Overview
What is Ymca Of Martha's Vineyard Inc?
YMCA of Martha's Vineyard Inc is a renowned nonprofit organization situated in Vineyard Haven, Massachusetts. With a strong commitment to promoting the growth and well-being of youth, seniors, and families, they offer a wide range of programs. These programs encompass the development of children and young individuals, engaging activities for the elderly, and family-focused health and wellness initiatives, all aligned with the YMCA's core values of compassion, honesty, respect, and responsibility. Their mission is to enhance the quality of life for the Martha's Vineyard Island community by aiding individuals in realizing their full potential, encompassing the development of their bodies, minds, and spirits. With a dedicated workforce of 157 employees, YMCA of Martha's Vineyard Inc plays a significant role in fostering personal growth and community development.
Official website here: www.ymcamv.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The YMCA of Martha's Vineyard has earned a high score of 95%, reflecting strong accountability and financial health. This rating is significant as it highlights the organization's effective governance structure, with 100% of board members being independent. This independence is crucial for unbiased decision-making and ensuring the organization's mission is prioritized.
Strengths of the organization include a robust financial oversight framework, evidenced by a fully compliant audit and oversight committee, and no reported material diversions of assets. Additionally, the nonprofit maintains transparency through various policies, such as conflict of interest and whistleblower protections, contributing to its strong accountability measures.
However, while the program expense ratio is fairly high at 69.19%, indicating a substantial portion of funds is directed toward programs, there may still be room for improvement in maximizing program spending compared to administrative costs. Overall, the YMCA of Martha's Vineyard demonstrates a commitment to effective management and financial responsibility, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ymca Of Martha's Vineyard Inc legitimate?
Ymca Of Martha's Vineyard Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Of Martha's Vineyard 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: $333,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,117,986
For more financial information, click here
Official website here: www.ymcamv.org
What is the mission statement of Ymca Of Martha's Vineyard Inc?
The YMCA of Martha's Vineyard Inc is dedicated to improving the quality of life for children, individuals, families, and the community by enabling people to realize their potential through the development of their body, mind, and spirit. Their mission encompasses various programs that promote child and youth development, activities for seniors, and family-centered health and wellness, all based on the YMCA's core values of caring, honesty, respect, and responsibility.
Official website here: www.ymcamv.org
Who is the CEO of Ymca Of Martha's Vineyard Inc?
Unavailable The CEO's salary of Ymca Of Martha's Vineyard Inc is $168,233 and their total compensation is $197,950.
Official website here: www.ymcamv.org
What is the revenue of Ymca Of Martha's Vineyard Inc?
Ymca Of Martha's Vineyard Inc's revenue in 2022 was $4,116,431.
Official website here: www.ymcamv.org
Who are the executives of Ymca Of Martha's Vineyard Inc and what are their salaries?
The average compensation at Ymca Of Martha's Vineyard Inc during 2022 was $15,613. There are 157 employees and 27 volunteers at Ymca Of Martha's Vineyard Inc.
Here are 20 key members and their salaries (Ymca Of Martha's Vineyard Inc's CEO's salary is $168,233 and their total compensation is $197,950):
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Official website here: www.ymcamv.org
Where can I find the form 990 for Ymca Of Martha's Vineyard Inc?
Ymca Of Martha's Vineyard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymcamv.org
Learn more at the official website: www.ymcamv.org
Mission Statement of Ymca Of Martha's Vineyard Inc
The YMCA of Martha's Vineyard Inc is committed to enhancing the quality of life for children, individuals, families, and the wider community on the Martha's Vineyard Island. This dedication is centered around helping every person realize their potential through the development of their body, mind, and spirit. The organization's mission is multifaceted, encompassing various programs that promote child and youth development, engage seniors in meaningful activities, and encourage family-centered health and wellness. The YMCA of Martha's Vineyard Inc upholds the core values of caring, honesty, respect, and responsibility in all its endeavors. The organization's work is instrumental in fostering an environment where individuals can grow, learn, and thrive, ultimately leading to a stronger and more harmonious community.
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Impact
July, 2024
Ymca Of Martha's Vineyard Inc's impact is reflected in its dedication to improving the quality of life for children, individuals, families, and the Martha's Vineyard Island community. Through programs that promote child and youth development, activities for seniors, and family-centered health and wellness initiatives, the YMCA of Martha's Vineyard strives to help all people realize their potential. By emphasizing core values such as caring, honesty, respect, and responsibility, the organization plays a significant role in fostering a sense of community and well-being on the island.
This information is meant to be a general summary of Ymca Of Martha's Vineyard 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: $41,095
- Program Service Revenue: $2,713,112
- Gross Receipts: $4,116,431
Assets and Liabilities:
- Total Assets: $22,725,229
- Total Liabilities: $738,160
- Net Assets: $21,987,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Revenue
Revenue
$1,571,663
Day Camp Revenue
Revenue
$275,217
Childcare Revenue -- School Age
Revenue
$204,190
Resident Camp Revenue
Childcare Revenue -- Infant/Toddler/Preschool
Organization Details
Founding Year
1996
Phone
(508) 696-7171Main Address
111R Edgartown Road, Vineyard Haven, MA, 02568
Website
www.ymcamv.orgNTEE Category
Code: N32 - Recreation
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