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United Way of Greater Cleveland Parent

aka United Way   |   Cleveland, OH   |  http://www.unitedwaycleveland.org
GuideStar Charity Check

United Way of Greater Cleveland

EIN: 34-6516654


Mission

United Way of Greater Cleveland mobilizes people and resources by creating solutions that improve lives and our community.

Ruling year info

1960

President & CEO

Sharon Sobol Jordan

Main address

1331 Euclid Avenue

Cleveland, OH 44115 USA

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EIN

34-6516654

Subject area info

Elementary and secondary education

Adult education

Out-of-school learning

College preparation

Early childhood education

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Population served info

Children and youth

Infants and toddlers

Children

Adolescents

Young adults

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NTEE code info

Fund Raising Organizations That Cross Categories includes Community Funds/Trusts and Federated Giving Programs) e.g. United Way (T70)

Fund Raising and/or Fund Distribution (P12)

What we aim to solve

SOURCE: Self-reported by organization

United Way of Greater Cleveland is a cornerstone of compassionate support, mobilizing people and resources to create solutions to critical issues impacting our community: Basic Needs--housing, transportation, food; Education--kindergarten readiness, grade-level reading, after-school mentoring; Health--substance abuse and mental health treatment, chronic disease management, violence prevention; and Financial Stability--job training, adult literacy, financial literacy.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Economic Mobility

Intergenerational economic mobility – the likelihood that children born into families with low wealth can achieve a higher standard of living is often hampered by high poverty rates, shrinking populations and declining economic standing. The Economic Mobility strategy is about making sure kids start kindergarten ready to learn and paving career pathways to living-wage jobs for teens and adults.

Population(s) Served
Economically disadvantaged people
Children
Infants and toddlers
Adults

Many chronic health conditions are rooted in the social determinants of health, and health inequities are a plague in Greater Cleveland, especially among low-income neighborhoods and communities of color. The Health Pathways strategy targets medical and social determinants of health to address chronic health conditions and improve health outcomes.

Population(s) Served
Economically disadvantaged people
Seniors
Older adults

Living under the threat of eviction or in the midst of homelessness can lead to poor health and educational outcomes and decrease the chances of escaping generational, systemic poverty. The Housing Stability strategy rests on a foundation of decreasing homelessness and keeping homes and families safe.

Population(s) Served
Economically disadvantaged people
Homeless people
Families

The Community Hub focuses on addressing the here-and-now needs of individuals living in poverty. It is comprised of the 24/7, free and confidential, United Way 211 helpline as well as strategic funding partners and the Center for Social Service Excellence.

Population(s) Served
Economically disadvantaged people
Adults

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

For more than 100 years, United Way of Greater Cleveland has been committed to creating lasting, positive change throughout our community. Through the work of our 115 funded programs, we strive to ensure that families and individuals are healthy and financially stable; that our children are well educated and on the road to reaching their greatest potential; that even those carrying tremendous burdens are safe and provided with the resources they need to help them become self-sufficient.

Our strategies are contained within our four priority areas: education, financial stability, health and basic needs. In education, our strategies focus on kindergarten readiness, grade-level reading and after-school and mentoring programs. In financial stability, our strategies focus on job training for adults and teens, adult literacy and GED attainment and financial literacy programs. In health, our strategies focus on violence prevention, substance abuse and mental health treatment, and chronic disease management programs. And in basic needs, our strategies focus on food stability, emergency shelter and housing, and access to transportation and medication.

Financials

United Way of Greater Cleveland
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.25

