Overview
What is Young Men's Christian Association Of Central Maryland Inc?
Young Men's Christian Association of Central Maryland Inc is a Central Maryland-based, charitable, non-profit organization dedicated to fostering the growth of individuals by offering accessible, affordable health and wellness programs. With a focus on families, children, youth, and seniors, the organization's mission is to encourage healthy spirit, mind, and body within the community. The Y in Central Maryland boasts over 3,000 employees and served more than 120,000 people in the calendar year. Financial assistance through scholarships is provided to approximately 16,000 individuals who cannot afford to pay. The Y's family-oriented programs aim to strengthen community bonds, help families achieve better work-life balance, and provide opportunities for children and youth to deepen positive values and commitments. The organization is open to all, welcoming individuals of diverse backgrounds and income levels.
Official website here: www.ymaryland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star rating
The Young Men's Christian Association of Central Maryland holds a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency. With an overall score of 93%, the organization excels particularly in impact measurement and community engagement, scoring 100% in both categories. This suggests that the YMCA effectively assesses and communicates its contributions to the community it serves.
Strengths of the organization include its majority independent board, which is composed of 97% independent members, ensuring objective governance. The YMCA also demonstrates strong financial practices, as seen in its program expense ratio of 86.81%, indicating that a significant portion of its funds are allocated directly to programs. Furthermore, it has robust policies in place for conflict of interest, whistleblower protections, and document retention, which contribute to its overall trustworthiness.
While the organization scores highly in almost all areas, the only notable limitation is its slightly lower Accountability & Finance Score of 86, which, while still strong, indicates room for improvement compared to its other scores. Overall, the Young Men's Christian Association of Central Maryland appears to be a well-managed nonprofit that effectively creates a positive impact in its community, backed by strong governance and transparency measures.
This AI summary has been generated from information found on Charity Navigator.
Is Young Men's Christian Association Of Central Maryland Inc legitimate?
Young Men's Christian Association Of Central Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Christian Association Of Central Maryland 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: $1,989,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,449,098
For more financial information, click here
Official website here: www.ymaryland.org
What is the mission statement of Young Men's Christian Association Of Central Maryland Inc?
The Young Men's Christian Association of Central Maryland is a charitable organization dedicated to helping individuals reach their full potential. Their mission is to provide high-quality, family-oriented programs that promote healthy development of the spirit, mind, and body for all. The Y is committed to building stronger bonds between families, enabling greater work-life balance, and encouraging community engagement. They welcome individuals of all races, ages, faiths, genders, abilities, backgrounds, and income levels, and offer financial assistance to those in need. Through these programs, children and youth are encouraged to deepen positive values, commitments to service, and motivation to learn. The Y is an inclusive and welcoming place for everyone.
Official website here: www.ymaryland.org
Who is the CEO of Young Men's Christian Association Of Central Maryland Inc?
Unavailable The CEO's salary of Young Men's Christian Association Of Central Maryland Inc is $436,850 and their total compensation is $542,695.
Official website here: www.ymaryland.org
What is the revenue of Young Men's Christian Association Of Central Maryland Inc?
Young Men's Christian Association Of Central Maryland Inc's revenue in 2022 was $84,892,167.
Official website here: www.ymaryland.org
Who are the executives of Young Men's Christian Association Of Central Maryland Inc and what are their salaries?
The average compensation at Young Men's Christian Association Of Central Maryland Inc during 2022 was $13,869. There are 3060 employees and 5500 volunteers at Young Men's Christian Association Of Central Maryland Inc.
Here are 54 key members and their salaries (Young Men's Christian Association Of Central Maryland Inc's CEO's salary is $436,850 and their total compensation is $542,695):
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Official website here: www.ymaryland.org
Where can I find the form 990 for Young Men's Christian Association Of Central Maryland Inc?
Young Men's Christian Association Of Central Maryland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymaryland.org
Learn more at the official website: www.ymaryland.org
Mission Statement of Young Men's Christian Association Of Central Maryland Inc
The Young Men's Christian Association of Central Maryland, also known as the Y, is a charitable organization that strives to foster the growth of individuals in both spirit, mind, and body. Dedicated to enhancing the quality of life in the communities it serves, the Y offers family-oriented programs that strengthen family bonds and help families achieve greater work-life balance. It provides opportunities for every individual, regardless of race, age, faith, gender, abilities, backgrounds, or income, to deepen positive values and commitments to service. The Y's programs cater to people of all ages, with a focus on nurturing children and youth to develop positive values and motivations to learn. Financial assistance is available to those who cannot afford to participate. The Y is a welcoming place where people from diverse backgrounds come together to build stronger communities.
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Impact
October, 2024
The Young Men's Christian Association of Central Maryland Inc. significantly enhances the well-being of the local community by fostering an inclusive environment where individuals can thrive. With a focus on holistic development, the Y provides programs that cultivate a healthy spirit, mind, and body for all ages, emphasizing the importance of family engagement and community connections.
Through its Family Centers, the Y serves over 120,000 individuals annually, offering essential health and wellness programs aimed at promoting active lifestyles. This commitment extends particularly to families, children, youth, and seniors, making health resources accessible and affordable. Notably, approximately 16,000 individuals benefit from reduced fees through scholarships, ensuring that financial barriers do not prevent participation in enriching activities.
The Y’s mission is dedicated to developing the full potential of every individual, encouraging positive values, community service, and a love for learning among youth. By fostering stronger family bonds and supporting positive life choices, the Y plays a crucial role in enhancing the overall quality of life within Central Maryland. It stands as a welcoming space for all community members, regardless of race, age, ability, or income level, promoting an engaged and healthier community for everyone.
This information is meant to be a general summary of Young Men's Christian Association Of Central Maryland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $81,409
- Program Service Revenue: $49,985,271
- Gross Receipts: $85,282,758
Assets and Liabilities:
- Total Assets: $127,747,881
- Total Liabilities: $86,325,099
- Net Assets: $41,422,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Healthy Living
Revenue
$33,315,933
Youth Development
Revenue
$16,541,670
Social Responsibility
Revenue
$127,668
Organization Details
Founding Year
1853
Phone
(443) 322-9622Main Address
303 W Chesapeake Avenue, Baltimore, MD, 21204
Website
www.ymaryland.orgNTEE Category
Code: P27Z - Human services
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