Overview
What is United Way Of Central Oklahoma Inc?
United Way of Central Oklahoma Inc is a charitable organization dedicated to enhancing the well-being of local communities by supporting qualified health, youth, and human service charities. Since 1923, they have partnered with nonprofit agencies to provide expertise, resources, and solutions to meet the needs of citizens in seven central Oklahoma counties. Through an annual campaign and allocation process, they distribute donated funds to partner agencies, ensuring accountability and transparency. The organization fosters community initiatives such as recruiting and training board members, offering volunteer opportunities, and publishing research to raise awareness of community needs. United Way of Central Oklahoma Inc also manages state and municipal employee campaigns in Logan and Canadian counties. Their innovative Wayfinder Innovation Grant program supports local nonprofits with groundbreaking ideas to address community challenges. In their EmbraceOKC initiative, they collaborate with stakeholders to create comprehensive solutions for various social issues. Currently, they are active in nearly 30 community initiatives.
Official website here: www.unitedwayokc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
United Way of Central Oklahoma Inc has achieved a remarkable 100% rating from Charity Navigator, reflecting its strong performance in both accountability and financial management. The charity has demonstrated exceptional oversight with an entirely independent board and robust financial practices, ensuring a transparent and efficient allocation of resources. Its impressive program expense ratio of 88.68% indicates that the majority of funds are directed towards impactful programs, while fundraising efficiency remains high with minimal costs.
The organization also excels in leadership and adaptability, having restructured and created new positions to enhance its operational capacity. It successfully transitioned to virtual fundraising methods during the 2020 Annual Campaign, showcasing its ability to adapt to changing circumstances and maintain donor engagement. This proactive approach further emphasizes the organization's commitment to continuous improvement and responsiveness to community needs.
While the data indicates strong performance overall, it is essential for potential donors and stakeholders to consider the long-term sustainability of such financial practices and leadership structures. The organization appears well-positioned to maintain its effectiveness, but ongoing evaluation and adaptation will be key to navigating future challenges.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Central Oklahoma Inc legitimate?
United Way Of Central Oklahoma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Central Oklahoma 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: $549,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,573,993
For more financial information, click here
Official website here: www.unitedwayokc.org
What is the mission statement of United Way Of Central Oklahoma Inc?
United Way of Central Oklahoma is a charitable organization dedicated to improving the well-being of the community by connecting people and resources. With a vision to build a stronger, healthier, and more compassionate community, they accomplish this by funding and supporting qualified health, youth, and human service charities that address the needs of local communities. Through initiatives like Community Investment, they allocate donated funds from the annual campaign to partner agencies based on volunteer decisions and donor-designated choices. The organization also invests in various community programs, such as recruiting and training board members for nonprofit agencies, offering volunteer opportunities, and publishing research to raise awareness of community needs. Additionally, they manage state and municipal employee campaigns. United Way's initiatives address various social issues through collaborative solutions and partnerships, including efforts to support mental health improvements in schools and improve nonprofit boards.
Official website here: www.unitedwayokc.org
Who is the CEO of United Way Of Central Oklahoma Inc?
Debby Hampton is the Ceo of United Way Of Central Oklahoma Inc. The CEO's salary of United Way Of Central Oklahoma Inc is $233,000 and their total compensation is $252,800.
Official website here: www.unitedwayokc.org
What is the revenue of United Way Of Central Oklahoma Inc?
United Way Of Central Oklahoma Inc's revenue in 2022 was $20,951,620.
Official website here: www.unitedwayokc.org
Who are the executives of United Way Of Central Oklahoma Inc and what are their salaries?
The average compensation at United Way Of Central Oklahoma Inc during 2022 was $41,640. There are 51 employees and 4793 volunteers at United Way Of Central Oklahoma Inc.
Here are 98 key members and their salaries (United Way Of Central Oklahoma Inc's CEO's salary is $233,000 and their total compensation is $252,800):
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Official website here: www.unitedwayokc.org
Where can I find the form 990 for United Way Of Central Oklahoma Inc?
