United Way Of The Cape Fear Area Inc is located in Wilmington, NC. The organization was established in 1955. 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 The Cape Fear Area 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 The Cape Fear Area 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 The Cape Fear Area Inc generated $2.1m 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 (5.3%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) 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 The Cape Fear Area Inc has awarded 242 individual grants totaling $6,812,607. 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 THE CAPE FEAR AREA WORKS WITH OUR COMMUNITY TO LEVERAGE RESOURCES AND IMPROVE THE LIVES OF LOCAL PEOPLE. UNITED WAY SERVES BRUNSWICK, COLUMBUS, NEW HANOVER AND PENDER COUNTIES. AS AN INDEPENDENT, LOCALLY OWNED AND OPERATED NONPROFIT ORGANIZATION GOVERNED BY LOCAL VOLUNTEERS, UWCFA INVESTS IN 57 LOCAL PROGRAMS AND INITIATIVES IN THE CAPE FEAR AREA THAT ADDRESS SPECIFIC COMMUNITY GOALS AIMED AT IMPROVING THE HEALTH AND WELLNESS OF INDIVIDUALS, IMPROVE FUTURES FOR CHILDREN BY IMPROVING EDUCATION OUTCOMES, AND INCREASE PEOPLE'S ABILITY TO ATTAIN AND MAINTAIN FINANCIAL STABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR COMMUNITY SERVICE EMPLOYMENT PROGRAM HAS BEEN AFFILIATED WITH THE UNITED WAY OF THE CAPE FEAR AREA FOR MORE THAN 30 YEARS. THIS FEDERALLY FUNDED PROGRAM TRAINS AND PREPARES LOW-INCOME SENIOR WORKERS (55 AND OLDER) FOR ENTRY OR RE-ENTRY INTO THE WORKFORCE.
UWCFA ENGAGES LOCAL EXPERTS FROM THE FOUR COUNTY SERVICE AREA TO ADDRESS THE MOST CRITICAL CHALLENGES THAT THE COMMUNITY FACES THAT NO ONE CAN SOLVE ALONE. FOLLOWING A THOROUGH VETTING PROCESS IN WHICH LOCAL VOLUNTEERS DETERMINE THE MOST EFFECTIVE AND EFFICIENT PROGRAMS AND INITIATIVES, DONOR GIFTS ARE STRATEGICALLY INVESTED TO ACHIEVE LONG LASTING, POSITIVE SOLUTIONS THAT CHANGE THE LIVES OF PEOPLE IN THE CAPE FEAR AREA. THROUGH COLLABORATION AND THE ABILITY TO PAIR ASSETS AND OPPORTUNITIES, THIS INTENSIVE AND COMPREHENSIVE APPROACH ENSURES RESOURCES ARE LEVERAGED IN A WAY THAT OFFERS THE GREATEST RETURN ON DONOR INVESTMENTS. THE INTENTIONAL APPROACH OF THE UWCFA GUARANTEES MEASURABLE OUTCOMES THAT ARE TRACKED AND REPORTED ON A QUARTERLY BASIS. UWCFA ALSO LEADS A COMMUNITY WIDE RESPONSE TO DISASTERS FROM HURRICANES TO PANDEMICS AND CONTINUES THE RECOVERY PROCESS UNTIL EVERY LAST FAMILY IS RESTORED TO STABILITY.
THE MARKETING AND COMMUNICATIONS PROGRAM SUPPORTS KEY FUNCTIONS WITHIN UWCFA'S STRUCTURE INCLUDING: COMMUNITY IMPACT; RESOURCE DEVELOPMENT; SENIOR AIDES; AND OTHER CRITICAL INITIATIVES IDENTIFIED BY THE COMMUNITY. UWCFA MARKETING WORKS TO BUILD AWARENESS AND VISIBILITY OF THE BRAND AS A WAY TO CONTINUALLY EDUCATE AND INFORM THE GENERAL PUBLIC ABOUT WHAT UWCFA AND IT'S MEMBER AGENCIES DO AND HOW THIS SYSTEM OF SERVICES ARE INTERTWINED IN THE COMMUNITY. UWCFA USES VISUAL AND WRITTEN COMMUNICATIONS AND AVARIETY OF DIFFERENT ADVERTISING VEHICLES INCLUDING: PRINT, DIGITAL AND SOCIAL MEDIA AVENUES.
