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Young Men's Christian Association Southcoast Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042104749 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Young Men's Christian Association Southcoast Inc?

Young Men's Christian Association Southcoast Inc, based in New Bedford, Massachusetts, is a nonprofit organization committed to providing health and social services for thousands of youths, families, and individuals in the Southcoast region. Established over 160 years ago, their mission revolves around improving the spiritual, mental, social, educational, and physical conditions of all people. They accomplish this by offering opportunities for healthy living, social responsibility, and youth development through community support, guidance, resources, facilities, and expertise. They aim to lower or remove financial barriers for community members. Specifically, YMCA Southcoast operates childcare programs, including pre-school, before/afterschool, and child watch, which focus on the cognitive, physical, and social development of children. Staffed with individuals who understand the unique needs of kids, these programs foster trust and security, promote early literacy, and offer opportunities for friendship and skill-building. With a team of 713 employees, YMCA Southcoast is dedicated to creating confident kids today and contributing adults tomorrow.


Official website here: www.ymcasouthcoast.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)

The Young Men's Christian Association Southcoast Inc has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong commitment to accountability and financial integrity. This score is derived entirely from its accountability and finance practices, with no concerns regarding the diversion of assets or financial mismanagement noted in the assessment period.

Strengths of the organization include a fully independent board of 24 members, robust financial oversight through an audit committee, and comprehensive policies in place for conflicts of interest and whistleblower protections. The charity also demonstrates effective financial management, with a high program expense ratio of 84.26%, indicating that a significant portion of its funds is directed towards its programs.

While the data highlights the organization’s strengths in governance and financial health, it does not provide insight into the impact of its programs or services within the community. Nevertheless, the strong financial metrics and governance practices suggest that it operates with high standards of transparency and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Young Men's Christian Association Southcoast Inc?

74% of the five reviewers on Facebook recommend the Young Men's Christian Association Southcoast Inc. Here is a summary of their reviews:

Overall sentiments reflect a mixed experience with the nonprofit, particularly regarding membership management. One reviewer expressed frustration over ongoing charges after attempting to cancel their membership, pointing out difficulties in communication with staff and dissatisfaction with the resolution provided. This situation highlights potential issues with the cancellation process and customer service responsiveness.

While some users may appreciate the YMCA for its community focus and offerings, it is clear that there are notable challenges that could impact overall satisfaction. Reviews suggest that clarity in procedures and more supportive staff interactions could enhance the experience for future members.


This AI summary has been generated from reviews found on Facebook.

Is Young Men's Christian Association Southcoast Inc legitimate?

Young Men's Christian Association Southcoast Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Christian Association Southcoast 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: $458,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,100,619

For more financial information, click here


Official website here: www.ymcasouthcoast.org

What is the mission statement of Young Men's Christian Association Southcoast Inc?

The Young Men's Christian Association Southcoast Inc has been dedicated to enhancing the spiritual, mental, social, and physical well-being of individuals for over 160 years. By offering community support, resources, and expertise, the organization aims to help thousands of youths, families, and individuals lead healthy and successful lives. Their mission is to improve the overall conditions of all persons.

The YMCA Southcoast offers childcare programs that focus on the cognitive, physical, and social development of kids. Their preschool, before/afterschool, and child watch programs are staffed with individuals who understand the unique needs of children. At the Y, children develop trust and security, learn essential skills, and make friends. They also learn how to be their best selves, providing families with a sense of support. Confident kids today become contributing and engaged adults tomorrow.


Official website here: www.ymcasouthcoast.org

Who is the CEO of Young Men's Christian Association Southcoast Inc?

James F Scherer is the Chief Executive Officer of Young Men's Christian Association Southcoast Inc. The CEO's salary of Young Men's Christian Association Southcoast Inc is $205,376 and their total compensation is $238,382.


Official website here: www.ymcasouthcoast.org

What is the revenue of Young Men's Christian Association Southcoast Inc?

Young Men's Christian Association Southcoast Inc's revenue in 2022 was $13,503,401.


Official website here: www.ymcasouthcoast.org

Who are the executives of Young Men's Christian Association Southcoast Inc and what are their salaries?

The average compensation at Young Men's Christian Association Southcoast Inc during 2022 was $9,200. There are 713 employees and 14387 volunteers at Young Men's Christian Association Southcoast Inc.


