United Way Of Lea County Inc
- Assets
- $1.9m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Hobbs, NM
- Founding
- 09/1970
- Data as of
- 12/2021
- EIN
- 85-0196186
Organization Overview
United Way Of Lea County Inc is located in Hobbs, NM. The organization was established in 1970. 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 Lea County Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Lea 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 12/2021, United Way Of Lea County Inc generated $1.0m 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 $1.1m during the year ending 12/2021. While expenses have increased by 0.9% 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 2016, United Way Of Lea County Inc has awarded 86 individual grants totaling $3,194,667. 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
TO PROVIDE FUNDING TO LOCAL CHARITABLE ORGANIZATIONS. THIS IS DONE PRIMARILY THROUGH FUNDRAISING ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FUNDS TO LOCAL CHARITABLE ORGANIZATIONS, PRIMARILY THROUGH FUNDRAISING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becca Titus Chief Executive Officer | OfficerTrustee | 40 | $61,360 |
Staci Barcuch Former Chair | OfficerTrustee | 1 | $0 |
Dana Ankerholz Chair | OfficerTrustee | 1 | $0 |
Lujuan Hayes Treasurer | OfficerTrustee | 1 | $0 |
Rosa Carrillo Director | Trustee | 1 | $0 |
Fernando Jimenez Director | Trustee | 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 | $922,087 |
| Noncash contributions included in lines 1a–1f | $35,681 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $922,087 |
| Total Program Service Revenue | $0 |
| Investment income | $20,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,290 |
| Net Income from Fundraising Events | $42,849 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,015,060 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $756,241 |
| 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. | $61,360 |
| Compensation of current officers, directors, key employees. | $30,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,351 |
| Pension plan accruals and contributions | $2,091 |
| Other employee benefits | $875 |
| Payroll taxes | $11,167 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,897 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,927 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,772 |
| Office expenses | $7,349 |
| Information technology | $6,019 |
| Royalties | $0 |
| Occupancy | $35,681 |
| Travel | $747 |
| 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 | $1,890 |
| Insurance | $4,512 |
| All other expenses | $0 |
| Total functional expenses | $1,075,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,190 |
| Savings and temporary cash investments | $137,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $579,013 |
| 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 | $9,169 |
| Net Land, buildings, and equipment | $5,182 |
| Investments—publicly traded securities | $883,253 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,913,752 |
| Accounts payable and accrued expenses | $608 |
| Grants payable | $691,973 |
| 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 | $692,581 |
| Net assets without donor restrictions | $148,369 |
| Net assets with donor restrictions | $1,072,802 |
| 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 | $1,913,752 |
Grants Awarded
Over the last fiscal year, United Way Of Lea County Inc has awarded $666,395 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Hobbs, NM PURPOSE: GENERAL SUPPORT | $94,053 |
Hobbs, NM PURPOSE: GENERAL SUPPORT | $86,453 |
Hobbs, NM PURPOSE: GENERAL SUPPORT | $65,883 |
Albuquerque, NM PURPOSE: GENERAL SUPPORT | $64,226 |
Hobbs, NM PURPOSE: GENERAL SUPPORT | $56,309 |
Hobbs, NM PURPOSE: GENERAL SUPPORT | $52,577 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that United Way Of Lea County Inc has recieved totaling $497,467.
| Awarding Organization | Amount |
|---|---|
J F Maddox Foundation Hobbs, NM PURPOSE: CAMPAIGN SUPPORT 2020-2023 | $403,328 |
J F Maddox Foundation Hobbs, NM PURPOSE: PROJECT YOU BENEFIT CONCERT | $55,000 |
J F Maddox Foundation Hobbs, NM PURPOSE: COVID-19 RESPONSE UTILITY ASSISTANCE | $10,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: GENERAL SUPPORT | $8,856 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,511 |
J F Maddox Foundation Hobbs, NM PURPOSE: HOUSING INSECURITY RELIEF | $5,000 |
Endowment Analysis
| Beg. Balance | $820,916 |
| Earnings | $99,956 |
| Admin Expense | $8,927 |
| Grants | $37,619 |
| Ending Balance | $874,326 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
United Way Of Salt Lake Salt Lake City, UT | $28,992,111 | $11,102,852 |
Jewish Federation Of Greater Houston Houston, TX | $13,164,896 | $16,157,692 |
United Way Of Tucson And Southern Arizona Inc Tucson, AZ | $24,809,225 | $14,478,255 |
Jewish Federation Of Greater Dallas Dallas, TX | $18,027,508 | $11,762,815 |
Shalom Austin Austin, TX | $8,435,174 | $13,067,909 |
United Way Of Northern Utah Ogden, UT | $14,414,361 | $4,637,663 |
United Way Of Larimer County Inc Fort Collins, CO | $7,692,443 | $6,500,342 |
United Way Of El Paso County El Paso, TX | $7,999,389 | $6,622,179 |
United Way Of Weld County Inc Greeley, CO | $5,895,187 | $7,008,653 |
United Way Of The Coastal Bend Inc Corpus Christi, TX | $7,813,987 | $6,731,389 |