United Way Of The Greater Triangle Inc
- Assets
- $9.0m
- Revenue
- $10.7m
- Investments
- $210.7k
- Employees
- 31
- Location
- Durham, NC
- Founding
- 05/1996
- Data as of
- 06/2022
- EIN
- 56-1949103
Organization Overview
United Way Of The Greater Triangle Inc is located in Durham, NC. The organization was established in 1996. 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 Greater Triangle Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of The Greater Triangle 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 Greater Triangle Inc generated $10.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $12.7m during the year ending 06/2022. While expenses have increased by 7.1% 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 2019, United Way Of The Greater Triangle Inc has awarded 596 individual grants totaling $24,681,256. 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
TO ERADICATE POVERTY AND INCREASE SOCIAL MOBILITY THROUGH THE POWER OF PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY INVESTMENT - FUNDS ALLOCATED FOR DISTRIBUTION TO VARIOUS AGENCIES AND PROGRAMS BASED ON NEED AND OTHER CRITERIA DEEMED APPROPRIATE BY THE BOARD OF DIRECTORS. PLEASE VISIT WWW.UNITEDWAYTRIANGLE.ORG FOR MORE INFORMATION ABOUT FUNDED PARTNERS AND THE RESULTS AND IMPACT OF OUR WORK TOGETHER.
COMMUNITY IMPACT - FUNDS RAISED AND DESIGNATED FOR OTHER NON-PROFITS IN THE COMMUNITY, EXAMINING NEEDS IN EACH COUNTY AND DETERMINING HOW ORGANIZATION RESOURCES CAN BE MAXIMIZED TO ACHIEVE MEASURABLE RESULTS.
DIRECT SERVICES - ACTIVITIES THAT DELIVER SERVICES FUNDED BY OTHER SOURCES OTHER THAN THE ANNUAL CAMPAIGN. UNITED WAY 2-1-1: A COMMUNITY HUMAN SERVICES INFORMATION AND REFERRAL SERVICE WHICH LINKS INDIVIDUALS IN NEED OF SERVICES TO THOSE AVAILABLE SERVICES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Guckian President And CEO | Officer | 40 | $301,894 |
David Mills CFO | Officer | 40 | $63,892 |
Autrice Campbell Long Secretary | OfficerTrustee | 2 | $0 |
Byron Kirkland Chair | OfficerTrustee | 2 | $0 |
Greg Winkler Past Chair | OfficerTrustee | 2 | $0 |
Linda Shropshire-Eudy Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $398,457 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,195,109 |
| Noncash contributions included in lines 1a–1f | $128,592 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,593,566 |
| Total Program Service Revenue | $5,258 |
| Investment income | $7,090 |
| 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 | $10,685,118 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,417,823 |
| 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. | $465,777 |
| Compensation of current officers, directors, key employees. | $231,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,689,746 |
| Pension plan accruals and contributions | $55,909 |
| Other employee benefits | $205,718 |
| Payroll taxes | $152,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,051 |
| Fees for services: Accounting | $40,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $798,137 |
| Advertising and promotion | $84,465 |
| Office expenses | $93,617 |
| Information technology | $151,895 |
| Royalties | $0 |
| Occupancy | $84,003 |
| Travel | $15,285 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $121,402 |
| Interest | $225 |
| Payments to affiliates | $171,708 |
| Depreciation, depletion, and amortization | $99,512 |
| Insurance | $11,172 |
| All other expenses | $28,693 |
| Total functional expenses | $12,711,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450 |
| Savings and temporary cash investments | $4,569,679 |
| Pledges and grants receivable | $3,636,798 |
| Accounts receivable, net | $285,174 |
| 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 | $64,066 |
| Net Land, buildings, and equipment | $221,881 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $210,745 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,988,793 |
| Accounts payable and accrued expenses | $690,756 |
| Grants payable | $4,486,423 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,743 |
| 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 | $683,914 |
| Total liabilities | $5,868,836 |
| Net assets without donor restrictions | $2,782,420 |
| Net assets with donor restrictions | $337,537 |
| 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 | $8,988,793 |
Grants Awarded
Over the last fiscal year, United Way Of The Greater Triangle Inc has awarded $6,795,157 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, NC PURPOSE: GENERAL SUPPORT | $332,500 |
Raleigh, NC PURPOSE: GENERAL SUPPORT | $225,643 |
Chapel Hill, NC PURPOSE: GENERAL SUPPORT | $199,134 |
Durham, NC PURPOSE: GENERAL SUPPORT | $185,806 |
Cary, NC PURPOSE: GENERAL SUPPORT | $174,134 |
Durham, NC PURPOSE: GENERAL SUPPORT | $144,134 |
Grants Recieved
Over the last fiscal year, we have identified 56 grants that United Way Of The Greater Triangle Inc has recieved totaling $5,112,939.
| Awarding Organization | Amount |
|---|---|
Novo Foundation Kingston, NY PURPOSE: GENERAL SUPPORT | $2,250,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $284,581 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $284,581 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $254,320 |
F M Kirby Foundation Inc Morristown, NJ PURPOSE: FOR: ORANGE AND DURHAM COUNTIES COLLABORATIVE PARTNERSHIP SUPPORT-$150,000; FOR THE 10 TO WATCH INITIATIVE-$50,000; FOR THE ANTI-RACISM COMMUNITY FUND-$50,000 | $250,000 |
Novo Foundation Kingston, NY PURPOSE: GENERAL SUPPORT | $250,000 |
Endowment Analysis
| Beg. Balance | $185,197 |
| Ending Balance | $185,197 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Federation Of Greater Atlanta Inc Atlanta, GA | $335,156,066 | $46,977,032 |
United Way Of Middle Tennessee Inc Nashville, TN | $71,875,939 | $59,642,100 |
Americas Charities Chantilly, VA | $19,664,098 | $37,274,660 |
United Way Of South Hampton Roads Norfolk, VA | $66,003,873 | $28,678,324 |
United Way Of The National Capital Area Vienna, VA | $52,010,356 | $25,572,571 |
United Way Of Greater Richmond Richmond, VA | $16,886,120 | $22,666,995 |
United Way Of Greater Charlotte Charlotte, NC | $28,665,296 | $24,251,139 |
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 |