Overview
What is Valley United Fund Inc?
Valley United Fund Inc is a nonprofit organization situated in West Point, Georgia. Its primary mission is to collect funds and distribute them to qualified exempt organizations, enabling these organizations to sustain their operations. By raising funds, Valley United Fund Inc plays a crucial role in supporting various community services and initiatives in the area. The organization operates within the limits set by its mission, ensuring that the funds it collects are used effectively and efficiently for the betterment of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two Stars)
Valley United Fund Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas for improvement, particularly concerning accountability and transparency. With an overall score of 73%, the organization has demonstrated strengths in having a fully independent board and no material diversion of assets, both of which are critical for maintaining trust and governance integrity.
However, several key policies and documentation required for effective oversight are absent. The failure to provide a conflict of interest policy, whistleblower policy, and proper document retention protocols has impacted their scores in these areas significantly. Additionally, the absence of their website link on tax forms and board meeting minutes documentation further detracts from their overall accountability assessment.
Despite achieving a perfect program expense ratio, indicating that all funds are directed toward programs, the lack of necessary policies and transparency measures suggests that potential donors should exercise caution. Addressing these deficiencies could enhance their rating and public trust in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Valley United Fund Inc legitimate?
Valley United Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley United Fund 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Valley United Fund Inc?
Valley United Fund Inc's mission is centered around raising funds to support participating agencies. These agencies are qualified, exempt organizations that rely on the funds to sustain their operations. In essence, the primary goal of Valley United Fund Inc is to contribute financially to the continuity of these agencies' services and initiatives. The organization serves as a crucial financial backbone, enabling these agencies to continue their vital work in the community.
Who is the CEO of Valley United Fund Inc?
Michael Lowe Weiss is the Vice-Preside of Valley United Fund Inc.
What is the revenue of Valley United Fund Inc?
Valley United Fund Inc's revenue in 2022 was $62,806.
Who are the executives of Valley United Fund Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Valley United Fund Inc?
Valley United Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley United Fund Inc
Valley United Fund Inc, as a nonprofit organization, is committed to raising funds with the primary goal of providing financial support to participating agencies. These agencies are qualified exempt organizations that utilize these funds to sustain their operations. Valley United Fund Inc serves as a crucial financial lifeline, enabling these agencies to continue their essential services and make a positive impact in their respective communities. By providing these critical financial resources, Valley United Fund Inc is instrumental in ensuring the continued operation and success of these exempt organizations, thereby contributing to the betterment of society at large.
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Impact
August, 2024
Valley United Fund Inc's impact is significant in providing financial support to participating agencies, enabling them to continue their operations and carry out their important work. Through their fundraising efforts, Valley United Fund Inc plays a crucial role in ensuring that qualified exempt organizations receive the necessary financial resources to fulfill their missions and make a positive difference in the community. This support ultimately contributes to promoting philanthropy and addressing various social needs in the city of West Point, GA.
This information is meant to be a general summary of Valley United Fund 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: $107
- Gross Receipts: $62,806
Assets and Liabilities:
- Total Assets: $184,356
- Total Liabilities: $0
- Net Assets: $184,356
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Organization Details
Founding Year
1960
Principal Officer
Michael Lowe Weiss
Main Address
PO BOX 205, WEST POINT, GA, 31833
NTEE Category
Code: T30 - Philanthropy
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