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Valley Shore Ymca Inc

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

EIN: 060646979 ✦ Westbrook, CT ✦ Designated as a 501(c)(3)

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Overview

What is Valley Shore Ymca Inc?

Valley Shore YMCA Inc, based in Westbrook, Connecticut, is a dedicated nonprofit organization focused on promoting health, well-being, and community connection. Their mission involves fostering personal growth in spirit, mind, and body through various programs, making them a significant voice in this area. They cater to over 4000 individuals in their community, offering support, guidance, and resources to help them maintain a balanced and healthy lifestyle. Their programs, including fitness classes, sports leagues, instruction, weight loss programs, and wellness activities, are designed to be accessible, affordable, and inclusive, welcoming individuals of all faiths, backgrounds, abilities, and income levels. In 2022, they opened a state-of-the-art fitness center and provided financial assistance to those in need, ensuring their programs remain accessible. Moreover, the YMCA offers opportunities for senior members to socialize and improve their physical fitness, catering to the needs of the growing senior population. In total, they employ 147 individuals.


Official website here: www.vsymca.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100%, Four-Star out of Four Star rating

Valley Shore YMCA Inc has achieved an impressive score of 100%, reflecting strong accountability and financial practices. The organization has a well-structured governance model, with a majority of independent board members and high marks in various categories, such as financial oversight and conflict of interest policies. These metrics indicate that the nonprofit operates with transparency and adherence to best practices in financial management.

The organization's financial health is robust, as evidenced by a program expense ratio of 88.25%, suggesting that a significant portion of their funding is directed towards programs and services that benefit the community. Additionally, there are no material diversions of assets reported, indicating effective stewardship of resources. The low liabilities to assets ratio of 20.27% further underscores their financial stability.

While the data highlights strong governance and financial responsibility, there are no noted limitations or challenges from the feedback available. This overall positive assessment positions Valley Shore YMCA Inc as a trustworthy organization committed to serving its mission effectively.


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

What do the Facebook reviews say about Valley Shore Ymca Inc?

86% of 41 reviewers on Facebook recommend Valley Shore YMCA Inc. Here is a summary of their reviews:

Many users express satisfaction with the variety of classes offered, such as yoga and spin, highlighting the friendly atmosphere among members. The overall value for the price, which includes access to a gym, sauna, and pool, is frequently mentioned as a significant advantage.

Reviewers appreciate the supportive community and the range of fitness options available, suggesting that the YMCA effectively meets the needs of its members. Overall, the sentiment indicates that Valley Shore YMCA Inc delivers on its promises and provides a positive experience for those looking to stay active.


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

Is Valley Shore Ymca Inc legitimate?

Valley Shore Ymca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Shore Ymca 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: $111,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,144,923

For more financial information, click here


Official website here: www.vsymca.org

What is the mission statement of Valley Shore Ymca Inc?

The mission of Valley Shore YMCA Inc. is centered around fostering the overall development of individuals, encompassing their spiritual, intellectual, and physical well-being. This is accomplished in an environment that promotes mutual respect. The organization's key focus areas include youth development, promoting healthy living, and encouraging social responsibility. Through various programs and activities, Valley Shore YMCA aims to support individuals in maintaining a balanced lifestyle, offering resources and opportunities that cater to diverse faiths, backgrounds, abilities, and income levels. In 2022, they provided financial assistance to over 4,000 people, enabling them to participate in health and wellness programs despite financial constraints. The organization also caters to senior members, offering opportunities for socialization and physical fitness, which is crucial for active and productive retirement years.


Official website here: www.vsymca.org

Who is the CEO of Valley Shore Ymca Inc?

Unavailable The CEO's salary of Valley Shore Ymca Inc is $101,562 and their total compensation is $108,917.


Official website here: www.vsymca.org

What is the revenue of Valley Shore Ymca Inc?

Valley Shore Ymca Inc's revenue in 2022 was $2,545,298.


