United Way Of Midland Inc
- Assets
- $9.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Midland, TX
- Founding
- 01/1955
- Data as of
- 12/2023
- EIN
- 75-0945926
Organization Overview
United Way Of Midland Inc is located in Midland, TX. The organization was established in 1955. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, United Way Of Midland Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Midland 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 12/2023, United Way Of Midland Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2013, United Way Of Midland Inc has awarded 330 individual grants totaling $20,410,350. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE IN MIDLAND BY UNITING COMMUNITY RESOURCES WITH IDENTIFIED NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY IMPACT: UNITED WAY OF MIDLAND POSITIVELY IMPACTS THE COMMUNITY BY WORKING WITH OTHER ORGANIZATIONS TO IDENTIFY OUR COMMUNITY'S MOST PRESSING HEALTH, EDUCATION AND SELF-SUFFICIENCY NEEDS AND THEN ALLOCATES FUNDS TO LOCAL NON-PROFIT ORGANIZATIONS WITH PROGRAMS THAT ARE MAKING A MEASURABLE DIFFERENCE IN ADDRESSING THOSE NEEDS. WE ACCOMPLISH THIS THROUGH:- ASSESSING THE NEEDS OF THE COMMUNITY- ADVOCATING FOR SELECTED PUBLIC POLICIES- REVIEWING FUNDING APPLICATIONS SUBMITTED UNDER IDENTIFIED AREAS OF NEED- ALLOCATING FUNDS TO APPROVED PROGRAMS- FUNDING OF NEW AND SPECIAL COMMUNITY INITIATIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Boehler Director | Trustee | 2 | $0 |
Guy Ellis Director | Trustee | 2 | $0 |
Matt Etheredge Director | Trustee | 2 | $0 |
Brock Fitch Director | Trustee | 2 | $0 |
Angela Joiner Director | Trustee | 2 | $0 |
Sarah Judge Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $170,300 |
| Related organizations | $0 |
| Government grants | $106,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,543,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,820,248 |
| Total Program Service Revenue | $0 |
| Investment income | $270,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $48,236 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $111,085 |
| Net Income from Fundraising Events | $88,778 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,343,122 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,057,222 |
| 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. | $231,456 |
| Compensation of current officers, directors, key employees. | $29,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $363,515 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,916 |
| Payroll taxes | $42,824 |
| Fees for services: Management | $1,619 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,469 |
| Fees for services: Other | $775 |
| Advertising and promotion | $0 |
| Office expenses | $6,367 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,536 |
| Travel | $8,135 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,299 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,517 |
| Insurance | $20,539 |
| All other expenses | $11,333 |
| Total functional expenses | $2,123,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,011 |
| Savings and temporary cash investments | $1,430,199 |
| Pledges and grants receivable | $58,228 |
| 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 | $19,829 |
| Net Land, buildings, and equipment | $200,972 |
| Investments—publicly traded securities | $6,222,367 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $590,518 |
| Total assets | $9,019,124 |
| Accounts payable and accrued expenses | $2,295 |
| Grants payable | $837,857 |
| 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 | $840,152 |
| Net assets without donor restrictions | $7,678,972 |
| Net assets with donor restrictions | $500,000 |
| 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 | $9,019,124 |
Grants Awarded
Over the last fiscal year, United Way Of Midland Inc has awarded $1,077,496 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS OF THE PERMIAN BASIN AREA PURPOSE: PROGRAM SUPPORT | $15,000 |
BASIN DREAM CENTER FOR ORPHANS PURPOSE: PROGRAM SUPPORT | $25,000 |
BOY & GIRLS CLUB OF MIDLAND PURPOSE: PROGRAM SUPPORT | $101,507 |
BYNUM SCHOOL PURPOSE: PROGRAM SUPPORT | $46,554 |
CASA DE AMIGOS PURPOSE: PROGRAM SUPPORT | $144,155 |
CENTERS FOR CHILDREN AND FAMILIES PURPOSE: PROGRAM SUPPORT | $107,688 |