Better Business Bureau Report for
United Way of Central Kentucky

Better Business Bureau Report issued May 2015
Better Business Bureau Report expires May 2017


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: 604 N. Main St.
  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, Financial Stability, 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 2013 campaign, 22 agencies and 31 programs were allocated $904,437.

For the fiscal year ended December 31, 2013, United Way of Central Kentucky's program expenses were:

  
Allocations to agencies 665,146
Programs under management 73,783
Total Program Expenses: $738,929
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Governance

              

Chief Executive : Megan Stith, President & CEO
Compensation*: 
$61,800

Chair of the Board: Brian Kerr
Chair's Profession / Business Affiliation: Owner: Kerr Office Group

Board Size: 21

Paid Staff Size: 5

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

Staffing includes 4 full-time and 1 part-time employees.
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Fund Raising

              

Method(s) Used:

Direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, and workplace campaigns
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $1,125,471, 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, 2013.

Source of Funds  
Net Campaign Revenue 1,106,471
Grant income 19,000
Other income 4,174
Interest income 1,279
Total Income $1,130,924


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Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 7%  Administrative: 12% 

Total income $1,130,924
Program expenses $738,929
Fund raising expenses 60,614
Administrative expenses 112,759
Total expenses $912,302
Income in Excess of Expenses 218,622
Beginning net assets 862,243
Ending net assets 1,080,865
Total liabilities 422,439
Total assets $1,503,304


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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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