Overview
What is United Way Of Greater Toronto?
United Way of Greater Toronto is a charitable organization based in Toronto, Ontario, Canada. Their mission is to create opportunities for a better life by mobilizing the community's resources – both human and financial – to address critical social issues, focusing on Peel, Toronto, and York regions. They support a network of community agencies, providing essential services that tackle poverty and its related challenges. By funding these agencies, they aim to meet urgent human needs, improve social conditions, and address the root causes of poverty for long-term, positive change.
Official website here: www.unitedwaygt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The United Way of Greater Toronto has achieved an impressive rating of 97%, reflecting strong accountability and financial management practices. This high score is derived entirely from its Accountability & Finance metrics, indicating the organization's commitment to transparency and responsible stewardship of donations.
Key strengths of the organization include its fully independent board of directors, consisting of 16 members, and a robust set of policies that govern conflict of interest, whistleblowing, and document retention. The organization has also demonstrated exemplary financial practices, with a program expense ratio of 87.81%, indicating that a significant majority of its funds are directed toward its mission-related activities.
While the organization exhibits strong financial health with a low liabilities-to-assets ratio and efficient fundraising, it is always beneficial for potential donors to review its financial statements and governance policies, which are readily accessible on its website. Overall, the United Way of Greater Toronto showcases a strong model of nonprofit management, prioritizing both accountability and impactful service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Greater Toronto legitimate?
United Way Of Greater Toronto is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Greater Toronto 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: $2,097,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,391,327
For more financial information, click here
Official website here: www.unitedwaygt.org
What is the mission statement of United Way Of Greater Toronto?
United Way of Greater Toronto is a charitable organization committed to enhancing opportunities for a better life for individuals in need. Through community partnerships, they mobilize resources, both financial and volunteer, to support a network of agencies in Peel, Toronto, and York regions. The organization goes beyond addressing immediate needs, also tackling the root causes of poverty to promote long-term positive change within the community.
Official website here: www.unitedwaygt.org
Who is the CEO of United Way Of Greater Toronto?
Michael Cheong is the President & Ceo of United Way Of Greater Toronto. The CEO's salary of United Way Of Greater Toronto is $309,988 and their total compensation is $327,297.
Official website here: www.unitedwaygt.org
What is the revenue of United Way Of Greater Toronto?
United Way Of Greater Toronto's revenue in 2023 was $110,463,309.
Official website here: www.unitedwaygt.org
Who are the executives of United Way Of Greater Toronto and what are their salaries?
There 20000 volunteers at United Way Of Greater Toronto.
Here are 29 key members and their salaries (United Way Of Greater Toronto's CEO's salary is $309,988 and their total compensation is $327,297):
- Compensation: $309,988
- Related: $0
- Other: $17,309
- Compensation: $200,351
- Related: $0
- Other: $11,187
- Compensation: $163,651
- Related: $0
- Other: $9,138
- Compensation: $163,552
- Related: $0
- Other: $9,132
- Compensation: $152,512
- Related: $0
- Other: $8,516
- Compensation: $152,512
- Related: $0
- Other: $8,516
- Compensation: $147,196
- Related: $0
- Other: $8,219
- Compensation: $137,261
- Related: $0
- Other: $7,664
- Compensation: $126,752
- Related: $0
- Other: $7,078
- Compensation: $117,794
- Related: $0
- Other: $6,577
- Compensation: $106,308
- Related: $0
- Other: $5,936
- Compensation: $105,755
- Related: $0
- Other: $5,905
- Compensation: $103,130
- Related: $0
- Other: $5,759
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.unitedwaygt.org
Where can I find the form 990 for United Way Of Greater Toronto?
United Way Of Greater Toronto's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unitedwaygt.org
Learn more at the official website: www.unitedwaygt.org
Mission Statement of United Way Of Greater Toronto
United Way of Greater Toronto is a charitable organization committed to enhancing the lives of individuals in the community. By mobilizing the collective resources of volunteers and finances, United Way works hand in hand with local agencies in Peel, Toronto, and York regions to provide essential support when it is needed most. The organization's mission transcends immediate needs, as it also addresses the root causes of poverty to bring about sustainable positive change.
United Way of Greater Toronto acts as a bridge, connecting people to the network of agencies that can help them navigate through challenging circumstances. Through their collaborative efforts, the organization creates opportunities for a better life for every member of the community. United Way's dedication goes beyond just providing temporary relief; it focuses on long-term solutions to tackle the underlying issues that contribute to poverty. By empowering the community to work together, the organization strives to improve social conditions and create a more equitable society.
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Impact
October, 2024
United Way of Greater Toronto significantly impacts communities by addressing urgent human needs and improving social conditions across Peel, Toronto, and York regions. By mobilizing community volunteers and financial resources, it creates a collaborative approach to caring for those in need.
The organization funds a network of community agencies that provide critical social support, directly tackling issues related to poverty. This proactive strategy not only offers immediate assistance but also seeks to address the root causes of poverty, fostering long-term positive change for individuals and families in the area.
Through partnerships, United Way of Greater Toronto is dedicated to creating opportunities for a better life for everyone, ensuring that help is available when it’s needed most and cultivating a more resilient and equitable community.
This information is meant to be a general summary of United Way Of Greater Toronto. 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: $2,381,846
- Gross Receipts: $110,464,688
Assets and Liabilities:
- Total Assets: $111,923,121
- Total Liabilities: $28,230,188
- Net Assets: $83,692,933
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Organization Details
Founding Year
1956
Phone
(416) 359-2052Principal Officer
Michael Cheong
Website
www.unitedwaygt.orgNTEE Category
Code: T70Z - Philanthropy
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