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Wellesley Community Childrens Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042488103 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Wellesley Community Childrens Center Inc?

Wellesley Community Children's Center Inc is a nonprofit organization, established in 1971, that primarily focuses on providing high-quality education and child care programs and services. Originating with preschool and kindergarten enrollees, the center has grown to cater to over 400 children from infancy up to middle school age, through their Early Childhood and After School Programs. This organization is dedicated to nurturing young minds and ensuring their well-being, making a significant impact on the community.


Official website here: www.wccc.wellesley.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating

Wellesley Community Children's Center Inc has achieved a remarkable 96% rating, showcasing its strong commitment to accountability and financial management. This high score reflects the organization's effective governance, with 75% of its board members being independent, which helps ensure unbiased decision-making and transparency. Furthermore, the organization's financial practices are robust, as evidenced by an exemplary program expense ratio of 88.32%, indicating that a significant portion of funds is directed towards its programs.

The center also demonstrates an impressive level of oversight, with a comprehensive audit and oversight committee earning it full points in this area. Policies such as conflict of interest and whistleblower protections are in place, highlighting the organization's dedication to ethical standards and accountability. No material diversion of assets has been reported, which further strengthens trust in its financial integrity.

While the organization excels in financial accountability, the summary does not provide details regarding its program outcomes or qualitative impact. Potential donors and stakeholders may benefit from additional information about the specific programs and services offered, as well as their effectiveness in serving the community.


This AI summary has been generated from information found on Charity Navigator.

Is Wellesley Community Childrens Center Inc legitimate?

Wellesley Community Childrens Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellesley Community Childrens Center Inc 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:

Executive Compensation: $534,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,957,372

For more financial information, click here


Official website here: www.wccc.wellesley.edu

What is the mission statement of Wellesley Community Childrens Center Inc?

The Wellesley Community Children's Center Inc. is committed to providing high-quality education and child care programs and services. Their mission is centered around this commitment, aiming to cater to children from infancy to middle school through their Early Childhood and After School Programs. The center began operations in 1971, initially serving preschoolers and kindergartners, and has since expanded its reach to serve over 400 children.


Official website here: www.wccc.wellesley.edu

Who is the CEO of Wellesley Community Childrens Center Inc?

Carolyn Stolov is the Executive Di of Wellesley Community Childrens Center Inc.


Official website here: www.wccc.wellesley.edu

What is the revenue of Wellesley Community Childrens Center Inc?

Wellesley Community Childrens Center Inc's revenue in 2022 was $5,199,380.


Official website here: www.wccc.wellesley.edu

Who are the executives of Wellesley Community Childrens Center Inc and what are their salaries?

The average compensation at Wellesley Community Childrens Center Inc during 2022 was $39,676. There are 88 employees at Wellesley Community Childrens Center Inc.


Here are 16 key members and their salaries:


Carolyn Stolov (Executive Di)
  • Compensation: $142,800
  • Related: $0
  • Other: $7,678
Darlene Howland (Director/Ecp)
  • Compensation: $116,065
  • Related: $0
  • Other: $6,547
Daniel Finucane (Director/Tea)
  • Compensation: $58,758
  • Related: $0
  • Other: $8,647
Jenna Shuldman (Director/Tea)
  • Compensation: $56,695
  • Related: $0
  • Other: $8,987
Karen Gaudette (Director/Asp)
  • Compensation: $25,783
  • Related: $0
  • Other: $2,464
Brian Beale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariana Vinacur Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Fudeman (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Gleason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Harvey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Summer Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Jurgensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Miles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Mcconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Occhialini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Stanhouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wccc.wellesley.edu

Where can I find the form 990 for Wellesley Community Childrens Center Inc?

Wellesley Community Childrens Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wccc.wellesley.edu

Learn more at the official website: www.wccc.wellesley.edu

Mission Statement of Wellesley Community Childrens Center Inc

Wellesley Community Children's Center, established in 1971, is committed to providing high-quality education and child care programs and services. The organization's mission is centered around ensuring the growth and development of children from infancy through middle school. Initially, they started by enrolling preschoolers and kindergartners, but their reach has expanded significantly over the years, now serving over 400 children under their Early Childhood and After School Programs. The Wellesley Community Children's Center is dedicated to fostering a nurturing environment where children can thrive, learn, and grow, providing them with the necessary tools and support to navigate their formative years.

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Impact




July, 2024

Wellesley Community Children's Center Inc's impact is significant in providing quality education and child care programs and services to over 400 children from infancy through middle school. Since its establishment in 1971, the center has been dedicated to enrolling preschoolers and kindergartners, expanding its offerings to include Early Childhood and After School Programs. Through their commitment to offering high-quality education and child care, Wellesley Community Children's Center has positively impacted the lives of numerous children and families in the community.




This information is meant to be a general summary of Wellesley Community Childrens Center Inc. 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.

Revenue
$5,199,380 (2022)
Expenses
$4,709,086 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,735
  • Program Service Revenue: $4,251,226
  • Gross Receipts: $5,530,144

Assets and Liabilities:

  • Total Assets: $2,849,660
  • Total Liabilities: $421,051
  • Net Assets: $2,428,609

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$4,234,616

APPLICATION FEES

Revenue

$12,090

REGISTRATION FEES

Revenue

$4,040

OTHER FEES

Revenue

$480

Organization Details

Founding Year

1971

Principal Officer

Carolyn Stolov

Main Address

106 CENTRAL STREET, WELLESLEY, MA, 024818203

NTEE Category

Code: P33Z - Human services

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