Overview
What is Wireless Research Center Of North Carolina?
The Wireless Research Center of North Carolina, abbreviated as WRC, is an independent, nonprofit research organization situated in Wake Forest, North Carolina. With a focus on applied research and engineering, the center assists clients globally in overcoming challenges in wireless communication. Situated in the Research Triangle region, the WRC acts as a bridge between companies, industry groups, academic institutions, and other research organizations, fostering collaboration that drives advancements in wireless technology innovation. WRC Technologies, a subsidiary of the center, offers unique engineering and testing capabilities, providing solutions to emerging wireless communication challenges. The center employs 31 individuals, emphasizing its commitment to contributing to the global wireless communication sector.
Official website here: www.wrc-nc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Wireless Research Center of North Carolina has received an 81% rating from Charity Navigator, which indicates a solid performance in accountability and finance. The organization is notable for having a fully independent board, with all eight members meeting the criteria, and it has achieved a high score in its financial oversight measures. This strong governance structure is reflected in their thorough financial statements and policies, which are all properly documented and transparent.
The organization shows a commendable program expense ratio of 72.87%, suggesting that a significant portion of its spending is directed towards its programs rather than administrative costs. This efficiency indicates a commitment to maximizing the impact of its services. Furthermore, the charity has robust policies in place for conflict of interest and whistleblower protections, further enhancing its credibility and accountability.
However, while the overall rating is positive, potential donors may want to look for additional information regarding their specific programs and impact metrics beyond financial accountability, as those elements are not detailed in the score summary. This could provide a more comprehensive picture of the organization’s effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Wireless Research Center Of North Carolina legitimate?
Wireless Research Center Of North Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wireless Research Center Of North Carolina 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: $201,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,392,813
For more financial information, click here
Official website here: www.wrc-nc.org
What is the mission statement of Wireless Research Center Of North Carolina?
The Wireless Research Center, being an independent, private nonprofit organization, is committed to conducting applied research and engineering. Its primary goal is to assist clients globally in developing innovative wireless technology products and services. The center promotes collaboration among various entities, including companies, industry groups, academic institutions, and other research organizations, fostering a global network for wireless technology advancement.
Official website here: www.wrc-nc.org
Who is the CEO of Wireless Research Center Of North Carolina?
Gerard Hayes is the President of Wireless Research Center Of North Carolina.
Official website here: www.wrc-nc.org
What is the revenue of Wireless Research Center Of North Carolina?
Wireless Research Center Of North Carolina's revenue in 2022 was $4,294,813.
Official website here: www.wrc-nc.org
Who are the executives of Wireless Research Center Of North Carolina and what are their salaries?
The average compensation at Wireless Research Center Of North Carolina during 2022 was $83,695. There are 31 employees and 5 volunteers at Wireless Research Center Of North Carolina.
Here are 6 key members and their salaries:
- Compensation: $226,920
- Related: $0
- Other: $45,561
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wrc-nc.org
Where can I find the form 990 for Wireless Research Center Of North Carolina?
Wireless Research Center Of North Carolina's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wrc-nc.org
Learn more at the official website: www.wrc-nc.org
Mission Statement of Wireless Research Center Of North Carolina
The Wireless Research Center, a distinguished independent and private nonprofit organization, is committed to driving advancements in wireless technology innovation. Situated in a research-focused region, this center serves as a global hub for applied research and engineering. By fostering collaboration among companies, industry groups, academic institutions, and other research organizations, the Wireless Research Center empowers clients worldwide to develop cutting-edge products and services in the wireless technology sector. The center's mission is to promote innovation and contribute to the global wireless technology landscape, ultimately driving progress and development in this critical field.
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Impact
October, 2024
The Wireless Research Center of North Carolina profoundly impacts the realm of wireless technology innovation through its applied research and engineering efforts. Situated in the Research Triangle region, the center collaborates with clients globally to navigate the complexities of developing advanced wireless products and services. By providing unique engineering and testing capabilities, the center aids organizations in addressing emerging challenges within wireless communication.
The WRC promotes collaboration, fostering synergies among industry players, academic institutions, and other research organizations. This network not only accelerates innovation but also enhances the overall technological landscape. Through its commitment to facilitating advancement in wireless technology, the Wireless Research Center supports the evolution of communication systems that are crucial for various sectors, paving the way for breakthroughs that impact everyday life and industry efficiency.
This information is meant to be a general summary of Wireless Research Center Of North Carolina. 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.
- Program Service Revenue: $2,792,888
- Gross Receipts: $4,294,813
Assets and Liabilities:
- Total Assets: $1,485,451
- Total Liabilities: $2,024,709
- Net Assets: -$539,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Engineering
Revenue
$1,819,811
Testing
Revenue
$296,169
RiOT
Revenue
$515,978
Other
Revenue
$160,930
Organization Details
Founding Year
2010
Phone
(919) 900-0603Principal Officer
Gerard Hayes
Main Address
3331 Heritage Trade Drive Suite 101, Wake Forest, NC, 27587
Website
www.wrc-nc.orgNTEE Category
Code: U40 - Science research
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