Overview
What is The Ymca Of Metropolitan Chicago?
The YMCA of Metropolitan Chicago is a well-established and substantial nonprofit organization based in Chicago, Illinois. With over 2,400 employees, they are devoted to strengthening communities and empowering individuals across the region. Their commitment to youth development is evident through their extensive network of programs and services, including licensed child care, early childhood and after-school programs, day camps, youth sports, and various youth groups. They strive to provide a safe and nurturing environment for more than 25,000 children and teens, helping them learn, grow, and reach their full potential. The YMCA's innovative approach to youth programming includes an anti-bias literacy approach for early learning, a Youth Safety and Violence Prevention initiative, and STEAM-based day camps. Their mission extends beyond youth, as they aim to strengthen communities by connecting people to their purpose, potential, and each other.
Official website here: www.ymcachicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The YMCA of Metropolitan Chicago has achieved an impressive 94% rating from Charity Navigator, indicating strong performance in both accountability and finance. The organization boasts a fully independent board, with 97% of its members being independent, and it scores exceptionally well in financial oversight, having no material diversion of assets. This level of transparency and governance is critical for building trust with stakeholders.
Financially, the YMCA demonstrates effective management of its resources, with a program expense ratio of 80.23%, meaning a significant portion of funds is directed towards programs rather than administrative costs. The fundraising efficiency is also commendable at $0.072, reflecting the organization's ability to raise funds with minimal expense. Furthermore, a healthy working capital ratio of 2.15 years suggests that the organization is well-positioned to sustain its operations and programs over time.
While the data reflects a robust financial structure and governance, there may be areas for growth or additional context that potential donors or supporters may wish to explore. Overall, the YMCA of Metropolitan Chicago stands out as a well-managed nonprofit committed to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Ymca Of Metropolitan Chicago legitimate?
The Ymca Of Metropolitan Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ymca Of Metropolitan Chicago 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: $3,729,030
Professional Fundraising Fees: $65,000
Other Salaries and Wages: $31,325,402
For more financial information, click here
Official website here: www.ymcachicago.org
What is the mission statement of The Ymca Of Metropolitan Chicago?
The YMCA of Metropolitan Chicago is a well-established nonprofit organization with a mission to strengthen communities and help individuals learn, grow, and thrive. Their goal is to provide access to essential resources that enable people to reach their full potential. The YMCA operates through fourteen community hubs, five resident camps, and numerous extension sites, delivering high-quality, research-based programs and services that promote learning, health, and community investment. The organization values inclusivity and believes that everyone, regardless of their background or circumstances, should have equal access to these resources. The YMCA's mission is centered around connecting people to their purpose, potential, and each other, ultimately aiming to strengthen communities.
Official website here: www.ymcachicago.org
Who is the CEO of The Ymca Of Metropolitan Chicago?
Dorri C Mcwhorter is the Principal Officer of The Ymca Of Metropolitan Chicago. The CEO's salary of The Ymca Of Metropolitan Chicago is $467,378 and their total compensation is $479,533.
Official website here: www.ymcachicago.org
What is the revenue of The Ymca Of Metropolitan Chicago?
The Ymca Of Metropolitan Chicago's revenue in 2022 was $58,528,358.
Official website here: www.ymcachicago.org
Who are the executives of The Ymca Of Metropolitan Chicago and what are their salaries?
The average compensation at The Ymca Of Metropolitan Chicago during 2022 was $14,355. There are 2442 employees and 691 volunteers at The Ymca Of Metropolitan Chicago.
Here are 69 key members and their salaries (The Ymca Of Metropolitan Chicago's CEO's salary is $467,378 and their total compensation is $479,533):
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- Compensation: $159,331
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- Compensation: $146,136
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- Other: $8,653
Official website here: www.ymcachicago.org
Where can I find the form 990 for The Ymca Of Metropolitan Chicago?
The Ymca Of Metropolitan Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymcachicago.org
Learn more at the official website: www.ymcachicago.org
Mission Statement of The Ymca Of Metropolitan Chicago
The YMCA of Metropolitan Chicago, a prominent nonprofit organization, strives to strengthen communities across the Midwest by providing individuals with the resources to learn, grow, and thrive. With a mission deeply rooted in equality and accessibility, this impact-driven organization believes that every person, regardless of their background or circumstances, deserves the opportunity to sustainably thrive.
The YMCA operates through fourteen community hubs, five resident camps, and numerous extension sites. These facilities offer a variety of high-quality, research-based programs and services, promoting learning, health and wellbeing, and community investment. The organization's commitment to strengthening neighborhoods is demonstrated by its responsiveness to each community's unique needs.
Central to the YMCA's mission is the belief that everyone deserves equal access to the resources essential for thriving. This inclusive approach transcends differences in ability, race, gender, income, faith, sexual orientation, or ability to pay. By connecting people to their purpose, potential, and each other, the YMCA of Metropolitan Chicago plays a vital role in fostering strong, vibrant communities.
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Impact
October, 2024
The YMCA of Metropolitan Chicago has a profound impact on children, families, and communities throughout the region. By operating fourteen community hubs, five resident camps, and numerous extension sites, it provides essential resources that empower individuals to learn, grow, and thrive.
Focused on youth development, the organization supports over 25,000 young people with various programs such as licensed childcare, after-school initiatives, day camps, and youth sports. Its innovative approach, which includes anti-bias literacy in early learning and initiatives like youth safety and violence prevention, nurtures a safe environment for all participants.
The YMCA's commitment to inclusivity ensures that everyone, regardless of their background or circumstances, has access to these vital resources. The impact is evident each day through individuals making healthier choices, mentors inspiring youth, and communities uniting for a collective good. By addressing the unique needs of neighborhoods, the YMCA of Metropolitan Chicago plays a crucial role in fostering community strength and resilience.
This information is meant to be a general summary of The Ymca Of Metropolitan Chicago. 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: $2,461,157
- Program Service Revenue: $33,286,499
- Gross Receipts: $94,601,090
Assets and Liabilities:
- Total Assets: $214,431,789
- Total Liabilities: $65,984,295
- Net Assets: $148,447,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Development & Ca
Revenue
$15,821,318
Health Enhancement
Revenue
$15,578,942
Residence & Community
Revenue
$1,886,239
Organization Details
Founding Year
1858
Phone
(312) 932-1200Principal Officer
Dorri C Mcwhorter
Main Address
1030 W Van Buren St, Chicago, IL, 60607
Website
www.ymcachicago.orgNTEE Category
Code: P270 - Human services
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