Monadnock United Way Inc is located in Keene, NH. The organization was established in 1952. 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, Monadnock United Way Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monadnock 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, Monadnock United Way Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Monadnock United Way Inc has awarded 200 individual grants totaling $8,894,606. 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
MONADNOCK UNITED WAY IS DEDICATED TO IMPROVING LIVES BY MOBILIZING DIVERSE PARTNERS AND INVESTING IN PROGRAMS AND PEOPLE TO CREATE LONG-LASTING MEASURABLE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY BUILDING:MONADNOCK UNITED WAY (MUW) WORKS COLLABORATIVELY TO ADDRESS OUR COMMUNITY'S NEEDS IN THREE FOCUS AREAS: CHILDREN, EDUCATION AND FINANCIAL STABILITY THROUGHOUT EVERY COMMUNITY IN OUR REGION. MUW USES A COLLECTIVE IMPACT MODEL TO BRING PEOPLE FROM ACROSS ALL SECTORS OF THE MONADNOCK REGION AND STATE OF NEW HAMPSHIRE TOGETHER TO SOLVE THESE ISSUES IN OUR COMMUNITY: ENSURING THAT CHILDREN LIVE IN SAFE, NURTURING, HEALTHY HOMES BECAUSE WE HAVE THE 3RD HIGHEST RATE OF CHILD ABUSE AND NEGLECT IN THE STATE. ENSURING THAT EVERYONE HAS THE FINANCIAL RESOURCES THEY NEED TO LIVE HEALTHY, HAPPY AND PRODUCTIVE LIVES, BECAUSE 1 IN 4 OF US ARE LOW INCOME, WHICH IS HIGHER THAN THE STATE AVERAGE OF 1 IN 5. AND ENSURING THAT EVERYONE IN OUR COMMUNITY RECEIVES AN EDUCATION THAT ENABLES THEM TO ACHIEVE THEIR FULLEST POTENTIAL BECAUSE OUR CHILDREN SCORE LOWER THAN THE REST OF THE STATE IN ENGLISH AND MATH. THESE PROBLEMS ARE COMPLEX AND NO SINGLE ORGANIZATION OR INDIVIDUAL ALONE CAN SOLVE THEM. BY BRINGING ALL SEGMENTS OF OUR COMMUNITY TOGETHER, WE CAN CREATE LONG-LASTING CHANGES AND ADDRESS THE UNDERLYING CAUSES OF THE PROBLEMS. MUW FUNDS OVER 30 COLLECTIVES AND INDIVIDUAL PROGRAMS, PROVIDING GUIDANCE AND TECHNICAL ASSISTANCE TO HELP FUNDED PROGRAMS ACHIEVE THEIR GOALS. MUW ALSO BRINGS SECTORS TOGETHER TO ADDRESS OUR REGION'S NEEDS. THIS INCLUDES THE BUSINESS SECTOR, EDUCATION SECTOR, GOVERNMENTAL SECTOR ON A LOCAL, REGIONAL AND STATEWIDE BASIS AND ORGANIZATIONS SUCH AS EARLY LEARNING NH, PARENT INFO CENTER, CONNECTED FAMILIES NH, HEALTHY MONADNOCK ALLIANCE, AND NH FUNDER'S FORUM. MONADNOCK UNITED WAY SERVES AS THE ADMINISTRATOR FOR THE FEDERAL EMERGENCY FOOD AND SHELTER PROGRAM FOR CHESHIRE COUNTY.
IMPACT AND INVESTMENT:THE MONADNOCK UNITED WAY HAS A UNIQUE INVESTMENT PROCESS, WHICH SUPPORTS AND ENCOURAGES COLLECTIVE AND COLLABORATIVE EFFORTS; FOCUSES ON BOTH PROGRAM-SPECIFIC AND COLLECTIVE ACHIEVEMENT OF OUTCOMES THAT ADDRESS OUR REGION'S UNDERLYING ISSUES FOR CHILDREN, EDUCATION AND FINANCIAL STABILITY; AND ENSURES FISCAL AND GOVERNANCE ACCOUNTABILITY. THE OBJECTIVE OF MUW'S IMPACT AND INVESTMENT COMMITTEE IS TO DEPLOY MONADNOCK UNITED WAY FINANCIAL AND BACKBONE SUPPORT TO MAXIMIZE THE RESOURCES AVAILABLE TO INITIATIVES THAT WORK TOWARD A COMMON AGENDA, SHARED MEASUREMENT, MUTUALLY REINFORCING ACTIVITIES, AND WHO ENGAGE IN CONTINUOUS COMMUNICATION. MUW'S VOLUNTEER INVESTMENT TEAM MEMBERS READ PROPOSALS, CONDUCT SITE VISITS, LISTEN TO PRESENTATIONS FROM AGENCIES REQUESTING FUNDING, AND MAKE FUNDING RECOMMENDATIONS. THESE VOLUNTEERS ALSO ASSIST STAFF IN REVIEWING REGULAR REPORTING THROUGHOUT THE MULTI-YEAR FUNDING CYCLE TO ENSURE THAT PROGRAMS ARE ON-TARGET, TO HIGHLIGHT AREAS OF CONCERN, AND TO PROVIDE SUPPORT AND ASSISTANCE SO PROGRAMS MAY ADDRESS THOSE CONCERNS AS EARLY AS POSSIBLE IN THEIR FUNDING CYCLE. THIS SYSTEM IS DESIGNED TO BE ACCOUNTABLE TO THE DONOR, RESPONSIVE TO OUR COMMUNITY'S NEEDS AND INCLUSIVE OF THE PROGRAMS TO WHICH THE GIVERS WISH TO CONTRIBUTE.
