The United Way Of Greater Waterbury Inc
- Assets
- $4.5m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 30
- Location
- Waterbury, CT
- Founding
- 02/1943
- Data as of
- 06/2023
- EIN
- 06-0646634
Organization Overview
The United Way Of Greater Waterbury Inc is located in Waterbury, CT. The organization was established in 1943. 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 06/2023, United Way Of Greater Waterbury Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Greater Waterbury 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 06/2023, United Way Of Greater Waterbury Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. While expenses have increased by 0.4% 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 2016, United Way Of Greater Waterbury Inc has awarded 413 individual grants totaling $13,746,490. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE MOBILIZE FINANCIAL AND VOLUNTEER RESOURCES AND CONVENE PARTNERS TO ADDRESS THE NEEDS OF OUR COMMUNITY AND TO INVEST IN APPROACHES THAT MEASURABLY IMPROVE THE COMMUNITY CONDITIONS FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAMS: THE UNITED WAY WORKS COLLABORATIVELY WITH COMMUNITY PARTNERS TO HELP SOLVE COMMUNITY PROBLEMS. THE UNITED WAY PROVIDES LEADERSHIP, CONVENES AND FACILITATES COMMUNITY CONVERSATIONS AND/OR INITIATIVES ON PRIORITY ISSUES. THE UNITED WAY PROVIDES STAFF LEADERSHIP AND SERVES AS FIDUCIARY FOR SEVERAL PARTNERSHIPS (1) THE WATERBURY CAMPERSHIP PROGRAM WHICH ENABLES NEEDY CHILDREN TO ATTEND SUMMER CAMP, AND (2) BRIDGE TO SUCCESS A CRADLE TO CAREER INTITIATIVE. THE UNTED WAY ALSO TAKES A LEAD ROLE IN SPECIAL BASIC NEED INITIATIVES THAT ADDRESS IMMEDIATE COMMUNITY NEEDS SUCH AS HOLIDAY ADDISTANCE PROGRAM - A COLLABORATION WITH LOCAL FOOD PANTRIES.
DESIGNATIONS TO OTHER UNITED WAYS
ALLOCATIONS AND FUNDED AGENCY RELATIONS - THE UNITED WAY ALLCATES/INVESTS FUNDS IN LOCAL HEALTH AND HUMAN SERVICE PROGRAMS ADN INITIATIVES THAT HELP PEOPLE IN NEED. THROUGH THE OUTCOME MEASUREMENT INITIATIVE THE UNITED WAY ASSISTS ITS FUNDED PROGRMAS IN DEVELPING AND IMPLEMENTING A SYSTEM TO MEASURE THE IMPACT OF THEIR SERVICES ON THEIR CLIENTS. USING THE OUTCOME MEASURMENT DATA, THE UNITED WAY COMMUNICATES THE VALUE OF THESE SERVICES MORE EFFECTIVELY, WHILE PROVIDING INDIVIDUAL PROGRMAS WITH A TOOL TO IMPROVE THEIR EFFECTIVENESS. OUR COMMUNITY PARTNERS INCLUDE DOZENS OF LOCAL NON-PROFIT AGENCIES ADN COLLABORATIVES SUCH AS THE FOOD RESORCE COMMITTEE WHICH WORKS TO ADDRESS LOCAL NUNGER ISSUES, BRIDGE TO SUCCESS WHOSE FOCUS IS ON POSTITIVE YOUTH DEVELOPMENT, AND THE CONTINUUM OF CARE/CAN WHO ARE WORKING TO END CHRONIC HOMELESSNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Jacoby President & | Officer | 40 | $197,196 |
Daniel Davis Director | Trustee | 4 | $0 |
Dr Lisa Dresdner Director | Trustee | 4 | $0 |
Christopher Fasano Director | Trustee | 4 | $0 |
Attorney Jason Gagon Director | Trustee | 4 | $0 |
Patricia A Gentil Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,114,453 |
| All other contributions, gifts, grants, and similar amounts not included above | $815,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,930,081 |
| Total Program Service Revenue | $0 |
| Investment income | $132,697 |
| 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 | $4,466,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,547,668 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,247,676 |
| Pension plan accruals and contributions | $65,679 |
| Other employee benefits | $110,096 |
| Payroll taxes | $107,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $487,159 |
| Advertising and promotion | $75,627 |
| Office expenses | $225,202 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,406 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $98,697 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,620 |
| Insurance | $8,401 |
| All other expenses | $0 |
| Total functional expenses | $4,320,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $272,001 |
| Pledges and grants receivable | $1,555,825 |
| Accounts receivable, net | $118,729 |
| 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 | $37,931 |
| Net Land, buildings, and equipment | $5,680 |
| Investments—publicly traded securities | $2,503,535 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,495 |
| Total assets | $4,527,496 |
| Accounts payable and accrued expenses | $106,461 |
| Grants payable | $3,212,626 |
| 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 | $21,400 |
| Total liabilities | $3,340,487 |
| Net assets without donor restrictions | $1,187,009 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,527,496 |
Grants Awarded
Over the last fiscal year, The United Way Of Greater Waterbury Inc has awarded $1,547,668 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB WATERBURY PURPOSE: GENERAL USE | $27,818 |
CHESHIRECOMMUNITY YMCA PURPOSE: GENERAL USE | $6,905 |
CONNECTICUT COUNSELING SERVICES PURPOSE: GENERAL USE | $8,444 |
CONNECTIUCT LEGAL SERVICES PURPOSE: GENERAL USE | $15,050 |
HISPANIC COALITIONGREATER WTBY PURPOSE: GENERAL USE | $29,444 |
GIRL SCOUTS OF CONNECTICUT PURPOSE: GENERAL USE | $8,780 |