Overview
What is United Way Of King County?
United Way of King County is a Seattle-based nonprofit organization with a workforce of 298 employees. Amid the COVID-19 pandemic, they have received substantial government funding to provide rental assistance, helping over 7,000 households by covering up to 9 months of past-due rent and 3 months of forward rent. Their core mission revolves around creating a community where individuals have homes, students graduate, and families achieve financial stability through private donations. The organization is dedicated to racial justice, bringing the community together to support neighbors and transform inequitable systems. Additionally, they manage funds for the Black Community Building Fund and Indigenous Communities Fund, empowering the impacted communities to make investment decisions.
Official website here: www.uwkc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
United Way of King County demonstrates exceptional financial accountability and transparency, earning a perfect score of 100% from Charity Navigator. The rating reflects a strong emphasis on governance, evidenced by a board composed entirely of independent members and comprehensive financial oversight measures. Their adherence to policies such as conflict of interest and whistleblower protections further enhances their reputation for integrity and responsible management.
The organization’s financial metrics are also impressive, with a program expense ratio of over 90%, indicating that the vast majority of their funds are directed towards programs and services rather than administrative costs. Additionally, their liabilities to assets ratio of 7.94% suggests a solid financial standing, allowing for stability and sustainability in their operations.
While the rating is overwhelmingly positive, it should be noted that the assessment focuses solely on accountability and finance, without considering other factors such as program effectiveness or community impact. Nevertheless, the strong governance and financial practices position United Way of King County as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of King County legitimate?
United Way Of King County is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of King County 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: $620,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,114,162
For more financial information, click here
Official website here: www.uwkc.org
What is the mission statement of United Way Of King County?
United Way of King County works towards racial justice by uniting the community and supporting neighbors in need. Their mission is to transform inequitable systems. In response to the COVID-19 pandemic, they secured substantial government funding for rental assistance, providing up to 12 months of support to over 7,000 households. Simultaneously, they continued to fund and operate their core programs to ensure community members have stable homes, graduating students, and secure finances through private donations. Additionally, they empowered the Black Community Building Fund and Indigenous Communities Fund, enabling the impacted communities to make investment decisions.
Official website here: www.uwkc.org
Who is the CEO of United Way Of King County?
Gordon A Mchenry Jr is the Board Chair of United Way Of King County. The CEO's salary of United Way Of King County is $398,000 and their total compensation is $429,234.
Official website here: www.uwkc.org
What is the revenue of United Way Of King County?
United Way Of King County's revenue in 2022 was $93,617,726.
Official website here: www.uwkc.org
Who are the executives of United Way Of King County and what are their salaries?
The average compensation at United Way Of King County during 2022 was $42,733. There are 298 employees and 2821 volunteers at United Way Of King County.
Here are 47 key members and their salaries (United Way Of King County's CEO's salary is $398,000 and their total compensation is $429,234):
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- Compensation: $398,000
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- Other: $20,281
Official website here: www.uwkc.org
Where can I find the form 990 for United Way Of King County?
United Way Of King County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwkc.org
Learn more at the official website: www.uwkc.org
Mission Statement of United Way Of King County
United Way of King County is a community-driven organization that rallies people and resources to work towards racial justice and support neighbors in need. With a mission to bring the community together and transform inequitable systems, the organization has taken significant strides in response to the COVID-19 pandemic.
In the midst of the pandemic, United Way of King County received substantial government funding to provide rental assistance to over 7,000 households. These families received up to nine months of back rent and three months' worth of forward rent, ensuring they could remain in their homes. Simultaneously, the organization continued to fund and operate its core programs, which aim to build a community where people have homes, students graduate, and families are financially stable. These initiatives are sustained through private donations.
Furthermore, United Way of King County demonstrates its commitment to racial justice by supporting the Black Community Building Fund and the Indigenous Communities Fund. These funds put the power to invest the funds into the hands of the communities impacted by those funding decisions, enabling them to address their unique needs and promote lasting change.
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Impact
October, 2024
United Way of King County plays a vital role in fostering community solidarity and advancing racial justice. Through its efforts, the organization has made a significant impact, particularly in response to the challenges posed by the COVID-19 pandemic. Providing rental assistance to over 7,000 households, it helped families stay in their homes by covering up to nine months of back rent and three months of forward rent.
In addition to addressing immediate housing needs, United Way of King County works to build a future where everyone can thrive. It continues to support essential programs that aim for stable homes, educational success, and financial stability for families. With a commitment to empowering marginalized communities, the organization has established the Black Community Building Fund and the Indigenous Communities Fund. These initiatives prioritize community-led decision-making, ensuring that the people who are most affected by systemic inequities have a say in how resources are allocated.
Overall, United Way of King County is dedicated to transforming inequitable systems and creating a more just and equitable society for all residents in the region.
This information is meant to be a general summary of United Way Of King County. 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: $1,415,331
- Program Service Revenue: $217,968
- Gross Receipts: $94,470,871
Assets and Liabilities:
- Total Assets: $72,579,912
- Total Liabilities: $10,195,114
- Net Assets: $62,384,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DESIGNATION PROCESSING
Revenue
$132,185
EDUCATION & OUTREACH
Revenue
$83,133
TRAINING
Revenue
$2,650
Organization Details
Founding Year
1921
Phone
(206) 461-3700Principal Officer
Gordon A Mchenry Jr
Main Address
720 SECOND AVENUE, SEATTLE, WA, 98104
Website
www.uwkc.orgNTEE Category
Code: T700 - Philanthropy
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