United Way Of Iredell County Inc
- Assets
- $3.9m
- Revenue
- $684.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Statesville, NC
- Founding
- 06/1954
- Data as of
- 06/2022
- EIN
- 56-0792674
Organization Overview
United Way Of Iredell County Inc is located in Statesville, 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 Iredell County Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Iredell 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 Iredell County Inc generated $684.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 5.5% 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 Iredell County Inc has awarded 168 individual grants totaling $3,983,604. 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
VOLUNTEER ORGANIZATION DEDICATED TO ENRICHING THE QUALITY OF LIFE BY UNITING CITIZENS AND AGENCIES IN A COMMUNITY-WIDE EFFORT TO PLAN, SUPPORT, DELIVER, AND MONITOR EFFECTIVE HEALTH AND HUMAN CARE SERVICES RESPONSIVE TO COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY INVESTMENT: 42 COMMUNITY VOLUNTEERS VISITING AND REVIEWING OVER 20 UNITED WAY AGENCIES, THEN MAKING THE DECISIONS ALONG WITH OUR 29 BOARD OF DIRECTORS AS TO HOW THE COMMUNITY'S GIFTS ARE TO BE ALLOCATED. THIS CITIZEN REVIEW PROCESS OFFERS UNITED WAY DONORS A LEVEL OF ACCOUNTABILITY OFFERED BY NO OTHER LOCAL CHARITY, A DIRECT ROUTE TO WHERE THE MONEY IS NEEDED THE MOST, AND MEASURED RESULTS. THESE PANELS ALSO MAKE RECOMMENDATIONS FOR THE AGENCIES' CONSIDERATION IN THE HOPES TO STRENGTHEN THEIR ORGANIZATION. UNITED WAY ALSO OFFERED A MANAGEMENT ASSISTANCE TEAM TO ASSIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Eckerman Executive Di | Officer | 40 | $69,512 |
Marian Clark VP Fund Dist | Officer | 1 | $0 |
Dawn Clarke Endowment Ch | Officer | 1 | $0 |
Dr Nelson Granade Campaign Cha | Officer | 1 | $0 |
Shannon Viera President | Officer | 1 | $0 |
Melissa Prevette Treasurer | Officer | 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 | $607,339 |
| Noncash contributions included in lines 1a–1f | $9,553 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $607,339 |
| Total Program Service Revenue | $0 |
| Investment income | $528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $64,864 |
| Net Gain/Loss on Asset Sales | -$924 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $683,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $575,914 |
| 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 | $206,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,320 |
| Payroll taxes | $15,796 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,170 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,060 |
| Office expenses | $4,805 |
| Information technology | $13,220 |
| Royalties | $0 |
| Occupancy | $30,160 |
| Travel | $1,651 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,467 |
| Interest | $0 |
| Payments to affiliates | $30,760 |
| Depreciation, depletion, and amortization | $14,880 |
| Insurance | $6,469 |
| All other expenses | $12,437 |
| Total functional expenses | $1,004,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,795 |
| Savings and temporary cash investments | $3,407 |
| Pledges and grants receivable | $316,724 |
| Accounts receivable, net | $13,255 |
| 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 | $5,345 |
| Net Land, buildings, and equipment | $329,219 |
| Investments—publicly traded securities | $1,072 |
| Investments—other securities | $0 |
| Investments—program-related | $3,021,469 |
| Intangible assets | $0 |
| Other assets | $57,847 |
| Total assets | $3,864,133 |
| Accounts payable and accrued expenses | $18,174 |
| Grants payable | $0 |
| Deferred revenue | $6,591 |
| 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 | $420,318 |
| Total liabilities | $445,083 |
| Net assets without donor restrictions | $2,722,302 |
| Net assets with donor restrictions | $696,748 |
| 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 | $3,864,133 |
Grants Awarded
Over the last fiscal year, United Way Of Iredell County Inc has awarded $567,364 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Statesville, NC PURPOSE: GENERAL SUPPORT | $77,483 |
Statesville, NC PURPOSE: GENERAL SUPPORT | $60,323 |
Barium Springs, NC PURPOSE: GENERAL SUPPORT | $48,000 |
Statesville, NC PURPOSE: GENERAL SUPPORT | $43,750 |
Statesville, NC PURPOSE: GENERAL SUPPORT | $38,000 |
PARTNERS BEHAVIORAL HEALTH | | | $32,000 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that United Way Of Iredell County Inc has recieved totaling $248,840.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $211,525 |
Richard J Reynolds Iii And Marie Mallouk Reynolds Foundation Knoxville, TN PURPOSE: FAMILY MENTAL HEALTH AND | $20,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,445 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,831 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,100 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $3,586,880 |
| Earnings | -$478,998 |
| Admin Expense | $23,170 |
| Net Contributions | $110,495 |
| Other Expense | $88,738 |
| Grants | $85,000 |
| Ending Balance | $3,021,469 |
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 |