Young Mens Christian Association Of Olean Ny And Bradford Pa

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

EIN: 160743241 ✦ Olean, NY ✦ Designated as a 501(c)(3)

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Overview

What is Young Mens Christian Association Of Olean Ny And Bradford Pa?

The Young Men's Christian Association of Olean, NY, and Bradford, PA (YMCA) is a not-for-profit organization dedicated to enhancing the spiritual, mental, social, and physical well-being of the community. Based in Olean, New York, with a workforce of 633 employees, the YMCA provides a range of low-cost, high-quality programs for families and individuals, including pre-school, after-school enrichment, child care, day camps, parent-child programs, and youth leadership opportunities. These programs aim to strengthen families and develop character, often delivering life-changing experiences. Through its efforts, the YMCA supports the overall improvement and well-being of the community.


Official website here: www.twintiersymca.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Young Men's Christian Association of Olean, NY and Bradford, PA has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored a perfect 100% for having an independent board, which suggests strong governance and oversight. Additionally, there are no issues with asset diversion, indicating a transparent and responsible management of resources.

In terms of financial efficiency, the Y's program expense ratio stands at an impressive 74.69%, meaning that a significant portion of its expenditures is directed towards its programs rather than administrative costs. This is a positive indicator of the charity's commitment to its mission and the effective use of its funds.

While the organization demonstrates strong financial practices and governance, the summary does not highlight any specific programs or impacts, which could provide additional context regarding the effectiveness of its services. Overall, the YMCA of Olean and Bradford appears to be a well-managed organization that prioritizes financial accountability and program delivery.


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

Is Young Mens Christian Association Of Olean Ny And Bradford Pa legitimate?

Young Mens Christian Association Of Olean Ny And Bradford Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Association Of Olean Ny And Bradford Pa 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: $326,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,702,026

For more financial information, click here


Official website here: www.twintiersymca.org

What is the mission statement of Young Mens Christian Association Of Olean Ny And Bradford Pa?

The Young Men's Christian Association (YMCA) is a not-for-profit organization dedicated to enhancing the spiritual, mental, social, and physical well-being of the community. The association offers a range of low-cost, quality programs designed to strengthen families and develop character, including pre-school programs, after-school enrichment, child care, day camps, parent-child activities, and youth leadership initiatives. These programs provide valuable experiences that can significantly impact the lives of those involved.


Official website here: www.twintiersymca.org

Who is the CEO of Young Mens Christian Association Of Olean Ny And Bradford Pa?

Jeff Townsend is the Ceo of Young Mens Christian Association Of Olean Ny And Bradford Pa. The CEO's salary of Young Mens Christian Association Of Olean Ny And Bradford Pa is $82,273 and their total compensation is $91,973.


Official website here: www.twintiersymca.org

What is the revenue of Young Mens Christian Association Of Olean Ny And Bradford Pa?

Young Mens Christian Association Of Olean Ny And Bradford Pa's revenue in 2022 was $12,713,617.


Official website here: www.twintiersymca.org

Who are the executives of Young Mens Christian Association Of Olean Ny And Bradford Pa and what are their salaries?

The average compensation at Young Mens Christian Association Of Olean Ny And Bradford Pa during 2022 was $7,944. There are 633 employees at Young Mens Christian Association Of Olean Ny And Bradford Pa.


Here are 22 key members and their salaries (Young Mens Christian Association Of Olean Ny And Bradford Pa's CEO's salary is $82,273 and their total compensation is $91,973):


Brenda Threehouse (Cfo)
  • Compensation: $126,798
  • Related: $0
  • Other: $4,396
Jeff Townsend (Ceo)
  • Compensation: $94,447
  • Related: $0
  • Other: $9,087
Barbara Sweitzer (Ceo (Retired))
  • Compensation: $82,273
  • Related: $0
  • Other: $9,700
William Leven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smith (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Marie Wright (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Palumbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Potter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Pascarella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Taggerty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Emrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Proto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Cecchi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hendryx (Past Bd. Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Curcio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Donovan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Strotman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skip Wilday (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twintiersymca.org

Where can I find the form 990 for Young Mens Christian Association Of Olean Ny And Bradford Pa?

Young Mens Christian Association Of Olean Ny And Bradford Pa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.twintiersymca.org

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

Mission Statement of Young Mens Christian Association Of Olean Ny And Bradford Pa

The Young Men's Christian Association of Olean, NY and Bradford, PA (YMCA) is a not-for-profit organization dedicated to enhancing the spiritual, mental, social, and physical well-being of the community. This association works towards improving various aspects of individuals' lives, focusing on their overall development.

More specifically, the YMCA offers a range of affordable, high-quality programs that strengthen families and foster character development. Some of these programs include pre-school, after-school enrichment, child care, day camps, parent-child initiatives, and youth leadership opportunities. These programs provide valuable experiences that can significantly impact the lives of those involved.

The YMCA's commitment to the community extends beyond providing essential services. It strives to create an inclusive and welcoming environment where individuals from all walks of life can come together, learn, and grow. Overall, the Young Men's Christian Association of Olean, NY and Bradford, PA is a vital community resource, inspiring personal growth and positive change through its diverse and impactful offerings.

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Impact




October, 2024

The Young Men's Christian Association of Olean, NY, and Bradford, PA, significantly enhances the community by promoting the spiritual, mental, social, and physical well-being of its residents. By providing low-cost, quality programs, the YMCA plays a vital role in youth development and family support. Its offerings include preschool, after-school enrichment, childcare, day camps, and parent-child initiatives that foster meaningful connections and growth. These programs not only strengthen family bonds but also equip young people with the character-building skills necessary for success, creating transformative experiences that can positively impact their futures. Through a commitment to community engagement and personal development, the YMCA contributes to a healthier, more vibrant society.




This information is meant to be a general summary of Young Mens Christian Association Of Olean Ny And Bradford Pa. 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
$12,713,617 (2022)
Expenses
$9,050,917 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,698
  • Program Service Revenue: $2,927,265
  • Gross Receipts: $12,713,617

Assets and Liabilities:

  • Total Assets: $18,815,589
  • Total Liabilities: $6,020,659
  • Net Assets: $12,794,930

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Programs

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

CHILDCARE

Revenue

$1,248,203

MEMBERSHIP REVENUE

Revenue

$1,542,907

PROGRAM FEES

Revenue

$136,155

Organization Details

Founding Year

1886

Principal Officer

Jeff Townsend

Main Address

1101 WAYNE STREET, OLEAN, NY, 14760

NTEE Category

Code: Z99 - Unknown

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