Overview
What is Cw Mars Inc?
Cw Mars Inc, located at 67 Millbrook Street, Worcester, MA 01606, is a nonprofit organization primarily dedicated to supporting a network of libraries in Central and Western Massachusetts. This network shares automated resources, facilitating tasks such as resource sharing, circulation control, public access catalog, acquisition control, internet access, and database access. The organization's primary mission is to maintain and strengthen this collaborative network, enhancing the collective resources and services available to the community. With a team of 17 dedicated individuals, Cw Mars Inc plays a crucial role in enriching the library services offered to its member libraries and the wider community.
Official website here: www.cwmars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Cw Mars Inc has achieved a high level of accountability and finance, reflected in its impressive 96% rating from Charity Navigator. This score highlights the organization's commitment to transparency and responsible financial management, as it is derived entirely from a single beacon score focusing on financial practices. A significant accomplishment is its 100% rating in the Accountability & Finance category, indicating a strong foundation for trust among donors and stakeholders.
The organization boasts an independent board with 88% of its members being independent, which contributes to its governance strength. Additionally, it has comprehensive financial oversight mechanisms in place, with an Audit and Oversight Committee that scored a perfect 15 out of 15 points. These attributes showcase the nonprofit's robust governance practices and dedication to ethical standards.
While Cw Mars Inc has excelled in various areas, the summary does not indicate any limitations or areas for improvement. Its focus on high program expenses, with 84.15% of its budget allocated to programs, further demonstrates its commitment to maximizing impact. Overall, the organization stands out as a reliable and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Cw Mars Inc legitimate?
Cw Mars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cw Mars 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: $108,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $865,358
For more financial information, click here
Official website here: www.cwmars.org
What is the mission statement of Cw Mars Inc?
Cw Mars Inc, as an organization, is primarily focused on maintaining and supporting a network of libraries in central and western Massachusetts. This network shares their automated resources. The organization's mission is to provide library services to its member libraries. These services include resource sharing, circulation control, public access catalog, acquisition control, internet access, and access to databases, among others. The primary goal is to facilitate the smooth operation and information exchange within the library network.
Official website here: www.cwmars.org
Who is the CEO of Cw Mars Inc?
Jeanette Lundgren is the Director of Cw Mars Inc.
Official website here: www.cwmars.org
What is the revenue of Cw Mars Inc?
Cw Mars Inc's revenue in 2022 was $3,516,194.
Official website here: www.cwmars.org
Who are the executives of Cw Mars Inc and what are their salaries?
The average compensation at Cw Mars Inc during 2022 was $57,265. There are 17 employees at Cw Mars Inc.
Here are 11 key members and their salaries:
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Official website here: www.cwmars.org
Where can I find the form 990 for Cw Mars Inc?
Cw Mars Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cwmars.org
Learn more at the official website: www.cwmars.org
Mission Statement of Cw Mars Inc
Cw Mars Inc, a nonprofit organization, is dedicated to maintaining and supporting a network of libraries in central and western Massachusetts. Their primary mission is to facilitate resource sharing among these libraries. By doing so, they ensure that each library has access to a wider range of resources, ultimately enhancing the services they can provide to their communities. Cw Mars Inc plays an essential role in this network by providing various library services, such as resource sharing, circulation control, public access catalog, acquisition control, and internet access, among others. Additionally, they offer access to databases, thereby enriching the information available to library patrons. By supporting this network, Cw Mars Inc contributes to the overall enhancement of library services in the designated regions.
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Impact
October, 2024
Cw Mars Inc plays a vital role in enhancing library services across central and western Massachusetts. By providing essential resources such as circulation control, public access catalogs, and acquisition support, the organization fosters collaboration among member libraries. This interconnected network maximizes efficiency, enabling libraries to share resources and expand access to a broader array of materials for their communities. Additionally, Cw Mars Inc facilitates internet access and database resources, enriching the educational landscape and ensuring that library patrons have the necessary tools for learning and research. Through these initiatives, the organization significantly contributes to the development and sustainability of local library systems, ultimately benefiting the residents of Worcester and the surrounding regions.
This information is meant to be a general summary of Cw Mars 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 2022.
- Investment Income: $46,150
- Program Service Revenue: $2,403,251
- Gross Receipts: $3,638,448
Assets and Liabilities:
- Total Assets: $3,743,677
- Total Liabilities: $364,836
- Net Assets: $3,378,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES-MEMBER LIBRARIES
Revenue
$2,403,251
Organization Details
Founding Year
1984
Phone
(508) 755-3323Principal Officer
Jeanette Lundgren
Main Address
67 MILLBROOK STREET, WORCESTER, MA, 01606
Website
www.cwmars.orgNTEE Category
Code: B70 - Education
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