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Nonprofiteer
← UNITED WAY INC

Form 990 for tax year 2024

Filed by UNITED WAY INC.

Totals

Total revenue
$50,225,007
Total expenses
$46,676,596
Contributions and grants received
$37,559,171
Grants paid
$21,703,154
Program service revenue
$0
Investment income
$8,532,607
Other revenue
$4,133,229
Total assets, end of year
$182,513,736
Total liabilities, end of year
$101,241,354
Net assets or fund balances, end of year
$81,272,382
Program services expenses (Part IX)
$39,737,842
Management and general expenses
$3,600,080
Fundraising expenses
$3,338,674
Program service expenses (Part III)
$39,737,842

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $1,564,558

  • 1e · Government grants (contributions)

    $1,582,635

  • 1f · All other contributions, gifts and grants

    $34,411,978

  • 1g · Noncash contributions included above

    $417,705

  • 3 · Investment income

    total $8,557,871 · excluded $8,557,871

  • 5 · Royalties

    total $265 · excluded $265

  • 7a · Gross sales of assets other than inventory

    securities $38,184,478

  • 7b · Less cost or other basis and sales expenses

    securities $38,209,742

  • 7c · Gain or loss

    securities -$25,264

  • 7d · Net gain or loss

    total -$25,264 · excluded -$25,264

  • 11a · Other revenue: ADMIN FEE AND EXPENSE

    total $2,407,548 · related or exempt $51,062 · excluded $2,356,486

  • 11b · Other revenue: AHI LOAN FEE INCOME

    total $1,634,837 · related or exempt $1,634,837

  • 11d · All other revenue

    total $90,579 · excluded $90,579

  • 11e · Other revenue, total

    $4,132,964

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $21,703,154 · program services $21,703,154

  • 5 · Compensation of officers, directors and key employees

    total $1,384,150 · program services $578,667 · management and general $425,335 · fundraising $380,148

  • 7 · Other salaries and wages

    total $6,196,294 · program services $3,437,191 · management and general $1,082,917 · fundraising $1,676,186

  • 8 · Pension plan contributions

    total $607,127 · program services $239,069 · management and general $239,870 · fundraising $128,188

  • 9 · Other employee benefits

    total $491,844 · program services $319,453 · management and general $62,303 · fundraising $110,088

  • 10 · Payroll taxes

    total $558,701 · program services $440,544 · management and general $50,189 · fundraising $67,968

  • 11b · Fees: legal

    total $2,298 · management and general $2,298

  • 11c · Fees: accounting

    total $147,380 · management and general $147,380

  • 11d · Fees: lobbying

    total $26,000 · program services $26,000

  • 11e · Fees: professional fundraising services

    total $144,850 · fundraising $144,850

  • 11f · Fees: investment management

    total $54,344 · management and general $54,344

  • 11g · Fees: other

    total $5,085,149 · program services $4,618,228 · management and general $348,743 · fundraising $118,178

  • 12 · Advertising and promotion

    total $1,431,732 · program services $1,289,642 · management and general $33,130 · fundraising $108,960

  • 13 · Office expenses

    total $167,910 · program services $85,989 · management and general $46,854 · fundraising $35,067

  • 14 · Information technology

    total $828,422 · program services $316,241 · management and general $370,100 · fundraising $142,081

  • 16 · Occupancy

    total $1,056,896 · program services $512,696 · management and general $353,693 · fundraising $190,507

  • 17 · Travel

    total $206,198 · program services $98,721 · management and general $61,560 · fundraising $45,917

  • 19 · Conferences, conventions and meetings

    total $340,208 · program services $271,002 · management and general $37,801 · fundraising $31,405

  • 20 · Interest

    total $5,217,921 · program services $5,214,015 · management and general $2,539 · fundraising $1,367

  • 21 · Payments to affiliates

    total $356,428 · program services $142,571 · management and general $139,007 · fundraising $74,850

  • 22 · Depreciation, depletion and amortization

    total $92,497 · program services $36,999 · management and general $36,074 · fundraising $19,424

  • 23 · Insurance

    total $134,470 · program services $54,070 · management and general $52,260 · fundraising $28,140

  • 24a · Other expenses: MISCELLANEOUS EXPENSES

    total $252,385 · program services $163,352 · management and general $53,683 · fundraising $35,350

  • 24b · Other expenses: PROVISION FOR LOAN LOSS

    total $190,238 · program services $190,238

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,790,793 · end of year $14,077,936

