Better Business Bureau Report for
Louisville Urban League

Better Business Bureau Report issued February 2012
Better Business Bureau Report expires February 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Louisville Urban League
Address: 1535 W. Broadway
  Louisville, KY 40203
Phone: 502-561-6830
Web Address: www.lul.org
Also known as:Urban League
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Better Business Bureau Comments

Year, State Incorporated: 1921, Kentucky
Affiliates: None
Stated Purpose: The Louisville Urban League is a nonprofit, nonpartisan, interracial community service organization dedicated to the elimination of racism and its effects within our community. The Louisville Urban League's mission is to assist African-American and disadvantaged persons in the achievement of social and economic equality primarily through education, employment, housing, family development, and community development.

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Evaluation Conclusions

               

Louisville Urban League (LUL) meets the 20 Standards for Charity Accountability.
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Programs

               

Louisville Urban League programs include Workforce Development, Youth Development & Education, and Housing Counseling services, as follows: Workforce Development Counseling & Placement Services--One-on-one guidance and assistance to help clients find employment that best matches their skills and abilities. Training and Development--Provides employability skills and specialized training opportunities that are essential for today's workplace. Construction One Stop Center helps recruit minorities and females for careers in construction. Youth Development & Education NULITES (National Urban League Incentives to Excel and Succeed)-- A leadership development program for middle school students that offers youth concrete experiences to foster personal visions of success and self-sufficiency. Urban Youth Golf Program (UYGP) -- A golf and academic enhancement initiative promoting opportunity, increased self-esteem and confidence for minority and at-risk youth. Rising 5th Graders Saturday/Summer School --A Saturday/Summer School initiative designed to enhance the academic performance of at-risk fifth graders. Housing and Neighborhood Revitalizations Budgeting & Credit--Counseling--Assists clients in establishing working budgets and debt repayment plans. CreditSmart Workshops--Assists clients in establishing working budgets and debt repayment plans. Housing Counseling & Development Services --Helps families and individuals better their housing situations. Each program serves to educate participants and help them be successful in handling their housing needs. Rental Readiness--Prepares prospective renters regarding the ins and outs of becoming good tenants. Home Ownership Training Program--Comprehensive education program that prepares clients for home ownership Home Equity Conversion Mortgage (HECM) --Assists clients in learning how to convert accumulated equity into cash. Foreclosure Counseling--Assists clients in developing strategies to correct mortgage delinquencies and avoid the fear of losing their home.

For the fiscal year ended June 30, 2011, LUL's program expenses were:

  
Employment Services 792,472
Youth Development & Education 574,110
Housing Services 530,752
Advocacy 22,688
Total Program Expenses: $1,920,022
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Governance

               

Chief Executive : Benjamin K. Richmond, President/CEO
Compensation*:
 $146,949

Chair of the Board: H. David Hale
Chair's Profession / Business Affiliation: President, First Capital Bank of Kentucky

Board Size: 36

Paid Staff Size: 28

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Fund raising methods include direct mail, invitations to fund raising events, print advertisements, grant proposals, internet, and memberships.

In addition, the Louisville Urban League is a Metro United Way member agency.

Fund raising costs were 4% of related contributions. (Related contributions, which totaled $1,743,805, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on LUL's audited financial statements for the fiscal year ended June 30, 2011.

Ending net assets as reported below include $1,540,575 in unrestricted net assets and $538,715 in temporarily restricted net assets.

Total assets as reported include $1,122,832 in assets invested in property and equipment.




Source of Funds  
Grants 945,869
Contributions and Memberships 797,936
Public Support 341,341
Other income 200,388
Interest 1,188
Unrealized Loss on Investment -3,675
Total Income $2,283,047


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Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 3%  Administrative: 14% 

Total income   $2,283,047
  Program expenses $1,920,022
  Fund raising expenses 70,753
  Administrative expenses 336,010
 
Total expenses   $2,326,785
Expenses in Excess of Income   (43,738)
Beginning net assets   1,956,517
Other Changes in Net Assets 166,511
Ending net assets   2,079,290
Total liabilities   589,266
Total assets   $2,668,556


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