CONDENSED FINANCIAL STATEMENTS FOR YEAR ENDING JUNE 30, 2017
Statement of Financial Position Assets Cash and investments Pledges receivable Other assets Property and equipment Total Assets Liabilities and Net Assets Liabilities Accounts payable Designations payable Grants payable Other liabilities Total Liabilities Net Assets Unrestricted net assets Temporarily restricted net assets Permanently restricted net assets Total Net Assets Total Liabilities and Net Assets
Statementof Activities Public Support Pledges $2,637,048 $4,168,132 Less donor designations (434,984) 1,044,405 Less provision for uncollectible pledges (108,285) 116,532 366,393 Other Revenue 152,724 $5,695,462 Investment Income 197,430 Total Public Support and Other Revenue 2,443,933 Program Services $ 238,538 Collaboratives and community support 647,143 Information and referral 601,452 Earned Income Tax Credit Coalition 271,787 $1,758,920 $ 2,753,929 1,160,779 21,834 3,936,542 $5,695,462
Support Services Fundraising Agency administration Total program and support services Increase in Net Assets Net Assets—Beginning of Year Net Assets—End of Year
How We Invest In Our Community
1,583,555 120,932 70,433 1,774,920 321,178 276,598 597,776 2,372,696 71,237 3,865,305 $3,936,542
Accounting and Reporting Practices United Way of Greater Lorain County (UWGLC) is an independent organization governed by a board of directors comprised of community volunteers. An independent audit of UWGLC’s financial records is conducted annually. Audited reports are available for public inspection at UWGLC or by visiting uwloraincounty.org. United Way of Greater Lorain County follows the American Institute of Certified Public Accountants’ (AICPA) Audit and Accounting Guide for Not-For-Profit Organizations to ensure financial statements conform with Generally Accepted Accounting Practices (GAAP).
I want to share with you a story. Renee is a hard worker who unexpectedly lost her husband. While grieving the tragic loss, Renee lost her job. The financial burden was too much to overcome and Renee fell behind on her bills. Renee thought things were finally starting to look up when she found a new job. Before she could even start working again, she came home to an eviction notice. With no savings and two weeks before her next pay check, Renee was overcome with the idea of becoming homeless. December 6, 2017 Renee decided to call our 2-1-1 First Call for Help. She was connected with our UCAN Dear «First»: Community Collaborative and sat down with a case manager. The case manager helped Renee Today in «LOCATION», find safe, decent housing that she could afford with one income,child and was less able toto provide her …a 5-year-old is already likely graduate high school becaus withmoney an undiagnosed learning with the to cover the disability. first month’s rent and security …adeposit. hard-working single mom isn’t able to pay her heating bill because a of a paycheck. As the case manager deepened the conversation loving father will die from a heart attack leaving his chi to find…a the root cause ofprematurely the financial crisis, she learned that Renee was severely depressed And that’s why we miss you as a part of our team working to make sure our child and had a plan in place to take her own life the to learn, working families can overcome a financial crisis, and everyone in our co next time she had a bad day. The case manager healthy lifestyle. instantly connected Renee to a collaborative Last year, you generously gave $«M_2016_Gift» of the «Company» Unit partner that took immediate action as topart keep Renee noticed that the campaign has ended for this year and we wanted safe and to «COMPANY» help her find her way. opportunity to continue supporting this critical work. It has now been six months and Renee is doing We ask She you toisrenew gift to continue this personal impact on bettering well. backyour working full time, is in her new families in Greater Lorain County. Youher can do this by filling out the enclosed place and is optimistic about future. Because uwloraincounty.org where one-time and monthly payment options are available. of your support, UCAN was able to save Renee’s life, help get our back on Report her feet and provide herin the past y Enclosed youher will find Annual which outlines our impact to checkhope out our website to read the real stories of people helped by our Commun with for the future. Initiatives. Please review this year’s annual report to see other examples our impact, I hope you And as always, you areofwelcome to call meand at 440-277-6530 ext.will 230 or email m if you have any questions want to discuss firstname.lastname@example.org join us again as we continue to support peopleorand families across Greater Lorain County. To live better, we must Live United.
Sincerely, Sincerely, William P. Harper Executive Director
William Harper, Executive Director
Robbi Goodwin, Office Coordinator
Dianne Brehm, Finance Director
Ashley Renée Hampson, Development Associate
Ryan Aroney, Marketing & Development Director
Bailey Kushner, Marketing & Development Associate
Christine Matusik-Plas, Community Impact Director
Emily Rhoad, Community Impact Associate
Marco Cuevas, Data Administrator
Shermane Smith, Finance Associate
THE MONEY THAT’S RAISED HERE...STAYS HERE. Ready Set Go has sponsored over
WORKING FAMILIES WERE HELPED DURING A CRISIS IN THE LAST YEAR THROUGH UCAN.
Three months after THRIVE! Southern Lorain County’s Water First for Thirst campaign, participants sustained a 50% increase in the amount of people still drinking the recommended 64 ounces of water per day.
Elyria preschoolers to receive free age appropriate books each month.
OF THOSE FAMILIES HELPED, 220 LIVE IN LORAIN.
OF SINGLE MOMS IMPROVED THEIR EMPLOYMENT SITUATION WITHIN THREE MONTHS OF COMPLETION OF THE WE3 COLLABORATIVE’S JOB TRAINING PROGRAM.
UNITED WAY OF GREATER LORAIN COUNTY’S 2016-2017 BOARD OF DIRECTORS
For every we raised, our Community Collaboratives leveraged an additional towards achieving our goals.
Rallied advocates toward MOVE Lorain County’s effort’s to bring smart, sustainable public transportation to Lorain County.
Common VIEW introduced stability balls and desk cycles into Midview and Clearview middle school classrooms and have now seen students are engaged in 70 minutes of physical activity per day.
Connected volunteers to meaningful projects that advanced the capacity of our community.
Gregory Kulow, President
Carrie Sechel, Vice-President
Edward Baker, Treasurer
Orlando Jones, Secretary
UH Elyria Medical Center TheSechels.com
Apex Wealth Management, LLC Invacare Corporation
Lorain County Community College RhinoSystems, Inc. Retired- Franklin Electric Co. PolyOne Corporation Educational Services Center of Lorain County
SEE YOUR INVESTMENT AT WORK: UWLORAINCOUNTY.ORG
Rochester Township Trustee Lorain County Children and Family Council Ridge Tool Company
Greater Victory Christian Ministries
Attendance in the KEY Community Collaborative’s Silver Sneakers program continued to increase, averaging over 75 people per week.