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Round-Up Foundation Grants in 2012
The Round-Up Foundation granted more than $99,000 in assistance to groups and individuals in 2012. The current monthly income to the program is over $6,700, with about 21% 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.
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2012 Annual Report
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www.unitedpower.com 303-637-1300 Address: 303-659-2172 PO BOX 929 Brighton, CO 80601
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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 RoundUp contributions stay in your community so your assistance goes directly to your neighbors in need.
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2012 RU Annual Report-outside.pdf
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 Money Go? Round-Up Housing Expense: 46% Electric: 23% Other Utility: 10% Gas: 3% Non-Profit Groups: 11% Automobile Expense: 2% Medical: 3% Misc: 3%
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. 500 Cooperative Way Brighton, Colorado 80603 303-659-0551 800-468-8809 www.unitedpower.com
2012 Round-Up Foundation Board Mary Macomber, President Connie Sasse’-Price, Vice President D’Ann Bacon, Secretary Stephen Whiteside, Treasurer Dale McCall, Asst. Secretary-Treasurer Vira Brock, Director Andrea Nabarrete, Director Sandra Neb, Director Patricia Riggi, Director Larry Trudell, Director Bonita Welsh, Director
2012 RU Annual Report-inside.pdf
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Financial Statements year ended December 2012. OPERATION
Since all administrative costs are incurred by United Power, all donated dollars are distributed to needy individuals and worthy groups/organizations.
UP Convenient Payment Options
Income Statement Revenues Contributions Interest Income Total Revenue
2012 $ 99,224 94 $ 99,318
2011 $ 108,647 109 $ 108,756
Change $ (9,423) (15) $ (9,438)
EasyPay
Expenses Program Grants Other Total Expenses
$ 108,793 $ 108,793
$ 97,675 $ 97,675
$ 11,118 $ 11,118
E-bill Online Payments
$ (9,475)
$ 11,081
$ (20,556)
Assets Checking & Savings Money Market Accounts Receivable Total Assets
2012 $ 2,963 31,047 14,142 $ 48,152
2011 $ 1,640 44,809 11,178 $ 57,627
Change $ 1,323 (13,762) 2,964 $ (9,475)
Liabilities & Equity Retained Earnings Net Income (Loss) Total Equity
$ 57,627 (9,475) $ 48,152
$ 46,546 11,081 $ 57,627
$ 11,081 (20,556) $ (9,475)
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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.
Net Income (Loss)
Balance Sheet
The 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.
Make secure, on-line 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 e-bill today at www.unitedpower.com.
Budget Billing An 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.
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.
