United Way Of Massachusetts Bay And Merrimack Valley
United Way Of Massachusetts Bay And Merrimack Valley
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About this organization
Mission
We unite people to create change that lasts.
About
FINANCIAL OPPORTUNITIES ENDING HOMELESSNESS - At United Way, we believe all individuals and families should have safe, stable homes and the resources to keep them long term. On any given night in Massachusetts, more than 3,700 families are experiencing homelessness. That's more than 13,000 individuals, 60% of whom are children. The effects of homelessness are devastating for families. Children without homes are twice as likely to repeat a grade, four times as likely to develop asthma and other health issues, and are at a 52% higher risk for developmental delays. For parents, jobs can be hard to come by and harder to keep, putting the dream of security further out of reach. It doesn't have to be that way. OUR SOLUTION - Rising housing costs, mental health issues, substance misuse, and a host of other factors contribute to the increasing homelessness rate in our community. Our solution brings together nonprofits that address each of these issues as part of the complex whole. We fund programs that are working effectively, and we create and pilot new solutions where we see gaps. Our goals are: 1 - Stabilizing families in safe, affordable housing and providing long-term support so they can weather future emergencies. 2 - Investing in and piloting innovative new programs that can be rolled out state-wide. 3 - Scaling school-community partnerships that prevent homelessness, reduce disruptive school moves, help families develop financial well-being, and help vulnerable students attend school regularly. How We're Doing So Far: 1 - $2.1M annual investment in Ending Homelessness 2 - 10,410 Families in crisis avoided homelessness 3 - 20% Reduction in chronic homelessness since 2016 MOVING FAMILIES OUT OF POVERTY - At United Way, we believe every family deserves a pathway out of poverty. Too many people in our region know what it's like to be unemployed or work multiple jobs and still struggle to make ends meet. Too many of our neighbors have to decide between filling the fridge or filling a prescription. And too many people can't find a job that pays well enough to face these challenges head on. For these families, a single setback is enough to be financially devastating. OUR SOLUTION - There are few choices available to families on the edge of financial catastrophe. They could fall prey to predatory financial advice or services, and if they default on the loan, their credit suffers. Without good credit, their options thin even further. Just "finding a better job" isn't always the answer either. Without specific skills and training, people settle for low-paying jobs, leaving their savings to dry up before the month is out. Climbing out of poverty is complex. United Way is providing leadership to a network of nonprofits who serve families across our region. Together, we are creating solutions that work. We help families in need set reachable goals such as cleaning up their credit so they can rent a home, sending a child to college, or getting a job that will pay a living wage. We help families by: 1 - Investing in organizations that focus on job skills training that offers a defined career pathway driven by employer needs. 2 - Scaling an integrated services model with: financial coaching, career placement, public benefit screening services, all under one roof. 3 - Expanding access to financial coaching that helps families build credit, increase their savings, reduce debt and build assets. How We're Doing So Far: 1 - $2.8M annual investment in Moving Families Out of Poverty 2 - 3,147 Individuals placed in jobs 3 - $3,141 Average increase in annual savings for families receiving financial coaching
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “We unite to create positive, lasting change for people in need. we call it harnessing the power of people working together. and that means everyone - individuals, nonprofits, companies, and government agencies. we work every day to achieve our vision and mission by focusing on two foundations of better lives: financial opportunity and educational success. specifically: financial opportunity: ensuring that all families have safe housing, healthy food, and quality childcare; that they have jobs that allow them to support themselves and their families; and that they have access to financial tools and coaching to help build a better future. educational success: preparing children so they can enter school ready to learn, develop critical social and academic skills, and get the support they need to stay in school and graduate.”.
When detailing its duties, they were outlined as: “We unite to create positive, lasting change for people in need. we call it harnessing the power of people working together. and that means everyone - individuals, nonprofits, companies, and government agencies. we work every day to achieve our vision and mission by focusing on two foundations of better lives: financial opportunity and educational success. specifically: financial opportunity: ensuring that all families have safe housing, healthy food, and quality childcare; that they have jobs that allow them to support themselves and their families; and that they have access to financial tools and coaching to help build a better future. educational success: preparing children so they can enter school ready to learn, develop critical social and academic skills, and get the support they need to stay in school and graduate.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as MA.
- The filing records the non-profit's address for 2020 as 51 SLEEPER STREET, BOSTON, MA, 02210.
- The non-profit's form for the year 2020 reports a total of 157 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$2,039,477.
- The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 40 independent voting members.
- The organization was formed in 1965.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $9,233,519 in salary, compensation, and benefits to its employees.
- The organization pays $5,525,931 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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