Overview
What is Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc?
Young Men's Christian Association at Virginia Polytechnic Institute and State Technical College, commonly known as YMCA at Virginia Tech, is a nonprofit organization located in Blacksburg, Virginia. With a mission to strengthen the community, they cater to over 27,000 individuals annually through various programs. These include educational initiatives, after-school programs for children, tutoring, services for international community members, and thrift shops. Their sustainability efforts focus on promoting regional programs for reusing and repurposing items, recycling, and textile goods, offering affordable alternatives for needed products. Additionally, they rely on over 1,200 volunteers who contribute over 10,000 hours each year, and collaborate with numerous local groups to effectively address community needs.
Official website here: www.vtymca.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the organization meets some standards for accountability and transparency, there are significant areas needing improvement. The accountability and finance score reflects a solid commitment to governance, particularly with a fully independent board and proper financial oversight.
Strengths of the Young Men's Christian Association at Virginia Polytechnic Institute and State University include a high percentage of independent board members and a strong score on program expense ratio, indicating that a significant portion of resources is directed toward their programs and services. Additionally, the organization has implemented effective financial oversight mechanisms, as evidenced by their audit and oversight committee scoring perfectly.
However, the organization has notable limitations such as the absence of a whistleblower and document retention policy, as well as missing tax forms on their website. Furthermore, the high liabilities to assets ratio suggests potential financial vulnerability, which could impact future operations. Addressing these issues would help improve their overall accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc legitimate?
Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University 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: $68,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $329,165
For more financial information, click here
Official website here: www.vtymca.org/
What is the mission statement of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc?
The Young Men's Christian Association at Virginia Polytechnic Institute and Sta Te University Inc. is dedicated to strengthening the community by catering to approximately 27,000 individuals annually. This is achieved through various educational programs, after-school activities for children, tutoring services, international community support, and sustainability initiatives. Volunteers play a significant role, contributing over 10,000 hours annually. The organization collaborates with numerous community groups to effectively address the needs of the community. One of their initiatives includes Thrift Shops, which promote regional sustainability by encouraging the reuse and recycling of items, providing affordable shopping options, and supporting community-based programs.
Official website here: www.vtymca.org/
Who is the CEO of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc?
Unavailable The CEO's salary of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc is $0 and their total compensation is $0.
Official website here: www.vtymca.org/
What is the revenue of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc?
Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc's revenue in 2021 was $1,054,570.
Official website here: www.vtymca.org/
Who are the executives of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc and what are their salaries?
The average compensation at Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc during 2021 was $8,653. There are 46 employees and 1300 volunteers at Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc.
Here are 7 key members and their salaries (Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.vtymca.org/
Where can I find the form 990 for Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc?
Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.vtymca.org/
Learn more at the official website: www.vtymca.org/
Mission Statement of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University Inc
The Young Men's Christian Association (YMCA) at Virginia Polytechnic Institute and State University aims to foster a stronger community by engaging with over 27,000 individuals annually. Their mission is threefold, encompassing education programs, after-school children's activities, and various community services. Through these initiatives, YMCA strives to develop learning opportunities, promote leadership, and encourage community involvement.
The organization's activities extend beyond traditional educational settings, reaching out to young children through after-school programs. These initiatives not only provide educational support but also engage children in constructive activities, fostering their growth and development. In addition, YMCA offers international community member services, extending its reach to a diverse group of individuals.
The YMCA's commitment to community service is further demonstrated through its thrift shops. These stores promote regional sustainability by encouraging the reuse and repurposing of items, recycling, and the sale of textiled goods. By offering low-cost alternatives for necessary products, YMCA helps meet the needs of its community members while promoting environmental consciousness.
Moreover, YMCA leverages the power of volunteering, with over 1,200 volunteers contributing over 10,000 hours of service annually. This volunteer force collaborates with numerous community groups to address the diverse needs of the New River Valley effectively. By partnering with these organizations, YMCA ensures that its services are tailored to the specific requirements of its community.
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Impact
July, 2024
Young Men's Christian Association At Virginia Tech makes a significant impact on the community by serving over 27,000 individuals annually through a variety of programs. Their activities focus on education, after-school programs, tutoring, international community services, thrift shops, and sustainability efforts. Through these initiatives, they help build a stronger community in Blacksburg, Virginia, and the surrounding areas. With a mission centered around learning, leadership, and service, the organization engages over 1,200 volunteers who contribute more than 10,000 hours of service. By partnering with numerous community groups, they are able to address the diverse needs of the New River Valley region effectively. Their dedicated efforts have a positive influence on human services and contribute to the overall well-being of the community.
This information is meant to be a general summary of Young Men's Christian Association At Virginia Polytechnic Institute And Sta Te University 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 2021.
- Investment Income: $31,857
- Program Service Revenue: $608,375
- Gross Receipts: $1,064,250
Assets and Liabilities:
- Total Assets: $3,385,029
- Total Liabilities: $3,142,886
- Net Assets: $242,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Social Responsibility
Revenue
$596,197
Healthy Living
Revenue
$7,078
Youth Development
Revenue
$5,100
Organization Details
Founding Year
1873
Phone
(540) 961-9622Main Address
403 Washington St SW, Blacksburg, VA, 24060
Website
www.vtymca.org/NTEE Category
Code: P270 - Human services
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