United Way Of Racine County Inc
- Assets
- $12.9m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 20
- Location
- Racine, WI
- Founding
- 07/1942
- Data as of
- 12/2021
- EIN
- 39-0806349
Organization Overview
United Way Of Racine County Inc is located in Racine, WI. The organization was established in 1942. 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 12/2021, United Way Of Racine County Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Racine County 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 12/2021, United Way Of Racine County Inc generated $9.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $5.6m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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 Racine County Inc has awarded 255 individual grants totaling $21,127,546. 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 RACINE COUNTY'S MISSION IS MOBILIZING THE CARING POWER OF RACINE COUNTY TO IMPROVE LIVES AND TRANSFORM OUR COMMUNITY. THE VISION STATEMENT IS THAT UNITED WAY ENVISIONS A COMMUNITY WHERE INDIVIDUALS AND FAMILIES ACHIEVE THEIR POTENTIAL THROUGH EDUCATION, FINANCIAL STABILITY AND HEALTHY LIVES. OUR MISSION IS FULFILLED BY STRATEGICALLY FUNDING PROGRAMS AND INITIATIVES, DEVELOPING INNOVATIVE APPROACHES TO ADDRESSING COMMUNITY-WIDE CHALLENGES AND PROVIDING COMMUNITY ENGAGEMENT OPPORTUNITIES TO LOCAL COMMUNITY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY INVESTMENT/ALLOCATIONSUNITED WAY OF RACINE COUNTY IS COMMITTED TO INVESTING FUNDS IN THE LOCAL COMMUNITY. UNITED WAY OF RACINE COUNTY STAFF AND INVESTMENT COMMITTEE VOLUNTEERS WORK HARD THROUGHOUT THE YEAR TO MAKE SURE THAT UNITED WAY OF RACINE COUNTY'S INVESTMENT STRATEGIES ARE FOCUSED IN THE AREAS OF EDUCATION, FINANCIAL STABILITY AND HEALTH-THE BUILDING BLOCKS OF A GOOD LIFE. WE FUND PROGRAMS THAT PREPARE CHILDREN AND YOUTH TO ACHIEVE THEIR POTENTIAL THROUGH EDUCATION; PREPARE INDIVIDUALS AND FAMILIES TO BECOME FINANCIALLY STABLE AND INDEPENDENT; AND HELP INDIVIDUALS ACHIEVE MAXIMUM PHYSICAL, EMOTIONAL, AND MENTAL HEALTH AND SAFETY OUTCOMES. THESE EFFORTS ALLOW RACINE COUNTY RESIDENTS TO GAIN KNOWLEDGE AND SKILLS THAT WILL EMPOWER THEM TO ACHIEVE THEIR FULL POTENTIAL.
COMMUNITY IMPACTUNITED WAY TRANSFORMS THE COMMUNITY BY INITIATING AND FACILITATING SYSTEMS-WIDE PROJECTS AROUND EDUCATION, FINANCIAL STABILITY AND HEALTH, SUCH AS SCHOOLS OF HOPE, IMAGINATION LIBRARY, VITA AND LIFT. ADDITIONALLY, UNITED WAY IS WORKING TO INCREASE KNOWLEDGE OF THE IMPORTANCE OF EARLY CHILDHOOD LEARNING WITH A PUBLIC AWARENESS CAMPAIGN. UNITED WAY ENGAGES IN THE COMMUNITY IN A NUMBER OF WAYS. UNITED WAY IS SEEKING TO LEARN THE ASPIRATIONS, HOPES AND CONCERNS OF COMMUNITY MEMBERS THROUGH A SERIES OF TARGETED COMMUNITY CONVERSATIONS WITH DIVERSE SEGMENTS OF THE LOCAL COMMUNITY. ALSO, UNITED WAY STAYS ABREAST OF COMMUNITY ISSUES BY RESEARCHING AND PUBLISHING A BIENNIAL COMMUNITY INDICATORS REPORT THAT INCLUDES CURRENT DATA ON COMMUNITY CONDITIONS. THE REPORT IS SHARED BROADLY WITH UNITED WAYS STAKEHOLDERS AND THE COMMUNITY AT LARGE.