  • 2 · Savings and temporary cash investments

    beginning of year $63,601,027 · end of year $37,362,302

  • 3 · Pledges and grants receivable

    beginning of year $2,974,460 · end of year $1,949,833

  • 4 · Accounts receivable

    beginning of year $751,319 · end of year $3,733,112

  • 7 · Other notes and loans receivable

    beginning of year $47,670,395 · end of year $54,592,085

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,746,780 · end of year $2,991,441

  • 10a · Land, buildings and equipment: cost or other basis

    $2,400,191

  • 10b · Land, buildings and equipment: accumulated depreciation

    $83,876

  • 10c · Land, buildings and equipment, net

    beginning of year $95,874 · end of year $2,316,315

  • 11 · Investments: publicly traded securities

    beginning of year $41,137,927 · end of year $49,438,481

  • 12 · Investments: other securities

    beginning of year $963,341 · end of year $205,563

  • 13 · Investments: program-related

    beginning of year $3,406,566 · end of year $3,170,627

  • 15 · Other assets

    beginning of year $11,030,058 · end of year $12,676,041

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,924,407 · end of year $8,320,104

  • 18 · Grants payable

    beginning of year $2,960,530 · end of year $2,313,492

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $418,695 · end of year $418,695

  • 23 · Secured mortgages and notes payable

    beginning of year $94,907,792 · end of year $70,248,097

  • 24 · Unsecured notes and loans payable

    beginning of year $10,045,000 · end of year $12,092,500

  • 25 · Other liabilities

    beginning of year $1,125,040 · end of year $7,848,466

  • 27 · Net assets without donor restrictions

    beginning of year $43,061,676 · end of year $44,826,539

  • 28 · Net assets with donor restrictions

    beginning of year $32,725,400 · end of year $36,445,843

Mission and programs · 2024

Mission

WE CAN ACCOMPLISH MORE TOGETHER THAN ALONE. BY COMBINING COMMUNITY POWER, DONATIONS AND NEW SOLUTIONS TO LONG STANDING CHALLENGES WE CAN SUPPORT NEIGHBORS ON A PATHWAY FROM POVERTY TO PROSPERITY.

Activities or mission (Part I)

WE CAN ACCOMPLISH MORE TOGETHER THAN ALONE. BY COMBINING COMMUNITY POWER, (CONT. ON SCH. O) DONATIONS AND NEW SOLUTIONS TO LONG STANDING CHALLENGES WE CAN SUPPORT NEIGHBORS ON A PATHWAY FROM POVERTY TO PROSPERITY.

  • SUPPORTING PEOPLE IN CRISIS TAPPING INTO OUR COLLECTIVE ABILITY TO HELP, WE MULTIPLY CONTRIBUTIONS AND HARD WORK INTO IMMEDIATE RELIEF FOR NEIGHBORS WHO NEED FOOD, HOUSING, HEALTHCARE, AND FINANCIAL ASSISTANCE.WE ARE INVESTING TO SUSTAIN AND EXPAND ASSISTANCE TO INDIVIDUALS AND FAMILIES EXPERIENCING THE DAILY CRISIS OF POVERTY. WE HAVE:- SUPPORTED 17,969 HOUSEHOLDS RECEIVED UTILITIES ASSISTANCE & 281,574 MEALS WERE SERVED BY 168 ORGANIZATIONS UNDER EMERGENCY FOOD AND SHELTER PROGRAM (EFSP) THIS PAST YEAR. THE LAST CONTRACTED PERIOD OF EFSP WILL END DEC 2025. WITH FEDERAL CHANGES THERE IS CURRENTLY NO CLEAR PLAN FOR THE CONTINUATION OF EFSP. (CONT. ON SCH. O)- COORDINATED INVESTMENTS IN SITE IMPROVEMENTS AND OPERATIONAL ENHANCEMENTS AT PLACES THAT SUPPORT HOUSEHOLDS WHO ARE UNHOUSED ANT AT-RISK OF HOMELESSNESS. IN THE LAST YEAR, 34 DAYTIME SITES AND 7 SENIOR CENTERS WERE FUNDED SHELTERS, AND AN ADDITIONAL SET OF 8 TARGETED SITES FOR LARGER INVESTMENT, WERE PROVIDED FUNDING FOR SITE IMPROVEMENTS AND OPERATIONAL ENHANCEMENTS IN ORDER TO BETTER SERVE 84K+ PEOPLE EXPERIENCING AND AT-RISK OF HOMELESSNESS. - LAUNCHED IN RESPONSE TO THE WILDFIRES TO RAISE FUNDS FOR DEPLOYMENT. TO DATE THERE HAVE BEEN 33 PARTNERS INVESTED IN ACROSS TWO PHASES OF GRANTMAKING TOTALING $2.725M. - LED EFFORTS TO PASS A LOCAL RESOURCE MEASURE TO SUPPORT HOMELESSNESS SOLUTIONS AND AFFORDABLE HOUSING IN NOVEMBER 2024 WHICH WE THEN HAVE BEEN ACTIVE IN SUPPORTING IMPLEMENTATION OF, INCLUDING COUNTYWIDE GOAL SETTING AND PROGRAM GUIDELINE DEVELOPMENT.

