Overview
What is United Way Of Kentucky Inc?
United Way of Kentucky Inc, based in Louisville, Kentucky, is a vital nonprofit organization dedicated to improving the lives of Kentuckians. Their statewide initiatives span across various sectors, including direct investment in community programs, disaster recovery, and utilizing the 211 information and referral hotline. They also maintain a contractual relationship with Kentucky's state-operated referral platform, Kynect Resources. United Way of Kentucky Inc enhances local United Way capacity by facilitating opportunities for engagement with individuals, elected officials, and statewide organizations, thereby improving outcomes in education, financial stability, and health within communities. With a team of focused leaders, they align resources to advance education, income, and health in Kentucky, thereby increasing the brand's value through new partnerships, strengthened relationships, and advocacy for effective public policy. They have a small workforce of 4 individuals.
Official website here: www.uwky.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)
United Way of Kentucky Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The charity's impressive score is largely driven by its robust practices in governance and transparency, evidenced by 100% independent board members and well-established policies like conflict of interest and whistleblower protections.
The organization excels in financial management, showcasing a program expense ratio of 98.65%, which signifies that nearly all its expenditures are directed toward its charitable programs. Moreover, there are no reported issues concerning asset diversion, and its financial statements undergo thorough audits, demonstrating a high level of oversight.
However, the charity's liabilities to assets ratio stands at 55.63%, which, while still favorable, may warrant further monitoring to ensure ongoing financial stability. Overall, United Way of Kentucky Inc appears to be a reputable nonprofit with strong governance and a focus on maximizing program impact, though attention to its liabilities should be maintained moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Kentucky Inc legitimate?
United Way Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Kentucky 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: $107,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,021
For more financial information, click here
Official website here: www.uwky.org
What is the mission statement of United Way Of Kentucky Inc?
United Way of Kentucky Inc, as a collective of dedicated leaders, aims to coordinate resources and work towards improving education, income, and health. Their mission is to align these resources and contribute to the advancement of these critical areas. By doing so, they aim to enhance local United Way capacity across Kentucky, resulting in improved outcomes in education, financial stability, and health within communities. United Way of Kentucky Inc facilitates opportunities for engagement with individuals, elected officials, and statewide organizations, thereby strengthening the United Way network's impact. The organization also enhances the value of the United Way brand by establishing new partnerships, strengthening existing relationships, advocating for effective public policy, and developing innovative services that better people's lives and strengthen communities.
Official website here: www.uwky.org
Who is the CEO of United Way Of Kentucky Inc?
Kevin Middleton is the Chair of United Way Of Kentucky Inc.
Official website here: www.uwky.org
What is the revenue of United Way Of Kentucky Inc?
United Way Of Kentucky Inc's revenue in 2022 was $5,554,613.
Official website here: www.uwky.org
Who are the executives of United Way Of Kentucky Inc and what are their salaries?
The average compensation at United Way Of Kentucky Inc during 2022 was $41,901. There are 4 employees and 110 volunteers at United Way Of Kentucky Inc.
Here are 23 key members and their salaries:
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Official website here: www.uwky.org
Where can I find the form 990 for United Way Of Kentucky Inc?
United Way Of Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwky.org
Learn more at the official website: www.uwky.org
Mission Statement of United Way Of Kentucky Inc
United Way of Kentucky, Inc., functions as a coordinated team of leaders, dedicated to aligning resources and working towards the advancement of education, income, and health. In essence, their mission is to improve outcomes in these crucial areas at a community level. They achieve this by strengthening the capacity of local United Way organizations through various opportunities, engaging individuals, elected officials, and statewide organizations in United Way's work. United Way of Kentucky, Inc., increases the value of its brand by forging new partnerships, strengthening existing relationships, advocating for effective public policy, and developing new services that enhance lives and strengthen communities. Their statewide initiatives include direct investment in program services, disaster recovery, and the 211 information and referral hotline, among others, all aimed at improving education, financial stability, and health in Kentucky's population.
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Impact
October, 2024
United Way of Kentucky Inc significantly influences the well-being of communities across the state by focusing on key areas such as education, financial stability, and health. By implementing statewide initiatives, it ensures that resources are effectively aligned to meet the needs of Kentucky's entire population.
Through direct investments in program services and disaster recovery efforts, United Way of Kentucky amplifies local initiatives, enhancing the capacity of local United Ways to deliver meaningful impact. The organization's 211 information and referral hotline serves as a vital resource, connecting individuals with essential services and support.
Moreover, United Way of Kentucky fosters collaboration among individuals, elected officials, and various organizations, thereby creating a robust network dedicated to community improvement. By advocating for effective public policies and building new partnerships, the organization not only enhances its brand but also drives significant changes that improve lives across Kentucky.
The ongoing fundraising campaigns and the contractual relationship with the state-operated referral platform, Kynect Resources, further extend its reach, ensuring that essential services are accessible to all. Ultimately, United Way of Kentucky is a catalyst for positive change, working tirelessly to strengthen communities and improve outcomes for individuals and families throughout the state.
This information is meant to be a general summary of United Way Of Kentucky 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 2022.
- Investment Income: $62
- Program Service Revenue: $261,769
- Gross Receipts: $5,554,613
Assets and Liabilities:
- Total Assets: $4,587,612
- Total Liabilities: $1,142,984
- Net Assets: $3,444,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND AS
Revenue
$261,769
Organization Details
Founding Year
1984
Phone
(502) 589-6897Principal Officer
Kevin Middleton
Main Address
PO BOX 4653, LOUISVILLE, KY, 402040653
Website
www.uwky.orgNTEE Category
Code: T70Z - Philanthropy
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