Overview
What is Young Men's Christian Association Of Newark & Vicinity?
The Young Men's Christian Association of Newark & Vicinity, established in 1881, is a nonprofit organization located in Newark, New Jersey. Known for delivering innovative and effective programs, it aims to address local needs and serve diverse communities, with a focus on those less connected to existing community programs. Its mission is to enhance the quality of life through programs that foster physical, mental, and spiritual well-being for all. The organization offers a range of services, including safe and supportive shelters for individuals and families in crisis, counseling, food pantries, and referral services. The youth shelter provides life skills training, education, and counseling to adolescents in crisis. The YMCA also operates a supportive housing program for chronically homeless families and individuals, offering on-site services tailored to individual needs. Over the past year, they have assisted 232 residents in this program. The Newark YMCA has a strong commitment to nurturing the potential of youth and promoting social responsibility. Their services have helped 1,936 individuals find safe shelter, with over 605 being children. They have also connected 90% of youth with educational programs or tutoring services. The organization's efforts in the community extend to collaborations with schools, families, and community leaders.
Official website here: www.info@newarkymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Young Men's Christian Association of Newark & Vicinity has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% in this category, indicating effective management of its financial resources and commitment to transparency. This rating is significant as it highlights the nonprofit's reliability and trustworthiness in handling donations and funding.
Strengths of the YMCA include a fully independent board comprised of 24 members and robust policies that ensure accountability, such as conflict of interest and whistleblower policies. The organization has also demonstrated a high program expense ratio of nearly 80%, suggesting that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, all financial documentation is meticulously maintained, with regular audits and oversight in place.
While the organization shows strong financial health with a low liabilities to assets ratio, it is crucial to monitor ongoing performance to ensure that this positive trend continues. Overall, the YMCA of Newark & Vicinity stands out as a well-managed nonprofit that prioritizes its mission and serves its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Young Men's Christian Association Of Newark & Vicinity legitimate?
Young Men's Christian Association Of Newark & Vicinity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Christian Association Of Newark & Vicinity 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: $350,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,308,250
For more financial information, click here
Official website here: www.info@newarkymca.org
What is the mission statement of Young Men's Christian Association Of Newark & Vicinity?
The Young Men's Christian Association (YMCA) in this context serves as a resource for individuals, families, and communities, aiming to enhance the quality of life through programs that foster physical, mental, and spiritual well-being for all. Historically, the YMCA has collaborated with schools, families, and community leaders to address local needs in a culturally responsive manner, with a special focus on those who have not engaged with community programs before. The organization is particularly committed to nurturing the potential of youth, promoting healthy living, and fostering a sense of social responsibility.
Last year, the YMCA offered safe and supportive shelter to 1,936 individuals, with over 605 being children. The organization's youth shelter provides counseling, life skills training, education, and other critical support to teens in crisis. Additionally, the YMCA's YES and ERC programs have offered life-changing services to more than 60 youth in need. Nurturing caseworkers help these youth re-establish family bonds, get back to school, and achieve their goals. The organization was able to connect 90% of the youth with an educational program or tutoring services. Furthermore, the YMCA's supportive housing program provided permanent housing to 232 residents, offering necessary on-site services based on individual needs assessments.
Official website here: www.info@newarkymca.org
Who is the CEO of Young Men's Christian Association Of Newark & Vicinity?
Unavailable The CEO's salary of Young Men's Christian Association Of Newark & Vicinity is $200,363 and their total compensation is $220,399.
Official website here: www.info@newarkymca.org
What is the revenue of Young Men's Christian Association Of Newark & Vicinity?
Young Men's Christian Association Of Newark & Vicinity's revenue in 2022 was $8,478,560.
Official website here: www.info@newarkymca.org
Who are the executives of Young Men's Christian Association Of Newark & Vicinity and what are their salaries?
The average compensation at Young Men's Christian Association Of Newark & Vicinity during 2022 was $18,857. There are 194 employees and 547 volunteers at Young Men's Christian Association Of Newark & Vicinity.
Here are 28 key members and their salaries (Young Men's Christian Association Of Newark & Vicinity's CEO's salary is $200,363 and their total compensation is $220,399):
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- Other: $31,801
Official website here: www.info@newarkymca.org
Where can I find the form 990 for Young Men's Christian Association Of Newark & Vicinity?
Young Men's Christian Association Of Newark & Vicinity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.info@newarkymca.org
Learn more at the official website: www.info@newarkymca.org
Mission Statement of Young Men's Christian Association Of Newark & Vicinity
The Young Men's Christian Association of Newark & Vicinity, established in 1881, is dedicated to serving its community through innovative and effective programs that address local needs. This organization operates with a mission to serve all families in a culturally responsive manner, with a particular emphasis on those who have not been previously connected with community programs. Their objective is to improve the quality of life for individuals, families, and communities, focusing on building healthy spirit, mind, and body for all.
In practice, the Young Men's Christian Association of Newark & Vicinity has demonstrated its commitment to this mission by providing essential support services. Last year, 1,936 individuals found safe and supportive shelter at the Y, with more than 605 being children. Their youth shelter offers counseling, life skills training, education, and other critical support to teens in crisis. Additionally, the YMCA's Yes and ERC programs have provided life-changing services to over 60 youth over the past year. Their caseworkers help youth get back to school, re-establish family bonds, and meet their goals. The YMCA's supportive housing program also assists 232 residents, providing permanent housing to chronically homeless families and individuals. This program offers on-site services based on individual needs assessments, aiming to decrease the current level of recidivism of homelessness.
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Impact
October, 2024
The Young Men's Christian Association of Newark & Vicinity has made a significant impact on the local community since its inception in 1881. Through a broad spectrum of services, it addresses pressing community needs with innovative and effective programs tailored to support individuals and families, particularly those who have previously been disconnected from available resources.
Last year, the YMCA provided safe shelter for 1,936 individuals, including over 605 children, highlighting its crucial role in offering refuge and support. The organization runs a youth shelter that not only ensures safety but also delivers counseling, life skills training, and educational support for teens in crisis. By connecting 90% of these youths to educational programs or tutoring services, the YMCA plays a vital role in their development and future success.
Furthermore, the supportive housing program assists 232 residents, providing permanent housing solutions for chronically homeless families and individuals. This program is designed through meticulous individual needs assessments, ensuring that each resident receives the tailored services required to foster stability and reduce the chances of recurring homelessness.
Through collaboration with schools, families, and community leaders, the YMCA continues to nurture the potential of youth, promote healthy living, and instill a sense of social responsibility, making a lasting impact on the well-being of Newark and its surrounding areas.
This information is meant to be a general summary of Young Men's Christian Association Of Newark & Vicinity. 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: $11,427
- Program Service Revenue: $1,042,137
- Gross Receipts: $8,685,565
Assets and Liabilities:
- Total Assets: $7,772,987
- Total Liabilities: $3,717,416
- Net Assets: $4,055,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Social Responsibility
Revenue
$471,944
Youth Development
Revenue
$449,371
Healthy Living
Revenue
$120,822
Organization Details
Founding Year
1881
Phone
(973) 624-8900Main Address
600 BROAD STREET, NEWARK, NJ, 07102
Website
www.info@newarkymca.orgNTEE Category
Code: P270 - Human services
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