United Way Of Stanly County
- Assets
- $454.2k
- Revenue
- $221.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Albemarle, NC
- Founding
- 01/1965
- Data as of
- 12/2021
- EIN
- 56-0841588
Organization Overview
United Way Of Stanly County is located in Albemarle, NC. The organization was established in 1965. 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 Stanly County employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Stanly County 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 Stanly County generated $221.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $260.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, United Way Of Stanly County has awarded 15 individual grants totaling $203,600. 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
THE UNITED WAY OF STANLY COUNTY INC WORKS WITH PUBLIC AND PRIVATE SECTORS THROUGH A SYSTEM OF AGENCIES AND PROGRAMS BY RAISING AND ALLOCATING FUNDS AND PLANNING FOR THE DELIVERY OF NEEDED HUMAN SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATION TO COMMUNITY NON-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Beaver President | OfficerTrustee | 0.5 | $0 |
Kristi Treptow Board Member | OfficerTrustee | 0.5 | $0 |
Robin Bennett Campaign Chair | OfficerTrustee | 0.5 | $0 |
Heather Almond Treasurer | OfficerTrustee | 0.5 | $0 |
Roger Growcock Board Member | OfficerTrustee | 0.5 | $0 |
Jordan Dry Board Member | Trustee | 0.25 | $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 | $183,847 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,847 |
| Total Program Service Revenue | $0 |
| Investment income | $260 |
| 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 | $221,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $107,034 |
| 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. | $48,975 |
| Compensation of current officers, directors, key employees. | $8,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,326 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,132 |
| Office expenses | $8,919 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $729 |
| Interest | $43 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,385 |
| All other expenses | $0 |
| Total functional expenses | $260,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,825 |
| Savings and temporary cash investments | $178,098 |
| Pledges and grants receivable | $233,453 |
| Accounts receivable, net | $472 |
| 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 | $400 |
| 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 | $454,248 |
| Accounts payable and accrued expenses | $149,376 |
| 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 | $149,376 |
| Net assets without donor restrictions | $304,872 |
| 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 | $454,248 |
Grants Awarded
Over the last fiscal year, United Way Of Stanly County has awarded $112,860 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HOMES OF HOPE PURPOSE: GENERAL SUPPORT | $14,667 |
STANLY CO SENIOR SERVICES DEPT PURPOSE: GENERAL SUPPORT | $13,027 |
STANLY COUNTY YMCA PURPOSE: GENERAL SUPPORT | $14,268 |
STANLY CO HABITAT FOR HUMANITY PURPOSE: GENERAL SUPPORT | $9,979 |
CRISIS ASSISTANCE FUND OF STANLY CO PURPOSE: GENERAL SUPPORT | $20,078 |
HOSPICE OF STANLY COUNTY INC PURPOSE: GENERAL SUPPORT | $11,000 |