Overview
What is Ymca Of Wallingford Inc?
YMCA of Wallingford Inc, located at 81 South Elm Street, Wallingford, Connecticut, is a nonprofit organization dedicated to fostering holistic well-being. With a mission to strengthen the community, they offer programs, services, and relationships that nurture a healthy spirit, mind, and body. The YMCA provides supportive environments and relationships, which are crucial in today's society grappling with obesity, work-life balance issues, and personal fulfillment. They offer financial assistance to overcome economic barriers, serving an estimated 6,683 individuals in 2022, totaling $26,915. The organization employs 281 individuals. In essence, YMCA of Wallingford Inc is a community-focused nonprofit that promotes overall well-being, bridges gaps in accessibility through financial aid, and fosters relationships that strengthen families and communities.
Official website here: www.wallingfordymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
The YMCA of Wallingford Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The score is particularly notable as it is calculated entirely from the accountability and finance beacon, which emphasizes the organization’s commitment to financial integrity and transparency.
The nonprofit boasts a 100% independent board, which is a positive indicator of governance. Additionally, it has successfully implemented various policies such as conflict of interest and whistleblower protections, contributing to its top ratings in financial oversight. The organization maintains a high program expense ratio, suggesting that a significant portion of its funding is directed towards its core mission.
However, there are areas for potential improvement, such as its liabilities to assets ratio, which stands at 55.26%. While this is relatively healthy, monitoring and managing these liabilities may enhance the organization's financial stability further. Overall, the YMCA of Wallingford Inc demonstrates solid accountability practices, fostering trust among its stakeholders and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Ymca Of Wallingford Inc legitimate?
Ymca Of Wallingford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Of Wallingford 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: $387,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,361,387
For more financial information, click here
Official website here: www.wallingfordymca.org
What is the mission statement of Ymca Of Wallingford Inc?
The mission of YMCA of Wallingford Inc is to enhance the community by offering programs, services, and relationships that foster a healthy spirit, mind, and body. Their aim is to build strong individuals, families, and communities. The organization focuses on healthy living, advocating for health and well-being both internally and externally. They provide supportive environments and relationships to aid individuals in their pursuit of health and personal fulfillment. The YMCA is particularly significant in addressing issues such as the obesity crisis, work-life balance challenges, and personal satisfaction searches. They bring families together, offering support, recreational, and social networks that strengthen bonds. In 2022, they provided financial assistance to overcome economic barriers to participation, benefiting approximately 6,683 individuals.
Official website here: www.wallingfordymca.org
Who is the CEO of Ymca Of Wallingford Inc?
Sean Doherty is the Executive Director of Ymca Of Wallingford Inc.
Official website here: www.wallingfordymca.org
What is the revenue of Ymca Of Wallingford Inc?
Ymca Of Wallingford Inc's revenue in 2022 was $4,976,145.
Official website here: www.wallingfordymca.org
Who are the executives of Ymca Of Wallingford Inc and what are their salaries?
The average compensation at Ymca Of Wallingford Inc during 2022 was $9,783. There are 281 employees and 125 volunteers at Ymca Of Wallingford Inc.
Here are 19 key members and their salaries:
- Compensation: $145,600
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- Other: $18,680
- Compensation: $86,617
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- Other: $13,955
- Compensation: $84,367
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- Other: $6,749
- Compensation: $71,063
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- Other: $12,717
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Official website here: www.wallingfordymca.org
Where can I find the form 990 for Ymca Of Wallingford Inc?
Ymca Of Wallingford Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wallingfordymca.org
Learn more at the official website: www.wallingfordymca.org
Mission Statement of Ymca Of Wallingford Inc
The YMCA of Wallingford Inc is committed to strengthening the community's foundation by offering programs, services, and relationships that foster a healthy spirit, mind, and body. Their mission is to build strong kids, families, and communities. They achieve this by providing supportive environments and relationships that aid individuals in pursuing health and well-being, an area of significant need as the nation grapples with an obesity crisis and families struggle with work-life balance. The YMCA also brings families together, offering recreational and social networks that help build relationships and strengthen bonds.
In 2022, the YMCA of Wallingford Inc provided financial assistance to overcome economic barriers to participation, helping an estimated 6,683 individuals. This support is a testament to their dedication to ensuring access to their programs, services, and relationships, regardless of financial constraints. By fostering a sense of community and promoting overall well-being, the YMCA of Wallingford Inc plays a crucial role in enhancing the lives of those within its reach.
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Impact
July, 2024
The impact of YMCA of Wallingford Inc is significant in building a healthy spirit, mind, and body in individuals and families in the community. By providing supportive relationships and environments for successful pursuit of health and well-being, the organization plays a crucial role in addressing challenges such as the obesity crisis, work/life balance struggles, and the quest for personal fulfillment. Additionally, the YMCA brings families together, offering support, recreational activities, and social networks that strengthen relationships and bonds. In 2022 alone, the organization provided over $26,915 in financial assistance to help individuals overcome economic barriers to participation, serving an estimated 6,683 individuals. This tangible support and commitment to the well-being of the community make YMCA of Wallingford Inc a valuable asset in building strong kids, strong families, and a strong community.
This information is meant to be a general summary of Ymca Of Wallingford 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: $3,811
- Program Service Revenue: $4,139,776
- Gross Receipts: $5,010,950
Assets and Liabilities:
- Total Assets: $6,857,419
- Total Liabilities: $4,390,873
- Net Assets: $2,466,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE FEES
Revenue
$2,111,052
MEMBERSHIP FEES
Revenue
$1,134,801
PROGRAM SERVICE FEES
Revenue
$893,923
Organization Details
Founding Year
1944
Principal Officer
Sean Doherty
Main Address
81 SOUTH ELM STREET, WALLINGFORD, CT, 06492
Website
www.wallingfordymca.orgNTEE Category
Code: P27Z - Human services
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