Lake Martin Area United Way Inc

Organization Overview

Lake Martin Area United Way Inc is located in Alexander City, AL. The organization was established in 1985. 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, Lake Martin Area United Way Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Martin Area United Way 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 12/2021, Lake Martin Area United Way Inc generated $642.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $552.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Lake Martin Area United Way Inc has awarded 165 individual grants totaling $2,622,071. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE LAKE MARTIN AREA UNITED WAY RAISES CONTRIBUTIONS AND DISBURSES FUNDING FOR THEIR "SUPPORTED ORGANIZATIONS" TO BENEFIT THE LOCAL COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNITED WAY PROVIDES FUNDING TO NONPROFIT ORGANIZATIONS IN THE SURROUNDING AREAS. THE ACHIEVEMENTS ACCOMPLISHED ARE THE DISTRIBUTIONS OF MONEY COLLECTED TO THE NONPROFIT ORGANIZATIONS WHO PROVIDE DIFFERENT TYPES OF ASSISTANCE TO INDIVIDUALS IN THE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Chante Ruffin
Past Preside
$0
Abby Guy
1st Vice Pre
$0
Nancy Ammons
President
$0
Sandra Carlisle
2nd Vice Pre
$0
Christopher Todd
Direcrtor
$0
Steve Baker
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $36,805
All other contributions, gifts, grants, and similar amounts not included above$519,918
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$556,723
Total Program Service Revenue$17,490
Investment income $25,938
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,121
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $642,272

Grants Awarded

Over the last fiscal year, Lake Martin Area United Way Inc has awarded $251,000 in support to 20 organizations.

Grant RecipientAmount

AMERICAN RED CROSS

PURPOSE: GENERAL SUPPORT

$30,000

TALLAPOOSA AID TO PEOPLE

Org PageRecipient Profile

Alexander City, AL

PURPOSE: GENERAL SUPPORT

$25,000

TRI-COUNTY CHILDREN'S ADVOCACY CTR

Org PageRecipient Profile

Dadeville, AL

PURPOSE: GENERAL SUPPORT

$19,000

ALEXANDER CITY MEALS ON WHEELS

Org PageRecipient Profile

Alexander City, AL

PURPOSE: GENERAL SUPPORT

$19,000

ALEXANDER CITY RESCUE SQUAD

PURPOSE: GENERAL SUPPORT

$15,000

AREA REFERRAL & INFORMATION SERVICE

Org PageRecipient Profile

Alexander City, AL

PURPOSE: GENERAL SUPPORT

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Lake Martin Area United Way Inc has recieved totaling $23,942.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$10,287
John Russell Thomas Foundation

Eclectic, AL

PURPOSE: GENERAL SUPPORT

$10,000
Alabama Power Foundation Inc

Birmingham, AL

PURPOSE: GENERAL/OPERATING

$3,300
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$355
View Grant Recipient Profile

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