United Way Of The Valley & Greater Utica Area Inc
- Assets
- $3.1m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 26
- Location
- Utica, NY
- Founding
- 07/1956
- Data as of
- 06/2021
- EIN
- 15-0532074
Organization Overview
United Way Of The Valley & Greater Utica Area Inc is located in Utica, NY. The organization was established in 1956. 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 The Valley & Greater Utica Area Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of The Valley & Greater Utica Area 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 The Valley & Greater Utica Area Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $3.3m during the year ending 06/2021. While expenses have increased by 6.3% 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 2015, United Way Of The Valley & Greater Utica Area Inc has awarded 177 individual grants totaling $4,800,604. 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
PROMOTE INDIVIDUAL WELL BEING, STRENGTHEN FAMILIES, AND IMPROVE QUALITY OF LIFE IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF UWMV IS TO MOBILIZE THE CARING POWER OF THE MOHAWK VALLEY COMMUNITY. STRATEGIC COMMUNITY INVESTMENT FUNDING IS CONCENTRATED AROUND COLLABORATIVE PARTNERSHIPS AND COALITIONS, ASSESSMENT OF COMMUNITY NEEDS, AND THE DISTRIBUTION OF FUNDS TO SUPPORT PROGRAMS IN THE FOLLOWING FOCUS AREAS: EDUCATION, HEALTH, AND FINANCIAL STABILITY. MORE SPECIFICALLY, EARLY EDUCATION, CHILDCARE, AND HOMELESSNESS PREVENTION CONTINUE TO BE INVESTMENT AREAS. THE UWMV FUNDED 29 AGENCIES IN THIS FISCAL YEAR IN ADDITION TO UWMV-LED 3 INITIATIVES: READY FOR KINDERGARTEN, ACADEMICS FIRST EXTENDED DAY CHILDCARE CENTER, AND 211 MID-YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Gutierrez Matt Executive Director | Officer | 40 | $95,000 |
Jaime Bonfardice Chief Financial Officer | Officer | 40 | $68,000 |
William F Perrotti President | OfficerTrustee | 1 | $0 |
Gregory M Morra Treasurer | OfficerTrustee | 1 | $0 |
Matthew A Nicholl Vice President | OfficerTrustee | 1 | $0 |
Frank Dilorenzo Audit Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,419,931 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,841,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,072 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,468,045 |
| Total Program Service Revenue | $0 |
| Investment income | $2,054 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $386 |
| Net Income from Fundraising Events | $76,930 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,599,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $714,746 |
| 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. | $173,133 |
| Compensation of current officers, directors, key employees. | $29,433 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $978,325 |
| Pension plan accruals and contributions | $40,212 |
| Other employee benefits | $77,847 |
| Payroll taxes | $84,197 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,978 |
| Fees for services: Accounting | $14,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,371 |
| Fees for services: Other | $938,364 |
| Advertising and promotion | $12,116 |
| Office expenses | $61,207 |
| Information technology | $1,963 |
| Royalties | $0 |
| Occupancy | $83,703 |
| Travel | $3,906 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,099 |
| Interest | $0 |
| Payments to affiliates | $27,450 |
| Depreciation, depletion, and amortization | $7,272 |
| Insurance | $5,482 |
| All other expenses | $0 |
| Total functional expenses | $3,312,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,539 |
| Savings and temporary cash investments | $259,494 |
| Pledges and grants receivable | $1,078,724 |
| Accounts receivable, net | $0 |
| 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 | $24,066 |
| Net Land, buildings, and equipment | $32,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,519,112 |
| Total assets | $3,142,804 |
| Accounts payable and accrued expenses | $150,594 |
| Grants payable | $0 |
| Deferred revenue | $6,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $62,590 |
| 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 | $196,995 |
| Total liabilities | $416,179 |
| Net assets without donor restrictions | $1,928,272 |
| Net assets with donor restrictions | $798,353 |
| 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 | $3,142,804 |
Grants Awarded
Over the last fiscal year, United Way Of The Valley & Greater Utica Area Inc has awarded $556,816 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Utica, NY PURPOSE: FUNDED PARTNER | $59,155 |
Ilion, NY PURPOSE: FUNDED PARTNER | $44,702 |
AIDS COMMUNITY RESOURCES PURPOSE: FUNDED PARTNER | $41,404 |
NEIGHBORHOOD CENTER OF UTICA PURPOSE: FUNDED PARTNER | $37,569 |
Utica, NY PURPOSE: FUNDED PARTNER | $34,114 |
YMCA OF THE MOHAWK VALLEY PURPOSE: FUNDED PARTNER | $31,552 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that United Way Of The Valley & Greater Utica Area Inc has recieved totaling $251,285.
| Awarding Organization | Amount |
|---|---|
2-1-1 New York Inc Latham, NY PURPOSE: TO LEAD AND OVERSEE THE DEVELOPMENT AND OPERATION OF A STATE-WIDE, FREE, HEALTH AND HUMAN SERVICES INFORMATION AND REFERRAL SYSTEM, ACCESSIBLE THROUGH THE 2-1-1 DIALING CODE. | $78,701 |
United Way Worldwide Alexandria, VA PURPOSE: HEALTH & HUMAN SERVICES, GENERAL CHARITABLE OPERATIONS | $50,120 |
Utica National Foundation Inc Utica, NY PURPOSE: CORPORATE PLEDGE DONATION | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $20,000 |
Utica National Foundation Inc Utica, NY PURPOSE: CORPORATE PLEDGE DONATION | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,106 |
Endowment Analysis
| Beg. Balance | $608,500 |
| Earnings | $189,542 |
| Ending Balance | $798,042 |
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 |
United Way Of Bergen County Paramus, NJ | $30,271,619 | $16,270,987 |
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 |
United Way Of Berks County Reading, PA | $37,493,734 | $14,271,656 |
Wellington Management Foundation Boston, MA | $61,260,814 | $15,149,104 |
Keren Hayeshivot Trust Brooklyn, NY | $1,238,192 | $11,653,329 |
Jewish Federation Of Northern New Jersey Inc Paramus, NJ | $65,504,215 | $14,848,347 |
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 |