Nonprofit · EIN 47-1929828
QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION
Tax-exempt · QUINCY, MA 02170
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,264,229 | $5,715,376 | $548,853 | $11,895,992 | $4,549,085 | $7,346,907 |
| June 30, 2024 | 990 | $3,446,213 | $4,179,290 | -$733,077 | $8,972,332 | $5,884,244 | $3,088,088 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,151,815
- Investment income
- $112,414
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $660,623
- Salaries, compensation and benefits (total)
- $862,280
- Professional fundraising fees
- $0
- Legal fees
- $45,261
- Accounting fees
- $18,609
- Occupancy
- $2,782,393
- Depreciation
- $838,745
- Program services (functional)
- $5,715,376
Balance sheet and other
- Total assets, start of year
- $8,972,332
- Total assets, end of year
- $11,895,992
- Total liabilities, end of year
- $4,549,085
- Net assets, end of year
- $7,346,907
- Land, buildings and equipment
- $7,681,795
- Net assets without donor restrictions
- $7,346,907
- Gross receipts
- $6,264,229
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Marathas | Vice President and Director Trustee or director, Officer, Highest-paid employee | 1 | $0 | $276,800 | $138,804 |
| Thomas Gorman | Plumber Highest-paid employee | 0 | $0 | $168,653 | $84,573 |
| Clinton Gentile | Plumber Highest-paid employee | 0 | $0 | $137,306 | $68,853 |
| Martin Emerson | Plasterer Highest-paid employee | 0 | $0 | $132,520 | $66,453 |
| Richard Brouillard | Director of Modernization Highest-paid employee | 0 | $0 | $130,202 | $65,292 |
| Michael Flaherty | President and Director Trustee or director, Officer | 1 | $0 | $7,920 | $606 |
| Brian Clifford | Clerk and Director Trustee or director, Officer | 1 | $0 | $7,920 | $606 |
| Josephine Shea | Director Trustee or director | 1 | $0 | $7,920 | $606 |
| Timothy Baker | Treasurer and Director Trustee or director, Officer | 1 | $0 | $7,260 | $606 |
| John Decarli | Director Trustee or director | 1 | $0 | $7,260 | $606 |
| Sherry Zou | Director Trustee or director | 1 | $0 | $0 | $0 |
| Thomas Fabrizio | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Marathas | Vice President and Director Trustee or director, Officer, Highest-paid employee | 1 | $0 | $215,180 | $107,904 |
| Grace Mcauliffe | Finance Director Highest-paid employee | 0 | $0 | $159,581 | $80,024 |
| Thomas Gorman | Plumber Highest-paid employee | 0 | $0 | $141,799 | $71,107 |
| Clinton Gentile | Plumber Highest-paid employee | 0 | $0 | $138,759 | $69,582 |
| Martin Emerson | Plasterer Highest-paid employee | 0 | $0 | $126,052 | $63,210 |
| Michael Flaherty | President and Director Trustee or director, Officer | 1 | $0 | $7,920 | $606 |
| Timothy Baker | Treasurer and Director Trustee or director, Officer | 1 | $0 | $7,920 | $606 |
| Brian Clifford | Clerk and Director Trustee or director, Officer | 1 | $0 | $7,920 | $606 |
| Josephine Shea | Director Trustee or director | 1 | $0 | $7,920 | $606 |
| John Decarli | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sherry Zou | Director Trustee or director | 1 | $0 | $0 | $0 |
| Thomas Fabrizio | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 80 CLAY STREET, QUINCY, MA 02170-2745
- In care of
- % JAMES LYDON
- Principal officer (990 for 2024)
- James Marathas, 80 Clay Street, Quincy, MA 02170
- Signed the 990
- James Marathas, Vice President
- Phone
- (617) 847-4350
- Website
- www.quincycares.net
Mission
Support for low income housing programs
Program accomplishments
- Low income housing supportExpenses $5,715,376 · revenue $6,264,229
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1929828
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $11,895,992
- Income (IRS master file)
- $6,264,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,264,229 | $5,715,376 | $11,895,992 | IRS |
| 990 | June 2024 | $3,446,213 | $4,179,290 | $8,972,332 | IRS |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1929828).
Questions about QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION
- What is the EIN of QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION is 47-1929828.
- Is QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names James Marathas.
- Who are the officers and directors of QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does QUINCY HOUSING AUTHORITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,264,229, expenses of $5,715,376 and total assets of $11,895,992 at year end.
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All nonprofits in QUINCY · Massachusetts · Philanthropy, voluntarism and grantmaking foundations