UWCFA, A LOCAL INDEPENDENT, AUTONOMOUS 501(C)(3) NONPROFIT ORGANIZATION, IS AFFILIATED WITH UNITED WAY WORLDWIDE. TO MAINTAIN THIS MEMBERSHIP, UWCFA ADHERES TO NUMEROUS PERFORMANCE STANDARDS DESIGNED TO ENSURE GOOD VOLUNTEER GOVERNANCE, FINANCIAL ACCOUNTABILITY AND OVERALL TRANSPARENCY. THESE STANDARDS ARE INTEGRATED WITH UWCFA'S BUSINESS MODEL TO ASSURE THE USE OF EFFICIENT ADMINISTRATIVE PRACTICES THAT MAXIMIZE COMMUNITY IMPACT. COMMUNITY IMPACT IS THE MEANS BY WHICH DONORS CAN INVEST THEIR CHARITABLE GIFTS IN ADDRESSING THE COMMUNITY'S MOST CRITICAL ISSUES AND CHALLENGES AND ACTUALLY SEE MEASURABLE RESULTS OF OVER 40 LOCAL PROGRAMS AND INITIATIVES THAT ARE CHANGING LIVES. UWCFA PROVIDED YOUR COMMUNITY WITH $781,294 IN GRANTS AND ALLOCATIONS BETWEEN JULY 1ST 2021 AND JUNE 30TH 2022. EACH YEAR, OVER 600 VOLUNTEER HOURS ARE INVESTED IN MAKING SURE EACH 3-YEAR INVESTMENT PROVIDES THE BEST SOCIAL RETURN ON THE DONATION FOR THE CONTRIBUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tommy Taylor CEO | Officer | 40 | $95,000 |
Andrea Troccia Director | OfficerTrustee | 4 | $0 |
Dr Tim Markley Vice Chair | OfficerTrustee | 4 | $0 |
Judge Quintin Mcgee Secretary | OfficerTrustee | 4 | $0 |
Stacy Ankrum Treasurer | OfficerTrustee | 4 | $0 |
Dr Christopher Prentice Chair | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $816,733 |
All other contributions, gifts, grants, and similar amounts not included above | $1,191,514 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,008,247 |
Total Program Service Revenue | $0 |
Investment income | $1,496 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $63,712 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,093,133 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,090,468 |
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. | $95,000 |
Compensation of current officers, directors, key employees. | $23,750 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $371,775 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $74,791 |
Payroll taxes | $52,912 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,963 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $23,526 |
Office expenses | $24,258 |
Information technology | $42,521 |
Royalties | $0 |
Occupancy | $112,099 |
Travel | $3,658 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,706 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,163 |
Insurance | $6,132 |
All other expenses | $40,299 |
Total functional expenses | $2,601,532 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $699,424 |
Savings and temporary cash investments | $1,113,716 |
Pledges and grants receivable | $219,694 |
Accounts receivable, net | $4,953 |
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 | $32,032 |
Net Land, buildings, and equipment | $10,756 |
Investments—publicly traded securities | $449,076 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,529,651 |
Accounts payable and accrued expenses | $57,773 |
Grants payable | $648,064 |
Deferred revenue | $308,905 |
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 | $1,014,742 |
Net assets without donor restrictions | $1,026,806 |
Net assets with donor restrictions | $488,103 |
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 | $2,529,651 |
Over the last fiscal year, United Way Of The Cape Fear Area Inc has awarded $676,290 in support to 34 organizations.
Grant Recipient | Amount |
---|---|
Wilmington, NC PURPOSE: General Support | $102,000 |
Wilmington, NC PURPOSE: General Support | $42,237 |
Wilmington, NC PURPOSE: General Support | $41,911 |
Wilmington, NC PURPOSE: General Support | $36,620 |
Wilmington, NC PURPOSE: General Support | $31,770 |
Wilmington, NC PURPOSE: General Support | $31,467 |
Over the last fiscal year, we have identified 15 grants that United Way Of The Cape Fear Area Inc has recieved totaling $661,655.
Awarding Organization | Amount |
---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $234,833 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $234,833 |
Corning Incorporated Foundation Corning, NY PURPOSE: COMMUNITY IMPACT PROGRAM | $55,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $39,454 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $34,793 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
United Way Of The Piedmont Inc Spartanburg, SC | $4,093,923 | $15,798,807 |
Bluecross Blueshield Of South Carolina Foundation Columbia, SC | $340,633,924 | $51,086,800 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
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 Midlands Columbia, SC | $21,822,205 | $12,356,591 |
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 Greenville County Incorporated Greenville, SC | $26,398,141 | $12,601,521 |
Heritage Classic Foundation Hilton Head Island, SC | $10,740,368 | $11,355,325 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |