Lake Area United Way Inc
- Assets
- $2.5m
- Revenue
- $2.4m
- Investments
- $461.0k
- Employees
- 17
- Location
- Griffith, IN
- Founding
- 01/1972
- Data as of
- 06/2021
- EIN
- 23-7170019
Organization Overview
Lake Area United Way Inc is located in Griffith, IN. The organization was established in 1972. 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, Lake Area United Way Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Area United Way 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, Lake Area United Way Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lake Area United Way Inc has awarded 264 individual grants totaling $14,675,229. 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
TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF OUR COMMUNITY TO ADVANCE THE COMMON GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC NEEDS/COMMUNITY ASSISTANCE: THESE ARE FUNDS TO ASSIST PARTNER AGENCIES IN HELPING THOSE MOST IN NEED IN THE COMMUNITY.
COVID-19 RELIEF
COMMUNITY IMPACT INITIATIVES: THIS ENCOMPASSES PROGRAMS TO ASSIST THE ASSET LIMITED, INCOME CONSTRAINED, EMPLOYED (ALICE) FAMILIES WITHIN THE COMMUNITY.
BASIC NEEDS/COMMUNITY ASSISTANCE: THESE ARE FUNDS TO ASSIST PARTNER AGENCIES IN HELPING THOSE MOST IN NEED IN THE COMMUNITY.
COVID-19 RELIEF
COMMUNITY IMPACT INITIATIVES: THIS ENCOMPASSES PROGRAMS TO ASSIST THE ASSET LIMITED, INCOME CONSTRAINED, EMPLOYED (ALICE) FAMILIES WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Daugherty Outgoing President/ceo | Officer | 40 | $146,032 |
Christopher White Past Chair | OfficerTrustee | 1 | $0 |
Marisa Smoljan Treasurer | OfficerTrustee | 1 | $0 |
Jeff Strack Secretary | OfficerTrustee | 1 | $0 |
Phil Taillon Vice Chair | OfficerTrustee | 1 | $0 |
Michael Jasaitis Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,839 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,265,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,282,586 |
| Total Program Service Revenue | $0 |
| Investment income | $16,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,615 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,378,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,818,604 |
| Grants and other assistance to domestic individuals. | $269,969 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,794 |
| Compensation of current officers, directors, key employees. | $19,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $436,672 |
| Pension plan accruals and contributions | $95,588 |
| Other employee benefits | $69,039 |
| Payroll taxes | $46,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,354 |
| Fees for services: Accounting | $26,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,752 |
| Fees for services: Other | $28,930 |
| Advertising and promotion | $41,618 |
| Office expenses | $16,646 |
| Information technology | $172,939 |
| Royalties | $0 |
| Occupancy | $7,996 |
| Travel | $3,496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,458 |
| Interest | $1,114 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,623 |
| Insurance | $10,772 |
| All other expenses | $550 |
| Total functional expenses | $4,301,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,505 |
| Savings and temporary cash investments | $1,289,289 |
| Pledges and grants receivable | $372,358 |
| 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 | $34,759 |
| Net Land, buildings, and equipment | $169,302 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $460,996 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,544,209 |
| Accounts payable and accrued expenses | $47,522 |
| Grants payable | $265,308 |
| 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 | $14,522 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,767 |
| Total liabilities | $375,119 |
| Net assets without donor restrictions | $1,381,789 |
| Net assets with donor restrictions | $787,301 |
| 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 | $2,544,209 |
Grants Awarded
Over the last fiscal year, Lake Area United Way Inc has awarded $5,560,738 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
Hoffman Estates, IL PURPOSE: $860,000 COVID-19 RELIEF PLUS $4127 DESIGNATED BY DONOR | $864,127 |
Hoffman Estates, IL PURPOSE: $860,000 COVID-19 RELIEF PLUS $4127 DESIGNATED BY DONOR | $864,127 |
Merrillville, IN PURPOSE: COVID-19 RELIEF | $463,100 |
Merrillville, IN PURPOSE: COVID-19 RELIEF | $463,100 |
Gary, IN PURPOSE: $15,000 BASIC NEEDS GRANT PLUS $338,643 COVID-19 BUDGET PLUS $25,000 ALICE ASSISTANCE GRANT PLUS $155 DESIGNATED BY DONOR | $378,798 |
Gary, IN PURPOSE: $15,000 BASIC NEEDS GRANT PLUS $338,643 COVID-19 BUDGET PLUS $25,000 ALICE ASSISTANCE GRANT PLUS $155 DESIGNATED BY DONOR | $378,798 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Lake Area United Way Inc has recieved totaling $1,956,902.
| Awarding Organization | Amount |
|---|---|
Indiana Association Of United Ways Incorporated Indianapolis, IN PURPOSE: COVID RELIEF | $1,467,276 |
Indiana Association Of United Ways Incorporated Indianapolis, IN PURPOSE: OPERATING SUPPORT | $393,668 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $95,082 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $625 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: CAMPAIGN FUND | $169 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $82 |
Endowment Analysis
| Beg. Balance | $376,049 |
| Earnings | $106,480 |
| Admin Expense | $21,533 |
| Ending Balance | $460,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |
Christian Community Health Center Chicago, IL | $24,875,996 | $21,223,346 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
Ramtell Inc Tell City, IN | $25,696,087 | $2,760,088 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Jewish Federation Of Greater Indianapolis Inc Indianapolis, IN | $105,560,722 | $10,106,603 |
Winning Wheels Inc Prophetstown, IL | $11,909,541 | $13,671,140 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |