Overview
What is Ymca Of The North Shore Inc?
Ymca Of The North Shore Inc is a renowned nonprofit organization based in Beverly, Massachusetts. With a significant team of 1,500 employees and 300 volunteers, their mission is to strengthen communities, educate and nurture children, and encourage healthy living. They offer a broad range of programs, including childcare for approximately 1,900 children daily, day camps for over 4,100 children each summer, and youth services engaging more than 7,000 children. Their childcare programs provide a safe and nurturing environment, focusing on foundational skills and relationship building. Summer camps offer memorable experiences, and their youth services enrich cognitive, social, physical, and emotional growth. The YMCA distributed over $4,500,000 in financial assistance to support those in need, enabling participation for one in four individuals. Their strategic objectives include youth and teen skill development, reversing obesity, improving health outcomes, decreasing social isolation, and addressing basic needs for those facing financial difficulties.
Official website here: www.northshoreymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star Rating
The YMCA of the North Shore Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating exceptional accountability and financial health. This rating is based entirely on their strong performance in the Accountability & Finance beacon, reflecting a commitment to transparency and good governance.
The organization boasts a fully independent board, with 100% of members having no conflict of interest, and utilizes a robust audit and oversight committee. Their financial practices are solid, demonstrated by a low liabilities to assets ratio and a high program expense ratio, which suggests that the vast majority of their funds are directed toward their programs and services rather than administrative costs.
While the ratings are overwhelmingly positive, they serve as a reminder of the importance of continued diligence and high standards in nonprofit management. Overall, the YMCA of the North Shore Inc exemplifies best practices in operations, making it a trustworthy option for donors and community members alike.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ymca Of The North Shore Inc?
86% of 46 reviewers on Facebook recommend YMCA of the North Shore Inc. Here is a summary of their reviews:
Many participants appreciate the wide range of programs and activities offered by the YMCA, finding them beneficial and engaging. The facilities are often praised for being well-maintained and supportive of a healthy lifestyle. However, there are concerns regarding communication, particularly around policies and expiration dates of passes, which has led to frustration among some members.
Overall, while the majority of feedback reflects satisfaction with the YMCA’s offerings, there are a few voices expressing disappointment over clarity in policies, suggesting an area for improvement in user experience.
This AI summary has been generated from reviews found on Facebook.
Is Ymca Of The North Shore Inc legitimate?
Ymca Of The North Shore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Of The North Shore 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: $1,711,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,824,876
For more financial information, click here
Official website here: www.northshoreymca.org
What is the mission statement of Ymca Of The North Shore Inc?
The YMCA of the North Shore welcomes all individuals in their community. Their mission is threefold: strengthening communities, educating and nurturing children, and promoting healthy living in spirit, mind, and body. The organization sets strategic goals to provide skill development opportunities for youth and teens, combat obesity, enhance health outcomes, decrease social isolation, and offer support for those facing financial difficulties. With a team of 1,500 employees and 300 volunteers, the YMCA is dedicated to delivering high-quality services and providing financial assistance to over 9,000 individuals in need.
Official website here: www.northshoreymca.org
Who is the CEO of Ymca Of The North Shore Inc?
Christopher Lovasco is the CEO of Ymca Of The North Shore Inc The CEO's salary of Ymca Of The North Shore Inc is $460,166 and their total compensation is $513,027.
Official website here: www.northshoreymca.org
What is the revenue of Ymca Of The North Shore Inc?
Ymca Of The North Shore Inc's revenue in 2024 was $74,412,182.
Official website here: www.northshoreymca.org
Who are the executives of Ymca Of The North Shore Inc and what are their salaries?
The average compensation at Ymca Of The North Shore Inc during 2024 was $15,911. There are 2422 employees and 415 volunteers at Ymca Of The North Shore Inc.
Here are 50 key members and their salaries (Ymca Of The North Shore Inc's CEO's salary is $460,166 and their total compensation is $513,027):
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Official website here: www.northshoreymca.org
Where can I find the form 990 for Ymca Of The North Shore Inc?
Ymca Of The North Shore Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.northshoreymca.org
Learn more at the official website: www.northshoreymca.org
Mission Statement of Ymca Of The North Shore Inc
Ymca Of The North Shore Inc is a mission-driven organization that welcomes everyone in the community. Committed to strengthening neighborhoods, this nonprofit focuses on educating and nurturing children, as well as promoting healthy living for individuals in both physical, mental, and spiritual aspects. The team at Ymca Of The North Shore Inc has set strategic goals to reverse the obesity trend, improve overall health outcomes, decrease social isolation, and support those with financial difficulties.
With a dedicated team of 1,500 employees and 300 volunteers, Ymca Of The North Shore Inc is dedicated to providing exceptional services to the community. They offer skill development opportunities for youth and teenagers, ensuring they reach their full potential. This organization also prioritizes addressing the obesity epidemic by promoting healthy living and offering resources to help those in need. Furthermore, Ymca Of The North Shore Inc strives to improve health outcomes for all community members, reaching beyond the traditional scope of physical health to encompass mental and emotional well-being.
In addition, Ymca Of The North Shore Inc aims to decrease social isolation by creating inclusive spaces for diverse individuals. They recognize the importance of connection and provide opportunities for people to engage with one another. Lastly, they offer financial assistance to those in need, ensuring that everyone has access to their services and programs, regardless of their financial situation. With a strong commitment to serving their community, Ymca Of The North Shore Inc has distributed over $4,500,000 in financial assistance to over 9,000 individuals and families.
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Impact
October, 2024
Ymca Of The North Shore Inc has a profound impact on the communities it serves by focusing on youth development, healthy living, and community support. Through its various programs, it nurtures children, providing them with safe, enriching environments that foster growth and development. The YMCA serves approximately 1,900 children daily through its high-quality childcare programs, ensuring that young ones learn foundational skills while their parents can engage in the workforce with peace of mind.
The organization's commitment to affordable access is evident, as it provides over $1.4 million in financial assistance for childcare, enabling more than one in three children to benefit from these vital services. Furthermore, its summer camp programs create lasting memories for around 4,100 children, with significant financial support allowing many to participate, including those in summer learning loss prevention programs.
Youth services, encompassing a wide range of activities from sports to theater, reach over 7,000 children, ensuring diverse opportunities for personal development and community engagement. The financial assistance provided to participate in these programs underlines their commitment to inclusivity, as one in four youth received support.
The YMCA's strategic goals focus on health outcomes, combatting obesity, and addressing social isolation while supporting basic needs. With a dedicated team of 1,500 employees and 300 volunteers, Ymca Of The North Shore Inc embodies a mission of welcoming all individuals, thus strengthening the fabric of the community. Overall, the organization's extensive outreach and financial assistance underscore its vital role in enhancing the quality of life for thousands of children, adults, and families in the region.
This information is meant to be a general summary of Ymca Of The North Shore 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 2024.
- Investment Income: $537,763
- Program Service Revenue: $47,168,060
- Gross Receipts: $75,847,353
Assets and Liabilities:
- Total Assets: $129,611,197
- Total Liabilities: $41,445,301
- Net Assets: $88,165,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Revenue
Revenue
$20,295,415
Childcare Revenue -- Infant/Toddler/Preschool
Revenue
$10,041,412
Childcare Revenue -- School Age
Revenue
$6,732,430
Day Camp Revenue
Revenue
$4,030,833
Resident Camp Revenue
Revenue
$0
Organization Details
Founding Year
1858
Principal Officer
Mike Wheeler
Website
www.northshoreymca.orgNTEE Category
Code: P270 - Human services
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