Wayland Depot Inc

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

EIN: 042712602 ✦ Wayland, MA ✦ Designated as a 501(c)(3)

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Overview

What is Wayland Depot Inc?

Wayland Depot Inc is a nonprofit organization situated in Wayland, Massachusetts. Its primary activity involves operating as a gift shop, with the primary objective of making grants to local community organizations within the Wayland area. The nonprofit focuses on providing financial support to various not-for-profit entities operating in the community, thereby contributing to the betterment of the local community. The organization's mission is centered around utilizing the revenue generated from the gift shop to offer financial aid to eligible community organizations in Wayland, MA.

Is Wayland Depot Inc legitimate?

Wayland Depot Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayland Depot Inc submitted a form 990EZ, 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.

What is the mission statement of Wayland Depot Inc?

Wayland Depot Inc, as a non-profit organization, is committed to making grants to support community organizations within its local area. Its mission is centered around providing financial assistance to not-for-profit entities, specifically in Wayland, Massachusetts. This philanthropic approach aims to contribute to the betterment and growth of the community. The organization's activities primarily involve distributing funds to eligible organizations that align with its mission.

Who is the CEO of Wayland Depot Inc?

Linda Hanifin is the President of Wayland Depot Inc.

What is the revenue of Wayland Depot Inc?

Wayland Depot Inc's revenue in 2022 was $23,477.

Who are the executives of Wayland Depot Inc and what are their salaries?


Here are 3 key members and their salaries:


Linda Hanifin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Stack (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margery Baston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Wayland Depot Inc?

Wayland Depot Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Wayland Depot Inc

Wayland Depot Inc, as a nonprofit organization, is dedicated to making grants to community-based not-for-profits located in the Wayland, Massachusetts area. Their mission, in simple terms, revolves around providing financial assistance to local charitable organizations. This philanthropic endeavor aims to enhance the overall well-being and development of the Wayland community by supporting various nonprofit initiatives. By extending grants, Wayland Depot Inc plays a significant role in empowering these organizations to carry out their respective missions and contribute positively to the community.

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Impact




August, 2024

Wayland Depot Inc's impact is primarily focused on supporting the community through grants to various not-for-profit organizations in the Wayland, MA area. The organization operates a gift shop that generates funds used for these grants, benefiting local community organizations in need. By providing financial assistance to these groups, Wayland Depot Inc contributes to the betterment of the Wayland community and helps support important causes in the region.




This information is meant to be a general summary of Wayland Depot 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
$23,477 (2022)
Expenses
$21,441 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $54,230

Assets and Liabilities:

  • Total Assets: $27,474
  • Total Liabilities: $0
  • Net Assets: $27,474

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Organization Details

Principal Officer

Linda Hanifin

Main Address

One Cochituate Road, Wayland, MA, 01778

NTEE Category

Code: A90 - Arts

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