UNITED WAY OF VERMILLION

EIN: 363535078 501(c)(3)

Vermillion, SD

Total Revenue
$289,418
Total Expenses
$308,291
Total Assets
$780,567
Net Assets
$489,320
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
SD
Principal Officer
Kelsey Collier-Wise
Phone
6056245354
Tax Period
2023-01-01 to 2023-12-31

UNITED WAY OF VERMILLION, founded in 1956, is a small nonprofit that reported $298K in total revenue in fiscal year 2018. Revenue surged 378% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 27% operating margin.

Mission

Uniting people and resources to build a stronger community.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $287,529
Program Service Revenue $0
Investment Income $1,889
Other Revenue $0
TOTAL REVENUE $289,418

Expense Breakdown

Grants Paid $104,744
Salaries & Benefits $99,606
Fundraising Expenses $17,211
Program Expenses $260,419
Other Expenses $103,941
TOTAL EXPENSES $308,291

Year-over-Year Comparison

2023 2022 Change
Revenue $289,418 $328,340 -0.1%
Expenses $308,291 $269,960 +0.1%
Net Income $-18,873 $58,380 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
4
Volunteers
150

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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leslie Gerrish President 2
Officer Director
$0 $0 $0
Curt Nelson Vice-President 1
Officer Director
$0 $0 $0
Bergen Peterson Treasurer 2
Officer Director
$0 $0 $0
Trish Felecos Secretary 1
Officer Director
$0 $0 $0
Ionela Georgescu Board member 1
Director
$0 $0 $0
Kimmarie Johnson Board member 1
Director
$0 $0 $0
Maxine Johnson Board member 1
Director
$0 $0 $0
Sheri Ouellette Board member 1
Director
$0 $0 $0
Chad Passick Board Member 1
Director
$0 $0 $0
Scott Pohlson Board member 1
Director
$0 $0 $0
Sara Schulte Board member 1
Director
$0 $0 $0
Lana Svien Board member 1
Director
$0 $0 $0
Darwin VanDenOever Board member 1
Director
$0 $0 $0
Rhonda Howe Board member 1
Director
$0 $0 $0
Janice McGuire Board member 1
Director
$0 $0 $0
Kathryn Birkeland President 2
Officer
$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 No data No data No data No data
2023 $289,418 $308,291 $780,567 $-18,873
2022 $328,340 $269,960 $811,070 $58,380
2021 $436,815 $376,555 $845,241 $60,260
2020 $443,116 $316,608 $873,324 $126,508
2019 $440,144 $417,365 $809,218 $22,779
2018 $297,631 $216,082 $489,245 $81,549
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