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Ctsb Corp

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

EIN: 223106452 ✦ Lee, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ctsb Corp?

Ctsb Corp is a nonprofit organization situated in Lee, Massachusetts, specifically at 40 Limestone Road. Their primary mission is to foster, motivate, and promote community engagement in the creation of locally originated, non-commercial television and other media. They operate a local access cable television station, catering to their community's needs and interests. With a team of 11 dedicated individuals, they are committed to providing a platform for the community to express themselves and engage in meaningful dialogue.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (50%)

CTSB Corp has received a one-star rating from Charity Navigator, indicating a score of 50%. This rating reflects significant concerns regarding the organization's accountability and financial practices, particularly due to a complete lack of independent board members and missing governance policies. The absence of a website link on the tax form and essential documentation such as meeting minutes and a conflict of interest policy further contribute to the low score.

Despite these governance issues, CTSB Corp demonstrates a strong commitment to its programs, with a program expense ratio of 92.82%. This indicates that the vast majority of their expenditures are directed towards their mission rather than administrative costs. However, the lack of transparency and proper governance structures raises questions about the organization's overall management and accountability.

While the absence of material diversion of assets is a positive aspect, the myriad of missing policies and documentation points to potential areas for improvement. Stakeholders should be aware of these limitations when considering their support for CTSB Corp, as effective governance is crucial for the sustainability and credibility of any nonprofit organization.


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

Is Ctsb Corp legitimate?

Ctsb Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ctsb Corp 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: $250,419

For more financial information, click here

What is the mission statement of Ctsb Corp?

Ctsb Corp's mission is centered around promoting community involvement in the production of locally originated, non-commercial television and other media. They strive to facilitate and encourage this engagement, aiming to foster a strong sense of community through their local access cable television station. The organization's activities primarily focus on providing a platform for local content, fostering a sense of unity and engagement among the community members.

Who is the CEO of Ctsb Corp?

Mary Philpott is the President of Ctsb Corp.

What is the revenue of Ctsb Corp?

Ctsb Corp's revenue in 2022 was $496,328.

Who are the executives of Ctsb Corp and what are their salaries?

The average compensation at Ctsb Corp during 2022 was $22,765. There are 11 employees and 20 volunteers at Ctsb Corp.


Here are 10 key members and their salaries:


Laurie Freedman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Finley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Hillman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Philpott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia P'An (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Tepper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Allen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Saldarini (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Radin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ctsb Corp?

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

Mission Statement of Ctsb Corp

Ctsb Corp, a local access cable television station, is dedicated to facilitating, encouraging, and promoting community involvement in the production of locally originated, non-commercial television and other media. By operating this station, the organization aims to provide a platform for community members to express their voices and share their perspectives, fostering a sense of unity and engagement within the community. This mission is crucial in ensuring that local communities have a voice in the media landscape, promoting diverse and inclusive narratives.

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Impact




July, 2024

Ctsb Corp plays a significant role in the community by operating a local access cable television station in Lee, Massachusetts. Its mission is to facilitate, encourage, and promote community involvement in the production of locally-originated, non-commercial television and other media. By providing a platform for individuals to create and share content, Ctsb Corp contributes to the vibrant cultural landscape of the city, fostering creativity and artistic expression among residents. Its impact is evident in the diverse programming that reflects the unique perspectives and stories of the local community, making it a valuable resource for both residents and viewers alike.




This information is meant to be a general summary of Ctsb Corp. 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
$496,328 (2022)
Expenses
$455,505 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,980
  • Program Service Revenue: $13,723
  • Gross Receipts: $498,385

Assets and Liabilities:

  • Total Assets: $1,124,538
  • Total Liabilities: $0
  • Net Assets: $1,124,538

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Programs

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

Membership Dues & Assessments

Revenue

$2,039

PROGRAM SERVICES

Revenue

$11,684

Organization Details

Founding Year

1989

Principal Officer

Mary Philpott

Main Address

40 LIMESTONE ROAD, LEE, MA, 01238

NTEE Category

Code: A32Z - Arts

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