Operations matter . . .


Click here for our 2004 Annual Report in .pdf format for you to download.

Finance/Administration

The Finance Committee is comprised of volunteers from the community with diverse backgrounds and experience. The Committee's membership launches the annual budget from conception through to the Board of Directors approval. Throughout the year, the Committee reviews fiscal data to assure compliance with budget, generally accepted accounting practices and Board of Directors decisions. In addition, the Finance Committee develops methods for increasing donor pledges, decreasing the amount of uncollectibles loss and utilizing assets in the most advantageous manner for the organization.

Investing in Your Community

Since the founding of United Way of Greater Williamsburg in 1949, over 27 million dollars have been raised to help thousands of people in our community. Volunteers with extensive financial background work with our staff to ensure prudent stewardship of each donor’s contribution.

For 2004, the amount of program support included in United Way operations was $61,467. The balance, $253,501 represents the unaudited cost of general administration and fund-raising, which was 15% of our $1,648,510 in revenues for 2004. These revenues include amounts designated by contributors for specific agencies and are net of an allowance for uncollectible pledges. This methodology is consistent with prior years.


In July 2004, however, United Way of America issued revised standards for computing and reporting overhead. These standards require that designated contributions be excluded from the calculation. This will result in an overhead rate greater than 15% for 2004. An independent auditor’s report applying the revised guildelines will be available in the summer of 2005. Prior to issuing their report, we will request that our auditors include both rates and an explaination of the difference.

Financial Activity Summary for Year 2004

(Unaudited)

Sources of support:

Fall 2003 Campaign For 2004 $1,399,185

(net of estimated collection losses)

Received from other United Ways 34,867

Combined Federal and Combined Virginia Campaigns 96886

Government & Other Support For CRS programs 12,500

Interest Income 9,299

Receipts from out-of-town companies 10,459

Restricted use grants 85,314

Total Sources of Support: $1,648,510

Use of unrestricted surplus 45,129

Total $1,693,639

Uses:

Member Agency Funding $1,088,945

Designations To Non-Member Agencies 61,659

Community Resource Service Program Cost 124,668

United Way Operations 314,968 (A portion of United Way operations is program support)

Dues To National & State United Way 13,085

Allocated support of community needs assessment 5,000

Restricted use grants 33,085

Capital Expenditures 31,463

Carry over of restricted use grants 20,766

Total Uses $1,693,639

This report is an unaudited summary of the financial activity for 2004. An independent auditor's report for 2004 will be available in the summer of 2005.

 

Carefully Managing Resources

United Way volunteers ensure that every member agency receiving funds is a nonprofit, tax-exempt, volunteer led charity that submits to an annual, independent financial audit; if required, and provides services at a reasonable cost.

Major Accomplishments for 2003/2004

*Requested, received and reviewed proposals for independent audit of financial records.

*Contracted with external auditor for three year period, consistent with industry standards.

*Developed revenue and expense budget for 2005.

*Monitored operating expenditures during 2004 ensuring budget compliance.

*Improved timeliness in collection of campaign pledges by 3% over previous year.

*Obtained "unqualified opinion" of an independent auditor for fiscal year 2003.

Personnel

The work of the United Way is predominately driven by dedicated volunteers and supported by the United Way staff. It is a dynamic process involving hundreds of people committed to working together in order to "help one another." The Personnel Committee works closely with the Executive Director to provide a professional context and setting to support and enhance the staff. The staff is provided development opportunities and in-service training. All personnel have up-to-date computer support including Internet access and email. All of us look forward to interacting with the community through this wonderful web page*.
Our United Way has a wonderful, caring and productive staff. We as a community benefit from their strong allegiance to our mission. The Personnel Committee is honored to support this team and their quality of work.

*Please visit the Staff page to email the staff directly.

Marketing/Communications

Every year, individuals, businesses, and corporations contribute time, money, and labor to help the United Way make our community a better place for all of our citizens. Your United Way uses these contributions to make a difference in the daily lives of people in the Greater WIlliamsburg area, and the results of these good works should be shared.  Getting the message out to our community about the United Way being a solutions provider is challenging because of our limited resources.

The members of the Marketing Committee, using their creativity, energy and resources, worked to improve the visibility of UWGW and increase awareness of our mission in the community.

2004 Marketing Recognitions:

* Chesapeake Bank sponsored a full page "Thank You" ad in the Virginia Gazette

*Daily Press kindly donated a series of six advertisements in 2004. These advertisements focused on United Way dollars at work in our community.

*In 2001 the Marketing Committee began creating an informative bi-monthly newsletter. In 2004 this has been expanded to a larger newsletter which is issued quarterly. It is available on our main website in .pdf format, or a copy can be mailed to you. To sign up for this newsletter please email Zena Myall, our Marketing Coordinator myallz@uwgw.org

*In 2001/2002/2003/2004 Cox Communications broadcast interviews with United Way leadership

*Metro Video Productions produced the 2002, 2003 and 2004 Campaign Videos. Unlike past campaign videos, these 10-minute films guide the viewer through various United Way Member Agencies in action, along with clients who have been assisted through United Way of Greater Williamsburg. These videos will serve many purposes and be used in both campaign and educating future United Way volunteers for years to come.

*The Virginia Gazette and the Daily Press increased their coverage

*The Virginia Gazette worked with United Way of Greater Williamsburg to update the annual Helpline/Classline and Summerline publications.

*WMBG radio station ran a series of psa's during the campaign months.

*Colonial Williamsburg and Henderson Construction included regular articles in their newsletters about United Way and out funded programs.

Throughout the next year, we will increase our efforts to reach the people in our community.  We will strive to insure that every person knows where to turn or how to help.

Through these efforts, our message is reaching a much larger audience than ever before. As a result of these efforts, United Way of Greater Williamsburg is positioned as the unified voice and catalyst of change in the community for health/human service planning and solutions.

Special Publications - In 2002 and 2003 volunteers worked with Williamsburg Community Trust, the Virginia Gazette and GuideStar to create and then update the Leave a Legacy Charitable Gifting Guide.