Better Business Bureau Report for
Louisville Urban League

Better Business Bureau Report issued December 2013
Better Business Bureau Report expires December 2015


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, 2014, LUL's program expenses were:

  
Employment services program 1,636,661
Housing services and development 579,451
Youth development programs 492,287
Advocacy 198,557
Total Program Expenses: $2,906,956
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Governance

              

Chief Executive : Benjamin K. Richmond, President/CEO
Compensation*: 
$189,470

Chair of the Board: Daniel Hall
Chair's Profession / Business Affiliation: Vice President, Office of Community Engagement, University of Louisville

Co-Chair of the Board : Dawn Franklin Croft

Chair's Profession / Business Affiliation: Corporate Attorney, YUM! Brands, INc.

Board Size: 30

Paid Staff Size: 31

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

              

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, 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 $2,886,479, 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, 2014.

Ending net assets as reported below include $1,545,731 in unrestricted net assets and $618,753 in temporarily restricted net assets.

Total assets as reported include $846,605 in assets invested in property and equipment.




Source of Funds  
Grants 1,974,631
Contributions and memberships 587,136
Other Income 351,786
Public Support (Metro United Way) 324,712
Interest 1,071
Unrealized Gain (Loss) on Investment 39
Total Income $3,239,375


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 3%  Administrative: 8% 

Total income $3,239,375
Program expenses $2,906,956
Fund raising expenses 107,832
Administrative expenses 279,961
Total expenses $3,294,749
Expenses in Excess of Income (55,374)
Beginning net assets 2,060,353
Other Changes in Net Assets 159,505
Ending net assets 2,164,484
Total liabilities 535,913
Total assets $2,700,397


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