Overview
What is United Way Of Central Minnesota?
United Way of Central Minnesota is a prominent nonprofit organization situated in St. Cloud, Minnesota. Their primary focus is to enhance community well-being by addressing three key impact areas: health, education, and financial stability. This involves tackling mental health and addiction issues within the health sector, promoting kindergarten readiness, student success, and career and college readiness in education, and addressing housing and child care concerns in financial stability. The organization also plays a crucial role in providing the community safety net, ensuring access to essential resources such as food and emergency shelter, with the initial funds raised each year. The selection of safety net programs is done by a team of experienced volunteers familiar with the agencies and community needs. United Way of Central Minnesota's mission is to improve people's lives by mobilizing the caring power of Central Minnesota. The organization employs 29 individuals.
Official website here: www.unitedwayhelps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
United Way of Central Minnesota has achieved an exceptional rating from Charity Navigator, reflecting its high standards of accountability and financial management. With a perfect score of 100%, the organization demonstrates strong governance practices, including a fully independent board of directors and comprehensive policies that safeguard against conflicts of interest and ensure financial transparency.
The nonprofit excels in financial performance, boasting a program expense ratio of 78.33%, indicating that a significant portion of its budget is allocated directly to its programs. Additionally, the fundraising efficiency ratio of $0.17 shows that the organization is effective in minimizing fundraising costs relative to the funds raised, which is a positive sign of operational efficiency.
While the rating highlights numerous strengths, it is important to consider the context of the organization's financial health. The liabilities to assets ratio stands at 28.51%, suggesting that the organization maintains a manageable level of debt. Overall, United Way of Central Minnesota appears to be a well-managed nonprofit with a solid track record of transparency and effective resource allocation.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about United Way Of Central Minnesota?
100% of 11 reviewers on Facebook recommend the United Way of Central Minnesota. Here is a summary of their reviews:
Many individuals express deep appreciation for the initiatives led by United Way of Central Minnesota, especially highlighting the Dolly Parton Imagination Library program. One user remarked on the significant impact this program has had on their children's literacy development, noting that their family has received over 200 free books over 13 years. This long-term benefit showcases the nonprofit's dedication to fostering reading and learning among young children.
Overall, the sentiment highlights a strong satisfaction with the organization's efforts in community support and child literacy. The personal stories shared reflect a genuine gratitude for the services provided, emphasizing how programs like the Imagination Library play a crucial role in enriching children's lives.
This AI summary has been generated from reviews found on Facebook.
Is United Way Of Central Minnesota legitimate?
United Way Of Central Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Central Minnesota 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: $114,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,100,158
For more financial information, click here
Official website here: www.unitedwayhelps.org
What is the mission statement of United Way Of Central Minnesota?
The mission of United Way of Central Minnesota is to enhance the lives of people in the community by harnessing the compassionate efforts of Central Minnesota. Their primary objective is to address critical issues in three key areas: health, education, and financial stability. Within these domains, they have set specific goals, such as improving mental health and addiction services in health, promoting kindergarten readiness and career readiness in education, and ensuring housing and childcare access in financial stability. The organization also plays a vital role in providing the community safety net, ensuring access to essentials like food and emergency shelter, with the initial funds raised annually. The selection of safety net programs is done by a team of experienced volunteers, while investments in the three impact areas undergo a thorough review by community volunteer teams.
Official website here: www.unitedwayhelps.org
Who is the CEO of United Way Of Central Minnesota?
Stephen Jones is the President & Ceo of United Way Of Central Minnesota. The CEO's salary of United Way Of Central Minnesota is $98,796 and their total compensation is $114,716.
Official website here: www.unitedwayhelps.org
What is the revenue of United Way Of Central Minnesota?
United Way Of Central Minnesota's revenue in 2022 was $4,184,871.
Official website here: www.unitedwayhelps.org
Who are the executives of United Way Of Central Minnesota and what are their salaries?
The average compensation at United Way Of Central Minnesota during 2022 was $41,892. There are 29 employees and 1767 volunteers at United Way Of Central Minnesota.
Here are 20 key members and their salaries (United Way Of Central Minnesota's CEO's salary is $98,796 and their total compensation is $114,716):
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Official website here: www.unitedwayhelps.org
Where can I find the form 990 for United Way Of Central Minnesota?
United Way Of Central Minnesota's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwayhelps.org
Learn more at the official website: www.unitedwayhelps.org
Mission Statement of United Way Of Central Minnesota
United Way of Central Minnesota aims to enhance people's lives by harnessing the compassionate energy of its community. Its mission is centered around improving lives by mobilizing the caring power within Central Minnesota. The organization has identified three primary community impact areas where it seeks to make significant strides: health, education, and financial stability. Within each of these impact areas, United Way has established specific goals. For instance, in health, it focuses on mental health and addiction concerns. In education, it addresses kindergarten readiness, student success, and career and college readiness. In financial stability, it tackles issues related to housing and child care.
In addition to these focused areas, United Way of Central Minnesota also plays a crucial role in providing the community safety net. This involves ensuring access to essential resources such as food and emergency shelter. The organization's first-year fundraising earnings are utilized to support these safety net programs. These programs are carefully evaluated and selected by a team of experienced volunteers who are familiar with the local agencies and community needs. The investment decisions in the three impact areas are reviewed by teams of community volunteers after the organization accepts a letter of intent and a full request for proposal. The community volunteer investment teams then make funding recommendations to the board of directors.
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Impact
July, 2024
United Way of Central Minnesota's impact is focused on improving people's lives by mobilizing the caring power of Central Minnesota. They have chosen to concentrate their efforts on three main community impact areas: health, education, and financial stability. Within these areas, United Way of Central Minnesota has set primary goals to address mental health and addiction in health, kindergarten readiness, student success, and career and college readiness in education, and housing and child care in financial stability.
Additionally, United Way of Central Minnesota provides a community safety net by ensuring access to food and emergency shelter with the first dollars raised each year. The safety net programs are carefully evaluated and selected by a team of experienced volunteers who are knowledgeable about the agencies and community needs. The organization also involves community volunteers in reviewing program investments in the three impact areas, making funding recommendations to the board of directors.
Through these strategic efforts and collaborations, United Way of Central Minnesota is making a significant impact in the St. Cloud, MN community by addressing critical issues and improving the well-being of individuals and families.
This information is meant to be a general summary of United Way Of Central Minnesota. 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: $95,556
- Program Service Revenue: $83,458
- Gross Receipts: $4,474,015
Assets and Liabilities:
- Total Assets: $5,156,621
- Total Liabilities: $1,163,404
- Net Assets: $3,993,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE REVENUE
Revenue
$83,458
Organization Details
Founding Year
1967
Phone
(320) 252-0227Principal Officer
Stephen Jones
Main Address
921 1ST ST N 200, ST CLOUD, MN, 56303
Website
www.unitedwayhelps.orgNTEE Category
Code: T00 - Philanthropy
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