Watch Inc

Watch Cdc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222918528 ✦ Waltham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Watch Inc?

Watch Inc, operating under the name WATCH CDC, is a nonprofit organization situated in Waltham, Massachusetts. Their primary focus is to foster a more equitable community by advocating for affordable housing, providing adult education and leadership development, and empowering underrepresented residents through civic engagement. In addition to this, they offer a range of support services to help local residents, including assistance with public housing applications, online housing searches, eviction processes, and emergency housing. They also provide non-housing-related aid such as utility and financial assistance applications and referrals for healthcare, legal aid, and immigration assistance. WATCH CDC collaborates with Waltham Public Schools and other social service agencies to support families at risk of homelessness and holds monthly inter-agency meetings to ensure coordinated support. Their Tenant Assistance Fund has provided significant financial aid to Waltham residents, preventing utility shut-offs, restoring heat and electricity, offering emergency shelter, and providing back-to-work grants. With a staff of 12 individuals, WATCH CDC is dedicated to making a positive impact in the Waltham area.


Official website here: www.watchcdc.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Watch Inc has received a commendable four-star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a robust governance structure, with a fully independent board and an impressive financial oversight mechanism. Essential policies such as conflict of interest and whistleblower protections are in place, highlighting their commitment to transparency and ethical operations.

User feedback from Great Nonprofits underscores the positive impact of Watch Inc within the Waltham community. Volunteers express high satisfaction with their involvement in programs like the English Language tutoring, which not only fosters language skills but also enriches cultural understanding. The organization also offers additional services such as low-cost English classes and a housing clinic, reinforcing its role as a vital resource for local residents.

While the ratings and reviews are overwhelmingly positive, there is limited information on specific long-term outcomes or challenges the organization may face. However, the enthusiasm of volunteers and the strong financial health of Watch Inc suggest that it is well-positioned to continue its important work in the community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Watch Inc?

Three users have shared their thoughts about Watch Inc on Facebook, focusing on the organization's service and community guidance. All reviewers indicated that they would recommend the nonprofit.

The feedback highlights a strong appreciation for the support and orientation provided by the organization, suggesting that it plays a valuable role in assisting the community.

Overall, although the number of reviews is limited, the sentiment appears positive, indicating that Watch Inc effectively meets the needs of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Watch Inc legitimate?

Watch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watch 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: $611,361

For more financial information, click here


Official website here: www.watchcdc.org

What is the mission statement of Watch Inc?

Watch Inc, through its Community Development Corporation (CDC), works towards fostering a more equitable community. They achieve this by promoting affordable housing, offering adult education and leadership development, and empowering underrepresented residents through civic engagement. Their housing programs include property management of affordable rental housing, tenant support services, and assistance in applying for benefits and finding emergency housing. Beyond housing, they provide support in utilities and financial assistance, health care, legal aid, and immigration assistance. They collaborate with local schools and other social service agencies to identify and assist families at risk of homelessness. The Tenant Assistance Fund has provided over $225,000 in direct assistance grants to prevent rent arrears, utility shut-offs, and provide emergency shelter.


Official website here: www.watchcdc.org

Who is the CEO of Watch Inc?

Daria Gere is the Principal Officer of Watch Inc.


Official website here: www.watchcdc.org

What is the revenue of Watch Inc?

Watch Inc's revenue in 2022 was $1,037,365.


Official website here: www.watchcdc.org

Who are the executives of Watch Inc and what are their salaries?

The average compensation at Watch Inc during 2022 was $50,947. There are 12 employees and 150 volunteers at Watch Inc.


Here are 13 key members and their salaries:


Caroline Coste (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulette Jenner (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiara Cordona (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Kateregga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ava Shusterman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Acevedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saber Girgis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Rabinoff-Goldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nehemie Bernard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Walden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Silva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar Revolorio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Timoteo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.watchcdc.org

Where can I find the form 990 for Watch Inc?

Watch Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.watchcdc.org

Learn more at the official website: www.watchcdc.org

Mission Statement of Watch Inc

Watch Inc, a nonprofit organization, strives towards establishing a more equitable community. Their mission is multifaceted, encompassing the promotion of affordable housing, the provision of adult education and leadership development, and the empowerment of underrepresented residents through civic engagement. This nonprofit seeks to uplift its community by ensuring that housing is accessible and affordable, offering educational opportunities and fostering community involvement among marginalized groups.

In pursuit of its mission, Watch Inc provides housing programs that include the management of affordable rental properties. They offer tenant support services, such as assisting individuals with public housing applications, conducting online housing searches, aiding during eviction processes, and securing emergency housing or rental assistance funds. Beyond housing, Watch Inc extends its support to non-housing related needs, including helping residents apply for utility and financial assistance, food stamps, and offering referrals for healthcare, legal aid, and immigration assistance.

Moreover, Watch Inc collaborates with local schools to identify and assist families at risk of homelessness, particularly those with school-aged children. They also coordinate with other social service agencies, holding monthly inter-agency meetings to ensure that basic needs are met. The Tenant Assistance Fund, a key initiative of Watch Inc, has directly aided Waltham residents by providing over $225,000 in grants for rent arrears, preventing utility shut-offs, restoring heat and electricity, offering emergency shelter, and providing $500 back-to-work grants to reduce employment barriers.

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Impact




October, 2024

Watch Inc significantly impacts the Waltham area by addressing critical issues related to housing affordability and community engagement. With a focus on promoting affordable housing, the organization provides essential support services that stabilize rental situations for residents facing challenges. This includes property management and direct tenant support, such as free, walk-in assistance for public housing applications, eviction support, emergency housing solutions, and rental assistance funds.

In addition to housing-related services, Watch Inc offers a broader range of support to ensure the well-being of community members. This includes help with applying for public benefits like utility assistance and food stamps, as well as referrals for healthcare and legal aid. By collaborating with local schools and social service agencies, Watch Inc helps identify families at risk of homelessness and coordinates resources to help meet their needs.

The organization's Tenant Assistance Fund has played a crucial role, providing over $225,000 in direct grants to assist residents with rent arrears, utility payments, emergency shelter, and job reintegration efforts. Through these initiatives, Watch Inc fosters a more just community by empowering underrepresented residents and promoting civic engagement, ultimately contributing to a more stable and supportive environment for all in Waltham.




This information is meant to be a general summary of Watch 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.

Revenue
$1,037,365 (2022)
Expenses
$1,179,879 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $547
  • Program Service Revenue: $20,947
  • Gross Receipts: $1,037,365

Assets and Liabilities:

  • Total Assets: $793,587
  • Total Liabilities: $78,538
  • Net Assets: $715,049

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$12,947

PROGRAM CLASS FEES

Revenue

$8,000

Organization Details

Founding Year

1988

Principal Officer

Daria Gere

Main Address

24 CRESCENT STREET 201, WALTHAM, MA, 02453

NTEE Category

Code: L01 - Housing

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