United Way Of Henry County & Martinsville Inc
- Assets
- $2.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 20
- Location
- Martinsville, VA
- Founding
- 09/1964
- Data as of
- 12/2022
- EIN
- 54-0753318
Organization Overview
United Way Of Henry County & Martinsville Inc is located in Martinsville, VA. The organization was established in 1964. 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 12/2022, United Way Of Henry County & Martinsville 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 Henry County & Martinsville 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 12/2022, United Way Of Henry County & Martinsville Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 7.3% 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 2017, United Way Of Henry County & Martinsville Inc has awarded 116 individual grants totaling $2,070,238. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNITED WAY OF HENRY COUNTY & MARTINSVILLE UNITES AND MOBILIZES THE COMMUNITY IN ASSESSING AND MEETING THE CRITICAL HUMAN SERVICE NEEDS IN MARTINSVILLE-HENRY COUNTY, VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATIONS TO CHARITIES THROUGHOUT THE MARTINSVILLE-HENRY COUNTY AREA.
ALLOCATIONS TO CHARITIES THROUGHOUT THE MARTINSVILLE-HENRY COUNTY AREA.
VARIOUS EXPENSE ALLOCATIONS TO PROGRAM SERVICES NECESSARYTO ADMINISTER FUNDS TO SUPPORT AGENCIES THROUGHOUT THEHENRY COUNTY - MARTINSVILLE AREA
VARIOUS EXPENSE ALLOCATIONS TO PROGRAM SERVICES NECESSARYTO ADMINISTER FUNDS TO SUPPORT AGENCIES THROUGHOUT THEHENRY COUNTY - MARTINSVILLE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Favero Director | Trustee | 1 | $0 |
Christy Landon Director | Trustee | 1 | $0 |
Mark Mccaskill Director | Trustee | 1 | $0 |
Scott Prillaman Director | Trustee | 1 | $0 |
Autumn Morris Director | Trustee | 1 | $0 |
Philip Wenkstern Executive Director | OfficerTrustee | 40 | $83,694 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $346,311 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $661,357 |
| All other contributions, gifts, grants, and similar amounts not included above | $477,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,485,646 |
| Total Program Service Revenue | $0 |
| Investment income | $10,887 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,496,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $679,351 |
| 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. | $97,358 |
| Compensation of current officers, directors, key employees. | $23,279 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,025 |
| Payroll taxes | $12,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $22,751 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,997 |
| Travel | $105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $0 |
| Payments to affiliates | $12,984 |
| Depreciation, depletion, and amortization | $1,116 |
| Insurance | $2,793 |
| All other expenses | $828 |
| Total functional expenses | $1,554,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,438,685 |
| Pledges and grants receivable | $143,212 |
| Accounts receivable, net | $155,165 |
| 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 | $6,080 |
| Investments—publicly traded securities | $65,764 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $145,163 |
| Total assets | $1,954,069 |
| Accounts payable and accrued expenses | $14,836 |
| Grants payable | $0 |
| Deferred revenue | $543,596 |
| 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 | $228,520 |
| Total liabilities | $786,952 |
| Net assets without donor restrictions | $894,254 |
| Net assets with donor restrictions | $272,863 |
| 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 | $1,954,069 |
Grants Awarded
Over the last fiscal year, United Way Of Henry County & Martinsville Inc has awarded $458,378 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ADULT DAY CARE CENTER PURPOSE: ALLOCATIONS | $15,333 |
AMERICAN RED CROSS PURPOSE: ALLOCATIONS | $31,104 |
MARTINSVILLE & HENRY COUNTY YMCA PURPOSE: ALLOCATIONS | $13,000 |
BOYS & GIRLS CLUBS PURPOSE: ALLOCATIONS | $22,726 |
BOY SCOUTS OF AMERICA BLUE RIDGE MOUNTAINS COUNCIL PURPOSE: ALLOCATIONS | $5,743 |
FOCUSCASA PURPOSE: ALLOCATIONS | $21,000 |