Overview
What is United Way Of Olmsted County Inc?
United Way of Olmsted County Inc, situated in Rochester, Minnesota, is a dedicated nonprofit organization with a mission to improve lives within their community. Their primary focus lies in three key areas: financial stability, education, and health. By addressing the root causes of social issues, they aim to foster financial independence, ensure basic needs are met, promote children's success in school and the community, and encourage overall well-being. They achieve this by mobilizing the community and building collaborations that lead to tangible results. With a strong dedication to community change, United Way of Olmsted County Inc inspires hope, creates opportunities, and champions those in need, boasting a team of 35 dedicated individuals.
Official website here: www.uwolmsted.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
United Way of Olmsted County Inc received a perfect score of 100%, reflecting its strong performance in both accountability and finance as well as leadership and adaptability. This high rating indicates a commitment to transparency and effective financial management, with an independent board and a strong oversight committee ensuring that funds are used appropriately. Their mission and vision emphasize community change, providing hope and opportunities for those in need.
The organization exhibits a robust investment in leadership development, offering coaching to new staff members to enhance their skills and effectiveness. Additionally, United Way of Olmsted County has laid out strategic goals aimed at increasing donor engagement and improving its diversity, equity, and inclusion efforts, which are crucial for long-term sustainability and relevance in the community.
Despite its many strengths, the nonprofit acknowledges the need to adapt to changes in workplace giving trends, and it has developed a strategic sustainability plan to address this challenge. Overall, United Way of Olmsted County Inc stands out as a highly rated and responsible organization dedicated to making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Olmsted County Inc legitimate?
United Way Of Olmsted County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Olmsted County 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: $286,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $927,984
For more financial information, click here
Official website here: www.uwolmsted.org
What is the mission statement of United Way Of Olmsted County Inc?
United Way of Olmsted County Inc serves as a catalyst for community change, instilling hope, creating opportunities, and advocating for those in need. Their mission is to unite people and resources, aiming to enhance the quality of life for individuals in their community. The organization focuses on three key areas: financial stability, ensuring individuals and families achieve financial independence and meet basic needs; education, preparing children and youth for success in school and the community; and health, promoting physical and mental well-being. United Way of Olmsted County aims to create lasting change by addressing the root causes of social issues, mobilizing the community, and fostering collaborations that yield results. In this way, they strive to transform Olmsted County for the better, benefitting all its inhabitants.
Official website here: www.uwolmsted.org
Who is the CEO of United Way Of Olmsted County Inc?
Jerome Ferson is the Board Chair of United Way Of Olmsted County Inc.
Official website here: www.uwolmsted.org
What is the revenue of United Way Of Olmsted County Inc?
United Way Of Olmsted County Inc's revenue in 2023 was $3,451,495.
Official website here: www.uwolmsted.org
Who are the executives of United Way Of Olmsted County Inc and what are their salaries?
The average compensation at United Way Of Olmsted County Inc during 2023 was $34,701. There are 35 employees and 396 volunteers at United Way Of Olmsted County Inc.
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Official website here: www.uwolmsted.org
Where can I find the form 990 for United Way Of Olmsted County Inc?
United Way Of Olmsted County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uwolmsted.org
Learn more at the official website: www.uwolmsted.org
Mission Statement of United Way Of Olmsted County Inc
United Way of Olmsted County Inc serves as a catalyst for community change, inspiring hope, creating opportunities, and advocating for individuals in need. Their mission, in essence, is to unite people and resources to enhance the lives of community members. By focusing on three key areas - financial stability, education, and health - United Way of Olmsted County Inc strives to address the root causes of social issues, aiming to bring about lasting change.
Financial stability is a significant aspect of their mission. They work towards moving individuals and families towards financial independence, ensuring that their basic needs are met. This encompasses a wide range of efforts, from helping individuals secure employment to providing the necessary resources for them to manage their finances effectively.
In the realm of education, United Way of Olmsted County Inc seeks to prepare children and youth to succeed both in school and in the broader community. This involves initiatives that foster learning and personal growth, equipping the younger generation with the skills and knowledge they need to thrive.
Health is another crucial component of their mission. They promote physical and mental well-being, recognizing that a person's overall health is integral to their quality of life. This could involve programs that promote healthy living, mental health support, or initiatives that address specific health concerns within the community.
In summary, United Way of Olmsted County Inc is an organization that is deeply committed to improving the lives of individuals in their community. They do this by focusing on three key areas - financial stability, education, and health - and by mobilizing the community to create lasting change. Their mission is to inspire hope, create opportunities, and champion those in need, ultimately working towards a better community for all.
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Impact
July, 2024
United Way of Olmsted County Inc is actively uniting people and resources to improve lives in our community. By focusing on financial stability, education, and health, they are working towards moving individuals and families toward independence, ensuring basic needs are met, preparing youth to succeed in school and the community, and promoting physical and mental well-being. Their goal is to create lasting change by addressing the underlying causes of social problems. Through mobilizing the community and building collaborations, United Way of Olmsted County is changing the county for the better for all residents.
This information is meant to be a general summary of United Way Of Olmsted County 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: $32,911
- Program Service Revenue: $655,158
- Gross Receipts: $4,532,402
Assets and Liabilities:
- Total Assets: $4,601,041
- Total Liabilities: $841,332
- Net Assets: $3,759,709
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$655,158
Organization Details
Founding Year
1925
Phone
(507) 287-2000Principal Officer
Jerome Ferson
Main Address
903 WEST CENTER STREET NO 100, ROCHESTER, MN, 55902
Website
www.uwolmsted.orgNTEE Category
Code: T700 - Philanthropy
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