Overview
What is Ymca Of Memphis & The Mid-South?
The YMCA of Memphis & The Mid-South is a thriving nonprofit organization with a mission to put Christian principles into practice, fostering healthy spirit, mind, and body for all. Based in Cordova, Tennessee, at 7171 Goodlett Farms Parkway, this esteemed institution assists over 43,000 members in their wellness journeys within its facilities. Through their programs, they prioritize healthy living and offer instruction in essential life skills such as swimming to over 7,500 youth and families. Their team of employees, numbering 2411, remains dedicated to strengthening their community and enhancing the wellbeing of their members.
Official website here: www.ymcamemphis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The YMCA of Memphis & the Mid-South has received a high rating from Charity Navigator, indicating strong accountability and financial health. With a score of 96%, the organization excels in all assessed areas, demonstrating effective governance and transparency. The independent board is notably robust, with 89% of its members being independent, contributing to sound decision-making and oversight.
Key strengths include a perfect score in financial statements audit and no reported material diversion of assets, reflecting strong financial management practices. The organization also has robust policies in place for conflict of interest, whistleblower protections, and document retention, which further substantiate its commitment to ethical operations. Additionally, an impressive program expense ratio of 85.34% suggests that a significant portion of its funds is directed toward its programs and services.
Despite its strong performance, one area for potential growth could be enhancing public visibility and outreach efforts, as the effectiveness of its programs isn't detailed in this evaluation. Nonetheless, the YMCA of Memphis & the Mid-South is well-regarded for its transparent operational practices and responsible management of resources, making it a trustworthy choice for donors and community members.
This AI summary has been generated from information found on Charity Navigator.
Is Ymca Of Memphis & The Mid-South legitimate?
Ymca Of Memphis & The Mid-South is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Of Memphis & The Mid-South 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: $1,501,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,509,257
For more financial information, click here
Official website here: www.ymcamemphis.org
What is the mission statement of Ymca Of Memphis & The Mid-South?
The YMCA of Memphis & The Mid-South is dedicated to implementing Christian values into practice through various programs that foster healthy development for individuals, encompassing their spiritual, mental, and physical wellbeing. This year, they assisted over 43,000 members in their health and wellness journey within their facilities. Furthermore, they provided swim lessons to over 7,500 youth and families, imparting a vital life-saving skill. Through their initiatives, they contribute to strengthening their community by promoting overall health and wellness.
Official website here: www.ymcamemphis.org
Who is the CEO of Ymca Of Memphis & The Mid-South?
Jerry Martin is the Board Member of Ymca Of Memphis & The Mid-South. The CEO's salary of Ymca Of Memphis & The Mid-South is $398,354 and their total compensation is $436,112.
Official website here: www.ymcamemphis.org
What is the revenue of Ymca Of Memphis & The Mid-South?
Ymca Of Memphis & The Mid-South's revenue in 2022 was $55,245,807.
Official website here: www.ymcamemphis.org
Who are the executives of Ymca Of Memphis & The Mid-South and what are their salaries?
The average compensation at Ymca Of Memphis & The Mid-South during 2022 was $7,470. There are 2411 employees and 1660 volunteers at Ymca Of Memphis & The Mid-South.
Here are 32 key members and their salaries (Ymca Of Memphis & The Mid-South's CEO's salary is $398,354 and their total compensation is $436,112):
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- Compensation: $398,354
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- Other: $32,843
Official website here: www.ymcamemphis.org
Where can I find the form 990 for Ymca Of Memphis & The Mid-South?
Ymca Of Memphis & The Mid-South's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymcamemphis.org
Learn more at the official website: www.ymcamemphis.org
Mission Statement of Ymca Of Memphis & The Mid-South
The YMCA of Memphis & The Mid-South is a nonprofit organization that embodies Christian principles in action through its programs, aimed at fostering healthy spirit, mind, and body for all. The mission of this esteemed institution is to make a significant impact on the community by putting faith into practice.
The YMCA of Memphis & The Mid-South is dedicated to strengthening the community through healthy living. This year, the organization has touched the lives of over 43,000 members, guiding them on their health and wellness journeys within their facilities. By offering instruction in essential life skills, such as swimming, the YMCA of Memphis & The Mid-South has reached over 7,500 youth and families.
The YMCA of Memphis & The Mid-South is more than just a place for workouts and recreation; it is a beacon of hope and support for individuals seeking to improve their lives. The organization's commitment to Christian principles is reflected in its inclusive approach, ensuring that everyone, regardless of background or circumstances, has the opportunity to participate in its programs and grow both physically and spiritually.
Through its various initiatives, the YMCA of Memphis & The Mid-South continues to make a difference in the lives of countless individuals, empowering them to reach their full potential and build stronger, healthier communities.
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Impact
October, 2024
Ymca Of Memphis & The Mid-South significantly strengthens the community through a focus on healthy living. This year, it has supported over 43,000 members in their health and wellness journeys across its facilities. The organization places a strong emphasis on teaching essential life skills, providing swim lessons to more than 7,500 youth and families, ensuring that individuals not only improve their physical health but also cultivate confidence in critical lifesaving techniques. By integrating Christian principles into its programs, Ymca Of Memphis & The Mid-South fosters an environment where all community members can thrive spiritually, mentally, and physically.
This information is meant to be a general summary of Ymca Of Memphis & The Mid-South. 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: $368,908
- Program Service Revenue: $18,279,208
- Gross Receipts: $55,267,905
Assets and Liabilities:
- Total Assets: $68,597,677
- Total Liabilities: $32,781,012
- Net Assets: $35,816,665
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE
Revenue
$14,856,368
SUMMER DAY CAMP
Revenue
$1,986,373
SPORTS & FITNESS
Revenue
$1,383,431
MISCELLANEOUS
Revenue
$53,036
Organization Details
Founding Year
1855
Phone
(901) 766-7677Principal Officer
Jerry Martin
Main Address
7171 GOODLETT FARMS PARKWAY, CORDOVA, TN, 38016
Website
www.ymcamemphis.orgNTEE Category
Code: P27Z - Human services
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