Overview
What is Veterans United Foundation?
Veterans United Foundation, an organization substantially funded and inspired by employees of Veterans United Home Loans, is a nonprofit entity dedicated to making a significant impact in the lives of veterans, service members, their families, and local communities. The foundation supports individuals and families associated with the U.S. military through monetary gifts, scholarships, and non-monetary expenditures such as care packages and charitable items. Applications are considered for donations and gifts, regardless of the recipient's military status or community location. The foundation's mission is driven by the passion, generosity, and unwavering commitment of its founders to give back and make a meaningful difference in the lives of those they serve.
Official website here: www.enhancelives.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)**
The Veterans United Foundation has achieved a commendable 92% rating on Charity Navigator, which highlights its strong performance in Accountability and Finance. With a perfect score in several areas, including independent board membership and financial oversight, the organization demonstrates effective governance and responsible financial management. However, it is important to note that the foundation is missing policies regarding whistleblower protections and document retention, which are areas for improvement.
In terms of financial health, the foundation displays exceptional program expense ratios, indicating that a significant portion of its funds goes directly to supporting its mission. The organization shows effective fundraising efficiency and maintains a solid working capital ratio, which contributes to its long-term sustainability. While the foundation excels in many areas, the absence of certain policies may raise questions about its operational robustness.
Currently, no user reviews are available from GreatNonprofits, limiting insights into the public's direct experiences with the organization. Overall, Veterans United Foundation appears to be a well-run nonprofit with a clear commitment to its mission, though it may benefit from addressing its policy gaps.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans United Foundation legitimate?
Veterans United Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans United Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,632
For more financial information, click here
Official website here: www.enhancelives.com
What is the mission statement of Veterans United Foundation?
The Veterans United Foundation, established and significantly funded by the employees of Veterans United Home Loans, is driven by passion, generosity, and an unwavering commitment to give. Its mission is to make a meaningful impact in the lives of veterans and service members, as well as their families, and contribute positively to the local communities served by Veterans United. The foundation aims to enhance lives and enact change, demonstrating its dedication to making a significant difference in various aspects of these communities.
Official website here: www.enhancelives.com
Who is the CEO of Veterans United Foundation?
Erik Morse is the President of Veterans United Foundation.
Official website here: www.enhancelives.com
What is the revenue of Veterans United Foundation?
Veterans United Foundation's revenue in 2022 was $10,604,307.
Official website here: www.enhancelives.com
Who are the executives of Veterans United Foundation and what are their salaries?
There 7 volunteers at Veterans United Foundation.
Here are 7 key members and their salaries:
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Official website here: www.enhancelives.com
Where can I find the form 990 for Veterans United Foundation?
Veterans United Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.enhancelives.com
Learn more at the official website: www.enhancelives.com
Mission Statement of Veterans United Foundation
Veterans United Foundation, an organization inspired and substantially funded by the employees of Veterans United Home Loans, is committed to making a meaningful difference in various aspects of life. With a strong sense of passion, generosity, and an unwavering commitment to give, this nonprofit organization is dedicated to enhancing the lives of veterans and service members, as well as the employees and their families. Beyond this, Veterans United Foundation extends its reach to enrich local communities served by Veterans United. The mission of this foundation is rooted in the belief that every individual and community deserves support and improvement, and it strives to make a tangible impact in their lives.
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Impact
July, 2024
Veterans United Foundation makes a significant impact by enhancing the lives of veterans, service members, employees, and their families. The foundation provides support through monetary gifts, scholarships, care packages, and other charitable items to individuals actively serving or veterans of the U.S. military. Additionally, they extend their support to organizations in communities served by Veterans United Home Loans' offices. By funding deserving individuals and organizations without regard to military status or community location, Veterans United Foundation demonstrates a deep commitment to making a meaningful difference in the lives of those who have served our country.
This information is meant to be a general summary of Veterans United Foundation. 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: $73,367
- Gross Receipts: $45,689,806
Assets and Liabilities:
- Total Assets: $39,387,904
- Total Liabilities: $7,608,508
- Net Assets: $31,779,396
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Organization Details
Founding Year
2011
Phone
(573) 876-2600Principal Officer
Erik Morse
Main Address
1400 VETERANS UNITED DRIVE, COLUMBIA, MO, 65203
Website
www.enhancelives.comNTEE Category
Code: T30 - Philanthropy
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