Overview
What is Young Mens Christian Assoc Of Greenwich Inc?
Young Men's Christian Association of Greenwich Inc, located in Greenwich, Connecticut, is a dedicated nonprofit organization committed to fostering the development of children and adolescents. Their mission is to unite the community and enhance its well-being by offering programs and services that promote physical, mental, and spiritual growth. These initiatives include summer camps, childcare, competitive swimming, diving, and water polo, swim lessons, and youth sports, all designed to enrich cognitive, social, physical, and emotional growth. The YMCA of Greenwich provides essential support to families by offering subsidies and direct financial assistance, enabling young people who might otherwise be unable to participate to take part in these enriching activities. In 2022, they provided $129,784 in financial aid to such individuals. Their mission extends beyond care for working families, as they also assist in preparing these children for kindergarten. With a team of 131 dedicated individuals, the YMCA of Greenwich plays a vital role in shaping the lives of children and strengthening their community.
Official website here: www.gwymca.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating
The Young Men's Christian Association of Greenwich Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score reflects a strong performance in various financial metrics, particularly in Accountability & Finance, which is crucial for ensuring transparency and responsible management of donations.
Strengths of the organization include a fully independent board with 95% of its members being independent, a well-structured audit and oversight committee, and robust financial practices, demonstrated by a low liabilities to assets ratio at 7.40%. Additionally, the organization maintains strong policies regarding conflict of interest and whistleblowing, which further supports its commitment to ethical governance.
While the financial metrics are impressive, the data does not highlight specific programmatic outcomes or community impact, which are also important aspects for evaluating nonprofit effectiveness. However, the strong financial practices and governance structures suggest that the organization is well-positioned to achieve its mission and effectively serve the community.
This AI summary has been generated from information found on Charity Navigator.
Is Young Mens Christian Assoc Of Greenwich Inc legitimate?
Young Mens Christian Assoc Of Greenwich Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Assoc Of Greenwich 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: $240,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,284,681
For more financial information, click here
Official website here: www.gwymca.org
What is the mission statement of Young Mens Christian Assoc Of Greenwich Inc?
The Young Men's Christian Association of Greenwich's mission is centered around strengthening the community by providing programs and services that foster a healthy spirit, mind, and body for all individuals, regardless of age or gender. Their commitment to youth development is evident in their offerings, which aim to cultivate values, skills, and relationships that lead to positive behaviors, improved health, and enhanced educational achievements. They offer a variety of experiences through programs such as summer camp, childcare, competitive swimming, and youth sports, which contribute to cognitive, social, physical, and emotional growth. The YMCA also provides financial assistance to ensure participation in their programs is accessible to those who may not otherwise be able to afford it. In 2022, they offered $129,784 in financial aid to such individuals, thus playing a crucial role in supporting working families and preparing children for kindergarten.
Official website here: www.gwymca.org
Who is the CEO of Young Mens Christian Assoc Of Greenwich Inc?
Matthew Skaarup is the Ceo of Young Mens Christian Assoc Of Greenwich Inc. The CEO's salary of Young Mens Christian Assoc Of Greenwich Inc is $215,000 and their total compensation is $215,710.
Official website here: www.gwymca.org
What is the revenue of Young Mens Christian Assoc Of Greenwich Inc?
Young Mens Christian Assoc Of Greenwich Inc's revenue in 2022 was $6,851,307.
Official website here: www.gwymca.org
Who are the executives of Young Mens Christian Assoc Of Greenwich Inc and what are their salaries?
The average compensation at Young Mens Christian Assoc Of Greenwich Inc during 2022 was $19,272. There are 131 employees at Young Mens Christian Assoc Of Greenwich Inc.
Here are 21 key members and their salaries (Young Mens Christian Assoc Of Greenwich Inc's CEO's salary is $215,000 and their total compensation is $215,710):
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Official website here: www.gwymca.org
Where can I find the form 990 for Young Mens Christian Assoc Of Greenwich Inc?
Young Mens Christian Assoc Of Greenwich Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gwymca.org
Learn more at the official website: www.gwymca.org
Mission Statement of Young Mens Christian Assoc Of Greenwich Inc
The Young Men's Christian Associations of Greenwich, hereafter referred to as YMCA of Greenwich, is committed to fostering unity and strengthening the community. Their mission is to accomplish this by providing programs and services that promote the holistic development of individuals, encompassing their spirit, mind, and body. This nonprofit organization targets men, women, and children, believing in their inherent potential and the opportunity for growth and achievement.
Through various initiatives, the YMCA of Greenwich aims to nurture the values, skills, and relationships that foster positive behaviors, improved health, and educational success in children and teens. Their offerings include summer camps, childcare services, competitive swimming, diving, water polo, swim lessons, and youth sports, among others. These programs are meticulously designed to encourage cognitive, social, physical, and emotional growth. The organization also extends financial assistance and subsidies to ensure that these opportunities are accessible to young people who might otherwise be unable to participate. In 2022, the YMCA of Greenwich provided $129,784 in financial assistance to such individuals.
In addition to offering much-needed care for working families, the YMCA of Greenwich plays a significant role in preparing young children for kindergarten. Their mission extends beyond mere provision of services, as they strive to empower individuals and contribute to the betterment of their community.
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Impact
July, 2024
The impact of the Young Men's Christian Association (YMCA) of Greenwich is significant in nurturing the potential of every child and teen in the community. Through a variety of programs and services focused on youth development, such as summer camps, childcare, competitive sports, and educational activities, the YMCA of Greenwich helps young people cultivate essential values, skills, and relationships that contribute to positive behaviors, better health, and academic success.
By providing financial assistance and subsidies, the YMCA ensures that children from all backgrounds have access to these enriching experiences. In 2022 alone, the YMCA of Greenwich provided $129,784 in financial aid to young individuals who may otherwise not have been able to participate. This support not only benefits the children directly but also aids working families by offering much-needed care and preparing children for kindergarten.
In essence, the YMCA of Greenwich plays a vital role in enhancing the cognitive, social, physical, and emotional growth of youth in the community, fostering a healthy spirit, mind, and body for all individuals.
This information is meant to be a general summary of Young Mens Christian Assoc Of Greenwich 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: $32,061
- Program Service Revenue: $5,536,284
- Gross Receipts: $7,054,567
Assets and Liabilities:
- Total Assets: $37,124,709
- Total Liabilities: $2,749,976
- Net Assets: $34,374,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$2,668,088
HEALTHY LIVING
Revenue
$2,428,988
YOUTH DEVELOPMENT
Revenue
$439,208
Organization Details
Founding Year
1916
Phone
(203) 869-1630Principal Officer
Matthew Skaarup
Main Address
50 EAST PUTNAM AVE, GREENWICH, CT, 06830
Website
www.gwymca.orgNTEE Category
Code: P27Z - Human services
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