Form 990 for tax year 2023
Filed by UNITED WAY OF MARTIN COUNTY FOUNDATION INC.
Totals
- Total revenue
- $648,536
- Total expenses
- $156,589
- Contributions and grants received
- $103,707
- Grants paid
- $10,000
- Program service revenue
- $0
- Investment income
- $538,158
- Other revenue
- $6,671
- Total assets, end of year
- $8,214,144
- Total liabilities, end of year
- $21,628
- Net assets or fund balances, end of year
- $8,192,516
- Program services expenses (Part IX)
- $10,000
- Management and general expenses
- $0
- Fundraising expenses
- $146,589
- Program service expenses (Part III)
- $10,000
Program services were 6.4% 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.
-
1f · All other contributions, gifts and grants
$103,707
-
3 · Investment income
total $291,449 · excluded $291,449
-
7a · Gross sales of assets other than inventory
securities $15,991,195
-
7b · Less cost or other basis and sales expenses
securities $15,744,486
-
7c · Gain or loss
securities $246,709
-
7d · Net gain or loss
total $246,709 · excluded $246,709
-
8a · Fundraising events: gross income
$20,500
-
8b · Fundraising events: direct expenses
$13,829
-
8c · Net income from fundraising events
total $6,671 · excluded $6,671
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000 · program services $10,000
-
7 · Other salaries and wages
total $37,000 · fundraising $37,000
-
9 · Other employee benefits
total $6,667 · fundraising $6,667
-
10 · Payroll taxes
total $2,622 · fundraising $2,622
-
11c · Fees: accounting
total $6,900 · fundraising $6,900
-
16 · Occupancy
total $305 · fundraising $305
-
17 · Travel
total $143 · fundraising $143
-
23 · Insurance
total $3,024 · fundraising $3,024
-
24a · Other expenses: SHARED FUNDRAISING EXPE
total $48,829 · fundraising $48,829
-
24b · Other expenses: PROFESSIONAL SERVICES &
total $29,396 · fundraising $29,396
-
24c · Other expenses: CAMPAIGN & FUNDRAISING
total $13,484 · fundraising $13,484
-
24d · Other expenses: LEASE EXPENSE
total $3,508 · fundraising $3,508
-
24e · All other expenses
total -$5,289 · fundraising -$5,289
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $70,410 · end of year $89
-
2 · Savings and temporary cash investments
beginning of year $946,003 · end of year $924,527
-
3 · Pledges and grants receivable
beginning of year $285,827 · end of year $169,435
-
9 · Prepaid expenses and deferred charges
beginning of year $2,452 · end of year $2,366
-
11 · Investments: publicly traded securities
beginning of year $6,251,080 · end of year $7,117,727
-
17 · Accounts payable and accrued expenses
beginning of year $19,502 · end of year $21,628
-
27 · Net assets without donor restrictions
beginning of year $1,923,299 · end of year $3,132,261
-
28 · Net assets with donor restrictions
beginning of year $5,612,971 · end of year $5,060,255
Mission and programs · 2023
Mission
THE UNITED WAY OF MARTIN COUNTY FOUNDATION IS AN INDEPENDENT PUBLIC CHARITY UNIQUELY POSITIONED TO ACCEPT LEGACY GIFTS AND BUILD AN ENDOWMENT FUND TO MEET THE CURRENT AND FUTURE UNMET NEEDS IN MARTIN COUNTY.
-
GRANTS AND AWARDS FROM ENDOWED GIFTS
Expenses $10,000 · Grants $10,000
As filed on the 2023 return.
Listed in Part VII
-
Charles R CleaverCHARLES R CLEAVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert WeissmanROBERT WEISSMAN
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 2
-
Thomas CampenniTHOMAS CAMPENNI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Randy PenningtonRANDY PENNINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Stephen A PinnacoliSTEPHEN A PINNACOLI
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Dennis LongstreetDENNIS LONGSTREET
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Gregory R NuttallGREGORY R NUTTALL
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Betsy HeroldBETSY HEROLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Phil WintercornPHIL WINTERCORN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carol Houwaart-DiezCAROL HOUWAART-DIEZ
SECRETARY
- Total calculated
- $200,067
- From this org
- $0
- From related orgs
- $157,656
- Other
- $42,411
- Hours/week
- 4 + 46 related
Schedule J breakdown matched by us
- Base
- $0 + $157,656 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $42,411 related
- Filer's total
- $0 + $200,067 related
-
Theresa SchineisTHERESA SCHINEIS
VP FINANCE
- Total calculated
- $121,820
- From this org
- $0
- From related orgs
- $95,711
- Other
- $26,109
- Hours/week
- 6 + 39 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. 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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- METHODS USED TO DETERMINE COMPENSATION PAID THROUGH RELATED ORGANIZATION INCLUDE DETERMINATION THROUGH A COMPENSATION COMMITTEE AND APRROVAL BY THE BOARD OF DIRECTORS.
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
-
$10,000
GENERAL SUPPORT/LICHTENBERGER ENDOWMENT
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.
-
UNITED WAY OF MARTIN COUNTY INC
501(C)(3) · FUND RAISING & FUND DISTRIBUTION ORGANIZATION · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511279349303076
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