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Watertown Community Foundation Inc

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

EIN: 300229398 ✦ Watertown, MA ✦ Designated as a 501(c)(3)

Overview

What is Watertown Community Foundation Inc?

Watertown Community Foundation Inc is a nonprofit organization established in 2003, with a primary mission to support educational and other non-profit organizations in Watertown, Massachusetts. Their purpose extends beyond financial aid, aiming to foster a close-knit community by fostering connections, respect, and mutual support among its diverse residents. By offering philanthropic support for the current and future needs of the community, the Foundation plays a significant role in enriching the lives of Watertown's inhabitants. With a small team of one dedicated individual, the Foundation represents a commitment to enhancing the social fabric of Watertown.


Official website here: www.watertownfoundation.org

Is Watertown Community Foundation Inc legitimate?

Watertown Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watertown Community Foundation 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: $90,363
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.watertownfoundation.org

What is the mission statement of Watertown Community Foundation Inc?

The Watertown Community Foundation Inc's mission is centered around promoting a cohesive community. It strives to foster connections, respect, and mutual support among its diverse residents. The foundation provides philanthropic support to meet both current and future needs within the community. Established in December 2003, the foundation has been organized to support educational and various non-profit organizations in its operations. It aims to strengthen the community by providing financial assistance for its betterment.


Official website here: www.watertownfoundation.org

Who is the CEO of Watertown Community Foundation Inc?

Lauren Coughlin Unsworth is the President of Watertown Community Foundation Inc.


Official website here: www.watertownfoundation.org

What is the revenue of Watertown Community Foundation Inc?

Watertown Community Foundation Inc's revenue in 2022 was $682,820.


Official website here: www.watertownfoundation.org

Who are the executives of Watertown Community Foundation Inc and what are their salaries?

The average compensation at Watertown Community Foundation Inc during 2022 was $90,363. There are 1 employees and 250 volunteers at Watertown Community Foundation Inc.

Here are 21 key members and their salaries:

    Jan Singer (Executive Director)
  • Compensation: $93,959
  • Related: $0
  • Other: $0

    • David Siegel (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ann Mulligan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Hsu-Balzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Barclay (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn White (Co-Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felicia Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albrik Avanessian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eleanor Donato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Leary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Panaggio-Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Paolillo (Treasurer/Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lora Sabin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Shay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaina Themistos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Unsworth (Co-Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Davis (Co-Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonia O'Hara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis Teixeira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Tuccinardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.watertownfoundation.org

    Where can I find the form 990 for Watertown Community Foundation Inc?

    The Watertown Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.watertownfoundation.org

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

    Mission Statement of Watertown Community Foundation Inc

    Watertown Community Foundation Inc, established in 2003, is dedicated to fostering a cohesive and supportive community among its diverse residents. Their mission is to provide philanthropic support for the current and future needs of this community. The foundation focuses on backing educational and other non-profit organizations, aiming to strengthen the bonds within Watertown and promote mutual respect among its residents. By supporting these organizations, Watertown Community Foundation Inc contributes to the overall well-being and development of the community, ultimately helping it thrive.

    Impact

    This information is meant to be a general summary of Watertown Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Watertown Community Foundation Inc promotes a strong, close-knit community in Watertown by fostering connections, respect, and mutual support among its diverse residents. The foundation provides philanthropic support for the current and future needs of the community, focusing on educational activities and supporting other non-profit organizations in the town. Since its establishment in 2003, the foundation has played a crucial role in enhancing the quality of life for residents of Watertown, Massachusetts, through its dedication to philanthropy and community building.





    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: $63,170
  • Program Service Revenue: $0
  • Gross Receipts: $764,832

    • Assets and Liabilities:
  • Total Assets: $2,214,408
  • Total Liabilities: $169,973
  • Net Assets: $2,044,435
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Lauren Coughlin Unsworth

    Main Address

    PO BOX 334, WATERTOWN, MA, 02471

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Watertown Community Foundation 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.