Overview
What is United Way Of Central New York Inc?
United Way of Central New York Inc is a community-focused nonprofit organization, grounded in three key principles: a defining mission, an inspiring vision, and strategy-driven actions. Their primary objective, as expressed in the mission, is to enhance lives by leveraging the compassionate force of the community. With this vision in mind, United Way of Central New York works tirelessly to improve living conditions by mobilizing local empathy and resources.
Official website here: www.unitedway-cny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
United Way of Central New York Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score of 96%, the organization demonstrates strong governance practices, including a fully independent board and excellent financial oversight. The charity excels in its program expenses, allocating 85.06% of its budget directly to programs, reflecting a commitment to its mission.
The organization has shown exceptional leadership and adaptability, earning a perfect score of 100 in this category. It has also established comprehensive policies, such as conflict of interest and whistleblower protections, which reinforce its commitment to transparency and ethical operations. The financial health metrics indicate a well-managed organization, with no reported material diversion of assets and a well-functioning audit and oversight committee.
Despite these strengths, the working capital ratio of 0.48 years suggests that the organization may face challenges in maintaining liquidity. Nonetheless, the overall assessment portrays United Way of Central New York Inc as a well-structured and effective nonprofit, making significant strides in its community impact while adhering to best practices in governance and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Central New York Inc legitimate?
United Way Of Central New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Central New York 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: $313,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,742,840
For more financial information, click here
Official website here: www.unitedway-cny.org
What is the mission statement of United Way Of Central New York Inc?
United Way of Central New York's mission is centered around enhancing lives by leveraging the compassionate force of the local community. Their role in the community is defined by a core mission, which serves as a guiding principle. This mission inspires their efforts towards making a significant impact. Their strategies are designed to shape their work, ensuring that they effectively contribute to community development.
Official website here: www.unitedway-cny.org
What is the revenue of United Way Of Central New York Inc?
United Way Of Central New York Inc's revenue in 2024 was $8,078,812.
Official website here: www.unitedway-cny.org
Who are the executives of United Way Of Central New York Inc and what are their salaries?
The average compensation at United Way Of Central New York Inc during 2024 was $33,162. There are 62 employees and 2584 volunteers at United Way Of Central New York Inc.
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Official website here: www.unitedway-cny.org
Where can I find the form 990 for United Way Of Central New York Inc?
United Way Of Central New York Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.unitedway-cny.org
Learn more at the official website: www.unitedway-cny.org
Mission Statement of United Way Of Central New York Inc
United Way of Central New York, as an organization, is driven by a mission to enhance lives by harnessing the compassionate energy of their community. This mission serves as the backbone of their role within the community, guiding their actions and decisions. United Way adheres to a set of core principles that include a distinct mission, a vision that fuels their endeavors, and strategies that shape their work. These guiding principles provide a strong foundation for their operations, enabling them to effectively contribute to the betterment of lives in their community.
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Impact
October, 2024
United Way of Central New York Inc. plays a crucial role in enhancing the quality of life in the community by mobilizing local resources and encouraging collective action. Their efforts focus on addressing critical issues that impact individuals and families, such as education, financial stability, and health. By fostering collaboration among various stakeholders, they create a platform for community members to come together and address common challenges.
Through strategic initiatives and programs, they work to empower individuals, providing them with the tools and resources necessary to improve their circumstances. Their guiding principles and mission drive them to inspire a vision of positive change, ensuring that the needs of the community are met effectively. In Syracuse, NY, their impactful work strengthens community bonds and fosters a culture of philanthropy, ultimately transforming lives for the better.
This information is meant to be a general summary of United Way Of Central New York 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: $165,228
- Program Service Revenue: $177,525
- Gross Receipts: $9,339,466
Assets and Liabilities:
- Total Assets: $8,999,113
- Total Liabilities: $4,370,664
- Net Assets: $4,628,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE INCOME
Revenue
$177,525
Organization Details
Founding Year
1921
Principal Officer
Nancy Kern Eaton
Website
www.unitedway-cny.orgNTEE Category
Code: T700 - Philanthropy
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