Capital Area United Way Inc

EIN: 381363572 501(c)(3)

Lansing, MI

Total Revenue
$2,839,512
Total Expenses
$2,181,223
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
MI
Principal Officer
Teresa L Kmetz
Phone
5172035000
Tax Period
2021-07-01 to 2022-03-31

Capital Area United Way Inc, founded in 1950, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2021. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $658K, a strong 23% operating margin.

Mission

Capital Area United Way mobilizes financial and volunteer resources, partners and voices to address the inequities in economic and educational outcomes to increase the number of financially stable families.

Program Service Accomplishments

Program 1
Expenses: $1,308,927 Revenue: $69,971

Capital Area United Way does what no single organization can do alone. We tackle the toughest issues facing our community by listening to and engaging people with lived experience to select the...

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Capital Area United Way does what no single organization can do alone. We tackle the toughest issues facing our community by listening to and engaging people with lived experience to select the issues and strategies we address and the programs we support. We mobilize financial and volunteer resources, partners, and voices to provide the basic building blocks of a good quality of life and a strong community - education, financial stability and health.

Program 2
Expenses: $203,699 Revenue: $0

The Capital Area College Access Network is a community collaborative focused on making completion of postsecondary education an achievable reality for all residents in the capital area by fostering...

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The Capital Area College Access Network is a community collaborative focused on making completion of postsecondary education an achievable reality for all residents in the capital area by fostering high educational aspirations through the alignment of our institutions and resources. The Goal of Capital Area College Access Network (CapCAN) is to increase college and career readiness, participation and completion particularly among low-income, first generation college-going students and students of color.

Program 3
Expenses: $148,018 Revenue: $0

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...

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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. VITA volunteers annually bring more than $5 million back to our community.

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,768,153
Program Service Revenue $69,971
Investment Income $1,388
Other Revenue $0
TOTAL REVENUE $2,839,512

Expense Breakdown

Grants Paid $958,255
Salaries & Benefits $880,853
Fundraising Expenses $228,319
Program Expenses $1,660,644
Other Expenses $342,115
TOTAL EXPENSES $2,181,223

Year-over-Year Comparison

2021 2020 Change
Revenue $2,839,512 $3,555,041 -0.2%
Expenses $2,181,223 $3,798,378 -0.4%
Net Income $658,289 $-243,337 -3.7%
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
34
Independent Members
34
Employees
17
Volunteers
398

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
6
$216,056
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teresa Kmetz President & CEO 45.00
Officer
$113,146 $2,031 $115,177
James E Eddy Chief Financial Officer 41.00
Officer
$84,668 $16,211 $100,879
Jamie Rabe Board Chair 5.00
Officer Director
$0 $0 $0
Dru Mitchell Board Vice Chair 1.00
Officer Director
$0 $0 $0
Deb Bittner Secretary 3.00
Officer Director
$0 $0 $0
Erik Decker Treasurer 3.00
Officer Director
$0 $0 $0
Jerry Swartz Immediate Past Chair 3.00
Director
$0 $0 $0
Whitney Anderson-Harrell Director 1.00
Director
$0 $0 $0
Sarah Anthony Director 1.00
Director
$0 $0 $0
Teri Bernero Director 1.00
Director
$0 $0 $0
Renee Brown Director 1.00
Director
$0 $0 $0
Tony Chandler Director 1.00
Director
$0 $0 $0
Ben Frantz Director 1.00
Director
$0 $0 $0
Jackie Gordon Director 1.00
Director
$0 $0 $0
David Hockaday Director 1.00
Director
$0 $0 $0
Unaa Holiness Director 1.00
Director
$0 $0 $0
Mike Huerta Director 1.00
Director
$0 $0 $0
Chris Keck Director 1.00
Director
$0 $0 $0
Marcus Kirkpatrick Director 1.00
Director
$0 $0 $0
L Robert McConnell Director 1.00
Director
$0 $0 $0
James McCurtis Director 1.00
Director
$0 $0 $0
Rick Olivarez Director 1.00
Director
$0 $0 $0
Jim Paul Director 1.00
Director
$0 $0 $0
Susan Porrett Director 1.00
Director
$0 $0 $0
Muhammad Qawwee Director 1.00
Director
$0 $0 $0
Alfonso Salias Director 1.00
Director
$0 $0 $0
Andy Schor Director 1.00
Director
$0 $0 $0
Leah Ann Sherer Director 1.00
Director
$0 $0 $0
Lucianna Solis Director 1.00
Director
$0 $0 $0
Kate Studley Director 1.00
Director
$0 $0 $0
Jayme Taylor Director 1.00
Director
$0 $0 $0
Edward Thomas Director 1.00
Director
$0 $0 $0
Chris Tyler Director 1.00
Director
$0 $0 $0
Satya Veerapaneni Director 1.00
Director
$0 $0 $0
Lisa Webb-Sharp Director 1.00
Director
$0 $0 $0
Ashlee Willis Director 1.00
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
2022 $2,839,512 $2,181,223 No data $658,289
2021 $3,555,041 $3,798,378 $5,202,973 $-243,337
2020 $4,129,749 $4,107,551 $4,855,755 $22,198
2019 $4,124,700 $4,161,517 $4,996,313 $-36,817
2018 $4,178,716 $4,068,403 $5,104,144 $110,313
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