Overview
What is United Way Of Henderson County?
United Way of Henderson County serves as a centralized platform for charitable donations, contributing funds to various community non-profit organizations in Henderson County, Kentucky. These organizations provide a range of essential services to the public, including charitable, educational, medical, and legal assistance, on a non-discriminatory basis. The non-profit organization, with a modest workforce of three individuals, functions as a facilitator, channeling resources to enhance the well-being and support of the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
United Way of Henderson County has received a solid Three-Star rating from Charity Navigator, reflecting an 80% score primarily based on Accountability and Finance metrics. This rating is significant as it indicates a strong commitment to financial health and transparency, which are critical factors for donors when assessing nonprofit organizations.
The organization showcases notable strengths, including a fully independent board comprising 13 members, adherence to conflict of interest policies, and effective documentation of board meeting minutes. Additionally, its liabilities to assets ratio is commendably low at 11.98%, and a robust 73.52% of its expenses are directed toward its programs, further highlighting its efficiency in resource allocation.
While the rating is positive, it is essential for donors to continually evaluate the impact and effectiveness of the organization's programs beyond financial metrics. Overall, United Way of Henderson County demonstrates a strong foundation in accountability and financial management, suggesting it is a viable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Henderson County legitimate?
United Way Of Henderson County is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Henderson County 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: $145,528
For more financial information, click here
What is the mission statement of United Way Of Henderson County?
United Way of Henderson County serves as a centralized platform for charitable donations. Its mission is to support various community non-profit organizations that provide essential services such as charitable, educational, medical, and legal aid to the public on a non-discriminatory basis. The organization acts as a facilitator, channeling funds to these organizations to help them continue their vital work in the community. By doing so, United Way of Henderson County contributes to the betterment of the community by addressing a wide range of societal needs.
What is the revenue of United Way Of Henderson County?
United Way Of Henderson County's revenue in 2023 was $510,816.
Who are the executives of United Way Of Henderson County and what are their salaries?
The average compensation at United Way Of Henderson County during 2023 was $48,509. There are 3 employees and 50 volunteers at United Way Of Henderson County.
Here are 12 key members and their salaries:
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Where can I find the form 990 for United Way Of Henderson County?
United Way Of Henderson County's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of United Way Of Henderson County
United Way of Henderson County serves as a centralized platform for charitable donations. Its mission is to channel funds towards various community non-profit organizations that offer a range of services to the public on a non-discriminatory basis. These services encompass educational, medical, legal, and charitable facilities, among others. By functioning as a centralized agency, United Way of Henderson County plays a crucial role in supporting the well-being and development of the community, ensuring that essential services are readily available to those in need.
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Impact
July, 2024
United Way of Henderson County plays a crucial role in supporting the community by funding various nonprofit organizations that provide charitable, educational, medical, and legal services among others to the public on a non-discriminatory basis. Their impact can be seen in the improved access to these essential services for residents in need. Through their centralized approach to charitable donations, United Way of Henderson County is able to efficiently allocate resources to address key social issues and make a positive difference in the lives of individuals and families in the area.
This information is meant to be a general summary of United Way Of Henderson County. 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: $58,997
- Gross Receipts: $510,816
Assets and Liabilities:
- Total Assets: $1,979,255
- Total Liabilities: $237,275
- Net Assets: $1,741,980
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Organization Details
Founding Year
1955
Principal Officer
Nick Whitt
NTEE Category
Code: T70Z - Philanthropy
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