United Way Of Freeborn County Inc
- Assets
- $895.9k
- Revenue
- $302.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Albert Lea, MN
- Founding
- 12/1964
- Data as of
- 12/2022
- EIN
- 41-0956396
Organization Overview
United Way Of Freeborn County Inc is located in Albert Lea, MN. The organization was established in 1964. 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 12/2022, United Way Of Freeborn County Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Freeborn County 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 12/2022, United Way Of Freeborn County Inc generated $302.2k 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 (6.6%) each year. All expenses for the organization totaled $241.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) 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 Freeborn County Inc has awarded 84 individual grants totaling $2,126,914. 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
UNITING PEOPLE AND RESOURCES TO IMPROVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, SIGNIFICANT FOCUS WAS ADDRESSING THE FOCUS AREAS OF FOOD INSECURITY AND ASSESSING COMMUNITY NEEDS FOLLOWING THE INITIAL WAVE OF THE PANDEMIC. UNITED WAY INVESTED IN PROGRAMS PROVIDING HUMAN SERVICES. PROGRAMS RANGE FROM SUPPORTING PROGRAMS WITH EARLY CHILDHOOD SERVICES, SENIOR CARE, AND EMERGENCY SERVICES SUCH AS FOOD ACCESS AND SHELTER. UNITED WAY ALSO SUPPORTS INTERNAL PROGRAMMING SUCH AS THE DOLLY PARTON IMAGINATION LIBRARY WHICH PROVIDES AGE-APPROPRIATE BOOKS FOR CHILDREN BIRTH TO AGE FIVE; AND THE WINTER GEAR DRIVE, PROVIDING WEATHER APPROPRIATE CLOTHING FOR COMMUNITY MEMBERS. UNITED WAY OF FREEBORN COUNTY'S PRIMARY FOCUS IS ON THE AREAS OF HEALTH, FINANCIAL LITERACY, AND EDUCATION, THUS LOOKING AT IMMEDIATE AND LONG-TERM SUSTAINABILITY OF NON-PROFITS IN OUR AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Double Chair | OfficerTrustee | 1 | $0 |
Janelle Koepke Past Chair | OfficerTrustee | 1 | $0 |
Marilyn Rasmussen Vice Chair | OfficerTrustee | 1 | $0 |
Kathy Leidal Secretary - Part Year | OfficerTrustee | 1 | $0 |
Kevin Lafrance Treasurer - Part Year | OfficerTrustee | 1 | $0 |
Sally Skrlin Director At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $104,834 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,240 |
| Total Program Service Revenue | $0 |
| Investment income | $733 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,261 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,000 |
| 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. | $44,040 |
| Compensation of current officers, directors, key employees. | $17,616 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,507 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,278 |
| Advertising and promotion | $440 |
| Office expenses | $0 |
| Information technology | $8,920 |
| Royalties | $0 |
| Occupancy | $13,127 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,404 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,914 |
| Insurance | $889 |
| All other expenses | $345 |
| Total functional expenses | $241,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $381,654 |
| Savings and temporary cash investments | $201,223 |
| Pledges and grants receivable | $110,211 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $197,935 |
| Total assets | $895,918 |
| Accounts payable and accrued expenses | $17,059 |
| Grants payable | $45,000 |
| 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 | $105,896 |
| Total liabilities | $167,955 |
| Net assets without donor restrictions | $727,963 |
| 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 | $895,918 |
Grants Awarded
Over the last fiscal year, United Way Of Freeborn County Inc has awarded $85,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE LUTHERAN CHURCH PURPOSE: AGENCY GRANT | $10,000 |
SEMCAC PURPOSE: AGENCY GRANT | $10,000 |
FIRST LURTHERAN CHURCH PURPOSE: AGENCY GRANT | $10,000 |
CEDAR VALLEY SERVICES PURPOSE: AGENCY GRANT | $10,000 |
LIFE CENTER OF FREEBORN COUNTY PURPOSE: AGENCY GRANT | $10,000 |
DAYBREAKERS KIWANIS PURPOSE: AGENCY GRANT | $10,000 |