Lubbock Area United Way Inc
- Assets
- $12.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 15
- Location
- Lubbock, TX
- Founding
- 04/1962
- Data as of
- 12/2021
- EIN
- 75-0961812
Organization Overview
Lubbock Area United Way Inc is located in Lubbock, TX. The organization was established in 1962. 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, Lubbock Area United Way Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubbock 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, Lubbock Area United Way Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lubbock Area United Way Inc has awarded 168 individual grants totaling $30,328,766. 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
GIVING PEOPLE HOPE. WORKING TO ADDRESS THE ROOT ISSUES OF THE SIGNIFICANT CHALLENGES FACING OUR SOUTH PLAINS COMMUNITIES TO CREATE LASTING, POSITIVE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE INVEST FINANCIAL RESOURCES IN 23 LOCAL COMMUNITY PARTNERS WHO PROVIDE SERVICES IN THE AREAS OF LIFELONG HEALTH AND INDEPENDENCE, EMPOWERING COMMUNITIES, CREATING STRONG FAMILIES AND INDIVIDUALS, CRISIS AND EMERGENCY RELIEF, AND SUCCESFUL CHILDREN AND YOUTH. THE PROGRAMS AND SERVICES WE FUND ARE AN INTERGRAL PART IN ENSURING THE SAFETY, HEALTH, AND WELL-BEING OF EVERY PERSON IN OUR COMMUNITY.
OUR MISSION IS CARRIED OUT BY COLLABORATING WITH ORGANIZATIONS THROUGHOUT THE COMMUNITY INCLUDING OTHER NON-PROFITS, SCHOOL DISTRICTS, BUSINESSES, GOVERNMENT ENTITIES, AND COALITIONS TO ADDRESS PRIORITY NEEDS. WE CONTINUOUSLY WORK TO ADDRESS PRIORITY ISSUES IDENTIFIED IN OUR STRATEGIC PLAN AND OUR COMMUNITY STATUS REPORT WHICH INCLUDE: ENSURING ALL CHILDREN ARE SCHOOL-READY BY KINDERGARTEN AND GRADE-LEVEL READERS BY THIRD GRADE, ELIMINATING CHILD ABUSE AND SEX-TRAFFICKING IN OUR COMMUNITIES, AND PROVIDING ACCESS TO ALL PERSONS IN NEED OF MENTAL HEALTH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Cochran President/ceo | Officer | 40 | $145,132 |
Christopher Hook Vp/finance | Officer | 40 | $65,080 |
Beth Lawson Treasurer | OfficerTrustee | 0.5 | $0 |
Michelle Mccord Board Chair | OfficerTrustee | 1 | $0 |
Becky Palmer Vice Chair | OfficerTrustee | 1 | $0 |
Jarrett Atkinson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $120,847 |
| Related organizations | $0 |
| Government grants | $146,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,786,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,053,878 |
| Total Program Service Revenue | $0 |
| Investment income | $97,013 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,944 |
| Net Gain/Loss on Asset Sales | $413,514 |
| Net Income from Fundraising Events | $16,776 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,587,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,166,942 |
| 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. | $223,240 |
| Compensation of current officers, directors, key employees. | $117,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $110,124 |
| Payroll taxes | $47,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,241 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,758 |
| Advertising and promotion | $0 |
| Office expenses | $25,576 |
| Information technology | $49,120 |
| Royalties | $0 |
| Occupancy | $39,732 |
| Travel | $1,266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,928 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,059 |
| Insurance | $12,392 |
| All other expenses | $0 |
| Total functional expenses | $5,271,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $517,768 |
| Savings and temporary cash investments | $7,035,137 |
| Pledges and grants receivable | $4,166,583 |
| Accounts receivable, net | $38,879 |
| 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 | $77,778 |
| Net Land, buildings, and equipment | $570,880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,407,025 |
| Accounts payable and accrued expenses | $171,009 |
| Grants payable | $655,368 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $702,354 |
| 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 | $71,176 |
| Total liabilities | $1,599,907 |
| Net assets without donor restrictions | $2,334,372 |
| Net assets with donor restrictions | $8,472,746 |
| 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 | $12,407,025 |
Grants Awarded
Over the last fiscal year, Lubbock Area United Way Inc has awarded $4,166,942 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
STATE EMPLOYEE CHARITABLE CAMPAIGN PURPOSE: LOCAL CAMPAIGN MANAGER FOR THE STATE EMPLOYEE CHARITABLE CAMPAIGN (SECC). | $615,701 |
Lubbock, TX PURPOSE: TO PROVIDE DEVELOPMENTAL CHILDCARE PROGRAM ACTIVITIES TO MEET PHYSICAL, EMOTIONAL, SOCIAL AND COGNITIVIE NEEDS OF CHILDREN REGARDLESS OF FAMILY INCOME. | $417,488 |
Lubbock, TX PURPOSE: TO PROVIDE A SAFE AND POSITIVE PLACE FOR CHILDREN. | $231,994 |
Lubbock, TX PURPOSE: TO PROVIDE ACTIVITIES TO ENRICH THE LIVES OF CHILDREN IN A SAFE ENVIRONMENT AND MEET THE NEED FOR QUALITY AFFORDABLE CHILDCARE AFTER SCHOOL HOURS AND DURING SCHOOL BREAKS. | $224,392 |
THE SALVATION ARMY PURPOSE: COMPREHENSIVE EMERGENCY ASSISTANCE AND PROVIDED SHELTER AND FOOD TO THE NEEDY AND HOMELESS. | $194,701 |
Lubbock, TX PURPOSE: TO PROVIDE AFTER SCHOOL AND SUMMER PROGRAMS FOR CHILDREN, AGE PRE-K THROUGH 7TH GRADE, CREATE OPPORTUNITIES FOR GROWTH, LEARNING AND BUILDING SELF ESTEEM. ACTIVITIES INCLUDE ACADEMIC HOMEWORK ASSISTANCE AND ENRICHMENT, SPORTS AND RECREATION, CHARACTER DEVELOPMENT, DANCE AND FINE ARTS, COMPUTER SKILLS, COMMUNITY EVENTS AND SCOUTING. | $188,727 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Lubbock Area United Way Inc has recieved totaling $458,095.
| Awarding Organization | Amount |
|---|---|
Ch Foundation Lubbock, TX PURPOSE: SUPPORT FOR 2021 ANNUAL CAMPAIGN | $153,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: GENERAL SUPPORT | $116,700 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $43,790 |
Community Foundation Of West Texas Lubbock, TX PURPOSE: ENDOWMENT AND GENERAL SUPPORT | $28,988 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $28,612 |
Welborn-Payne Endowment Trust Lubbock, TX PURPOSE: TO SUPPORT THE ORGANIZATIONS ASSOCIATED WITH UNITED WAY | $25,000 |
Endowment Analysis
| Beg. Balance | $3,525,743 |
| Earnings | $417,043 |
| Admin Expense | $15,383 |
| Net Contributions | $33,478 |
| Other Expense | $125,135 |
| Ending Balance | $3,835,746 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circle Of Life Springdale, AR | $23,639,439 | $20,357,791 |
United Way Of Central New Mexico Albuquerque, NM | $25,758,904 | $18,629,053 |
Valero Energy Foundation San Antonio, TX | $27,234,889 | $9,027,256 |
Jewish Federation Of Greater Houston Houston, TX | $13,164,896 | $16,157,692 |
United Way Of Southeast Louisiana New Orleans, LA | $29,969,457 | $17,838,416 |
Jewish Federation Of Greater Dallas Dallas, TX | $18,027,508 | $11,762,815 |
Shalom Austin Austin, TX | $8,435,174 | $13,067,909 |
Capital Area United Way Baton Rouge, LA | $14,566,817 | $6,965,583 |
Jewish Endowment Foundation Metairie, LA | $92,360,141 | $9,096,206 |
United Way Of El Paso County El Paso, TX | $7,999,389 | $6,622,179 |
United Way Of The Coastal Bend Inc Corpus Christi, TX | $7,813,987 | $6,731,389 |
Growing Up New Mexico Inc Santa Fe, NM | $5,476,758 | $4,686,891 |