United Way Of North Central Mass Inc
- Assets
- $6.1m
- Revenue
- $3.8m
- Investments
- $665.8k
- Employees
- 12
- Location
- Fitchburg, MA
- Founding
- 03/1962
- Data as of
- 06/2022
- EIN
- 04-2233021
Organization Overview
United Way Of North Central Mass Inc is located in Fitchburg, MA. 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 06/2022, United Way Of North Central Mass Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of North Central Mass 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 06/2022, United Way Of North Central Mass Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 8 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 2015, United Way Of North Central Mass Inc has awarded 462 individual grants totaling $17,429,587. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF UWNCM IS TO CREATE OPPORTUNITIES FOR A BETTER LIFE THROUGH INNOVATIVE LEADERSHIP THAT IMPROVES THE HUMAN CONDITION BY MOBILIZING THE CARING POWER OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UWNCM CREATES OPPORTUNITIES THROUGH ITS WORK IN THE AREAS OF - SUPPLEMENTAL BASIC NEEDS, EDUCATION AND YOUTH DEVELOPMENT AND ECONOMIC OPPORTUNITY/FINANCIAL LITERACY. THESE PRIORITIES HELP TO GUIDE OUR EFFORTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kory Eng President | OfficerTrustee | 37.5 | $181,752 |
Keith D Boissoneau Treasurer | OfficerTrustee | 2 | $0 |
Win Brown Director | Trustee | 1 | $0 |
Robert Chauvin Clerk | OfficerTrustee | 1 | $0 |
Arthur J Feehan Director | Trustee | 1 | $0 |
Melissa Fetterhoff Campaign Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,693,386 |
| Investment income | $10,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,801 |
| Net Income from Fundraising Events | $4,278 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,763,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $52,690 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $181,752 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $382,155 |
| Pension plan accruals and contributions | $24,920 |
| Other employee benefits | $80,606 |
| Payroll taxes | $49,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,441 |
| Fees for services: Accounting | $1,941 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,641 |
| Advertising and promotion | $0 |
| Office expenses | $15,329 |
| Information technology | $16,327 |
| Royalties | $0 |
| Occupancy | $34,824 |
| Travel | $11,759 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $910 |
| Interest | $0 |
| Payments to affiliates | $54,806 |
| Depreciation, depletion, and amortization | $17,036 |
| Insurance | $5,141 |
| All other expenses | $0 |
| Total functional expenses | $3,217,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,873,423 |
| Savings and temporary cash investments | $407,073 |
| Pledges and grants receivable | $1,168,437 |
| Accounts receivable, net | $197,586 |
| 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 | $24,429 |
| Investments—publicly traded securities | $651,775 |
| Investments—other securities | $665,794 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,470 |
| Total assets | $6,086,999 |
| Accounts payable and accrued expenses | $132,099 |
| Grants payable | $734,014 |
| Deferred revenue | $416,546 |
| 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 | $65,500 |
| Total liabilities | $1,348,159 |
| Net assets without donor restrictions | $1,433,578 |
| Net assets with donor restrictions | $3,305,262 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,738,840 |
Grants Awarded
Over the last fiscal year, United Way Of North Central Mass Inc has awarded $1,644,052 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF NCM PURPOSE: GENERAL SUPPORT | $269,471 |
MT WACHUSETT COMMUNITY COLLEGE PURPOSE: UNITED WAY YOUTH VENTURE PROGRAM | $183,450 |
SPANISH AMERICAN CENTER PURPOSE: FAMILY SUPPORT SERVICES | $99,500 |
MAKING OPPORTUNITY COUNT PURPOSE: CHILD CARE AND FAMILY SERVICES | $65,000 |
SALVATION ARMY MONTACHUSETT CORPS PURPOSE: SUMMER YOUTH PROGRAMS AND EMERGENCY ASSISTANCE | $64,898 |
NORTH STAR FAMILY SERVICES INC PURPOSE: FAMILY HOMELESSNESS | $60,250 |