Overview
What is The Waterbury Young Men's Christian Association?
The Waterbury Young Men's Christian Association, often abbreviated as the Waterbury YMCA, is a distinguished nonprofit organization located in Waterbury, Connecticut. Committed to youth development, the YMCA strives to cultivate the potential of every child and teen, believing in the importance of providing opportunities for personal growth. Their programs, such as child care, youth sports, camp programs, and various youth activities, enrich cognitive, social, physical, and emotional growth. The Waterbury YMCA Child Development Center served over 300 children daily and 900 overall, offering high-quality preschool programming through a sliding fee scale. Additionally, they offer school readiness programs, after-school programs, and summer camps at various locations within the greater Waterbury area. The Waterbury YMCA also provides camp scholarships to financially disadvantaged families, enabling children to experience wholesome values and make new friends in an enriching environment. The organization's mission is to strengthen community through youth development, healthy living, and social responsibility, serving as a powerful association of individuals committed to lasting personal and social change.
Official website here: www.waterburyymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Waterbury Young Men's Christian Association has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. This high score is primarily based on an excellent performance in the Accountability & Finance category, indicating that the organization operates with integrity and efficiently manages its resources.
Key strengths of the organization include a fully independent board of directors, which enhances its governance and decision-making processes. The YMCA has also demonstrated robust financial practices, with a program expense ratio of over 85%, indicating that a significant portion of its funds is allocated towards its programs and services. Additionally, the presence of various policies, such as conflict of interest and whistleblower protections, further supports its ethical operations.
Despite its strengths, the data does not highlight any significant limitations or challenges faced by the organization. The absence of material diversion of assets and sound financial ratios suggest that The Waterbury YMCA is well-positioned to continue its mission effectively and responsibly. Overall, it stands out as a trustworthy nonprofit dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Waterbury Young Men's Christian Association legitimate?
The Waterbury Young Men's Christian Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Waterbury Young Men's Christian Association 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: $345,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.waterburyymca.org
What is the mission statement of The Waterbury Young Men's Christian Association?
The Waterbury Young Men's Christian Association (YMCA) is dedicated to strengthening communities through youth development, promoting healthy living, and fostering social responsibility. This powerful association of individuals is committed to bringing about long-lasting personal and social change. With a focus on nurturing the potential of children and teens, improving community health and well-being, and providing opportunities to give back and support neighbors, the YMCA empowers youth, adults, families, and communities to live healthily, confidently, connected, and secure.
Official website here: www.waterburyymca.org
Who is the CEO of The Waterbury Young Men's Christian Association?
Unavailable The CEO's salary of The Waterbury Young Men's Christian Association is $220,456 and their total compensation is $242,502.
Official website here: www.waterburyymca.org
What is the revenue of The Waterbury Young Men's Christian Association?
The Waterbury Young Men's Christian Association's revenue in 2022 was $8,254,179.
Official website here: www.waterburyymca.org
Who are the executives of The Waterbury Young Men's Christian Association and what are their salaries?
The average compensation at The Waterbury Young Men's Christian Association during 2022 was $844. There are 409 employees and 112 volunteers at The Waterbury Young Men's Christian Association.
Here are 23 key members and their salaries (The Waterbury Young Men's Christian Association's CEO's salary is $220,456 and their total compensation is $242,502):
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- Compensation: $124,714
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- Compensation: $220,456
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- Other: $22,046
Official website here: www.waterburyymca.org
Where can I find the form 990 for The Waterbury Young Men's Christian Association?
The Waterbury Young Men's Christian Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterburyymca.org
Learn more at the official website: www.waterburyymca.org
Mission Statement of The Waterbury Young Men's Christian Association
The Waterbury YMCA, as a committed association, strives to strengthen its community by focusing on three primary areas: youth development, promoting healthy living, and fostering social responsibility. This nonprofit organization is dedicated to nurturing the potential in every child and teenager, thereby contributing to their growth and confidence. The YMCA further aims to improve community health and well-being, providing opportunities for individuals to enhance their lives and support their neighbors. By embracing these goals, the Waterbury YMCA aims to empower youth, adults, families, and communities, enabling them to lead healthy, confident, connected, and secure lives.
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Impact
July, 2024
The Waterbury Young Men's Christian Association has a profound impact on the community by nurturing the potential of children and teens through various youth development programs. These programs, such as child care, youth sports, and camp programs, offer experiences that enrich cognitive, social, physical, and emotional growth. The YMCA's School Readiness Program, serving over 300 children daily and 900 overall, provides high-quality preschool education with a sliding fee scale, promoting developmental needs, safety, and positive relationships between parents and staff.
In addition, the YMCA's School Age Childcare Program focuses on providing age-appropriate services that encourage curiosity, exploration, and initiative. Through structured daily schedules and a variety of indoor and outdoor activities, children are given the opportunity to develop leadership, teamwork, and self-esteem. Furthermore, the YMCA's camp programs at Camp Mataucha and Camp Oakasha have been providing camping experiences focused on teaching positive values such as caring, honesty, respect, and responsibility to over 1,250 campers per season.
Overall, The Waterbury YMCA's commitment to youth development, healthy living, and social responsibility has positively impacted the lives of children and families in the community by fostering personal growth, building important life skills, and promoting a sense of community and belonging.
This information is meant to be a general summary of The Waterbury Young Men's Christian Association. 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: $131,124
- Program Service Revenue: $2,972,424
- Gross Receipts: $8,830,482
Assets and Liabilities:
- Total Assets: $20,990,946
- Total Liabilities: $6,274,523
- Net Assets: $14,716,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Youth Development
Revenue
$1,810,489
Healthy Living
Revenue
$1,154,687
Social Responsibility
Revenue
$7,248
Organization Details
Founding Year
1858
Phone
(203) 754-9622Main Address
136 West Main Street, Waterbury, CT, 06702
Website
www.waterburyymca.orgNTEE Category
Code: P20 - Human services
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