Overview
What is Wellesley Media Corporation?
Wellesley Media Corporation is an independent, non-profit organization situated in Wellesley, Massachusetts. Established with a mission to serve its local community, the corporation oversees the public access channels on the local cable television system. This mission translates into keeping Wellesley citizens informed about town civic, cultural, and community matters through two dedicated local cable channels. With a dedicated team of seven employees, Wellesley Media Corporation plays a significant role in fostering communication and engagement within its community.
Official website here: www.wellesleymedia.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Wellesley Media Corporation has received a solid score of 84%, reflecting a strong performance in accountability and finance. This rating is based entirely on one beacon score, which highlights the organization’s commitment to financial transparency and effective governance practices. The majority of its board members are independent, showcasing a robust governance structure.
The organization performed well in various areas, including having no material diversion of assets and a high program expense ratio of 91.16%. This indicates that a significant portion of their resources is directly allocated to their programs, which is a positive sign for potential donors looking for impactful organizations. Other strengths include the presence of an audit and oversight committee and the public availability of tax forms and board meeting minutes.
However, there are some noted limitations, such as the absence of conflict of interest and whistleblower policies, which could raise concerns about governance practices. While Wellesley Media Corporation demonstrates strong financial health, addressing these policy gaps may further enhance their credibility and accountability in the eyes of stakeholders. Overall, they exhibit a solid foundation, but there is room for improvement in governance policies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wellesley Media Corporation?
Currently, Wellesley Media Corporation has received limited feedback with only two reviews on Facebook. One of the reviewers highlighted their positive experience, mentioning that the team was "very responsive and helpful" and praised the quick turnaround for getting their advertisement up. The reviewer specifically appreciated working with James, indicating satisfaction with the interactions.
Despite the small number of reviews, the sentiment expressed is distinctly positive, suggesting that Wellesley Media Corporation provides effective service and support to its clients. Users seem to appreciate the promptness and assistance provided by the team, which bodes well for their reputation.
This AI summary has been generated from reviews found on Facebook.
Is Wellesley Media Corporation legitimate?
Wellesley Media Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellesley Media 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: $203,554
For more financial information, click here
Official website here: www.wellesleymedia.org/
What is the mission statement of Wellesley Media Corporation?
The Wellesley Media Corporation serves as an independent non-profit entity, committed to providing Wellesley residents with information on local civic, cultural, and community matters. It accomplishes this mission through two local cable channels, acting as the overseer and operator of these public access channels. The corporation's primary objective is to keep the community informed and engaged in the town's happenings.
Official website here: www.wellesleymedia.org/
Who is the CEO of Wellesley Media Corporation?
Mr Kenneth Baer is the President/Director of Wellesley Media Corporation.
Official website here: www.wellesleymedia.org/
What is the revenue of Wellesley Media Corporation?
Wellesley Media Corporation's revenue in 2022 was $559,898.
Official website here: www.wellesleymedia.org/
Who are the executives of Wellesley Media Corporation and what are their salaries?
The average compensation at Wellesley Media Corporation during 2022 was $29,079. There are 7 employees and 10 volunteers at Wellesley Media Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $92,915
- Related: $0
- Other: $32,753
Official website here: www.wellesleymedia.org/
Where can I find the form 990 for Wellesley Media Corporation?
Wellesley Media Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellesleymedia.org/
Learn more at the official website: www.wellesleymedia.org/
Mission Statement of Wellesley Media Corporation
Wellesley Media Corporation, as an independent non-profit organization, is committed to enlightening the citizens of Wellesley on town-related civic, cultural, and community matters. It achieves this mission by managing and overseeing two local cable channels, serving as a reliable source of information and fostering community engagement. The corporation's primary goal is to inform and engage the Wellesley community, ensuring they stay updated on the town's happenings and events.
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Impact
July, 2024
Wellesley Media Corporation's impact can be seen in its dedication to informing the citizens of Wellesley about town civic, cultural, and community matters through its operation of two local cable channels. By providing a platform for residents to stay updated and engaged with their community, Wellesley Media Corporation plays a crucial role in facilitating communication and fostering a sense of connection among the residents of Wellesley, Massachusetts. The organization's efforts contribute to an informed and interconnected community, ultimately enriching the civic life of Wellesley.
This information is meant to be a general summary of Wellesley Media 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: -$42,351
- Program Service Revenue: $602,249
- Gross Receipts: $559,898
Assets and Liabilities:
- Total Assets: $2,947,426
- Total Liabilities: $16,640
- Net Assets: $2,930,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
License fees
Revenue
$596,812
Organization Details
Founding Year
2002
Phone
(781) 239-1444Principal Officer
Mr Kenneth Baer
Main Address
310 Washington Street, Wellesley, MA, 02481
Website
www.wellesleymedia.org/NTEE Category
Code: B90 - Education
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