Louisville Urban League
- Assets
- $53.3m
- Revenue
- $22.1m
- Investments
- $24.6m
- Employees
- 199
- Location
- Louisville, KY
- Founding
- 04/1963
- Data as of
- 06/2022
- EIN
- 61-0444771
Organization Overview
Louisville Urban League is located in Louisville, KY. The organization was established in 1963. According to its NTEE Classification (P22) the organization is classified as: Urban League, under the broad grouping of Human Services and related organizations. As of 06/2022, Louisville Urban League employed 199 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Urban League is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Louisville Urban League generated $22.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.3% each year . All expenses for the organization totaled $13.0m during the year ending 06/2022. While expenses have increased by 23.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Louisville Urban League has awarded 16 individual grants totaling $1,945,081. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS AN ACTIVE PARTNER, LEADER AND CATALYST WE WILL ASSIST AFRICAN AMERICANS, OTHER MINORITY GROUPS AND THE DISADVANTAGED ATTAIN SOCIAL AND ECONOMIC EQUALITY AND STABILITY THROUGH DIRECT SERVICES AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOUISVILLE URBAN LEAGUE'S EMPLOYMENT SERVICES PROGRAM, THROUGH ITS CENTER FOR WORKFORCE DEVELOPMENT SERVICES, SERVES AS A STAFFING AND RECRUITMENT RESOURCE FOR THE LOUISVILLE AREA BUSINESS COMMUNITY BY PROVIDING A FULL ARRAY OF PROFESSIONAL EMPLOYMENT SERVICES TO SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS SEEKING EMPLOYMENT, A CAREER CHANGE AND JOB TRAINING.
ADVOCACY
THE LOUISVILLE URBAN LEAGUE'S CENTER FOR HOUSING AND ECONOMIC EMPOWERMENT PROVIDES COMPREHENSIVE HOUSING COUNSELING AND FINANCIAL EDUCATION PROGRAMS TO FAMILIES THROUGHOUT THE LOUISVILLE METRO AREA TO HELP INCREASE ACCESS TO SAFE, DECENT, AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME HOUSEHOLDS. PROGRAM SERVICES INCLUDE HOME OWNERSHIP TRAINING, RENTAL READINESS, MORTGAGE DEFAULT/FORECLOSURE COUNSELING, BUDGET AND CREDIT COUNSELING, FAIR HOUSING EDUCATION, AND A VARIETY OF FINANCIAL EDUCATION CLASSES.
THE LOUISVILLE URBAN LEAGUE'S YOUTH DEVELOPMENT AND EDUCATION DEPARTMENT PROVIDES A PORTFOLIO OF OUT OF SCHOOL TIME (OST) YOUTH AND EDUCATION DEPARTMENT PROGRAMS DESIGNED TO PROVIDE ACADEMIC ASSISTANCE, LIFE SKILLS, LEADERSHIP DEVELOPMENT, COMMUNITY SERVICE, AND COLLEGE AND CAREER EXPLORATION FOR AT RISK YOUTH. SERVICES ALSO INCLUDE PARENTAL INVOLVEMENT AND EDUCATIONAL ATTAINMENT PROGRAMS FOR ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorri Lee Chair | OfficerTrustee | 1 | $0 |
Hunt Helm PHD Treasurer | OfficerTrustee | 1 | $0 |
Sadiqa Reynolds ESQ President And CEO | OfficerTrustee | 40 | $268,397 |
A Diane Porter Board Member | Trustee | 1 | $0 |
Alan Quinkert Board Member | Trustee | 1 | $0 |
Billie Castle PHD Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $72,732 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,895,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,628,910 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,597,270 |
| Total Program Service Revenue | $268,509 |
| Investment income | $548,599 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,063,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,704,776 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $268,397 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,365,862 |
| Pension plan accruals and contributions | $143,686 |
| Other employee benefits | $300,471 |
| Payroll taxes | $270,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,203,952 |
| Advertising and promotion | $9,274 |
| Office expenses | $126,749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,440 |
| Travel | $56,100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $107,645 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,985,356 |
| Insurance | $96,699 |
| All other expenses | $685,166 |
| Total functional expenses | $12,992,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,134,328 |
| Savings and temporary cash investments | $37,000 |
| Pledges and grants receivable | $47,350 |
| Accounts receivable, net | $8,933,024 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,723,315 |
| Investments—publicly traded securities | $2,591,115 |
| Investments—other securities | $24,644,364 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,000 |
| Total assets | $53,260,496 |
| Accounts payable and accrued expenses | $894,345 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,682,435 |
| Total liabilities | $23,576,780 |
| Net assets without donor restrictions | $17,503,606 |
| Net assets with donor restrictions | $12,180,110 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $53,260,496 |
Grants Awarded
Over the last fiscal year, Louisville Urban League has awarded $900,436 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SIMMONS COLLEGE OF KENTUCKY PURPOSE: TO PROMOTE AND FACILITATE THE MISSION OF THE ORGANIZATION. | $250,000 |
ACADEMY OF MUSIC PRODUCTION EDUCATION AND DEVELOPMENT PURPOSE: TO PROMOTE AND FACILITATE THE MISSION OF THE ORGANIZATION. | $500,000 |
SPONSOR 4 SUCCESS PURPOSE: TO PROMOTE AND FACILITATE THE MISSION OF THE ORGANIZATION. | $124,136 |
SOWING SEEDS WITH FAITH LOUISVILLE PURPOSE: TO PROMOTE AND FACILITATE THE MISSION OF THE ORGANIZATION. | $6,300 |
BRIDGE KIDS INTERNATIONAL PURPOSE: TO PROMOTE AND FACILITATE THE MISSION OF THE ORGANIZATION. | $20,000 |