Overview
What is Quincy Business & Technology Corp?
Quincy Business & Technology Corp is a nonprofit organization situated in Quincy, Illinois, specifically at 301 Oak Street. Its primary mission is to foster economic development by merging the entrepreneurial spirit of budding businesses with the necessary services and resources required for their success and sustained growth. The organization provides affordable office and manufacturing space to these start-ups, thereby creating an environment that supports their development and growth. With a small team of two employees, Quincy Business & Technology Corp plays a significant role in nurturing local businesses, contributing to the overall economic growth of the area.
Official website here: www.qbtc.org
Is Quincy Business & Technology Corp legitimate?
Quincy Business & Technology Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quincy Business & Technology Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $35,294
For more financial information, click here
Official website here: www.qbtc.org
What is the mission statement of Quincy Business & Technology Corp?
Quincy Business & Technology Corp's mission is centered around fostering economic development. It achieves this by merging the entrepreneurial spirit of emerging businesses with the necessary services and resources required for success and sustained growth. The organization provides affordable office and manufacturing space to startup businesses, thus aiding in their development and longevity. By doing so, Quincy Business & Technology Corp plays a significant role in nurturing a thriving business ecosystem.
Official website here: www.qbtc.org
Who is the CEO of Quincy Business & Technology Corp?
Eric Thomas is the President of Quincy Business & Technology Corp.
Official website here: www.qbtc.org
What is the revenue of Quincy Business & Technology Corp?
Quincy Business & Technology Corp's revenue in 2023 was $256,195.
Official website here: www.qbtc.org
Who are the executives of Quincy Business & Technology Corp and what are their salaries?
The average compensation at Quincy Business & Technology Corp during 2023 was $17,647. There are 2 employees at Quincy Business & Technology Corp.
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Official website here: www.qbtc.org
Where can I find the form 990 for Quincy Business & Technology Corp?
Quincy Business & Technology Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.qbtc.org
Learn more at the official website: www.qbtc.org
Mission Statement of Quincy Business & Technology Corp
Quincy Business & Technology Corp, as a nonprofit organization, strives to boost economic development by fostering the entrepreneurial spirit of emerging businesses. They achieve this by offering a blend of necessary services and resources required for successful and sustained growth. By providing affordable office and manufacturing spaces, Quincy Business & Technology Corp serves as a catalyst for budding businesses, nurturing their potential and aiding them in their journey towards self-sustainability. This mission is instrumental in fostering a thriving business environment, ultimately contributing to the overall economic growth of the community.
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Impact
October, 2024
Quincy Business & Technology Corp significantly enhances economic development by fostering the entrepreneurial spirit of emerging businesses. It provides essential services and resources that enable these businesses to thrive and sustain growth. By offering affordable office and manufacturing space, it creates an accessible environment for startups, allowing them to focus on innovation and development without the burden of high overhead costs.
Located in Quincy, IL, the organization serves as a crucial catalyst for community improvement, helping new ventures navigate the complexities of establishing and expanding their operations. The combination of affordable resources and supportive infrastructure helps drive not only individual business success but also contributes to the broader economic vitality of the region. Through its work, Quincy Business & Technology Corp plays a vital role in building a robust entrepreneurial ecosystem that benefits the community as a whole.
This information is meant to be a general summary of Quincy Business & Technology Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $252,341
- Gross Receipts: $256,195
Assets and Liabilities:
- Total Assets: $1,102,145
- Total Liabilities: $72,495
- Net Assets: $1,029,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTS
Revenue
$252,341
Organization Details
Founding Year
1985
Phone
(217) 228-5500Principal Officer
Eric Thomas
Main Address
301 OAK STREET, QUINCY, IL, 62301
Website
www.qbtc.orgNTEE Category
Code: S43Z - Community improvement
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