FULL-SERVICE COMMUNITY SCHOOLSTHE FEDERAL FULL-SERVICE COMMUNITY SCHOOLS (FSCS) GRANT SUPPORTS UWRC'S LIFT (LINK AND INSPIRE FOR TOMORROW) COMMUNITY SCHOOL WORK AT KNAPP AND JULIAN THOMAS. LIFT COMMUNITY SCHOOLS EMPLOY INTEGRATED STUDENT SUPPORTS, EXPANDED LEARNING TIME AND OPPORTUNITIES, FAMILY AND COMMUNITY ENGAGEMENT, AND COLLABORATIVE LEADERSHIP AND PRACTICES TO IMPROVE OUTCOMES FOR THE STUDENTS AND FAMILIES IN THE SCHOOL NEIGHBORHOOD. KNAPP BECAME A COMMUNITY SCHOOL IN THE 2016-17 SCHOOL YEAR; JULIAN THOMAS IN THE 2019-20 SCHOOL YEAR. THE FSCS GRANT WILL SUPPORT THIS WORK DURING THE GRANT PERIOD OF OCTOBER 2020-SEPTEMBER 2025.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Haigh Secretary-President | OfficerTrustee | 40 | $130,347 |
Brian Agen Vice-Chair,human Resource | OfficerTrustee | 1 | $0 |
Eric Gallien Vice-Chair, At-Large | OfficerTrustee | 1 | $0 |
Keith Cruise Vice-Chair, At-Large | OfficerTrustee | 1 | $0 |
Jim Ladwig Vice-Chair, Nominating | OfficerTrustee | 1 | $0 |
Kelly Mould Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $535,343 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,925,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,461,078 |
| Total Program Service Revenue | $0 |
| Investment income | $286,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $160,278 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,907,710 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,646,354 |
| 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. | $139,619 |
| Compensation of current officers, directors, key employees. | $27,924 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $738,759 |
| Pension plan accruals and contributions | $82,668 |
| Other employee benefits | $123,712 |
| Payroll taxes | $67,086 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,427 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,277 |
| Fees for services: Other | $238,892 |
| Advertising and promotion | $0 |
| Office expenses | $254,790 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $130,837 |
| Travel | $16,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $279 |
| Interest | $0 |
| Payments to affiliates | $55,677 |
| Depreciation, depletion, and amortization | $12,971 |
| Insurance | $2,933 |
| All other expenses | $0 |
| Total functional expenses | $5,613,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $2,814,595 |
| Pledges and grants receivable | $2,010,854 |
| Accounts receivable, net | $2,729 |
| 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 | $26,344 |
| Net Land, buildings, and equipment | $20,520 |
| Investments—publicly traded securities | $8,010,518 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $510 |
| Total assets | $12,886,220 |
| Accounts payable and accrued expenses | $418,781 |
| Grants payable | $0 |
| 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 | $1,165,313 |
| Total liabilities | $1,584,094 |
| Net assets without donor restrictions | $6,817,441 |
| Net assets with donor restrictions | $4,484,685 |
| 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 | $12,886,220 |
Grants Awarded
Over the last fiscal year, United Way Of Racine County Inc has awarded $3,757,309 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Racine, WI PURPOSE: DONOR ADVISORY FUND | $1,000,000 |
Racine, WI PURPOSE: BUILDING CAPABILITIES BIRTH TO CAREER | $832,715 |
Racine, WI PURPOSE: 21ST CENTURY LEARNING CENTER, CDBG GRANT | $214,737 |
Racine, WI PURPOSE: FAST, SUBSTANCE ABUSE PREVENTION, OPPORTUNITIES CLUB, ADVANCING FAMILY ASSETS | $157,750 |
Racine, WI PURPOSE: HOMELESS SHELTER AND EDUCATION PROGRAM | $129,000 |
Racine, WI PURPOSE: SEXUAL ASSUALT SERVICES, STOP CHILD ABUSE AND NEGLECT, | $123,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that United Way Of Racine County Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Ruffo Family Foundation Inc Racine, WI PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Endowment Analysis
| Beg. Balance | $1,651,381 |
| Earnings | $231,891 |
| Other Expense | $3,499 |
| Ending Balance | $1,879,773 |
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 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
United Way Of Saginaw County Saginaw, MI | $5,861,014 | $15,211,110 |
United Way Of South Central Michigan Kalamazoo, MI | $21,915,676 | $10,619,393 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Best Buy Foundation Richfield, MN | $56,998,788 | $22,106,255 |
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 |
United Way Of Midland County Midland, MI | $18,815,763 | $12,494,265 |