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Ymca Foundation Of South Palm Beach County Inc

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

EIN: 050594761 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ymca Foundation Of South Palm Beach County Inc?

The YMCA Foundation of South Palm Beach County Inc is a nonprofit organization situated in Boca Raton, Florida. Established with the purpose of serving as a long-term financial resource, its main objective is to support the YMCA in addressing pressing community demands both now and in the future. The funds generated by the foundation are utilized to bolster existing programs, ensuring their continued success and impact within the community. The YMCA Foundation of South Palm Beach County Inc plays a crucial role in contributing to the well-being and growth of the local community.


Official website here: www.ymcaspbc.org

Is Ymca Foundation Of South Palm Beach County Inc legitimate?

Ymca Foundation Of South Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Foundation Of South Palm Beach County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ymcaspbc.org

What is the mission statement of Ymca Foundation Of South Palm Beach County Inc?

The YMCA Foundation of South Palm Beach County was established to serve as a permanent source of funding, enabling the YMCA to address critical community needs both currently and in the future. The earnings from this foundation support existing program areas, ensuring the continuity and expansion of the YMCA's efforts to improve the community. The foundation's mission is centered around providing financial stability and resources, allowing the YMCA to continue its mission of positively impacting lives and addressing community needs.


Official website here: www.ymcaspbc.org

Who is the CEO of Ymca Foundation Of South Palm Beach County Inc?

Gary Flaks is the President/Ceo of Ymca Foundation Of South Palm Beach County Inc. The CEO's salary of Ymca Foundation Of South Palm Beach County Inc is $0 and their total compensation is $312,028.


Official website here: www.ymcaspbc.org

What is the revenue of Ymca Foundation Of South Palm Beach County Inc?

Ymca Foundation Of South Palm Beach County Inc's revenue in 2022 was $126,881.


Official website here: www.ymcaspbc.org

Who are the executives of Ymca Foundation Of South Palm Beach County Inc and what are their salaries?

There 6 volunteers at Ymca Foundation Of South Palm Beach County Inc.


Here are 9 key members and their salaries (Ymca Foundation Of South Palm Beach County Inc's CEO's salary is $0 and their total compensation is $312,028):


Jason Hagensick (President/Ceo)
  • Compensation: $0
  • Related: $276,749
  • Other: $35,279
Gary Flaks (Vice President/Cfo)
  • Compensation: $0
  • Related: $204,229
  • Other: $37,957
Robert Nobles (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Nobles (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Devlin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher B Warren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Harris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Kaleel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Warner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ymcaspbc.org

Where can I find the form 990 for Ymca Foundation Of South Palm Beach County Inc?

Ymca Foundation Of South Palm Beach County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ymcaspbc.org

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

Mission Statement of Ymca Foundation Of South Palm Beach County Inc

The YMCA Foundation of South Palm Beach County Inc was established with a mission to serve as a permanent source of funding. This initiative allows the YMCA to address critical community needs both currently and in the future. The earnings derived from this fund are utilized to support existing program areas, ensuring the continuity and expansion of the YMCA's services to meet the evolving needs of the community.

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Impact




October, 2024

Ymca Foundation Of South Palm Beach County Inc plays a crucial role in addressing the community's needs by providing a sustainable source of funding for the YMCA. By ensuring a permanent financial foundation, the organization supports vital programs that enhance the quality of life for residents in Boca Raton and surrounding areas. This funding enables the YMCA to respond effectively to critical community needs, now and into the future.

The foundation’s commitment to community well-being is evident in its focus on recreational and educational programs. By funding existing initiatives and potentially developing new ones, the Ymca Foundation ensures that all community members have access to resources that promote health, wellness, and social connectivity. Through these efforts, the foundation makes a lasting impact, fostering a supportive environment that encourages personal growth and community engagement.




This information is meant to be a general summary of Ymca Foundation Of South Palm Beach County 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
$126,881 (2022)
Expenses
$25,982 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45,154
  • Gross Receipts: $4,020,876

Assets and Liabilities:

  • Total Assets: $4,437,083
  • Total Liabilities: $1,065
  • Net Assets: $4,436,018

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Organization Details

Founding Year

2004

Principal Officer

Gary Flaks

Main Address

2500 N Military Trail Suite 475, Boca Raton, FL, 33433

NTEE Category

Code: N11 - Recreation

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