, ADDRESSED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 QARI'S EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE BOARD OF DIRECTORS THROUGH ITS EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE COMMITTEE MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES TO THE BOARD, AS APPROPRIATE. A PERFORMANCE EVALUATION IS CONDUCTED AND REVIEWED EACH YEAR AND IS INTENDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. FOLLOWING THIS REVIEW, THE COMMITTEE REVIEWS AND APPROVES, FOR SELECTED KEY EXECUTIVES, BASE SALARIES AND ANNUAL INCENTIVE OPPORTUNITY ADJUSTMENTS, AND OBJECTIVES AND GOALS FORTHUPCOMING YEAR'S ANNUAL INCENTIVE PLAN. THE COMMITTEE REVIEWS AND RECOMMENDS TO THE BOARD SALARY APPROVAL AND INCENTIVE AWARDS FOR THE CHIEF EXECUTIVE OFFICER AND SELECTED KEY SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 1,054,326. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 52,340. TOTAL EXPENSES 1,106,666. WUTABON INC 1509 HANCOCK STREET SUITE 209 QUINCY MA 02169 872435964 DELIVERY SERVICE MA QUINCY ASIAN RESOURCES INC C 284522 461308 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WUTABON INC D 703214 FMV