Overview
What is Weymouth Educational Telecommunications Corp Inc?
Weymouth Educational Telecommunications Corp Inc, often referred to as WETC, is a nonprofit organization based in Weymouth, Massachusetts. Their primary mission is to offer educational programs, television programming, and television facilities to the local community. By providing a local access cable station, Weymouth residents benefit from having access to educational content. Additionally, starting from January 1, 2005, WETC expanded their operations to include the management of public access and government access channels. They also offer training opportunities for students from Weymouth, MA in the use of television studios and the creation of educational programming, contributing positively to the local community. The organization currently has a staff of 7 individuals dedicated to fulfilling its mission.
Official website here: www.weymouth.tv
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Weymouth Educational Telecommunications Corp Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The overall score reflects a strong performance in several key areas, particularly in governance and financial management. The organization has a fully independent board, which is crucial for effective oversight, and it has demonstrated a low ratio of liabilities to assets, suggesting a stable financial position.
The nonprofit excels in its program expense ratio, with 96.02% of its expenditures going directly to programs. This high percentage indicates a strong commitment to fulfilling its mission and utilizing resources effectively. Additionally, the organization has positive metrics related to its financial statements and oversight practices, showcasing a well-managed operation.
However, there are some limitations noted in the governance practices. Specifically, the organization is missing key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. While these omissions are not uncommon, they highlight areas for improvement to enhance transparency and accountability within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Weymouth Educational Telecommunications Corp Inc legitimate?
Weymouth Educational Telecommunications Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weymouth Educational Telecommunications Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,161
For more financial information, click here
Official website here: www.weymouth.tv
What is the mission statement of Weymouth Educational Telecommunications Corp Inc?
Weymouth Educational Telecommunications Corp Inc's mission is centered around operating educational programs, television programming, and television facilities. The primary goal is to provide residents and students in a specific town with training in utilizing these facilities and educational channels, in relation to the town's cable system. As of January 1, 2005, the corporation expanded its operations to include the management of public access and government access channels. This non-profit organization aims to empower individuals with the skills needed to effectively navigate these resources, thereby enhancing their educational experiences.
Official website here: www.weymouth.tv
Who is the CEO of Weymouth Educational Telecommunications Corp Inc?
James Duffy is the Director of Weymouth Educational Telecommunications Corp Inc.
Official website here: www.weymouth.tv
What is the revenue of Weymouth Educational Telecommunications Corp Inc?
Weymouth Educational Telecommunications Corp Inc's revenue in 2023 was $955,953.
Official website here: www.weymouth.tv
Who are the executives of Weymouth Educational Telecommunications Corp Inc and what are their salaries?
The average compensation at Weymouth Educational Telecommunications Corp Inc during 2023 was $45,166. There are 7 employees at Weymouth Educational Telecommunications Corp Inc.
Here are 5 key members and their salaries:
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Official website here: www.weymouth.tv
Where can I find the form 990 for Weymouth Educational Telecommunications Corp Inc?
Weymouth Educational Telecommunications Corp Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.weymouth.tv
Learn more at the official website: www.weymouth.tv
Mission Statement of Weymouth Educational Telecommunications Corp Inc
Weymouth Educational Telecommunications Corp Inc, a nonprofit organization, is dedicated to serving its community by operating educational programs, television programming, and television facilities. Its primary objective is to provide the residents and students of a specific town with training in utilizing these television facilities and educational channels in conjunction with the local cable system. As of January 1, 2005, the corporation expanded its operations to include the management of public access and government access channels. This expansion allowed the organization to further enrich the educational and informational resources available to its community. By offering these services, Weymouth Educational Telecommunications Corp Inc seeks to empower its community members, fostering their growth and development through the medium of television.
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Impact
July, 2024
Weymouth Educational Telecommunications Corp Inc's impact lies in providing educational programs and television facilities to the residents and students of Weymouth, MA. By operating a local access cable station and offering training in television studios and educational programming creation, the organization contributes to the enrichment of the community. Additionally, their expansion to public access and government access channels further enhances communication and access to information within the town. This initiative enables residents to engage with diverse programming and fosters learning opportunities for students interested in media and television production.
This information is meant to be a general summary of Weymouth Educational Telecommunications Corp 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 2023.
- Investment Income: -$18,723
- Gross Receipts: $1,806,853
Assets and Liabilities:
- Total Assets: $1,477,173
- Total Liabilities: $147,594
- Net Assets: $1,329,579
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Organization Details
Founding Year
1996
Phone
(781) 331-3400Principal Officer
James Duffy
Main Address
775 PLEASANT STREET STE 12, WEYMOUTH, MA, 021892355
Website
www.weymouth.tvNTEE Category
Code: A30 - Arts
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