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Nonprofiteer
← WAL-MART ASSOCIATES IN CRITICAL NEED FUND

Form 990 for tax year 2024

Filed by WAL-MART ASSOCIATES IN CRITICAL NEED FUND.

Totals

Total revenue
$17,644,208
Total expenses
$25,112,114
Contributions and grants received
$14,023,442
Grants paid
$24,701,433
Program service revenue
$0
Investment income
$3,620,766
Other revenue
$0
Total assets, end of year
$77,946,644
Total liabilities, end of year
$1,526,560
Net assets or fund balances, end of year
$76,420,084
Program services expenses (Part IX)
$24,934,443
Management and general expenses
$33,285
Fundraising expenses
$144,386
Program service expenses (Part III)
$24,934,443

Program services were 99.3% 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.

  • 1d · Related organizations

    $5,211,788

  • 1f · All other contributions, gifts and grants

    $8,811,654

  • 3 · Investment income

    total $3,620,766 · excluded $3,620,766

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $24,701,433 · program services $24,701,433

  • 11c · Fees: accounting

    total $31,500 · management and general $31,500

  • 11e · Fees: professional fundraising services

    total $121,332 · fundraising $121,332

  • 11g · Fees: other

    total $257,849 · program services $233,010 · management and general $1,785 · fundraising $23,054

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $83,800,603 · end of year $76,895,923

  • 3 · Pledges and grants receivable

    beginning of year $1,146,809 · end of year $804,121

  • 15 · Other assets

    beginning of year $0 · end of year $246,600

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,858 · end of year $21,060

  • 18 · Grants payable

    beginning of year $78,513 · end of year $120,259

  • 22 · Loans and payables to officers and key people

    beginning of year $936,051 · end of year $1,385,241

  • 27 · Net assets without donor restrictions

    beginning of year $83,236,622 · end of year $76,073,726

  • 28 · Net assets with donor restrictions

    beginning of year $651,368 · end of year $346,358

Mission and programs · 2024

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO QUALIFIED WAL-MART ASSOCIATES WHEN THEY ARE EXPERIENCING EXTREME FINANCIAL HARDSHIP.

Activities or mission (Part I)

TO PROVIDE FINANCIAL AID TO WAL-MART ASSOCIATES WHEN THEY EXPERIENCE EXTREME FINANCIAL HARDSHIP.

  • THE FUND PROVIDES MONETARY SUPPORT TO QUALIFIED ASSOCIATES WHEN THEY EXPERIENCE EXTREME ECONOMIC HARDSHIP DUE TO SITUATIONS OUTSIDE OF THEIR CONTROL.

    Expenses $24,934,443 · Grants $24,701,433 · Revenue $14,023,442

As filed on the 2024 return.

Listed in Part VII

  • Kathleen McLaughlin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Ulises Correa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Geno Bell

    TRUSTEE (END 2024)

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Del Sloneker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Yolanda Horton-Evans

    TRUSTEE (END 2024)

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Jeff Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Matt Milbrodt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Karen Light

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Kannan Sundaramurthy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Scott Apple

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Delinda Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Mark Hankins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Carlos Sanchez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Ashley Mears

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Narasimhan Rampalli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Greg Cathey

    TRUSTEE (BEG 11/12/24)

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • David Glick

    TRUSTEE (BEG 11/12/24)

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Justin Traweek

    TRUSTEE (BEG 11/12/24)

    Total calculated
    $0
    Hours/week
    0.2 + 40 related
  • Julie Gehrki

    TRUSTEE/PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Bj Crouch

    ASST TREASURER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Maria Zazycki

    ASST SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Erin Hogue

    VICE PRESIDENT/COO

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Jacquelyn Brigance

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Bryan Del Rosario

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 40 related

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.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • WAL-MART FOUNDATION

    501(C)(3) · CHARITABLE - PRIVATE FOUNDATION · AR

    Directly controlled by WALMART INC

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WALMART INC

    C · RETAIL · DE

Provenance

Return type
form_990
Tax year
2024
Filed
1 July 2025
IRS schema version
2024v5.2
Source object
202542259349301239

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