United Way Of Greater Toronto
- Assets
- $111.1m
- Revenue
- $125.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 02/1963
- Data as of
- 03/2022
- EIN
- 98-6001253
Organization Overview
United Way Of Greater Toronto is located in null. The organization was established in 1963. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Greater Toronto 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 03/2022, United Way Of Greater Toronto generated $125.5m 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 $125.6m during the year ending 03/2022. While expenses have increased by 0.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MEET URGENT HUMAN NEEDS AND IMPROVE SOCIAL CONDITIONS BY MOBILIZING THE COMMUNITY'S VOLUNTEER AND FINANCIAL RESOURCES IN A COMMON CAUSE OF CARING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITED WAY OF GREATER TORONTO FUNDS A NETWORK OF COMMUNITY AGENCIES IN PEEL, TORONTO AND YORK REGION THAT PROVIDE CRITICAL SOCIAL SUPPORT AND TACKLE ISSUES IMPACTED AND RELATED TO POVERTY.
EXPENSES INCURRED TO SUPPORT PROGRAM AREAS.
GRANTS TO NON-QUALIFIED DONEES. THESE RECIPIENTS ARE NOT REGISTERED CHARITIES BUT ARE QUALIFIED TO RECEIVE FUNDING BASED ON THEIR CONTRIBUTIONS TO THE COMMUNITY.
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 |
|---|---|---|---|
Daniele Zanotti President & CEO | Officer | 40 | $323,675 |
Michael Cheong Chief Financial & Op. Officer | Officer | 40 | $215,907 |
Joan Taylor Vp, People & Culture | Officer | 40 | $176,250 |
Anita Stellinga Chief Of Staff | Officer | 40 | $164,354 |
Nation Cheong VP Opportuni. & Mobilization | Officer | 40 | $164,354 |
Ruth Crammond Vp, Community Investment & Dev | Officer | 40 | $158,626 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,529,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,340,520 |
| Noncash contributions included in lines 1a–1f | $16,896,569 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,870,274 |
| Total Program Service Revenue | $0 |
| Investment income | $613,480 |
| 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 | $125,483,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $98,211,008 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,077,796 |
| Compensation of current officers, directors, key employees. | $2,077,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,357,264 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,489,512 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$848 |
| Fees for services: Accounting | $82,269 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $502,356 |
| Office expenses | $527,482 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,216,700 |
| Travel | $17,137 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $381,262 |
| Insurance | $0 |
| All other expenses | $1,949,815 |
| Total functional expenses | $125,622,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,295,757 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $817,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $419,136 |
| Net Land, buildings, and equipment | $1,378,052 |
| Investments—publicly traded securities | $76,111,973 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $111,122,160 |
| Accounts payable and accrued expenses | $7,122,012 |
| Grants payable | $0 |
| Deferred revenue | $14,571,426 |
| 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 | $2,176,216 |
| Total liabilities | $23,869,654 |
| Net assets without donor restrictions | $0 |
| 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 | $87,252,506 |
| Total liabilities and net assets/fund balances | $111,122,160 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that United Way Of Greater Toronto has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GRANT SUPPORT | $25,000 |
Endowment Analysis
| Beg. Balance | $23,728,108 |
| Earnings | $413,212 |
| Net Contributions | $571,958 |
| Grants | $1,727,880 |
| Ending Balance | $22,985,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Toronto | $111,122,160 | $125,483,754 |
Vancouver Foundation | $1,114,568,560 | $88,948,385 |
Federation Cja | $95,723,392 | $84,248,628 |
Sunnybrook Foundation | $338,541,566 | $82,225,949 |
Jerusalem Foundation | $119,104,204 | $47,867,000 |
United Israel Appeal Of Canada Inc | $41,748,744 | $42,397,130 |
Nuffield Foundation | $751,340,789 | $8,543,447 |
Shell Foundation | $694,036,776 | $58,431,899 |