Overview
What is Southeast Nebraska Ymca Foundation?
The Southeast Nebraska YMCA Foundation is a charitable organization with a primary purpose of raising funds to support the Mary Young Men's Christian Association (YMCA) in Beatrice, Nebraska. Annually, they allocate a 4% grant from their unencumbered assets to supplement the Mary YMCA's operating budget, thereby preventing an increase in membership dues and fees. This foundation's mission is to contribute financially to the betterment of the Mary YMCA, ensuring its continued service to the community.
Is Southeast Nebraska Ymca Foundation legitimate?
Southeast Nebraska Ymca Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Nebraska Ymca Foundation 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.
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What is the mission statement of Southeast Nebraska Ymca Foundation?
The Southeast Nebraska YMCA Foundation's mission is to collect and manage funds, intended for utilization to support the operations of the Mary Young Men's Christian Association in Nebraska. Annually, a portion of the unrestricted net assets is allocated as a grant to the YMCA, helping to maintain its operational budget without increasing membership fees. This foundation serves to enhance the capabilities of the Mary Young Men's Christian Association, providing financial assistance for its operations.
Who is the CEO of Southeast Nebraska Ymca Foundation?
Mark Simonson is the President of Southeast Nebraska Ymca Foundation.
What is the revenue of Southeast Nebraska Ymca Foundation?
Southeast Nebraska Ymca Foundation's revenue in 2022 was $3,302,851.
Who are the executives of Southeast Nebraska Ymca Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Southeast Nebraska Ymca Foundation?
Southeast Nebraska Ymca Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southeast Nebraska Ymca Foundation
The Southeast Nebraska YMCA Foundation's mission is centered around raising and managing funds for the benefit of the Mary Young Men's Christian Association (YMCA) in Beatrice, Nebraska. This nonprofit organization's primary objective is to support the YMCA's operations, ensuring that membership fees and dues remain affordable. By receiving and managing these funds, the Southeast Nebraska YMCA Foundation plays a crucial role in enhancing the YMCA's capacity to provide its services to the community, thereby contributing to the overall wellbeing and development of its members.
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Impact
October, 2024
The Southeast Nebraska YMCA Foundation plays a vital role in supporting the Mary Young Men's Christian Association (YMCA) of Beatrice, Nebraska. By receiving and accepting funds, the foundation provides essential financial backing to enhance the YMCA's operations. Annually, it allocates a grant amounting to 4% of its unrestricted net assets, which is crucial for supplementing the YMCA's operating budget. This support allows the YMCA to maintain its programs and services without imposing additional dues and fees on its members, ultimately making community resources more accessible. Through its contributions, the foundation fosters human services and promotes a healthier, more engaged community in Beatrice.
This information is meant to be a general summary of Southeast Nebraska Ymca Foundation. 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: $17,499
- Gross Receipts: $3,302,851
Assets and Liabilities:
- Total Assets: $7,818,350
- Total Liabilities: $0
- Net Assets: $7,818,350
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Organization Details
Principal Officer
Mark Simonson
Main Address
PO BOX 421, BEATRICE, NE, 68310
NTEE Category
Code: P27I - Human services
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