    Expenses $29,540,681 · Grants $14,878,624 · Revenue $1,634,837

  • BUILDING SHARED PROSPERITYEVERY NEIGHBORHOOD IN L.A. IS FULL OF DREAMERS AND DOERS WHO HAVE A VISION FOR WHAT THEIR COMMUNITY COULD BE. THAT'S WHY WE WORK WITH LOCAL PARTNERS TO CREATE COMMUNITY-OWNED APPROACHES TO BUILDING WEALTH AND POWER THAT WILL CHANGE THE FUTURE FOR THIS GENERATION AND THE NEXT.WE ARE INVESTING FOR SHARED PROSPERITY EFFORTS THAT CREATE PATHWAYS OF OPPORTUNITY AND EQUITY ACROSS OUR REGION. WE HAVE:- THE AFFORDABLE HOUSING INITIATIVE HAS INVESTED IN 374 AFFORDABLE UNITS FINANCED AT 50% OF THE AVERAGE COST THIS LAST YEAR AND CONTINUES TO SCALE THAT PROGRAM THROUGH LACAHSA, THE HOUSING SOLUTIONS AGENCY WE HELPED CREATE. IT HAS THE POTENTIAL TO CREATE AN (CONT. ON SCH. O) IMPACTFUL SUPPLY OF AFFORDABLE HOUSING AND PREVENT HOMELESSNESS ACROSS OUR REGION.- THE COMMUNITY PROSPERITY INITIATIVE AIMS TO ENGAGE LOCAL COMMUNITY MEMBERS IN BUILDING AN ECONOMY THAT WORKS FOR THEM. OVER THE YEAR, OVER COMMUNITY PROJECT DESIGN WORK WAS COMPLETED ACROSS OF NORTH LONG BEACH, ASSET MAPPING IN FINAL STAGES IN CITY OF SAN FERNANDO, AND WILLOWBROOK, ADDING TO THE EFFORTS IN PICO UNION. A PROSPERITY FUND WAS LAUNCHED WHICH INVESTED IN 12 PROJECTS. EARLY ROUND PROJECTS HAVE ALREADY REPORTED IMPACTING 330+ SMALL BUSINESSES AND MICROENTREPRENUERS THROUGH THEIR EFFORTS. - TO INCREASE COMPLETION AND TRANSFER RATES, SUPPORTED 479 STUDENTS THROUGH WAY2SUCCESS COMMUNITY COLLEGE RESOURCE FAIR, MENTORSHIP PROGRAM, STUDENT SUCCESS FUNDS, AND DISTRIBUTED 6100 COPIES OF OUR 2ND ANNUAL TOOL KIT FOCUSED ON DUAL ENROLLMENT WITH LBCCD, LBUSD, CAMPAIGN FOR COLLEGE OPPORTUNITY, ED TRUST WEST.

    Expenses $6,795,078 · Grants $3,422,447

  • UNITED WAY OF GREATER LOS ANGELES ENABLES DONORS TO DESIGNATE THEIR GIFTS TO OTHER UNITED WAY OR TO OTHER NONPROFIT ORGANIZATIONS. IN FISCAL YEAR 2024-2025, WE PROCESSED $3,402,083 IN DESIGNATIONS.

    Expenses $3,402,083 · Grants $3,402,083 · Revenue $51,062

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MARTHA SANTANA-CHIN

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • IRENE OH

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • JOHN YAMAMOTO

    CORPORATE SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • EDGAR CAMPOS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALEX MARTIN CHAVES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LISA CLERI REALE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SCOTT COHEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KEVIN DEMOFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TED DUNN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RUDY ESPINOZA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KIM HARRINGTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL HEADRICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARC HICKMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DARLENE HOPKINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SANDRA HRNA

    BOARD MEMBER - PART YEAR

    Total calculated
    $0
    Hours/week
    1

  • ALICE JUAREZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEFANIE KANE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEWART KWOH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LESLIE LIVESAY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KAIA REIN-HOFFMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE RHONE-COLLINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ERIK ROBINSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARIA SALINAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANN SUGAI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • HAMED TAVAJOHI

    BOARD MEMBER.