IMPACT MONADNOCK:IMPACT MONADNOCK SEEKS TO IMPROVE OUTCOMES FOR ALL CHILDREN IN THE MONADNOCK REGION, FROM BIRTH TO AGE EIGHT, AND THEIR FAMILIES FOR FUTURE ACADEMIC, CAREER AND LIFE SUCCESS. IT WAS CREATED IN RESPONSE TO RESEARCH INDICATING THAT EARLY CHILDHOOD DEVELOPMENT IS ONE OF THE MOST CRITICAL FACTORS DETERMINING THE FUTURE OF ALL CITIZENS OF THE MONADNOCK REGION, BECAUSE WHAT HAPPENS TO OUR YOUNGEST RESIDENTS WILL HAVE A POWERFUL IMPACT ON OUR COMMUNITY'S FUTURE SUCCESS AND PROSPERITY. FOCUSING ON THE EDUCATIONAL ACHIEVEMENT AND WELFARE OF CHILDREN FROM BIRTH TO AGE EIGHT CREATES A STRONG FOUNDATION FOR THEIR FUTURE HEALTH, HAPPINESS AND ECONOMIC OPPORTUNITY. AND THIS IN TURN, LEADS TO MORE STABILITY AND PROSPERITY FOR THE COMMUNITIES WHERE THEY LIVE. IMPACT MONADNOCK'S MASTER PLAN IS BASED ON A COMPREHENSIVE ANALYSIS OF THE CHALLENGES FACING OUR REGION. IT ALIGNS WITH THE NEW HAMPSHIRE STRATEGIC PLAN FOR EARLY CHILDHOOD.
THE MONADNOCK UNITED WAY COLLABORATES WITH OTHER MONADNOCK REGION AGENCIES ON VARIOUS PROJECTS. SOME OF THESE PROJECTS PROVIDE THAT THE MONADNOCK UNITED WAY WILL ACT AS FISCAL AGENT FOR SUCH COOPERATIVE EFFORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Liz Larose President | Officer | 40 | $91,197 |
Ben Wheeler Treasurer | OfficerTrustee | 1 | $0 |
Edward R Guyot Chair | OfficerTrustee | 1 | $0 |
Elizabeth Coppola Secretary | OfficerTrustee | 1 | $0 |
Katie Sutherland Vice Chair | OfficerTrustee | 1 | $0 |
Amy Matthews Director | Trustee | 1 | $0 |
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 | $2,283,709 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,283,709 |
Total Program Service Revenue | $0 |
Investment income | $322 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $78 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,296,861 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $755,030 |
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. | $99,766 |
Compensation of current officers, directors, key employees. | $9,977 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $160,054 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,627 |
Payroll taxes | $21,068 |
Fees for services: Management | $0 |
Fees for services: Legal | $213 |
Fees for services: Accounting | $14,077 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,076 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,442 |
Travel | $136 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,785 |
Interest | $0 |
Payments to affiliates | $21,956 |
Depreciation, depletion, and amortization | $3,227 |
Insurance | $4,629 |
All other expenses | $17,692 |
Total functional expenses | $1,463,813 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,079,073 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $549,967 |
Accounts receivable, net | $590,320 |
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 | $4,200 |
Net Land, buildings, and equipment | $29,330 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $358,307 |
Total assets | $3,611,197 |
Accounts payable and accrued expenses | $95,062 |
Grants payable | $51,552 |
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 | $146,614 |
Net assets without donor restrictions | $1,104,268 |
Net assets with donor restrictions | $2,360,315 |
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 | $3,611,197 |
Over the last fiscal year, Monadnock United Way Inc has awarded $726,130 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
Keene, NH PURPOSE: COMMUNITY BUILDING | $252,080 |
Winchester, NH PURPOSE: COMMUNITY BUILDING | $106,875 |
Keene, NH PURPOSE: COMMUNITY BUILDING | $87,925 |
Keene, NH PURPOSE: COMMUNITY BUILDING | $79,125 |
Winchester, NH PURPOSE: COMMUNITY BUILDING | $74,125 |
Peterborough, NH PURPOSE: COMMUNITY BUILDING | $38,500 |
Over the last fiscal year, we have identified 1 grants that Monadnock United Way Inc has recieved totaling $25.
Awarding Organization | Amount |
---|---|
Godfrey F Klein Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Granite United Way Manchester, NH | $10,904,464 | $19,030,593 |
Wellington Management Foundation Boston, MA | $61,260,814 | $15,149,104 |
United Way Of Tri County Inc Framingham, MA | $6,314,872 | $10,584,211 |
United Way Inc Portland, ME | $21,043,682 | $13,282,477 |
United Way Of Central Massachusetts Inc Worcester, MA | $17,606,516 | $12,267,996 |
Supreme Council Benevolent Foundation Lexington, MA | $125,656,047 | $11,525,847 |
Yawkey Foundation Dedham, MA | $79,901,804 | $8,131,065 |
Philanthropy Massachusetts Inc Boston, MA | $3,861,413 | $4,531,233 |
United Way Of Greater New Bedford Inc New Bedford, MA | $3,496,930 | $4,464,840 |
United Way Of Northwest Vermont Inc South Burlington, VT | $7,333,422 | $4,536,751 |
Jewish Federation Of Western Massachusetts Inc Springfield, MA | $56,590,523 | $5,261,181 |
United Way Of North Central Mass Inc Fitchburg, MA | $6,086,999 | $3,763,250 |