Overview
What is Illinois Area Ymca?
Illinois Area YMCA is a nonprofit organization located in Rockford, Illinois, with an address at 200 Y Blvd. The organization has a unique fund, contributing to the growth and development of local YMCA's and their staff. This fund receives support from various community donors and expands through investments. The income derived from this fund is utilized for various purposes, such as staff training, professional development, public policy, and regional or statewide events that strengthen the community alliance. Overall, Illinois Area YMCA's mission is to foster the YMCA's Christian principles, promoting a healthier spirit, mind, and body for all individuals in Illinois and Indiana.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Illinois Area YMCA has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. With an overall score of 94%, the organization excels in governance and transparency, reflecting a well-managed nonprofit dedicated to serving its community effectively. The rating is underpinned by perfect scores in several key areas, including independent board composition and robust policies for conflict of interest and whistleblower protections.
Strengths of the Illinois Area YMCA include a 100% independent board, which enhances its governance structure, as well as a solid program expense ratio of nearly 99%. This suggests that the vast majority of funds are being directed towards actual programming rather than administrative costs, which is crucial for maximizing impact. Additionally, the organization has shown no material diversion of assets, reinforcing trust among stakeholders.
While the organization demonstrates significant strengths, the focus on accountability and finance does not provide insight into programmatic effectiveness. Future evaluations might benefit from a deeper look at the impact of the YMCA’s initiatives in the community. Overall, the Illinois Area YMCA stands out as a responsible and well-governed nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Illinois Area Ymca legitimate?
Illinois Area Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Area Ymca 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:
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What is the mission statement of Illinois Area Ymca?
The Illinois Area YMCA's mission is centered around providing funding to advance the mission of the YMCA in Illinois and Indiana. This funding is utilized to empower YMCA staff to instill the YMCA's Christian principles, contributing to the overall well-being of individuals. This encompasses the spiritual, mental, and physical aspects of an individual. The funding supports various activities, including staff training, professional development, public policy initiatives, and regional or statewide events. These activities aim to strengthen the YMCA alliance and contribute to building stronger kids, families, and communities.
Who is the CEO of Illinois Area Ymca?
Mark Wilcox is the Director of Illinois Area Ymca.
What is the revenue of Illinois Area Ymca?
Illinois Area Ymca's revenue in 2022 was $80,042.
Who are the executives of Illinois Area Ymca and what are their salaries?
There 12 volunteers at Illinois Area Ymca.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Illinois Area Ymca?
Illinois Area Ymca's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Illinois Area Ymca
The Illinois Area YMCA's mission is centered around providing financial support to advance the mission of the YMCA in Illinois and Indiana. This support allows YMCA staff to instill the YMCA's Christian principles, fostering a healthier spirit, mind, and body for all. The organization utilizes income derived from investments in a fund, which has grown over the years due to contributions from local community donors. This income is then utilized to support various activities of the member YMCA's, such as training and professional staff development, public policy, and regional or statewide events. These initiatives are all aimed at building stronger kids, stronger families, and stronger communities.
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Impact
October, 2024
The Illinois Area YMCA plays a significant role in strengthening communities across Illinois and Indiana by supporting local YMCA branches and their staff. Through a dedicated fund supported by community donors, the YMCA ensures that financial resources are available to promote professional development and training for staff, ultimately enhancing their ability to foster healthier lives.
This funding supports various activities, including public policy initiatives and regional events that enrich community well-being. By instilling Christian principles, the Illinois Area YMCA focuses on building healthier spirits, minds, and bodies, contributing to the growth of stronger kids and families. The emphasis on community collaboration helps create a foundation for a vibrant, engaged populace, resulting in improved health and well-being across the region.
This information is meant to be a general summary of Illinois Area Ymca. 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: $78,800
- Gross Receipts: $747,896
Assets and Liabilities:
- Total Assets: $2,263,527
- Total Liabilities: $0
- Net Assets: $2,263,527
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Organization Details
Founding Year
1979
Phone
(815) 756-9577Principal Officer
Mark Wilcox
Main Address
200 Y BLVD, ROCKFORD, IL, 61107
NTEE Category
Code: P20 - Human services
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