Overview
What is United Way Of Rhode Island Inc?
United Way of Rhode Island Inc is a Providence-based nonprofit organization with a mission to create racial equity and opportunities for all Rhode Islanders. Through their community impact fund, they grant over $5 million annually to local nonprofits, focusing on improving children's educational results, affordable and safe housing, reducing food insecurity, enabling summer learning, providing energy assistance, and offering voluntary income tax assistance. The organization's employees number 98, dedicated to making a positive difference in their community by connecting resources and fostering a more equitable environment.
Official website here: www.unitedwayri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star Rating
United Way Of Rhode Island Inc has achieved a remarkable 99% score, reflecting its strong performance in both accountability and financial management. The organization received a perfect score of 100 in accountability and finance, showcasing its commitment to transparency and effective governance. With a predominantly independent board comprising 22 members, the organization demonstrates a robust structure that minimizes conflicts of interest and enhances oversight.
The nonprofit excels in its financial metrics, including a program expense ratio of 90.32% and a fundraising efficiency of just $0.04, indicating that most funds raised directly support its programs. Additionally, there are no reported material diversions of assets, which further underscores the organization’s integrity and fiscal responsibility. Its financial health is further evidenced by a favorable liabilities to assets ratio.
In terms of community engagement, the organization scores well across various metrics related to feedback from constituents, with perfect scores in feedback collection and usage. However, while the equity strategies score is commendable at 87, there is room for improvement in the equity data and policies, suggesting an opportunity for the organization to enhance its commitment to equity and inclusion. Overall, United Way Of Rhode Island Inc is a highly rated nonprofit that demonstrates effective operations and a strong connection to the community it serves.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about United Way Of Rhode Island Inc?
92% of reviewers on Facebook recommend United Way of Rhode Island. Here’s a brief overview of what people are saying:
Many individuals express a strong appreciation for the organization, highlighting it as a fantastic workplace and an excellent opportunity for community involvement. Reviewers encourage others to engage with the nonprofit, emphasizing the importance of giving, volunteering, and advocating for its mission.
Overall, the sentiment towards United Way of Rhode Island is very positive, with users feeling motivated to support the organization and its initiatives. The strong recommendation rate reflects a community that values the services and opportunities offered by the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is United Way Of Rhode Island Inc legitimate?
United Way Of Rhode Island Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Rhode Island 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: $748,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,047,308
For more financial information, click here
Official website here: www.unitedwayri.org
What is the mission statement of United Way Of Rhode Island Inc?
United Way of Rhode Island Inc works towards building racial equity and opportunities for all residents in the community. Their mission is to unite resources and bring about positive change. Through community impact grants, they support nonprofit agencies in Rhode Island, improving outcomes for children in education, increasing access to affordable and safe housing, and decreasing food insecurity. Additional funding is provided for summer learning, energy assistance, and voluntary income tax assistance to help lower-income residents maximize their tax refunds. Their community impact work details can be found on their website.
Official website here: www.unitedwayri.org
Who is the CEO of United Way Of Rhode Island Inc?
Cortney Nicolato is the CEO of United Way Of Rhode Island Inc The CEO's salary of United Way Of Rhode Island Inc is $303,873 and their total compensation is $335,748.
Official website here: www.unitedwayri.org
What is the revenue of United Way Of Rhode Island Inc?
United Way Of Rhode Island Inc's revenue in 2024 was $24,066,699.
Official website here: www.unitedwayri.org
Who are the executives of United Way Of Rhode Island Inc and what are their salaries?
The average compensation at United Way Of Rhode Island Inc during 2024 was $71,539. There are 95 employees and 1990 volunteers at United Way Of Rhode Island Inc.
Here are 33 key members and their salaries (United Way Of Rhode Island Inc's CEO's salary is $303,873 and their total compensation is $335,748):
- Compensation: $303,873
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- Other: $31,875
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- Compensation: $178,654
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- Other: $22,765
- Compensation: $144,471
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- Other: $20,637
- Compensation: $170,549
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- Other: $4,958
- Compensation: $125,728
- Related: $0
- Other: $31,155
- Compensation: $113,298
- Related: $0
- Other: $9,905
- Compensation: $102,743
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- Other: $3,554
- Compensation: $100,699
- Related: $0
- Other: $26,769
- Compensation: $166,266
- Related: $0
- Other: $23,972
Official website here: www.unitedwayri.org
Where can I find the form 990 for United Way Of Rhode Island Inc?
United Way Of Rhode Island Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.unitedwayri.org
Learn more at the official website: www.unitedwayri.org
Mission Statement of United Way Of Rhode Island Inc
United Way of Rhode Island Inc, a community-uniting organization, is dedicated to building racial equity and providing opportunities for all Rhode Islanders. Through its mission, this nonprofit brings together resources and strengths from various sectors of the community to create lasting and meaningful change.
United Way of Rhode Island Inc focuses on improving the lives of children and families by investing in local nonprofit agencies. The nonprofit has granted over $5 million to these organizations, with funds being used to enhance the academic success of children, improve access to affordable and safe housing, and decrease food insecurity in the community. Additionally, United Way of Rhode Island Inc has allocated funds for summer learning programs and energy assistance. Furthermore, it offers voluntary income tax assistance services to help low-income residents maximize their tax refunds.
United Way of Rhode Island Inc's impact is far-reaching, as it addresses essential needs and empowers individuals and families. By collaborating with various partners and initiatives, this nonprofit strives to create a more equitable and prosperous future for all Rhode Islanders. For more information about United Way of Rhode Island Inc's community impact initiatives, please visit their website at www.unitedwayri.org.
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Impact
October, 2024
United Way of Rhode Island Inc plays a vital role in enhancing the quality of life for residents across the state by fostering racial equity and creating opportunities for all. Their impactful work is demonstrated through a substantial investment of $5,168,350 in Community Impact Fund grants. These funds support local agencies focused on improving educational outcomes for children, increasing access to safe and affordable housing, and addressing food insecurity in the community.
In addition to these key areas, United Way allocates resources specifically for summer learning programs, which received $524,488, ensuring that children continue to thrive academically during the summer months. Their efforts to assist lower-income residents are further exemplified by $375,048 dedicated to energy assistance and $276,410 for voluntary income tax assistance, helping individuals access the maximum tax benefits possible.
Through these initiatives, United Way of Rhode Island is a driving force for change, empowering communities and advocating for racial equity while addressing immediate needs and fostering long-term positive outcomes for all Rhode Islanders. More details on their community impact can be found at www.unitedwayri.org.
This information is meant to be a general summary of United Way Of Rhode Island 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 2024.
- Investment Income: $661,433
- Gross Receipts: $24,848,117
Assets and Liabilities:
- Total Assets: $28,320,599
- Total Liabilities: $5,720,090
- Net Assets: $22,600,509
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Organization Details
Founding Year
1926
Principal Officer
Cortney M Nicolato
Website
www.unitedwayri.orgNTEE Category
Code: T700 - Philanthropy
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