United Way Of Henry County & Martinsville Inc
- Assets
- $1.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Martinsville, VA
- Founding
- 09/1964
- Data as of
- 12/2021
- EIN
- 54-0753318
Organization Overview
United Way Of Henry County & Martinsville Inc is located in Martinsville, VA. 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 12/2021, United Way Of Henry County & Martinsville Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Henry County & Martinsville 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 12/2021, United Way Of Henry County & Martinsville Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 13.0% per year over the past 7 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 2017, United Way Of Henry County & Martinsville Inc has awarded 88 individual grants totaling $1,611,860. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNITED WAY OF HENRY COUNTY & MARTINSVILLE UNITES AND MOBILIZES THE COMMUNITY IN ASSESSING AND MEETING THE CRITICAL HUMAN SERVICE NEEDS IN MARTINSVILLE-HENRY COUNTY, VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATIONS TO CHARITIES THROUGHOUT THE MARTINSVILLE-HENRY COUNTY AREA.
VARIOUS EXPENSE ALLOCATIONS TO PROGRAM SERVICES NECESSARYTO ADMINISTER FUNDS TO SUPPORT AGENCIES THROUGHOUT THEHENRY COUNTY - MARTINSVILLE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Wenkstern Executive Director | OfficerTrustee | 40 | $62,416 |
Donna Morrison 1st Vice Pres/campaign Chairman | OfficerTrustee | 1 | $0 |
Sebrena Smith Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jonathan Hartsock 2nd Vice President/co-Campaign Chair | OfficerTrustee | 1 | $0 |
Karen Burgess President | OfficerTrustee | 1 | $0 |
Mark Mccaskill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $522,926 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $121,155 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,410,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,054,636 |
| Total Program Service Revenue | $0 |
| Investment income | $10,920 |
| 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 | $2,065,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $685,510 |
| 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. | $73,000 |
| Compensation of current officers, directors, key employees. | $18,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,109 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,902 |
| Payroll taxes | $7,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,194 |
| Information technology | $2,057 |
| Royalties | $0 |
| Occupancy | $12,382 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $13,205 |
| Depreciation, depletion, and amortization | $145 |
| Insurance | $2,866 |
| All other expenses | $2,125 |
| Total functional expenses | $1,999,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,106,064 |
| Pledges and grants receivable | $234,782 |
| Accounts receivable, net | $315 |
| 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 | $8,817 |
| Net Land, buildings, and equipment | $43 |
| Investments—publicly traded securities | $70,820 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,420,841 |
| Accounts payable and accrued expenses | $16,340 |
| Grants payable | $0 |
| Deferred revenue | $90,931 |
| 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 | $79,249 |
| Total liabilities | $186,520 |
| Net assets without donor restrictions | $1,025,742 |
| Net assets with donor restrictions | $208,579 |
| 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 | $1,420,841 |
Grants Awarded
Over the last fiscal year, United Way Of Henry County & Martinsville Inc has awarded $225,639 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: ALLOCATIONS | $23,448 |
Martinsville, VA PURPOSE: ALLOCATIONS | $22,617 |
Martinsville, VA PURPOSE: ALLOCATIONS | $22,059 |
Martinsville, VA PURPOSE: ALLOCATIONS | $19,616 |
Martinsville, VA PURPOSE: ALLOCATIONS | $17,951 |
Collinsville, VA PURPOSE: ALLOCATIONS | $15,128 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that United Way Of Henry County & Martinsville Inc has recieved totaling $223,047.
| Awarding Organization | Amount |
|---|---|
United Way Of Roanoke Valley Inc Roanoke, VA PURPOSE: EARLY LEARNING PROGRAM FEES AND DONOR DESIGNATION PAYMENTS | $107,657 |
Virginia Early Childhood Foundation Henrico, VA PURPOSE: CHILDHOOD/EDUCATIONAL DEVELOPMENT | $78,335 |
Community Foundation Serving Western Virginia Roanoke, VA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $14,000 |
Virginia Community Action Partnership Richmond, VA PURPOSE: Earned Income Tax Credit Initiative | $12,000 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $10,000 |
The Irving And Jett Groves Charitable Foundation Martinsville, VA PURPOSE: GENERAL OPERATING | $1,000 |
Endowment Analysis
| Beg. Balance | $60,801 |
| Earnings | $10,020 |
| Ending Balance | $70,821 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
Association For Enterprise Opportun Ity Inc Washington, DC | $11,965,213 | $13,346,284 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
Associated Black Charities Inc Baltimore, MD | $5,817,793 | $15,343,076 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of Greater Knoxville Inc Knoxville, TN | $44,188,764 | $10,173,426 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of The Mid-South Memphis, TN | $15,939,575 | $10,736,980 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
Tidewater Jewish Foundation Inc Virginia Beach, VA | $49,573,361 | $8,475,302 |
United Way Of Greater Greensboro Inc Greensboro, NC | $24,991,408 | $6,519,162 |