Civic Intelligence

Monadnock United Way Inc

EIN 02-0236885 • 501(c)3 • Keene, NH

Profile

Monadnock united way is dedicated to improving lives by mobilizing diverse partners and investing in programs and people to create long-lasting measurable change.

23 Center StKeene, NH 03431
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

42nd percentile

1.0%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$118,838

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

50th percentile

3.3%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

9.9%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,070,180

Up $98,462 (+3.3%) from 2023

Liabilities

Up

$132,777

Up $55,396 (+72%) from 2023

Net Assets

Up

$2,937,403

Up $43,066 (+1.5%) from 2023

Revenue

Up

$1,652,332

Up $149,032 (+9.9%) from 2023

Expenses

Down

$1,636,547

Down $150,477 (-8.4%) from 2023

Net Income

Up

$15,785

Up $299,509 (+106%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,340,689Liabilities 2010: $105,589Net Assets 2010: $2,235,1002010Assets 2011: $2,329,379Liabilities 2011: $105,459Net Assets 2011: $2,223,9202011Assets 2012: $2,720,385Liabilities 2012: $142,098Net Assets 2012: $2,578,2872012Assets 2013: $2,899,154Liabilities 2013: $34,072Net Assets 2013: $2,865,0822013Assets 2014: $2,842,297Liabilities 2014: $38,029Net Assets 2014: $2,804,2682014Assets 2015: $2,872,906Liabilities 2015: $22,132Net Assets 2015: $2,850,7742015Assets 2016: $3,106,695Liabilities 2016: $214,460Net Assets 2016: $2,892,2352016Assets 2017: $2,917,055Liabilities 2017: $170,500Net Assets 2017: $2,746,5552017Assets 2018: $2,689,703Liabilities 2018: $157,523Net Assets 2018: $2,532,1802018Assets 2019: $2,478,470Liabilities 2019: $151,922Net Assets 2019: $2,326,5482019Assets 2020: $2,791,955Liabilities 2020: $222,312Net Assets 2020: $2,569,6432020Assets 2021: $3,611,197Liabilities 2021: $146,614Net Assets 2021: $3,464,5832021Assets 2022: $3,251,982Liabilities 2022: $107,633Net Assets 2022: $3,144,3492022Assets 2023: $2,971,718Liabilities 2023: $77,381Net Assets 2023: $2,894,3372023Assets 2024: $3,070,180Liabilities 2024: $132,777Net Assets 2024: $2,937,4032024

Highlighted filing

2024

Assets$3,070,180
Liabilities$132,777
Net Assets$2,937,403

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,151,7702010Revenue 2011: $2,080,193Expenses 2011: $2,090,054Net Income 2011: -$9,8612011Expenses 2012: $2,050,7012012Revenue 2013: $2,135,353Expenses 2013: $2,238,184Net Income 2013: -$102,8312013Revenue 2014: $1,895,153Expenses 2014: $1,966,433Net Income 2014: -$71,2802014Revenue 2015: $2,149,216Expenses 2015: $2,101,061Net Income 2015: $48,1552015Revenue 2016: $2,190,289Expenses 2016: $2,165,227Net Income 2016: $25,0622016Revenue 2017: $1,822,663Expenses 2017: $2,001,131Net Income 2017: -$178,4682017Revenue 2018: $1,683,843Expenses 2018: $1,886,387Net Income 2018: -$202,5442018Revenue 2019: $1,688,459Expenses 2019: $1,926,301Net Income 2019: -$237,8422019Revenue 2020: $2,067,755Expenses 2020: $1,861,049Net Income 2020: $206,7062020Revenue 2021: $2,296,861Expenses 2021: $1,463,813Net Income 2021: $833,0482021Revenue 2022: $1,504,107Expenses 2022: $1,778,998Net Income 2022: -$274,8912022Revenue 2023: $1,503,300Expenses 2023: $1,787,024Net Income 2023: -$283,7242023Revenue 2024: $1,652,332Expenses 2024: $1,636,547Net Income 2024: $15,7852024

