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United Way Of Central Virginia Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540505923 ✦ Lynchburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is United Way Of Central Virginia Inc?

United Way of Central Virginia Inc, located in Lynchburg, Virginia, is a dedicated nonprofit organization committed to enhancing the quality of life in their community. They raise funds through annual campaigns, with contributions going towards supporting over 58,000 individuals in Central Virginia. The funding decisions are made by volunteer assessors, who evaluate the needs and make recommendations for approval by the organization's board. United Way continues to collaborate with various programs, focusing on education readiness. They also run the Weekend Food Backpack Program in three schools, providing nourishment to young students through their food distribution partner, Food for Thought. Furthermore, United Way works in partnership with local organizations, such as the Blue Ridge Area Food Bank and area churches, to establish summer feeding outreach programs in Bedford and Campbell County, serving communities like Brookneal, Rustburg, and Big Island. Their mission is to mobilize the compassionate power of their community to address these vital issues and make a positive impact on the lives of those in Central Virginia.


Official website here: www.unitedwaycv.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

The United Way of Central Virginia Inc has been rated with an 86% score, indicating a robust performance overall, particularly in accountability and finance. The organization boasts a high program expense ratio of 89.45%, which suggests that a significant portion of its expenditures is directed toward its programs. Furthermore, the nonprofit has a fully independent board, demonstrating a strong commitment to governance and oversight.

User feedback highlights the organization’s effective marketing strategies and strong relationships with donors, which contribute to its fundraising success. Reviewers appreciate the volunteer-based allocations process that ensures funds are distributed to impactful human service nonprofits in the region. This structured approach has garnered positive community feedback, reflected in an impressive score of 100 for constituent feedback and usage practices.

Despite its strengths, the organization seems to have room for improvement in its culture and community score, which is lower than its accountability score. Continued focus on enhancing community engagement and outreach could elevate its overall impact and perception within the Central Virginia area.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is United Way Of Central Virginia Inc legitimate?

United Way Of Central Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Central Virginia 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: $164,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $509,266

For more financial information, click here


Official website here: www.unitedwaycv.org

What is the mission statement of United Way Of Central Virginia Inc?

The mission of United Way of Central Virginia Inc. is to mobilize the compassionate power within their community to enhance the quality of lives in Central Virginia. They accomplish this by identifying and addressing the needs of over 58,000 unduplicated individuals in the region. This is achieved through their annual campaign, where volunteers evaluate needs and make funding recommendations to the United Way board for approval. United Way of Central Virginia works closely with various programs to address education readiness, and they have implemented initiatives such as the Weekend Food Backpack Program and Summer Feeding Outreach Programs in collaboration with community partners.


Official website here: www.unitedwaycv.org

Who is the CEO of United Way Of Central Virginia Inc?

Kim Soerenson is the Principal Officer of United Way Of Central Virginia Inc. The CEO's salary of United Way Of Central Virginia Inc is $6,769 and their total compensation is $7,219.


Official website here: www.unitedwaycv.org

What is the revenue of United Way Of Central Virginia Inc?

United Way Of Central Virginia Inc's revenue in 2022 was $3,230,219.


Official website here: www.unitedwaycv.org

Who are the executives of United Way Of Central Virginia Inc and what are their salaries?

The average compensation at United Way Of Central Virginia Inc during 2022 was $35,439. There are 19 employees and 700 volunteers at United Way Of Central Virginia Inc.


Here are 22 key members and their salaries (United Way Of Central Virginia Inc's CEO's salary is $6,769 and their total compensation is $7,219):


Jan Walker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara Rosser (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Nexsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Parry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Condrey (Fund Distribution Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart F Whetsell (Campaign Chair 2020)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nat Marshall (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Babkow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Fast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Huyett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Krakora (Interim Ceo)
  • Compensation: $6,769
  • Related: $0
  • Other: $450
Allison Morrison-Shetlar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Proffitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethel Reeves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dustin Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr George Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Smyth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vikessa Stultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Varner (President & Ceo)
  • Compensation: $101,296
  • Related: $0
  • Other: $10,255


Official website here: www.unitedwaycv.org

Where can I find the form 990 for United Way Of Central Virginia Inc?

United Way Of Central Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unitedwaycv.org

Learn more at the official website: www.unitedwaycv.org

Mission Statement of United Way Of Central Virginia Inc

United Way of Central Virginia, Inc., is an organization that harnesses the compassionate power of its community to enhance the lives of individuals in Central Virginia. Its primary objective is to improve the overall quality of life in the region by mobilizing resources and mobilizing efforts towards this end. The organization achieves this by evaluating the needs of the community and making strategic funding recommendations to address these issues. United Way of Central Virginia, Inc., works closely with various programs, particularly in the area of education readiness, to ensure that individuals in Central Virginia have access to the necessary resources to thrive.

During its annual campaign, United Way of Central Virginia, Inc., successfully raised over $1.8 million to support more than 58,000 underserved individuals in the region. The organization's commitment to addressing community needs extends to initiatives such as the Weekend Food Backpack Program, which provides food assistance to students in three local schools. United Way of Central Virginia, Inc., also collaborates with community partners, including the Blue Ridge Area Food Bank and local churches, to establish summer feeding outreach programs in Bedford and Campbell County, serving communities like Brookneal, Rustburg, and Big Island. Through its various initiatives, United Way of Central Virginia, Inc., demonstrates its dedication to improving the lives of individuals in Central Virginia, leveraging the compassionate power of the community to make a tangible impact.

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Impact




July, 2024

United Way Of Central Virginia Inc's impact can be seen in its efforts to improve the quality of lives in Central Virginia. Through raising over $1.8 million during its annual campaign, the organization was able to make a significant impact on more than 58,000 individuals in the region. Volunteers played a crucial role in evaluating the needs of the community and making funding recommendations to the United Way board for approval.

One of the key focus areas for United Way Of Central Virginia was education readiness. The organization worked with numerous programs to address this issue, including continuing the Weekend Food Backpack Program for three schools. Modifications were made to ensure that food packs were provided through a food distribution partner, Food For Thought.

In addition, United Way Of Central Virginia collaborated with community partners such as the Blue Ridge Area Food Bank and area churches to establish summer feeding outreach programs in Bedford and Campbell County. These efforts reached areas like Brookneal, Rustburg, and Big Island, demonstrating the organization's commitment to addressing food insecurity in the region.




This information is meant to be a general summary of United Way Of Central Virginia 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.

Revenue
$3,230,219 (2022)
Expenses
$3,540,347 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,592
  • Gross Receipts: $3,252,585

Assets and Liabilities:

  • Total Assets: $2,499,491
  • Total Liabilities: $1,197,999
  • Net Assets: $1,301,492

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Organization Details

Founding Year

1955

Principal Officer

Kim Soerenson

Main Address

1010 MILLER PARK SQUARE, LYNCHBURG, VA, 245012755

NTEE Category

Code: Z99 - Unknown

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