Overview
What is Weirton Transit Corporation?
Weirton Transit Corporation, located in Weirton, West Virginia (WV), is a nonprofit organization dedicated to serving the local community by operating a public transportation system. The corporation's primary mission is to provide affordable and high-quality transportation services to residents within the Greater Weirton area. With an average daily ridership exceeding 100 passengers in Weirton, the corporation plays a significant role in connecting people within the community. The organization employs a team of 22 individuals, ensuring its operations run smoothly and effectively.
Official website here: www.weirtontransit.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Weirton Transit Corporation has achieved a high score of 90%, which signifies strong performance in accountability and finance-related practices. The organization notably has a fully independent board, ensuring that governance is free from potential conflicts of interest, which is an important indicator of transparency. Furthermore, the financial oversight is demonstrated through a well-functioning audit and oversight committee, and a favorable liabilities to assets ratio suggests sound fiscal management.
However, there are a few areas that could be improved. The nonprofit lacks a conflict of interest policy and does not publish its board meeting minutes, which detracts from its overall transparency. Additionally, the absence of its tax form on the nonprofit's website could limit public access to important financial information, raising questions about its commitment to open communication with stakeholders. Despite these limitations, the high program expense ratio shows that a significant portion of funds is being directed towards programs rather than administrative costs.
This AI summary has been generated from information found on Charity Navigator.
Is Weirton Transit Corporation legitimate?
Weirton Transit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weirton Transit 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: $42,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.weirtontransit.com
What is the mission statement of Weirton Transit Corporation?
The Weirton Transit Corporation's mission is focused on providing high-quality and affordable public transportation services to the community. They strive to cater to the transportation needs of citizens and residents residing in the wider area. Their primary activity involves operating a public transportation system, serving the city of Weirton, West Virginia, and its surrounding region. On average, they serve over 100 passengers daily within the Weirton area.
Official website here: www.weirtontransit.com
Who is the CEO of Weirton Transit Corporation?
Flora Perrone is the Treasurer of Weirton Transit Corporation.
Official website here: www.weirtontransit.com
What is the revenue of Weirton Transit Corporation?
Weirton Transit Corporation's revenue in 2022 was $793,315.
Official website here: www.weirtontransit.com
Who are the executives of Weirton Transit Corporation and what are their salaries?
The average compensation at Weirton Transit Corporation during 2022 was $1,932. There are 22 employees at Weirton Transit Corporation.
Here are 9 key members and their salaries:
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- Compensation: $36,519
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Official website here: www.weirtontransit.com
Where can I find the form 990 for Weirton Transit Corporation?
Weirton Transit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weirtontransit.com
Learn more at the official website: www.weirtontransit.com
Mission Statement of Weirton Transit Corporation
Weirton Transit Corporation, a notable entity, is committed to delivering high-quality and affordable public transportation services to the community residing in the broader Weirton area. Their primary mission is to cater to the transportation needs of the citizens and residents, ensuring they have a reliable and cost-effective means of travel. The organization operates a public transportation system that extends beyond Weirton, serving the immediate surrounding area as well. Daily, over 100 passengers take advantage of Weirton Transit Corporation's services in the Weirton area, demonstrating the organization's significant impact on the community's mobility.
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Impact
July, 2024
Weirton Transit Corporation plays a vital role in enhancing the accessibility and mobility of the residents in the Greater Weirton area. By operating a public transportation system that services Weirton, WV, and the surrounding areas, Weirton Transit Corporation facilitates more than 100 passengers daily. This impact extends beyond mere transportation, as it enables individuals to access essential services, employment opportunities, and enhances community connectivity. Overall, Weirton Transit Corporation contributes significantly to improving the quality of life for the citizens of the Greater Weirton area by providing affordable and reliable public transportation services.
This information is meant to be a general summary of Weirton Transit 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: $41
- Program Service Revenue: $67,941
- Gross Receipts: $793,315
Assets and Liabilities:
- Total Assets: $644,347
- Total Liabilities: $201,887
- Net Assets: $442,460
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PASSENGER FEES
Revenue
$45,280
CONTRACTED SERVICES
Revenue
$22,661
Organization Details
Founding Year
1989
Phone
(304) 797-8597Principal Officer
Flora Perrone
Main Address
200 MUNICIPAL PLAZA, WEIRTON, WV, 26062
Website
www.weirtontransit.comNTEE Category
Code: W40Z - Public benefit
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