Overview
What is United Way Of Northeast Arkansas?
United Way of Northeast Arkansas serves as a charitable organization, overseen by Nanette Heard, situated in Jonesboro, Arkansas. Its primary mission is to distribute funds to tax-exempt organizations, aiming to contribute positively to the community. This philanthropic endeavor supports various initiatives and projects within its jurisdiction.
Official website here: www.uwnea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%
United Way Of Northeast Arkansas has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With a score of 93%, the organization demonstrates effective governance, including a fully independent board of 21 members and a comprehensive audit and oversight committee. The charity adheres to best practices by having established conflict of interest and whistleblower policies, as well as maintaining transparent documentation of board meeting minutes.
Strengths include a high program expense ratio of 70.56%, suggesting that a significant portion of its funds is directed towards its programs and services. Additionally, United Way Of Northeast Arkansas has no reported material diversion of assets, further reflecting its commitment to responsible financial management. The organization is transparent in its operations, with key documents accessible on its tax forms, enhancing trust among stakeholders.
While the overall rating is commendable, the liabilities to assets ratio at 53.89% indicates that the organization may be managing a substantial level of debt relative to its assets. This could be a potential area for improvement, as it may affect the organization's long-term financial stability. Nonetheless, the organization’s strong governance and focus on programmatic spending are significant strengths that contribute to its positive reputation.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Northeast Arkansas legitimate?
United Way Of Northeast Arkansas is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Northeast Arkansas 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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Other Salaries and Wages: $154,620
For more financial information, click here
Official website here: www.uwnea.org
What is the mission statement of United Way Of Northeast Arkansas?
United Way of Northeast Arkansas serves as a philanthropic organization, dedicated to providing financial support to tax-exempt organizations. Its primary mission is to allocate resources to these organizations, aiming to positively impact various communities and causes. The organization's role is to identify and fund worthy initiatives that align with its mission, contributing to the betterment of society as a whole.
Official website here: www.uwnea.org
Who is the CEO of United Way Of Northeast Arkansas?
Heather Coats is the Board Member of United Way Of Northeast Arkansas.
Official website here: www.uwnea.org
What is the revenue of United Way Of Northeast Arkansas?
United Way Of Northeast Arkansas's revenue in 2022 was $692,221.
Official website here: www.uwnea.org
Who are the executives of United Way Of Northeast Arkansas and what are their salaries?
The average compensation at United Way Of Northeast Arkansas during 2022 was $25,770. There are 6 employees at United Way Of Northeast Arkansas.
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Official website here: www.uwnea.org
Where can I find the form 990 for United Way Of Northeast Arkansas?
United Way Of Northeast Arkansas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwnea.org
Learn more at the official website: www.uwnea.org
Mission Statement of United Way Of Northeast Arkansas
United Way of Northeast Arkansas is a philanthropic organization that is committed to providing financial support to tax-exempt organizations. Its mission is to serve as a funding source for these organizations, aiming to contribute positively to various sectors and communities. Led by Nanette Heard, this organization operates with the goal of distributing funds to eligible organizations, thereby contributing to their cause and promoting social welfare. The specific projects or areas of focus for the organizations that receive funding may vary, but the underlying objective remains the same: to utilize financial resources to drive positive change and promote the well-being of communities.
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Impact
July, 2024
United Way of Northeast Arkansas plays a crucial role in supporting and strengthening our community by providing funding for tax-exempt organizations. Through their philanthropic efforts, they work tirelessly to address pressing social issues and make a positive impact on the lives of individuals and families in need. Led by Nanette Heard and based in Jonesboro, AR, United Way of Northeast Arkansas is dedicated to advancing the well-being of our community through strategic grantmaking and collaborative partnerships. Their work helps to improve the quality of life for many, demonstrating the power of collective giving and action in creating positive change.
This information is meant to be a general summary of United Way Of Northeast Arkansas. 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: -$8,689
- Gross Receipts: $692,221
Assets and Liabilities:
- Total Assets: $1,090,635
- Total Liabilities: $587,839
- Net Assets: $502,796
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Organization Details
Phone
(870) 935-3658Principal Officer
Heather Coats
Main Address
407 UNION STREET, JONESBORO, AR, 72401
Website
www.uwnea.orgNTEE Category
Code: T70Z - Philanthropy
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