United Way Of Gaston County Inc
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $236.7k
- Employees
- 5
- Location
- Gastonia, NC
- Founding
- 07/1954
- Data as of
- 06/2022
- EIN
- 56-0653356
Organization Overview
United Way Of Gaston County Inc is located in Gastonia, NC. The organization was established in 1954. 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 06/2022, United Way Of Gaston County Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Gaston 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 06/2022, United Way Of Gaston County Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, United Way Of Gaston County Inc has awarded 195 individual grants totaling $7,017,104. 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 GASTON COUNTY PROVIDES EXPERTISE AND RESOURCES TO BUILD STRONGER FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AGENCIES: OUTCOMES: (1) YOUNG CHILDREN SUCCEED IN SCHOOL. (2) MIDDLE AND HIGH SCHOOL STUDENTS MOVE THROUGH GRADE PROGRESSION TO GRADUATION. (3) STUDENTS OF ALL AGES CONTINUE TO LEARN AND ACQUIRE MARKETABLE JOB/CAREER SKILLS.
FINANCIAL STABILITY (CRISIS ASSISTANCE) AGENCIES: OUTCOMES: (1) MEET SHORT TERM CRISIS NEEDS FOR MEMBERS OF THE COMMUNITY (2) INCREASE SELF-SUFFICIENCY/DECREASE POVERTY IN THOSE WHO ARE IN FINANCIAL CRISIS FINANCIAL STABILITY (LONG-TERM FINANCIAL STABILITY) AGENCIES: OUTCOMES: (1) INCREASE FINANCIAL SELF-SUFFICIENCY (2) PROFICIENCY IN MONEY MANAGEMENT (3) PROLONG PERIODS OF EMPLOYMENT
HEALTH AGENCIES: OUTCOMES: (1) CLIENTS AND THEIR FAMILIES ARE AWARE OF HEALTH CHOICES AVAILABLE IN COMMUNITY. (2) FAMILIES LIVING WITH ILLNESS RECEIVE SERVICES AND PRODUCTS TO IMPROVE QUALITY OF LIFE. (3) INCREASE USE OF LOWER LEVELS OF HEALTHCARE AND DECREASE EMERGENCY ROOM VISITS/HOSPITAL STAYS
BASIC NEEDS: PEOPLE ARE STABILIZED WITH EMERGENCY FOOD, SAFE SHELTER, AND OTHER CRITICAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Burr Chair | OfficerTrustee | 2 | $0 |
Steven Long Immediate Pa | OfficerTrustee | 2 | $0 |
Clayton Gibson Director | Trustee | 1 | $0 |
Will Macdonald Director | Trustee | 1 | $0 |
Todd Rhoney Director | Trustee | 1 | $0 |
Mark Abernathy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,283,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,333,025 |
| Total Program Service Revenue | $0 |
| Investment income | $25,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,497 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,245 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,397,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $673,630 |
| Grants and other assistance to domestic individuals. | $158,718 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,499 |
| Compensation of current officers, directors, key employees. | $30,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,837 |
| Pension plan accruals and contributions | $5,179 |
| Other employee benefits | $11,260 |
| Payroll taxes | $16,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,376 |
| 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 | $5,036 |
| Information technology | $16,069 |
| Royalties | $0 |
| Occupancy | $44,118 |
| 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 | $15,127 |
| Insurance | $4,699 |
| All other expenses | $9,545 |
| Total functional expenses | $1,313,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,813 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $363,267 |
| Accounts receivable, net | $1,416 |
| 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 | $6,316 |
| Net Land, buildings, and equipment | $262,770 |
| Investments—publicly traded securities | $271,308 |
| Investments—other securities | $236,692 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,947,582 |
| Accounts payable and accrued expenses | $6,113 |
| 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 | $654,162 |
| Total liabilities | $660,275 |
| Net assets without donor restrictions | $1,287,307 |
| Net assets with donor restrictions | $0 |
| 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 | $1,947,582 |
Grants Awarded
Over the last fiscal year, United Way Of Gaston County Inc has awarded $634,501 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Gastonia, NC PURPOSE: GENERAL SUPPORT | $100,000 |
Gastonia, NC PURPOSE: GENERAL SUPPORT | $75,000 |
Gastonia, NC PURPOSE: GENERAL SUPPORT | $65,000 |
Gastonia, NC PURPOSE: GENERAL SUPPORT | $50,000 |
ADULT DAY CARE CENTER PURPOSE: GENERAL SUPPORT | $40,000 |
Dallas, NC PURPOSE: GENERAL SUPPORT | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that United Way Of Gaston County Inc has recieved totaling $251,182.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $106,517 |
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $50,321 |
United Way Of Greater Charlotte Charlotte, NC PURPOSE: DONOR DESIGNATED 3RD PARTY FOR PROGRAM OPERATING COSTS | $30,078 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $20,861 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $17,443 |
Charles & Irene Nanney Fdn Raleigh, NC PURPOSE: CHARITABLE | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
United Way Of The Piedmont Inc Spartanburg, SC | $4,093,923 | $15,798,807 |
Bluecross Blueshield Of South Carolina Foundation Columbia, SC | $340,633,924 | $51,086,800 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of Greater Knoxville Inc Knoxville, TN | $44,188,764 | $10,173,426 |
United Way Of The Midlands Columbia, SC | $21,822,205 | $12,356,591 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of The Mid-South Memphis, TN | $15,939,575 | $10,736,980 |
United Way Of Greenville County Incorporated Greenville, SC | $26,398,141 | $12,601,521 |
Heritage Classic Foundation Hilton Head Island, SC | $10,740,368 | $11,355,325 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |