United Way of Mid Rural New York Inc

Nonprofit profile at a glance

EIN
160998159
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Norwich, NY, USA
Phone
6073348815
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$729,201
Expenses
$786,060
Assets
$2,739,842
Liabilities
$43,736

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • ELIZABETH MONACO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ELIZABETH MONACO (EXECUTIVE DIRECTOR): $74,891 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chenango united way builds partnerships and maximizes resources to improve the quality of life for local residents in the focus areas of income, education and health.

What it reported doing in 2024

Health - provided funds to eligible programs with funds collected via annual campaign to support health focus area - increase opportunities to improve people's health by focusing on efforts toward disease prevention, managing risk factors and increasing health awareness in order to specifically address the issue of the high rates of heart disease, obesity and oral/pharynx cancer in chenango county.education - provide funds to eligible programs with funds collected via annual campaign to support education focus area - increase opportunities to improve the safety of youth, provide services for the disabled youth demographic and increase the school readiness and school completion rates of youths in chenango county in order to help all youth achieve their full potential.income - provided funds to eligible programs with funds collected via annual campaign to support income focus area - increase opportunities to address the long term financial security of chenango county families by helping families: gain financial independence, increase income, build savings, and grow assets, so that they have reduced debt and are working toward goals such as postsecondary education, stable housing, business or retirement.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 84
  • Accountability: 92
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 72.1%; rating input score 72
  • Fundraising efficiency: $6.43 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 90.1%; rating input score 90; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.8%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 3.49; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 1.5% per year; rating input score 100; 21st percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 81.9% of revenue deployed · 72.1% of spending went to programs
  • Governance: 12 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $567K in reported program spending
  • Leadership: top reported pay $75K · 15 people listed
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 19 filed money-flow records
  • Related organizations: 17 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Sustainability: Operating margin scored 20/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.