Overview
What is United Way Of Laurel County Inc?
United Way of Laurel County Inc is a nonprofit organization situated in London, Kentucky, specifically at 610 Sublimity School Road. Its primary mission is to support qualified nonprofit organizations operating within Laurel County. During the summer break, when school children can't receive healthy meals, United Way of Laurel County Inc allocates resources to the Summer Feeding Program, ensuring they continue to receive nourishment. With a small team of dedicated employees, the organization plays a significant role in uplifting the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The United Way Of Laurel County Inc has received an overall score of 80%, reflecting a strong performance in accountability and finance. This rating is entirely based on its Accountability & Finance score, indicating a solid commitment to effective financial management and transparency. The organization shows a commendable level of independence on its board, with all 10 members being independent, which contributes to its governance strength.
Strengths of the organization include a well-documented conflict of interest policy and regular documentation of board meeting minutes, showcasing its dedication to ethical practices. Additionally, with a low liabilities to assets ratio of 0.18%, the financial health of the organization appears stable. The program expense ratio of 80.03% further suggests that a significant portion of its resources is effectively directed toward its programs.
While the organization demonstrates strong accountability and financial practices, the rating does not reflect any potential challenges or programmatic evaluations, which are important for a comprehensive understanding of overall impact and effectiveness. However, the positive indicators in finance and governance suggest that the organization is well-managed.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Laurel County Inc legitimate?
United Way Of Laurel County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Laurel County 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: $21,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of United Way Of Laurel County Inc?
United Way of Laurel County Inc's mission is centered around providing support to qualified nonprofit organizations. Specifically, their focus is on organizations based within Laurel County, Kentucky. Their primary objective is to offer assistance to these organizations, thereby contributing to various community initiatives.
Moreover, the organization plays a crucial role in providing support for a Summer Feeding Program. This program aims to ensure that school children in Laurel County receive nutritious meals during their summer break, a period when they typically miss out on these meals at school.
In essence, United Way of Laurel County Inc serves as a vital resource for local nonprofit organizations, providing them with the necessary support to carry out their missions and contribute positively to their communities. Additionally, their Summer Feeding Program underscores their commitment to addressing the nutritional needs of children during their summer break.
Who is the CEO of United Way Of Laurel County Inc?
Judy Nicholson is the Executive Di of United Way Of Laurel County Inc.
What is the revenue of United Way Of Laurel County Inc?
United Way Of Laurel County Inc's revenue in 2022 was $97,491.
Who are the executives of United Way Of Laurel County Inc and what are their salaries?
The average compensation at United Way Of Laurel County Inc during 2022 was $21,000. There is 1 employee at United Way Of Laurel County Inc.
Here are 7 key members and their salaries:
- Compensation: $21,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for United Way Of Laurel County Inc?
United Way Of Laurel County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Way Of Laurel County Inc
United Way of Laurel County Inc is committed to offering support to qualified nonprofit organizations within its jurisdiction. The organization's mission is centered around providing assistance to these organizations, which in turn, contribute to the betterment of their respective communities. By offering its resources, United Way of Laurel County Inc aims to foster a stronger, more resilient network of nonprofits, each working towards various social causes.
In practice, this mission translates into providing essential support to these nonprofit organizations. For instance, in the context of the Summer Feeding Program, United Way of Laurel County Inc allocated funds to ensure that school children in Laurel County, Kentucky, received nutritious meals during their summer break. This initiative underscores the organization's dedication to nurturing the well-being of its community, even in the absence of regular school meals. By supporting these nonprofit organizations, United Way of Laurel County Inc plays a pivotal role in addressing various societal needs and fostering a healthier, more inclusive community.
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Impact
October, 2024
United Way of Laurel County Inc plays a pivotal role in enhancing the well-being of the community by providing essential support to various organizations in Laurel County, Kentucky. One of their significant impacts is illustrated through their Summer Feeding Program, which ensures that school children receive nutritious meals during summer breaks—times when they are unable to access healthy food through school. This initiative addresses food insecurity, allowing children to maintain their health and well-being even when school is not in session. By facilitating this vital support, United Way of Laurel County Inc actively contributes to the overall quality of life in the area, fostering a healthier and more resilient community.
This information is meant to be a general summary of United Way Of Laurel County 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: $5,286
- Gross Receipts: $97,491
Assets and Liabilities:
- Total Assets: $648,774
- Total Liabilities: $1,369
- Net Assets: $647,405
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Organization Details
Founding Year
1956
Phone
(606) 330-0702Principal Officer
Judy Nicholson
Main Address
610 SUBLIMITY SCHOOL ROAD, LONDON, KY, 40744
NTEE Category
Code: T00 - Philanthropy
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