Overview
What is United Way Of The Coastal Bend Inc?
United Way of the Coastal Bend Inc, situated in Corpus Christi, Texas, is a dedicated nonprofit organization. Their mission is to enhance lives by harnessing the compassionate force of the community. Through their initiatives, they have positively impacted 2,607 children and adults, focusing on crucial educational aspects. Notably, 94.5% of children aged 0-5 in their funded programs are prepared for school, while 79.67% of K-3 students maintain a C average or higher in reading. Moreover, 78.03% of grade 4-6 students perform at grade level in math and reading. With a workforce of 23 individuals, this organization is committed to nurturing decision-making, leadership, social/emotional connections, and communication skills in youth.
Official website here: www.uwcb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
United Way of the Coastal Bend Inc has received an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in both accountability and finance. With a perfect score of 100 in Accountability & Finance, the organization demonstrates effective management and transparency in its financial dealings. The program expense ratio of 83.74% indicates that a significant portion of its expenditures directly supports its programs, further validating its operational efficiency.
The organization also scored 85 in Culture & Community, reflecting a positive engagement with its stakeholders and community. The board demonstrates complete independence with 100% of its members being independent, which enhances governance and decision-making processes. Additionally, the organization has a solid working capital ratio of 1.07 years, which suggests it has enough financial resources to cover its short-term obligations.
While the financial metrics are commendable, some users may note the slightly lower score in Culture & Community compared to the finance aspect. Nonetheless, the overall rating indicates a well-managed nonprofit with strong accountability and a solid commitment to its mission, making it a reliable choice for donors seeking to contribute to community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of The Coastal Bend Inc legitimate?
United Way Of The Coastal Bend Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of The Coastal Bend 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: $248,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,166,200
For more financial information, click here
Official website here: www.uwcb.org
What is the mission statement of United Way Of The Coastal Bend Inc?
The mission of United Way of the Coastal Bend Inc., as stated, is centered around enhancing lives by harnessing the compassionate force of the community. Their primary objective is to accomplish this by mobilizing community resources effectively. In terms of education, the organization has engaged 2,607 children and adults, aiming to foster positive educational outcomes in key areas of their focus. Their efforts have shown significant results, with 94.5% of children aged 0-5 in their funded programs ready for school, and 79.67% of K-3 grade students maintaining a C average or higher in reading. Moreover, 78.03% of students in grades 4-6 in their funded programs have demonstrated proficiency in math and reading. Additionally, youth participating in their programs have reported improvements in decision-making, leadership, social/emotional connections, and communication skills.
Official website here: www.uwcb.org
Who is the CEO of United Way Of The Coastal Bend Inc?
Libby Averyt is the Principal Officer of United Way Of The Coastal Bend Inc. The CEO's salary of United Way Of The Coastal Bend Inc is $134,330 and their total compensation is $156,608.
Official website here: www.uwcb.org
What is the revenue of United Way Of The Coastal Bend Inc?
United Way Of The Coastal Bend Inc's revenue in 2023 was $6,589,326.
Official website here: www.uwcb.org
Who are the executives of United Way Of The Coastal Bend Inc and what are their salaries?
The average compensation at United Way Of The Coastal Bend Inc during 2023 was $61,488. There are 23 employees and 608 volunteers at United Way Of The Coastal Bend Inc.
Here are 17 key members and their salaries (United Way Of The Coastal Bend Inc's CEO's salary is $134,330 and their total compensation is $156,608):
- Compensation: $134,330
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- Other: $22,278
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- Other: $16,156
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Official website here: www.uwcb.org
Where can I find the form 990 for United Way Of The Coastal Bend Inc?
United Way Of The Coastal Bend Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uwcb.org
Learn more at the official website: www.uwcb.org
Mission Statement of United Way Of The Coastal Bend Inc
United Way of the Coastal Bend, Inc. is an organization dedicated to enhancing lives by harnessing the compassionate force of the community. Their primary mission is to foster improvement by mobilizing the compassionate spirit that exists within communities.
To accomplish this noble goal, United Way of the Coastal Bend, Inc. invests in various critical areas, with education being one of its key focuses. Through their initiatives, 2,607 children and adults engage in educational programs designed to promote positive outcomes. The organization's efforts in this sector have shown promising results. For instance, 94.5% of children aged 0-5 in UWCB-funded programs are developmentally ready to commence their formal education, and 79.67% of students in grades K-3 in UWCB-supported programs maintain a minimum C average in reading. Similarly, 78.03% of students in grades 4-6 in UWCB-backed programs perform at their grade level in both math and reading.
Furthermore, United Way of the Coastal Bend, Inc. fosters personal growth among youth by nurturing decision-making skills, leadership abilities, and social/emotional connections. The organization's comprehensive approach to community development demonstrates its commitment to improving lives by mobilizing the caring power of communities.
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Impact
July, 2024
United Way of the Coastal Bend Inc has made a significant impact in improving lives by mobilizing the caring power of the community in Corpus Christi, TX. In the area of education, they have served 2,607 children and adults through programs designed to achieve positive educational outcomes. Impressively, 94.5% of children aged 0-5 in United Way of the Coastal Bend funded programs were developmentally ready to enter school. Additionally, 79.67% of students in grades K-3 maintained at least a C average in reading, and 78.03% of students in grades 4-6 performed at grade level in math and reading. Furthermore, 85.95% of youth in United Way of the Coastal Bend funded programs reported increased decision-making, leadership, social/emotional connections, or communication skills. This organization's dedication to education and community support is truly making a difference in the lives of individuals in the Coastal Bend area.
This information is meant to be a general summary of United Way Of The Coastal Bend 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: $34,474
- Program Service Revenue: $149,979
- Gross Receipts: $6,629,894
Assets and Liabilities:
- Total Assets: $8,115,260
- Total Liabilities: $1,508,911
- Net Assets: $6,606,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative fees on designations
Revenue
$149,979
Organization Details
Founding Year
1960
Phone
(361) 882-2529Principal Officer
Libby Averyt
Main Address
4659 Everhart Rd, Corpus Christi, TX, 78411
Website
www.uwcb.orgNTEE Category
Code: T70Z - Philanthropy
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