Better Business Bureau Report for
United Way of Central Kentucky

Better Business Bureau Report issued September 2012
Better Business Bureau Report expires September 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: United Way of Central Kentucky
Address: 1111 N. Dixie Highway
  Elizabethtown, KY 42701
Phone: 270-737-6608
Web Address: www.unitedwayck.org
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Better Business Bureau Comments

Year, State Incorporated: 2001, Kentucky
Affiliates: None
Stated Purpose: The vision of the corporation is: "Each individual in our community is self-sufficient in the areas of Education, Income, and Health." The mission of the corporation is: "Connecting the community for the common good." The purposes of this corporation are: To assess on a continuing basis critical community needs for human service programs; To develop as fully as possible the resources to meet human service needs; To allocate United Way financial support so as to meet the greatest and most urgent needs of the community; To promote and foster cooperation among public and private agencies in order to seek cooperative solutions to local human service needs; To develop community support and commitment for the United Way program through a systematic communications program which both speaks and listens to the community; To encourage and develop the management efficiency of both the United Way enterprise and the agencies supported through it; To enroll, orient, motivate, and train volunteers from every segment of the community to direct and accomplish the foregoing purposes.

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Evaluation Conclusions

              

United Way of Central Kentucky meets the 20 Standards for Charity Accountability.
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Programs

              

United Way of Central Kentucky brings individuals, industry, and organizations together to provide financial, volunteer, and operational support to local nonprofits. Funds are raised in the communities served, primarily through workplace campaigns. Community members from each county of the service area rigorously review local nonprofit applicants for funding. With the Board of Directors' approval, the Community Investment Team allocates donations where the dollars will create the most impact and positive change in the community. As a result of the 2010 campaign, 18 agencies were allocated $551,779.

For the fiscal year ended December 31, 2010, United Way of Central Kentucky's program expenses were:

  
Allocation to agencies 551,779
Program Services 46,284
Total Program Expenses: $598,063
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Governance

              

Chief Executive : Christopher Wilborn, Executive Director
Compensation*: 

Chair of the Board: Joseph Fowler
Chair's Profession / Business Affiliation: Vice President of Operations, Accumetric, LLC

Board Size: 27

Paid Staff Size: 3

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Fund Raising

              

Method(s) Used:

Methods of fund raising invitations to fund raising events, print advertisements, television, radio, and internet appeals, membership, and a workplace campaign.
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $710,038, 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 United Way of Central Kentucky's audited financial statements for the fiscal year ended December 31, 2010.

Ending net assets as reported below include $258,485 in unrestricted net assets and $578,276 in temporarily restricted net assets.

Total assets as reported include $3,026 invested in property and equipment.






Source of Funds  
Contributions 710,038
Investment Income 3,107
Total Income $713,145


chart



Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 9%  Administrative: 7% 

Total income $713,145
Program expenses $598,063
Fund raising expenses 66,474
Administrative expenses 52,038
Total expenses $716,575
Expenses in Excess of Income (3,430)
Beginning net assets 840,191
Ending net assets 836,761
Total liabilities 289,462
Total assets $1,126,223


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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