Overview
What is United Way Of The Greater Chippewa Valley Endowment Corporation?
The United Way of the Greater Chippewa Valley Endowment Corporation is a nonprofit entity based in Eau Claire, Wisconsin. Its primary objective is to support the United Way of the Greater Chippewa Valley, Inc., helping to cover administrative costs and boost agency distributions. This corporation's mission is to contribute to the operations of the UWGCV or any successor organization with a similar mission in the served area. By distributing earnings from investments, the Endowment Corporation aims to enhance the UWGCV's capacity to serve the local community and potentially provide disaster relief when necessary.
Official website here: www.uwgcv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating.
The United Way of the Greater Chippewa Valley Endowment Corporation has achieved a solid score of 83%, indicating a strong level of accountability and financial health. The organization benefits from a fully independent board, with all 10 members meeting the criteria for independence. They have also demonstrated good financial practices, as evidenced by a low liabilities to assets ratio of 3.81% and a program expense ratio of 81.89%, showcasing a commitment to directing funds towards their mission.
However, there are notable areas for improvement, particularly related to governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, both of which received a score of zero. Additionally, they have not posted their tax form on their website, which could affect transparency for potential donors and stakeholders.
Overall, while the United Way of the Greater Chippewa Valley Endowment Corporation shows strong financial management and a commitment to its mission, addressing the governance policy gaps could enhance their accountability and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of The Greater Chippewa Valley Endowment Corporation legitimate?
United Way Of The Greater Chippewa Valley Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of The Greater Chippewa Valley Endowment Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.uwgcv.org
What is the mission statement of United Way Of The Greater Chippewa Valley Endowment Corporation?
The United Way of the Greater Chippewa Valley Endowment Corporation has a mission to support the operations of the United Way of the Greater Chippewa Valley (UWGCV) or any organization with a similar mission in the served area. This is achieved by distributing the income earned from investments. The primary goal is to benefit the UWGCV, ensuring its administrative costs are covered and enabling it to increase the distributions to various agencies. Furthermore, the corporation also extends its support to disaster relief efforts within the served area by the UWGCV.
Official website here: www.uwgcv.org
Who is the CEO of United Way Of The Greater Chippewa Valley Endowment Corporation?
Mike Tzanakis is the Executive Director/Secretary of United Way Of The Greater Chippewa Valley Endowment Corporation.
Official website here: www.uwgcv.org
What is the revenue of United Way Of The Greater Chippewa Valley Endowment Corporation?
United Way Of The Greater Chippewa Valley Endowment Corporation's revenue in 2022 was $88,754.
Official website here: www.uwgcv.org
Who are the executives of United Way Of The Greater Chippewa Valley Endowment Corporation and what are their salaries?
There 10 volunteers at United Way Of The Greater Chippewa Valley Endowment Corporation.
Here are 10 key members and their salaries:
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- Related: $97,200
- Other: $2,836
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- Other: $0
Official website here: www.uwgcv.org
Where can I find the form 990 for United Way Of The Greater Chippewa Valley Endowment Corporation?
United Way Of The Greater Chippewa Valley Endowment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwgcv.org
Learn more at the official website: www.uwgcv.org
Mission Statement of United Way Of The Greater Chippewa Valley Endowment Corporation
The United Way of the Greater Chippewa Valley Endowment Corporation exists with the primary objective of supporting the United Way of the Greater Chippewa Valley, Inc. This support is primarily aimed at alleviating the administrative costs of the United Way of the Greater Chippewa Valley and enhancing the distribution of funds to various agencies within its scope. The mission of this corporation extends further to assist in disaster relief efforts within the geographic area served by the United Way of the Greater Chippewa Valley. By distributing income earned from investments, this corporation aims to contribute to the operations of the United Way of the Greater Chippewa Valley or any organization carrying out a similar mission within the same region. This support ultimately aims to strengthen the capacity of these organizations to serve their respective communities effectively.
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Impact
October, 2024
United Way of the Greater Chippewa Valley Endowment Corporation plays a vital role in supporting community well-being and resilience in the Chippewa Valley area. By distributing income earned on investments, it enhances the operational capabilities of the United Way of the Greater Chippewa Valley. This support helps offset administrative costs, ensuring that more resources are available for local agencies and initiatives that address critical needs within the community.
The organization's mission extends beyond administrative support; it also aims to facilitate disaster relief efforts in the region, showcasing its commitment to enhancing community safety and preparedness. Through these actions, the Endowment Corporation contributes to the overarching goal of fostering a stronger, more resilient community by empowering organizations that directly serve the needs of residents in Eau Claire and surrounding areas.
This information is meant to be a general summary of United Way Of The Greater Chippewa Valley Endowment Corporation. 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.
- Gross Receipts: $170,104
Assets and Liabilities:
- Total Assets: $3,576,062
- Total Liabilities: $125,971
- Net Assets: $3,450,091
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Organization Details
Founding Year
1990
Phone
(715) 834-5043Principal Officer
Mike Tzanakis
Main Address
3603 N HASTINGS WAY 200, EAU CLAIRE, WI, 54703
Website
www.uwgcv.orgNTEE Category
Code: X99Z - Religion related
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