Overview
What is United Way Of Central Massachusetts Inc?
United Way of Central Massachusetts Inc is a dedicated nonprofit organization located at 484 Main Street No 300, Worcester, MA 01608. Their primary mission is to improve their community by focusing on three essential areas: education, family stability, and health. Through a rigorous evaluation process, they fund the highest quality programs that cater to these areas, ensuring maximum community impact. United Way of Central Massachusetts Inc also provides services to support individuals struggling to meet their basic needs due to vulnerabilities. During FY 2022, 100 funded programs served the community in one or more of these critical areas. With a workforce of 61 individuals, United Way of Central Massachusetts Inc plays a significant role in connecting people and resources to enhance their community.
Official website here: www.unitedwaycm.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
United Way of Central Massachusetts Inc has achieved a high level of recognition with a 98% rating from Charity Navigator, indicating strong performance in accountability and finance. The organization stands out with a perfect score of 100 in Accountability & Finance, showcasing transparency and effective governance, including a board composed entirely of independent members. Key financial metrics reflect a healthy financial structure, with a program expense ratio of 85.64%, demonstrating that the majority of funds are directed towards their mission.
In addition to its financial strengths, the organization scores well in Leadership & Adaptability, with a perfect score of 100. This highlights their commitment to development and responsiveness, particularly noted through initiatives like the five-part leadership equity workshop series focused on diversity, equity, and inclusion. Their ability to adapt during the COVID-19 crisis also showcases resilience and a proactive approach to community needs.
While the organization scores a commendable 81 in Culture & Community, indicating a positive workplace environment, there may be areas for continued focus and improvement in this domain. Overall, United Way of Central Massachusetts Inc exemplifies a well-managed nonprofit dedicated to its mission, with strong financial health and effective leadership practices.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Central Massachusetts Inc legitimate?
United Way Of Central Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Central Massachusetts 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $1,398,676
For more financial information, click here
Official website here: www.unitedwaycm.org
What is the mission statement of United Way Of Central Massachusetts Inc?
United Way of Central Massachusetts Inc's mission is to improve the community by connecting people and resources. Their community impact program is organized around three essential building blocks for a successful life: education, family stability, and health. The organization evaluates funding proposals, selects high-quality agency programs to fund, and monitors program results to ensure maximum community impact. During FY 2022, 100 funded programs provided services in one or more of these three components. Overall, United Way of Central Massachusetts Inc aims to enhance the well-being of individuals in the community by addressing their basic needs and fostering a stable living environment.
Official website here: www.unitedwaycm.org
Who is the CEO of United Way Of Central Massachusetts Inc?
Timothy J Garvin is the At-Large Board Member of United Way Of Central Massachusetts Inc. The CEO's salary of United Way Of Central Massachusetts Inc is $174,307 and their total compensation is $206,107.
Official website here: www.unitedwaycm.org
What is the revenue of United Way Of Central Massachusetts Inc?
United Way Of Central Massachusetts Inc's revenue in 2022 was $8,484,458.
Official website here: www.unitedwaycm.org
Who are the executives of United Way Of Central Massachusetts Inc and what are their salaries?
The average compensation at United Way Of Central Massachusetts Inc during 2022 was $22,929. There are 61 employees and 1144 volunteers at United Way Of Central Massachusetts Inc.
Here are 27 key members and their salaries (United Way Of Central Massachusetts Inc's CEO's salary is $174,307 and their total compensation is $206,107):
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- Other: $7,376
Official website here: www.unitedwaycm.org
Where can I find the form 990 for United Way Of Central Massachusetts Inc?
United Way Of Central Massachusetts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwaycm.org
Learn more at the official website: www.unitedwaycm.org
Mission Statement of United Way Of Central Massachusetts Inc
United Way of Central Massachusetts, in its mission, connects people and resources to improve the community. The organization's goal is to enhance the wellbeing of the community by focusing on essential building blocks for a successful life: education, family stability, and health. Through its Community Impact Program, United Way of Central Massachusetts evaluates funding proposals, selects the highest-quality agency programs to fund, and monitors program results to ensure maximum community impact. During the fiscal year 2022, 100 funded programs provided services in one or more of these three critical areas, aiming to stabilize individuals and families who struggle to meet their basic needs due to vulnerability-causing conditions.
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Impact
July, 2024
United Way of Central Massachusetts Inc's impact lies in connecting people and resources to improve the community. Through their Community Impact Program, the organization plays a critical role in enhancing the quality of life in the region. This program focuses on education, family stability, and health - the essential building blocks for a successful life. By providing services to stabilize those facing vulnerable conditions, United Way of Central Massachusetts ensures that basic needs are met for all community members.
In the fiscal year 2022, United Way of Central Massachusetts funded 100 programs that offered services related to education, family stability, and health. Through a rigorous evaluation process, the organization selects high-quality agency programs to fund and continuously monitors their impact to ensure maximum community benefit. By actively engaging staff and volunteers in this process, United Way of Central Massachusetts demonstrates a commitment to making a tangible difference in the lives of those they serve.
Through their dedication to improving education, family stability, and health outcomes, United Way of Central Massachusetts effectively contributes to the overall well-being and resilience of the community in Worcester, MA, and beyond. Their philanthropic efforts highlight the importance of collaboration and resource mobilization to address critical social challenges and create a more prosperous future for all.
This information is meant to be a general summary of United Way Of Central Massachusetts Inc. 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: $432,044
- Gross Receipts: $11,546,142
Assets and Liabilities:
- Total Assets: $13,855,278
- Total Liabilities: $3,054,992
- Net Assets: $10,800,286
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Organization Details
Founding Year
1920
Phone
(508) 757-5631Principal Officer
Timothy J Garvin
Main Address
484 MAIN STREET NO 300, WORCESTER, MA, 01608
Website
www.unitedwaycm.orgNTEE Category
Code: T00 - Philanthropy
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