United Way Inc
- Assets
- $29.2m
- Revenue
- $12.7m
- Investments
- $7.1m
- Employees
- 47
- Location
- Hartford, CT
- Founding
- 06/1934
- Data as of
- 06/2022
- EIN
- 06-0646653
Organization Overview
United Way Inc, operating under the name United Way Of Central And Northeastern Connecticut, is located in Hartford, CT. The organization was established in 1934. 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 06/2022, United Way Of Central And Northeastern Connecticut employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Central And Northeastern Connecticut 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, United Way Of Central And Northeastern Connecticut generated $12.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $10.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of Central And Northeastern Connecticut has awarded 1,592 individual grants totaling $92,234,323. 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
TO ENGAGE PEOPLE TO IMPROVE LIVES AND CHANGE COMMUNITY CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR DESIGNATIONS: THROUGH THE UWCNCT COMMUNITY CAMPAIGN, DONORS CAN DIRECT THEIR GIFTS TO ANY QUALIFIED ORGANIZATION IN THE UNITED STATES OVER WHICH UWCNCT EXERCISES/RETAINS NO DISCRETION AS TO USE DUE TO DONOR INSTRUCTION. IN ORDER TO QUALIFY, AN ORGANIZATION MUST MEET THE FOLLOWING THREE CRITERIA: (1) FULLY TAX EXEMPT, (2) DONATIONS ARE 100% TAX DEDUCTIBLE, (3) IN FULL COMPLIANCE WITH FEDERAL PATRIOT ACT LAW.
EDUCATION - YOUNG PEOPLE GRADUATE FROM HIGH SCHOOL COLLEGE AND CAREER READY: OUR UNITED WAY HELPS PREPARE YOUTH FOR ACADEMIC SUCCESS WITH AN EMPHASIS ON SCHOOL READINESS AND EARLY CHILDHOOD EDUCATION, MEETING APPROPRIATE GRADE-LEVEL READING BENCHMARKS, AND SUCCESSFUL TRANSITIONS FROM MIDDLE SCHOOL TO HIGH SCHOOL. WE BELIEVE THAT THESE COMPREHENSIVE APPROACHES TO ADDRESSING PRE-KINDERGARTEN THROUGH EIGHTH GRADE STUDENT ACHIEVEMENT WILL PROVIDE A SOLID FOUNDATION LEADING TO STUDENTS COMPLETING HIGH SCHOOL ON TIME AND WITH THE SKILLS NEEDED TO BE SUCCESSFUL IN COLLEGE AND BEYOND.
BASIC NEEDS - INDIVIDUALS AND FAMILIES HAVE BASIC SUPPORTS: WE PROVIDE SUPPORT FOR EMERGENCY SERVICES SUCH AS FOOD, SHELTER, DISASTER RELIEF SERVICES, BASIC MATERIAL NEEDS AND SUPPORT FOR SURVIVORS OF SEXUAL ASSAULT OR DOMESTIC VIOLENCE. IN ADDITION WE PROVIDE INFORMATION AND REFERRAL, AND ASSISTANCE TO INDIVIDUALS IN TIMES OF CRISIS SUCH AS THE RECENT COVID-19 PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula S Gilberto Outgoing President & Secretary/ceo | Officer | 52 | $196,495 |
Stefanie Boles Outgoing COO | Officer | 37.5 | $142,122 |
Jennifer Gifford Senior Vice President | 52 | $131,321 | |
Maura Cook Sr Director Of Mktg & Enga | 52 | $107,434 | |
Elizabeth Buczynski Director Of Community Inve | 37.5 | $105,683 | |
Eric Harrison President & Secretary/ceo | OfficerTrustee | 52 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Connecticut Center For Advance Technolog Consultant | 6/29/22 | $281,378 |
Capital Workforce Partners Consultant | 6/29/22 | $201,227 |
United Way Worldwide Marketing | 6/29/22 | $430,989 |
Dmarco Management Corporation Building Maintenance | 6/29/22 | $129,675 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $68,437 |
| Membership dues | $0 |
| Fundraising events | $35,887 |
| Related organizations | $0 |
| Government grants | $1,828,129 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,006,682 |
| Noncash contributions included in lines 1a–1f | $74,761 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,939,135 |
| Total Program Service Revenue | $0 |
| Investment income | $533,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $101,363 |
| Net Gain/Loss on Asset Sales | $114,950 |
