Overview
What is United Way Of The Southern Tier Inc?
United Way of the Southern Tier Inc, based in Corning, New York, is a nonprofit organization dedicated to improving the quality of life for every individual and family within its community. They administer two primary funding streams to various nonprofit organizations: Allocations and Strategic Investment Fund Grants. Allocations provide operational funding for organizations that align with United Way's main focus areas: Southern Tier Kids on Track, Southern Tier Senior Supports, and Southern Tier Basic Needs. These areas encompass early childhood care and education, targeted school-age programming, parental support for child success, senior population assistance, home-delivered meals, and transportation to medical appointments for the most vulnerable neighborhood residents. Strategic Investment Fund Grants enable United Way to achieve its community goals and seize unexpected opportunities for impact outside the regular investment cycle, while also providing additional support to existing programs in response to significant changes in client needs.
Official website here: www.uwst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
United Way Of The Southern Tier Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance, as well as leadership and adaptability. The charity’s remarkable Accountability & Finance score of 98 demonstrates its effective management of funds, with notable metrics such as a program expense ratio of 84.49% and minimal liabilities. The organization also excels in governance, showcasing a fully independent board and robust policies regarding conflict of interest and whistleblowing.
The leadership aspect of the organization is equally impressive, scoring a perfect 100 in this category. United Way Of The Southern Tier Inc has demonstrated strategic planning and strong leadership qualities that indicate a well-structured approach to achieving its mission. The ability to adapt to changing circumstances is also highlighted, reflecting the organization's resilience and forward-thinking mindset.
While the ratings and feedback are overwhelmingly positive, the organization’s working capital ratio of 0.71 years could point to a need for ongoing monitoring of financial reserves. Nonetheless, overall, United Way Of The Southern Tier Inc stands out as a highly trustworthy and effective nonprofit, making significant strides in its community impact while maintaining transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of The Southern Tier Inc legitimate?
United Way Of The Southern Tier Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of The Southern Tier 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: $213,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,460
For more financial information, click here
Official website here: www.uwst.org
What is the mission statement of United Way Of The Southern Tier Inc?
United Way of the Southern Tier Inc's mission is to unite and prioritize resources with the aim of enhancing the quality of life for every person and family in their community. They accomplish this by administering two primary funding streams to nonprofit organizations: allocations and strategic investment fund grants. Allocations provide program funding for operations, particularly those aligned with their main focus areas, including Southern Tier Kids on Track, Senior Supports, and Basic Needs. Southern Tier Kids on Track primarily funds services associated with children from birth to 8 years old, including early child care and education, targeted school-age programming, and parent supports for child success. Senior Supports provide funding for services that help the senior population age safely in place, such as assistance with daily living tasks and home-delivered meals. Basic Needs funding supports services for the most vulnerable neighbors, including food and longer-term shelter to prevent and address homelessness. Strategic investment fund grants assist United Way in achieving its community goals and seizing unexpected opportunities for impact.
Official website here: www.uwst.org
Who is the CEO of United Way Of The Southern Tier Inc?
Stephen M Hughes is the Chair of United Way Of The Southern Tier Inc. The CEO's salary of United Way Of The Southern Tier Inc is $118,258 and their total compensation is $132,829.
Official website here: www.uwst.org
What is the revenue of United Way Of The Southern Tier Inc?
United Way Of The Southern Tier Inc's revenue in 2023 was $4,090,406.
Official website here: www.uwst.org
Who are the executives of United Way Of The Southern Tier Inc and what are their salaries?
The average compensation at United Way Of The Southern Tier Inc during 2023 was $59,390. There are 8 employees and 659 volunteers at United Way Of The Southern Tier Inc.
Here are 20 key members and their salaries (United Way Of The Southern Tier Inc's CEO's salary is $118,258 and their total compensation is $132,829):
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- Compensation: $77,024
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- Other: $3,803
Official website here: www.uwst.org
Where can I find the form 990 for United Way Of The Southern Tier Inc?
United Way Of The Southern Tier Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uwst.org
Learn more at the official website: www.uwst.org
Mission Statement of United Way Of The Southern Tier Inc
United Way of the Southern Tier Inc is a community-focused organization with a mission to unite and prioritize resources, improving the quality of life for every person and family in its community. This nonprofit aims to achieve this by allocating funds to various nonprofit organizations in alignment with its main focus areas: Southern Tier Kids on Track, Southern Tier Senior Supports, and Southern Tier Basic Needs.
Southern Tier Kids on Track primarily focuses on funding services associated with children from birth to eight years old, encompassing early child care and education, targeted school-age programming, and parent supports for child success. The Southern Tier Senior Supports fund ensures the safety and independence of the elderly population by providing assistance with daily living activities and essential services, such as home-delivered meals and transportation to medical appointments. Lastly, the Southern Tier Basic Needs fund addresses the needs of the most vulnerable individuals by providing food and long-term shelter to prevent and address homelessness.
In addition to allocation funding, United Way of the Southern Tier Inc utilizes the Strategic Investment Fund Grants to further its community goals and seize unanticipated opportunities for impact. This fund enables the organization to offer additional support to existing programs or strategic initiatives that experience a significant change in client needs, ensuring the overall success of the program is not compromised. By allocating and investing in these areas, United Way of the Southern Tier Inc plays a vital role in improving the lives of individuals and families in its community.
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Impact
October, 2024
United Way Of The Southern Tier Inc significantly impacts the community by uniting and prioritizing resources to enhance the quality of life for individuals and families. Through effective campaign allocations, it provides vital funding to local organizations focused on three main areas: Southern Tier Kids on Track, Southern Tier Senior Supports, and Southern Tier Basic Needs.
In the realm of Southern Tier Kids on Track, the organization supports services for children from birth to age eight, ensuring access to early childcare, education, and parental support. This initiative plays a crucial role in fostering the development and success of young children in the community.
The Southern Tier Senior Supports program assists elderly residents in aging safely in place. By providing services that enable seniors to care for themselves, including home-delivered meals and transportation for medical appointments, the organization helps maintain their dignity and quality of life.
Additionally, the Southern Tier Basic Needs focus addresses the urgent requirements of the most vulnerable community members. Funding is directed toward services that provide food security and long-term shelter, tackling issues of hunger and homelessness effectively.
Strategic Investment Fund Grants allow the organization to respond dynamically to the changing needs of the community, addressing unforeseen challenges and supporting existing programs during critical times. This flexible funding enhances their ability to make a measurable, positive impact, ensuring no one in the community is left behind. Overall, United Way Of The Southern Tier Inc plays an essential role in fostering a resilient and supportive environment for all residents.
This information is meant to be a general summary of United Way Of The Southern Tier 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 2023.
- Investment Income: $105,202
- Gross Receipts: $5,961,799
Assets and Liabilities:
- Total Assets: $6,887,462
- Total Liabilities: $3,854,988
- Net Assets: $3,032,474
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Organization Details
Founding Year
1993
Phone
(607) 936-3753Principal Officer
Stephen M Hughes
Main Address
88 EAST TIOGA AVE 102, CORNING, NY, 14830
Website
www.uwst.orgNTEE Category
Code: T30J - Philanthropy
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