The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability:
6
United Way of Northeast Mississippi meets the remaining 19 Standards for Charity Accountability.
United Way of Northeast Mississippi (UWNEMS) works for the health, education, and financial stability of people in Northeast Mississippi. UWNEMS reports investing in programs and agencies that further the common good in the impact areas of academic success, family stability, and health and wellness. The organization reports that it also looks for opportunities to convene and find solutions to issues affecting the community. UWNEMS reports that it serves Chickasaw, Itawamba, Lee, Pontotoc, Prentiss, Tishomingo, and Union counties and currently invests in 64 nonprofit organizations that serve 125,000 individuals.
For the year ended September 30, 2018, United Way of Northeast Mississippi's program expenses were:
Allocations/grants |
$1,475,139 |
Community services |
$173,724 |
Total Program Expenses: |
$1,648,863 |
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Chief Executive
Melinda Tidwell, President
-
Compensation*
$99,408
-
Chair of the Board
Jeff King
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Chair's Profession / Business Affiliation
Executive Vice President, Community Bank
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Board Size
19
-
Paid Staff Size
11
*2017 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Radio, Television, Other
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $2,677,651, are donations received as a result of fundraising activities.)
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.
The following information is based on United Way of Northeast Mississippi's audited financial statements for the year ended September 30, 2018.
Source of Funds |
Contributions |
$1,605,596 |
Temporarily restricted contributions |
$995,625 |
Special events |
$76,430 |
Interest and dividends |
$33,879 |
Community projects |
$20,485 |
Service and subscription fees |
$16,720 |
Net realized and unrealized gain on investments |
$13,758 |
Grant from government agency |
$776 |
Total Income |
$2,763,269 |
- Programs: 71%
- Administrative: 18%
- Fundraising: 10%
- Other: Less than 1%
Total Income |
$2,763,269 |
Program expenses |
$1,648,863 |
Fundraising expenses |
$233,193 |
Administrative expenses |
$419,976 |
Other expenses |
$27,813 |
Total expenses: |
$2,329,845 |
Income in Excess of Expenses |
$433,424 |
Beginning Net Assets |
$1,947,096 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$2,380,520 |
Total Liabilities |
$21,202 |
Total Assets |
$2,401,722 |
Note: In the financial summary above, “other expenses” refers to unallocated payment to affiliated organization ($26,359) and designated endowment ($1,454).