Overview
What is Penobscot Bay Ymca?
The Penobscot Bay YMCA is a nonprofit organization situated in Rockport, Maine. With a focus on wellness and community development, the YMCA uses recreational and wellness activities to instill its core values of caring, honesty, respect, and responsibility. The organization serves a diverse population, including infants to senior citizens, with approximately 11,000 people benefiting annually. Their facilities in Rockport, Rockland, and North Haven, along with community outreach efforts, cater to 4,150 members. The Penobscot Bay YMCA fosters partnerships and offers asset building programs, substance abuse prevention programs, and nutrition education programs, thanks to government and foundation grant funding. The organization values inclusivity and offers financial assistance to ensure affordability for those in need. With a workforce of 180 employees, the Penobscot Bay YMCA is committed to improving the quality of life for everyone in its community.
Official website here: www.penbayymca.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator indicates that Penobscot Bay YMCA has earned a Four-Star out of Four Star rating, highlighting its strong performance in Accountability & Finance. This score reflects a commitment to transparency and effective financial management, which is crucial for donor trust and organizational sustainability.
The organization excels in maintaining a majority independent board, ensuring that its governance structure is robust. Additionally, it has comprehensive financial oversight practices, including an audit committee and a strong conflict of interest policy. The high program expense ratio demonstrates that a significant portion of its funds is directed towards its programs, which is a positive sign for potential donors.
While the data does not highlight any major limitations or areas for improvement, ongoing diligence in maintaining these high standards will be essential for the YMCA's continued success. Overall, the Penobscot Bay YMCA appears to be a well-managed nonprofit with a strong focus on accountability and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Penobscot Bay Ymca legitimate?
Penobscot Bay Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penobscot Bay Ymca submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $175,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,465,127
For more financial information, click here
Official website here: www.penbayymca.org
What is the mission statement of Penobscot Bay Ymca?
The Penobscot Bay YMCA serves as a pillar in fostering a healthy community. It promotes partnerships, provides programs and services, and advocates for youth development, healthy living, and social responsibility to enhance the quality of life for everyone. Through recreational and wellness activities, the YMCA instills its core values of caring, honesty, respect, and responsibility. Catering to individuals from infants to senior citizens, the YMCA serves an annual population of approximately 11,000, including 4,150 members, at its facilities in Rockport, Rockland, and North Haven. Through community outreach efforts and government and foundation grant funding, the Y offers asset building programs, substance abuse prevention programs, and nutrition education programs. The Penobscot Bay YMCA welcomes everyone, regardless of age, race, sex, ethnicity, religion, sexual orientation/preference, and gender identity. Membership dues are based on affordability, with financial assistance available for those who cannot afford to pay for membership or programs, as demonstrated by providing assistance to 15% of its members in 2022.
Official website here: www.penbayymca.org
Who is the CEO of Penobscot Bay Ymca?
Whitney Files 32122 Doh is the Chief Vol. O of Penobscot Bay Ymca. The CEO's salary of Penobscot Bay Ymca is $90,111 and their total compensation is $95,602.
Official website here: www.penbayymca.org
What is the revenue of Penobscot Bay Ymca?
Penobscot Bay Ymca's revenue in 2022 was $5,427,550.
Official website here: www.penbayymca.org
Who are the executives of Penobscot Bay Ymca and what are their salaries?
The average compensation at Penobscot Bay Ymca during 2022 was $14,670. There are 180 employees and 109 volunteers at Penobscot Bay Ymca.
Here are 20 key members and their salaries (Penobscot Bay Ymca's CEO's salary is $90,111 and their total compensation is $95,602):
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Official website here: www.penbayymca.org
Where can I find the form 990 for Penobscot Bay Ymca?
Penobscot Bay Ymca's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.penbayymca.org
Learn more at the official website: www.penbayymca.org
Mission Statement of Penobscot Bay Ymca
The Penobscot Bay YMCA serves as a cornerstone of its community, fostering partnerships and providing programs and services to promote youth development, healthy living, and social responsibility. By doing so, the organization aims to enhance the quality of life for everyone within its reach. The YMCA's mission is to act as a community partner, offering recreational and wellness activities that instill the Y's core values of caring, honesty, respect, and responsibility.
The Penobscot Bay YMCA caters to a diverse range of individuals, from infants to senior citizens. Annually, the Y serves approximately 11,000 people, with 4,150 members at its three facilities in Rockport, Rockland, and North Haven, and through community outreach efforts. By creating collaborations and securing government and foundation grant funding, the Y offers asset building programs, substance abuse prevention programs, and nutrition education programs. The Penobscot Bay YMCA is committed to inclusivity, welcoming everyone regardless of age, race, sex, ethnicity, religion, sexual orientation/preference, and gender identity. To ensure accessibility, membership dues are based on affordability, and financial assistance is available for those who cannot afford to pay for membership or programs. In 2022, the Y provided assistance to 15% of its members.
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Impact
July, 2024
Penobscot Bay YMCA is a cornerstone of the healthy community in Rockport, Maine. Through recreational and wellness activities, the YMCA teaches core values such as caring, honesty, respect, and responsibility to individuals of all ages, ranging from infants to senior citizens. Serving approximately 11,000 people annually, including 4,150 members, the YMCA offers a wide range of programs and services that focus on youth development, healthy living, and social responsibility.
By fostering partnerships and creating community collaborations, the Penobscot Bay YMCA impacts the quality of life for everyone in the community. Through government and foundation grant funding, the YMCA provides asset-building programs, substance abuse prevention programs, and nutrition education programs. They welcome everyone regardless of age, race, sex, ethnicity, religion, sexual orientation/preference, and gender identity, making their services accessible to all. Additionally, they offer financial assistance to those who cannot afford membership dues or programs, ensuring that everyone has the opportunity to benefit from their offerings.
In summary, Penobscot Bay YMCA plays a vital role in promoting a healthy community by providing crucial programs and services that contribute to the overall well-being of individuals and families in the region.
This information is meant to be a general summary of Penobscot Bay Ymca. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $51,205
- Program Service Revenue: $3,518,174
- Gross Receipts: $5,428,679
Assets and Liabilities:
- Total Assets: $11,465,876
- Total Liabilities: $1,297,012
- Net Assets: $10,168,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$2,257,673
MEMBERSHIPS
Revenue
$1,241,439
USE OF FACILITY
Revenue
$19,062
Organization Details
Founding Year
1915
Phone
(207) 236-3375Principal Officer
Whitney Files 32122 Doh
Main Address
116 UNION STREET PO BOX 840, ROCKPORT, ME, 04856
Website
www.penbayymca.orgNTEE Category
Code: P270 - Human services
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