Overview
What is Merrimack Valley Young Men's Christian Association Inc?
The Merrimack Valley Young Men's Christian Association Inc, based in Lawrence, Massachusetts, is a renowned nonprofit organization dedicated to promoting holistic well-being. With a mission to strengthen spirits, minds, and bodies for all, they offer a wide range of programs and initiatives. They are a leading voice on health and well-being issues, actively combating chronic diseases, and championing community water safety. By providing essential resources and support, they empower individuals to lead fuller lives. Each year, they deliver over $3 million worth of subsidized services to needy children, adults, and families in their community. With a team of 546 employees, they foster connections through fitness, aquatics, and sports programs.
Official website here: www.mvymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating
Merrimack Valley Young Men's Christian Association Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. The charity scored 96% in this area, indicating a strong commitment to transparency and responsible management of funds. This high score is primarily based on its accountability metrics, showcasing the organization's dedication to maintaining rigorous standards.
The organization boasts a fully independent board, composed entirely of 24 members, which enhances its governance structure. The financial oversight is robust, with a dedicated audit and oversight committee, and there have been no reported material diversions of assets. Furthermore, the charity adheres to best practices by having comprehensive policies on conflict of interest, whistleblower protections, and document retention, all of which contribute to its strong accountability framework.
While the organization excels in financial management, it would be beneficial for potential donors and stakeholders to seek additional information on its programmatic impact and community engagement. Despite this, the high program expense ratio of 84.28% suggests that a significant portion of its funds is directed towards fulfilling its mission, further solidifying its reputation as a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Merrimack Valley Young Men's Christian Association Inc?
94% of 43 reviewers on Facebook recommend Merrimack Valley Young Men's Christian Association Inc. Here is a summary of their reviews:
Many users express a strong sense of community and support, highlighting the organization as an invaluable resource. The positive remarks reflect a high level of satisfaction, with some users stating that it’s the best community resource they have encountered. The enthusiasm suggests that the YMCA consistently meets the needs of its members and continues to improve over time.
Overall, it seems that the Merrimack Valley YMCA successfully delivers on its promises, creating a positive impact and fostering a sense of belonging within the community.
This AI summary has been generated from reviews found on Facebook.
Is Merrimack Valley Young Men's Christian Association Inc legitimate?
Merrimack Valley Young Men's Christian Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merrimack Valley Young Men's Christian Association Inc 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: $745,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,028,267
For more financial information, click here
Official website here: www.mvymca.org
What is the mission statement of Merrimack Valley Young Men's Christian Association Inc?
The Merrimack Valley Young Men's Christian Association Inc is committed to enhancing the well-being of individuals by focusing on their spirit, mind, and body. Their mission extends to addressing community needs and promoting health and wellness. Each year, they provide over $3 million worth of subsidized services to disadvantaged children, adults, and families. The YMCA advocates for health issues and fights chronic diseases, emphasizing community water safety. They empower people to lead more fulfilled lives by offering guidance and resources for active living. The organization fosters connections through fitness, aquatics, and sports programs, bringing families closer together.
Official website here: www.mvymca.org
Who is the CEO of Merrimack Valley Young Men's Christian Association Inc?
Donna Aldrich is the Director of Merrimack Valley Young Men's Christian Association Inc. The CEO's salary of Merrimack Valley Young Men's Christian Association Inc is $253,070 and their total compensation is $286,133.
Official website here: www.mvymca.org
What is the revenue of Merrimack Valley Young Men's Christian Association Inc?
Merrimack Valley Young Men's Christian Association Inc's revenue in 2022 was $19,515,158.
Official website here: www.mvymca.org
Who are the executives of Merrimack Valley Young Men's Christian Association Inc and what are their salaries?
The average compensation at Merrimack Valley Young Men's Christian Association Inc during 2022 was $14,238. There are 546 employees and 687 volunteers at Merrimack Valley Young Men's Christian Association Inc.
Here are 28 key members and their salaries (Merrimack Valley Young Men's Christian Association Inc's CEO's salary is $253,070 and their total compensation is $286,133):
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- Other: $18,090
Official website here: www.mvymca.org
Where can I find the form 990 for Merrimack Valley Young Men's Christian Association Inc?
Merrimack Valley Young Men's Christian Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvymca.org
Learn more at the official website: www.mvymca.org
Mission Statement of Merrimack Valley Young Men's Christian Association Inc
The Merrimack Valley Young Men's Christian Association Inc, with its dedication to strengthening spirit, mind, and body, is a leading force in community health and wellness. Their mission extends beyond individual well-being, as they deliver more than $3 million worth of subsidized services each year to those in need, including children, adults, and families.
At the heart of Merrimack Valley YMCA's commitment is the belief that a balanced spirit, mind, and body are essential to living a fuller life. They are a prominent voice in advocating for health and well-being issues, combating chronic diseases, and promoting community water safety. Their programs cater to fostering connections, particularly through fitness, aquatics, and sports activities, which bring families closer together. The organization's impact goes beyond personal growth, as it offers essential support, guidance, and resources for individuals striving for physically active lives.
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Impact
October, 2024
Merrimack Valley Young Men's Christian Association Inc. significantly enhances the community by promoting healthy living and holistic well-being. With a commitment to strengthening the spirit, mind, and body, the organization actively addresses vital health and wellness issues. This includes leading initiatives against chronic diseases, advocating for community water safety, and empowering individuals to adopt healthier lifestyles.
Through programs designed to meet the diverse needs of the community, the YMCA fosters physical activity and encourages family connections via fitness, aquatics, and sports initiatives. The impact extends beyond typical wellness programs; each year, the YMCA delivers over $3 million in subsidized services, enhancing access for vulnerable children, adults, and families. This focus on youth development creates a foundation for future generations, ensuring that individuals are equipped with the resources and support necessary for leading fulfilling lives.
This information is meant to be a general summary of Merrimack Valley Young Men's Christian Association Inc. 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: $34,756
- Program Service Revenue: $13,968,568
- Gross Receipts: $19,578,611
Assets and Liabilities:
- Total Assets: $41,189,875
- Total Liabilities: $19,756,362
- Net Assets: $21,433,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$10,010,130
MEMBERSHIP DUES
Revenue
$3,205,243
RESIDENCE FEES
Revenue
$578,684
RECREATIONAL RENTAL FEES
Revenue
$174,511
Organization Details
Founding Year
1880
Phone
(978) 725-6681Principal Officer
Donna Aldrich
Main Address
360 MERRIMACK STREET BLDG 9 270, LAWRENCE, MA, 01843
Website
www.mvymca.orgNTEE Category
Code: O55Z - Youth development
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