    Total calculated
    $0
    Hours/week
    1

  • HASSAN WEBBE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • YVONNE WHEELER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JIM WHITE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE WROAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AARON YOHNKE

    BOARD MEMBER - PART YEAR

    Total calculated
    $0
    Hours/week
    1

  • ELISE BUIK

    PRESIDENT & CEO

    Total calculated
    $992,062
    From this org
    $512,413
    From related orgs
    $0
    Other
    $479,649
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $389,000
    Bonus
    $97,808
    Other
    $25,605
    Deferred
    $436,891
    Nontaxable benefits
    $42,758
    Filer's total
    $992,062

  • LINING RECENDEZ

    VP, FINANCE

    Total calculated
    $324,372
    From this org
    $254,186
    From related orgs
    $0
    Other
    $70,186
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $208,586
    Bonus
    $38,409
    Other
    $7,191
    Deferred
    $43,254
    Nontaxable benefits
    $26,932
    Filer's total
    $324,372

  • CHRIS KO

    VP, IMPACT & STRATEGY

    Total calculated
    $249,708
    From this org
    $224,271
    From related orgs
    $0
    Other
    $25,437
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $175,917
    Bonus
    $13,775
    Other
    $34,579
    Deferred
    $19,238
    Nontaxable benefits
    $6,199
    Filer's total
    $249,708

  • THOMAS NEWMAN

    VP, PUBLIC AFFAIRS

    Total calculated
    $231,626
    From this org
    $198,176
    From related orgs
    $0
    Other
    $33,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $164,677
    Bonus
    $27,144
    Other
    $6,355
    Deferred
    $11,611
    Nontaxable benefits
    $21,839
    Filer's total
    $231,626

  • ERIN MORTON

    VP, STRATEGIC PARTNERSHIPS

    Total calculated
    $209,224
    From this org
    $195,000
    From related orgs
    $0
    Other
    $14,224
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $175,941
    Bonus
    $12,688
    Other
    $6,371
    Deferred
    $6,428
    Nontaxable benefits
    $7,796
    Filer's total
    $209,224

  • DAVID TRAN

    DIR., FINANCE & BUSINESS SOLUTIONS

    Total calculated
    $183,451
    From this org
    $154,379
    From related orgs
    $0
    Other
    $29,072
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $143,042
    Bonus
    $11,000
    Other
    $337
    Deferred
    $9,756
    Nontaxable benefits
    $19,316
    Filer's total
    $183,451

  • XOCHITL FLORES

    DIRECTOR, PEOPLE & CULTURE

    Total calculated
    $176,088
    From this org
    $138,011
    From related orgs
    $0
    Other
    $38,077
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $134,314
    Bonus
    $3,000
    Other
    $697
    Deferred
    $21,324
    Nontaxable benefits
    $16,753
    Filer's total
    $176,088

  • SHANNON BIGGS

    DIRECTOR OF TALENT & STRATEGY

    Total calculated
    $159,035
    From this org
    $141,702
    From related orgs
    $0
    Other
    $17,333
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $130,410
    Bonus
    $11,000
    Other
    $292
    Deferred
    $8,799
    Nontaxable benefits
    $8,534
    Filer's total
    $159,035

  • EMILY BRADLEY

    DIR., STRATEGIC INVST

    Total calculated
    $147,394
    From this org
    $131,532
    From related orgs
    $0
    Other
    $15,862
    Hours/week
    50

