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New York BBB Wise Giving Report for
United Way of New York City

A BBB Accredited charity

 



Expiration Date:
10/2015
Name:
United Way of New York City
Address:
205 East 42nd Street, 12th Floor
New York, NY 10017
Phone:
212-251-2500
Year, State Incorporated:
1968, New York
Affiliates:
None
Stated Purpose:
" United Way of New York City helps to mobilize our communities to break down barriers and build opportunities that improve the lives of low-income New Yorkers, for the benefit of all. "





Evaluation Conclusions
 

              
United Way of New York City meets the 20 Standards for Charity Accountability.




Programs
 

              
United Way of New York City (UWNYC) engages in a wide range of strategies in its capacity as a convener, outcome-based program developer, funder-investor, nonprofit capacity builder, advocate and policy influencer. UWNYC's ultimate goal is to ensure that all New Yorkers have the building blocks of a good life: a quality education that leads to a stable job, enough income to support a family, and good health. Current UWNYC-led initiatives ensure children have the foundation they need to enter school ready to learn and progress at the right pace through each grade; help working families take control of their finances, manage spending, and save for the future; and, promote greater access to fresh produce in underserved communities.



Governance
 

              
Chief Executive Officer:
Ms. Sheena Wright, Executive Director
Compensation*:
$394,464
Chair of the Board:
Mr. Robert J. Kueppers
Chair's Profession / Business Affiliation:
Deputy Chief Executive Officer
Board Size:
32
Paid Staff Size:
80



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, internet, Workplace Campaign Collateral
Fund raising costs were 29.9% of related contributions. (Related contributions, which totaled $17,262,951, are donations received as a result of fund raising activities.)




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.




Financial
 

              
The following information is based on United Way of New York City's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Government Grants/Contracts

$23,434,760

Local Campaigns

21,572,123

Share of Regional Campaign

15,946,478

Special Events Revenue

5,634,256

Private Grants and Pooled Funds

1,488,032

Estates Legacies and Other

756,234

Campaign administrative Fees

724,568

Designations from Other United Ways

185,694

Donated Services

25,039

Change in Value of Beneficial Interest Perpetual Trust

(54,977)

Investment Return

(118,210)

Less: amount paid to other organizations for special events

(619,189)

Less: Special Events, Less Direct Expenses

(2,517,119)

Campaign, Less: Provision for non collectable receivables

(3,007,528)

Campaign, Less: Donor Designations

(22,015,375)

Total Income

$41,434,786

Program Expenses  

Contract Services and Other Grants

$22,972,795

Community Investment Services

5,679,504

Community Investment Grants and Awards

4,368,743
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

33,021,042
5,161,543
6,731,405

$44,913,990

$(3,479,204)




Uses of Funds as a % of Total Expenses


Programs: 74%  Fund Raising: 12%  Administrative 15% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $14,884,242
Ending net assets 5,922,508
Total liabilities 24,067,209

Total assets

$29,989,717






 

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. 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 fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.