Overview
What is Waltham Community Access Corporation?
Waltham Community Access Corporation is a nonprofit organization situated in Waltham, Massachusetts, specifically at 400 Main Street. Their primary focus is on offering cultural, educational, and recreational programs to the local community, free from paid advertising. The corporation plays a significant role in overseeing a public service television station that caters to the residential and business communities of Waltham, Massachusetts. With a modest workforce of eight employees, Waltham Community Access Corporation strives to enrich the lives of its community members through engaging and informative programming.
Official website here: www.wcac.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating).
Waltham Community Access Corporation has achieved a notable Four-Star rating, reflecting its high level of accountability and finance management. The organization's score is based entirely on strong financial metrics, indicating robust operational practices and transparency. The majority of its board members are independent, and it maintains comprehensive policies that cover conflict of interest, whistleblower protections, and document retention.
The organization excels in financial oversight, demonstrated by a perfect score in various metrics, including an independent board composition and thorough audit processes. Its program expense ratio shows that a significant portion of its resources is directed towards its mission-driven activities, which stands at 71.52%. This suggests that Waltham Community Access Corporation is effectively utilizing its funds to benefit the community it serves.
Although the data does not highlight specific programmatic achievements or community impact, the organization’s strong financial practices and governance suggest a stable foundation that likely supports its mission. Overall, the charity is positioned well in terms of financial health and organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Waltham Community Access Corporation legitimate?
Waltham Community Access Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waltham Community Access Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,246
For more financial information, click here
Official website here: www.wcac.org
What is the mission statement of Waltham Community Access Corporation?
The Waltham Community Access Corporation serves as the guiding force for a public service television station, providing leadership and oversight to cater to both residential and business communities. Their primary mission is to deliver a range of cultural, educational, and recreational programs, devoid of paid advertising, that benefit the community as a whole. The organization's activities are geared towards enhancing the quality of life for the local population. All programming offered by the corporation is solely for the benefit of the Waltham community.
Official website here: www.wcac.org
Who is the CEO of Waltham Community Access Corporation?
Justin Barrett is the Director of Waltham Community Access Corporation.
Official website here: www.wcac.org
What is the revenue of Waltham Community Access Corporation?
Waltham Community Access Corporation's revenue in 2022 was $1,222,925.
Official website here: www.wcac.org
Who are the executives of Waltham Community Access Corporation and what are their salaries?
The average compensation at Waltham Community Access Corporation during 2022 was $66,156. There are 8 employees at Waltham Community Access Corporation.
Here are 9 key members and their salaries:
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- Compensation: $116,800
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- Other: $15,022
Official website here: www.wcac.org
Where can I find the form 990 for Waltham Community Access Corporation?
Waltham Community Access Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wcac.org
Learn more at the official website: www.wcac.org
Mission Statement of Waltham Community Access Corporation
Waltham Community Access Corporation, a notable nonprofit organization, is dedicated to providing leadership and oversight for a public service television station. This station caters to the residential and business communities within its respective domain, without any paid advertising. The corporation's primary goal is to offer a variety of programs that are cultural, educational, and recreational in nature. These programs are designed exclusively for the benefit of the local community. The Waltham Community Access Corporation's initiatives aim to enrich the lives of its constituents, contributing positively to their cultural and educational growth, and providing opportunities for leisure and recreation.
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Impact
July, 2024
Waltham Community Access Corporation plays a significant role in providing cultural, educational, and recreational programming for the Waltham community. These programs are designed without any paid advertising, ensuring a focus on benefiting the residents and businesses of Waltham, Massachusetts. By offering a public service television station, Waltham Community Access Corporation contributes to the community's access to diverse and enriching content. Their commitment to leadership and oversight furthers their mission of serving the community through arts-related programming.
This information is meant to be a general summary of Waltham Community Access Corporation. 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 2022.
- Investment Income: $49
- Program Service Revenue: $1,178,415
- Gross Receipts: $1,222,925
Assets and Liabilities:
- Total Assets: $2,180,773
- Total Liabilities: $261,084
- Net Assets: $1,919,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,178,415
Organization Details
Founding Year
1985
Phone
(781) 899-8834Principal Officer
Justin Barrett
Main Address
400 MAIN STREET, WALTHAM, MA, 02451
Website
www.wcac.orgNTEE Category
Code: A32Z - Arts
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