| Net Income from Fundraising Events | -$21,482 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,702,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,037,701 |
| 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. | $253,641 |
| Compensation of current officers, directors, key employees. | $54,203 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,435,674 |
| Pension plan accruals and contributions | $17,477 |
| Other employee benefits | $394,487 |
| Payroll taxes | $249,779 |
| Fees for services: Management | $13,406 |
| Fees for services: Legal | $8,740 |
| Fees for services: Accounting | $47,886 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,000 |
| Fees for services: Other | $127,548 |
| Advertising and promotion | $118,457 |
| Office expenses | $160,880 |
| Information technology | $139,841 |
| Royalties | $0 |
| Occupancy | $320,762 |
| Travel | $8,394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,535 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $184,841 |
| Insurance | $183,749 |
| All other expenses | $0 |
| Total functional expenses | $10,377,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363 |
| Savings and temporary cash investments | $3,810,203 |
| Pledges and grants receivable | $1,403,097 |
| Accounts receivable, net | $234,502 |
| 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 | $65,302 |
| Net Land, buildings, and equipment | $653,842 |
| Investments—publicly traded securities | $15,865,340 |
| Investments—other securities | $7,122,131 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,958 |
| Total assets | $29,196,738 |
| Accounts payable and accrued expenses | $1,786,499 |
| Grants payable | $2,446,266 |
| 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 | $3,817,559 |
| Total liabilities | $8,050,324 |
| Net assets without donor restrictions | $12,521,495 |
| Net assets with donor restrictions | $8,624,919 |
| 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 | $29,196,738 |
Grants Awarded
Over the last fiscal year, United Way Inc has awarded $3,937,006 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
Hartford, CT PURPOSE: BOARD DESIGNATED GIFTS | $350,000 |
New Britain, CT PURPOSE: BOARD DESIGNATED GIFTS | $235,000 |
Hartford, CT PURPOSE: BOARD DESIGNATED GIFTS | $218,500 |
Rocky Hill, CT PURPOSE: DONOR DESIGNATED GIFTS | $200,500 |
West Nyack, NY PURPOSE: BOARD DESIGNATED GIFTS | $199,000 |
Hartford, CT PURPOSE: BOARD DESIGNATED GIFTS | $194,000 |
Grants Recieved
Over the last fiscal year, we have identified 45 grants that United Way Inc has recieved totaling $2,802,747.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $1,012,824 |
Lewis Roraback Tr Ui 40-755792 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $171,487 |
Georgia Safford Stone Tr Ua Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $166,122 |
The United Way Of Greater Waterbury Inc Waterbury, CT PURPOSE: GENERAL USE | $163,565 |
Prudential Foundation Inc Newark, NJ PURPOSE: EXPANDING OPPORTUNITIES FOR LOW-SKILLED WORKERS IN TARGETED INDUSTRY SECTORS | $150,000 |
Prudential Foundation Inc Newark, NJ PURPOSE: UNITED WAY COVID-19 FUND | $140,000 |
Endowment Analysis
| Beg. Balance | $18,221,118 |
| Earnings | -$1,755,779 |
| Other Expense | $600,000 |
| Ending Balance | $15,865,339 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
United Way Of Connecticut Rocky Hill, CT | $9,253,569 | $38,307,240 |
Foundation For Jewish Philanthropies Getzville, NY | $249,898,212 | $25,804,353 |
United Way Of Rhode Island Inc Providence, RI | $29,334,248 | $23,014,896 |
Syracuse Community Health Center Inc Syracuse, NY | $18,630,162 | $24,795,455 |
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 |
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 |