United Way of Fort McMurray

1 C.A. Knight Way
Fort McMurray, AB T9H 5C5
Executive Director: Diane Shannon
Board President: Ben Dutton

Website: www.fmunitedway.com
Charitable Reg. #: 11926 0495 RR0001
Sector: Fundraising Organization
Public Foundation

Social Results Reporting

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #8

Avg. Compensation $68,235

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 1
$40k - $80k 5
< $40k 1
Information from most recent CRA Charities Directorate filings for F2014

About United Way of Fort McMurray:

The United Way of Fort McMurray is dedicated to improving the quality of life in its community and raises funds to address human service needs in the Wood Buffalo region in Alberta. The organization funds a number of agencies, specifically focusing on poverty, health, and children. It raises funds primarily through the annual Community Campaign, which includes donations from company payrolls, corporations and individuals.

In F2014 United Way of Fort McMurray made grants to 27 agencies. It focuses its investments on three main areas, designating 56% of contributions to Strong Communities programs, 23% to All That Kids Can Be, and 21% to From Poverty to Possibility. The top 5 grant recipients in F2014 were the Centre of Hope ($564k or 9%), Pastew Place Detox Centre ($557k or 9%), Some Other Solutions Society for Crisis Prevention ($439k or 7%), The Salvation Army ($426k or 7%), and The Hub Family Resource Centre ($403k or 7%).

Financial Review:

In F2014 administrative costs were 4% of revenues and fundraising costs were 6% of donations. The organization has funding reserves of $10.6m, which cover annual program costs 1.7 times.

This charity report is an update that is being reviewed by United Way of Fort McMurray. Changes and edits may be forthcoming.

Updated July 9, 2015 by Zoe Best.

Financial Ratios

Fiscal year ending December
201420132012
Administrative costs as % of revenues 4.3%4.2%3.2%
Fundraising costs as % of donations 6.2%5.6%7.2%
Program cost coverage (%) 168.4%149.2%175.5%

Summary Financial Statements

All figures in $000s
201420132012
Donations 7,7527,7367,120
Investment income 13817291
Other income 0370
Total revenues 7,8907,9457,211
Program costs 13011693
Grants 6,1426,2385,135
Administrative costs 332327231
Fundraising costs 478437511
Cash flow from operations 8078271,242
Funding reserves 10,5639,4839,176
Note: Ci reported net income from business activities (Redpoll Centre) on a net basis, reducing revenues and expenses by $212k in F2013, $214k in F2013, and $205k in F2012; however, these business activities reported $0 in net income for each year. Ci adjusted for amortization, reducing both administrative and fundraising costs by $7k in F2014 and F2013, and reducing administrative costs by $5k and fundraising costs by $3k in F2012.

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