Overview
What is Wilmington Community Television Inc?
Wilmington Community Television Inc, located at 10 Waltham Street, Wilmington, Massachusetts, is a nonprofit organization that specializes in public television programs. Their mission encompasses providing both educational and charitable events for the local community. All of their activities and expenses are directly related to this purpose. With a team of 10 dedicated individuals, they aim to engage and educate their community through their programming.
Official website here: www.wctv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44% (Zero-Star out of Four Star Rating)
Wilmington Community Television Inc has received a low rating of 44%, reflecting significant concerns in its accountability and financial management. The organization demonstrates a commendable structure with full independent board member participation, but the overall score highlights critical areas needing improvement, particularly in financial transparency and policies.
The nonprofit has shown strengths in areas like having no material diversion of assets and maintaining proper board meeting minutes. However, it lacks essential policies, such as a conflict of interest and a whistleblower policy, which are crucial for governance and accountability. Additionally, the program expense ratio is notably low at 3.37%, indicating that a minimal portion of its expenses is directed toward its programs.
Overall, while Wilmington Community Television Inc has some solid governance elements in place, the absence of key policies and low financial ratios raise red flags. Potential donors and stakeholders should consider these factors when evaluating the organization’s effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Wilmington Community Television Inc legitimate?
Wilmington Community Television Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wilmington Community Television 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: $84,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,557
For more financial information, click here
Official website here: www.wctv.org
What is the mission statement of Wilmington Community Television Inc?
Wilmington Community Television Inc's mission is centered around providing public television programs and organizing educational and charitable events for the community. Their activities are primarily focused on serving the community, with all expenses related to these services. Their mission aims to enrich the community by offering educational and charitable initiatives through television programming.
Official website here: www.wctv.org
What is the revenue of Wilmington Community Television Inc?
Wilmington Community Television Inc's revenue in 2024 was $586,637.
Official website here: www.wctv.org
Who are the executives of Wilmington Community Television Inc and what are their salaries?
The average compensation at Wilmington Community Television Inc during 2024 was $77,059. There are 5 employees at Wilmington Community Television Inc.
Here are 9 key members and their salaries:
- Compensation: $84,740
- Related: $0
- Other: $0
- Compensation: $74,692
- Related: $0
- Other: $0
- Compensation: $59,115
- Related: $0
- Other: $0
- Compensation: $57,058
- Related: $0
- Other: $0
- Compensation: $23,233
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wctv.org
Where can I find the form 990 for Wilmington Community Television Inc?
Wilmington Community Television Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wctv.org
Learn more at the official website: www.wctv.org
Mission Statement of Wilmington Community Television Inc
Wilmington Community Television Inc, as a nonprofit organization, is dedicated to providing public television programs and hosting educational and charitable events for the community. Its mission is centered around broadcasting content that enriches the community, promoting learning and entertainment for its members. The organization's activities are primarily focused on creating and distributing programming that serves a public service purpose. All expenses associated with these activities are directly related to this mission, ensuring that the community derives maximum benefit from its offerings.
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Impact
July, 2024
Wilmington Community Television Inc plays a crucial role in the community by providing public television programs that offer educational and charitable events. Their impact is seen in the way they bring the community together through informative and engaging content that serves the public interest. Through their dedication to creating programming that enriches the lives of residents, they are able to promote arts, education, and community engagement in Wilmington, MA.
This information is meant to be a general summary of Wilmington Community Television 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $5,384
- Program Service Revenue: $117,064
- Gross Receipts: $586,637
Assets and Liabilities:
- Total Assets: $998,169
- Total Liabilities: $32,353
- Net Assets: $965,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACCESS EQUIPMENT FEES
Revenue
$71,000
PROGRAM SPONSORSHIP
Revenue
$30,034
YOUTH EDUCATION PROGRAMS
Revenue
$6,638
PRODUCTION SERVICES
Revenue
$9,342
PROGRAM DUPLICATIONS/DIGITIZING
Revenue
$50
Organization Details
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