Watch Inc

Watch Cdc

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

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

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

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.

Here 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) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paulette Jenner (Co-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kiara Cordona (Treasurer) [Trustee/Director]
  • 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?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Watch Inc's impact is significant in the Waltham area. The organization actively works towards creating a more just community by promoting affordable housing, providing adult education and leadership development, and empowering underrepresented residents through civic engagement. Their housing programs, which include property management of affordable housing and tenant support services, have stabilized rental housing for many individuals and families. Watch Inc also offers crucial assistance with applying for public housing, emergency housing, rental assistance, and benefits such as utility and financial aid. Their efforts have prevented homelessness, restored essential services like heat and electricity, and provided grants to reduce barriers to employment. Overall, Watch Inc's work has made a tangible difference in the lives of Waltham residents, ensuring access to stable housing and essential support services.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    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
  • 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

    If you are a representative of Watch Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.