UNITED WAY OF DOOR COUNTY - FINANCES
Annually, United Way of Door County is audited by an independent auditor with Hawkins, Ash & Baptie. If you would like information on this audit, please feel free to contact the United Way office.
We are required by the IRS to complete the 990, which is the business tax return for nonprofit organizations.
Below you will find a copy of our most recent tax return. Click here to view our 2015 tax return.
In addition to our tax return, here is the information that we shared at our Annual Meeting in April regarding our financial position.
United Way of Door County’s budget for the year 2015 was $455,093. We are very pleased to announce that we stayed under budget, by just over $17,000.
We are able to maintain a small operating budget because of the generosity of people such as you. We have a great relationship with businesses that are able to help us out in so many ways. We would not be able to keep a minimal budget without your continued support. We were once again very fortunate to receive very generous in-kind donations such as cases of copy paper, office space, utilities, photo copies, ink cartridges, and printing or cash sponsorships to help cover the costs of these items, thank you.
Our overhead in 2015 was 9%. The remaining 91%, $414,134 went back to our Door County community, either through funding to strategic partner programs, grants, scholarships, or other services that United Way provided to the community.
Our income for 2015 was just over $509,000. This included monies received from the 2013, 2014, and 2015 campaigns, special events as well as interest and gifts to cover operating costs. This also includes income for the programs that we serve as fiscal agent for.
In addition, through our endowment fund campaign we were able to immediately invest over $200 in our endowment fund through cash donations that have been restricted for this fund.
In 2015 we served as the fiscal agent for Door County Alcohol and Other Drug Coalition, The Partnership for Children and Families, and Healthy Door County 2020. If you would like further information on the finances for these programs please contact the office.
We were able to keep an average balance of $45,483 in our reserve fund. Our Reserve Fund Policy states that we must maintain a minimum balance of 10% of our operating budget in this fund.
Hawkins Ash CPA’s audited our 2015 books in February. If any one is interested in receiving a copy of our audit please contact Julie at the United Way office. By late May the audit will be available on our website.
Click here to view our 2015 audit.