• Campaign Chair Ryan Hamilton and his team raised a record $3,505,937 for the 2012-2013 campaign. These funds benefit United Way of Midland’s (UWM) programs, initiatives and community grants. • UWM hosted its inaugural Run a K for United Way on April 6, 2013. The 5K and 10K race drew 119 participants. In addition, the generosity of sponsors enabled us to raise $12,877. • The work of the Transitional Housing Steering Committee continued throughout 2013. The Family Promise of Midland and UWM collaboration, Families Forward, became a reality in December, when a duplex was acquired and the first family moved into a unit. This family was able to enjoy Christmas in their temporary new home. Ground will be broken later this spring for the construction of two more duplexes. • During the Summer of 2013 UWM partnered with Casa de Amigos to pilot Club Read. Club Read is a program to prevent summer reading loss in low income children. 72 children in second through seventh grade received a reading kit, consisting of five books to keep and a journal. UWM is monitoring the reading grades of these students and preliminary reports show the majority improved their reading grade. • In August a Women’s Leadership Council (WLC) Steering Committee was formed. Later in 2013, 40 charter members were recruited and donated more than $40,000 towards a Ready to Read initiative. Ready to Read is designed to enhance early grade literacy. In February, WLC gave literacy kits to 88 Pre-K and Head Start students at Crockett Elementary. Volunteers read to the students every other week and present them with a book each time. We will monitor the reading and literacy progress made by these children through the third grade. Ellen House serves as Chair and Jayne Krawietz as Vice Chair. • The 12th Annual XTO and Concho Resources Bustin’ Clay for United Way was another great success. The event kicked off the 2013-2014 United Way campaign by raising $182,000, thanks to the generosity of sponsors and participants. • In January 2014, UWM sponsored its second season of USA Fit Midland. The 12-week training program prepared about 40 walkers and runners along with 10 volunteer coaches, for the second annual Run a K for United Way. ANNUAL REPORT 2013 United Way of Midland ANNUAL HIGHLIGHTS April 2013 - March 2014 49 Programs 5 Initiatives $3.5M Invested
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Current assets: Current liabilities:Cash $345,387 Accounts payable and other $21,661Certificates of deposit and other Due to (from) other funds 10,751 cash investments 2,329,001 Due to program providers 3,528,682Marketable securities 3,356,019 Due to state & national affiliations 45,297Pledges receivable, less allowance Grants payable 525,938 for uncollectible accounts of $ 223,059 900,313 Total current liabilities 4,132,329Accrued interest & other current assets 15,782Total current assets 6,946,502 Net assets 2,814,173
Total liabilities and Total Assets $6,946,502 Net Assets $6,946,502
Property and equipment: Current liabilities: Land $61,380 Due to (from) other funds ($10,751) Building 280,310 Total current liabilities (10,751) Furniture, fixtures and equipment 185,787 Total property & equipment 527,477 Net assets 215,684 Less accumulated depreciation (322,544) Net property & equipment 204,933 Total liabilities and Total Assets $204,933 Net Assets $204,933
Current assets: Current liabilities:Cash $ 0 Due to (from) other funds $ 0
Total current liabilities 0Total current assets 0 Net assets:
Endowment Fund 0 Income Fund 0Total Net Assets 0Total liabilities and
Total Assets $0 Net Assets $0
Investments $597,896 Net Assets $597,896
Total liabilities 4,121,578Total Unrestricted Assets $7,749,331 Total Unrestricted Net Assets $3,627,753Total Assets $7,749,331 Total Liabilities and Net Assets $7,749,331
Future Interest $1,880,378 Temporarily Restricted Net Assets $1,880,378
Certificates of deposit and other cash investments $500,000 Permanently Restricted Net Assets $500,000
ASSETS LIABILITIES AND NET ASSETS
United Way Permanent Fund - Unrestricted
Total Assets, Liabilities & Net Assets - All Unrestricted Funds
Temporarily Restricted Future Interest
Permanently Restricted
Priority Grant Fund - Unrestricted
Current Fund - Unrestricted
Land, Building & Equipment Fund - Unrestricted
1209WestWallMidland,TX79701
UWMidland.orgPhone:432.685.7700
Fax:432.682.4462
49Programs
5Initiatives
$3.5MInvested
United Way of Midland, Inc.STATEMENT OF FINANCIAL POSITION
Community Investment CommitteeGregDoveRyanHamiltonStevenT.JeffcoatJodyLouderToddMeade,ChairMartinF.Ruehl,Vice ChairAndyShaffer
AmandaSirutaRamonaThomas
Community Investment VolunteersHealth Panel MembersKatieBrownKarmenBryantDebbieGrayShannonLawrenceBrentLunsfordElizabethMcWilliamsToddMeadeTrishaSchumannAmandaSiruta,ChairChristopherStout
Community Investment CommitteeGregDoveRyanHamiltonStevenT.JeffcoatJodyLouderToddMeade,ChairMartinF.Ruehl,Vice ChairAndyShaffer
AmandaSirutaRamonaThomas
Community Investment VolunteersHealth Panel MembersKatieBrownKarmenBryantDebbieGrayShannonLawrenceBrentLunsfordElizabethMcWilliamsToddMeadeTrishaSchumannAmandaSiruta,ChairChristopherStout
Current assets: Current liabilities:Cash $345,387 Accounts payable and other $21,661Certificates of deposit and other Due to (from) other funds 10,751 cash investments 2,329,001 Due to program providers 3,528,682Marketable securities 3,356,019 Due to state & national affiliations 45,297Pledges receivable, less allowance Grants payable 525,938 for uncollectible accounts of $ 223,059 900,313 Total current liabilities 4,132,329Accrued interest & other current assets 15,782Total current assets 6,946,502 Net assets 2,814,173
Total liabilities and Total Assets $6,946,502 Net Assets $6,946,502
Property and equipment: Current liabilities: Land $61,380 Due to (from) other funds ($10,751) Building 280,310 Total current liabilities (10,751) Furniture, fixtures and equipment 185,787 Total property & equipment 527,477 Net assets 215,684 Less accumulated depreciation (322,544) Net property & equipment 204,933 Total liabilities and Total Assets $204,933 Net Assets $204,933
Current assets: Current liabilities:Cash $ 0 Due to (from) other funds $ 0
Total current liabilities 0Total current assets 0 Net assets:
Endowment Fund 0 Income Fund 0Total Net Assets 0Total liabilities and
Total Assets $0 Net Assets $0
Investments $597,896 Net Assets $597,896
Total liabilities 4,121,578Total Unrestricted Assets $7,749,331 Total Unrestricted Net Assets $3,627,753Total Assets $7,749,331 Total Liabilities and Net Assets $7,749,331
Future Interest $1,880,378 Temporarily Restricted Net Assets $1,880,378
Certificates of deposit and other cash investments $500,000 Permanently Restricted Net Assets $500,000
ASSETS LIABILITIES AND NET ASSETS
United Way Permanent Fund - Unrestricted
Total Assets, Liabilities & Net Assets - All Unrestricted Funds
Temporarily Restricted Future Interest
Permanently Restricted
Priority Grant Fund - Unrestricted
Current Fund - Unrestricted
Land, Building & Equipment Fund - Unrestricted
1209WestWallMidland,TX79701
UWMidland.orgPhone:432.685.7700
Fax:432.682.4462
49Programs
5Initiatives
$3.5MInvested
United Way of Midland, Inc.STATEMENT OF FINANCIAL POSITION