Overview
What is United Way Of Northern New Jersey Inc?
United Way of Northern New Jersey Inc is a nonprofit organization committed to racial and economic equity, particularly for the working population known as "ALICE" (Asset Limited, Income Constrained, Employed). During the extended COVID-19 pandemic and the projected economic recovery, the organization identified as a lead partner for a four-year pilot project to address the structural deficiencies within the childcare system. The goal is to reverse childcare deserts in four regions across New Jersey, increasing the availability of quality, affordable childcare and early childhood education opportunities for working families. This is achieved through the creation of shared service alliances that pair highly rated centers and local family childcare providers, expanding capacity, leveraging collective expertise, and sharing critical resources. The data-driven pilot measures key performance indicators gathered through feedback from participating families, centers, and providers, and analyzed by experts, serving as the foundation for United Way's continuous improvement. The organization has a workforce of 45 individuals.
Official website here: www.unitedwaynnj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
The United Way of Northern New Jersey Inc has received an outstanding Four-Star rating from Charity Navigator, indicating a high level of transparency and effectiveness in its operations. The charity boasts perfect scores in both Accountability & Finance and Culture & Community, showcasing strong governance practices and a commitment to ethical management. With a fully independent board of 23 members and robust internal controls, the organization is well-positioned to utilize resources effectively.
Financially, the organization demonstrates a strong commitment to its mission, with a program expense ratio of over 70%, indicating that a significant portion of resources is allocated directly to programs. The organization's fundraising efficiency is commendable, requiring just $0.16 to raise a dollar, which highlights its effective fundraising strategies. Additionally, the low liabilities to assets ratio suggests sound financial health and stability, allowing it to pursue its goals without excessive debt.
While the data reflects strong performance and governance, there is no mention of specific program outcomes or community impact metrics in the available feedback. This could be an area for further transparency and improvement, as stakeholders may be interested in understanding the tangible effects of the charity's initiatives. Overall, the United Way of Northern New Jersey Inc is positioned as a reliable and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Northern New Jersey Inc legitimate?
United Way Of Northern New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Northern New Jersey 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: $222,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,494,773
For more financial information, click here
Official website here: www.unitedwaynnj.org
What is the mission statement of United Way Of Northern New Jersey Inc?
United Way of Northern New Jersey Inc's mission is centered around securing racial and economic equity for individuals known as ALICE, which stands for Asset Limited, Income Constrained, Employed. By improving the living conditions and opportunities for ALICE, the organization aims to enhance the quality of life for everyone in the community. They mobilize community resources to identify needs, develop solutions, raise funds, convene partners, and engage citizens to take action. The primary focus is on addressing the structural problems in the childcare system, particularly in reversing childcare deserts and increasing the availability of quality, affordable childcare and early childhood education opportunities for working families. They are achieving this by creating shared service alliances between highly-rated childcare centers and local family childcare providers, leveraging their combined expertise and resources. The organization uses data-driven methods to measure key performance indicators and evaluate the effectiveness of their programs, with the goal of continuously improving and potentially establishing a national model for childcare and early education.
Official website here: www.unitedwaynnj.org
Who is the CEO of United Way Of Northern New Jersey Inc?
Kiran Handa Gaudioso is the Board Chair of United Way Of Northern New Jersey Inc. The CEO's salary of United Way Of Northern New Jersey Inc is $201,605 and their total compensation is $222,114.
Official website here: www.unitedwaynnj.org
What is the revenue of United Way Of Northern New Jersey Inc?
United Way Of Northern New Jersey Inc's revenue in 2023 was $8,793,562.
Official website here: www.unitedwaynnj.org
Who are the executives of United Way Of Northern New Jersey Inc and what are their salaries?
The average compensation at United Way Of Northern New Jersey Inc during 2023 was $82,602. There are 45 employees and 4280 volunteers at United Way Of Northern New Jersey Inc.
Here are 33 key members and their salaries (United Way Of Northern New Jersey Inc's CEO's salary is $201,605 and their total compensation is $222,114):
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Official website here: www.unitedwaynnj.org
Where can I find the form 990 for United Way Of Northern New Jersey Inc?
United Way Of Northern New Jersey Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unitedwaynnj.org
Learn more at the official website: www.unitedwaynnj.org
Mission Statement of United Way Of Northern New Jersey Inc
United Way of Northern New Jersey, in its mission, strives to foster racial and economic equity for a group known as ALICE. ALICE stands for Asset Limited, Income Constrained, Employed individuals, who despite working, struggle to make ends meet. The organization believes that by securing equity for this group, they can improve the living conditions for everyone within the community.
To accomplish this, United Way of Northern New Jersey mobilizes the compassionate power of communities to advance this common good. They do this by assessing the needs within the community, developing solutions, raising funds, convening partners, and encouraging citizens to take action. Their ultimate goal is to improve lives and community conditions, ensuring that everyone has access to the resources they need to thrive.
During the extended COVID-19 pandemic and the projected long-term economic recovery, United Way of Northern New Jersey was identified as a lead partner for a four-year pilot project aimed at addressing the structural deficiencies within the childcare system. The project seeks to reverse childcare deserts in four regions across New Jersey, increasing the availability of quality, affordable childcare and early childhood education opportunities for working families. To achieve this, United Way of Northern New Jersey is creating shared service alliances, pairing highly-rated childcare centers with local family childcare providers to expand capacity, leverage collective expertise, and share critical resources. The pilot project is data-driven and uses metrics, dashboards, and evaluation tools to measure key performance indicators, with the potential to become a national model by transforming this sector, promoting quality childcare, and supporting economic opportunities for working parents and early education professionals.
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Impact
October, 2024
United Way of Northern New Jersey is making a significant impact by addressing the needs of the working ALICE (Asset Limited, Income Constrained, Employed) population, particularly in the context of the extended COVID-19 pandemic and the projected long-term economic recovery. The organization serves as a lead partner in a four-year pilot project aimed at tackling structural deficiencies within the childcare system, particularly in regions facing childcare deserts.
By creating shared service alliances, United Way is effectively connecting highly rated childcare centers with local family childcare providers. This collaboration aims to expand capacity, leverage collective expertise, and share vital resources, ultimately increasing the availability of quality and affordable childcare options for working families.
The initiative employs a data-driven approach, measuring key performance indicators through feedback from participating families, centers, and providers. This rigorous analysis is supported by dashboards and evaluation tools that guide the program's evolution and improvement.
The potential for this pilot to serve as a national model underscores its importance in promoting quality childcare and early education, which in turn supports economic opportunities for both working parents and early education professionals. Through these efforts, United Way of Northern New Jersey is not only improving individual lives but also enhancing community conditions, embodying a commitment to racial and economic equity that benefits all members of the community.
This information is meant to be a general summary of United Way Of Northern New Jersey 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: $54,811
- Gross Receipts: $9,371,977
Assets and Liabilities:
- Total Assets: $19,734,995
- Total Liabilities: $5,957,449
- Net Assets: $13,777,546
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Organization Details
Founding Year
1950
Phone
(973) 993-1160Principal Officer
Kiran Handa Gaudioso
Main Address
222 RIDGEDALE AVENUE, CEDAR KNOLLS, NJ, 07927
Website
www.unitedwaynnj.orgNTEE Category
Code: T700 - Philanthropy
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