Overview
What is Waterville Area Ymca?
The Waterville Area YMCA, located at 126 North Street, Waterville, ME 04901, is a nonprofit organization dedicated to inspiring and enabling young people and their families to reach their full potential. They provide a diverse range of programs focusing on aquatics and youth sports, catering to individuals at various age groups. These activities include swimming lessons for all ages, the Dolphins Swim Team, water aerobics, lifeguard training, scuba lessons, and numerous youth sports such as baseball, football, basketball, soccer, field hockey, volleyball, and more. Their mission is to foster productive, responsible, and caring citizens by nurturing their skills and talents, thereby contributing positively to their communities.
Official website here: www.clubayc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The Waterville Area YMCA has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored 93% overall, with its rating derived entirely from its Accountability & Finance beacon, indicating a robust performance in these critical areas.
Strengths of the Waterville Area YMCA include a fully independent board, receiving full points for having 18 independent members. The charity demonstrates exemplary financial oversight, with no material diversions of assets reported and high scores in areas such as financial statement audits and conflict of interest policies. Its program expense ratio is also notably high, indicating effective use of funds towards its mission.
However, there are some areas of improvement, particularly in the liabilities to assets ratio, which stands at 53.98%. While this score still reflects a relatively healthy financial standing, it suggests that the organization may have room to strengthen its financial resilience further. Overall, the Waterville Area YMCA showcases a solid foundation in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Waterville Area Ymca legitimate?
Waterville Area Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterville Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $629,623
For more financial information, click here
Official website here: www.clubayc.org
What is the mission statement of Waterville Area Ymca?
The Waterville Area YMCA's mission is centered around inspiring and enabling young people and their families to reach their full potential. This is achieved by fostering their development as responsible, productive, and caring citizens. The organization provides a range of aquatic and athletic programs, including swimming lessons for all ages, swim teams, water aerobics, lifeguard training, scuba lessons, and various youth sports such as baseball, soccer, basketball, and volleyball, among others. These programs aim to empower individuals, promoting their overall growth and well-being.
Official website here: www.clubayc.org
Who is the CEO of Waterville Area Ymca?
Ken Walsh is the CEO of Waterville Area Ymca The CEO's salary of Waterville Area Ymca is $0 and their total compensation is $224,282.
Official website here: www.clubayc.org
What is the revenue of Waterville Area Ymca?
Waterville Area Ymca's revenue in 2024 was $957,546.
Official website here: www.clubayc.org
Who are the executives of Waterville Area Ymca and what are their salaries?
There 75 volunteers at Waterville Area Ymca.
Here are 21 key members and their salaries (Waterville Area Ymca's CEO's salary is $0 and their total compensation is $224,282):
- Compensation: $0
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- Other: $0
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- Related: $195,047
- Other: $29,235
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- Related: $81,425
- Other: $16,467
- Compensation: $0
- Related: $117,222
- Other: $9,301
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- Other: $0
Official website here: www.clubayc.org
Where can I find the form 990 for Waterville Area Ymca?
Waterville Area Ymca's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.clubayc.org
Learn more at the official website: www.clubayc.org
Mission Statement of Waterville Area Ymca
The Waterville Area YMCA is dedicated to inspiring and enabling all young people and their families to realize their full potential as productive, responsible, and caring citizens. This mission is carried out through a variety of programs and activities, focusing on aquatics and youth sports. The organization offers learning to swim programs for individuals of all ages, as well as competitive swimming through the Dolphins Swim Team. Additionally, Waterville Area YMCA provides water aerobics classes, lifeguard training, scuba lessons, and numerous youth sports options, including baseball, football, basketball, soccer, field hockey, volleyball, and several others. The goal of these programs is to foster the development of well-rounded individuals who contribute positively to their communities.
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Impact
July, 2024
Waterville Area Ymca inspires and enables all young people and their families to realize their full potential through a variety of aquatic and youth sport programs. These include swimming lessons for all ages, competitive swim teams, water aerobics, lifeguard training, scuba lessons, and numerous youth sports such as baseball, football, basketball, soccer, field hockey, and volleyball. By offering these programs, Waterville Area Ymca aims to empower individuals to become productive, responsible, and caring citizens in the community.
This information is meant to be a general summary of Waterville Area 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 2024.
- Investment Income: $8,307
- Program Service Revenue: $885,911
- Gross Receipts: $957,546
Assets and Liabilities:
- Total Assets: $865,141
- Total Liabilities: $326,846
- Net Assets: $538,295
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$738,481
RENTAL FEES
Revenue
$146,745
OTHER PROGRAM FEES
Revenue
$685
Organization Details
Founding Year
1950
Principal Officer
Heather Neal
Website
www.clubayc.orgNTEE Category
Code: P27Z - Human services
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