Overview
What is Hunton Young Mens Christian Association?
The Hunton Young Mens Christian Association, located at 1139 Charlotte Street, Norfolk, Virginia, is a nonprofit organization committed to promoting wellness and community engagement. It achieves this goal by offering day care, after-school care, and a diverse range of youth and adult programs. The organization, with a team of 34 dedicated individuals, strives to positively impact its local community through these services, contributing to the overall wellbeing and development of its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Hunton Young Men's Christian Association has received a solid Three-Star rating, reflecting a strong emphasis on accountability and finance. With a score of 79%, the organization demonstrates effective management of resources, particularly highlighted by its high program expense ratio of 93.20%, indicating that a significant portion of its funding is directed towards its mission-driven programs.
The organization showcases strengths in governance, with 80% of its board members being independent, and it has established multiple policies that promote transparency and ethical practices, such as conflict of interest and whistleblower policies. Furthermore, the financial oversight is robust, as indicated by the presence of an audit and oversight committee that has received full points in this category.
However, a notable concern arises from the liabilities to assets ratio, which stands at 189.53%. This figure suggests the organization may have more liabilities than assets, potentially raising questions about financial sustainability. Overall, while the Hunton Young Men's Christian Association shows commendable accountability practices, stakeholders should monitor financial health carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Hunton Young Mens Christian Association legitimate?
Hunton Young Mens Christian Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunton Young Mens Christian Association 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: $96,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $647,220
For more financial information, click here
What is the mission statement of Hunton Young Mens Christian Association?
The William A.Hunton YMCA, as a nonprofit voluntary health and welfare organization, operates a community center with the mission of providing wellness and community services to the local community. This is accomplished through various programs, including day care, after school care, and a range of youth and adult activities. The organization's primary goal is to contribute positively to the community by promoting wellness and offering essential services to its members. By doing so, the YMCA aims to foster a sense of cooperation and community among its participants.
Who is the CEO of Hunton Young Mens Christian Association?
Carla Holmes is the Treasurer of Hunton Young Mens Christian Association. The CEO's salary of Hunton Young Mens Christian Association is $96,175 and their total compensation is $96,175.
What is the revenue of Hunton Young Mens Christian Association?
Hunton Young Mens Christian Association's revenue in 2022 was $983,721.
Who are the executives of Hunton Young Mens Christian Association and what are their salaries?
The average compensation at Hunton Young Mens Christian Association during 2022 was $21,865. There are 34 employees at Hunton Young Mens Christian Association.
Here are 9 key members and their salaries (Hunton Young Mens Christian Association's CEO's salary is $96,175 and their total compensation is $96,175):
- Compensation: $96,175
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- Other: $0
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- Other: $0
Where can I find the form 990 for Hunton Young Mens Christian Association?
Hunton Young Mens Christian Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hunton Young Mens Christian Association
The William A. Hunton YMCA, a nonprofit voluntary health and welfare organization, is dedicated to serving the local community by operating a community center that focuses on promoting wellness and providing various services. This institution fulfills its mission through the provision of day care, after school care, and an array of youth and adult programs. By offering these programs, the William A. Hunton YMCA aims to contribute positively to the local community, enhancing the well-being of its residents, particularly children and adults.
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Impact
July, 2024
Hunton Young Mens Christian Association, through its William A. Hunton YMCA community center, has had a significant impact on the local community in Norfolk, VA. By providing essential wellness and community services such as day care, after school care, and a variety of youth and adult programs, the organization has positively impacted the lives of many individuals. The programs offered by the YMCA have helped promote physical and mental well-being, foster a sense of community, and provide support to individuals of all ages. Overall, Hunton Young Mens Christian Association has played a crucial role in enhancing the quality of life for those in the local community.
This information is meant to be a general summary of Hunton Young Mens Christian Association. 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: $15
- Program Service Revenue: $689,779
- Gross Receipts: $983,721
Assets and Liabilities:
- Total Assets: $667,809
- Total Liabilities: $910,428
- Net Assets: -$242,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Day Care, After School
Revenue
$689,779
Organization Details
Phone
(757) 622-7271Principal Officer
Carla Holmes
Main Address
1139 Charlotte Street, Norfolk, VA, 23504
NTEE Category
Code: P20 - Human services
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