HEART OF MAINE UNITED WAY

BANGOR, ME, 04401-6800 (207) 941-2800 Est. 1937 EIN 01-0211478
T700— Philanthropy & Grantmaking Form 990 501(c)(3)
www.unitedwayem.org

Mission

SINCE 1937, HEART OF MAINE UNITED WAY (HOMEUW) HAS BEEN MOBILIZING THE CARING POWER OF PEOPLE AND COMMUNITIES THROUGHOUT HANCOCK, PENOBSCOT, PISCATAQUIS, SOMERSET, WALDO, AND WASHINGTON COUNTIES TO PROVIDE ESSENTIAL SERVICES AND IDENTIFY SOLUTIONS AIMED AT CREATING LASTING CHANGES TO THE ROOT CAUSES OF THE COMMUNITY'S MOST PRESSING NEEDS. HOMEUW IS FOCUSED ON IMPROVING BASIC NEEDS, SUBSTANCE USE DISORDER AND EARLY CHILDHOOD DEVELOPMENT. WE ACCOMPLISH OUR RESULTS BY BRINGING TOGETHER SUBJECT EXPERTS, BUSINESS LEADERS, DONORS, NEIGHBORHOODS, AND MEMBERS OF LOCAL NONPROFIT AGENCIES. THESE COMMUNITY MEMBERS HELP IDENTIFY OUR COMMUNITY'S MOST CRITICAL SOCIAL ISSUES. IN FORMING THESE PARTNERSHIPS, WE ARE BETTER ABLE TO ADDRESS THE UNDERLYING CAUSES OF PROBLEMS IN OUR COMMUNITY AND PREVENT THEM FROM HAPPENING. HOMEUW RAISES FUNDS FROM THE COMMUNITY TO ADDRESS THE UNDERLYING ROOT CAUSE OF THE COMMUNITY'S MOST PRESSING ISSUES. IN THE PAST YEAR MORE THAN 122,000 INDIVIDUALS WERE SUPPORTED THROUG

Giving Portfolio

Total Grants
212
Total Giving
$5.7M
Recipients
207
Years Active
2017 - 2023
Avg grant: $26,782 Median: $17,667

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202337$889K $24K334
202241$968K $24K1427
202131$841K $27K326
202031$862K $28K229
201942$1.3M $31K2317
201730$814K $27K290

Sectors Funded

Human Services
68
Health Care
14
Mental Health & Crisis Intervention
13
Education
13
Food, Agriculture & Nutrition
11
Philanthropy & Grantmaking
9
Diseases & Disorders
3
Youth Development
3
and 3 more sectors

Top States

Maine
207
Maryland
3
New Hampshire
1
Virginia
1

Grantee Size Profile

$1M - $5M
39
$10M - $50M
34
$100K - $500K
32
$5M - $10M
29
$500K - $1M
25
Over $50M
18

Top Grantees

Page 1 of 3
ME - 6 grants
$430K
ME - 4 grants
$362K
$332K
ME - 6 grants
$265K
ME - 4 grants
$204K
ME - 3 grants
$171K
$165K

Grants Awarded · 184 grants

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Financials

Total Revenue
$2,399,405
Total Expenses
$2,263,073
Net Assets
$4,836,437
11 employees 488 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
2.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 1.2%
Expenses ↓ 1.8%
Revenue Sources
Contributions 77.4% Investment 21.2% Other 1.0%
Expense Breakdown
Program 75.4% Management 2.5% Fundraising 22.1%

Officers & Trustees (18)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Jul 1, 2023 to Jun 30, 2024
$2,399,405 $2,263,073$4,836,437
2022 Form 990
Jul 1, 2022 to Jun 30, 2023
$2,428,940 $2,304,205$4,752,575
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$2,989,676 $2,250,284$4,651,355
2020 Form 990
Jul 1, 2020 to Jun 30, 2021
$3,233,718 $2,638,232$5,369,781
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$2,744,404 $2,638,878$4,690,022
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$2,323,100 $2,326,194$4,880,124

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EIN: 01-0211478 · Source: IRS Form 990 e-file data