Overview
What is United Way Of The Cape Fear Area Inc?
United Way of the Cape Fear Area Inc is a locally governed, nonprofit organization situated in Wilmington, North Carolina. With a workforce of 86 employees, it has been actively serving Brunswick, Columbus, New Hanover, and Pender Counties for several years. The nonprofit is committed to enhancing the community's well-being by directing resources towards projects that aim to improve health and wellness, boost education outcomes, and foster financial stability. The Senior Community Service Employment program, an initiative that has been affiliated with United Way for over three decades, offers training and workforce preparation opportunities for senior citizens (55 and above). This program assists in their entry or re-entry into the workforce. In summary, United Way of the Cape Fear Area Inc is a dedicated, locally-focused organization that invests in programs and initiatives aimed at fostering a positive and sustainable impact in its community.
Official website here: www.uwcfa.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
United Way of the Cape Fear Area Inc has achieved a remarkable 96% rating, highlighting its strong performance in accountability and finance, which garnered a score of 83%. The organization benefits from a fully independent board and demonstrates excellent governance practices, including effective oversight of financial statements and a commitment to transparency through documented policies and procedures.
The nonprofit's program expense ratio of 82.31% indicates that a significant majority of its expenditures are directed towards programs rather than administration or fundraising. Furthermore, it has a low fundraising efficiency ratio of $0.13, reflecting effective fundraising practices. The organization also maintains a solid liabilities to assets ratio of 45%, showcasing good financial health.
While the organization excels in various capacities, there are noted areas for improvement in equity strategies and data collection, scoring 89 and 57 out of 100 respectively. Despite these limitations, constituent feedback is overwhelmingly positive, indicating strong community support and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of The Cape Fear Area Inc legitimate?
United Way Of The Cape Fear Area Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of The Cape Fear Area 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: $462,686
For more financial information, click here
Official website here: www.uwcfa.org
What is the mission statement of United Way Of The Cape Fear Area Inc?
United Way of the Cape Fear Area, as a locally governed and volunteer-led non-profit organization, focuses on positively impacting the community by leveraging resources. Their primary concern is to improve the health and well-being of individuals, enhance educational opportunities for children, and increase financial stability for community members. By investing in over 57 targeted programs and initiatives, they aim to achieve these goals, addressing specific community objectives in Brunswick, Columbus, New Hanover, and Pender counties.
Official website here: www.uwcfa.org
Who is the CEO of United Way Of The Cape Fear Area Inc?
Tommy Taylor is the Chair of United Way Of The Cape Fear Area Inc. The CEO's salary of United Way Of The Cape Fear Area Inc is $95,000 and their total compensation is $95,000.
Official website here: www.uwcfa.org
What is the revenue of United Way Of The Cape Fear Area Inc?
United Way Of The Cape Fear Area Inc's revenue in 2023 was $3,314,531.
Official website here: www.uwcfa.org
Who are the executives of United Way Of The Cape Fear Area Inc and what are their salaries?
The average compensation at United Way Of The Cape Fear Area Inc during 2023 was $5,380. There are 86 employees and 114 volunteers at United Way Of The Cape Fear Area Inc.
Here are 19 key members and their salaries (United Way Of The Cape Fear Area Inc's CEO's salary is $95,000 and their total compensation is $95,000):
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Official website here: www.uwcfa.org
Where can I find the form 990 for United Way Of The Cape Fear Area Inc?
United Way Of The Cape Fear Area Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uwcfa.org
Learn more at the official website: www.uwcfa.org
Mission Statement of United Way Of The Cape Fear Area Inc
United Way of the Cape Fear Area is a locally-governed, independent non-profit organization, driven by a commitment to creating positive and sustainable community impact. Their primary focus lies in investing in various programs and initiatives across Brunswick, Columbus, New Hanover, and Pender counties. This nonprofit organization is dedicated to improving the lives of local people by addressing three specific community goals: enhancing the health and wellness of individuals, fostering better educational outcomes for children, and increasing the ability of community members to achieve and maintain financial stability. By investing in thoughtful programs and initiatives, United Way of the Cape Fear Area strives to make a tangible difference in the lives of its residents, contributing to a more prosperous and engaged community.
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Impact
July, 2024
United Way of the Cape Fear Area works with the community to leverage resources and improve the lives of local people in Brunswick, Columbus, New Hanover, and Pender Counties. Their efforts focus on addressing community goals that aim to enhance health and wellness, improve education outcomes for children, and increase financial stability for individuals. Through their investments in 57 local programs and initiatives, United Way of the Cape Fear Area has a tangible impact on the well-being and future prospects of individuals in the Cape Fear Area. Additionally, their affiliation with the Senior Community Service Employment program has provided training and opportunities for low-income senior workers, contributing to workforce development and community support for over 30 years. In essence, United Way of the Cape Fear Area is making a positive, sustainable community impact by addressing crucial social issues in the region.
This information is meant to be a general summary of United Way Of The Cape Fear Area 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 2023.
- Investment Income: $3,378
- Gross Receipts: $3,364,438
Assets and Liabilities:
- Total Assets: $2,168,641
- Total Liabilities: $975,899
- Net Assets: $1,192,742
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Organization Details
Founding Year
1946
Phone
(910) 798-3900Principal Officer
Tommy Taylor
Main Address
127 Grace Street, Wilmington, NC, 28401
Website
www.uwcfa.orgNTEE Category
Code: T70Z - Philanthropy
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