United Way Of The Cape Fear Area Inc
- Assets
- $1.9m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 90
- Location
- Wilmington, NC
- Founding
- 05/1955
- Data as of
- 06/2024
- EIN
- 56-0529949
Organization Overview
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 06/2024, United Way Of The Cape Fear Area Inc employed 90 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 06/2024, United Way Of The Cape Fear Area Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $3.4m during the year ending 06/2024. While expenses have increased by 0.7% per year over the past 8 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 2015, United Way Of The Cape Fear Area Inc has awarded 326 individual grants totaling $9,321,418. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
47,636 LIVES IMPACTED BY INVESTING $3,202,315 IN 71 LOCAL PROGRAMS. OUR VISION IS A UNITED COMMUNITY THAT IS HEALTHY, SAFE AND PROSPEROUS FOR EVERYONE. UNITED WAY OF THE CAPE FEAR AREA (UWCFA) SERVES BRUNSWICK, COLUMBUS, NEW HANOVER AND PENDER COUNTIES. AS AN INDEPENDENT, LOCALLY OWNED AND OPERATED NONPROFIT UWCFA CUSTOMIZES PROGRAM INVESTMENTS TO ADDRESS THE MOST CRITICAL NEEDS OF OUR COMMUNITY. EACH YEAR, OUR TEAMS OF LOCAL VOLUNTEERS DETERMINE THE BEST SOCIAL RETURN ON INVESTMENTS OF TIME, TREASURE AND TALENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR COMMUNITY SERVICE EMPLOYMENT PROGRAM (SCSEP) 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.
THE MARKETING AND COMMUNICATIONS PROGRAM SUPPORTS KEY FUNCTIONS WITHIN UWCFA'S STRUCTURE INCLUDING: COMMUNITY IMPACT; RESOURCE DEVELOPMENT; SCSEP; 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 A VARIETY 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 71 LOCAL PROGRAMS AND INITIATIVES THAT ARE CHANGING LIVES. UWCFA PROVIDED YOUR COMMUNITY WITH $3,202,315 IN GRANTS AND ALLOCATIONS BETWEEN JULY 1ST 2023 AND JUNE 30TH 2024. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Almeter Chair | OfficerTrustee | 4 | $0 |
Doug Foreman Vice Chair | OfficerTrustee | 4 | $0 |
Nicole Haverly Treasurer | OfficerTrustee | 4 | $0 |
Judge Quintin Mcgee Director | Trustee | 4 | $0 |
Pam Hardy Director | Trustee | 4 | $0 |
Mona Badie Director | Trustee | 4 | $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 | $2,936,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,936,552 |
| Total Program Service Revenue | $0 |
| Investment income | $31,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $100,918 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,179,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $710,112 |
| 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. | $99,750 |
| Compensation of current officers, directors, key employees. | $36,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,795 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,173 |
| Payroll taxes | $48,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,171 |
| Office expenses | $77,075 |
| Information technology | $61,951 |
| Royalties | $0 |
| Occupancy | $72,667 |
| Travel | $6,561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,510 |
| Interest | $0 |
| Payments to affiliates | $19,458 |
| Depreciation, depletion, and amortization | $1,586 |
| Insurance | $8,641 |
| All other expenses | $25,936 |
| Total functional expenses | $3,408,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,310 |
| Savings and temporary cash investments | $630,885 |
| Pledges and grants receivable | $202,050 |
| Accounts receivable, net | $22,895 |
| 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 | $18,627 |
| Net Land, buildings, and equipment | $6,048 |
| Investments—publicly traded securities | $589,321 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,634 |
| Total assets | $1,877,770 |
| Accounts payable and accrued expenses | $53,376 |
| Grants payable | $560,237 |
| Deferred revenue | $88,242 |
| 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 | $143,488 |
| Total liabilities | $845,343 |
| Net assets without donor restrictions | $430,171 |
| Net assets with donor restrictions | $602,256 |
| 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 | $1,877,770 |
Grants Awarded
Over the last fiscal year, United Way Of The Cape Fear Area Inc has awarded $514,968 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
BRUNSWICK COUNTY LITERACY COUNCIL PURPOSE: General Support | $7,500 |
BRUNSWICK FAMILY ASSISTANCE PURPOSE: General Support | $15,104 |
AMERICAN RED CROSS CAPE FEAR CHAPTER PURPOSE: General Support | $7,163 |
CAPE FEAR HEALTH NET PURPOSE: General Support | $70,000 |
CAPE FEAR LITERARY COUNCIL PURPOSE: General Support | $10,384 |
CHILD DEVELOPMENT CENER PURPOSE: General Support | $20,300 |