United Way Of Davidson County Inc
- Assets
- $1.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Lexington, NC
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 56-1847133
Organization Overview
United Way Of Davidson County Inc is located in Lexington, NC. The organization was established in 1994. 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 Davidson County Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Davidson County 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 Davidson County Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of Davidson County Inc has awarded 222 individual grants totaling $6,451,536. 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
DISTRIBUTE FUNDS TO OTHER TAX EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATIONS TO OTHER NONPROFITS AND PARTNER AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristie Hege President | Officer | 40 | $67,500 |
John Clowney Board Chair | OfficerTrustee | 1 | $0 |
Jodi Hunt Vice Chair | OfficerTrustee | 1 | $0 |
Elizabeth Inabinett Fund Distribution Chair | OfficerTrustee | 1 | $0 |
Marc Monson Campaign Chair | OfficerTrustee | 1 | $0 |
Walter Hoffman Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,470 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,325,959 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,360,429 |
| Total Program Service Revenue | $0 |
| Investment income | $1,985 |
| 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 | $1,364,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $791,139 |
| 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. | $67,500 |
| Compensation of current officers, directors, key employees. | $37,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,108 |
| Pension plan accruals and contributions | $7,632 |
| Other employee benefits | $3,900 |
| Payroll taxes | $11,266 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,617 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $302 |
| Office expenses | $4,118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,400 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $111 |
| Insurance | $3,048 |
| All other expenses | $15,284 |
| Total functional expenses | $1,087,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $926,920 |
| Pledges and grants receivable | $825,032 |
| Accounts receivable, net | $387 |
| 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 | $675 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,753,014 |
| Accounts payable and accrued expenses | $76,454 |
| 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 | $0 |
| Total liabilities | $76,454 |
| Net assets without donor restrictions | $754,564 |
| Net assets with donor restrictions | $921,996 |
| 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 | $1,753,014 |
Grants Awarded
Over the last fiscal year, United Way Of Davidson County Inc has awarded $784,548 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, NC PURPOSE: Provides crisis intervention including shelter and other domestic violence and sexual assault services; provides counseling services to at-risk children and families; in-home counseling services. | $157,243 |
Lexington, NC PURPOSE: Provides prescription drugs/dental services and basic medical treatment to indigent/un-insured/under-insured. | $74,091 |
SALVATION ARMY PURPOSE: Provides financial assistance to those in need for rent, utilities, prescriptions, food and clothing, heating fuel and household items. Soup kitchen provides meals 5 days a week to needy. | $43,365 |
SALVATION ARMY - BOYS & GIRLS CLUB PURPOSE: Offers prevention oriented programs for needy youth after school, evenings and during the summer. | $41,500 |
Lexington, NC PURPOSE: Non-profit food pantry that provides monthly groceries for needy senior adults age 60 and older. | $39,703 |
Lexington, NC PURPOSE: Provides vocational and life skills training for individuals with intellectual and developmental disabilities. | $39,392 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that United Way Of Davidson County Inc has recieved totaling $44,092.
| Awarding Organization | Amount |
|---|---|
Mohawk Carpet Foundation Inc Kennesaw, GA PURPOSE: COMMUNITY SUPPORT | $25,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $8,538 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $6,750 |
Project 58 Lexington, NC PURPOSE: CHARITABLE | $2,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $604 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $150 |
Peer Organizations
| 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 |