Financial Health

Quaboag Valley CDC helping a small business to recover and grow after tornado.

Tibbetts Optical is a 17 year old retail optical shop owned and operated by Brenda Tibbetts, a sole proprietor, for the past two and a half years. She's grown the business from gross sales of $101,055 in 2011 to $130,714 in 2012.  It is now a very attractive retail storefront business in downtown Monson.  Brenda is an active participant in the downtown merchants group.   

Innovation in Action

The other day I read about a new report by New York State Comptroller Thomas DiNapoli (with the help of the New York Council of Nonprofits) that found that 87 percent of nonprofit contracts with state government (of more than $50,000) were not approved prior to the nonprofits’ beginning their work.

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