Overview
What is United Way Of Norman Inc?
United Way of Norman Inc is a dedicated nonprofit organization situated at 2424 Springer Drive 304, Norman, OK 73069. Their primary objective is to enhance lives within their community by harnessing the compassionate spirit of their local population. They accomplish this by funding 40 programs across 28 partner agencies, which collectively aided over 61,000 individuals last year. Their support to these organizations stems from annual contributions from generous donors in the area. United Way of Norman grants funds to agencies providing services identified as most crucial to the community. They aim to improve lives by addressing the most pressing issues facing their community in collaboration with local partners. Their mission is to foster collective action and catalyze positive change, thereby making a significant impact on the lives of people of all ages, from infants to the elderly.
Official website here: www.unitedwaynorman.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star Rating
United Way Of Norman Inc demonstrates a strong commitment to accountability and effective financial management, reflected in its impressive 98% score in Accountability & Finance. With a program expense ratio of 85.11%, the organization allocates a significant portion of its resources directly to its programs. The charity also boasts a fully independent board and has received top ratings for its financial oversight and governance practices, ensuring transparency and integrity in its operations.
The organization excels in fostering a positive culture and community engagement, achieving a perfect score of 100 in both the Culture & Community and Leadership & Adaptability categories. This indicates a strong focus on collaboration, feedback collection, and usage, which is vital for maintaining a responsive and effective nonprofit. Their active investment in leadership development further underscores their commitment to cultivating a skilled and adaptive team.
Despite these strengths, the organization faces a working capital ratio of 0.52 years, which could suggest challenges in maintaining operational liquidity over the long term. However, overall, United Way Of Norman Inc presents a solid profile as a well-managed and community-focused nonprofit with strong financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Norman Inc legitimate?
United Way Of Norman Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Norman 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: $196,812
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,881
For more financial information, click here
Official website here: www.unitedwaynorman.org
What is the mission statement of United Way Of Norman Inc?
United Way of Norman Inc's mission is centered around improving lives in the community. They achieve this by mobilizing the caring power of the community. By working collaboratively with local partners, they identify and address the most pressing issues facing the community. They develop strategies to tackle these issues, rally resources and partners to implement the plans, and monitor their impact to report back to the community. In essence, United Way of Norman Inc aims to enhance community well-being by amplifying collective efforts and addressing societal challenges effectively.
Official website here: www.unitedwaynorman.org
Who is the CEO of United Way Of Norman Inc?
Daren Wilson is the CEO of United Way Of Norman Inc The CEO's salary of United Way Of Norman Inc is $97,274 and their total compensation is $108,451.
Official website here: www.unitedwaynorman.org
What is the revenue of United Way Of Norman Inc?
United Way Of Norman Inc's revenue in 2023 was $2,011,586.
Official website here: www.unitedwaynorman.org
Who are the executives of United Way Of Norman Inc and what are their salaries?
The average compensation at United Way Of Norman Inc during 2023 was $74,173. There are 4 employees and 1035 volunteers at United Way Of Norman Inc.
Here are 43 key members and their salaries (United Way Of Norman Inc's CEO's salary is $97,274 and their total compensation is $108,451):
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Official website here: www.unitedwaynorman.org
Where can I find the form 990 for United Way Of Norman Inc?
United Way Of Norman Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unitedwaynorman.org
Learn more at the official website: www.unitedwaynorman.org
Mission Statement of United Way Of Norman Inc
United Way of Norman, a community-driven organization, aims to enhance lives by harnessing the compassionate force within its community. Their mission is centered around addressing the most pressing challenges that the community faces, with a focus on improving overall living standards. By collaborating with local partners, United Way of Norman takes on the responsibility of evaluating the community's needs, devising strategies to tackle the top priority issues, and rallying resources to implement these plans. They also diligently track and report the impact of their initiatives to keep the community informed about their progress.
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Impact
July, 2024
The impact of United Way Of Norman Inc is significant in improving lives by mobilizing the caring power of our community. They fund 40 programs within 28 partner agencies, providing support to over 61,000 individuals in the community. The organization's annual campaign support from local donors enables them to assist those in need in critical areas identified by the community. Their services cater to people of all ages, from infants to the elderly, addressing a wide range of needs. United Way Of Norman Inc works towards advancing the common good by addressing the most pressing issues in the community, mobilizing resources, and measuring and reporting their impact to the community.
This information is meant to be a general summary of United Way Of Norman 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 2023.
- Investment Income: $21,246
- Gross Receipts: $2,052,743
Assets and Liabilities:
- Total Assets: $1,957,553
- Total Liabilities: $1,195,050
- Net Assets: $762,503
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Organization Details
Founding Year
1969
Principal Officer
Daren Wilson
Website
www.unitedwaynorman.orgNTEE Category
Code: T00 - Philanthropy
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