Highlighted filing

2024

Revenue$1,652,332
Expenses$1,636,547
Net Income$15,785

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.13$2.94$1.65$1.64$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.97$0.08$2.89$1.50$1.79$0.28
2022Detailed filing. Detailed filing data is available for this year.$3.25$0.11$3.14$1.50$1.78$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.15$3.46$2.30$1.46$0.83
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.22$2.57$2.07$1.86$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.15$2.33$1.69$1.93$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.16$2.53$1.68$1.89$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.17$2.75$1.82$2.00$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.21$2.89$2.19$2.17$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.02$2.85$2.15$2.10$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.84$0.04$2.80$1.90$1.97$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.90$0.03$2.87$2.14$2.24$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$0.14$2.58$2.05
2011Summary only. Only limited summary data is available for this year.$2.33$0.11$2.22$2.08$2.09$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.11$2.24$2.15
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 3, 2024
Return Version
2023v5.1
Gross Receipts
$1,505,281
Mission and Program Overview

Mission

Monadnock united way is dedicated to improving lives by mobilizing diverse partners and investing in programs and people to create long-lasting measurable change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,417,473$1,022,318▼ $1,395,155
Investments in Publicly Traded Securities-$779,088-
Pledges and Grants Receivable$496,923$577,857▲ $80,934
Savings and Temporary Cash Investments$1$241,619▲ $241,618
Land, Buildings, and Equipment, Net$34,074$29,597▼ $4,477
Prepaid Expenses and Deferred Charges$5,573$2,940▼ $2,633
Intangible Assets$0$0→ $0
Total Assets$3,251,982$2,971,718▼ $280,264
Other Assets Total$297,938$318,299▲ $20,361
Liabilities
Accounts Payable and Accrued Expenses$69,417$42,126▼ $27,291
Grants Payable$38,216$35,255▼ $2,961
Total Liabilities$107,633$77,381▼ $30,252
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,782,070$1,553,799▼ $228,271
Net Assets Without Donor Restrictions$1,362,279$1,340,538▼ $21,741
Total Net Assets Fund Balance$3,144,349$2,894,337▼ $250,012
Total Liabilities and Net Assets / Fund Balance$3,251,982$2,971,718▼ $280,264

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,529$98,971$109,500
Equipment$14,638$88,211$102,849
Land$4,430-$4,430
Other Assets Org$318,299--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Liz LarosePresidentFT$110,000$7,414$117,414

Board Members and Trustees

NameTitle
Michelle DellavitaChair
Myra RebillardVice Chair
Andrew ConnellDirector
Barbara TremblayDirector
Eric GraageDirector
Kelly ScargillDirector
Lacy GillottiDirector
Marcus OwensDirector
Michael RemyDirector
Michelle WoodDirector
Tim MurphyDirector
Ben WheelerTreasurer
Alex KapiloffVice Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,476,872
Program Service Revenue
$0
Investment Income
$20,990
Other Revenue
$5,438
All Other Contributions
$1,476,872
Change in Net Assets
$-283,724

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,503,300
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$54,902
Total Revenue per Audited Statements
$1,558,202
Total Revenue per Form 990
$1,503,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$813,786
Salaries, Compensation, and Employee Benefits$513,338
Other Expenses$459,900
Total Fundraising Expense$211,395
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$813,786--$813,786
Other Salaries and Wages$227,619$20,041$80,163$327,823
Current Officers, Directors, Trustees, and Key Employees$80,962$7,290$29,161$117,413
Payroll Taxes$21,796$2,517$10,069$34,382
Other Employee Benefits$20,857$2,572$10,291$33,720
Other Expenses$15,293$1,474$5,473$22,240
Payments to Affiliates$14,522$1,517$5,636$21,675
Conferences and Meetings$12,826$1,334$4,895$19,055
Occupancy$10,796$1,128$4,189$16,113
All Other Expenses$10,895$1,107$4,109$16,111
Fees for Services Accounting$9,518$968$3,598$14,084
Depreciation Depletion$4,208$440$1,633$6,281
Insurance$3,831$400$1,487$5,718
Fees for Services Other$2,831$289$1,070$4,190
Travel$888$68$21$977
Fees for Services Legal$220$22$83$325
Total Functional Expenses$1,521,131$54,498$211,395$1,787,024

