Lake Area United Way Inc

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.

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)Compensation
Lisa Daugherty
Outgoing President/ceo
$146,032
Christopher White
Past Chair
$0
Michael Jasaitis
Chairman
$0
Marisa Smoljan
Treasurer
$0
Jeff Strack
Secretary
$0
Phil Taillon
Vice Chair
$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

Grants Awarded

Over the last fiscal year, Lake Area United Way Inc has awarded $5,560,738 in support to 66 organizations.

Grant RecipientAmount

THE SALVATION ARMY

Org PageRecipient Profile

Hoffman Estates, IL

PURPOSE: $860,000 COVID-19 RELIEF PLUS $4127 DESIGNATED BY DONOR

$864,127

THE SALVATION ARMY

Org PageRecipient Profile

Hoffman Estates, IL

PURPOSE: $860,000 COVID-19 RELIEF PLUS $4127 DESIGNATED BY DONOR

$864,127

THE FOOD BANK OF NORTHWEST INDIANA

Org PageRecipient Profile

Merrillville, IN

PURPOSE: COVID-19 RELIEF

$463,100

THE FOOD BANK OF NORTHWEST INDIANA

Org PageRecipient Profile

Merrillville, IN

PURPOSE: COVID-19 RELIEF

$463,100

CATHOLIC CHARITIES DIOCESE OF GARY

Org PageRecipient Profile

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

CATHOLIC CHARITIES DIOCESE OF GARY

Org PageRecipient Profile

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
View Grant Profile

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 OrganizationAmount
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
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$376,049
Earnings$106,480
Admin Expense$21,533
Ending Balance$460,996

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