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Lake Area United Way Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237170019 ✦ Griffith, IN ✦ Designated as a 501(c)(3)

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Overview

What is Lake Area United Way Inc?

Lake Area United Way Inc, located in Griffith, Indiana, is a dedicated nonprofit organization with a mission to enhance the lives of its community. With a team of 17 individuals, they focus on mobilizing the caring power of their community to advance the common good. Their primary function involves providing financial assistance to partner agencies, enabling them to cater to the basic needs of the most vulnerable members of their community. By doing so, Lake Area United Way Inc contributes significantly to strengthening the fabric of their community and improving overall living standards.


Official website here: www.lauw.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100%

Lake Area United Way Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization achieved a perfect score in all evaluated categories, demonstrating strong governance with 100% independent board members, effective financial oversight, and no material diversion of assets. Such a rating reflects the organization's commitment to transparency and responsible financial management.

User reviews present a mixed perspective on the organization. While some volunteers and board members praise the commitment and impactful work of Lake Area United Way in addressing community needs through education, health, and income initiatives, a few reviews raise concerns about the organization's use of funds. One reviewer labeled it as a "scam," alleging that donations are being diverted for political purposes, specifically related to local transportation projects.

Despite the critical feedback, many users highlight the positive experiences they have had as volunteers or board members, noting the organization's significant contributions during crises and its efforts to connect community members with essential services. Overall, while the organization boasts an excellent financial rating, it faces some scrutiny regarding its fundraising and allocation practices, which could influence public perceptions.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Lake Area United Way Inc legitimate?

Lake Area United Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Area United Way 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: $97,794
Professional Fundraising Fees: $0
Other Salaries and Wages: $436,672

For more financial information, click here


Official website here: www.lauw.org

What is the mission statement of Lake Area United Way Inc?

Lake Area United Way Inc's mission is centered around enhancing lives within the community. They accomplish this by harnessing the compassionate forces within their community to advance common welfare. The organization's primary objective is to address basic needs and provide assistance to those most in need, through its partnership with various local agencies. By doing so, Lake Area United Way Inc aims to contribute significantly to improving the general well-being of their community.


Official website here: www.lauw.org

Who is the CEO of Lake Area United Way Inc?

David M Nicole is the Trustee of Lake Area United Way Inc. The CEO's salary of Lake Area United Way Inc is $0 and their total compensation is $0.


Official website here: www.lauw.org

What is the revenue of Lake Area United Way Inc?

Lake Area United Way Inc's revenue in 2021 was $2,378,977.


Official website here: www.lauw.org

Who are the executives of Lake Area United Way Inc and what are their salaries?

The average compensation at Lake Area United Way Inc during 2021 was $31,439. There are 17 employees and 50 volunteers at Lake Area United Way Inc.


Here are 23 key members and their salaries (Lake Area United Way Inc's CEO's salary is $0 and their total compensation is $0):


Aaron Mcdermott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen M Spajer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Saltanovitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jasaitis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher White (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Ziller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marijo Dluzak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Morrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Marsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Mrvan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desila Rosetti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Smoljan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Dye (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcdermott Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schneider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Strack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Taillon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louie Gonzalez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Correa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wortham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Montague (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Daugherty (Outgoing President/Ceo)
  • Compensation: $146,032
  • Related: $0
  • Other: $5,000
David Nicole (Interim President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lauw.org

Where can I find the form 990 for Lake Area United Way Inc?

Lake Area United Way Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.lauw.org

Learn more at the official website: www.lauw.org

Mission Statement of Lake Area United Way Inc

Lake Area United Way Inc is committed to enhancing lives by leveraging the compassionate energy of their community to promote collective welfare and advance shared interests. Their mission is centered around mobilizing the caring power of the community to address basic needs and contribute to community assistance. This entails providing financial support to partner agencies, enabling them to extend a helping hand to those most in need within their community. By doing so, Lake Area United Way Inc aims to foster a sustainable environment where everyone can thrive.

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Impact




October, 2024

Lake Area United Way Inc significantly impacts the community by mobilizing the caring power of individuals and organizations to improve lives and advance the common good. By addressing basic needs and providing community assistance, they allocate funds to partner agencies that directly support those most in need. This collective effort not only helps individuals facing challenges but also fosters a sense of solidarity and community resilience in Griffith, IN. Through their initiatives, Lake Area United Way Inc plays a vital role in enhancing the quality of life for many, showcasing the transformative power of philanthropy and community engagement.




This information is meant to be a general summary of Lake Area United Way 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.

Revenue
$2,378,977 (2021)
Expenses
$4,301,243 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $23,698
  • Gross Receipts: $2,379,147

Assets and Liabilities:

  • Total Assets: $2,544,209
  • Total Liabilities: $375,119
  • Net Assets: $2,169,090

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Organization Details

Founding Year

1972

Principal Officer

David M Nicole

Main Address

221 WEST RIDGE ROAD, GRIFFITH, IN, 46319

NTEE Category

Code: T700 - Philanthropy

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