Your trust is important to us. That’s why we work extra hard to ensure that we operate with the utmost efficiency and accountability. After all, improving people’s lives is serious business. Each year, United Way engages the services of a certified public accounting firm to audit our financial records as well as prepare our IRS Form 990, the annual tax return for non-profit organizations. Currently, the firm of BDO Seidman serve as our auditors. Audited financial statements and federal tax returns exclude some information, which is helpful to understanding the role of this United Way in the community. Total economic impact
The financial documents attached below only reflect revenues, distributions and expenditures for the most recent fiscal year ending June 30, 2009. However, in addition to raising and distributing dollars, United Way also recruits and places volunteers, attracts matching dollars for the money we distribute, generates in-kind gifts, advocates for effective public policy – all of which have a significant economic benefit to our community. This past year, we turned every community dollar into $2.41 worth of help for the community. Overhead
Our overhead costs are 15.7%. This is based on United Way of America's new standards for reporting administrative and fundraising costs against the net revenue information presented in IRS Form 990. We spend approximately 84.3% of United Way dollars on program activities, or community investments. According to the Better Business Bureau Wise Giving Alliance, spending at least 65% of total expenses on program activities is acceptable. Click here to view our financial statements for the 2008-2009 fiscal year Click here to view our 990 tax return for the 2008-2009 fiscal year Click here to view United Way of America's Standards of Excellence Click here to view the 2009 Determination letters United Way Board of Directors
BOARD CHAIR Sheldon T. Anderson PRESIDENT & CEO Harve A. Mogul, United Way of Miami-Dade EXECUTIVE COMMITTEE Jayne H. Abess Antonio (Tony) L. Argiz Hilarie Bass Cesar A. Clavero Marshall M. Criser, III Stephen G. Danner Juan A. del Busto Carolyn Donaldson Jorge L. Hernandez-Toraño Frederick Jackson, Jr. John Lowell, Jr. Rudolph G. Moise, D.O. Carmen M. Perez Mary M. Young BOARD Michael C. Aller Karen B. Aronowitz Jonathan Batchelor Manuel J. Becerra Yolanda C. Berkowitz Darlene Boytell-Perez Steven J. Brodie George M. Burgess Alberto M. Carvalho Miguel A. Cervoni Carolina P. Cisneros Karin C. Darmanin Pedro M. de Armas Robert D. Fatovic James L. Ferraro Jorge J. Gonzalez Matthew B. Gorson Daniel J. Hanrahan Peggy M. Hollander Laurie B. Jennings David A. Landsberg Angel Medina, Jr. Michael S. Meredith Hector S. Mojena Deborah P. Morrison Natacha Munilla Joseph T. Natoli Ann E. Pope Miguel Pumareiga Norma A. Quintero Toni Randolph Jose A. Sanchez Eugene M. Schaefer Penelope S. Shaffer, Ph.D. H. Allan Shore Andrew M. Smulian John L. Sumberg Trae Williamson ADVISORY COUNCIL Cesar L. Alvarez Jose R. Arriola Jeffrey S. Bartel Peter L. Bermont Alvaro M. Cabrera Wayne E. Chaplin Robert H. Dickinson Peter J. Dolara Albert E. Dotson, Jr. Richard D. Fain Miguel B. Fernandez Luis Fernandez-Rocha Adolfo Henriques George F. Knox, Jr. Joseph P. Lacher David Lawrence, Jr. Susan Miller Susan Potter Norton Eduardo Padron, Ph.D. Mark B. Rosenberg, Ph.D. J. David Scheiner Donna E. Shalala, Ph.D. Merrett R. Stierheim Robert C. Strauss Gregory T. Swienton Donn A. Szaro EX-OFFICIO The Honorable Carlos Alvarez Alexander E. Formoso Priscilla Morales
|