United Way Of East Central Iowa
- Assets
- $18.6m
- Revenue
- $7.0m
- Investments
- $299.2k
- Employees
- 37
- Location
- Cedar Rapids, IA
- Founding
- 05/1963
- Data as of
- 06/2022
- EIN
- 42-0861239
Organization Overview
United Way Of East Central Iowa is located in Cedar Rapids, IA. The organization was established in 1963. 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 East Central Iowa employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of East Central Iowa 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 East Central Iowa generated $7.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $7.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of East Central Iowa has awarded 546 individual grants totaling $40,830,902. 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
UNITE THE CARING POWER OF COMMUNITIES TO INVEST IN EFFECTIVE SOLUTIONS TO IMPROVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UWECI INVESTS IN THE PILLARS OF EDUCATION, FINANCIAL STABILITY, AND HEALTH THROUGH NON-PROFIT PROGRAMS WITHIN ITS FIVE COUNTY AREA. INVESTMENTS ARE DETERMINED ON A THREE-YEAR CYCLE BY THE ORGANIZATION'S SOLUTIONS TEAMS AND ACCOUNTABILITY REVIEW TEAM, WHICH ARE MADE UP OF COMMUNITY BASED VOLUNTEERS.
THE HUMAN SERVICES CAMPUS OF EAST CENTRAL IOWA, A DISREGARDED ENTITY OF UNITED WAY OF EAST CENTRAL IOWA, OWNS AND OPERATES A FACILITY HOME TO SEVERAL LOCAL NONPROFIT AGENCIES FOCUSED ON PROVIDING HEALTH AND HUMAN SERVICES. THE NONPROFIT AGENCIES HOUSED IN THIS 65,000-SQUARE-FOOT BUILDING EMPLOY OVER 130 EMPLOYEES AND SERVE OVER 10,000 CLIENTS. THE FACILITY'S CONFERENCE AND TRAINING ROOMS ARE AVAILABLE FOR COMMUNITY USE, AND THE LOCATION IS CONVENIENTLY ACCESSIBLE BY CAR, BICYCLE, ON FOOT, OR VIA PUBLIC TRANSPORTATION. THE GOAL OF THIS SHARED FACILITY IS TO PROVIDE LOW-COST LEASES TO NONPROFIT AGENCIES SO THAT MORE RESOURCES CAN BE SPENT ON SERVICE DELIVERY TO CLIENTS.
DONOR DESIGNATED FUNDS: DONORS TO UNITED WAY MAY DESIGNATE CONTRIBUTIONS TO ANY QUALIFIED 501(C)(3) ORGANIZATION, INCLUDING UNITED WAY PARTNER AGENCIES AND NON-PARTNER AGENCIES. DURING THE YEAR, UNITED WAY REVIEWED, PROCEESSED AND DISTRIBUTED OVER $600 THOUSAND DOLLARS OF DONOR DESIGNATED FUNDS.
IMPACT IN THE COMMUNITY INCLUDES VOLUNTEER ENGAGEMENT TO MOBILIZE VOLUNTEERS; AND VITA (VOLUNTEER INCOME TAX ASSISTANCE) TO PROVIDE TAX PREPARATION FOR QUALIFYING INDIVIDUALS. UWECI ALIGNS COMMUNITY COLLABORATIONS THAT FOCUS ON THE PILLARS OF EDUCATION, FINANCIAL STABILITY, AND HEALTH.IN RESPONSE TO THE COVID-19 PANDEMIC AND THE 2020 DERECHO STORM DAMAGE, UWECI RESPONDED TO IMMINENT NEEDS BY CREATING THE DISASTER RECOVERY FUND. DURING THE YEAR ENDING JUNE 30, 2022, UWECI GRANTED $252,528 OF DISASTER RECOVERY FUNDS TO 501C3 ORGANIZATIONS IN UWECI'S FIVE COUNTY AREA. UWECI HAS BEEN KEY IN RECOVERY EFFORTS SUCH AS PATCH (PROVIDING ASSISTANCE TO COMMUNITY HOMEOWNERS), RENT/UTILITY ASSISTANCE PROGRAM AND LONG TERM RECOVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Roberts President/ceo | OfficerTrustee | 50 | $148,169 |
Sarah Peters Cfo/vp Fin/adm | Officer | 50 | $90,997 |
Kari Cooling Board Chair | OfficerTrustee | 1 | $0 |
Linda Mattes Former Chair | OfficerTrustee | 1 | $0 |
Ray Brown Vice Chair | OfficerTrustee | 1 | $0 |
Deb Gertsen Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,450 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,379,722 |
| Noncash contributions included in lines 1a–1f | $18,155 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,411,172 |
| Total Program Service Revenue | $438,692 |
| Investment income | $221,688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$94,715 |
