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Olean-Bradford Ymca Foundation Inc

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

EIN: 275086933 ✦ Olean, NY ✦ Designated as a 501(c)(3)

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Overview

What is Olean-Bradford Ymca Foundation Inc?

Olean-Bradford YMCA Foundation Inc, located at 1101 Wayne Street, OLEAN, NY 14760, is a nonprofit organization with a primary mission to support the annual operating needs of the branches of the YMCA. Their main objective is to uphold the future purchasing power of their assets by achieving capital appreciation and growth of income. By building, investing, and managing funds, they aim to financially bolster the activities and operations of the YMCA of the Twin Tiers, furthering its mission.


Official website here: www.twintiersymca.org

Is Olean-Bradford Ymca Foundation Inc legitimate?

Olean-Bradford Ymca Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olean-Bradford Ymca Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.twintiersymca.org

What is the mission statement of Olean-Bradford Ymca Foundation Inc?

The Olean-Bradford YMCA Foundation Inc's primary mission is to support the annual operating needs of various YMCA branches. This is achieved by striving for capital appreciation and growth of income, with the aim of preserving the buying power of its assets. The Foundation further enhances the mission of the YMCA of the Twin Tiers by establishing and managing one or more funds. These funds provide financial support for the association's activities and operations.


Official website here: www.twintiersymca.org

Who is the CEO of Olean-Bradford Ymca Foundation Inc?

Brenda Threehouse is the Cfo of Olean-Bradford Ymca Foundation Inc. The CEO's salary of Olean-Bradford Ymca Foundation Inc is $0 and their total compensation is $0.


Official website here: www.twintiersymca.org

What is the revenue of Olean-Bradford Ymca Foundation Inc?

Olean-Bradford Ymca Foundation Inc's revenue in 2022 was $103,283.


Official website here: www.twintiersymca.org

Who are the executives of Olean-Bradford Ymca Foundation Inc and what are their salaries?


Here are 11 key members and their salaries (Olean-Bradford Ymca Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Dr Jafar Hamidi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Derose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Costello-Pecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Marasco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Leven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Fredeen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ried (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Townsend (Ceo, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Threehouse (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twintiersymca.org

Where can I find the form 990 for Olean-Bradford Ymca Foundation Inc?

Olean-Bradford Ymca Foundation Inc'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 Olean-Bradford Ymca Foundation Inc

The Olean-Bradford YMCA Foundation Inc, in its mission, primarily aims to support the annual operating needs of the various branches of the YMCA. By doing so, the foundation works towards preserving the future purchasing power of its assets through capital appreciation and income growth. Beyond this, the organization's primary purpose is to further the mission of the YMCA of the Twin Tiers. This is accomplished by building, investing, and managing one or more funds to provide financial support for the activities and operations of the association. In essence, the Olean-Bradford YMCA Foundation Inc serves as a crucial financial backbone, ensuring the continued operation and growth of the YMCA branches, thereby contributing to their overall mission.

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Impact




October, 2024

Olean-Bradford YMCA Foundation Inc plays a crucial role in enhancing community health and well-being through its support of the YMCA branches in the region. By addressing the annual operating needs of these facilities, the foundation ensures that vital programs and services remain accessible to the local community. This support helps foster a welcoming environment that encourages physical fitness, personal development, and social interaction among community members.

Furthermore, the foundation is dedicated to preserving and growing the financial resources of the YMCA, which involves strategic investment and management of funds. This focus on capital appreciation not only secures the future financial stability of the YMCA but also empowers it to adapt and innovate in response to community needs over time.

Overall, the impact of the Olean-Bradford YMCA Foundation is felt through enhanced program offerings, improved access to health and human services, and a strengthened sense of community well-being.




This information is meant to be a general summary of Olean-Bradford Ymca Foundation 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
$103,283 (2022)
Expenses
$32,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $100,371
  • Gross Receipts: $103,283

Assets and Liabilities:

  • Total Assets: $1,788,813
  • Total Liabilities: $159,468
  • Net Assets: $1,629,345

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Organization Details

Founding Year

2011

Principal Officer

Brenda Threehouse

Main Address

1101 WAYNE STREET, OLEAN, NY, 14760

NTEE Category

Code: P112 - Human services

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