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,808,214
Expenses per Audited Statements$1,787,024
Total Expenses per Form 990$1,787,024
Expenses Not Reported on Form 990$21,190
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rise - for Baby & FamilyKeene, NH501(c)3Community Building$228,620
Winchester Learning CenterWinchester, NH-Community Building$133,975
Southwestern Community ServicesKeene, NH501(c)3Community Building$90,559
The Community KitchenKeene, NH501(c)3Community Building$90,000
Keene Day Care CenterKeene, NH501(c)3Community Building$35,360
Monadnock Community Early Learning CenterPeterborough, NH501(c)3Community Building$29,400
Southern New Hampshire ServicesManchester, NH501(c)3Community Building$14,250
Sweet Beginnings Day Care LLCWilmot, NH501(c)3Community Building$9,590
Wild Roots Nature School LLCSpofford, NH-Community Building$8,258
SAMANTHA'S PLACEKeene, NH-Community Building$8,000
Stepping StonesSwanzey, NH-Community Building$8,000
Trillium Christian Nature PreschoolAlstead, NH-Community Building$8,000
Stonewall FarmKeene, NH501(c)3Community Building$5,968
Walpole Village SchoolWalpole, NH501(c)3Community Building$5,308
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Line 11a explanation - the 990 was reviewed by the finance committee with the auditing firm. The finance committee accepted the 990. The final 990 was then sent to the board of directors and review and discussed at the next regularly scheduled board meeting.

Form 990, Part VI, Section B, Line 12C

Each year, at the annual meeting, all members of the board of directors receive a copy of the conflict of interest policy and a form for them to complete and sign disclosing any potential conflicts of interest or declare that they have none. Our governance chair follows up to make sure that all are received.

Form 990, Part VI, Section B, Line 15A

The board chair and human resource committee members review national, statewide and local compensation data annually to set a minimum and maximum compensation range. The committee sets performance criteria for each level, based on the experience and knowledge of the executive.

Form 990, Part VI, Section C, Line 19

Copies of monadnock united way governing documents, conflict of interest policy and financial statements are available to the public. Copies may be obtained by requesting them in person at 23 center street, keene, nh

Filing and Contact Details

Filer

Filer Name
Monadnock United Way Inc
EIN
02-0236885
Phone
6033524209
Address
23 CENTER ST, KEENE, NH 03431

Signing Officer

Name
Alex Kapiloff
Title
Treasurer
Phone
6033524209
Signed
2024-09-03
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
Nh
Voting Board Members
13
Independent Board Members
13
Employees
10
Volunteers
0

Preparer

Firm
Oster & Wheeler Pc
Address
265 WASHINGTON ST, KEENE, NH 03431
Preparer
Christopher R Wheeler CPA
Phone
6033524500
Supplemental Narrative

Additional Explanations

Line 6

Our 43 volunteers work on the annual campaign, allocations, board of directors and committees, and office support and maintenance. The total number of hours they volunteer is 2,754 based on actual and estimated numbers.

Financial Statement Notes

PART X, LINE 2:

The agency qualifies as exempt from income tax under section 501(c)(3) of the internal revenue code. The agency has evaluated its significant tax positions, including their tax exempt status, and determined that they do not need to recognize a liability for any uncertain tax positions for interest, penalties or potential taxes. Accordingly, no provision for income taxes is required. The agency's annual return filing (form 990) and state filing (form nhct-12) remain subject to examination by major tax jurisdictions for the standard three-year statute of limitations.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in fmv of beneficial interest 33,712.

