Overview
What is Souris Valley United Way?
Souris Valley United Way is a dedicated nonprofit organization situated in Minot, North Dakota. With a team of five employees, they contribute to funding various community-based programs that cater to urgent assistance, financial stability, nutrition, physical and emotional wellness, school readiness, and youth leadership. Their primary mission is to rally people, organizations, and resources to make a significant impact in enhancing education, financial stability, and health, while addressing essential human needs. They accomplish this by soliciting pledges and making payments to eligible beneficiary organizations, ensuring resources reach those in need effectively.
Official website here: www.svunitedway.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
Souris Valley United Way has earned a commendable Four-Star rating on Charity Navigator, with a high score of 91%. This rating is based entirely on the organization's Accountability & Finance metrics, indicating a strong commitment to transparency and responsible financial management. The organization boasts an independent board with 100% of members being independent, which enhances its governance and oversight capabilities.
The financial health of Souris Valley United Way is reflected in its impressive measures, such as a low liabilities to assets ratio of 14.76%, showcasing a robust financial position. The charity also demonstrates comprehensive policies for conflict of interest, whistleblower protection, and document retention, all of which contribute to its high accountability standards. Additionally, the organization’s financial statements are audited and available on its website, further promoting transparency.
However, while the organization has a strong program expense ratio of 62.54%, it falls short of the maximum score in this area, which might suggest room for improvement in allocating funds directly towards its programs. Overall, Souris Valley United Way appears to be a reliable nonprofit with a solid financial foundation, though enhancing program spending could further elevate its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Souris Valley United Way legitimate?
Souris Valley United Way is a legitimate nonprofit organization registered as a 501(c)(3) entity. Souris Valley 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: $72,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,015
For more financial information, click here
Official website here: www.svunitedway.com
What is the mission statement of Souris Valley United Way?
Souris Valley United Way's mission is to mobilize individuals, organizations, and resources in an impactful effort to address education, financial stability, health, and basic human needs. This non-profit organization collects pledges and makes payments to qualified beneficiary organizations. The contributions received are utilized to fund community-based programs that offer services for emergency assistance, financial stability, nutrition, physical and emotional wellness, school readiness, and youth leadership. In essence, Souris Valley United Way strives to improve the overall well-being of its community by addressing various societal concerns.
Official website here: www.svunitedway.com
Who is the CEO of Souris Valley United Way?
Christy Miller is the Director of Souris Valley United Way.
Official website here: www.svunitedway.com
What is the revenue of Souris Valley United Way?
Souris Valley United Way's revenue in 2023 was $819,827.
Official website here: www.svunitedway.com
Who are the executives of Souris Valley United Way and what are their salaries?
The average compensation at Souris Valley United Way during 2023 was $40,348. There are 5 employees and 618 volunteers at Souris Valley United Way.
Here are 12 key members and their salaries:
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- Compensation: $73,499
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- Other: $2,205
Official website here: www.svunitedway.com
Where can I find the form 990 for Souris Valley United Way?
Souris Valley United Way's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.svunitedway.com
Learn more at the official website: www.svunitedway.com
Mission Statement of Souris Valley United Way
Souris Valley United Way is an organization that actively mobilizes individuals, organizations, and resources in an impactful endeavor to advance education, financial stability, and health while addressing basic human needs. This nonprofit's mission is multifaceted, aimed at improving various aspects of community life.
In alignment with its mission, Souris Valley United Way collects pledges and makes payments to qualifying beneficiary organizations. These contributions are then utilized to fund community-based programs that offer services in several vital areas. These areas include emergency assistance, financial stability, nutrition, physical and emotional wellness, school readiness, and youth leadership. By supporting these programs, Souris Valley United Way works towards enhancing the overall well-being of individuals and communities, thereby contributing positively to society.
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Impact
July, 2024
Souris Valley United Way's impact is felt through its mobilization of people, organizations, and resources in an impactful effort to advance education, financial stability, and health while addressing basic human needs in Minot, ND. The organization solicits pledges and makes payments to qualifying beneficiary organizations whose community-based programs provide services for emergency assistance, financial stability, nutrition, physical and emotional wellness, school readiness, and youth leadership. Through these efforts, Souris Valley United Way plays a crucial role in improving the well-being and quality of life for individuals and families in the community.
This information is meant to be a general summary of Souris Valley 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 2023.
- Investment Income: $1,746
- Gross Receipts: $823,982
Assets and Liabilities:
- Total Assets: $1,895,489
- Total Liabilities: $279,933
- Net Assets: $1,615,556
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Organization Details
Founding Year
1930
Phone
(701) 839-2994Principal Officer
Christy Miller
Main Address
300 3RD AVE SW STE F, MINOT, ND, 58701
Website
www.svunitedway.comNTEE Category
Code: T70Z - Philanthropy
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