THE UNITED WAY OF GREATER WATERBURY INC

EIN: 060646634 501(c)(3)

WATERBURY, CT

Total Revenue
$5,574,592
Total Expenses
$4,507,101
Total Assets
$9,786,858
Net Assets
$6,796,554
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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
CT
Principal Officer
KRISTEN JACOBY
Phone
2037579855
Tax Period
2024-07-01 to 2025-06-30

THE UNITED WAY OF GREATER WATERBURY INC, founded in 1942, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 19% operating margin.

Mission

THE UNITED WAY WORKS COLLABORATIVELY WITH AND STRATEGICALLY INVESTS IN COMMUNITY PARTNERS TO HELP SOLVE COMMUNITY PROBLEMS. THE UNITED WAY PROVIDES LEADERSHIP, CONVENES AND FACILITIES COMMUNITY CONVERSATIONS AND INITIATIVES ON PRIORITY ISSUES. THE UNITED WAY PROVIDES STAFF LEADERSHIP AND SERVES AS FIDUCIARY FOR SEVERAL PARTNERSHIPS INCLUDING THE GREATER WATERBURY CAMPERSHIP PROGRAM WHICH ENABLES CHILDREN FROM LOW-INCOME FAMILIES TO ATTEND SUMMER CAMP AND BRIDGE TO SUCCESS, A CRADLE TO CAREER INITIATIVE. THE UNITED WAY ALSO TAKES A LEAD ROLE IN FOOD INSECURITY INITIATIVES SUCH AS HOLIDAY ASSISTANCE PROGRAM AND STOCK THE PANTRY.

Program Service Accomplishments

Program 1
Expenses: $1,892,853 Revenue: $91,000

THE UNITED WAY WORKS COLLABORATIVELY WITH AND STRATEGICALLY INVESTS IN COMMUNITY PARTNERS TO HELP SOLVE COMMUNITY PROBLEMS. THE UNITED WAY PROVIDES LEADERSHIP, CONVENES AND FACILITIES COMMUNITY...

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THE UNITED WAY WORKS COLLABORATIVELY WITH AND STRATEGICALLY INVESTS IN COMMUNITY PARTNERS TO HELP SOLVE COMMUNITY PROBLEMS. THE UNITED WAY PROVIDES LEADERSHIP, CONVENES AND FACILITIES COMMUNITY CONVERSATIONS AND INITIATIVES ON PRIORITY ISSUES. THE UNITED WAY PROVIDES STAFF LEADERSHIP AND SERVES AS FIDUCIARY FOR SEVERAL PARTNERSHIPS INCLUDING THE GREATER WATERBURY CAMPERSHIP PROGRAM WHICH ENABLES CHILDREN FROM LOW-INCOME FAMILIES TO ATTEND SUMMER CAMP AND BRIDGE TO SUCCESS, A CRADLE TO CAREER INITIATIVE. THE UNITED WAY ALSO TAKES A LEAD ROLE IN FOOD INSECURITY INITIATIVES SUCH AS HOLIDAY ASSISTANCE PROGRAM AND STOCK THE PANTRY.

Program 2
Expenses: $1,662,751 Revenue: $102,978

ALLOCATIONS AND FUNDED AGENCY RELATIONS - THE UNITED WAY ALLOCATES/INVESTS FUNDS IN LOCAL HEALTH AND HUMAN SERVICE PROGRAMS AND INITIATIVES THAT HELP PEOPLE IN NEED. THROUGH THE OUTCOME MEASUREMENT...

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ALLOCATIONS AND FUNDED AGENCY RELATIONS - THE UNITED WAY ALLOCATES/INVESTS FUNDS IN LOCAL HEALTH AND HUMAN SERVICE PROGRAMS AND INITIATIVES THAT HELP PEOPLE IN NEED. THROUGH THE OUTCOME MEASUREMENT INITIATIVE THE UNITED WAY ASSISTS ITS FUNDED PROGRAMS IN DEVELOPING AND IMPLEMENTING A SYSTEM TO MEASURE THE IMPACT OF THEIR SERVICES ON THEIR CLIENTS. USING THE OUTCOME MEASUREMENT DATA, THE UNITED WAY COMMUNICATES THE VALUE OF THESE SERVICES MORE EFFECTIVELY, WHILE PROVIDING INDIVIDUAL PROGRAMS WITH A TOOL TO IMPROVE THEIR COMMITTEE WHICH WORKS TO ADDRESS INCLUDE DOZENS OF LOCAL NON-PROFIT AGENCIES AND COLLABORATIVES SUCH AS THE FOOD RESOURCE COMMITTEE WHICH WORKS TO ADDRESS LOCAL HUNGER ISSUES, BRIDGE TO SUCCESS WHOSE FOCUS IS ON POSITIVE YOUTH DEVELOPMENT, AND THE CONTINUUM OF CARE/CAN WHO ARE WORKING TO END CHRONIC HOMELESSNESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,913,056
Program Service Revenue $0
Investment Income $315,759
Other Revenue $345,777
TOTAL REVENUE $5,574,592

Expense Breakdown

Grants Paid $2,674,008
Salaries & Benefits $1,098,873
Fundraising Expenses $288,530
Program Expenses $3,555,604
Other Expenses $734,220
TOTAL EXPENSES $4,507,101

Year-over-Year Comparison

2024 2023 Change
Revenue $5,574,592 $8,313,537 -0.3%
Expenses $4,507,101 $4,644,960 0.0%
Net Income $1,067,491 $3,668,577 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
28
Volunteers
1699

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$204,056
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIENNE PARKMOND CHAIR 5.00
Officer Director
$0 $0 $0
GREGORY JACOBI SECRETARY 5.00
Officer Director
$0 $0 $0
DAVID PETITTI TREASURER 10.00
Officer Director
$0 $0 $0
JAKE ALBERT DIRECTOR 5.00
Director
$0 $0 $0
MARK A CASEY FORMER CHAIR 10.00
Director
$0 $0 $0
GRANT COPELAND DIRECTOR 5.00
Director
$0 $0 $0
DANIEL DAVIS DIRECTOR 5.00
Director
$0 $0 $0
DR LISA DRESDNER DIRECTOR 5.00
Director
$0 $0 $0
CHRISTOPHER FASANO DIRECTOR 5.00
Director
$0 $0 $0
JASON R GAGNON DIRECTOR 5.00
Director
$0 $0 $0
KATELYN GREY DIRECTOR 5.00
Director
$0 $0 $0
JAYNE D KELLY DIRECTOR 5.00
Director
$0 $0 $0
BRIAN LEVINE DIRECTOR 5.00
Director
$0 $0 $0
YARIXA LOPEZ DIRECTOR 5.00
Director
$0 $0 $0
GENNA MINTZ DIRECTOR 5.00
Director
$0 $0 $0
DR THOMAS PELLEGRINO DIRECTOR 5.00
Director
$0 $0 $0
MARY ROSEGRANT-CHIAPPALONE DIRECTOR 5.00
Director
$0 $0 $0
TARA L SHAW ESQ DIRECTOR 5.00
Director
$0 $0 $0
FREDERICK M SMITH DIRECTOR 5.00
Director
$0 $0 $0
SUSAN E SPRANO DIRECTOR 5.00
Director
$0 $0 $0
KRISTEN JACOBY PRESIDENT/CHIEF PROFESSIONAL OFFICER 40.00
Officer
$162,862 $41,194 $204,056
JERED BRUZAS CHIEF IMPACT OFFICER 40.00
Highest
$112,260 $21,398 $133,658
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,574,592 $4,507,101 $9,786,858 $1,067,491
2024 $8,313,537 $4,644,960 $8,517,605 $3,668,577
2023 $4,466,542 $4,320,223 $4,527,496 $146,319
2022 $4,674,760 $4,800,719 $4,506,713 $-125,959
2021 $5,126,672 $5,283,394 $4,568,232 $-156,722
2020 $4,925,173 $5,244,186 $4,113,282 $-319,013
2019 $4,755,712 $4,766,327 $3,881,099 $-10,615
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