Here are 31 key members and their salaries (Young Men's Christian Association Southcoast Inc's CEO's salary is $205,376 and their total compensation is $238,382):


Arthur D Frank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Mdeascentis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridgert Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary A Leblanc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hadley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tatelbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David W Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Robertson (Director (Until 6/15/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey W Swett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Kavanaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irving J Goss (Director (Until 6/15/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Muse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph R Costa (Director (Until 6/15/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen R Corkum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth A Shwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly M Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizanne Campbell (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Strasser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Mcfadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Rkuechler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Cbullard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean M Carney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven H Galavotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance A Gomes (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Anderson (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
William D Roth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James F Scherer (Chief Executive Officer)
  • Compensation: $205,376
  • Related: $0
  • Other: $33,006
Robert A Trahan (Chief Financial Officer)
  • Compensation: $191,734
  • Related: $0
  • Other: $23,633
Debra Fringuelli (Sr Executive Director)
  • Compensation: $128,216
  • Related: $0
  • Other: $12,818
Stephanie T Mancini (Sr Executive Director)
  • Compensation: $102,025
  • Related: $0
  • Other: $14,348


Official website here: www.ymcasouthcoast.org

Where can I find the form 990 for Young Men's Christian Association Southcoast Inc?

Young Men's Christian Association Southcoast Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ymcasouthcoast.org

Learn more at the official website: www.ymcasouthcoast.org

Mission Statement of Young Men's Christian Association Southcoast Inc

Young Men's Christian Association Southcoast, or YMCA Southcoast, has been dedicated to improving the spiritual, mental, social, educational, and physical conditions of individuals for over 160 years. This nonprofit organization has been working tirelessly to provide health and social services to thousands of youths, families, and individuals in the community.

At the heart of YMCA Southcoast's mission is the belief that opportunities for healthy and successful living should be accessible to everyone. They accomplish this by offering direct community support, guidance, resources, facilities, and expertise, as well as lowering or removing financial barriers. By doing so, they aim to help individuals lead healthier and more fulfilling lives.

The organization's commitment to youth development is evident in its various childcare programs. YMCA Southcoast understands the importance of building strong foundations for children's futures. Their pre-school, before/afterschool, and child watch programs are staffed with individuals who understand the cognitive, physical, and social development of children. Here, children learn trust and security, preschoolers experience early literacy and explore their world, and school-age kids make friends, learn new skills, and complete their homework. Most importantly, children learn to be their best selves, and families feel supported. This results in confident kids today and contributing and engaged adults tomorrow.

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Impact




October, 2024

Young Men's Christian Association Southcoast Inc. has a profound impact on the Southcoast region by addressing critical needs in healthy living, social responsibility, and youth development. For over 160 years, it has provided essential services to thousands of youths, families, and individuals, ensuring access to opportunities that empower them to lead healthy and successful lives.

The organization emphasizes child development through its comprehensive childcare programs, which are designed to foster cognitive, physical, and social growth. By creating a supportive environment, YMCA Southcoast enables children to build trust, develop literacy skills, and form friendships, laying a strong foundation for their future as engaged and contributing adults.

In addition to its childcare initiatives, YMCA Southcoast works to eliminate financial barriers to access, allowing more community members to benefit from its resources and facilities. This commitment to community support enhances not only individual well-being but also strengthens the fabric of the entire region, promoting a healthier, more connected society where everyone has the chance to thrive.




This information is meant to be a general summary of Young Men's Christian Association Southcoast 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.

Revenue
$13,503,401 (2022)
Expenses
$13,221,491 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59,727
  • Program Service Revenue: $6,979,003
  • Gross Receipts: $14,416,311

Assets and Liabilities:

  • Total Assets: $34,430,701
  • Total Liabilities: $10,317,145
  • Net Assets: $24,113,556

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HEALTH & WELLNESS FEES

Revenue

$4,004,491

PROGRAM SERVICE FEES

Revenue

$2,974,512

Organization Details

Founding Year

1883

Principal Officer

James F Scherer

Main Address

25 SOUTH WATER STREET, NEW BEDFORD, MA, 02740

NTEE Category

Code: P20 - Human services

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