Overview
What is Greater Burlington Ymca Foundation Inc (6663-So1)?
Greater Burlington Ymca Foundation Inc (6663-So1) is a supporting organization dedicated to fortifying the Greater Burlington YMCA community. Their primary mission involves providing assistance to the YMCA in various capacities, including the acquisition of property and leasing it back. In 2015, they received property from the YMCA, and later secured financing for constructing a new facility at 298 College Street in Burlington, VT. The construction commenced in October 2018 and was concluded in January 2020. The Foundation's efforts aim to enhance community engagement and development, fostering spirit, mind, and body through collaborative programs and activities with the YMCA.
Is Greater Burlington Ymca Foundation Inc (6663-So1) legitimate?
Greater Burlington Ymca Foundation Inc (6663-So1) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Burlington Ymca Foundation Inc (6663-So1) 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Greater Burlington Ymca Foundation Inc (6663-So1)?
The Greater Burlington YMCA Foundation Inc (6663-So1) is committed to supporting the Greater Burlington YMCA in various ways. One of its primary roles involves the purchase and lease of property to the YMCA. This foundation's mission is aimed at enhancing community strength by promoting programs and activities that foster the development of individuals' spirit, mind, and body. In 2015, the foundation received a transfer of real property from the Greater Burlington YMCA, and in December 2018, it secured financing for constructing a new facility. The construction commenced in October 2018 and was completed on January 2, 2020.
Who is the CEO of Greater Burlington Ymca Foundation Inc (6663-So1)?
Unavailable
What is the revenue of Greater Burlington Ymca Foundation Inc (6663-So1)?
Greater Burlington Ymca Foundation Inc (6663-So1)'s revenue in 2022 was $302,148.
Who are the executives of Greater Burlington Ymca Foundation Inc (6663-So1) and what are their salaries?
There 5 volunteers at Greater Burlington Ymca Foundation Inc (6663-So1).
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $168,141
- Other: $5,715
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greater Burlington Ymca Foundation Inc (6663-So1)?
Greater Burlington Ymca Foundation Inc (6663-So1)'s most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Burlington Ymca Foundation Inc (6663-So1)
Greater Burlington YMCA Foundation Inc (6663-So1) is a supporting organization with a mission to aid the Greater Burlington YMCA in various capacities. This mission encompasses the purchase of property and leasing it to the Greater Burlington YMCA, thereby contributing to its operations and expansion. In 2015, the foundation received a transfer of real property from the Greater Burlington YMCA, and in December 2018, it secured 'new markets tax credit' financing for the construction of a new facility at 298 College Street. Construction commenced in October 2018 and was completed on January 2, 2020. This demonstrates the foundation's active role in supporting the Greater Burlington YMCA's growth and development, enabling it to provide its community-building programs and activities.
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Impact
October, 2024
Greater Burlington YMCA Foundation Inc (6663-So1) plays a crucial role in enhancing the community's well-being by supporting the Greater Burlington YMCA. Through strategic property investments and leasing, the foundation has contributed to the development of facilities that foster physical, mental, and social growth among individuals and families.
The foundation has facilitated significant projects, including the construction of a new facility at 298 College Street, which was completed in early 2020. This facility serves as a hub for various programs that aim to engage local youths, adults, and families, promoting a healthy lifestyle and creating a sense of community. By securing financing such as the 'new markets tax credit,' the foundation has effectively leveraged resources to expand and improve services.
Overall, its impact lies in building a stronger, healthier community by providing spaces and programs that nurture spirit, mind, and body. Through its efforts, the Greater Burlington YMCA Foundation Inc significantly enhances the quality of life for residents of Burlington, VT.
This information is meant to be a general summary of Greater Burlington Ymca Foundation Inc (6663-So1). 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: $2,065
- Program Service Revenue: $300,083
- Gross Receipts: $302,148
Assets and Liabilities:
- Total Assets: $24,473,574
- Total Liabilities: $26,531,290
- Net Assets: -$2,057,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Youth Development
Revenue
$161,965
Healthy Living
Revenue
$99,988
Social Responsibility
Revenue
$38,130
Organization Details
Founding Year
2015
Phone
(802) 862-9622Main Address
298 College St, Burlington, VT, 05401
NTEE Category
Code: E11 - Health
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