Raw XML AppendixShowing 400 of 658 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0MONADNOCK UNITED WAY IS DEDICATED TO IMPROVING LIVES BY MOBILIZING DIVERSE PARTNERS AND INVESTING IN PROGRAMS AND PEOPLE TO CREATE LONG-LASTING MEASURABLE CHANGE.
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IRS990/Desc0COMMUNITY BUILDING:MONADNOCK UNITED WAY (MUW) WORKS COLLABORATIVELY TO ADDRESS OUR COMMUNITY'S NEEDS IN THREE FOCUS AREAS: CHILDREN, EDUCATION AND FINANCIAL STABILITY THROUGHOUT EVERY COMMUNITY IN OUR REGION. MUW USES A COLLECTIVE IMPACT MODEL TO BRING PEOPLE FROM ACROSS ALL SECTORS OF THE MONADNOCK REGION AND STATE OF NEW HAMPSHIRE TOGETHER TO SOLVE THESE ISSUES IN OUR COMMUNITY: ENSURING THAT CHILDREN LIVE IN SAFE, NURTURING, HEALTHY HOMES BECAUSE WE HAVE THE 3RD HIGHEST RATE OF CHILD ABUSE AND NEGLECT IN THE STATE. ENSURING THAT EVERYONE HAS THE FINANCIAL RESOURCES THEY NEED TO LIVE HEALTHY, HAPPY AND PRODUCTIVE LIVES, BECAUSE 1 IN 4 OF US ARE LOW INCOME, WHICH IS HIGHER THAN THE STATE AVERAGE OF 1 IN 5. AND ENSURING THAT EVERYONE IN OUR COMMUNITY RECEIVES AN EDUCATION THAT ENABLES THEM TO ACHIEVE THEIR FULLEST POTENTIAL BECAUSE OUR CHILDREN SCORE LOWER THAN THE REST OF THE STATE IN ENGLISH AND MATH. THESE PROBLEMS ARE COMPLEX AND NO SINGLE ORGANIZATION OR INDIVIDUAL ALONE CAN SOLVE THEM. BY BRINGING ALL SEGMENTS OF OUR COMMUNITY TOGETHER, WE CAN CREATE LONG-LASTING CHANGES AND ADDRESS THE UNDERLYING CAUSES OF THE PROBLEMS. MUW FUNDS OVER 30 COLLECTIVES AND INDIVIDUAL PROGRAMS, PROVIDING GUIDANCE AND TECHNICAL ASSISTANCE TO HELP FUNDED PROGRAMS ACHIEVE THEIR GOALS. MUW ALSO BRINGS SECTORS TOGETHER TO ADDRESS OUR REGION'S NEEDS. THIS INCLUDES THE BUSINESS SECTOR, EDUCATION SECTOR, GOVERNMENTAL SECTOR ON A LOCAL, REGIONAL AND STATEWIDE BASIS AND ORGANIZATIONS SUCH AS EARLY LEARNING NH, PARENT INFO CENTER, CONNECTED FAMILIES NH, HEALTHY MONADNOCK ALLIANCE, AND NH FUNDER'S FORUM. MONADNOCK UNITED WAY SERVES AS THE ADMINISTRATOR FOR THE FEDERAL EMERGENCY FOOD AND SHELTER PROGRAM FOR CHESHIRE COUNTY.
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IRS990/MissionDesc0MONADNOCK UNITED WAY IS DEDICATED TO IMPROVING LIVES BY MOBILIZING DIVERSE PARTNERS AND INVESTING IN PROGRAMS AND PEOPLE TO CREATE LONG-LASTING MEASURABLE CHANGE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0IMPACT AND INVESTMENT:THE MONADNOCK UNITED WAY HAS A UNIQUE INVESTMENT PROCESS, WHICH SUPPORTS AND ENCOURAGES COLLECTIVE AND COLLABORATIVE EFFORTS; FOCUSES ON BOTH