Overview
What is Williamstown Community Chest?
The Williamstown Community Chest is a compassionate nonprofit organization situated in Williamstown, Massachusetts. Their primary mission is to empower local human service organizations by mobilizing resources and distributing funds raised through their annual community campaign. This support extends to 18 different charities in the area, ensuring that resources are allocated to assist neighbors in need. Their goal is to strengthen the community as a whole by providing essential aid to various service organizations. The organization is managed by a small team of two dedicated individuals.
Official website here: www.williamstowncommunitychest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Williamstown Community Chest has received an overall rating of 83%, which reflects a strong performance in accountability and finance. This score is derived entirely from a single beacon focusing on these areas, demonstrating the organization's commitment to transparency and responsible management of resources. The charity has a good balance of independent board members, with a full score of 10 out of 10, indicating strong governance structures.
In terms of financial management, the organization shows a solid program expense ratio of 76.04%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the low liabilities to assets ratio of 0.13% indicates a healthy financial position, minimizing financial risk and enhancing sustainability.
However, the charity does have some limitations in its policies, specifically lacking a whistleblower policy and a document retention and destruction policy. These missing elements may impact overall governance practices, but the charity has performed well in key areas of accountability. Overall, the Williamstown Community Chest is recognized for its strong financial practices and commitment to community support.
This AI summary has been generated from information found on Charity Navigator.
Is Williamstown Community Chest legitimate?
Williamstown Community Chest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Williamstown Community Chest 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: $45,323
Professional Fundraising Fees: $4,013
Other Salaries and Wages: $21,740
For more financial information, click here
Official website here: www.williamstowncommunitychest.org
What is the mission statement of Williamstown Community Chest?
The Williamstown Community Chest strengthens communities by mobilizing resources for organizations that assist those in need. This is achieved through an annual fundraising campaign, where every contribution is distributed to local human service agencies. The mission of the Williamstown Community Chest is to provide one-time grants for emergency needs to 18 human service organizations, ensuring that resources reach those who require assistance most urgently. The organization's work is instrumental in supporting the community and its neighbors in times of need.
Official website here: www.williamstowncommunitychest.org
Who is the CEO of Williamstown Community Chest?
Matthew Carter is the Vice Preside of Williamstown Community Chest.
Official website here: www.williamstowncommunitychest.org
What is the revenue of Williamstown Community Chest?
Williamstown Community Chest's revenue in 2022 was $493,429.
Official website here: www.williamstowncommunitychest.org
Who are the executives of Williamstown Community Chest and what are their salaries?
The average compensation at Williamstown Community Chest during 2022 was $33,532. There are 2 employees and 40 volunteers at Williamstown Community Chest.
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Official website here: www.williamstowncommunitychest.org
Where can I find the form 990 for Williamstown Community Chest?
Williamstown Community Chest's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.williamstowncommunitychest.org
Learn more at the official website: www.williamstowncommunitychest.org
Mission Statement of Williamstown Community Chest
The Williamstown Community Chest is an organization committed to strengthening its community by mobilizing resources for local service organizations that assist those in need. Their mission is accomplished through an annual fundraising effort within the community, with every dollar contributed being distributed directly to 18 human service agencies. This nonprofit prioritizes making one-time grants for emergency needs, ensuring that the resources reach those who require immediate assistance. By supporting these organizations, the Williamstown Community Chest plays a crucial role in uplifting its community and addressing the needs of its neighbors in times of hardship.
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Impact
July, 2024
Williamstown Community Chest has a significant impact on the local community by mobilizing resources for organizations that assist neighbors in need. Through their annual fundraising campaign, 100% of the proceeds are distributed to support 18 local service organizations. This direct support ensures that essential human service agencies receive the necessary resources to address emergency needs and strengthen the community as a whole.
This information is meant to be a general summary of Williamstown Community Chest. 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: $120,316
- Gross Receipts: $824,249
Assets and Liabilities:
- Total Assets: $1,998,481
- Total Liabilities: $2,721
- Net Assets: $1,995,760
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Organization Details
Founding Year
1946
Phone
(413) 458-2443Principal Officer
Matthew Carter
Main Address
PO BOX 204, WILLIAMSTOWN, MA, 01267
NTEE Category
Code: T700 - Philanthropy
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