Overview
What is Union College?
Union College is a private liberal arts institution located in Barbourville, Kentucky, with approximately 881 undergraduate and 338 graduate students. Affiliated with the United Methodist Church, Union College's mission is centered around four pillars: service to each other and communities, Appalachian culture and heritage, core affiliation with Methodism, and the liberal arts academic experience. With a total workforce of 537 employees, the college strongly commits to fostering passion for learning and inspiring lifelong growth in its students.
Official website here: www.unionky.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Union College has achieved a strong 92% score, earning a coveted Four-Star rating, which reflects a high level of accountability and financial transparency. This rating is based solely on its accountability and finance metrics, underscoring the organization's commitment to responsible financial management. The college's fiscal year 2023 data indicates an effective oversight structure, supported by an independent board composed entirely of 33 members.
The organization demonstrates robust financial practices, with a program expense ratio of 86.89%, indicating that a significant majority of its expenditures are directed towards its core mission. Furthermore, Union College has implemented comprehensive policies, such as a conflict of interest policy and a whistleblower policy, which enhances its governance framework. The absence of material diversion of assets further solidifies its standing in financial integrity.
While the organization excels in its financial accountability, no notable limitations were identified in the provided data. Overall, Union College appears to be a well-managed nonprofit, showcasing effective governance and dedication to its mission through prudent financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Union College legitimate?
Union College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union College 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: $571,520
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,310,386
For more financial information, click here
Official website here: www.unionky.edu
What is the mission statement of Union College?
Union College is a private liberal arts institution with strong ties to the United Methodist Church. The college's mission is centered around four core principles that guide its academic focus: service to others and communities, appreciation for its Appalachian culture and heritage, commitment to Methodism, and the liberal arts academic experience. The college is dedicated to fostering these pillars for each student, inspiring a passion for lifelong learning and personal growth. Union College serves its students with a sincere dedication to strengthening these values and nurturing their academic and personal development.
Official website here: www.unionky.edu
Who is the CEO of Union College?
Marcia Hawkins is the Principal Officer of Union College.
Official website here: www.unionky.edu
What is the revenue of Union College?
Union College's revenue in 2022 was $30,855,950.
Official website here: www.unionky.edu
Who are the executives of Union College and what are their salaries?
The average compensation at Union College during 2022 was $14,678. There are 537 employees and 49 volunteers at Union College.
Here are 39 key members and their salaries:
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Official website here: www.unionky.edu
Where can I find the form 990 for Union College?
Union College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unionky.edu
Learn more at the official website: www.unionky.edu
Mission Statement of Union College
Union College, a private liberal arts institution affiliated with the United Methodist Church, is dedicated to fostering a learning environment grounded in four key principles. This esteemed academic institution is committed to serving each student and its communities, nurturing the Appalachian culture and heritage, maintaining a strong connection to Methodism, and embracing the liberal arts academic experience. Union College goes above and beyond to strengthen these pillars for its students, igniting passion and fostering a lifelong love for learning.
Through its unwavering commitment to service, Union College creates an inclusive and supportive community for its students. By focusing on the needs of both the college and its surrounding areas, Union College fosters an environment where students can thrive and make a positive impact. The college's dedication to its Appalachian culture and heritage adds a unique and rich dimension to the educational experience. This history and tradition provides students with a strong sense of belonging and pride, fostering a strong connection to their academic community.
Union College's core affiliation with Methodism and the liberal arts academic experience further solidifies its mission. By integrating these principles into its curriculum and campus life, Union College offers a well-rounded education that equips students with the knowledge and skills necessary to succeed in their personal and professional endeavors. The sincere commitment to these foundational pillars empowers Union College students to grow into compassionate, engaged individuals, ready to make a difference in the world.
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Impact
October, 2024
Union College plays a significant role in shaping the academic and cultural landscape of Barbourville, Kentucky, and the surrounding Appalachian region. As a private liberal arts college affiliated with the United Methodist Church, it serves approximately 881 undergraduate and 338 graduate students, emphasizing a holistic educational experience grounded in four core pillars: service to others, appreciation of Appalachian culture, a Methodist foundation, and a dedication to liberal arts.
The college is committed to fostering a sense of community and inspiring lifelong learning among its students. With 315 individuals graduating in the 2021-2022 academic year, Union College not only contributes to the local economy but also equips its graduates with the skills and knowledge needed to make meaningful contributions to society. By prioritizing service, cultural heritage, and a well-rounded academic experience, Union College nurtures both personal and professional growth, thereby having a lasting impact on students and the larger community.
This information is meant to be a general summary of Union College. 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: $2,476,225
- Program Service Revenue: $24,140,055
- Gross Receipts: $37,078,467
Assets and Liabilities:
- Total Assets: $74,613,055
- Total Liabilities: $17,289,644
- Net Assets: $57,323,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$21,056,271
AUXILIARY
Revenue
$2,368,252
OTHER SOURCES
Revenue
$684,385
INTEREST & LATE CHARGES
Revenue
$31,147
Organization Details
Founding Year
1922
Phone
(606) 546-1204Principal Officer
Marcia Hawkins
Main Address
310 COLLEGE STREET, BARBOURVILLE, KY, 40906
Website
www.unionky.eduNTEE Category
Code: B430 - Education
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