PROGRAM-SPECIFIC AND COLLECTIVE ACHIEVEMENT OF OUTCOMES THAT ADDRESS OUR REGION'S UNDERLYING ISSUES FOR CHILDREN, EDUCATION AND FINANCIAL STABILITY; AND ENSURES FISCAL AND GOVERNANCE ACCOUNTABILITY. THE OBJECTIVE OF MUW'S IMPACT AND INVESTMENT COMMITTEE IS TO DEPLOY MONADNOCK UNITED WAY FINANCIAL AND BACKBONE SUPPORT TO MAXIMIZE THE RESOURCES AVAILABLE TO INITIATIVES THAT WORK TOWARD A COMMON AGENDA, SHARED MEASUREMENT, MUTUALLY REINFORCING ACTIVITIES, AND WHO ENGAGE IN CONTINUOUS COMMUNICATION. MUW'S VOLUNTEER INVESTMENT TEAM MEMBERS READ PROPOSALS, CONDUCT SITE VISITS, LISTEN TO PRESENTATIONS FROM AGENCIES REQUESTING FUNDING, AND MAKE FUNDING RECOMMENDATIONS. THESE VOLUNTEERS ALSO ASSIST STAFF IN REVIEWING REGULAR REPORTING THROUGHOUT THE MULTI-YEAR FUNDING CYCLE TO ENSURE THAT PROGRAMS ARE ON-TARGET, TO HIGHLIGHT AREAS OF CONCERN, AND TO PROVIDE SUPPORT AND ASSISTANCE SO PROGRAMS MAY ADDRESS THOSE CONCERNS AS EARLY AS POSSIBLE IN THEIR FUNDING CYCLE. THIS SYSTEM IS DESIGNED TO BE ACCOUNTABLE TO THE DONOR, RESPONSIVE TO OUR COMMUNITY'S NEEDS AND INCLUSIVE OF THE PROGRAMS TO WHICH THE GIVERS WISH TO CONTRIBUTE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0IMPACT MONADNOCK:IMPACT MONADNOCK SEEKS TO IMPROVE OUTCOMES FOR ALL CHILDREN IN THE MONADNOCK REGION, FROM BIRTH TO AGE EIGHT, AND THEIR FAMILIES FOR FUTURE ACADEMIC, CAREER AND LIFE SUCCESS. IT WAS CREATED IN RESPONSE TO RESEARCH INDICATING THAT EARLY CHILDHOOD DEVELOPMENT IS ONE OF THE MOST CRITICAL FACTORS DETERMINING THE FUTURE OF ALL CITIZENS OF THE MONADNOCK REGION, BECAUSE WHAT HAPPENS TO OUR YOUNGEST RESIDENTS WILL HAVE A POWERFUL IMPACT ON OUR COMMUNITY'S FUTURE SUCCESS AND PROSPERITY. FOCUSING ON THE EDUCATIONAL ACHIEVEMENT AND WELFARE OF CHILDREN FROM BIRTH TO AGE EIGHT CREATES A STRONG FOUNDATION FOR THEIR FUTURE HEALTH, HAPPINESS AND ECONOMIC OPPORTUNITY. AND THIS IN TURN, LEADS TO MORE STABILITY AND PROSPERITY FOR THE COMMUNITIES WHERE THEY LIVE. IMPACT MONADNOCK'S MASTER PLAN IS BASED ON A COMPREHENSIVE ANALYSIS OF THE CHALLENGES FACING OUR REGION. IT ALIGNS WITH THE NEW HAMPSHIRE STRATEGIC PLAN FOR EARLY CHILDHOOD.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt095775
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MONADNOCK UNITED WAY COLLABORATES WITH OTHER MONADNOCK REGION AGENCIES ON VARIOUS PROJECTS. SOME OF THESE PROJECTS PROVIDE THAT THE MONADNOCK UNITED WAY WILL ACT AS FISCAL AGENT FOR SUCH COOPERATIVE EFFORTS.
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