Overview
What is United Way Of Greater Charlotte Inc?
United Way of Greater Charlotte Inc, based in Charlotte, North Carolina, is a dedicated community investment organization with a mission to promote economic mobility and provide support for individuals and families in need. They invest in over 100 local nonprofit agencies and initiatives, made possible through donations from corporations, the public sector, and individuals. Their strategic philanthropy focuses on education, health, and financial stability for the four-county region, home to nearly 1.5 million people. Through these efforts, United Way of Greater Charlotte strives to create lasting change and improve lives in their community. The organization, with a team of 41 employees, is committed to making a significant impact and ensuring that everyone has access to essential resources.
Official website here: www.unitedwaygreaterclt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% - Four-Star out of Four Star Rating
United Way of Greater Charlotte Inc has attained an impressive Four-Star rating from Charity Navigator, reflecting its outstanding accountability and financial health. The organization boasts a perfect score in both Accountability & Finance and Leadership & Adaptability, which indicates a strong commitment to transparency and effective management practices. With a fully independent board of 27 members, the nonprofit adheres to high governance standards, ensuring that its operations are conducted with integrity.
In addition to its strong financial oversight, United Way of Greater Charlotte demonstrates effective program management, with an impressive program expense ratio of 86.08%. This indicates that a significant portion of its funds is directed towards its mission-driven programs, showcasing the organization's dedication to maximizing impact for the community it serves. Furthermore, its fundraising efficiency ratio of $0.08 suggests that it effectively raises funds while keeping costs low, enhancing its overall financial sustainability.
The organization has also shown adaptability in the face of external challenges, emphasizing its ability to mobilize resources effectively for its mission. Evidence of investments in leadership development highlights its commitment to building capacity within the organization. Overall, United Way of Greater Charlotte stands out as a well-managed and impactful nonprofit dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Greater Charlotte Inc legitimate?
United Way Of Greater Charlotte Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Greater Charlotte 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: $2,529,066
For more financial information, click here
Official website here: www.unitedwaygreaterclt.org
What is the mission statement of United Way Of Greater Charlotte Inc?
United Way of Greater Charlotte Inc works towards creating lasting change in communities by addressing issues related to education, health, and financial stability. Their mission is focused on economic mobility and providing a safety net for those in need. Through strategic community philanthropy, they invest in over 100 local nonprofit agencies and initiatives, funded by generous donations from corporations, public sector, and individuals. Their efforts aim to create sustainable improvements and support those most in need across the region.
Official website here: www.unitedwaygreaterclt.org
Who is the CEO of United Way Of Greater Charlotte Inc?
Laura Yates Clark is the Director of United Way Of Greater Charlotte Inc. The CEO's salary of United Way Of Greater Charlotte Inc is $258,523 and their total compensation is $284,010.
Official website here: www.unitedwaygreaterclt.org
What is the revenue of United Way Of Greater Charlotte Inc?
United Way Of Greater Charlotte Inc's revenue in 2022 was $24,251,139.
Official website here: www.unitedwaygreaterclt.org
Who are the executives of United Way Of Greater Charlotte Inc and what are their salaries?
The average compensation at United Way Of Greater Charlotte Inc during 2022 was $61,685. There are 41 employees and 1727 volunteers at United Way Of Greater Charlotte Inc.
Here are 30 key members and their salaries (United Way Of Greater Charlotte Inc's CEO's salary is $258,523 and their total compensation is $284,010):
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Official website here: www.unitedwaygreaterclt.org
Where can I find the form 990 for United Way Of Greater Charlotte Inc?
United Way Of Greater Charlotte Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwaygreaterclt.org
Learn more at the official website: www.unitedwaygreaterclt.org
Mission Statement of United Way Of Greater Charlotte Inc
United Way of Greater Charlotte, or UWGC, is a philanthropic organization dedicated to creating lasting change in their four-county community, serving nearly 1.5 million people. Their mission is threefold: to promote education, improve health, and ensure financial stability for those in need. UWGC invests in over 100 local nonprofit agencies and initiatives, making a significant impact on economic mobility and providing a safety net for individuals and families. Through the generosity of corporate, public sector, and individual donors, UWGC's community investment process supports a wide range of programs and services. By focusing on education, UWGC helps ensure that children are prepared for success in school and beyond. In the realm of health, the organization supports initiatives that improve access to essential services and promote overall wellbeing. Lastly, UWGC's financial stability efforts aim to empower individuals to build secure futures and break the cycle of poverty. UWGC's strategic community philanthropy is instrumental in addressing the root causes of social issues and fostering lasting, positive change.
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Impact
October, 2024
United Way of Greater Charlotte Inc combats challenges in education, health, and financial stability for community members. By focusing on economic mobility, it provides a vital safety net for individuals and families facing hardships. Each year, this organization invests in over 100 local agencies and initiatives, fueled by the generosity of corporate, public sector, and individual donors. Their commitment leads to lasting change for those most in need across the four-county region, which serves nearly 1.5 million residents. Through strategic community philanthropy, United Way of Greater Charlotte is dedicated to enriching the lives of all community members, ensuring access to essential resources and support.
This information is meant to be a general summary of United Way Of Greater Charlotte 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: $632,369
- Program Service Revenue: $59,551
- Gross Receipts: $24,251,139
Assets and Liabilities:
- Total Assets: $28,665,296
- Total Liabilities: $6,892,042
- Net Assets: $21,773,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET ADMINISTRATIVE FEE
Revenue
$59,101
Organization Details
Founding Year
1958
Phone
(704) 372-7170Principal Officer
Laura Yates Clark
Main Address
601 E FIFTH ST 350, CHARLOTTE, NC, 28202
Website
www.unitedwaygreaterclt.orgNTEE Category
Code: T700 - Philanthropy
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