Overview
What is Cumberland Trails United Way Inc?
Cumberland Trails United Way Inc is a nonprofit organization that works tirelessly to help those in need within four counties. They channel funds to 22 local agencies, providing essential support to various sectors such as food banks, abuse shelters, boy scouts, and literacy groups. In times of immediate disasters, they also extend a helping hand. Their primary mission is to alleviate hardships faced by individuals, ensuring that essential services remain accessible.
Official website here: www.ctuw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Cumberland Trails United Way Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on the accountability and finance beacon, reflecting the organization's commitment to transparency and responsible management of funds.
The charity excels in several areas, including having a fully independent board with ten members and no material diversion of assets, which demonstrates strong governance practices. All required policies are in place, except for the whistleblower policy and document retention policy, which were not listed, suggesting areas for improvement in compliance.
Financially, the organization shows a perfect program expense ratio of 100%, indicating that all of its resources are allocated to its programs. It also maintains a zero liability to assets ratio, showcasing a strong financial position. Overall, while the charity performs well in many aspects, attention to the missing policies could enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Cumberland Trails United Way Inc legitimate?
Cumberland Trails United Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland Trails United Way 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: $0
For more financial information, click here
Official website here: www.ctuw.org
What is the mission statement of Cumberland Trails United Way Inc?
Cumberland Trails United Way Inc's primary mission is to provide financial aid to individuals in need. They accomplish this by making donations to various organizations such as food banks, abuse shelters, boy scouts, and literacy groups. In case of immediate disasters, they also offer assistance. Their reach extends to 22 agencies situated in four different counties. Their objective is to alleviate hardships and support these organizations in their respective efforts.
Official website here: www.ctuw.org
Who is the CEO of Cumberland Trails United Way Inc?
Michael C Foley is the Executive Director of Cumberland Trails United Way Inc.
Official website here: www.ctuw.org
What is the revenue of Cumberland Trails United Way Inc?
Cumberland Trails United Way Inc's revenue in 2022 was $29,027.
Official website here: www.ctuw.org
Who are the executives of Cumberland Trails United Way Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.ctuw.org
Where can I find the form 990 for Cumberland Trails United Way Inc?
Cumberland Trails United Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ctuw.org
Learn more at the official website: www.ctuw.org
Mission Statement of Cumberland Trails United Way Inc
Cumberland Trails United Way is an organization dedicated to providing aid to individuals in need. Their primary mission involves channeling donations to various agencies, including food banks, abuse shelters, boy scout groups, organizations responding to immediate disasters, and literacy programs. This nonprofit serves a network of 22 agencies across four counties, ensuring that their resources reach a wide range of individuals and communities. By funding these agencies, Cumberland Trails United Way plays a crucial role in addressing various aspects of poverty and hardship, offering support in food, shelter, education, and disaster relief.
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Impact
August, 2024
Cumberland Trails United Way Inc's impact is evident in their dedicated efforts to provide funding assistance to needy individuals. Through donations to food banks, abuse shelters, boy scouts, immediate disaster relief efforts, and literacy groups, they directly support and uplift individuals facing various challenges. Serving 22 agencies across four counties, their work has a significant impact on the communities they serve, embodying the spirit of philanthropy and making a tangible difference in the lives of those in need.
This information is meant to be a general summary of Cumberland Trails United Way 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: $32
- Gross Receipts: $29,027
Assets and Liabilities:
- Total Assets: $72,222
- Total Liabilities: $0
- Net Assets: $72,222
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Organization Details
Founding Year
1986
Principal Officer
Michael C Foley
Main Address
PO BOX 2092, MIDDLESBORO, KY, 40965
Website
www.ctuw.orgNTEE Category
Code: T70Z - Philanthropy
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