Presented by: Angela Matthes, Chief Financial Officer and Jake Child, Controller
Angela Matthes and Jake Child from United Way of Salt Lake were invited to present a breakout session at the 2025 Utah Nonprofits Association Annual Conference. They shared their expertise in implementing labor models that increase efficiencies and improve processes across organizations.
Session Overview
Never underestimate the labor costs of your organization again! Learn how to implement a dynamic Excel-based labor model to accurately forecast personnel costs and track board-approved budget variances by department. This session will walk you through a template designed to integrate seamlessly with your payroll process, providing up-to-date projections through the end of the fiscal year and beyond. Gain clearer insight into the financial impact of vacancies, turnover, and staffing changes while minimizing payroll errors and improving decision-making across your organization.
The session highlighted the benefits of a labor model:
Accuracy: Prevents payroll errors.
Efficiency: Have leadership approve summarized visualizations, not static reports or registers.
Tracking: Dashboard that tracks board approved budget variances by department.
Planning: Scenario planning.
About United Way of Salt Lake’s Finance Experts
Angela Matthes, United Way of Salt Lake Chief Financial Officer, brings 16 years of experience in financial roles, primarily within startup environments, including software, lead generation, filmmaking, biomedical, and nonprofit companies/institutions. She holds an MS in Finance and a Six Sigma black belt.
Jake Child, United Way of Salt Lake Controller, has spent 8 years in financial roles, including three years with Ernst & Young, with experience auditing software, biotech, and nonprofit companies. He is a licensed CPA, with an MBA in finance from the University of Utah.
Written by Jamie Kaneko, VP, Strategic Communications and Marketing