  • HAZEL LOPEZ

    DIR., CRISIS SOULTIONS

    Total calculated
    $146,493
    From this org
    $136,332
    From related orgs
    $0
    Other
    $10,161
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
UNITED WAY OF GREATER LOS ANGELES ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR ITS CURRENT CEO AND PRESIDENT, ELISE BUIK, AFTER SHE WAS HIRED IN 2005. THIS PLAN WAS APPROVED BY THE BOARD IN JULY 2008 AND $25,000 WAS FUNDED TO A RABBI TRUST IN DECEMBER 2008. SUBSEQUENTLY ADDITIONAL AMOUNT WAS FUNDED ANNUALLY BASED ON AN ACTUARIAL CALCULATION FOR EXPECTED PAYMENT OBLIGATIONS. THIS PLAN IS ALSO KNOWN AS A BENEFIT RESTORATION PLAN (BRP) AS THE PURPOSE OF THE PLAN IS INTENDED TO "RESTORE" BENEFITS LOST TO AN EMPLOYEE UNDER A TAX-QUALIFIED DEFINED BENEFIT PLAN (E.G., PENSION PLAN) DUE TO INTERNAL REVENUE CODE LIMITS (E.G., LIMITS ON COVERED COMPENSATION, MAXIMUM BENEFIT). FOR CALENDAR YEAR 2024 (THE YEAR WE ARE REQUIRED TO USE FOR 6/30/2025 FORM 990 REPORTING), THE LIMITS ON COVERED COMPENSATION ARE ANNUAL INCOME OF $345,000. THIS AMOUNT IS ADJUSTED ANNUALLY FOR INFLATION, IT IS $350,000 IN 2025 AND $360,000 IN 2026. IN ACCORDANCE WITH THE PLAN DOCUMENT, MS. BUIK MET A VESTING REQUIREMENT THAT WAS ESTABLISHED AS A RETENTION TOOL THAT WOULD TRIGGER A DISTRIBUTION UPON AGE 55; SHE BECAME 100% VESTED IN JANUARY 2019. CONSEQUENTLY, SHE SHOULD RECEIVE AN ANNUAL DISTRIBUTION FROM THIS BRP PLAN. UNITED WAY OF GREATER LOS ANGELES ENGAGE AN ACTUARY FIRM TO CALCULATE THE DISTRIBUTION AMOUNT. IN AUGUST 2024, $21,447 WAS PAID TO MS. BUIK FOR THE ANNUAL DISTRIBUTION. THIS AMOUNT WAS REPORTED IN HER GROSS WAGES IN FORM 2024 W2, AND IT WAS INCLUDED IN "OTHER REPORTABLE COMPENSATION" COLUMN B (III) ON SCHEDULE J, PART II. THIS ENTIRE AMOUNT WAS ALSO REPORTED AS A DEFERRED COMPENSATION IN FORM 990 FROM PRIOR YEARS AND IT WAS REPORTED IN THIS YEAR'S FORM 990 IN COLUMN F, SCHEDULE J, PART II. IN JULY 2024, THE BOARD APPROVED A SPECIAL COMPENSATION PACKAGE FOR MS. BUIK IN RECOGNITION OF HER 30 YEARS OF DEDICATED SERVICE TO THE UNITED WAY OF GREATER LOS ANGELES. THIS PACKAGE INCLUDED AN ENHANCEMENT TO THE SERP/BRP PLAN BY INCREASING THE PENSION FORMULA BY 25 BASIS POINTS (0.25%). THE PLAN DOCUMENT WAS AMENDED TO REFLECT THIS ENHANCEMENT, EFFECTIVE JULY 1, 2024. THE DEFERRED COMPENSATION CALCULATIONS FOR MS. BUIK'S SERP BENEFIT INCORPORATE THIS AMENDMENT, WHICH INCREASED THE APPLICABLE PLAN FORMULA PERCENTAGE AS OF JULY 1, 2024. AS A RESULT, THE ESTIMATED ACTUARIAL INCREASE OF $239,878 IN HER SERP BENEFIT IS SIGNIFICANTLY HIGHER THAN IN RECENT YEARS. THIS AMOUNT IS REPORTED AS DEFERRED COMPENSATION IN COLUMN C OF SCHEDULE J, PART II. THIS FIGURE REPRESENTS AN ACTUARIAL VALUE INCREASE ONLY IT IS NOT A VESTED BENEFIT AMOUNT AND HAS NOT BEEN PAID TO MS. BUIK.
PART I, LINE 7
CERTAIN MEMBERS OF THE EXECUTIVE TEAM MET THE CRITERIA TO RECEIVE BONUSES BASED ON THEIR SCORECARD RESULTS. THE SCORECARD WAS APPROVED BY THE BOARD AT THE BEGINNING OF FISCAL YEAR, AND THE RESULTS WERE APPROVED BY THE BOARD EVERY JULY AFTER THE YEAR END. THESE BONUSES WERE INCLUDED IN SCHEDULE J, PART II, COLUMN B (II).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • AHI FUND II LLC

    PROMOTES THE DEVELOPMENT AND MAINTENANCE OF HOUSING IN LOS ANGELES COUNTY. · DE · income $6,033,247 · assets $80,812,810

    Directly controlled by UNITED WAY INC

  • AHI FUND III LLC

    PROMOTES THE DEVELOPMENT AND MAINTENANCE OF HOUSING IN LOS ANGELES COUNTY. · DE · income $0 · assets $0

    Directly controlled by UNITED WAY INC

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2026
IRS schema version
2024v5.5
Source object
202611279349303076

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.