Overview
What is United Way Of Spencer?
United Way of Spencer is a local nonprofit organization based in Spencer, Iowa. They play a significant role in the community by distributing funds raised during their annual fund drive to various charitable organizations. This allocation aids high-risk children by providing daycare, supports the local Red Cross office during crises, assists battered wives through the domestic violence office, feeds the elderly through the Meals on Wheels program, positively influences children through the Girls and Boys Club, and even funds the local Humane Society. In essence, United Way of Spencer serves as a bridge between the community and numerous local charities, ensuring that their resources are utilized effectively for the betterment of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
United Way of Spencer has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 67%. This rating indicates that while the organization demonstrates a strong commitment to financial integrity and accountability with a 93.14% program expense ratio, there are significant shortcomings in transparency and governance practices, such as the absence of key policies and missing financial statements.
The organization is notable for its independent board composition, achieving full marks for having a majority of independent members and no material diversion of assets, which suggests a solid foundation in governance. However, the lack of essential documents, including a conflict of interest policy and a whistleblower policy, raises concerns about its operational practices and accountability.
While the financial health of United Way of Spencer appears stable, as indicated by a 0.00% liabilities to assets ratio, the overall transparency and governance issues need to be addressed to improve its rating and foster greater trust among stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Spencer legitimate?
United Way Of Spencer is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Spencer 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of United Way Of Spencer?
United Way of Spencer's mission is centered around distributing funds collected through its annual fund drive to local charities in an organized and concise manner. This organization aims to support a wide range of community needs, as demonstrated by its funding of over twenty local non-profit organizations. These organizations, in turn, provide essential services such as daycare for high-risk children, crisis assistance from the Red Cross, aid for battered wives from the domestic violence office, meal delivery for the elderly through Meals on Wheels, and positive impact programs for children through the Girls and Boys Club. United Way of Spencer's efforts contribute significantly to the well-being of their local community.
Who is the CEO of United Way Of Spencer?
Donna Call is the Secretary of United Way Of Spencer.
What is the revenue of United Way Of Spencer?
United Way Of Spencer's revenue in 2023 was $1,660,793.
Who are the executives of United Way Of Spencer and what are their salaries?
The average compensation at United Way Of Spencer during 2023 was $10,000. There is 1 employee and 30 volunteers at United Way Of Spencer.
Here are 6 key members and their salaries:
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for United Way Of Spencer?
United Way Of Spencer's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of United Way Of Spencer
United Way of Spencer is an organization that plays a crucial role in distributing funds collected during its annual fund drive to various local charities in a systematic manner. This distribution allows numerous non-profit organizations to carry out their missions effectively. One of the beneficiaries of United Way of Spencer's funds is an organization that provides daycare services to high-risk children, ensuring their safety and wellbeing. Another beneficiary is the local Red Cross office, which uses the funds to assist in managing crises and providing necessary aid to the community.
The domestic violence office is another non-profit organization that receives funding from United Way of Spencer. This funding enables the office to offer support to battered wives, providing them with a safe environment and the resources necessary to rebuild their lives. The Meals on Wheels program also benefits from United Way of Spencer's funding, enabling it to deliver nutritious meals to the elderly, ensuring their wellbeing and independence.
The Girls and Boys Club is another non-profit organization that receives funding from United Way of Spencer. This funding allows the club to positively impact children's lives by providing them with a safe and engaging environment where they can learn and grow. Lastly, United Way of Spencer's funds also help support the local humane society, ensuring the wellbeing of animals in the community.
In summary, United Way of Spencer acts as a bridge between the public and various local charities, distributing funds collected during its annual fund drive in a systematic manner. This distribution allows these charities to carry out their missions effectively, making a significant impact on the lives of high-risk children, the elderly, battered wives, and animals in the community.
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Impact
October, 2024
United Way of Spencer significantly impacts the community by distributing funds to over twenty local organizations, directly addressing various needs. This funding supports crucial services, allowing high-risk children to access daycare, enabling the local Red Cross to assist those in crisis, and providing resources for the Domestic Violence Office to support victims. The Meals on Wheels program benefits the elderly, ensuring they receive nutritious meals, while the Boys and Girls Club fosters positive development among youth. Additionally, support for the local Humane Society enhances animal welfare in the area. Through organized fundraising initiatives, United Way of Spencer plays a vital role in strengthening the community and improving the lives of its residents.
This information is meant to be a general summary of United Way Of Spencer. 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: $3,031
- Gross Receipts: $1,660,793
Assets and Liabilities:
- Total Assets: $1,489,980
- Total Liabilities: $0
- Net Assets: $1,489,980
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Organization Details
Phone
(712) 262-0380Principal Officer
Donna Call
Main Address
PO BOX 616, SPENCER, IA, 51301
NTEE Category
Code: T70 - Philanthropy
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