Official website here: www.vsymca.org

Who are the executives of Valley Shore Ymca Inc and what are their salaries?

The average compensation at Valley Shore Ymca Inc during 2022 was $8,548. There are 147 employees and 124 volunteers at Valley Shore Ymca Inc.


Here are 16 key members and their salaries (Valley Shore Ymca Inc's CEO's salary is $101,562 and their total compensation is $108,917):


Ethan Weiner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacquelyn Waddock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Ozols (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Merrick (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Slobin ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Fuchs ()
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brown ()
  • Compensation: $0
  • Related: $0
  • Other: $0
James Spallone ()
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gamble ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Bazinet ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Biega ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Goldberg ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lemonte ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Deblieux ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Scierka ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Sharillo (Ceo)
  • Compensation: $101,562
  • Related: $0
  • Other: $7,355


Official website here: www.vsymca.org

Where can I find the form 990 for Valley Shore Ymca Inc?

Valley Shore Ymca Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vsymca.org

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

Mission Statement of Valley Shore Ymca Inc

Valley Shore YMCA, a nonprofit organization, is committed to fostering the holistic development of individuals in spirit, mind, and body. This is achieved in an environment that promotes mutual respect. The organization's primary areas of focus include youth development, promoting healthy living, and encouraging social responsibility.

In the realm of youth development, Valley Shore YMCA aims to empower young individuals, encouraging their growth and personal development. This is done through a variety of activities, fostering connections, and supporting their journey towards personal fulfillment and socialization, particularly in a post-Covid world.

The healthy living aspect of Valley Shore YMCA's mission is centered around promoting well-being. They do this by providing a wide range of fitness, sports, and leisure activities. These programs aim to support individuals in maintaining a healthy lifestyle, addressing the nation's obesity crisis and supporting families with work-life balance issues. The organization also offers financial assistance to ensure its programs are accessible to all, regardless of income level.

Additionally, Valley Shore YMCA recognizes the importance of social responsibility. They strive to create opportunities for older adults to socialize and improve their physical fitness, contributing to more active and productive lives in retirement. Approximately 25% of their members fall into this category, with many benefiting from subsidized programs supported by membership and donations.

In summary, Valley Shore YMCA is dedicated to the comprehensive development of individuals. Through its focus on youth development, healthy living, and social responsibility, it provides a supportive environment that nurtures growth, fosters connections, and encourages healthy lifestyles.

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Impact




July, 2024

Valley Shore YMCA Inc's impact is profound in the area of healthy living. By providing a variety of classes, sports leagues, instruction, weight loss programs, and wellness activities, they support over 4000 people in the community to achieve greater health in spirit, mind, and body. This is especially crucial as the nation grapples with an obesity crisis, families seek work-life balance, and individuals look for fulfillment and socialization in a post-Covid world. The Y ensures that its programs are accessible, affordable, and open to individuals of all faiths, backgrounds, abilities, and income levels.

Moreover, Valley Shore YMCA Inc awarded $91,000 in financial assistance in 2022 to enable those who may not have been able to afford to participate otherwise. Additionally, approximately 25% of their members are active older adults, with initiatives that help them socialize, improve physical fitness, and lead more active lives in retirement. Nearly seven out of ten seniors were on a no-cost or low-cost insurance plan, further highlighting the organization's dedication to inclusivity and support for all members of the community.




This information is meant to be a general summary of Valley Shore Ymca 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
$2,545,298 (2022)
Expenses
$2,727,769 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,025
  • Program Service Revenue: $2,187,889
  • Gross Receipts: $2,561,749

Assets and Liabilities:

  • Total Assets: $6,220,981
  • Total Liabilities: $1,326,019
  • Net Assets: $4,894,962

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Programs

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

Healthy Living

Revenue

$1,412,521

Youth Development

Revenue

$775,368

Social Responsibility

Organization Details

Founding Year

1917

Main Address

PO Box 694, Westbrook, CT, 064980694

NTEE Category

Code: P27Z - Human services

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