Overview
What is Head Of The Lakes United Way?
Head of the Lakes United Way is a dedicated nonprofit organization situated in Duluth, Minnesota. Serving the communities of greater Duluth, Lake and Cook Counties, Ashland and Bayfield Counties, and Superior-Douglas County, their primary goal is to enhance the health, education, and financial stability of every individual within these regions. They achieve this by distributing funds to over 40 local nonprofits, focusing on the areas of health, education, and financial stability. Each funded program undergoes rigorous evaluation, monitoring, and measurement to ensure effectiveness and impact, ensuring investments yield positive results. United by a mission to empower individuals and strengthen communities, Head of the Lakes United Way unites caring people and mobilizes resources to make a difference in the lives of their community members. With a workforce of 16 dedicated individuals, they strive to strengthen the communities they serve.
Official website here: www.hlunitedway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star Rating)
Head Of The Lakes United Way has achieved a notable 98% score, which earns it a Four-Star rating for its exceptional accountability and financial health. This high score is derived entirely from a single beacon score focused on accountability and finance, indicating a strong commitment to transparency and responsible management of resources.
The organization boasts a fully independent board, with 100% of its members being independent, which reflects well on its governance practices. It has a robust audit and oversight committee, and there are no reported issues regarding asset diversions. Additionally, the nonprofit has comprehensive policies in place, including those for conflict of interest, whistleblower protections, and document retention.
While the program expense ratio is commendable at 68.68%, it is slightly below the optimal benchmark set by Charity Navigator but still indicates a significant portion of funds directed towards programs. Overall, Head Of The Lakes United Way demonstrates a strong commitment to accountability, although continuous monitoring of program efficiency could enhance its service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Head Of The Lakes United Way legitimate?
Head Of The Lakes United Way is a legitimate nonprofit organization registered as a 501(c)(3) entity. Head Of The Lakes United Way 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: $222,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,955
For more financial information, click here
Official website here: www.hlunitedway.org
What is the mission statement of Head Of The Lakes United Way?
Head of the Lakes United Way's mission is centered around strengthening the communities they serve by uniting people and resources. They aim to achieve this by mobilizing resources and empowering individuals, ultimately strengthening communities. The organization focuses on improving the health, education, and financial stability of every person in the communities they serve. They accomplish this by providing funding to various local nonprofits within the focus areas of health, education, and financial stability. Every program funded by Head of the Lakes United Way is evaluated, monitored, and measured for effectiveness, ensuring that investments result in tangible improvements where they are most needed.
Official website here: www.hlunitedway.org
Who is the CEO of Head Of The Lakes United Way?
Matt Hunter is the Director of Head Of The Lakes United Way.
Official website here: www.hlunitedway.org
What is the revenue of Head Of The Lakes United Way?
Head Of The Lakes United Way's revenue in 2022 was $1,656,785.
Official website here: www.hlunitedway.org
Who are the executives of Head Of The Lakes United Way and what are their salaries?
The average compensation at Head Of The Lakes United Way during 2022 was $35,085. There are 16 employees and 232 volunteers at Head Of The Lakes United Way.
Here are 24 key members and their salaries:
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- Other: $38,612
Official website here: www.hlunitedway.org
Where can I find the form 990 for Head Of The Lakes United Way?
Head Of The Lakes United Way's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hlunitedway.org
Learn more at the official website: www.hlunitedway.org
Mission Statement of Head Of The Lakes United Way
Head of the Lakes United Way, a prominent nonprofit organization, is committed to strengthening the communities it serves by uniting people and resources. Its mission is to mobilize caring individuals and allocate resources effectively, empowering individuals and enhancing community well-being in the areas of health, education, and financial stability. By funding over 40 local nonprofits within these focus areas, Head of the Lakes United Way strives to improve the lives of every person in the communities it serves.
The organization takes a proactive approach in its community investment, serving the regions of greater Duluth, Lake and Cook Counties, Ashland and Bayfield Counties, and Superior-Douglas County. Head of the Lakes United Way meticulously evaluates, monitors, and measures the effectiveness of each program it funds, ensuring that investments yield positive results and make a tangible impact in the places that need it most. This rigorous approach allows the organization to validate its investments and make a difference where it matters most in the communities it serves.
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Impact
July, 2024
Head Of The Lakes United Way's impact is significant in strengthening the communities it serves by uniting people and resources. They focus on improving the health, education, and financial stability of individuals in Northern Minnesota and Wisconsin communities, including Greater Duluth, Lake and Cook Counties, Ashland and Bayfield Counties, and Superior-Douglas County. By providing funding to over 40 local United Ways within the focus areas of health, education, and financial stability, they ensure that every program funded is evaluated, monitored, and measured for effectiveness. This validation process demonstrates that their investments yield results and make a meaningful difference where it matters most.
This information is meant to be a general summary of Head Of The Lakes United Way. 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: $1,446
- Program Service Revenue: $5,933
- Gross Receipts: $1,702,495
Assets and Liabilities:
- Total Assets: $8,000,348
- Total Liabilities: $803,468
- Net Assets: $7,196,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
2-1-1 PROGRAM
Revenue
$5,933
Organization Details
Founding Year
1922
Phone
(218) 726-4770Principal Officer
Matt Hunter
Main Address
424 W SUPERIOR STREET 402, DULUTH, MN, 558021590
Website
www.hlunitedway.orgNTEE Category
Code: T70 - Philanthropy
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