Better Business Bureau Report for
Metro United Way, Inc.

Better Business Bureau Report issued August 2011
Better Business Bureau Report expires August 2013


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: Metro United Way, Inc.
Address: 334 E. Broadway
  Louisville, KY 40202
Phone: 502-583-2821
Web Address: www.metrounitedway.org
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Better Business Bureau Comments

Year, State Incorporated: 1972, Kentucky
Affiliates: None
Stated Purpose: Metro United Way's mission is to improve lives by mobilizing the caring power of the community. Metro United Way's vision is to create the most vital, caring community in America. Metro United Way conducts an annual campaign to raise financial support for allocation to approximately 100 health and human service agencies serving Jefferson, Shelby, and Oldham counties in Kentucky and Floyd, Clark, and Harrison counties in Indiana. In addition, funds help support community work that fosters permanent change in community conditions impacting education, income and health.

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Evaluation Conclusions

               

Metro United Way, Inc. meets the 20 Standards for Charity Accountability.
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Programs

               

Metro United Way is working to advance the common good by focusing on education, income and health. These are the building blocks for a good life--- a quality education that leads to a stable job, enough income to support a family through retirement and good health. Metro United Way's goal is to create long-lasting changes that prevent problems from happening in the first place. Metro United Way invites you to be a part of the change. Together, united, we can inspire hope and create opportunities for a better tomorrow. That's what it means to LIVE UNITED.

For the fiscal year ended April 30, 2010, Metro United Way, Inc.'s program expenses were:

  
Community investmensts and fund distribution, 20,336,094
Program & Community Services 3,298,389
Total Program Expenses: $23,634,483
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Governance

               

Chief Executive : Mr. Joe Tolan, President and CEO
Compensation*:
 $196,524

Chair of the Board: Mr. J. Barry Barker
Chair's Profession / Business Affiliation: Executive Director TARC (Transit Authority of River City)

Board Size: 48

Paid Staff Size: 60

*Compensation listed above is reportable compensation from the IRS Form 990, Schedule J-2, Column (D), for the period ending April 30, 2010.
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Fund Raising

               

Method(s) Used:

Methods of fund raising include direct mail, telephone, television, radio, grant proposals, internet, planned giving arrangements, cause-related marketing
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $26,101,820, 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 Metro United Way, Inc.'s audited financial statements for the fiscal year ended April 30, 2010.

Source of Funds  
Annual campaign contributions, including $19,251,469 in campaign contributions and $6,280,826 in donor designations 25,532,295
Realized & unrealized gains on Investments 1,040,681
Grants and other Income 392,498
Admin fees for fundraising on behalf of others 245,419
Appreciation of Investments held by others 193,326
Legacies and Bequests 177,027
Investment Income 151,780
Other fees 77,285
Rental income 73,733
Total Income $27,884,044


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Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 10%  Administrative: 5% 

Total income   $27,884,044
  Program expenses $23,634,483
  Fund raising expenses 2,630,130
  Administrative expenses 1,408,868
 
Total expenses   $27,673,481
Income in Excess of Expenses   210,563
Beginning net assets   12,071,587
Other Changes in Net Assets (278,905)
Ending net assets   12,003,245
Total liabilities   14,148,849
Total assets   $26,152,094


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