United Way Inc
- Assets
- $29.2m
- Revenue
- $12.7m
- Investments
- $7.1m
- Employees
- 47
- Location
- Hartford, CT
- Founding
- 06/1934
- Data as of
- 06/2022
- EIN
- 06-0646653
Organization Overview
United Way Inc, operating under the name United Way Of Central And Northeastern Connecticut, is located in Hartford, CT. The organization was established in 1934. 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 Central And Northeastern Connecticut employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Central And Northeastern Connecticut 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 Central And Northeastern Connecticut generated $12.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $10.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of Central And Northeastern Connecticut has awarded 1,424 individual grants totaling $81,157,383. 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
TO ENGAGE PEOPLE TO IMPROVE LIVES AND CHANGE COMMUNITY CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR DESIGNATIONS: THROUGH THE UWCNCT COMMUNITY CAMPAIGN, DONORS CAN DIRECT THEIR GIFTS TO ANY QUALIFIED ORGANIZATION IN THE UNITED STATES OVER WHICH UWCNCT EXERCISES/RETAINS NO DISCRETION AS TO USE DUE TO DONOR INSTRUCTION. IN ORDER TO QUALIFY, AN ORGANIZATION MUST MEET THE FOLLOWING THREE CRITERIA: (1) FULLY TAX EXEMPT, (2) DONATIONS ARE 100% TAX DEDUCTIBLE, (3) IN FULL COMPLIANCE WITH FEDERAL PATRIOT ACT LAW.
EDUCATION - YOUNG PEOPLE GRADUATE FROM HIGH SCHOOL COLLEGE AND CAREER READY: OUR UNITED WAY HELPS PREPARE YOUTH FOR ACADEMIC SUCCESS WITH AN EMPHASIS ON SCHOOL READINESS AND EARLY CHILDHOOD EDUCATION, MEETING APPROPRIATE GRADE-LEVEL READING BENCHMARKS, AND SUCCESSFUL TRANSITIONS FROM MIDDLE SCHOOL TO HIGH SCHOOL. WE BELIEVE THAT THESE COMPREHENSIVE APPROACHES TO ADDRESSING PRE-KINDERGARTEN THROUGH EIGHTH GRADE STUDENT ACHIEVEMENT WILL PROVIDE A SOLID FOUNDATION LEADING TO STUDENTS COMPLETING HIGH SCHOOL ON TIME AND WITH THE SKILLS NEEDED TO BE SUCCESSFUL IN COLLEGE AND BEYOND.
BASIC NEEDS - INDIVIDUALS AND FAMILIES HAVE BASIC SUPPORTS: WE PROVIDE SUPPORT FOR EMERGENCY SERVICES SUCH AS FOOD, SHELTER, DISASTER RELIEF SERVICES, BASIC MATERIAL NEEDS AND SUPPORT FOR SURVIVORS OF SEXUAL ASSAULT OR DOMESTIC VIOLENCE. IN ADDITION WE PROVIDE INFORMATION AND REFERRAL, AND ASSISTANCE TO INDIVIDUALS IN TIMES OF CRISIS SUCH AS THE RECENT COVID-19 PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anden R Utzinger Outgoing Board Member | Trustee | 0.3 | $0 |
Antonio Santiago Jr Board Member | Trustee | 0.3 | $0 |
Beatriz Gutierrez Board Member | Trustee | 0.3 | $0 |
Charles W Bogoian Board Member | Trustee | 0.3 | $0 |
Colleen A Mcguire Outgoing Board Member | Trustee | 0.3 | $0 |
Courtney Jinjika Board Member | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
United Way Worldwide Marketing | 6/29/22 | $430,989 |
Connecticut Center For Advance Technolog Consultant | 6/29/22 | $281,378 |
Capital Workforce Partners Consultant | 6/29/22 | $201,227 |
Dmarco Management Corporation Building Maintenance | 6/29/22 | $129,675 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,939,135 |
| Investment income | $533,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $101,363 |
| Net Gain/Loss on Asset Sales | $114,950 |
| Net Income from Fundraising Events | -$21,482 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,702,734 |
| Statement of Expenses | |
|---|---|
| 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. | $253,641 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,435,674 |
| Pension plan accruals and contributions | $17,477 |
| Other employee benefits | $394,487 |
| Payroll taxes | $249,779 |
| Fees for services: Management | $13,406 |
| Fees for services: Legal | $8,740 |
| Fees for services: Accounting | $47,886 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,000 |
| Fees for services: Other | $127,548 |
| Advertising and promotion | $118,457 |
| Office expenses | $160,880 |
| Information technology | $139,841 |
| Royalties | $0 |
| Occupancy | $320,762 |
| Travel | $8,394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,535 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $184,841 |
| Insurance | $183,749 |
| All other expenses | $0 |
| Total functional expenses | $10,377,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363 |
| Savings and temporary cash investments | $3,810,203 |
| Pledges and grants receivable | $1,403,097 |
| Accounts receivable, net | $234,502 |
| 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 | $65,302 |
| Investments—publicly traded securities | $15,865,340 |
| Investments—other securities | $7,122,131 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,958 |
| Total assets | $29,196,738 |
| Accounts payable and accrued expenses | $1,786,499 |
| Grants payable | $2,446,266 |
| 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 | $3,817,559 |
| Total liabilities | $8,050,324 |
| Net assets without donor restrictions | $12,521,495 |
| Net assets with donor restrictions | $8,624,919 |
| 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 | $21,146,414 |
Grants Awarded
Over the last fiscal year, United Way Inc has awarded $3,937,006 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: DONOR DESIGNATED GIFTS | $97,000 |
BOYS & GIRLS CLUBS OF HARTFORD INC PURPOSE: BOARD DESIGNATED GIFTS | $83,000 |
CAMP COURANT PURPOSE: BOARD DESIGNATED GIFTS | $45,000 |
CATHOLIC CHARITIES & FAMILY SERVICES DIOCESE OF NORWICH INC PURPOSE: BOARD DESIGNATED GIFTS | $21,502 |
CATHOLIC CHARITIES INC - ARCHDIOCESE OF HARTFORD PURPOSE: BOARD DESIGNATED GIFTS | $218,500 |
CCARC INC PURPOSE: BOARD DESIGNATED GIFTS | $21,502 |