Overview
What is The United Way Of Central Maryland Inc?
The United Way of Central Maryland (United Way) is a human service leader in the region, dedicated to helping individuals and families facing poverty meet their basic needs and achieve self-sufficiency for over 95 years. They foster giving, advocacy, and volunteerism within the community by developing and incubating innovative services and programs, grantmaking, collaboration, promoting volunteerism and advocacy, and mobilizing resources as a trusted fundraiser. United Way also addresses local needs and creates impact through targeted direct-service initiatives. They use expertise, data, and local knowledge to inform investment and programmatic decisions, and work with other nonprofit organizations and government agencies to develop collective impact strategies. United Way has moved beyond fundraising and grantmaking, and into creating innovative direct-service initiatives that support family stability in high-need communities. They grant funds annually to over 100 nonprofit organizations through a competitive allocation process. In FY22, they provided various types of grants, including Neighborhood, Changemaker Challenge, Neighbors United, Family Stability Program, and Directed grants.
Official website here: www.uwcm.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% - Four-Star out of Four Star rating.
The United Way of Central Maryland Inc has achieved an exemplary score of 100%, reflecting its strong commitment to accountability and financial transparency. This high rating indicates that the organization effectively manages its resources and adheres to best practices in governance, with a fully independent board and robust audit processes in place. The organization maintains a solid program expense ratio of nearly 90%, suggesting that a significant portion of its funding goes directly towards its programs.
In addition to financial accountability, the organization also scored perfectly on leadership and adaptability. This includes having a clear strategy and strong leadership capabilities, which are essential for navigating challenges and responding to community needs effectively. The measures in place for conflict of interest, whistleblower policies, and document retention further demonstrate United Way's commitment to ethical practices and operational integrity.
While the data highlights numerous strengths, the summary does not mention specific challenges or limitations faced by the organization. However, the overall rating and feedback suggest that The United Way of Central Maryland Inc is well-positioned to continue its impactful work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The United Way Of Central Maryland Inc legitimate?
The United Way Of Central Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The United Way Of Central Maryland 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: $1,773,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,473,690
For more financial information, click here
Official website here: www.uwcm.org
What is the mission statement of The United Way Of Central Maryland Inc?
The United Way of Central Maryland Inc is dedicated to enhancing lives by empowering leaders and mobilizing the compassionate force of communities. Their mission encompasses improving various aspects of life by focusing on the fundamental building blocks: education, economic advancement, housing, and health. By helping children succeed academically, ensuring individuals and families have an affordable and safe place to live, enabling people to find stable economic growth, and assisting those in need with access to nutritious food and healthcare, the organization strives for family stability at its core.
Official website here: www.uwcm.org
Who is the CEO of The United Way Of Central Maryland Inc?
Franklyn D Baker is the Member Board Of Directors of The United Way Of Central Maryland Inc. The CEO's salary of The United Way Of Central Maryland Inc is $334,320 and their total compensation is $668,640.
Official website here: www.uwcm.org
What is the revenue of The United Way Of Central Maryland Inc?
The United Way Of Central Maryland Inc's revenue in 2022 was $88,763,556.
Official website here: www.uwcm.org
Who are the executives of The United Way Of Central Maryland Inc and what are their salaries?
The average compensation at The United Way Of Central Maryland Inc during 2022 was $56,963. There are 215 employees and 16800 volunteers at The United Way Of Central Maryland Inc.
Here are 56 key members and their salaries (The United Way Of Central Maryland Inc's CEO's salary is $334,320 and their total compensation is $668,640):
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Official website here: www.uwcm.org
Where can I find the form 990 for The United Way Of Central Maryland Inc?
The United Way Of Central Maryland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwcm.org
Learn more at the official website: www.uwcm.org
Mission Statement of The United Way Of Central Maryland Inc
The United Way of Central Maryland, a renowned nonprofit organization, is dedicated to enhancing lives by empowering leaders and mobilizing the compassionate power of communities. With a focus on building a better life, this charitable institution concentrates on four essential elements: education, economic advancement, housing, and health.
At the heart of United Way of Central Maryland's mission is the commitment to family stability. This encompasses helping children prosper in their academic pursuits, ensuring individuals, children, and families have a secure, affordable place to reside, aiding people in finding stable economic advancement to cover life's necessities, and securing access to nutritious food and healthcare for neighbors in need. By addressing these fundamental aspects, United Way of Central Maryland aims to create self-sufficient families and ultimately improve the overall community.
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Impact
October, 2024
The United Way of Central Maryland has made a significant impact over its 95 years of service by empowering community leaders and mobilizing collective resources to address critical issues faced by individuals and families in the region. Its commitment to improving lives is particularly evident in its focus on family stability, which encompasses education, economic advancement, housing, and health.
Through innovative programs and strategic grantmaking, The United Way prioritizes assistance to those confronting poverty, helping them meet basic needs and achieve self-sufficiency. By investing in over 100 community-based organizations through various competitive grants, such as Neighborhood Grants and the Changemaker Challenge, The United Way catalyzes support for neighborhood initiatives that are community-led and informed.
Additionally, The United Way actively engages in collective impact strategies, bringing together stakeholders from diverse sectors to develop informed solutions to local challenges. Key areas of focus include preventing homelessness through the Family Stability Program, addressing immediate community needs arising from the COVID-19 pandemic, and enhancing the capacity of smaller nonprofit organizations to drive meaningful change.
The organization's approach includes evidence-based best practices and a strong reliance on local data to ensure that resources are directed effectively. By fostering volunteerism, advocating for systemic change, and pioneering direct-service initiatives, The United Way contributes to creating healthier, safer, and more resilient communities throughout Central Maryland.
This information is meant to be a general summary of The United Way Of Central Maryland 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: $1,585,400
- Program Service Revenue: $165,288
- Gross Receipts: $99,938,127
Assets and Liabilities:
- Total Assets: $67,768,699
- Total Liabilities: $27,793,315
- Net Assets: $39,975,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CM CERTIFICATE PROGRAM
Revenue
$164,288
MARYLAND CLIFF BENEFITS
Revenue
$1,000
Organization Details
Founding Year
1925
Phone
(410) 547-8000Principal Officer
Franklyn D Baker
Main Address
1800 WASHINGTON BOULEVARD 340, BALTIMORE, MD, 21230
Website
www.uwcm.orgNTEE Category
Code: T700 - Philanthropy
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