United Way Of Central Oklahoma Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwayokc.org
Learn more at the official website: www.unitedwayokc.org
Mission Statement of United Way Of Central Oklahoma Inc
United Way of Central Oklahoma, a charitable organization with a rich history dating back to 1923, is dedicated to improving the well-being of those within the local community. With a commitment to connecting people and resources, this organization strives to build a stronger, healthier, and more compassionate community.
United Way of Central Oklahoma accomplishes its mission by partnering with qualified health, youth, and human service charities that address the specific needs of communities within seven central Oklahoma counties. Through an annual campaign held in the fall, the organization collects donations from the public, which are then distributed to partner agencies the following year through an allocation process called Community Investment. The allocation decisions are made by community volunteers from the donor base, ensuring accountability and transparency.
United Way of Central Oklahoma plays a pivotal role in various community initiatives and programs. The organization recruits, trains, and matches board members with nonprofit agencies; offers volunteer opportunities for corporations to support service agencies; and publishes research to raise awareness of current community needs. Additionally, it manages state and municipal employee campaigns. Through its single member LLCs, United Way of Logan County, LLC, and United Way of Canadian County, LLC, the organization also collects and distributes funds within those respective counties.
An innovative approach to addressing community challenges is the Wayfinder Innovation Grant Program. United Way invites local nonprofits to submit new ideas that address problems within the organization's five focus areas: Strong Families, Successful Kids, Healthy Citizens, Independent Living, and Community Preparedness. Finalists are given the opportunity to pitch their ideas in a Shark Tank-style presentation to a panel of community leaders, who then select the most promising and viable ideas to receive one-time funding.
United Way of Central Oklahoma also works towards addressing various social issues through community collaboration and initiatives, such as the EmbraceOKC program, which supports mental health improvements throughout the Oklahoma City Public School System. The organization's role in the partnership is to assist in raising funds, overseeing the allocation of funds, and reporting back to stakeholders on the impact of the program.
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Impact
October, 2024
United Way of Central Oklahoma Inc. significantly enhances the well-being of communities in central Oklahoma through strategic partnerships and impactful initiatives. By connecting people and resources, they effectively address local needs across seven counties. Their efforts include vetting, convening, and funding various health, youth, and human service charities that serve the community.
With a vision to build a stronger and more compassionate community, United Way has been actively engaged since 1923, leveraging the expertise of over 200 volunteers who dedicate thousands of hours each year to make informed decisions on funding allocations. This rigorous process ensures that the needs identified by citizens are met through community-driven solutions.
Key initiatives include the Wayfinder Innovation Grants, which incentivize creative solutions to local challenges in areas such as strong families, successful kids, healthy citizens, independent living, and community preparedness. Furthermore, programs like EmbraceOKC demonstrate a commitment to supporting mental health within the educational system, focusing on prevention and early intervention to enhance the social and emotional well-being of children and families.
Additionally, United Way supports the growth of leadership within the community through the Board Serve Central Oklahoma program, which recruits and trains individuals to serve on nonprofit boards, strengthening governance and organizational effectiveness.
Overall, the organization plays a crucial role in fostering collaboration among community stakeholders, responding to emerging trends, and adapting initiatives to address the evolving needs of local residents.
This information is meant to be a general summary of United Way Of Central Oklahoma 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: $89,672
- Program Service Revenue: $235,883
- Gross Receipts: $20,963,279
Assets and Liabilities:
- Total Assets: $32,415,650
- Total Liabilities: $7,188,674
- Net Assets: $25,226,976
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federated Campaign Admin Fee
Revenue
$235,883
Organization Details
Founding Year
1952
Phone
(405) 523-3518Principal Officer
Debby Hampton
Main Address
1444 NW 28th Street, Oklahoma City, OK, 73106
Website
www.unitedwayokc.orgNTEE Category
Code: T70Z - Philanthropy
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