United Way Of Anchorage
- Assets
- $14.2m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 62
- Location
- Anchorage, AK
- Founding
- 11/1961
- Data as of
- 06/2022
- EIN
- 92-0027948
Organization Overview
United Way Of Anchorage is located in Anchorage, AK. The organization was established in 1961. 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 Anchorage employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Anchorage 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 Anchorage generated $13.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $16.2m during the year ending 06/2022. While expenses have increased by 10.0% 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 2015, United Way Of Anchorage has awarded 576 individual grants totaling $24,884,594. 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 ANCHORAGE CREATES PATHWAYS TO A BETTER LIFE FOR ALL BY DRIVING MEASURABLE CHANGES IN THE AREAS OF EDUCATION INCOME AND HEALTH THE BUILDING BLOCKS OF A GOOD LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY - UNITED WAY OF ANCHORAGE ENGAGES IN A VARIETY OF ACTIVITIES AIMED AT FOSTERING COLLABORATION TO ACHIEVE SHARED COMMON GOALS AND DERIVE MEASURABLE IMPROVEMENTS FOR THE ANCHORAGE COMMUNITY.
EDUCATION - UNITED WAY LEADS PARTNERSHIPS THAT STRATEGICALLY SUPPORT THE MOST AT-RISK STUDENTS IN THE ANCHORAGE COMMUNITY.
INCOME AND HEALTH - UNITED WAY IS WORKING WITH PARTNERS ACROSS ALL SECTORS OF THE ANCHORAGE COMMUNITY DEVELOPING AND IMPLEMENTING PROGRAMS WITH THE GOAL BEING THAT ALL ANCHORAGE RESIDENTS ARE HOUSED FINANCIALLY STABLE AND HAVE THE OPPORTUNITY TO INCREASE THEIR INCOME AND SAVE FOR THEIR FUTURE. WHEN INDIVIDUALS OR FAMILIES ARE IN FINANCIALLY PRECARIOUS POSITIONS THEIR HEALTH IS IMPACTED AS WELL AS THEIR OPPORTUNITIES - BEING UNABLE TO AFFORD HEALTHCARE OR EDUCATION OPTIONS THAT COULD ADVANCE THEIR CAREER CAN KEEP THEM FROM ACHIEVING FINANCIAL STABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Halvorson CEO | Officer | 37.5 | $173,564 |
Sue Brogan COO | Officer | 37.5 | $97,833 |
Rachel Morse Svo | Officer | 37.5 | $33,000 |
Frederick Miller CFO | Officer | 37.5 | $4,384 |
William Falsey Chair | Officer | 2 | $0 |
Alexandra Mckay Vice Chair | Officer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alaska Hospitality Retailers Homelessness Initiatives | 6/29/22 | $2,132,080 |
Alaska Childrens Trust Homelessness Initiatives | 6/29/22 | $112,500 |
Choices Inc Homelessness Initiatives | 6/29/22 | $458,158 |
Southcentral Foundation Homelessness Initiatives | 6/29/22 | $661,103 |
Alaska Behavioral Health Homelessness Initiatives | 6/29/22 | $173,395 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,517,829 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,314,081 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,909,012 |
| Total Program Service Revenue | $1,025,436 |
| Investment income | $95,966 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $54,378 |
| Net Gain/Loss on Asset Sales | -$842,676 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $54,745 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,296,861 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,824,878 |
| 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. | $3,081,762 |
| Compensation of current officers, directors, key employees. | $1,443,369 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $464,021 |
| Payroll taxes | $235,755 |
| Fees for services: Management | $1,926,761 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,240 |
| Fees for services: Other | $0 |
| Advertising and promotion | $454,902 |
| Office expenses | $77,724 |
| Information technology | $51,907 |
| Royalties | $0 |
| Occupancy | $274,556 |
| Travel | $12,268 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,508 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,424 |
| Insurance | $36,646 |
| All other expenses | $359,797 |
| Total functional expenses | $16,171,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,240,693 |
| Savings and temporary cash investments | $741,107 |
| Pledges and grants receivable | $2,819,139 |
| Accounts receivable, net | $541,044 |
| 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 | $250,606 |
| Net Land, buildings, and equipment | $1,378,094 |
| Investments—publicly traded securities | $5,193,102 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,163,785 |
| Accounts payable and accrued expenses | $1,778,620 |
| Grants payable | $1,697,524 |
| Deferred revenue | $1,971,239 |
| 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 | $606,758 |
| Total liabilities | $6,054,141 |
| Net assets without donor restrictions | $4,248,201 |
| Net assets with donor restrictions | $3,861,443 |
| 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 | $14,163,785 |
Grants Awarded
Over the last fiscal year, United Way Of Anchorage has awarded $811,058 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ABUSED WOMEN IN CRISIS PURPOSE: Domestic Violence Prevention Emergency Shelther & Housing | $48,113 |
BEANS CAFE PURPOSE: Hunger | $13,879 |
BOYS & GIRLS CLUBS OF SC AK PURPOSE: Kid's Programs | $69,395 |
CAMP FIRE USA ALASKA COUNCIL PURPOSE: Family Strengthing | $87,900 |
CATHOLIC SOCIAL SERVICES PURPOSE: Homeless Family Services | $48,754 |
COVENANT HOUSE ALASKA PURPOSE: Crisis Center | $29,377 |