| Net Income from Fundraising Events | -$20,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,956,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,069,602 |
| 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. | $295,221 |
| Compensation of current officers, directors, key employees. | $156,606 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $939,525 |
| Pension plan accruals and contributions | $41,859 |
| Other employee benefits | $50,574 |
| Payroll taxes | $88,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,861 |
| Fees for services: Other | $335,440 |
| Advertising and promotion | $16,342 |
| Office expenses | $66,091 |
| Information technology | $68,404 |
| Royalties | $0 |
| Occupancy | $489,786 |
| Travel | $25,137 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,390 |
| Interest | $0 |
| Payments to affiliates | $108,207 |
| Depreciation, depletion, and amortization | $347,264 |
| Insurance | $3,729 |
| All other expenses | $23,605 |
| Total functional expenses | $7,137,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $3,751,191 |
| Pledges and grants receivable | $1,237,248 |
| Accounts receivable, net | $402,190 |
| 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 | $60,030 |
| Net Land, buildings, and equipment | $10,362,916 |
| Investments—publicly traded securities | $2,505,175 |
| Investments—other securities | $299,222 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,473 |
| Total assets | $18,620,645 |
| Accounts payable and accrued expenses | $229,703 |
| Grants payable | $3,553,471 |
| 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 | $0 |
| Total liabilities | $3,783,174 |
| Net assets without donor restrictions | $12,784,580 |
| Net assets with donor restrictions | $2,052,891 |
| 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 | $18,620,645 |
Grants Awarded
Over the last fiscal year, United Way Of East Central Iowa has awarded $3,426,400 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Cedar Rapids, IA PURPOSE: PROGRAM SUPPORT, DISASTER RESPONSE, DONOR DESIGNATION SUPPORT | $352,066 |
Cedar Rapids, IA PURPOSE: PROGRAM SUPPORT, DISASTER RESPONSE, DONOR DESIGNATION SUPPORT | $320,002 |
Cedar Rapids, IA PURPOSE: PROGRAM SUPPORT, DISASTER RESPONSE, DONOR DESIGNATION SUPPORT | $277,716 |
Hiawatha, IA PURPOSE: PROGRAM SUPPORT, DISASTER RESPONSE, DONOR DESIGNATION SUPPORT | $270,001 |
Hiawatha, IA PURPOSE: PROGRAM SUPPORT, DISASTER RESPONSE, DONOR DESIGNATION SUPPORT | $237,601 |
Cedar Rapids, IA PURPOSE: PROGRAM SUPPORT, DISASTER RESPONSE, DONOR DESIGNATION SUPPORT | $206,159 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that United Way Of East Central Iowa has recieved totaling $14,500.
| Awarding Organization | Amount |
|---|---|
John & Barbara Knapp Charitable Foundation Cedar Rapids, IA PURPOSE: TO ENABLE ORGANIZATION TO C/O ITS CHARITABLE PURPOSE | $5,000 |
Shive-Hattery Group Charitable Contribution Fund Inc Cedar Rapids, IA PURPOSE: GENERAL OPERATING BUDGET | $5,000 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Tronvold Foundation Lakewood Ranch, FL PURPOSE: UNRESTRICTED | $1,000 |
Bryant Foundation Inc Cedar Rapids, IA PURPOSE: CHARITABLE | $1,000 |
Endowment Analysis
| Beg. Balance | $3,275,266 |
| Earnings | -$597,356 |
| Net Contributions | $142,349 |
| Grants | $15,862 |
| Ending Balance | $2,804,397 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |
Christian Community Health Center Chicago, IL | $24,875,996 | $21,223,346 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Best Buy Foundation Richfield, MN | $56,998,788 | $22,106,255 |
Winning Wheels Inc Prophetstown, IL | $11,909,541 | $13,671,140 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |