United Way of Montcalm-Ionia Counties

EIN: 237136978 501(c)(3)

Belding, MI

Total Revenue
$347,431
Total Expenses
$396,516
Total Assets
$212,480
Net Assets
$167,168
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
MI
Principal Officer
Terri Legg
Tax Period
2023-04-01 to 2024-03-31

United Way of Montcalm-Ionia Counties, founded in 1953, is a small nonprofit that reported $347K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $397K exceeded revenue, resulting in a 14% operating deficit.

Mission

To make studies of community needs and to provide funds for the maintenance and operations of organizations in Montcalm and Ionia counties that meet these needs.

Program Service Accomplishments

Program 1
Expenses: $333,471

United Way brings people together to build strong, equitable communities where everyone can thrive as one of the worlds largest privately funded charities, making life better for those in Montcalm...

Read more

United Way brings people together to build strong, equitable communities where everyone can thrive as one of the worlds largest privately funded charities, making life better for those in Montcalm and Ionia Counties every year. United Way communities tackle tough challenges and work with private, public, and nonprofit partners to boost education, economic mobility, health resources, and basic needs. This is done by mobilizing human and financial resources to positively impact our neighbors education, financial stability, and physical & emotional health. Assess community needs: provide outcome measurement training to various entities in the community; provide program assessment, review, and selection, administer grants, provide financial and stewardship oversight of grant recipients and participate in community partnerships including 211 database management and management of our volunteer center to advance common goals in the focused areas mentioned above.

Program 2

IRS Volunteer Return Preparation VITA: Volunteer Income Tax Assistance (VITA) Saved community members $58,000 in estimated tax preparation fees through our Volunteer Income Assistance Program...

Read more

IRS Volunteer Return Preparation VITA: Volunteer Income Tax Assistance (VITA) Saved community members $58,000 in estimated tax preparation fees through our Volunteer Income Assistance Program. Preparing and filing household taxes can be confusing and when filing on their own many people may miss credits for which they are eligible or be unable to file altogether. Additionally, many households cannot afford to spend part of their tax refund on costly tax preparation fees. For individuals and families making less than $57,000, the Volunteer Income Tax Assistance program has a team of IRS certified volunteers to provide free, high-quality tax return preparation, ensuring clients receive all eligible tax credits and deductions.

Program 3

Significant milestones this past year include playing a pivotal role in expanding the Earned Income Tax Credit (EITC) ensuring an average of $1,000 in income support for working parents of two...

Read more

Significant milestones this past year include playing a pivotal role in expanding the Earned Income Tax Credit (EITC) ensuring an average of $1,000 in income support for working parents of two children. We gave nearly 120,000 diapers to families in need. Local food pantries received 60,000 meals going to local food pantries. 16,117 pounds of food going to food-insecure children and homebound seniors. Nearly 248,000 feminine hygiene products have been provided to area schools. Hosted a property simulator for the community and our 4th annual Community Leaders Conference on Housing.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $347,427
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $347,431

Expense Breakdown

Grants Paid $123,099
Salaries & Benefits $197,374
Fundraising Expenses $23,943
Program Expenses $333,471
Other Expenses $76,043
TOTAL EXPENSES $396,516

Year-over-Year Comparison

2023 2022 Change
Revenue $347,431 $441,968 -0.2%
Expenses $396,516 $494,554 -0.2%
Net Income $-49,085 $-52,586 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
9
Volunteers
571

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
$91,389
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terri Legg President & CEO 45.00
Officer
$80,272 $11,117 $91,389
Kat Reed Director 1.50
Director
$0 $0 $0
Julie Stafford Director 1.50
Director
$0 $0 $0
Lisa Lund Director 1.50
Director
$0 $0 $0
Renae Osmolinski Director 1.50
Director
$0 $0 $0
Kristie Smith Director 1.50
Director
$0 $0 $0
Lauren Barker Director 1.50
Director
$0 $0 $0
Ben Wood Director 1.50
Director
$0 $0 $0
Jakob Bigard Director 1.50
Director
$0 $0 $0
James Chesley Director 1.50
Director
$0 $0 $0
Jeff Blanchard Director 1.50
Director
$0 $0 $0
Chris Clute Director 1.50
Director
$0 $0 $0
Justin Kessler Director 1.50
Director
$0 $0 $0
Dayna Ellis Director 1.50
Director
$0 $0 $0
Dan Mitchell Board Chair 2.00
Officer Director
$0 $0 $0
Sharon McInnis Secretary 2.00
Officer Director
$0 $0 $0
Dave Seppala Treasurer 2.00
Officer Director
$0 $0 $0
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
2024 $103,841 $182,049 No data $-78,208
2024 $347,431 $396,516 $212,480 $-49,085
2023 $441,968 $494,554 $285,267 $-52,586
2022 $571,648 $546,531 $309,043 $25,117
2021 $718,163 $641,432 $312,026 $76,731
2020 $284,346 $400,471 $263,121 $-116,125
2020 $298,509 $414,634 $263,121 $-116,125
2019 $312,573 $346,736 $313,946 $-34,163
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare United Way of Montcalm-Ionia Counties with other nonprofits in Michigan and across the country.