Young Men's Christian Association Of South Florida Inc

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

EIN: 590624464 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Young Men's Christian Association Of South Florida Inc?

The Young Men's Christian Association of South Florida Inc is a nonprofit organization located in Fort Lauderdale, Florida. Their mission is centered around strengthening families by offering quality programs and activities that bring parents and children together. The YMCA believes that family time is essential, and they provide a range of physical and social activities designed specifically for families. The organization emphasizes understanding and companionship through these offerings. Committed to community development, the YMCA practices Judeo-Christian principles and focuses on youth development, healthy living, and social responsibility. With a workforce of approximately 2,220 employees, the Young Men's Christian Association of South Florida Inc continues to make a positive impact on families and the community.


Official website here: www.ymcasouthflorida.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star rating

The Young Men's Christian Association of South Florida Inc has earned a Three-Star rating from Charity Navigator, reflecting solid performance in accountability and finance. The organization's high score in this category indicates strong governance practices, including a fully independent board of directors and comprehensive financial oversight. The organization also demonstrates transparency through documented board meeting minutes and established policies regarding conflicts of interest and whistleblowing.

One of the organization's notable strengths is its program expense ratio, with 82.77% of its expenses directed towards programs, indicating a strong focus on fulfilling its mission. Furthermore, the absence of any material diversion of assets reassures donors about the integrity of the organization. These factors contribute to a positive perception of the YMCA's financial health and commitment to its goals.

However, a potential area for improvement is the liabilities to assets ratio, which stands at 55.39%. While this is not alarming, it suggests that the organization carries a moderate level of debt relative to its assets. Overall, the YMCA of South Florida shows commendable accountability and financial management, making it a reliable choice for donors looking to support community-focused initiatives.


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

Is Young Men's Christian Association Of South Florida Inc legitimate?

Young Men's Christian Association Of South Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Christian Association Of South Florida 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: $945,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,692,520

For more financial information, click here


Official website here: www.ymcasouthflorida.org

What is the mission statement of Young Men's Christian Association Of South Florida Inc?

The Young Men's Christian Association of South Florida is a leading nonprofit organization dedicated to strengthening communities through initiatives focused on youth development, healthy living, and social responsibility. Their mission revolves around enhancing family bonds by offering enriching experiences and quality programs designed specifically for families. Through various activities, they foster understanding and companionship among family members, emphasizing the importance of time spent together. All YMCA programs prioritize family, with a strong emphasis on strengthening relationships and bringing parents and children closer.


Official website here: www.ymcasouthflorida.org

Who is the CEO of Young Men's Christian Association Of South Florida Inc?

Sheryl A Woods is the CEO of Young Men's Christian Association Of South Florida Inc The CEO's salary of Young Men's Christian Association Of South Florida Inc is $410,549 and their total compensation is $441,322.


Official website here: www.ymcasouthflorida.org

What is the revenue of Young Men's Christian Association Of South Florida Inc?

Young Men's Christian Association Of South Florida Inc's revenue in 2023 was $64,981,339.


Official website here: www.ymcasouthflorida.org

Who are the executives of Young Men's Christian Association Of South Florida Inc and what are their salaries?

The average compensation at Young Men's Christian Association Of South Florida Inc during 2023 was $11,343. There are 2701 employees and 296 volunteers at Young Men's Christian Association Of South Florida Inc.

Here are 33 key members and their salaries (Young Men's Christian Association Of South Florida Inc's CEO's salary is $410,549 and their total compensation is $441,322):


Sheryl A Woods (Ceo - President)
  • Compensation: $410,549
  • Related: $0
  • Other: $30,773
Tara Montenaro (Coo)
  • Compensation: $241,000
  • Related: $0
  • Other: $24,100
Jessica S Cohen (Cfo)
  • Compensation: $236,306
  • Related: $0
  • Other: $2,719
Desislava Angelova (Svp Of Finance & Controller)
  • Compensation: $181,645
  • Related: $0
  • Other: $0
Gabriel R Ochoa (Senior Vp Of Advancement)
  • Compensation: $162,173
  • Related: $0
  • Other: $16,067
Jacqueline Roca (Vice President Of Hr)
  • Compensation: $158,807
  • Related: $0
  • Other: $15,731
William A Arterburn (Vp Of Financial Operations)
  • Compensation: $158,807
  • Related: $0
  • Other: $15,731
Alice-Lydia Bird (Vp Youth Development)
  • Compensation: $158,806
  • Related: $0
  • Other: $15,731
Marilyn Pascual (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcmahon (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scherer (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caridad Errazquin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mccafferty-Fernandez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvin Lodish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Coke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvaro Molina (Director (As Of 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Colonel Nichole Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Calvin Johnson (Director (As Of 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek L Koger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Bartel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Idalberto Bert De Armas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Howe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Krill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mildred Coyne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jarro (Director (As Of 09/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Wagner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Stowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Cooney (At Large Ec Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ymcasouthflorida.org

Where can I find the form 990 for Young Men's Christian Association Of South Florida Inc?

Young Men's Christian Association Of South Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ymcasouthflorida.org

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

Mission Statement of Young Men's Christian Association Of South Florida Inc

The Young Men's Christian Association of South Florida, often referred to as the YMCA, is a leading nonprofit organization dedicated to strengthening communities through youth development, healthy living, and social responsibility, all in line with Judeo-Christian principles. This esteemed association is committed to bringing families together for enriching experiences that foster understanding and companionship.

The YMCA offers a range of programs and activities tailored to families, emphasizing the importance of quality time spent together. These initiatives promote physical and social growth, creating opportunities for parents and children to engage in meaningful experiences that enrich their relationships. The organization's commitment to family is evident in each program, which is designed to encourage bonding and create lasting memories.

The YMCA recognizes the value of time spent as a family, offering a variety of physical and social programs that cater to the unique needs of families. Its initiatives go beyond just providing activities, focusing on fostering understanding and companionship among family members. By offering a strong emphasis on family throughout all of its programs, the YMCA stands as a beacon for community growth and connection.

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Impact




October, 2024

Young Men's Christian Association Of South Florida Inc significantly impacts the community by concentrating on youth development, healthy living, and social responsibility. By offering diverse programs that promote family togetherness, the organization cultivates strong relationships among families. These programs provide enriching experiences that foster understanding and companionship, allowing parents and children to bond through meaningful activities.

In Fort Lauderdale, the YMCA focuses on enhancing the overall well-being of individuals and families by delivering quality physical and social programs. Through its commitment to Judeo-Christian principles, the YMCA creates an environment that encourages positive social interactions and personal growth. By emphasizing the importance of family time, the organization not only strengthens familial ties but also nurtures a sense of community, bridging connections among members and encouraging a healthier lifestyle for all.




This information is meant to be a general summary of Young Men's Christian Association Of South Florida 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
$64,981,339 (2023)
Expenses
$59,090,461 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $996,169
  • Program Service Revenue: $29,620,014
  • Gross Receipts: $71,744,872

Assets and Liabilities:

  • Total Assets: $70,660,633
  • Total Liabilities: $39,142,647
  • Net Assets: $31,517,986

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Programs

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

MEMBERSHIP SERVICES

Revenue

$16,246,430

MEMBERSHIP PROGRAM SERVICES

Revenue

$13,373,584

Organization Details

Founding Year

1916

Principal Officer

Sheryl Woods

NTEE Category

Code: P20 - Human services

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