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Young Mens Christian Assoc Of Spencer Iowa

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

EIN: 420820570 ✦ Spencer, IA ✦ Designated as a 501(c)(3)

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Overview

What is Young Mens Christian Assoc Of Spencer Iowa?

The Young Men's Christian Association of Spencer, Iowa, is a charitable community service organization dedicated to fostering strong kids, families, and communities. It welcomes individuals of all ages, abilities, income levels, races, and religions. The YMCA of Spencer, led by community volunteers, focuses on promoting healthy lifestyles, strong values, leadership development, community interaction, and international understanding. Their childcare and preschool program offers high-quality childcare services, providing comprehensive activities for children of varying ages. This program alleviates the burden of balancing work and family, allowing employed parents to feel assured their children are thriving in a secure, developmentally enriching environment. The YMCA relies on generous contributions from members and the United Way to ensure no one is denied access due to financial limitations. The organization's programs and practices aim to help participants grow as responsible family and community members, recognizing that everyone is a child of God and worthy of respect. With a total of 228 employees, the YMCA of Spencer, Iowa, continues to make a significant impact in the community.


Official website here: www.spencerymca.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

The Young Men's Christian Association of Spencer, Iowa has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored highly, with a 92% in its Accountability & Finance category, showcasing effective management of resources and a commitment to transparency.

One of the standout strengths of the YMCA is its governance structure, which boasts a completely independent board of directors, ensuring impartial oversight. The organization also exhibits thorough financial practices, such as the presence of an Audit and Oversight Committee and detailed documentation of board meeting minutes, which contribute to its financial integrity.

While the YMCA excels in financial management and governance, there are no notable limitations reported in the available data. The strong program expense ratio of 86.71% indicates that a significant portion of its funds is directed towards its mission-related activities, further reinforcing its effectiveness as a nonprofit organization.


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

Is Young Mens Christian Assoc Of Spencer Iowa legitimate?

Young Mens Christian Assoc Of Spencer Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Assoc Of Spencer Iowa 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,463,898

For more financial information, click here


Official website here: www.spencerymca.org

What is the mission statement of Young Mens Christian Assoc Of Spencer Iowa?

The Young Men's Christian Association (YMCA) is a charitable organization dedicated to serving individuals of all ages, abilities, income levels, races, and religions. Their mission is to foster strong communities by promoting healthy lifestyles, strong values, leadership development, community interaction, and international understanding. The YMCA welcomes everyone and ensures no one is denied access due to financial constraints, thanks to generous contributions from its members and the United Way. The organization is led and supported by volunteers who serve as mentors, coaches, program leaders, instructors, and more. The goals of YMCA programs aim to help participants grow as responsible members of families and communities, recognizing the inherent worth and dignity of every person.


Official website here: www.spencerymca.org

Who is the CEO of Young Mens Christian Assoc Of Spencer Iowa?

Unavailable


Official website here: www.spencerymca.org

What is the revenue of Young Mens Christian Assoc Of Spencer Iowa?

Young Mens Christian Assoc Of Spencer Iowa's revenue in 2022 was $3,294,396.


Official website here: www.spencerymca.org

Who are the executives of Young Mens Christian Assoc Of Spencer Iowa and what are their salaries?

The average compensation at Young Mens Christian Assoc Of Spencer Iowa during 2022 was $6,793. There are 228 employees and 200 volunteers at Young Mens Christian Assoc Of Spencer Iowa.


Here are 9 key members and their salaries:


Dan Ries (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Levi Morris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Clark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Warren (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Self (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tess Brandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Boyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spencerymca.org

Where can I find the form 990 for Young Mens Christian Assoc Of Spencer Iowa?

Young Mens Christian Assoc Of Spencer Iowa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spencerymca.org

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

Mission Statement of Young Mens Christian Assoc Of Spencer Iowa

The Young Men's Christian Association of Spencer, a charitable community service organization, is dedicated to fostering strong kids, families, and communities. This association, open to individuals of all ages, abilities, income levels, races, and religions, implements Christian principles through programs that encourage healthy lifestyles, strong values, leadership development, community interaction, and international understanding. Their doors are open to all, and no one is denied entry due to financial constraints, thanks to the generous contributions of YMCA members and the United Way. The organization is led and supported by volunteers from the community, who serve in various capacities as mentors, coaches, program leaders, instructors, and more. The goals of all YMCA programs and practices are to help participants grow as responsible members of families and communities, recognizing the inherent worth and respect of every individual as a child of God.

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Impact




July, 2024

The Young Men's Christian Association of Spencer, Iowa, plays a vital role in the community by providing essential human services to individuals of all ages, abilities, incomes, races, and religions. Their mission is centered around building strong kids, strong families, and strong communities by putting Christian principles into practice through various programs. The organization's dedication to promoting healthy lifestyles, strong values, leadership development, community interaction, and international understanding has a significant impact on fostering a positive and inclusive environment for all community members. Through their childcare and preschool program, they not only support working parents by providing high-quality care for children but also contribute to the overall well-being of families in the area. The YMCA of Spencer serves as a beacon of hope and support, ensuring that everyone, regardless of financial situation, has access to their services. In essence, their impact extends beyond individual well-being to the overall social fabric of the community, creating a more cohesive and compassionate society.




This information is meant to be a general summary of Young Mens Christian Assoc Of Spencer Iowa. 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
$3,294,396 (2022)
Expenses
$2,761,047 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33,787
  • Program Service Revenue: $1,966,465
  • Gross Receipts: $3,490,061

Assets and Liabilities:

  • Total Assets: $4,163,931
  • Total Liabilities: $445,876
  • Net Assets: $3,718,055

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Programs

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

Youth Development

Revenue

$1,053,105

Healthy Living

Revenue

$913,360

Social Responsibility

Organization Details

Founding Year

1964

Main Address

1001 11th AVE W, SPENCER, IA, 51301

NTEE Category

Code: P27 - Human services

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