Overview
What is United Way Of Midland Inc?
United Way of Midland Inc is a distinguished nonprofit organization situated in Midland, Texas. Their primary focus is on community impact, collaborating with various organizations to identify and address the most pressing health, education, and self-sufficiency needs within the community. They accomplish this by assessing community needs, advocating for relevant public policies, reviewing funding applications, allocating funds to approved programs, and initiating new community projects. Their mission is to enhance the quality of life in Midland by connecting community resources with identified needs, aiming to make a measurable difference in addressing these needs. United Way of Midland Inc employs a dedicated workforce of eight individuals.
Official website here: www.uwmidland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
United Way Of Midland Inc has achieved an exceptional rating of 100%, indicating a strong commitment to accountability and financial transparency. This rating reflects the organization's successful execution of governance practices, with a fully independent board, comprehensive financial audits, and robust policies in place for conflict of interest and whistleblowing.
The organization demonstrates financial health with a low liabilities to assets ratio of 9.57%, showcasing effective management of resources. Additionally, a program expense ratio of 72.89% signifies that a substantial portion of funds is directed towards its mission-driven programs rather than administrative costs. This focus on efficiency and impact underlines United Way Of Midland Inc's credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Midland Inc legitimate?
United Way Of Midland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Midland 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: $196,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,636
For more financial information, click here
Official website here: www.uwmidland.org
What is the mission statement of United Way Of Midland Inc?
United Way of Midland Inc's mission is centered around improving the quality of life within a community. They achieve this by bringing together the resources of various organizations to address the most pressing needs in the areas of health, education, and self-sufficiency. The organization actively assesses the community's needs, advocates for relevant public policies, reviews funding applications, allocates funds to approved programs, and supports new and special community initiatives. In doing so, United Way of Midland Inc aims to make a measurable difference in addressing these identified needs.
Official website here: www.uwmidland.org
Who is the CEO of United Way Of Midland Inc?
Adrian Carrasco is the Director of United Way Of Midland Inc.
Official website here: www.uwmidland.org
What is the revenue of United Way Of Midland Inc?
United Way Of Midland Inc's revenue in 2022 was $1,586,165.
Official website here: www.uwmidland.org
Who are the executives of United Way Of Midland Inc and what are their salaries?
The average compensation at United Way Of Midland Inc during 2022 was $62,325. There are 8 employees and 125 volunteers at United Way Of Midland Inc.
Here are 11 key members and their salaries:
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- Compensation: $54,026
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- Other: $9,092
Official website here: www.uwmidland.org
Where can I find the form 990 for United Way Of Midland Inc?
United Way Of Midland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwmidland.org
Learn more at the official website: www.uwmidland.org
Mission Statement of United Way Of Midland Inc
United Way of Midland Inc, as a nonprofit organization, aims to enhance the quality of life in its community by bridging the gap between identified needs and available resources. Its mission is to proactively identify the most pressing health, education, and self-sufficiency needs within the community. United Way of Midland then strategically allocates funds to local non-profit organizations that have programs demonstrating substantial progress in addressing these challenges.
In essence, United Way of Midland serves as a unifying force, bringing together various community resources to address the most pressing issues. It achieves this through multiple avenues, including assessing the community's needs, advocating for selected public policies, reviewing funding applications under identified areas of need, allocating funds to approved programs, and funding new and special community initiatives. By doing so, United Way of Midland contributes to a more cohesive and impactful response to the community's most pressing challenges, ultimately improving the overall quality of life for its residents.
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Impact
July, 2024
United Way of Midland positively impacts the community by uniting resources with identified needs, working with organizations to address pressing health, education, and self-sufficiency needs. By assessing the community's needs, advocating for key policies, and allocating funds to approved programs, they make a measurable difference in improving the quality of life in Midland. Additionally, they fund new and special community initiatives to further their impact in human services.
This information is meant to be a general summary of United Way Of Midland 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: $345,707
- Gross Receipts: $4,881,891
Assets and Liabilities:
- Total Assets: $8,323,127
- Total Liabilities: $796,536
- Net Assets: $7,526,591
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Organization Details
Founding Year
1955
Phone
(432) 685-7700Principal Officer
Adrian Carrasco
Main Address
1209 W WALL ST, MIDLAND, TX, 79701
Website
www.uwmidland.orgNTEE Category
Code: P19 - Human services
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