Better Business Bureau Report for
United Way of Lake County, Inc.

Better Business Bureau Report issued January 2017
Better Business Bureau Report expires January 2018


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 Lake County, Inc.
Address: 9285 Progress Pkwy.
  Mentor, OH 44060
Phone: 440-352-3166
Web Address: www.uwlc.org
Also known as:United Way of Lake County
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Better Business Bureau Comments

Formerly known as:Lake County United Way

Year, State Incorporated: 1976, Ohio
Affiliates: None
Stated Purpose: "to measurably improve the quality of people's lives in Lake County."

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Evaluation Conclusions

              

United Way of Lake County, Inc. (UWLC) meets the 20 Standards for Charity Accountability.
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Programs

              

It funds 74 different programs covering five different service areas; including: programs for children, senior citizens, basic needs, health services, and health counseling. It has an Evaluation & Investment Committee (E&I), a group of 51 community volunteers, who meet with agency directors and volunteers for nearly 800 hours to review outcomes and evaluate how donor dollars will be used in fiscal year 2013. Donors who give to United Way of Lake County can be assured that their dollars are going to where they are most needed and where they will have the most impact. They can also be assured their donations stay in Lake County. All programs funded through United Way of Lake County must meet a high priority, make a positive impact, and be effective and efficient.

For the fiscal year ended June 30, 2016, UWLC's program expenses were:

  
Net Funds Awarded 1,481,892
Community Impact 418,239
Allocations and Agency Relations 71,774
Total Program Expenses: $1,971,905
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Governance

              

Chief Executive : Jennifer McCarty, President & CEO
Compensation*: 

Chair of the Board: Gabe Rhoads
Chair's Profession / Business Affiliation: Lubrizol Corp.

Board Size: 25

Paid Staff Size: 8

*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, internet
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $1,992,891, 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 UWLC's audited financial statements for the fiscal year ended June 30, 2016.

Source of Funds  
Net Campaign Revenue 1,894,362
Investment Income 114,159
Gifts in Kind 88,966
Grant 9,563
Other Income 1,708
Unrealized Losses on Investments -115,058
Total Income $1,993,700


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 12%  Administrative: 8% 

Total income $1,993,700
Program expenses $1,971,905
Fund raising expenses 308,116
Administrative expenses 195,086
Total expenses $2,475,107
Expenses in Excess of Income (481,407)
Beginning net assets 2,421,585
Ending net assets 1,940,178
Total liabilities 1,468,936
Total assets $3,409,114


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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.

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