Wal-Mart Associates In Critical Need Fund
- Assets
- $76.0m
- Revenue
- $11.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 10/2001
- Data as of
- 01/2022
- EIN
- 71-0858484
Organization Overview
Wal-Mart Associates In Critical Need Fund is located in Bentonville, AR. The organization was established in 2001. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wal-Mart Associates In Critical Need Fund 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 01/2022, Wal-Mart Associates In Critical Need Fund generated $11.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $4.0m during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STO PROVIDE FINANCIAL AID TO WAL-MART ASSOCIATES WHEN THEY EXPERIENCE EXTREME FINANCIAL HARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND PROVIDES MONETARY SUPPORT TO QUALIFIED ASSOCIATES WHEN THEY EXPERIENCE EXTREME ECONOMIC HARDSHIP DUE TO SITUATIONS OUTSIDE OF THEIR CONTROL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Gehrki Trustee/president | OfficerTrustee | 1 | $0 |
Maria Zazycki Asst Secretary | Officer | 1 | $0 |
Erin Hogue Vice President/coo | Officer | 1 | $0 |
Jacquelyn Brigance Treasurer | Officer | 1 | $0 |
Bj Crouch Asst Treasurer | Officer | 1 | $0 |
Susan Roberts Former Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,826,908 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,019,973 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,846,881 |
| Total Program Service Revenue | $0 |
| Investment income | $144,197 |
| 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 | $10,991,078 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,956,584 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $51,219 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,017 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,037,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $75,369,515 |
| Pledges and grants receivable | $618,716 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $75,988,231 |
| Accounts payable and accrued expenses | $6,812 |
| Grants payable | $111,406 |
| 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 | $373,663 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $491,881 |
| Net assets without donor restrictions | $75,496,350 |
| 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 | $75,988,231 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Wal-Mart Associates In Critical Need Fund has recieved totaling $2,051,344.
| Awarding Organization | Amount |
|---|---|
Wal-Mart Foundation Bentonville, AR PURPOSE: GIVING MATCHING | $2,000,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $22,500 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $14,880 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,964 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $3,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $3,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usaa Employee Benefit Association Medical Acctive Lives Trust San Antonio, TX | $1,542,084 | $18,530,439 |
Plumbers Welfare Fund-68 Houston, TX | $14,578,428 | $15,954,972 |
International Brotherhood Of Electrical Workers Vacation Fund St Louis, MO | $21,682,706 | $21,060,476 |
St Louis Labor Healthcare Network St Louis, MO | $51,048,530 | $16,900,714 |
Automotive Petroleum And Allied Industries Employees Welfare Fund Earth City, MO | $29,790,282 | $16,918,910 |
Ibew-Neca Holiday Trust Fund Local No 1 St Louis, MO | $21,242,231 | $18,382,652 |
Mo-Kan Iron Workers Welfare Fund Kansas City, MO | $33,911,969 | $17,390,399 |
Ufcw Union Local No 88 Employers Health & Welfare Fund St Louis, MO | $15,413,349 | $16,390,136 |
Bancfirst Corporation Employees Benefit Trust Oklahoma City, OK | $5,938,053 | $16,220,093 |
Cn Enterprises Health Plan Tr Ada, OK | $2,643,128 | $14,907,101 |
Government Employees Health Association Inc Voluntary Welfare Lees Summit, MO | $4,496,312 | $15,096,099 |
Local Union 682 Health & Welfare Trust Fund Maryland Heights, MO | $19,630,221 | $11,760,446 |