Overview
What is United Way Of The Mohawk Valley?
United Way of the Mohawk Valley (UWMV) is a community-focused nonprofit organization headquartered in Utica, New York. Their mission is to enhance individual well-being, strengthen families, and improve the quality of life within their community. To achieve this goal, UWMV strategically invests in collaborative partnerships and coalitions. They assess community needs and distribute funds to support programs in the focus areas of education, health, and financial stability. Particularly, early education, childcare, and homelessness prevention remain key investment areas. In the recent fiscal year, UWMV funded 29 local agencies and initiated three self-led initiatives: Ready for Kindergarten, Academics First Extended Day Childcare Center, and 211 Mid-York. The organization currently employs 30 individuals, contributing to the betterment of the Mohawk Valley community.
Official website here: www.unitedwaymv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
United Way Of The Mohawk Valley has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial performance. With a perfect score of 100 for Accountability & Finance, the organization demonstrates rigorous oversight, as evidenced by its independent board composed entirely of 22 members. The nonprofit's transparency is further highlighted by its well-maintained financial documents and policies, such as conflict of interest and whistleblower policies.
The organization excels in its program expense ratio, allocating over 78% of its budget directly to programs, which emphasizes its commitment to community impact. Additionally, it has a low fundraising efficiency ratio and a strong working capital ratio, indicating effective financial management. The high scores in constituent feedback collection and usage reveal that the organization actively engages with the community to ensure its services meet their needs.
While United Way Of The Mohawk Valley showcases numerous strengths, it also has some minor areas for improvement, particularly in its equity policies and processes, where it received slightly lower scores. Nonetheless, the overall performance and robust governance practices position the organization as a reliable and impactful player in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of The Mohawk Valley legitimate?
United Way Of The Mohawk Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of The Mohawk Valley 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: $173,133
Professional Fundraising Fees: $0
Other Salaries and Wages: $966,166
For more financial information, click here
Official website here: www.unitedwaymv.org
What is the mission statement of United Way Of The Mohawk Valley?
The United Way of the Mohawk Valley's mission is centered around promoting individual well-being, strengthening families, and enhancing the quality of life in their community. They strive to achieve this by mobilizing the caring power of their community. Their strategic community investment funding is focused on collaborative partnerships, assessing community needs, and distributing funds to support programs in the areas of education, health, and financial stability. Specific investment areas include early education, childcare, and homelessness prevention. In the current fiscal year, they funded 29 agencies and initiated three initiatives: Ready for Kindergarten, Academics First Extended Day Childcare Center, and 211 Mid-York.
Official website here: www.unitedwaymv.org
Who is the CEO of United Way Of The Mohawk Valley?
Matthew Caracas is the Principal Officer of United Way Of The Mohawk Valley.
Official website here: www.unitedwaymv.org
What is the revenue of United Way Of The Mohawk Valley?
United Way Of The Mohawk Valley's revenue in 2022 was $3,372,877.
Official website here: www.unitedwaymv.org
Who are the executives of United Way Of The Mohawk Valley and what are their salaries?
The average compensation at United Way Of The Mohawk Valley during 2022 was $37,977. There are 30 employees and 550 volunteers at United Way Of The Mohawk Valley.
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Official website here: www.unitedwaymv.org
Where can I find the form 990 for United Way Of The Mohawk Valley?
United Way Of The Mohawk Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwaymv.org
Learn more at the official website: www.unitedwaymv.org
Mission Statement of United Way Of The Mohawk Valley
United Way of the Mohawk Valley (UWMV) is a community-driven organization dedicated to promoting individual well-being, strengthening families, and enhancing the overall quality of life within its community. Its mission, as stated, is to mobilize the caring power of the Mohawk Valley community, focusing on strategic community investment funding, collaborative partnerships, assessment of community needs, and the distribution of funds to support programs in the areas of education, health, and financial stability.
UWMV's strategic approach includes concentrating on investment areas such as early education, childcare, and homelessness prevention. The organization has funded 29 agencies in this fiscal year, in addition to leading three initiatives: Ready for Kindergarten, Academics First Extended Day Childcare Center, and 211 Mid-York. These initiatives aim to provide essential support services, from early education to childcare and homelessness prevention, ensuring a holistic approach to community development and well-being.
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Impact
October, 2024
United Way of the Mohawk Valley plays a pivotal role in enhancing the quality of life for individuals and families in the community. By mobilizing local resources and fostering collaborative partnerships, it effectively addresses crucial issues in education, health, and financial stability.
Through strategic funding, it supports programs that focus on early education, childcare, and homelessness prevention. This fiscal year alone, 29 agencies received funding, in addition to the United Way's own initiatives like Ready for Kindergarten, Academics First Extended Day Childcare Center, and 211 Mid-York. These efforts ensure that community members receive the necessary support to thrive, reinforcing a strong foundation for individual well-being and family strength.
By assessing community needs and aligning investments accordingly, United Way of the Mohawk Valley not only tackles immediate challenges but also works towards creating a sustainable and resilient community overall.
This information is meant to be a general summary of United Way Of The Mohawk Valley. 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: $2,554
- Gross Receipts: $3,416,267
Assets and Liabilities:
- Total Assets: $3,028,065
- Total Liabilities: $587,025
- Net Assets: $2,441,040
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Organization Details
Founding Year
1921
Phone
(315) 733-4691Principal Officer
Matthew Caracas
Main Address
258 GENESEE STREET, UTICA, NY, 13502
Website
www.unitedwaymv.orgNTEE Category
Code: T700 - Philanthropy
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