Better Business Bureau Report for
United Way of Greater Richmond & Petersburg

Better Business Bureau Report issued November 2009
Better Business Bureau Report expires November 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: United Way of Greater Richmond & Petersburg
Address: 2001 Maywill St.
  Richmond, VA 23230
Phone: 804-771-5820
Web Address: www.yourunitedway.org
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Better Business Bureau Comments

Year, State Incorporated: 1975, Virginia
Affiliates: United Way of America
Stated Purpose: United Way leads the way to solutions for a better community

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Evaluation Conclusions

               

United Way of Greater Richmond & Petersburg meets the 20 Standards for Charity Accountability.
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Programs

               

United Way of Greater Richmond & Petersburg brings our community together to focus resources on the most crtical human service needs in our region. Through unrestricted community care funds, United Way supports the work of over 100 high quality programs working locally to prepare and strengthen children and their families, prevent and emiminate homelessness,and support older adults and their caregivers. United Way provides a variety of community support and change initiatives. Research and evaluation efforts are provided which strengthen community planning and the nonprofit sector. Special initiatives, such as Success By 6, bring community partners together to address priority needs in the most effective ways. Information and Referral services help people who want to give or get help find the information they need.

For the fiscal year ended June 30, 2008, United Way of Greater Richmond & Petersburg's program expenses were:

  
Grants 7,476,313
Designations 6,250,028
Program Services 2,944,708
Total Program Expenses: $16,671,049
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Governance

               

Chief Executive : Sherrie Brach, CEO
Compensation*:
 $192,924

Chair of the Board: Dr. Pamela Royal M.D
Chair's Profession / Business Affiliation: President, Royal Dermatology and Aesthetic Skin Care, Inc

Co-Chair of the Board : Stephen Scherger

Chair's Profession / Business Affiliation: President

Board Size: 41

Paid Staff Size: 64

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

               

Method(s) Used:

direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, planned giving arrangements, membership
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $20,790,726, 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 Greater Richmond & Petersburg's audited financial statements for the year ended June, 30 2008.

Source of Funds  
Campaign Pledges 18,477,254
Contributions 1,079,216
Donor Designation Fees 697,539
Investment Income 454,558
Grants 315,559
Third Pary Processing Fees 133,959
Memorials & Bequests 46,784
Other United Way 25,866
Sponsorships 14,549
Miscellaneous 8,584
Total Income $21,253,868


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Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 9%  Administrative: 6%  Other Expenses: 8%

Total income   $21,253,868
  Program expenses $16,671,049
  Fund raising expenses 1,840,912
  Administrative expenses 1,296,217
  Other Expenses 1,698,327
Total expenses   $21,506,505
Expenses in Excess of Income   (252,637)
Beginning net assets   8,913,282
Ending net assets   8,660,645
Total liabilities   7,361,995
Total assets   $16,022,640


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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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