Overview
What is Lubbock Area United Way Inc?
Lubbock Area United Way Inc is a nonprofit organization based in Lubbock, Texas, specifically at 1655 Main Street 101. The organization's mission is to provide hope and address the root issues of significant challenges in the South Plains communities, aiming to create lasting, positive change. They achieve this by investing financial resources into 23 local community partners, who offer services in various areas such as lifelong health and independence, empowering communities, crisis and emergency relief, and successful children and youth. With a team of 15 dedicated individuals, Lubbock Area United Way Inc plays a crucial role in ensuring the safety, health, and well-being of every person in the community.
Official website here: www.liveunitedlubbock.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Star Rating
Lubbock Area United Way Inc has achieved an impressive 99% rating, reflecting exceptional performance in accountability and finance, which makes up the bulk of the evaluation. The organization boasts a perfect score in this category, showcasing strong financial health and operational transparency, including a fully independent board and a low liabilities-to-assets ratio. Their commitment to sound financial practices is evident, with a program expense ratio of 80.50% and minimal fundraising costs.
In addition to their financial strengths, the organization has a solid presence in the community, as indicated by their 87% score in culture and community. Their mission is centered around critical issues such as preparing children for academic success, combating child abuse and sex trafficking, and expanding access to mental health services. These strategic goals highlight their dedication to addressing pressing social challenges in the region.
Though the data reflects strong leadership and community engagement, no specific limitations were noted in the information provided. Overall, Lubbock Area United Way Inc emerges as a highly effective organization, making significant strides in its mission to give hope and support to those in need within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lubbock Area United Way Inc legitimate?
Lubbock Area United Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubbock Area United Way 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: $248,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $393,060
For more financial information, click here
Official website here: www.liveunitedlubbock.org
What is the mission statement of Lubbock Area United Way Inc?
Lubbock Area United Way Inc's mission is centered around giving hope and addressing the root causes of significant challenges in communities, aiming to create lasting, positive change. They achieve this by investing financial resources into 23 local community partners who provide services in areas such as lifelong health and independence, crisis and emergency relief, empowering communities, creating strong families and individuals, and successful children and youth. The programs and services funded by Lubbock Area United Way Inc are integral to ensuring the safety, health, and well-being of every person in the community.
Official website here: www.liveunitedlubbock.org
Who is the CEO of Lubbock Area United Way Inc?
Glenn Cochran is the Board Chair of Lubbock Area United Way Inc. The CEO's salary of Lubbock Area United Way Inc is $153,075 and their total compensation is $170,291.
Official website here: www.liveunitedlubbock.org
What is the revenue of Lubbock Area United Way Inc?
Lubbock Area United Way Inc's revenue in 2022 was $6,583,941.
Official website here: www.liveunitedlubbock.org
Who are the executives of Lubbock Area United Way Inc and what are their salaries?
The average compensation at Lubbock Area United Way Inc during 2022 was $42,796. There are 15 employees and 1626 volunteers at Lubbock Area United Way Inc.
Here are 38 key members and their salaries (Lubbock Area United Way Inc's CEO's salary is $153,075 and their total compensation is $170,291):
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- Compensation: $153,075
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- Other: $17,216
- Compensation: $81,006
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- Other: $12,819
Official website here: www.liveunitedlubbock.org
Where can I find the form 990 for Lubbock Area United Way Inc?
Lubbock Area United Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.liveunitedlubbock.org
Learn more at the official website: www.liveunitedlubbock.org
Mission Statement of Lubbock Area United Way Inc
Lubbock Area United Way Inc is committed to providing hope and addressing the root causes of the significant challenges facing their communities in the South Plains region. Their mission, simply stated, is to foster lasting, positive change. They achieve this by investing financial resources into 23 local community partners. These partners offer services in various areas, including lifelong health and independence, empowering communities, creating strong families and individuals, crisis and emergency relief, and successful children and youth. The programs and services funded by Lubbock Area United Way Inc play a crucial role in ensuring the safety, health, and well-being of every person in their community. By addressing these root issues, the organization works tirelessly to create a better future for all.
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Impact
July, 2024
Lubbock Area United Way Inc's impact is significant in the community of Lubbock, TX. By investing in 23 local community partners who provide services in lifelong health and independence, empowering communities, creating strong families and individuals, crisis and emergency relief, and successful children and youth, they are addressing the root issues of the significant challenges facing the South Plains communities. The programs and services they fund play a crucial role in ensuring the safety, health, and well-being of every person in the community. Through their work, Lubbock Area United Way Inc is giving people hope and creating lasting, positive change in the area.
This information is meant to be a general summary of Lubbock Area United Way 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: -$144,769
- Gross Receipts: $17,325,885
Assets and Liabilities:
- Total Assets: $13,704,828
- Total Liabilities: $1,636,875
- Net Assets: $12,067,953
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Organization Details
Founding Year
1946
Phone
(806) 747-2711Principal Officer
Glenn Cochran
Main Address
1655 MAIN STREET 101, LUBBOCK, TX, 79401
Website
www.liveunitedlubbock.orgNTEE Category
Code: T70Z - Philanthropy
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