United Way Of Monmouth And Ocean Counties Inc
- Assets
- $1.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Wall Township, NJ
- Founding
- 07/1967
- Data as of
- 06/2022
- EIN
- 22-1828435
Organization Overview
United Way Of Monmouth And Ocean Counties Inc is located in Wall Township, NJ. The organization was established in 1967. 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 Monmouth And Ocean Counties Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Monmouth And Ocean Counties 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 Monmouth And Ocean Counties Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of Monmouth And Ocean Counties Inc has awarded 106 individual grants totaling $3,983,553. 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
UNITED WAY OF MONMOUTH AND OCEAN COUNTIES BRIDGES THE GAPS TO EDUCATION, FINANCIAL STABILITY AND HEALTH FOR EVERY PERSON IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH: OUR SCHOOL-BASED NURSE PRACTITIONER PARTNERSHIP PROVIDES ENHANCED OR EXPANDED HEALTH SERVICES IN COLLABORATION WITH THE SCHOOL NURSE. STUDENTS ARE EASILY ABLE TO RECEIVE ACCESS TO PRIMARY CARE HEALTH SERVICES FOR THEIR PHYSICAL, SOCIAL AND EMOTIONAL WELLBEING. THIS IMPROVES STUDENT ATTENDANCE, THEIR ABILITY TO LEARN AND AFFORDS PARENTS NOT TO MISS WORK FOR CHILD DOCTOR'S APPOINTMENTS.
IN ADDITION TO THE PROGRAMS LISTED IN A, B, AND C ABOVE, OUR BASIC NEEDS INITIATIVE PROVIDES ACCESS TO ESSENTIAL HYGIENE AND HOUSEHOLD PRODUCTS TO ALLEVIATE THE FINANCIAL STRAIN AND STRESS ON FAMILIES EXPERIENCING HARDSHIP. UWMOC DISTRIBUTED A $50,000 GRANT TO NJ 211 TO SUPPORT BOTH COVID-19 AND HUMAN SERVICE RELATED CALLS FOR HELP. UNITED WAY OF MONMOUTH AND OCEAN COUNTIES ALLOWS DONORS TO DESIGNATE TO ANY 501 (C) (3) HEALTH AND HUMAN SERVICE ORGANIZATION. FOR THE CURRENT YEAR, DONOR DESIGNATIONS TOTALED $606,982 TO SELECTED AGENCIES. DONATIONS IN KIND:IN FISCAL YEAR 2022,UWMOC COLLECTED IN-KIND DONATIONS FOR FOUR MAJOR DRIVES:WARMEST WISHES COAT DRIVE DURING THE HOLIDAY SEASON, THE THREE (3) BASIC NEEDS INITIATIVES: PERSONAL PROTECTIVE EQUIPMENT TO LOCAL SCHOOL PARTNERS AS THEY LOOKED TO SAFELY REOPEN AFTER THE COVID-19 CLOSURES,SENIOR COMFORT BAG PROGRAM AND PERSONAL HYGIENE BAGS PROVIDES ESSENTIAL HYGIENE AND HOUSEHOLD PRODUCTS TO HELP ALLEVIATE THE FINANCIAL STRAIN AND STRESS FOR LOCAL FAMILIES.THESE DONATIONS ARE PRIMARILY DISTRIBUTED BY PARTNER SCHOOLS AND COMMUNITY AGENCIES IN MONMOUTH AND OCEAN COUNTIES TO REDUCE BARRIERS TO ACCESS FOR HOUSEHOLDS THROUGHOUT OUR REGION.
EDUCATION: OUR YOUTH VOCATIONAL PATHWAYS INITIATIVE EXPOSES AND CONNECTS HIGH SCHOOL YOUTH TO A DIVERSE ARRAY OF CAREER OPTIONS AND FIELDS, THROUGH SCHOOL-BASED HANDS ON INSTRUCTION AND TRAINING.
FINANCIAL STABILITY: OUR FINANCIAL SUCCESS CENTER NETWORK PROVIDES A FREE "ONE-STOP SHOP" FOR ALL MONMOUTH AND OCEAN COUNTY HOUSEHOLDS TO ACCESS AND CONNECT WITH CRITICAL FINANCIAL RESOURCES AND SUPPORTS: ASSISTING PEOPLE WITH THEIR IMMEDIATE CONCERNS AS WELL AS THEIR LONGER-TERM FINANCIAL GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Rosone Chair | OfficerTrustee | 4 | $0 |
Donald Cowan Treasurer | OfficerTrustee | 4 | $0 |
Nancy Eriksen Secretary | OfficerTrustee | 4 | $0 |
Eric Lubin Vice Chair | OfficerTrustee | 4 | $0 |
Sonia Grant Board Member | Trustee | 1 | $0 |
Thomas Hayes Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,488 |
| Related organizations | $0 |
| Government grants | $197,693 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,915,831 |
| Noncash contributions included in lines 1a–1f | $234,279 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,166,012 |
| Total Program Service Revenue | $635 |
| Investment income | $17,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $124,174 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,315,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $987,717 |
| 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. | $199,422 |
| Compensation of current officers, directors, key employees. | $44,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $424,535 |
| Pension plan accruals and contributions | $26,047 |
| Other employee benefits | $48,228 |
| Payroll taxes | $62,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,765 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,693 |
| Advertising and promotion | $6,459 |
| Office expenses | $44,326 |
| Information technology | $17,538 |
| Royalties | $0 |
| Occupancy | $95,547 |
| Travel | $1,203 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $667 |
| Interest | $0 |
| Payments to affiliates | $24,677 |
| Depreciation, depletion, and amortization | $13,651 |
| Insurance | $20,261 |
| All other expenses | $0 |
| Total functional expenses | $2,382,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,523 |
| Savings and temporary cash investments | $427,113 |
| Pledges and grants receivable | $321,077 |
| Accounts receivable, net | $69,094 |
| 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 | $18,469 |
| Net Land, buildings, and equipment | $48,326 |
| Investments—publicly traded securities | $600,268 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $94,448 |
| Total assets | $1,825,318 |
| Accounts payable and accrued expenses | $87,503 |
| Grants payable | $585,110 |
| Deferred revenue | $14,326 |
| 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 | $686,939 |
| Net assets without donor restrictions | $817,840 |
| Net assets with donor restrictions | $320,539 |
| 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 | $1,825,318 |
Grants Awarded
Over the last fiscal year, United Way Of Monmouth And Ocean Counties Inc has awarded $380,735 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VNA HEALTH GROUP PURPOSE: SCHOOL-BASED NURSE PRACTITIONER PROGRAM - HEALTH | $173,000 |
NJ 2-1-1 - INFORMATION AND REFERRAL SERVICES PURPOSE: INFORMATION AND REFERRAL SERVICES - FINANCIAL STABILITY | $50,000 |
TOMS RIVER REGIONAL SCHOOLS PURPOSE: PROJECT SPEAR-IT (YOUTH CAREER PATHWAYS) | $100,000 |
BASIC NEEDS PANTRY PURPOSE: ACCESS TO ESSENTIAL HYGIENE AND HOUSEHOLD PRODUCTS - BASIC NEEDS | $10,735 |
MENTAL HEALTH ASSOCIATION OF MONMOUTH COUNTY PURPOSE: FINANCIAL SUCCESS CENTER - FINANCIAL STABILITY | $33,600 |
AFFORDABLE HOUSING ALLIANCE PURPOSE: FINANCIAL SUCCESS CENTER - FINANCIAL STABILITY | $13,400 |