Willinet Inc
- Assets
- $272.0k
- Revenue
- $252.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Williamstown, MA
- Founding
- 11/1995
- Data as of
- 06/2021
- EIN
- 04-3253056
Organization Overview
Willinet Inc is located in Williamstown, MA. The organization was established in 1995. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Willinet Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willinet Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Willinet Inc generated $252.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $165.2k during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE CITIZENS OF WILLIAMSTOWN FREE ACCESS TO VIDEO TECHNOLOGY AND TRAINING, AND TO SHOW TOWN GOVERNMENT PROCEEDINGS, SCHOOL COMMITTEE BUSINESS, COMMUNITY EVENTS AND LOCALLY CREATED AND SPONSORED PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC ACCESS TV STATION BROADCASTING TECHNICALLY CABLECASTING ON SPECTRUM CHANNELS IN THE TOWN OF WILLIAMSTOWN, MA. TO PROVIDE THE CITIZENS OF WILLIAMSTOWN FREE ACCESS TO VIDEO TECHNOLOGY TRAINING, TO SHOW TOWN GOVERNMENT PROCEEDINGS, SCHOOL COMMITTEE BUSINESS, COMMUNITY EVENTS AND TO DISTRIBUTE LOCALLY CREATED SPONSORED PROGRAMMING. WILLINET SERVES AS A AVENUE OF FREE SPEECH FOR THE PEOPLE OF WILLIAMSTOWN TO COMMUNICATE, EDUCATE, AND ENTERTAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marge Chamberlain Co-President | OfficerTrustee | $0 | |
Elinor Goodwin Co-President | OfficerTrustee | $0 | |
Lynn Chick Secretary | OfficerTrustee | $0 | |
Chris Karampatsos Treasurer | OfficerTrustee | $0 | |
Deborah Dane Executive Director | Officer | 40 | $0 |
David Lachman Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,772 |
| Investment income | $142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$898 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,357 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,699 |
| Payroll taxes | $8,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $758 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,237 |
| Advertising and promotion | $757 |
| Office expenses | $1,944 |
| Information technology | $1,429 |
| Royalties | $0 |
| Occupancy | $8,302 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,083 |
| Insurance | $2,345 |
| All other expenses | $0 |
| Total functional expenses | $165,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,093 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,999 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,291 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,694 |
| Total assets | $272,011 |
| Accounts payable and accrued expenses | $21,501 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,501 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $250,510 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Willinet Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The@milton And Dorothy Sarnoff Raymond Foundation Williamstown, MA PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Minority Supplier Development Council Inc New York, NY | $14,151,024 | $19,123,388 |
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
Partnership Inc Boston, MA | $5,653,072 | $4,577,511 |
Multicultural Aids Coalition Inc Roxbury, MA | $1,116,469 | $3,034,089 |