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Golden Corridor Family Ymca

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

EIN: 363234727 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is Golden Corridor Family Ymca?

Golden Corridor Family YMCA is a dedicated nonprofit organization situated in Schaumburg, Illinois. With a strong focus on youth development, they strive to foster the growth of children, helping them discover their potential and achieve their goals. Their commitment extends beyond academics, encouraging values, skills, and relationships that promote positive behaviors, better health, and educational success. Their offerings, including child care, youth sports, and camp programs, provide a diverse range of experiences that contribute to cognitive, social, physical, and emotional growth. As a multi-service human care and charitable membership organization, they operate with a mission rooted in Christian heritage, aiming to enhance the spirit, mind, and body of all individuals, regardless of their financial abilities, in a positive and healthy environment through quality leadership, programs, services, and facilities. The organization is proud to employ 250 individuals.


Official website here: www.gcfymca.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Golden Corridor Family YMCA has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization excels in governance with a fully independent board and robust oversight mechanisms, demonstrated by their perfect scores in key areas such as conflict of interest policies and documentation practices.

Strengths noted in the evaluation include a strong program expense ratio of 76.84%, reflecting a commitment to allocating funds toward their mission-driven programs. This suggests that the majority of their resources are directed towards serving the community, which is a positive indicator for potential donors and supporters looking for impactful nonprofit organizations.

While the rating does not highlight any significant limitations, the focus on accountability and finance implies a need for ongoing transparency and effective resource management to maintain their high standing. Overall, the Golden Corridor Family YMCA appears to be a well-managed organization that emphasizes the importance of ethical governance and community service.


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

Is Golden Corridor Family Ymca legitimate?

Golden Corridor Family Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Corridor Family 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:

Executive Compensation: $201,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,775,549

For more financial information, click here


Official website here: www.gcfymca.org

What is the mission statement of Golden Corridor Family Ymca?

The Golden Corridor Family YMCA is dedicated to fostering the spiritual, mental, and physical well-being of individuals, irrespective of their financial capabilities. This is accomplished through high-quality programs, services, and facilities, all within a positive and health-conducive environment that adheres to Christian values. The organization is particularly focused on nurturing the potential of children, providing them with opportunities to explore their abilities and achieve their fullest potential. Its offerings, such as child care, youth sports, and camp programs, are designed to enhance cognitive, social, physical, and emotional growth.


Official website here: www.gcfymca.org

Who is the CEO of Golden Corridor Family Ymca?

Douglas Britt is the CEO of Golden Corridor Family Ymca The CEO's salary of Golden Corridor Family Ymca is $186,000 and their total compensation is $218,310.


Official website here: www.gcfymca.org

What is the revenue of Golden Corridor Family Ymca?

Golden Corridor Family Ymca's revenue in 2024 was $4,905,110.


Official website here: www.gcfymca.org

Who are the executives of Golden Corridor Family Ymca and what are their salaries?

The average compensation at Golden Corridor Family Ymca during 2024 was $9,334. There are 319 employees and 29 volunteers at Golden Corridor Family Ymca.

Here are 12 key members and their salaries (Golden Corridor Family Ymca's CEO's salary is $186,000 and their total compensation is $218,310):


Jim Habel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Finneran (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Evans (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Coleman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Regan (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Deaton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirstin Ives (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Heinrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quinn Wulbecker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brotnow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Britt (Ceo)
  • Compensation: $186,000
  • Related: $0
  • Other: $32,310
Joseph Russell (Coo)
  • Compensation: $115,400
  • Related: $0
  • Other: $18,785


Official website here: www.gcfymca.org

Where can I find the form 990 for Golden Corridor Family Ymca?

Golden Corridor Family Ymca's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.gcfymca.org

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

Mission Statement of Golden Corridor Family Ymca

The Golden Corridor Family YMCA is dedicated to fostering the holistic development of individuals, irrespective of their financial capabilities. This non-profit organization, with its roots in Christianity, strives to achieve this goal through its leadership, programs, services, and facilities. The mission of the Golden Corridor Family YMCA is to cultivate the spirit, mind, and body of all its members, promoting a positive and healthy environment.

In terms of its youth development programs, the Golden Corridor Family YMCA is passionate about nurturing the potential within every child and teen. It believes that every child deserves the opportunity to explore their abilities and discover their true selves. To achieve this, the organization offers a variety of experiences through its programs such as child care, youth sports, and summer camps. These initiatives are designed to enrich the cognitive, social, physical, and emotional growth of the young participants.

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Impact




October, 2024

Golden Corridor Family YMCA significantly impacts the community by fostering youth development and promoting healthy lifestyles. Through a variety of programs, it nurtures the potential of every child and teen, ensuring they have the opportunity to explore their capabilities and flourish.

By offering child care services, youth sports, and camp programs, the YMCA enriches the cognitive, social, physical, and emotional growth of young people. These activities instill vital values, cultivate important skills, and build strong relationships that promote positive behaviors and enhance educational achievement.

Located in Schaumburg, IL, the YMCA also prioritizes inclusivity, ensuring that all community members, regardless of financial ability, can access quality programs and facilities. This commitment to developing spirit, mind, and body in a supportive environment reflects a dedication to not just individual growth, but the overall health and cohesiveness of the community.




This information is meant to be a general summary of Golden Corridor Family 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.

Revenue
$4,905,110 (2024)
Expenses
$6,456,694 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $12,119
  • Program Service Revenue: $4,523,558
  • Gross Receipts: $5,160,955

Assets and Liabilities:

  • Total Assets: $11,491,127
  • Total Liabilities: $4,190,407
  • Net Assets: $7,300,720

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Programs

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

PROGRAM FEES

Revenue

$3,952,451

MEMBERSHIP DUES

Revenue

$571,107

Organization Details

Founding Year

1983

Principal Officer

Doug Britt

NTEE Category

Code: P270 - Human services

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