Marion Ymca Endowment Fund Inc

Marion Ymca Perpetual Fund

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

EIN: 510173389 ✦ Marion, OH ✦ Designated as a 501(c)(3)

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Overview

What is Marion Ymca Endowment Fund Inc?

Marion Ymca Endowment Fund Inc is a nonprofit organization, specifically established to support the Marion Family YMCA. Based in Marion, Ohio, the endowment fund's primary mission is to perpetuate the Marion Family YMCA's objectives and development. To achieve this, the fund makes contributions towards the organization's debt service payments. The endowment fund's purpose is to contribute financially to the Marion Family YMCA's ongoing operations, aiming to sustain and strengthen its initiatives for the community.

Is Marion Ymca Endowment Fund Inc legitimate?

Marion Ymca Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion Ymca Endowment Fund Inc 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 Marion Ymca Endowment Fund Inc?

The Marion YMCA Endowment Fund Inc's mission is centered around promoting and aiding in the growth and continuity of the Marion Family YMCA. Specifically, its purpose is to ensure the long-term existence and objectives of this organization. The fund raises contributions intended for covering debt repayments at the Marion Family YMCA. In essence, the Marion YMCA Endowment Fund Inc serves to support and enhance the development and perpetuation of the Marion Family YMCA.

What is the revenue of Marion Ymca Endowment Fund Inc?

Marion Ymca Endowment Fund Inc's revenue in 2023 was $380,278.

Who are the executives of Marion Ymca Endowment Fund Inc and what are their salaries?

There 10 volunteers at Marion Ymca Endowment Fund Inc.

Here are 9 key members and their salaries:


Dan Wigton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Frericks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mya Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Conway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vidya Iyengar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ream (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Babich (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Bush (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marion Ymca Endowment Fund Inc?

Marion Ymca Endowment Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Marion Ymca Endowment Fund Inc

Marion YMCA Endowment Fund Inc, as per its mission, is committed to promoting and aiding in the development and perpetuation of the Marion Family YMCA. The primary objective of this organization is to ensure the longevity and continuity of the Marion Family YMCA's purpose and activities. By making contributions, the Endowment Fund assists in covering debt service payments for the Marion Family YMCA, thereby supporting its ongoing operations and growth.

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Impact




October, 2024

The Marion YMCA Endowment Fund Inc plays a crucial role in supporting the Marion Family YMCA by ensuring its long-term sustainability and growth. By providing financial contributions that assist with debt service payments, the fund enables the YMCA to focus on its core mission of serving the community through recreational activities. This financial support helps to maintain and enhance the facilities and programs available to the residents of Marion, Ohio.

By fostering the development and perpetuation of the Marion Family YMCA, the endowment fund impacts the local community by promoting health, wellness, and social engagement. It ensures that generations to come can benefit from the programs offered, enriching the lives of individuals and families while promoting a sense of community. Through its support, the fund helps create a vibrant environment where people can gather, participate in recreational activities, and develop valuable life skills. Overall, the Marion YMCA Endowment Fund Inc is instrumental in securing a brighter future for the YMCA and its community.




This information is meant to be a general summary of Marion Ymca Endowment Fund Inc. 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
$380,278 (2023)
Expenses
$324,589 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $67,945
  • Gross Receipts: $380,278

Assets and Liabilities:

  • Total Assets: $502,186
  • Total Liabilities: $67,723
  • Net Assets: $434,463

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Programs

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

Day Camp Revenue

Revenue

$0

Resident Camp Revenue

Revenue

$0

Childcare Revenue -- Infant/Toddler/Preschool

Revenue

$0

Childcare Revenue -- School Age

Revenue

$0

Residence Revenue

Revenue

$0

Organization Details

NTEE Category

Code: N11 - Recreation

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