Valdez United Way
- Assets
- $458.8k
- Revenue
- $89.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Valdez, AK
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 92-0090499
Organization Overview
Valdez United Way is located in Valdez, AK. The organization was established in 1984. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valdez United Way 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, Valdez United Way generated $89.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $99.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Valdez United Way has awarded 78 individual grants totaling $1,231,467. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALDEZ CITIZEN INVOLVEMENT - MOBILIZE AND STIMULATE THE INTEREST AND PARTICIPATION OF THE CITIZENS OF THE VALDEZ AREA ON BEHALF OF WORTHY EDUCATIONAL, HEALTH AND WELFARE AND YOUTH ORGANIZATIONS, WHETHER LOCAL, REGIONAL, OR NATIONAL; TO STIMULATE LOCAL PUBLIC INTEREST IN SOCIAL SERVICE AND HEALTH, CITIZENSHIP, AND MORAL TRAINING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rowena Palomar Secretary | OfficerTrustee | 0 | $0 |
Chris Sasse Treasurer | OfficerTrustee | 0 | $0 |
Kent Brown Vice President | OfficerTrustee | 0 | $0 |
Sandra Johns President | OfficerTrustee | 0 | $0 |
Kim Keller Board Member | Trustee | 0 | $0 |
Tyrell Johnson Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $87,308 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,308 |
| Total Program Service Revenue | $0 |
| Investment income | $2,091 |
| 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 | $89,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,080 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,516 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,480 |
| 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 | $0 |
| Insurance | $1,495 |
| All other expenses | $1,905 |
| Total functional expenses | $99,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,442 |
| Savings and temporary cash investments | $230,698 |
| Pledges and grants receivable | $48,696 |
| 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 | $0 |
| 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 | $458,836 |
| Accounts payable and accrued expenses | $135,826 |
| 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 | $135,826 |
| Net assets without donor restrictions | $323,010 |
| Net assets with donor restrictions | $0 |
| 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 | $458,836 |
Grants Awarded
Over the last fiscal year, Valdez United Way has awarded $56,966 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Valdez, AK PURPOSE: Program Funding | $18,835 |
Valdez, AK PURPOSE: Program Funding | $14,885 |
Valdez, AK PURPOSE: Program Funding | $12,760 |
Cordova, AK PURPOSE: Program Funding | $5,400 |
Valdez, AK PURPOSE: Program Funding | $5,086 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valdez United Way has recieved totaling $81.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Federation Of Greater Seattle Seattle, WA | $93,924,162 | $8,143,793 |
United Way Of Pierce County Tacoma, WA | $15,711,259 | $8,056,312 |
Auburn Food Bank Auburn, WA | $1,209,621 | $5,152,284 |
United Way Of Snohomish County Everett, WA | $7,341,507 | $2,615,993 |
United Way Of Thurston County Olympia, WA | $1,540,765 | $3,915,686 |
Seattle Times Fund For The Needy Seattle, WA | $186,445 | $3,430,305 |
United Way Of Spokane County Spokane, WA | $3,101,889 | $3,832,566 |
United Way Of Benton & Franklin Counties Kennewick, WA | $7,115,808 | $3,677,949 |
United Way Of Whatcom County Bellingham, WA | $2,635,065 | $1,567,405 |
United Way Of Kitsap County Bremerton, WA | $3,853,836 | $1,179,576 |
The Oki Foundation Bellevue, WA | $177,398 | $1,312,901 |
Yakima Rotary Trust Yakima, WA | $3,020,679 | $1,711,378 |