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Ymca Of Kanawha Valley Inc

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

EIN: 550357058 ✦ Charleston, WV ✦ Designated as a 501(c)(3)

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Overview

What is Ymca Of Kanawha Valley Inc?

YMCA of Kanawha Valley Inc is a charitable, social service organization committed to promoting youth development, healthy living, and social responsibility. Based in Charleston, West Virginia, the organization emphasizes Christian principles, focusing on building a healthy spirit, mind, and body for all, regardless of age, race, ability, income, or religion. Their sports and recreation programs, such as basketball, teeball, lacrosse, and volleyball, emphasize sportsmanship, character building, motivation, and fair play. The objective is not just to improve athletic skills but also to foster better individuals through sportsmanship, character development, and social responsibilities. The YMCA welcomes everyone, ensuring accessibility through a sliding fee scale. In addition to sports, they engage in community outreach, supporting various nonprofit organizations.


Official website here: www.ymcaofkv.org

What are the reviews and ratings of this charity?

88% rating from Charity Navigator indicates that YMCA of Kanawha Valley Inc has a solid performance in terms of accountability and finance, earning a Three-Star out of Four Star rating. This score reflects strong governance practices, including a fully independent board and effective oversight of financial statements, contributing to a trustworthy reputation among donors.

The organization excels in maintaining transparency and accountability, as evidenced by its compliance with various policies including conflict of interest and whistleblower protections. The board's independent structure and the absence of asset diversion further enhance its credibility, ensuring that funds are used appropriately to support its mission.

However, while the program expense ratio of 63.73% demonstrates a reasonable allocation of resources towards its programs, there is room for improvement in this area. Overall, the YMCA of Kanawha Valley Inc shows a commitment to responsible financial management and governance, although enhancing the efficiency of program expenditures could strengthen its impact even further.


This AI summary has been generated from information found on Charity Navigator.

Is Ymca Of Kanawha Valley Inc legitimate?

Ymca Of Kanawha Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Of Kanawha Valley 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: $202,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,290,192

For more financial information, click here


Official website here: www.ymcaofkv.org

What is the mission statement of Ymca Of Kanawha Valley Inc?

The YMCA of Kanawha Valley is a charitable organization dedicated to promoting youth development, healthy living, and social responsibility. Their mission is to put Christian principles into practice through programs that foster a healthy spirit, mind, and body for all. The impact of their work is evident when individuals make healthy choices, when YMCA coaches inspire children, and when the community comes together for the common good. Their programs emphasize four core character values: caring, honesty, respect, and responsibility. The YMCA serves individuals of all ages, races, abilities, income levels, and religions, ensuring everyone is welcome, regardless of their ability to pay. The organization is led by volunteers who help identify community needs and develop strategies to respond, ultimately benefiting the entire community.


Official website here: www.ymcaofkv.org

Who is the CEO of Ymca Of Kanawha Valley Inc?

Sarah Bolyard is the Director of Ymca Of Kanawha Valley Inc. The CEO's salary of Ymca Of Kanawha Valley Inc is $118,823 and their total compensation is $122,751.


Official website here: www.ymcaofkv.org

What is the revenue of Ymca Of Kanawha Valley Inc?

Ymca Of Kanawha Valley Inc's revenue in 2022 was $5,560,329.


Official website here: www.ymcaofkv.org

Who are the executives of Ymca Of Kanawha Valley Inc and what are their salaries?

The average compensation at Ymca Of Kanawha Valley Inc during 2022 was $9,661. There are 258 employees and 23 volunteers at Ymca Of Kanawha Valley Inc.


Here are 25 key members and their salaries (Ymca Of Kanawha Valley Inc's CEO's salary is $118,823 and their total compensation is $122,751):


Gene Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Bonar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Carney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Will H Robinson Iii (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric J Cavender (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanley C Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Buck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Forinash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Grigsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Kirby Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hode Ed Kirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Spangler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
J David Mills (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Mcphail (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepesh Randeri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber D Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Margolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cinda Hewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Bolyard (President & Ceo)
  • Compensation: $118,823
  • Related: $0
  • Other: $3,928
Erin Dydland (Coo)
  • Compensation: $71,644
  • Related: $0
  • Other: $7,879


Official website here: www.ymcaofkv.org

Where can I find the form 990 for Ymca Of Kanawha Valley Inc?

Ymca Of Kanawha Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ymcaofkv.org

Learn more at the official website: www.ymcaofkv.org

Mission Statement of Ymca Of Kanawha Valley Inc

The YMCA of Kanawha Valley is a charitable and social service organization committed to promoting youth development, healthy living, and social responsibility. Their mission is to embody Christian principles through programs that foster a healthy spirit, mind, and body for all individuals. This organization serves individuals of various ages, races, abilities, income levels, and religions, welcoming everyone regardless of their ability to pay. The YMCA's impact is most evident when an individual makes a healthy choice, a YMCA coach inspires a child, and when the community unites for the common good. The organization is guided by volunteers who identify community needs and develop strategies to address them, ultimately benefiting the entire community through their efforts. The YMCA's programs emphasize four core character values: caring, honesty, respect, and responsibility.

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Impact




July, 2024

The impact of YMCA Of Kanawha Valley Inc extends far and wide, touching the lives of men, women, and children of all ages, races, abilities, incomes, and religions in the community of Charleston, WV. The organization is dedicated to youth development, healthy living, and social responsibility, striving to instill four core character values - caring, honesty, respect, and responsibility - in all its programs. By putting Christian principles into practice, the YMCA fosters a sense of community where individuals of diverse backgrounds can come together for the common good. Through sports and recreation initiatives, the YMCA promotes sportsmanship, character building, and social responsibilities among participants, helping them develop not only as athletes but as individuals. Additionally, the YMCA's adult sports activities encourage healthier lifestyles and promote fitness within the community. Moreover, the organization's involvement in events like the Corporate Cup Challenge further underscores its commitment to giving back to other charitable organizations. With its inclusive approach that welcomes everyone, regardless of their ability to pay, the YMCA Of Kanawha Valley Inc continues to make a positive impact by inspiring healthy choices and building a stronger, more connected community.




This information is meant to be a general summary of Ymca Of Kanawha Valley 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
$5,560,329 (2022)
Expenses
$4,888,628 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,054
  • Program Service Revenue: $4,143,680
  • Gross Receipts: $5,571,350

Assets and Liabilities:

  • Total Assets: $8,301,823
  • Total Liabilities: $2,645,929
  • Net Assets: $5,655,894

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Programs

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

CONTRACTED SERVICES

Revenue

$1,873,906

MEMBERSHIP DUES

Revenue

$1,334,308

PROGRAM FEES

Revenue

$935,466

Organization Details

Founding Year

1906

Principal Officer

Sarah Bolyard

Main Address

100 YMCA DRIVE, CHARLESTON, WV, 25311

NTEE Category

Code: P27Z - Human services

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