United Way Of The Midlands Foundation
- Assets
- $0.0
- Revenue
- $291.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- Data as of
- 05/2017
- EIN
- 47-0922285
Organization Overview
United Way Of The Midlands Foundation is located in Omaha, NE. United Way Of The Midlands Foundation 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 05/2017, United Way Of The Midlands Foundation generated $291.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (64.2%) each year. All expenses for the organization totaled $755.0k during the year ending 05/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND BENEFIT TO THE UNITED WAY OF THE MIDLANDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNITED WAY OF THE MIDLANDS FOUNDATION IS A NOT-FOR-PROFIT CORPORATION CREATED SOLELY AND EXCLUSIVELY TO SUPPORT AND BENEFIT THE UNITED WAY OF THE MIDLANDS BY RAISING ASSETS TO CREATE SUFFICIENT EARNINGS TO: 1) FUND BOTH ITS DIRECT AND INDIRECT COSTS AS APPROVED BY THE UNITED WAY OF THE MIDLANDS FOUNDATION'S BOARD OF DIRECTORS IN THE ANNUAL OPERATING BUDGET 2) INCREASE CAMPAIGN DOLLARS AND/OR OFFSET OPERATING COSTS FOR THE UNITED WAY OF THE MIDLANDS 3) PROVIDE FLEXIBILITY IN CURRENT PROGRAM SUPPORT, AND 4) PROVIDE FUTURE CAPACITY AS THE UNITED WAY OF THE MIDLANDS ADDRESSES CHANGING HUMAN CARE NEEDS IN THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Art Burtscher Board Member | Trustee | 1 | $0 |
Carr Heaney Jr Secretary | OfficerTrustee | 1 | $0 |
Harlan Falk Board Member | Trustee | 1 | $0 |
James Svoboda Board Member | Trustee | 1 | $0 |
Joel Falk Treasurer | OfficerTrustee | 1 | $0 |
John Nelson Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,497 |
| Total Program Service Revenue | $0 |
| Investment income | $118,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $150,584 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $621,841 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,135 |
| Pension plan accruals and contributions | $6,714 |
| Other employee benefits | $2,309 |
| Payroll taxes | $4,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,831 |
| Fees for services: Other | $3,295 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,000 |
| All other expenses | $0 |
| Total functional expenses | $755,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |