Overview
What is Watertown Area United Way Inc?
Watertown Area United Way Inc is a local nonprofit organization, situated in Watertown, South Dakota. It serves to address the essential needs of the community's residents by raising funds annually through a capital campaign. These funds are then distributed to various nonprofit organizations in the area the following year. Their primary mission is to contribute to the overall well-being of Watertown's residents, showcasing their commitment to human care and support. With a modest workforce of one dedicated individual, they strive to make a significant impact in their community.
Official website here: www.watertownunitedway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Watertown Area United Way Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance overall. The organization’s score reflects its commitment to accountability and finance, which earned a score of 71. Additionally, the organization has shown strong leadership and adaptability, achieving a perfect score of 100 in that area, signifying effective governance and management practices.
The organization also scored well in culture and community, with a score of 79, suggesting an active engagement with its local community and a positive organizational culture. The reported implementation of four equity practices highlights its commitment to inclusivity and addressing community needs equitably.
While the scores overall are commendable, the accountability and finance score indicates that there may be areas for improvement. Stakeholders may want to monitor the organization’s financial transparency and sustainability practices as they continue to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Watertown Area United Way Inc legitimate?
Watertown Area United Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watertown Area United Way 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,552
For more financial information, click here
Official website here: www.watertownunitedway.org
What is the mission statement of Watertown Area United Way Inc?
Watertown Area United Way Inc's mission is centered around assisting in meeting the human care needs of its local community. This organization strives to achieve this goal by holding an annual capital fund campaign, aiming to raise funds for various nonprofit organizations within the area. The money collected during this campaign is then distributed the following year to these nonprofit organizations, thereby contributing to the well-being of the local residents.
Official website here: www.watertownunitedway.org
Who is the CEO of Watertown Area United Way Inc?
Laura Heathcote is the Director of Watertown Area United Way Inc.
Official website here: www.watertownunitedway.org
What is the revenue of Watertown Area United Way Inc?
Watertown Area United Way Inc's revenue in 2022 was $470,793.
Official website here: www.watertownunitedway.org
Who are the executives of Watertown Area United Way Inc and what are their salaries?
The average compensation at Watertown Area United Way Inc during 2022 was $50,552. There is 1 employee at Watertown Area United Way Inc.
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Official website here: www.watertownunitedway.org
Where can I find the form 990 for Watertown Area United Way Inc?
Watertown Area United Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watertownunitedway.org
Learn more at the official website: www.watertownunitedway.org
Mission Statement of Watertown Area United Way Inc
Watertown Area United Way Inc is an organization committed to assisting in meeting the human care needs of residents within its community. It strives to fulfill this mission by conducting an annual capital fund campaign, raising funds that are then distributed to various nonprofit organizations in the area the following year. The primary goal of Watertown Area United Way Inc is to contribute to the well-being of its local residents, ensuring that they have access to necessary resources and support.
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Impact
July, 2024
Watertown Area United Way Inc plays a significant role in addressing the human care needs of Watertown area residents by conducting annual capital fund campaigns to raise essential resources for local organizations. The impact of this organization extends beyond fundraising to the distribution of these funds to support various community initiatives, ultimately enhancing the quality of life for individuals in need. Through this philanthropic commitment, Watertown Area United Way Inc is actively contributing to the betterment of its community.
This information is meant to be a general summary of Watertown Area United Way 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: $3,702
- Gross Receipts: $470,793
Assets and Liabilities:
- Total Assets: $753,614
- Total Liabilities: $590,376
- Net Assets: $163,238
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Organization Details
Founding Year
1970
Principal Officer
Laura Heathcote
Main Address
PO BOX 283, WATERTOWN, SD, 57201
Website
www.watertownunitedway.orgNTEE Category
Code: T70Z - Philanthropy
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