United Way Of Central Massachusetts Inc
- Assets
- $17.6m
- Revenue
- $12.3m
- Investments
- $203.8k
- Employees
- 29
- Location
- Worcester, MA
- Founding
- 10/1963
- Data as of
- 06/2021
- EIN
- 04-2104017
Organization Overview
United Way Of Central Massachusetts Inc is located in Worcester, MA. The organization was established in 1963. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, United Way Of Central Massachusetts Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Central Massachusetts Inc 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 06/2021, United Way Of Central Massachusetts Inc generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $8.4m during the year ending 06/2021. While expenses have increased by 4.3% per year over the past 6 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 2019, United Way Of Central Massachusetts Inc has awarded 777 individual grants totaling $17,281,700. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNITED WAY OF CENTRAL MA CONNECTS PEOPLE AND RESOURCES TO IMPROVE THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY IMPACT PROGRAM - THE COMMUNITY IMPACT PROGRAM PLAYS A CRITICAL ROLE IN IMPROVING OUR COMMUNITY. OUR WORK IS ORGANIZED AROUND EDUCATION, FAMILY STABILITY AND HEALTH, WHICH ARE CONSIDERED ESSENTIAL BUILDING BLOCKS FOR A SUCCESSFUL LIFE. IN ADDITION, THIS PROGRAM HELPS TO PROVIDING SERVICES TO STABILIZE THOSE WHO ARE UNABLE TO MEET THEIR BASIC NEEDS DUE TO CONDITIONS THAT CREATE VULNERABILITY. UNITED WAY OF CENTRAL MASSACHUSETTS STAFF AND VOLUNTEERS, THROUGH A COMPETITIVE PROCESS, EVALUATE FUNDING PROPOSALS, SELECT THE HIGHEST QUALITY AGENCY PROGRAM TO FUND, AND MONITOR PROGRAM RESULTS TO ENSURE MAXIMUM COMMUNITY IMPACT. DURING FY 2021, 44 FUNDED PROGRAMS PROVIDED SERVICES IN ONE OR MORE OF THE THREE BASIC COMPONENTS FOR A SUCCESSFUL LIFE: EDUCATION, FAMILY STABILITY, AND HEALTH.IN ADDITION, 58 PROGRAMS RECEIVED FUNDING TO PROVIDE COVID-19 PANDEMIC-RELATED ASSISTANCE TOTALING MORE THAN $1.8M
WOMEN'S INITIATIVE COMMUNITY IMPACT PROGRAM. THE WOMEN'S INITIATIVE FOCUSES ON BUILDING, STRENGTHENING, AND SUPPORTING THE DEVELOPMENT OF CONFIDENT AND SAFE ADOLESCENT GIRLS, AND HAS SUCCESSFULLY BROUGHT ABOUT LASTING CHANGE. THROUGH EDUCATIONAL EVENTS, GRANTS FOR AREA PROGRAMS, FINANCIAL LITERACY EDUCATION, AND SPONSORSHIP OF A COMPREHENSIVE LOCAL NEEDS ASSESSMENT, THE WOMEN'S INITIATIVE OF THE UNITED WAY IS A THRIVING VEHICLE OF CHANGE FOR GIRLS IN CENTRAL MASSACHUSETTS.THE WOMEN'S INITIATIVE COMMUNITY IMPACT PROGRAM FUNDED 9 COMMUNITY BASED PROGRAMS AND SPONSORED 3 LOCAL EDUCATIONAL EVENTS.
