Overview
What is Udac Inc?
Udac Inc is a nonprofit organization situated in Duluth, Minnesota, with a compassionate mission to empower individuals facing various challenges, including disabilities. Their primary focus is on providing customized services tailored to the unique needs and choices of each individual, enhancing their daily lives and boosting their confidence within the community. This encompasses offering various job opportunities within Duluth, as well as honing other skills that foster a sense of belonging. With a dedicated workforce of 28 employees, Udac Inc is committed to making a positive impact in the lives of those they serve.
Official website here: www.udac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Udac Inc has achieved an impressive score of 92%, reflecting strong accountability and financial management. This high rating is based entirely on their accountability and finance metrics, suggesting that the organization is particularly focused on maintaining transparency and fiscal responsibility. The absence of any material diversion of assets further highlights the integrity of their operations.
The organization boasts a fully independent board, enhancing governance and oversight. With 100% of its board members being independent and a commendable size of 12 members, Udac Inc demonstrates a robust structure. Their commitment to transparency is evident in their thorough auditing processes and the presence of key policies, such as conflict of interest and whistleblower protections.
A notable strength of Udac Inc is its efficient allocation of resources, with a program expense ratio of 73.68%, indicating that a significant portion of their funds is directed towards fulfilling their mission. This effective use of resources, combined with strong financial health—evidenced by a low liabilities to assets ratio of 3.87%—positions Udac Inc as a well-managed nonprofit with a commitment to its core objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Udac Inc legitimate?
Udac Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Udac 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: $93,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $676,739
For more financial information, click here
Official website here: www.udac.org
What is the mission statement of Udac Inc?
Udac Inc's mission is centered around providing tailored services to individuals facing disabilities and various challenges, catering to their preferences. The organization's primary goal is to enhance their daily lives by offering a range of community-based jobs and fostering the development of skills that boost confidence and foster a sense of community.
Official website here: www.udac.org
Who is the CEO of Udac Inc?
Karen Herman is the Executive Di of Udac Inc.
Official website here: www.udac.org
What is the revenue of Udac Inc?
Udac Inc's revenue in 2022 was $1,183,542.
Official website here: www.udac.org
Who are the executives of Udac Inc and what are their salaries?
The average compensation at Udac Inc during 2022 was $27,507. There are 28 employees at Udac Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $89,308
- Related: $0
- Other: $4,465
Official website here: www.udac.org
Where can I find the form 990 for Udac Inc?
Udac Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.udac.org
Learn more at the official website: www.udac.org
Mission Statement of Udac Inc
Udac Inc, a nonprofit organization, is dedicated to providing customized services to individuals with disabilities and those facing various challenges. Their mission is centered around empowering these individuals by offering services tailored to their unique needs and preferences. This approach allows them to live more independently and actively participate in their communities.
Udac Inc's services extend beyond mere assistance. They offer a wide range of opportunities, including community-based jobs in Duluth. These roles not only provide practical experience but also help boost the individuals' confidence and sense of belonging within their community. Furthermore, Udac Inc recognizes the importance of skill development and personal growth. They offer various programs to enhance these skills, fostering a sense of empowerment and self-sufficiency among their clients.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Udac Inc's impact lies in empowering people with disabilities and other challenges to lead more independent and fulfilling lives. By offering a range of customized services, including job opportunities within the Duluth community and skill-building programs, Udac Inc helps individuals enhance their daily experiences, build confidence, and foster a sense of community inclusion. Through their mission to provide tailored support based on individual preferences, Udac Inc plays a crucial role in promoting the well-being and autonomy of those they serve.
This information is meant to be a general summary of Udac 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: $181,617
- Program Service Revenue: $653,146
- Gross Receipts: $1,402,101
Assets and Liabilities:
- Total Assets: $5,134,643
- Total Liabilities: $269,694
- Net Assets: $4,864,949
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSUMER SERVICES
Revenue
$653,146
Organization Details
Founding Year
1969
Phone
(218) 722-5867Principal Officer
Karen Herman
Main Address
4724 MIKE COLALILLIO DRIVE, DULUTH, MN, 55807
Website
www.udac.orgIf you are a representative of Udac Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.