Overview
What is Young Mens Christian Association So?
The Young Men's Christian Association So, based in Somerville, Massachusetts, is a dedicated nonprofit organization committed to fostering the holistic development of individuals, with a particular focus on the young. Their mission involves encouraging personal growth in spirit, mind, and body. The Somerville YMCA offers a wide range of fitness and aquatic programs, catering to members of all ages. Their facility includes an indoor swimming pool for lap swimming, lessons, water exercises, and a competitive swim team. Additionally, they have a gymnasium for children's gym classes, fitness classes for adults, and sports for all ages. The YMCA also boasts two weight training facilities, an Olympic free weight room, and a Nautilus fitness room equipped with various cardio machines. The association is open to the public seven days a week, fifty-two weeks a year, and actively participates in collaborations to increase participation for low-income families in their service area. With a total of 98 employees, the Somerville YMCA aims to uplift their community and empower individuals to reach their full potential.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Two-Star out of Four Stars (Needs Improvement, 71%)
The Young Men's Christian Association (YMCA) has received a mixed evaluation primarily due to its financial practices and governance policies. While the organization excels in areas such as having an independent board and maintaining a low liabilities to assets ratio, it struggles significantly with transparency as evidenced by a lack of financial statement availability. This shortcoming raises concerns about financial accountability and the overall management of the organization’s resources.
In terms of governance, the YMCA demonstrates some strengths, including a solid conflict of interest policy and well-documented board meeting minutes. However, it falls short with a missing whistleblower policy and deficiencies in document retention practices. These issues indicate potential gaps in organizational oversight that could affect stakeholder trust and operational integrity.
Despite these challenges, the YMCA maintains a commendable program expense ratio, directing a significant portion of its resources towards its programs. This focus is indicative of its commitment to community service, though improvements in financial transparency and governance practices are necessary to enhance overall effectiveness and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Young Mens Christian Association So legitimate?
Young Mens Christian Association So is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Association So 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: $116,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,937,998
For more financial information, click here
What is the mission statement of Young Mens Christian Association So?
The Young Men's Christian Association (YMCA) is dedicated to fostering an environment where individuals, particularly the young, are encouraged to reach their full potential in spirit, mind, and body. This is achieved by providing a variety of programs that improve health and fitness, including swimming lessons, gym classes, fitness classes, sports, and weight training facilities. The YMCA is open to the public seven days a week, fifty-two weeks a year, and also collaborates with organizations to increase participation for low-income families.
Who is the CEO of Young Mens Christian Association So?
Vladimir Benoit is the Ceo of Young Mens Christian Association So. The CEO's salary of Young Mens Christian Association So is $116,271 and their total compensation is $116,271.
What is the revenue of Young Mens Christian Association So?
Young Mens Christian Association So's revenue in 2022 was $3,779,108.
Who are the executives of Young Mens Christian Association So and what are their salaries?
The average compensation at Young Mens Christian Association So during 2022 was $20,962. There are 98 employees at Young Mens Christian Association So.
Here are 5 key members and their salaries (Young Mens Christian Association So's CEO's salary is $116,271 and their total compensation is $116,271):
- Compensation: $116,271
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Young Mens Christian Association So?
Young Mens Christian Association So's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Mens Christian Association So
The Young Men's Christian Association (YMCA) So is dedicated to creating a community where individuals, particularly the young, are encouraged to reach their fullest potential in spirit, mind, and body. This mission is carried out by offering a variety of fitness and aquatics programs that cater to individuals of all ages. The YMCA's facility includes an indoor swimming pool used for activities such as lap swimming, swim lessons, water exercises, and its own swim team, the "CAT Swim Team." Additionally, the association features a gymnasium for children's gym classes, fitness classes for adults, and sports for individuals of all ages. The YMCA also boasts two weight training facilities, an Olympic free weight room, and a Nautilus fitness room equipped with various cardio machines. The YMCA is open to the public seven days a week, fifty-two weeks a year, and participates in collaborations that increase participation for low-income families in their service area.
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Impact
July, 2024
The impact of the Young Mens Christian Association So, especially the Somerville YMCA, is significant in promoting the holistic development of individuals, particularly the youth. Through its fitness and aquatics programs, the YMCA empowers members of all ages to improve their health and fitness levels. With facilities such as an indoor swimming pool, gymnasium, weight training facilities, and various fitness classes, the YMCA caters to a wide range of community members.
Furthermore, by actively collaborating to increase participation from low-income families in their service area, the YMCA ensures that its programs are accessible to all, contributing to building a more inclusive community. Overall, the YMCA's commitment to fostering spiritual, mental, and physical growth in individuals exemplifies its positive impact on the community, making it a valuable resource for human services in Somerville, MA.
This information is meant to be a general summary of Young Mens Christian Association So. 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: $16,779
- Program Service Revenue: $2,629,064
- Gross Receipts: $3,894,057
Assets and Liabilities:
- Total Assets: $3,039,539
- Total Liabilities: $134,426
- Net Assets: $2,905,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SACC FEES
Revenue
$822,545
PHA WEBSTER
Revenue
$335,837
PRE-SCHOOL FEES
Revenue
$232,377
RESIDENCE & KEYS
Revenue
$230,034
PHA FRANKLIN
Revenue
$202,619
Organization Details
Founding Year
1867
Principal Officer
Vladimir Benoit
Main Address
101 HIGHLAND AVE, SOMERVILLE, MA, 02143
NTEE Category
Code: P27Z - Human services
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