Financial Information
United Way of the Greater Capital Region (UWGCR) adheres to stringent financial reporting requirements to ensure accountability and transparency. Each year, UWGCR undergoes an audit by an independent CPA firm and files the Form 990 with the IRS and the CHAR500 with New York State. The audit report, Form 990, and CHAR500 are reviewed by UWGCR’s Finance Committee and approved by the Board of Directors.
There is nothing more important to UWGCR than the trust and confidence of our donors. For that reason, UWGCR maintains the highest standards of professionalism, accountability, and transparency in the stewardship and financial management of donors’ investments into our community. We believe that a key element of transparency is freely sharing not only our IRS Form 990 and CHAR500 (as required by law) but also our independently audited financial statements. It is our hope that doing so demonstrates our commitment to public accountability for the financial stewardship of the assets our donors have entrusted to us.
Below you will find UWGCR's independently audited Annual Financial Statements, IRS Form 990 filings and CHAR500, and Annual Reports for the most recent 3 years. For copies of earlier years, please contact finance@unitedwaygcr.org. Additionally, we have listed our accreditations.
Accreditations
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United Way Worldwide Organizational Background
United Way Worldwide is the leadership and support organization for the global network of more than 1,100 community-based United Ways in 34 countries and territories. From strengthening local resilience to advancing health, youth opportunity, and financial security, United Way is mobilizing communities to action so all can thrive.
Ethics and Compliance
Financial Information
Download United Way Worldwide's completed Independently Audited Annual Financial Statements, IRS Form 990s, and Annual Reports for the most recent 7 calendar here.
Code of Ethics
United Way volunteers, employees and representatives have a responsibility to uphold the highest ethical standards. We believe these standards go beyond compliance with laws and regulations — calling us to fulfill higher obligations as stewards of the public trust. United Way Worldwide's Code of Ethics sets forth standards and responsibilities toward this end. The Board of Directors and all United Way Worldwide staff approve the code annually and board members are required to personally certify their compliance to it. Read our code as a PDF document.
Counterterrorism Laws
United Way Worldwide complies with the U.S. Patriot Act and all other counterterrorism laws. Affirmative action is taken to prevent technical, in-kind, or other resources from inadvertently being used for illegal acts and terrorist activities.
General Data Protection Regulation (GDPR)
United Way Worldwide’s privacy policy and United Way of the Greater Capital Region's privacy policy practices are consistent with expectations of GDPR.
Accountability for all United Ways
For United Way, success means measurable improvements in the communities we serve. Setting high standards for ourselves and for our local partners is critical for that success.
Annually, all United Ways certify their adherence to standards that include comprehensive requirements for financial reporting, governance, ethics, diversity and operations. Specifically, United Ways must meet the following:
Tax-Exempt Status
All United Ways in the USA must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code as well as corresponding provisions of other applicable state, local or foreign laws or regulations.
Ethics
All United Ways follow locally adopted codes of ethics for volunteers and staff that include provisions for ethical management, publicity, fundraising practices and full and fair disclosure.
Governance
United Ways are governed by active, responsible, and voluntary governing boards to ensure effective governance over the policies and financial resources of the organization. These boards are responsible for United Ways delivering on their mission to advance the common good.
Diversity, Equity, and Inclusion
United Ways have adopted policies/statements to ensure volunteers and staff broadly reflect the diversity of the community served. By July 2021, all United Ways will adopt and publicly post their position opposing racial/ethnic discrimination and other forms of oppression. They will provide their board members and staff with annual racial equity training, and use race equity as one criteria to be considered in making community investments.
In support of the United Way network, United Way Worldwide provides equity frameworks and toolkits that are also available to the general public and can be found on our Equity website.
Financial Accountability
United Ways undergo annual financial audits conducted by independent certified public accountants whose examination complies with generally accepted auditing standards. In addition, United Ways have developed comprehensive requirements for completion of audited financial statements to ensure consistency and transparency system-wide. These requirements are based on industry best practices and comport with generally accepted accounting principles. Smaller United Ways (with less than $500,000 in annual revenue) may undergo an independent financial review.
Performance Excellence
Every three years, United Ways conduct self-assessments of their governance, financial management and impact in the community.
Public Reporting and Disclosure
United Ways in the USA must file the IRS Form 990 in a timely manner and will provide the IRS Form 990 on their website, at their offices, or upon request.
Legal
United Ways comply with all applicable local, state and federal operating and reporting requirements.
Support the United Way Network
United Ways provide financial support to United Way Worldwide and follow standards to use United Way's trademarks. United Ways charge fees based on actual expenses for donor-designated gifts and other processing services.