Average of 0.39 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2.5

Average of 1.9 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

28%

Average of 28% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

United Way of Greater Cleveland

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

United Way of Greater Cleveland

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

United Way of Greater Cleveland

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of United Way of Greater Cleveland’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$3,141,304 -$4,923,475 -$6,464,773 $6,217,619 $1,972,493
As % of expenses -8.0% -13.1% -27.9% 27.9% 11.3%
Unrestricted surplus (deficit) after depreciation -$3,816,097 -$5,634,248 -$7,041,088 $5,478,174 $1,240,863
As % of expenses -9.6% -14.7% -29.6% 23.8% 6.8%
Revenue composition info
Total revenue (unrestricted & restricted) $38,366,127 $35,417,615 $24,528,914 $24,680,854 $18,584,237
Total revenue, % change over prior year -3.6% -7.7% -30.7% 0.6% -24.7%
Program services revenue 15.0% 21.9% 18.6% 28.0% 13.8%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.4% 0.4% 0.4% 0.4% 1.6%
Government grants 0.0% 0.0% 0.0% 7.7% 0.0%
All other grants and contributions 82.5% 77.1% 78.2% 61.1% 82.2%
Other revenue 2.0% 0.6% 2.8% 2.8% 2.4%
Expense composition info
Total expenses before depreciation $39,213,945 $37,556,998 $23,171,416 $22,305,356 $17,529,493
Total expenses, % change over prior year -2.0% -4.2% -38.3% -3.7% -21.4%
Personnel 22.9% 23.9% 39.8% 37.5% 46.2%
Professional fees 5.8% 6.7% 6.1% 8.4% 7.5%
Occupancy 1.1% 2.9% 3.2% 3.3% 5.1%
Interest 0.0% 0.0% 0.8% 1.5% 2.0%
Pass-through 64.9% 59.5% 38.5% 40.3% 29.0%
All other expenses 5.3% 7.0% 11.6% 8.9% 10.3%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $39,888,738 $38,267,771 $23,747,731 $23,044,801 $18,261,123
One month of savings $3,267,829 $3,129,750 $1,930,951 $1,858,780 $1,460,791
Debt principal payment $0 $0 $0 $170,601 $179,129
Fixed asset additions $0 $0 $9,425,835 $0 $0
Total full costs (estimated) $43,156,567 $41,397,521 $35,104,517 $25,074,182 $19,901,043

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 1.2 1.1 2.1 2.0 2.5
Months of cash and investments 4.6 3.7 5.3 6.1 6.9
Months of estimated liquid unrestricted net assets 1.6 -0.1 -4.3 -1.2 -0.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $3,917,176 $3,320,204 $4,054,603 $3,771,151 $3,660,757
Investments $11,184,820 $8,140,671 $6,169,859 $7,525,521 $6,421,292
Receivables $16,050,688 $16,262,539 $16,026,809 $13,817,883 $14,023,743
Gross land, buildings, equipment (LBE) $14,558,332 $14,675,386 $24,101,221 $24,012,946 $24,095,713
Accumulated depreciation (as a % of LBE) 61.4% 63.3% 40.9% 44.1% 47.0%
Liabilities (as a % of assets) 62.0% 71.1% 94.6% 82.2% 80.0%
Unrestricted net assets $10,839,343 $5,205,095 -$1,835,993 $3,642,181 $4,883,044
Temporarily restricted net assets $2,919,622 $4,166,663 N/A N/A N/A
Permanently restricted net assets $250,000 $250,000 N/A N/A N/A
Total restricted net assets $3,169,622 $4,416,663 $4,166,683 $3,295,662 $2,583,936
Total net assets $14,008,965 $9,621,758 $2,330,690 $6,937,843 $7,466,980

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President & CEO

Sharon Sobol Jordan

Sharon has served in top leadership, strategy, business, and advisory roles in a wide-ranging career that has crossed sectors, disciplines, and boundaries. Before her appointment as the first woman to lead United Way of Greater Cleveland as President & CEO, she was Founder & CEO of OpenSpace Solutions LLC. She previously served as President and Board member of Unify Labs, a nonprofit tech innovation lab with the mission of powering inclusive prosperity, after serving as Chief of Staff for Cuyahoga County where she drove key strategic initiatives including early childhood education expansion and workforce systems transformation. Sharon was the first woman to serve as President & CEO of The Centers for Families and Children, one of Ohios oldest and largest non-profit human service corporations. She served as Clevelands Law Director and Special Counsel to Mayor Michael White after starting her career in the private practice of law with Schneider Smeltz Spieth Bell.

Number of employees

Source: IRS Form 990

United Way of Greater Cleveland

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

United Way of Greater Cleveland

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

United Way of Greater Cleveland

Board of directors
as of 01/19/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Vanessa Whiting, Esq.

AES Management Corp

Term: 2023 - 2025

Paul J Dolan

Cleveland Guardians

Enid Rosenberg

Community volunteer

Vanessa L Whiting, Esq.

AES Management Corp

James A Ratner

RMS Investment Group

Andrew J Paine III

Key Institutional Bank

Victor Ruiz

Esperanza, Inc.

Keith J Libman

Bober Markey Fedorovich & Co.

Sonali B Wilson, Esq.

Cleveland State University

Patrick M Pastore

PNC Bank

Sharon Sobol Jordan

United Way of Greater Cleveland

Chris Adams

Park Place Technologies

Jeffrey D Zimon

Zimon LLC

Kim Meisel Pesses

Carnegie Companies Inc

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.