Better Business Bureau Report for
Metro United Way, Inc.

Better Business Bureau Report issued October 2017
Better Business Bureau Report expires October 2019


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: To improve lives and the community by engaging people to Give, Advocate and Volunteer.

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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.

For the fiscal year ended April 30, 2017, Metro United Way, Inc.'s program expenses were:

  
Allocations to Agencies 15,801,718
Program/Community Services 5,141,714
Total Program Expenses: $20,943,432
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Governance

              

Chief Executive : Theresa Reno-Weber, President/CEO
Compensation*: 
$239,020

Chair of the Board: Mr. Chris Hermann
Chair's Profession / Business Affiliation: Retired

Board Size: 44

Paid Staff Size: 75

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

              

Method(s) Used:

Workplace giving campaigns, direct mail, grant proposals, internet, planned giving arrangements.
Fund raising costs were 12% of related contributions. (Related contributions, which totaled $24,278,565, 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, 2017.

Ending net assets as reported below include $10,370,752 in unrestricted net assets, $5,940,804 in temporarily restricted net assets, and $1,755,377 in permanently restricted net assets.

Unrestricted net assets include $2,462,024 invested in land, building, and equipment and $4,719,229 in unappropriated assets.

Total income and expenses as reported below include $5,226,815 in donor designated contributions. Donor designated contributions are contributions that are designated by the donor to be given to a specific organization. This amount is netted out from revenue and expense amounts in the audit as generally accepted accounting principles require that these contributions pass through as agency transactions net of administrative charges. The Internal Revenue Service allows donor designated contributions to be included in income and expenses for IRS reporting purposes.

Source of Funds  
Annual Campaign 24,076,493
Investment Results 706,397
Grants and other income 202,072
Other 37,716
Total Income $25,022,678


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Uses of Funds as a % of Total Expenses

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

Total income $25,022,678
Program expenses $20,943,432
Fund raising expenses 2,954,316
Administrative expenses 1,736,605
Total expenses $25,634,353
Expenses in Excess of Income (611,675)
Beginning net assets 17,136,202
Other Changes in Net Assets 1,542,406
Ending net assets 18,066,933
Total liabilities 5,597,754
Total assets $23,664,687


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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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