YOUTHCONNECT PROGRAM - YOUTHCONNECT WORCESTER PROVIDES HIGH QUALITY, YEAR ROUND, NEIGHBORHOOD-BASED YOUTH DEVELOPMENT OPPORTUNITIES FOR RECREATION, EDUCATION AND CULTURE TO ISOLATED AND UNDER-SERVED WORCESTER YOUTH AGE 5-24 (FOCUSING ON THE MIDDLE SCHOOL YEARS) WHO RESIDE IN WORCESTER'S MOST AT RISK NEIGHBORHOODS. WE DO THIS THROUGH THE ESTABLISHMENT OF A SEAMLESS, INCLUSIVE YOUTH-SERVING CONSORTIUM, MODELED ON BEST PRACTICE, UTILIZING A COMMON SYSTEM OF MEASURES TO DRIVE EFFICIENT USE OF RESOURCES FOR IMPACT, AND BUILT ON A FRAMEWORK THAT DELIVERS POSITIVE OUTCOMES IN THE AREAS OF HEALTH, EDUCATION, AND FAMILY STABILITY. PARTNERS INCLUDE: BOYS AND GIRLS CLUB OF WORCESTER, FRIENDLY HOUSE, GIRLS INC. OF WORCESTER, YMCA OF CENTRAL MA, Y.O.U. INC., YWCA OF CENTRAL MA, AND WORCESTER YOUTH CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy J Garvin President And CEO | Officer | 35 | $168,850 |
James Hayes Chief Operating Officer | Officer | 35 | $124,011 |
Jennifer Davis Carey Executive Dir., Worc. Educ | Officer | 35 | $121,837 |
Sheilah H Dooley Clerk | OfficerTrustee | 1 | $0 |
Reverend Clyde Talley Treasurer | OfficerTrustee | 1 | $0 |
Joseph M Hamilton Chair Of Community Impact | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,647,228 |
| Membership dues | $0 |
| Fundraising events | $28,041 |
| Related organizations | $0 |
| Government grants | $1,262,863 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,323,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,261,949 |
| Total Program Service Revenue | $0 |
| Investment income | $27,546 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $793,594 |
| Net Income from Fundraising Events | $19,124 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,267,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,195,287 |
| 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. | $414,698 |
| Compensation of current officers, directors, key employees. | $145,144 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $878,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $208,435 |
| Payroll taxes | $88,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,385 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,404 |
| Fees for services: Other | $388,086 |
| Advertising and promotion | $28,056 |
| Office expenses | $44,404 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $160,471 |
| Travel | $28,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $384,436 |
| Interest | $0 |
| Payments to affiliates | $75,801 |
| Depreciation, depletion, and amortization | $8,820 |
| Insurance | $8,566 |
| All other expenses | $0 |
| Total functional expenses | $8,375,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,369,898 |
| Savings and temporary cash investments | $28,478 |
| Pledges and grants receivable | $1,167,090 |
| Accounts receivable, net | $88,914 |
| 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 | $63,545 |
| Net Land, buildings, and equipment | $19,272 |
| Investments—publicly traded securities | $12,211,351 |
| Investments—other securities | $203,765 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,454,203 |
| Total assets | $17,606,516 |
| Accounts payable and accrued expenses | $328,006 |
| Grants payable | $2,510,795 |
| 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 | $268,857 |
| Other liabilities | $228,194 |
| Total liabilities | $3,335,852 |
| Net assets without donor restrictions | $11,822,746 |
| Net assets with donor restrictions | $2,447,918 |
| 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 | $17,606,516 |
Grants Awarded
Over the last fiscal year, United Way Of Central Massachusetts Inc has awarded $6,079,297 in support to 228 organizations.
| Grant Recipient | Amount |
|---|---|
Worcester, MA PURPOSE: COMMUNITY SUPPORT | $302,602 |
Worcester, MA PURPOSE: COMMUNITY SUPPORT | $247,640 |
Worcester, MA PURPOSE: PROGRAM OPERATING | $205,304 |
Worcester, MA PURPOSE: COMMUNITY SUPPORT | $185,569 |
Worcester, MA PURPOSE: COMMUNITY SUPPORT | $170,037 |
Worcester, MA PURPOSE: COMMUNITY SUPPORT | $155,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that United Way Of Central Massachusetts Inc has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Hometown Bank Community Foundation Inc Oxford, MA PURPOSE: EXEMPT PURPOSE | $3,500 |
Endowment Analysis
| Beg. Balance | $8,400,887 |
| Earnings | $2,474,184 |
| Admin Expense | $88,618 |
| Net Contributions | $4,500,000 |
| Other Expense | $417,133 |
| Ending Balance | $14,869,320 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse Guild International Inc New York, NY | $511,507,297 | $10,629,551 |
North Star Fund Inc New York, NY | $26,831,975 | $32,265,698 |
Granite United Way Manchester, NH | $10,904,464 | $19,030,593 |
United Way Of Buffalo And Erie County Buffalo, NY | $31,555,637 | $14,020,396 |
United Way Of Long Island Deer Park, NY | $13,444,061 | $14,770,315 |
Wellington Management Foundation Boston, MA | $61,260,814 | $15,149,104 |
Keren Hayeshivot Trust Brooklyn, NY | $1,238,192 | $11,653,329 |
Ovarian Cancer Research Fund Inc New York, NY | $32,985,153 | $13,088,201 |
United Way Of Tri County Inc Framingham, MA | $6,314,872 | $10,584,211 |
United Way Of Greater New Haven Inc New Haven, CT | $7,094,504 | $11,335,998 |
United Way Inc Hartford, CT | $29,196,738 | $12,702,734 |
United Way Of Central New York Inc Syracuse, NY | $9,420,955 | $9,385,723 |