United Way Of Southern Wv Inc
- Assets
- $860.3k
- Revenue
- $821.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Beckley, WV
- Founding
- 08/1965
- Data as of
- 12/2022
- EIN
- 55-0562858
Organization Overview
United Way Of Southern Wv Inc is located in Beckley, WV. The organization was established in 1965. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Southern WV 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 Southern WV Inc generated $821.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $818.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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 Southern WV Inc has awarded 165 individual grants totaling $2,361,687. 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 IS WORKING TO ADVANCE THE COMMON GOOD BY FOCUSING ON EDUCATION, INCOME AND HEALTH. THESE ARE THE BUILDING BLOCKS FOR A GOOD LIFE - A QUALITY EDUCATION THAT LEADS TO A STABLE JOB, ENOUGH INCOME TO SUPPORT A FAMILY THROUGH RETIREMENT AND GOOD HEALTH. OUR GOAL IS TO CREATE REAL LONG LASTING CHANGE THAT PREVENTS PROBLEMS FROM HAPPENING IN THE FIRST PLACE. TOGETHER,UNITED, WE CAN ASPIRE HOPE AND CREATE OPPORTUNITIES FOR A BETTER TOMORROW. TO SOLICIT FUNDS AND PROPERTY FOR SUCH AGENCIES TO ACQUIRE BY GIFT,LEGACY, DEVISE, PURCHASE OR OTHERWISE PROPERTY OF EVERY KIND AND NATURE, BOTH REAL AND PERSONAL FOR SUCH AGENCIES TO LEASE, MORTGAGE, PLEDGE SELL CONVEY OR OTHERWISE DISPOSE OF SUCH PROPERTY. TO INVEST AND EXPEND FUNDS, AND TO DISTRIBUTE FUNDS TO SUCH AGENCIES. TO CREATE A MORE GENERAL INTEREST IN THE SERVICE OF SUCH AGENCIES AND IN THE UNIFIED APPEAL PLAN. TO DO ALL ACTS AND THINGS NECESSARY, CONVENIENT, OR EXPEDIENT TO CARRY OUT THE ABOVE MENTIONED PURPOSE
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITED WAY MAKES ALLOCATION/SUPPORT PAYMENTS TO A VARITY OF NON PROFIT AGENCIES IN RALEIGH, NICHOLAS, SUMMERS, WYOMING, FAYETTE, MCDOWELL AND MERCER COUNTIES IN SOUTHERN WEST VIRGINIA AND THE TOWN OF BLUEFIELD VIRGINIA. IT ALSO PROVIDES DIRECT ASSISTANCE TO INDIVIDUALS THROUGH ITS INTERNALLY MANAGED LITERACY PROGRAM, 2-1-1 SOCIAL SERVICES AND INFORMATIONAL HOTLINE, FEEDING INITIATIVE, PREGANCY EDUCATION, AND EQUAL FOOTING SHOE PROGRAM.DURING THE 2016 YEAR THE ORGANIZATION ENTERED IN TO CERTAIN FISCAL SPONSERSHIP ARRANGEMENTS WITH NON INCORPORATED ENTITIES WHICH WERE ESTABLISHED IN ORDER TO PROVIDE ELEMENTS OF RELEIF TO CERTAIN FLOOD REVAGED AREAS, SPECIFICALLY FAYETTE AND NICHOLAS COUNTIES IN SOUTHERN AND CENTRAL WEST VIRGINIA. AS AN INTERNAL PROGRAM THE ORGANIZATION OPERATED SIMILAR RELIEF ACTIVITIES IN THE SOUTHERN WEST VIRGINIA COUNTY OF RALEIGH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Copenhaver Board Member | Trustee | 0.5 | $0 |
Rachel Cornett VP | OfficerTrustee | 0.5 | $0 |
Todd Cornet Board Member | Trustee | 0.5 | $0 |
Deb Evans Board Member | Trustee | 0.5 | $0 |
Karen Wing Vice Chair Finance | OfficerTrustee | 0.5 | $0 |
Jonathon Grose Vice Chairman | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $509,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $509,677 |
| Total Program Service Revenue | $0 |
| Investment income | $52 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $311,637 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $821,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $453,145 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,962 |
| Pension plan accruals and contributions | $2,929 |
| Other employee benefits | $0 |
| Payroll taxes | $13,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $131,214 |
| Office expenses | $20,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,214 |
| Travel | $2,088 |
| 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 | $1,306 |
| Depreciation, depletion, and amortization | $10,244 |
| Insurance | $5,344 |
| All other expenses | $0 |
| Total functional expenses | $818,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,532 |
| Savings and temporary cash investments | $22,979 |
| Pledges and grants receivable | $13,775 |
| 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 | $218,053 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,974 |
| Total assets | $860,313 |
| Accounts payable and accrued expenses | $273,800 |
| Grants payable | $0 |
| 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 | $3,876 |
| Total liabilities | $277,676 |
| Net assets without donor restrictions | $541,845 |
| Net assets with donor restrictions | $40,792 |
| 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 | $860,313 |
Grants Awarded
Over the last fiscal year, United Way Of Southern Wv Inc has awarded $163,875 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRIANS SAFE HOUSE PURPOSE: NORMAL OPERATIONS | $17,500 |
CHILD PROTECT OF MERCER COUNTY PURPOSE: NORMAL OPERATIONS | $8,400 |
BECKLEY DREAM CENTER PURPOSE: NORMAL OPERATIONS | $17,500 |
BLAND MINISTRIES CENTER & DENTAL CENTER PURPOSE: NORMAL OPERATIONS | $7,000 |
BECKLEY HEALTH RIGHT PURPOSE: NORMAL OPERATIONS | $17,500 |
DAVIS STUART INC PURPOSE: NORMAL OPERATIONS | $5,250 |