Overview
What is United Way Of Odessa Inc?
United Way of Odessa Inc, located in Odessa, Texas, serves as a significant funding source for local non-profit organizations. This nonprofit organization conducts an annual campaign to collect funds, which are then distributed to 22 partner agencies, as determined by its board of directors. The primary aim of these distributions is to address community needs in the sectors of Health, Education, and Self-Sufficiency. In essence, United Way of Odessa Inc works towards improving the mental and physical health of its community members, assisting individuals to reach their full potential, and promoting financial stability and independence. With a team of nine dedicated employees, the organization plays a vital role in enhancing the overall well-being of Odessa, Texas.
Official website here: www.unitedwayodessa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
United Way of Odessa Inc has received a solid Three-Star rating from Charity Navigator, indicating a respectable level of financial health and accountability. The organization scored 85% for Accountability & Finance, showcasing its effective management of resources. The high score of 100 in Leadership & Adaptability reflects a strong governance framework, while the Culture & Community score of 91 illustrates its positive impact on the local community.
The organization demonstrates a healthy program expense ratio of 70.87%, which suggests that a significant portion of its funds is directed towards its charitable programs. With 100% of its board members being independent, United Way of Odessa ensures transparency and minimizes conflicts of interest, further strengthening its credibility. The presence of policies for conflict of interest, whistleblower protections, and document retention indicates a comprehensive approach to governance.
Despite its strengths, potential donors and supporters should consider the overall score distribution and how the organization plans to enhance its financial accountability and program effectiveness. While the organization shows a commitment to leadership development through training initiatives, continuous improvement in these areas may further enhance its impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Odessa Inc legitimate?
United Way Of Odessa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Odessa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,007
For more financial information, click here
Official website here: www.unitedwayodessa.org
What is the mission statement of United Way Of Odessa Inc?
United Way of Odessa Inc's mission is centered around improving lives within the community. They achieve this by mobilizing local resources through an annual campaign. The funds collected are then allocated to 22 partner agencies, which primarily focus on three areas: enhancing mental and physical health, helping individuals of all ages realize their potential, and promoting financial stability and independence. By supporting these partner agencies, United Way of Odessa Inc aims to address various community needs and contribute to a collective betterment.
Official website here: www.unitedwayodessa.org
What is the revenue of United Way Of Odessa Inc?
United Way Of Odessa Inc's revenue in 2023 was $1,079,896.
Official website here: www.unitedwayodessa.org
Who are the executives of United Way Of Odessa Inc and what are their salaries?
The average compensation at United Way Of Odessa Inc during 2023 was $34,251. There are 8 employees and 150 volunteers at United Way Of Odessa Inc.
Here are 30 key members and their salaries:
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Official website here: www.unitedwayodessa.org
Where can I find the form 990 for United Way Of Odessa Inc?
United Way Of Odessa Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unitedwayodessa.org
Learn more at the official website: www.unitedwayodessa.org
Mission Statement of United Way Of Odessa Inc
United Way of Odessa, as a key community player, is dedicated to enhancing lives by leveraging the collective power of its community. Its mission is to promote the common good by orchestrating an annual campaign, which serves as a platform for allocating funds to a network of 22 partner agencies. These partner organizations are specialized in three primary areas: enhancing people's mental and physical health, aiding individuals of all ages in realizing their full potential, and fostering financial stability and independence. By channeling resources to these organizations, United Way of Odessa contributes significantly to addressing community needs, thereby improving the overall well-being of its populace.
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Impact
July, 2024
United Way of Odessa Inc impacts the community by improving lives through mobilizing the power of our community to advance the common good. By conducting a community-wide annual campaign and allocating resources to 22 partner agencies in areas such as health, education, and self-sufficiency, United Way of Odessa plays a crucial role in supporting non-profit organizations serving Odessa, Texas. The funds raised and distributed help address community needs, improve mental and physical health, help individuals achieve their potential, and promote financial stability and independence.
This information is meant to be a general summary of United Way Of Odessa 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: $2,908
- Gross Receipts: $1,079,896
Assets and Liabilities:
- Total Assets: $1,953,125
- Total Liabilities: $152,307
- Net Assets: $1,800,818
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Organization Details
Founding Year
1954
Principal Officer
Christina Escobar
Website
www.unitedwayodessa.orgNTEE Category
Code: T70Z - Philanthropy
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