Governance: Statement of Activities

about us: governance: statement of activities

Audited Statement of Activities

June 30, 2003

			2003	2002
Campaign amounts raised			$26,331,908	27,539,101
Add:
		Contributions from other United Way campaigns, net of donor designations	$31,909	0
Less:
		Uncollectible pledges	($571,600)	($1,161,979)

		Community Health Charities' share of campaign (including designations)	($3,897,759)	($3,954,618)
		Amounts designated by donors	($6,970,297)	($6,582,226)
		Net campaign pledge revenue	$14,924,161	$15,840,278
Other revenue:
	Investment income, net of fees of $78,364 and $61,447, respectively		$301,280	$412,242
	Loss on sales of investments		($186,333)	($279,440)
	Income from trusts held by others		$395,204	$376,416
	Legacies and bequests		$23,046	$49,057
	Community grants, initiatives and service income		$263,027	$56,096
	Administrative fees on amounts raised on behalf of others		$156,267	$277,600
	Rental income		$104,880	$176,690
	Miscellaneous revenues		$628,435	$627,214
	Total other revenue		$1,685,806	$1,695,875
		Total support and revenue	$16,609,967	$17,536,153
Community support and program expenses:
	Agency support		$12,245,523	$10,956,142
	Grants and initiatives		$127,666	0
	Community services		$1,841,205	$1,529,402
		Total community support and program expenses	$14,214,394	$12,485,544

Support services:
	Fundraising		$2,399,446	$2,543,759
	Management and general		$785,718	$584,084
		Total community support, program and support services	$17,399,558	$15,613,387
Non-operating revenues and expenses:
Unrealized gains (losses) on investments			$70,177	($947,403)
Unrealized (losses) on investments held in trust by others			($152,502)	($840,770)
Change in net assets			$(871,916)	$134,593
Net assets, beginning of year			$16,630,162	$16,495,569
Net assets, end of year			$15,758,246	$16,630,162