Overview
What is United Way Of Lea County Inc?
United Way of Lea County Inc, situated in Hobbs, New Mexico, is a nonprofit organization that primarily functions by raising funds through various community activities. Their primary objective is to support local charitable organizations by distributing these funds. With a team of five dedicated individuals, they strive to contribute positively to their local community.
Official website here: www.uwolc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
United Way Of Lea County Inc has received a perfect score of 100%, which reflects exceptional accountability and financial health. This high rating is derived solely from its accountability and finance beacon, demonstrating the organization's commitment to transparency and responsible financial management. The presence of an entirely independent board, with 14 members, further underscores its dedication to good governance.
Strengths of the organization include its strong financial practices, with an impressive program expense ratio of 82.89%, indicating that a significant portion of its funds is directed toward its programs and services rather than administrative costs. Additionally, its liabilities to assets ratio stands at a healthy 35.72%, suggesting sound financial stability and management. Policies such as conflict of interest and whistleblower protections are well-documented, contributing to a culture of integrity within the organization.
While the data does not highlight specific limitations or areas for improvement, the overall metrics reflect a strong and well-managed nonprofit that prioritizes accountability and effective use of resources. The organization’s transparency in financial reporting and its robust governance policies position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Lea County Inc legitimate?
United Way Of Lea County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Lea County 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: $66,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,909
For more financial information, click here
Official website here: www.uwolc.org
What is the mission statement of United Way Of Lea County Inc?
United Way of Lea County Inc's mission is centered around providing financial support to local charitable organizations. This mission is primarily achieved through community fundraising activities. By raising funds, they contribute to various initiatives and projects run by these organizations, ultimately aiming to improve the well-being and livelihoods of the communities they serve. The organization's activities focus on fostering a collective effort to address local social issues and promote community development.
Official website here: www.uwolc.org
Who is the CEO of United Way Of Lea County Inc?
Becca Titus is the Director of United Way Of Lea County Inc.
Official website here: www.uwolc.org
What is the revenue of United Way Of Lea County Inc?
United Way Of Lea County Inc's revenue in 2022 was $1,222,989.
Official website here: www.uwolc.org
Who are the executives of United Way Of Lea County Inc and what are their salaries?
The average compensation at United Way Of Lea County Inc during 2022 was $41,506. There are 5 employees and 220 volunteers at United Way Of Lea County Inc.
Here are 15 key members and their salaries:
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- Compensation: $64,504
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- Other: $2,115
Official website here: www.uwolc.org
Where can I find the form 990 for United Way Of Lea County Inc?
United Way Of Lea County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwolc.org
Learn more at the official website: www.uwolc.org
Mission Statement of United Way Of Lea County Inc
United Way of Lea County Inc, as a nonprofit organization, is dedicated to providing funding to local charitable organizations. This mission is primarily carried out through community fundraising activities. The organization actively seeks to support various local charities, channeling resources to address diverse community needs and foster social development. By engaging in fundraising initiatives, United Way of Lea County Inc contributes significantly to the overall well-being of the community, ensuring that deserving organizations have the financial support they need to carry out their charitable activities effectively.
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Impact
July, 2024
United Way Of Lea County Inc's impact is significant in providing funding to local charitable organizations through community fundraising. By raising funds through various activities, United Way of Lea County Inc is able to support local organizations and make a positive difference in the community. This philanthropic effort helps address various social needs and improve the lives of individuals in Hobbs, NM.
This information is meant to be a general summary of United Way Of Lea County 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: $13,204
- Gross Receipts: $1,296,925
Assets and Liabilities:
- Total Assets: $1,709,772
- Total Liabilities: $695,602
- Net Assets: $1,014,170
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Organization Details
Founding Year
1960
Phone
(575) 397-2203Principal Officer
Becca Titus
Main Address
320 N SHIPP STE B VALOR BLDG, HOBBS, NM, 88240
Website
www.uwolc.orgNTEE Category
Code: T00 - Philanthropy
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