Overview
What is United Methodist Foundation Of West Virginia Inc?
United Methodist Foundation of West Virginia Inc is a nonprofit organization situated in Charleston, West Virginia. Their primary focus is to support and strengthen United Methodist ministries through fundraising, management, and distribution. They aim to foster a culture of generosity, dedicating their resources to charitable and religious causes, with a particular emphasis on United Methodist initiatives. Based in Charleston, PO Box 3811, they have a team of seven employees dedicated to their mission.
Official website here: www.umfwv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The United Methodist Foundation of West Virginia Inc has achieved a notable Four-Star rating from Charity Navigator, demonstrating a high level of accountability and financial health. The score reflects the organization’s commitment to transparency and effective governance, with a perfect score in several key areas, including an entirely independent board and robust financial oversight.
Strengths of the organization include a strong commitment to ethical practices, evidenced by their well-documented conflict of interest and whistleblower policies. The foundation has a solid program expense ratio of 79.39%, indicating that a significant portion of their resources is dedicated to their mission-driven programs, which is a positive sign for donors and stakeholders.
While the data presents a strong overall performance, potential limitations are not highlighted specifically in the available information. However, like any nonprofit, ongoing monitoring of financial practices and program effectiveness is essential for continued success and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is United Methodist Foundation Of West Virginia Inc legitimate?
United Methodist Foundation Of West Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Methodist Foundation Of West 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: $338,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,684
For more financial information, click here
Official website here: www.umfwv.org
What is the mission statement of United Methodist Foundation Of West Virginia Inc?
The United Methodist Foundation of West Virginia Inc's mission is centered around fostering a culture of generosity. They accomplish this by raising, managing, and distributing funds for charitable and religious purposes, with a particular focus on United Methodist causes. Their ultimate goal is to expand and enhance United Methodist ministry in the name of Jesus Christ. The organization is committed to this mission, aiming to make a significant impact in the charitable and religious sectors.
Official website here: www.umfwv.org
Who is the CEO of United Methodist Foundation Of West Virginia Inc?
Jeff Taylor is the President And Trustee of United Methodist Foundation Of West Virginia Inc.
Official website here: www.umfwv.org
What is the revenue of United Methodist Foundation Of West Virginia Inc?
United Methodist Foundation Of West Virginia Inc's revenue in 2022 was $3,394,616.
Official website here: www.umfwv.org
Who are the executives of United Methodist Foundation Of West Virginia Inc and what are their salaries?
The average compensation at United Methodist Foundation Of West Virginia Inc during 2022 was $61,037. There are 7 employees at United Methodist Foundation Of West Virginia Inc.
Here are 24 key members and their salaries:
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Official website here: www.umfwv.org
Where can I find the form 990 for United Methodist Foundation Of West Virginia Inc?
United Methodist Foundation Of West Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umfwv.org
Learn more at the official website: www.umfwv.org
Mission Statement of United Methodist Foundation Of West Virginia Inc
The United Methodist Foundation of West Virginia Inc, as a mission-driven organization, is committed to fostering a culture of generosity. Its primary objective is to collect, manage, and distribute funds for charitable and religious purposes, with a particular focus on causes aligned with the United Methodist faith. The Foundation's mission is to expand and enhance the United Methodist ministry in the name of Jesus Christ, contributing to the betterment of the community and furthering the values of this religious denomination. By actively raising, managing, and distributing funds, the United Methodist Foundation of West Virginia Inc plays a crucial role in supporting and advancing United Methodist causes, thereby contributing to a more compassionate and generous society.
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Impact
July, 2024
United Methodist Foundation Of West Virginia Inc fosters a culture of generosity focused on enhancing United Methodist ministry in the name of Jesus Christ. Through raising, managing, and distributing funds, they have a significant impact on supporting various United Methodist causes in Charleston, WV, and beyond. Their work plays a crucial role in strengthening and expanding the reach and impact of United Methodist initiatives, ultimately benefiting individuals and communities alike.
This information is meant to be a general summary of United Methodist Foundation Of West 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,289,502
- Gross Receipts: $3,394,616
Assets and Liabilities:
- Total Assets: $121,404,337
- Total Liabilities: $55,479,846
- Net Assets: $65,924,491
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Organization Details
Founding Year
1974
Phone
(304) 342-2113Principal Officer
Jeff Taylor
Main Address
PO Box 3811, Charleston, WV, 25338
Website
www.umfwv.orgNTEE Category
Code: X12 - Religion related
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