2013 Round-Up Annual Report...
2
Round-Up Foundation Grants in 2013 The Round-Up Foundation granted more than $88,000 in assistance to groups and individuals in 2013. The current monthly income to the program is over $7,100, with about 20% of United Power members contributing to the foundation every month. In addition to monthly contributions from the customers who “round up” their bills, the foundation receives one-time donations from individuals and groups throughout the year. R O U N D OPERATION U P Give to Round-Up Sign Up Today Yes! Sign me up for Operation Round-Up. Name: Address: Phone Number: E-mail: Account Number: Thank you for signing up for Operation Round-Up. Your tax deductible donation, an average of just $6 per year, will make a big difference in someone’s life. All Round- Up contributions stay in your community so your assistance goes directly to your neighbors in need. ONLINE: www.unitedpower.com CALL: 303-637-1300 FAX: 303-659-2172 MAIL: PO BOX 929 Brighton, CO 80601 Give to Round-Up Sign Up Today Call 303.637.1300 It’s easy to support the program by just “rounding up” your bill to the next full dollar amount. The average donation is about 50 cents per month, or about $6 per year, and it is tax deductible for most people. Together with other members who support this program, your pennies can really make a big difference in the lives of people in the United Power service territory. Who Receives Round-Up Assistance? Each application is considered separately by the United Power Round-Up Foundation board. The board takes into account the financial ability of the applicant to become financially viable in the foreseeable future, as well as whether the request is for essential expenses. By prioritizing applications, determining if candidates can receive assistance through other organizations, and carefully researching each candidate’s requests, the board determines who can benefit most from Round-Up assistance. Where does the Round-Up Money Go? 500 Cooperative Way Brighton, Colorado 80603 303-659-0551 800-468-8809 www.unitedpower.com 2013 Annual Report R O U N D OPERATION U P D’Ann Bacon, President Dale McCall, Vice President Andrea Nabarette, Secretary Stephen Whiteside, Treasurer Connie Sasse’-Price, Asst. Secretary-Treasurer Vira Brock, Director Ken Kreutzer, Director Mary Macomber, Director Sandra Neb, Director Patricia Riggi, Director Bonita Welsh, Director 2013 Round-Up Foundation Board Housing Expense: 41% Electric: 18% Other Utility: 7% Gas: 4% Non-Profit Groups: 20% Automobile Expense: 4% Medical: 4% Misc: 2%
Transcript of 2013 Round-Up Annual Report...
Round-Up Foundation Grants in 2013
The Round-Up Foundation granted more than $88,000 in assistance to groups and individuals in 2013. The current monthly income to the program is over $7,100, with about 20% of United Power members contributing to the foundation every month. In addition to monthly contributions from the customers who “round up” their bills, the foundation receives one-time donations from individuals and groups throughout the year.
ROU
N
D
OP
ER
AT
ION
UPG
ive to Round-Up
Sign Up Today
Yes! Sign me up for
Operation Round-U
p.N
ame:
Address:
Phone Num
ber:
E-mail:
Account Num
ber:
Thank you for signing up for Operation Round-Up. Your tax deductible donation, an average of just $6 per year, w
ill make a big difference in som
eone’s life. All Round-Up
contributions stay
in your
comm
unity so
your assistance goes directly to your neighbors in need.
ONLIN
E: w
ww
.unitedpower.com
CALL: 303-637-1300
FAX: 303-659-2172
MAIL:
PO BOX 929
Brighton, CO 80601
Give to Round-UpSign Up Today Call 303.637.1300
It’s easy to support the program by just “rounding up” your bill to the next full dollar amount. The average donation is about 50 cents per month, or about $6 per year, and it is tax deductible for most people. Together with other members who support this program, your pennies can really make a big difference in the lives of people in the United Power service territory.
Who Receives Round-Up Assistance?
Each application is considered separately by the United Power Round-Up Foundation board. The board takes into account the financial ability of the applicant to become financially viable in the foreseeable future, as well as whether the request is for essential expenses. By prioritizing applications, determining if candidates can receive assistance through other organizations, and carefully researching each candidate’s requests, the board determines who can benefit most from Round-Up assistance.
Where does the Round-UpMoney Go?
500 Cooperative WayBrighton, Colorado 80603303-659-0551 800-468-8809www.unitedpower.com
2013 Annual Report
R
O U N D
OPERATION UP
D’Ann Bacon, PresidentDale McCall, Vice PresidentAndrea Nabarette, SecretaryStephen Whiteside, Treasurer
Connie Sasse’-Price, Asst. Secretary-TreasurerVira Brock, Director
Ken Kreutzer, DirectorMary Macomber, Director
Sandra Neb, DirectorPatricia Riggi, DirectorBonita Welsh, Director
2013 Round-Up Foundation Board
Housing Expense: 41%Electric: 18%Other Utility: 7%Gas: 4%Non-Pro�t Groups: 20%Automobile Expense: 4%Medical: 4%Misc: 2%
Since all administrative costs are incurred by United Power, all donated dollars are distributed to needy individuals and worthy groups/organizations.
Financial Statements year ended December 2013.
Income Statement
Convenient Payment Options
Balance Sheet
Revenues 2013 2012 Change Contributions $ 140,052 $ 99,224 $ 40,828 Interest Income 106 94 12 Total Revenue $ 140,158 $ 99,318 $ 40,840
Expenses Program Grants $ 88,180 $ 108,793 $ (20,613) Other 137 - 137 Total Expenses $ 88,317 $ 108,793 $ (20,476) Net Income (Loss) $ 51,841 $ (9,475) $ 61,316
Assets 2013 2012 Change Checking & Savings $ 2,046 $ 2,963 $ (917) Money Market 90,713 31,047 59,666 Accounts Receivable 7,234 14,142 (6,908) Total Assets $ 99,993 $ 48,152 $ 51,841
Liabilities & Equity Retained Earnings $ 48,152 $ 57,627 $ (9,475) Net Income (Loss) 51,841 (9,475) 61,316 Total Equity $ 99,993 $ 48,152 $ 51,841
Once you sign up for Operation Round-Up, United Power will automatically round-up your monthly statement for you. United Power offers several other convenient payment options to our members.
Find Out More Information about all of United Power’s programs is available online at www.unitedpower.com or by calling United Power at 303-659-0551.
EasyPayThe EasyPay program allows customers to have their monthly electric bill paid automatically without writing a check each month. United Power will deduct your payment on your regular payment due date from a checking or savings account, or credit card that you designate. SmartHub Online Billing & PaymentsMake secure, online payments and get real-time payment confirmation with the click of a mouse. View billing, payment, and usage history and choose from several payment options. Start using SmartHub today at www.unitedpower.com.
Budget BillingAn optional payment service that allows you to pay the same amount each month. By averaging the seasonal ups and downs of your energy usage, United Power will figure out your average use and send you a bill for the same amount each month.
OPERATION UP
