United Way of Greater Toledo
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
United Way of Greater Toledo meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to unite the caring power of people to improve lives."
Year, State Incorporated:
1918, OH
United Way of Greater Toledo (UW Toledo) reports it raises funds in Lucas, Ottawa, and Wood counties to support programs focused on education, financial stability, health, and housing resources. The organization partners with community organizations and corporations to help adults, children, and families live happy and healthy lives.
For the year ended June 30, 2023, United Way of Greater Toledo's program expenses were:
Community impact, leadership, and support | $3,963,868 |
United Way 2-1-1 | $674,819 |
Other program services | $531,217 |
Total Program Expenses | $5,169,904 |
Chief Executive
Wendy Pestrue, J.D., Chief Executive Officer
Compensation*
$177,050
Chair of the Board
Joel Jerger
Chair's Profession / Business Affiliation
Market President, Premier Bank
Board Size
19
Paid Staff Size
29
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Membership appeals, Planned giving arrangements, Telephone appeals
Fundraising costs were 14% of related contributions. (Related contributions, which totaled $6,839,169, 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 Greater Toledo's audited financial statements for the year ended June 30, 2023.
Source of Funds
Campaign revenue | $5,828,354 |
Investment income, net | $1,969,404 |
Grants | $822,645 |
Employee retention tax credit | $188,170 |
Total Income | $8,808,573 |
Programs: 77% Fundraising: 14% Administrative: 9%
Total Income | $8,808,573 |
Total expenses: | $6,699,679 |
Program expenses | $5,169,904 |
Fundraising expenses | $926,734 |
Administrative expenses | $603,041 |
Other expenses | $0 |
Income in Excess of Expenses | $2,108,894 |
Beginning Net Assets | $22,345,413 |
Other Changes In Net Assets | $66,058 |
Ending Net Assets | $23,294,452 |
Total Liabilities | $4,131,158 |
Total Assets | $27,425,610 |
Note: In the above financial statements, “other changes in net assets” refers to pledges received for future campaigns ($169,867), provisions for uncollectible pledges (-$168,134), a change in the value of the beneficial interest in perpetual trust ($62,255) and loss on disposal of property and equipment ($2,250).
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 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 International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.