United Way Of Rhode Island Inc
- Assets
- $31.8m
- Revenue
- $24.1m
- Investments
- $968.1k
- Employees
- 95
- Location
- Providence, RI
- Founding
- 08/1955
- Data as of
- 06/2024
- EIN
- 05-0276059
Organization Overview
United Way Of Rhode Island Inc, operating under the name United Way Of Ri, is located in Providence, RI. The organization was established in 1955. 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 06/2024, United Way Of RI employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of RI 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 06/2024, United Way Of RI generated $24.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $25.6m during the year ending 06/2024. While expenses have increased by 4.2% per year over the past 9 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 RI has awarded 3,012 individual grants totaling $97,188,605. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
UNITING OUR COMMUNITY AND RESOURCES TO BUILD RACIAL EQUITY AND OPPORTUNITIES FOR ALL RI
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY IMPACT FUND GRANTS$4,672,443 TO SUPPORT THE COMMUNITY THROUGH GRANTS TO NONPROFIT AGENCIES IN RHODE ISLAND HELPING TO IMPROVE THE RESULTS OF CHILDREN IN SCHOOL, IMPROVING ACCESS TO AFFORDABLE AND SAFE HOUSING, AND DECREASING FOOD INSECURITY; $567,862 TO ENABLE SUMMER LEARNING; $352,346 FOR ENERGY ASSISTANCE; AND, $291,771 FOR VOLUNTARY INCOME TAX ASSISTANCE TO HELP LOWER INCOME RESIDENTS GET THE HIGHEST TAX REFUND POSSIBLE. DETAILS ON OUR COMMUNITY IMPACT WORK CAN BE VIEWED ON OUR WEBSITE AT WWW.UNITEDWAYRI.ORG.
COMMUNITY IMPACT PROGRAM:$7,945,864 TO PROVIDE RESOURCES TO HELP SOLVE COMPELLING SOCIAL AND EDUCATIONAL NEEDS IN RI, COMPLETE RESEARCH AND ANALYTICS OF THOSE NEEDS, AND ADMINISTER GRANTS; $1,469,962 TO RUN THE 2-1-1 CALL CENTER IN RI, ANSWERING OVER 200,000 CALLS FOR THOSE IN NEED; $1,373,414 TO PROVIDE POINT FOR SENIORS & DISABILITY SERVICES, AS CONTRACTED WITH RI OFFICE OF HEALTHY AGING; $401,912 TO SUPPORT THE ADVOCACY WORK; $221,350 TO ENABLE VOLUNTEERS THROUGHOUT RI; INFORMATION ON OUR VOLUNTEER WORK AND OPPORTUNITIES CAN BE FOUND AT WWW.UNITEDWAYRI.ORG/VOLUNTEER.
DONOR DESIGNATIONS AND MY FUND $873,964 IN DONOR INVESTMENTS FOR THE ANNUAL UNITED WAY CAMPAIGN WHERE THE DONORS RECOMMEND THAT THEIR GIFTS BE DISBURSED THROUGH UNITED WAY OF RI TO SPECIFIC 501(C)(3) AGENCIES. $4,281,697 IN DONOR INVESTMENTS FOR APPROXIMATELY 525 LEADERSHIP DONORS WHO CHOOSE TO DIRECT THEIR GIFTS TO THEIR UNITED WAY OF RHODE ISLAND MYFUND ACCOUNT (DONOR ADVISED FUND). THESE LEADERSHIP DONORS THEN MADE RECOMMENDATIONS TO UNITED WAY OF RI DURING THE FISCAL YEAR REQUESTING GIFTS TO BE DIRECTED TO 501 (C)(3) AGENCIES. TO LEARN MORE ABOUT DONOR DIRECTED GIVING,PLEASE VISIT OUR WEBSITE AT WWW.UNITEDWAYRI.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cortney Nicolato President And CEO | OfficerTrustee | 37.5 | $303,873 |
Dolph Johnson Board Chair | OfficerTrustee | 1 | $0 |
Barbara Chernow Treasurer | OfficerTrustee | 1 | $0 |
Christopher Sabitoni Secretary (as Of 8/23) | OfficerTrustee | 1 | $0 |
Anthony Botelho Vice Chair (as Of 10/23) | OfficerTrustee | 1 | $0 |
Jayne Donegan Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brave River Solutions Inc It Services | 6/29/24 | $342,283 |
Aperio Philanthropy Llc Fundraising Consultants | 6/29/24 | $266,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,539,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,834,993 |
| Noncash contributions included in lines 1a–1f | $757,341 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,374,545 |
| Total Program Service Revenue | $0 |
| Investment income | $661,433 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $461,618 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,066,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,456,505 |
| 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. | $748,871 |
| Compensation of current officers, directors, key employees. | $297,976 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,047,308 |
| Pension plan accruals and contributions | $70,785 |
| Other employee benefits | $852,077 |
| Payroll taxes | $458,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $67,801 |
| Fees for services: Accounting | $66,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,504 |
| Fees for services: Other | $1,196,161 |
| Advertising and promotion | $415,836 |
| Office expenses | $352,505 |
| Information technology | $367,164 |
| Royalties | $0 |
| Occupancy | $318,751 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $602,066 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,576 |
| Insurance | $108,832 |
| All other expenses | $0 |
| Total functional expenses | $25,578,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,792 |
| Savings and temporary cash investments | $9,552,740 |
| Pledges and grants receivable | $897,153 |
| Accounts receivable, net | $1,194,614 |
| 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 | $255,158 |
| Net Land, buildings, and equipment | $2,846,140 |
| Investments—publicly traded securities | $8,993,701 |
| Investments—other securities | $968,116 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,854,470 |
| Total assets | $31,839,884 |
| Accounts payable and accrued expenses | $2,890,972 |
| Grants payable | $623,058 |
| Deferred revenue | $4,296,069 |
| 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 | $1,748,542 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,558,641 |
| Net assets without donor restrictions | $14,921,608 |
| Net assets with donor restrictions | $7,359,635 |
| 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 | $31,839,884 |
Grants Awarded
Over the last fiscal year, United Way Of Rhode Island Inc has awarded $9,560,354 in support to 265 organizations.
| Grant Recipient | Amount |
|---|---|
A LEADERSHIP JOURNEY PURPOSE: DONOR DESIGNATION/GRANT | $6,297 |
A WISH COME TRUE INC PURPOSE: DONOR DESIGNATION/GRANT | $7,956 |
ACCESSPOINT RI PURPOSE: DONOR DESIGNATION/GRANT | $13,220 |
ACE MENTOR PROGRAM OF AMERICA INC PURPOSE: DONOR DESIGNATION/GRANT | $10,000 |
ADOPTION RHODE ISLAND PURPOSE: DONOR DESIGNATION/GRANT | $7,167 |
ALLIANCE OF RHODE ISLAND SOUTHEAST ASIANS FOR EDUCATION (ARI PURPOSE: DONOR DESIGNATION/GRANT | $78,351 |