Overview
What is Greater Lowell Family Ymca?
The Greater Lowell Family YMCA is a nonprofit organization situated in Lowell, Massachusetts, specifically at 35 YMCA Drive. Their primary mission is to foster youth development, promote healthy living, and encourage social responsibility within the community. This is achieved through various programs, including pre-school, school-age childcare, summer day camps, and aquatic programs. These initiatives aim to nurture cognitive, social, physical, and emotional growth in children and teens. The YMCA also provides financial assistance, amounting to $178,722, ensuring that their programs remain accessible to a wide range of young people. This nonprofit organization upholds core values such as caring, honesty, respect, and responsibility in all its endeavors, contributing to the strengthening of the community. With a workforce of 240 employees, the Greater Lowell Family YMCA is committed to positively impacting the lives of its community members.
Official website here: www.greaterlowellymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Greater Lowell Family YMCA has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is primarily based on its exceptional accountability practices, with a perfect score of 100% for independent board membership and rigorous financial oversight measures. This high rating signifies that donors can trust the YMCA's financial integrity and governance practices.
The organization demonstrates a commitment to transparency and ethical operations, as evidenced by its documented policies regarding conflict of interest, whistleblowing, and document retention. Additionally, the YMCA maintains a solid program expense ratio of 80.47%, indicating that a significant portion of its funds is directed towards programmatic activities, which is a positive sign for potential donors concerned with impact.
While the data does not highlight any significant limitations, the focus solely on financial accountability means that other areas, such as impact or program effectiveness, are not assessed in this rating. Overall, the Greater Lowell Family YMCA stands out for its financial reliability and governance, making it a strong candidate for support from those interested in community-focused organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Lowell Family Ymca legitimate?
Greater Lowell Family Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Lowell Family 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: $184,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,488,884
For more financial information, click here
Official website here: www.greaterlowellymca.org
What is the mission statement of Greater Lowell Family Ymca?
The Greater Lowell Family YMCA's mission is to strengthen its community by promoting youth development, healthy living, and social responsibility for all. This is achieved through programs that align with its core values of caring, honesty, respect, and responsibility. The organization is committed to nurturing the potential of every child and teen, providing opportunities for cognitive, social, physical, and emotional growth. This is evident in their programs such as pre-school, school-age child care, summer day camps, and aquatic programs. The YMCA also offers financial assistance, with expenses totaling $178,722, enabling participation for many young people.
Official website here: www.greaterlowellymca.org
Who is the CEO of Greater Lowell Family Ymca?
Kevin Morrissey is the Director of Greater Lowell Family Ymca. The CEO's salary of Greater Lowell Family Ymca is $137,793 and their total compensation is $174,853.
Official website here: www.greaterlowellymca.org
What is the revenue of Greater Lowell Family Ymca?
Greater Lowell Family Ymca's revenue in 2022 was $5,199,632.
Official website here: www.greaterlowellymca.org
Who are the executives of Greater Lowell Family Ymca and what are their salaries?
The average compensation at Greater Lowell Family Ymca during 2022 was $11,137. There are 240 employees and 56 volunteers at Greater Lowell Family Ymca.
Here are 17 key members and their salaries (Greater Lowell Family Ymca's CEO's salary is $137,793 and their total compensation is $174,853):
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- Compensation: $137,793
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- Other: $37,060
Official website here: www.greaterlowellymca.org
Where can I find the form 990 for Greater Lowell Family Ymca?
Greater Lowell Family Ymca's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greaterlowellymca.org
Learn more at the official website: www.greaterlowellymca.org
Mission Statement of Greater Lowell Family Ymca
The Greater Lowell Family YMCA is dedicated to strengthening its community by promoting youth development, healthy living, and social responsibility. This is achieved through programs influenced by the organization's core values of caring, honesty, respect, and responsibility. The YMCA is committed to nurturing the potential of every child and teen, providing opportunities for young people to discover their abilities and achieve their goals. This is achieved through programs such as pre-school, school-age child care, summer day camps, and aquatic programs, which enrich cognitive, social, physical, and emotional growth. The YMCA also offers subsidies and direct financial assistance, totaling $178,722, to ensure participation is possible for the young people they engage.
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Impact
July, 2024
The Greater Lowell Family YMCA has a significant impact on the community by supporting youth development, promoting healthy living, and fostering social responsibility. Through programs that uphold core values of caring, honesty, respect, and responsibility, the YMCA nurtures the potential of every child and teen. By providing opportunities for young people to develop values, skills, and relationships that lead to positive behaviors, improved health, and educational achievement, the YMCA enriches cognitive, social, physical, and emotional growth.
Additionally, the YMCA offers various programs such as preschool, school-age child care, summer day camps, and aquatic programs that cater to the needs of the community. With expenses covering subsidies and direct financial assistance totaling $178,722, the YMCA ensures that participation is accessible to the young individuals they engage with. Through its dedication to youth development and fostering a healthy community, the Greater Lowell Family YMCA plays a vital role in enriching the lives of individuals and families in Lowell, MA.
This information is meant to be a general summary of Greater Lowell Family 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: $42,350
- Program Service Revenue: $3,378,036
- Gross Receipts: $5,225,374
Assets and Liabilities:
- Total Assets: $10,924,042
- Total Liabilities: $3,588,649
- Net Assets: $7,335,393
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$3,378,036
Organization Details
Founding Year
1868
Phone
(978) 454-7825Principal Officer
Kevin Morrissey
Main Address
35 YMCA DRIVE, LOWELL, MA, 01852
Website
www.greaterlowellymca.orgNTEE Category
Code: P270 - Human services
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