Nonprofit · EIN 82-5021847
1780 HCHQ INC
Tax-exempt · SPRINGFIELD, MA 01103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $627,679 | $1,175,337 | -$547,658 | $14,165,631 | $13,959,713 | $205,918 |
| June 30, 2024 | 990 | $627,918 | $538,695 | $89,223 | $14,719,686 | $13,966,110 | $753,576 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $626,670
- Investment income
- $1,009
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $634,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,930
- Depreciation
- $303,898
- Program services (functional)
- $1,091,008
- Management and general (functional)
- $84,329
Balance sheet and other
- Total assets, start of year
- $14,719,686
- Total assets, end of year
- $14,165,631
- Total liabilities, end of year
- $13,959,713
- Net assets, end of year
- $205,918
- Land, buildings and equipment
- $12,490,135
- Net assets without donor restrictions
- $205,918
- Gross receipts
- $627,679
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- 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 |
|---|---|---|---|---|---|
| LAUREEN BORGATTI | CLERK Trustee or director, Officer | 1 | $0 | $167,919 | $18,373 |
| PASCALE DESIR | ASSISTANT CLERK Trustee or director, Officer | 1 | $0 | $163,578 | $10,757 |
| WILLIAM BREITBART | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GLENN WELCH | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELLEN FREYMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEGAN TALBERT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LAUREEN BORGATTI | CLERK Trustee or director, Officer | 1 | $0 | $163,446 | $14,701 |
| PASCALE DESIR | ASSISTANT CLERK Trustee or director, Officer | 1 | $0 | $149,645 | $7,880 |
| WILLIAM BREITBART | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GLENN WELCH | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELLEN FREYMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEGAN TALBERT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1780 MAIN ST, SPRINGFIELD, MA 01103-1000
- In care of
- % WAY FINDERS INC
- Principal officer (990 for 2024)
- LAUREEN BORGATTI, 1780 MAIN STREET, SPRINGFIELD, MA 01103
- Signed the 990
- LAUREEN BORGATTI, CLERK
- Phone
- (413) 233-1500
- Return prepared by
- DANIEL DENNIS AND COMPANY LLP
Mission
1780 HCHQ, INC. (THE "CORPORATION") IS FORMED TO: (I) RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF WAY FINDERS, INC. ("WAY FINDERS") SO LONG AS WAY FINDERS CONTINUES TO BE ORGANIZED AND OPERATING FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE; (II) ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT WAY FINDERS WOULD OTHERWISE HAVE TO PERFORM; (III) OWN, LEASE AND MAINTAIN THE SITE OR SITES AT WHICH WAY FINDERS IS LOCATED; (IV) OTHERWISE BENEFIT, THROUGH THE PROVISION OF FINANCIAL SUPPORT AND SERVICES, WAY FINDERS ; AND (V) ENGAGE IN ANY LAWFUL ACT OR ACTIVITY IN FURTHERANCE OF THE FOREGOING, PROVIDED SUCH ACTIVITIES ARE NOT IN VIOLATION, OR INCONSISTENT WITH,THE CORPORATION'S STATUS AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE.
Program accomplishments
- 1780 HCHQ, INC. HAS ACQUIRED PROPERTY IN SPRINGFIELD, MASSACHUSETTS THAT IS TO BE DEVELOPED AND LEASED TO WAY FINDERS, INC. AS THEIR NEW HOUSING CENTER AND HEADQUARTERS. ALL ACTIVITIES DURING THE CURRENT YEAR RELATED TO PREDEVELOPMENT AND ACQUISITION OF THE PROPERTY.Expenses $1,091,008 · grants $634,000 · revenue $626,670
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
- 82-5021847
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L11)
- Assets (IRS master file)
- $14,165,631
- Income (IRS master file)
- $627,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $627,679 | $1,175,337 | $14,165,631 | XML |
| 990 | June 2024 | $627,918 | $538,695 | $14,719,686 | XML |
| 990 | June 2023 | $626,913 | $537,720 | $14,740,522 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 82-5021847).
Questions about 1780 HCHQ INC
- What is the EIN of 1780 HCHQ INC?
- The employer identification number (EIN) of 1780 HCHQ INC is 82-5021847.
- Is 1780 HCHQ INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to 1780 HCHQ INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does 1780 HCHQ INC 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 1780 HCHQ INC 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 1780 HCHQ INC 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 1780 HCHQ INC?
- The 990 for the year ended June 30, 2025 names LAUREEN BORGATTI.
- Who are the officers and directors of 1780 HCHQ INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does 1780 HCHQ INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $627,679, expenses of $1,175,337 and total assets of $14,165,631 at year end.
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All nonprofits in SPRINGFIELD · Massachusetts · Housing and shelter