Overview
What is Legacy Ymca?
Legacy YMCA is a charitable and faith-based community service organization located in Bessemer, Alabama. It serves individuals of all ages, backgrounds, and abilities, fostering a welcoming environment based on Christian principles. The organization offers a range of quality programs, focusing on promoting healthy lifestyles, instilling strong values, and encouraging leadership development. It prioritizes spiritual, mental, and physical well-being, emphasizing reverence to God, caring, honesty, respect, and responsibility. Legacy YMCA ensures accessibility to its programs, offering low fees and financial assistance for participation. The organization is led by volunteer representatives from the community, with volunteer involvement in various roles such as mentors, coaches, teachers, and peer group helpers.
Official website here: www.legacyymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Legacy YMCA has achieved an impressive score of 96%, primarily due to its strong performance in accountability and financial management. The nonprofit has a fully independent board, with all members meeting the standards set by Charity Navigator. This indicates a robust governance structure that supports transparency and ethical practices.
The organization demonstrates solid financial health, evident in its low liabilities to assets ratio of 2.63% and a program expense ratio of 73.86%. These figures suggest that a significant portion of its funding is directed toward its programs, which is a positive indicator for potential donors looking to maximize impact.
No significant limitations were noted in the available data, highlighting the organization’s commitment to maintaining high standards across various accountability measures. Overall, Legacy YMCA stands out as a well-managed nonprofit with a strong focus on transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Ymca legitimate?
Legacy Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Ymca 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: $82,836
Professional Fundraising Fees: $0
Other Salaries and Wages: $597,435
For more financial information, click here
Official website here: www.legacyymca.org
What is the mission statement of Legacy Ymca?
The Legacy YMCA is committed to providing a range of high-quality programs for individuals of all ages, races, and socio-economic backgrounds. This is done in an environment fostering Christian love and understanding, with an emphasis on promoting spiritual, mental, and physical well-being. The organization emphasizes reverence towards God, demonstrating values such as caring, honesty, respect, and responsibility. The Legacy YMCA serves as a charitable and faith-based community service organization, welcoming individuals regardless of their ability to pay and offering financial assistance for participation. The YMCA is led by volunteer representatives from the community and strengthened by volunteer leadership in various roles.
Official website here: www.legacyymca.org
Who is the CEO of Legacy Ymca?
Michael Talerico is the Chairman of Legacy Ymca.
Official website here: www.legacyymca.org
What is the revenue of Legacy Ymca?
Legacy Ymca's revenue in 2022 was $1,353,896.
Official website here: www.legacyymca.org
Who are the executives of Legacy Ymca and what are their salaries?
The average compensation at Legacy Ymca during 2022 was $5,442. There are 125 employees and 50 volunteers at Legacy Ymca.
Here are 16 key members and their salaries:
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- Compensation: $115,673
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Official website here: www.legacyymca.org
Where can I find the form 990 for Legacy Ymca?
Legacy Ymca's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyymca.org
Learn more at the official website: www.legacyymca.org
Mission Statement of Legacy Ymca
The Legacy YMCA is a charitable and faith-based community service organization that caters to individuals of all ages, backgrounds, and abilities. Its mission is to provide a diverse array of high-quality programs in an environment of Christian love and understanding, with the primary goal of promoting the spiritual, mental, and physical well-being of every person. Emphasizing reverence for God, caring, honesty, respect, and responsibility, Legacy YMCA seeks to foster a sense of community and interaction, encouraging strong values, leadership development, and healthy lifestyles. With a dedication to serving all, regardless of income or ability to pay, the organization offers financial assistance and low fees for participation, ensuring that its programs are accessible to all members of the community. Led by volunteer representatives, Legacy YMCA is strengthened by the contributions of volunteers who serve as mentors, coaches, teachers, and peer group helpers, furthering its mission of building strong kids, families, and communities.
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Impact
July, 2024
Legacy YMCA has a significant impact on the community by providing a variety of quality programs that cater to individuals of all ages, races, and socio-economic backgrounds. Through an atmosphere of Christian love and understanding, the organization promotes the spiritual, mental, and physical welfare of its participants. Legacy YMCA is dedicated to building strong kids, strong families, and strong communities by putting Christian principles into practice. By offering programs that focus on healthy lifestyles, strong values, leadership development, and community interaction, Legacy YMCA plays a crucial role in fostering a supportive and inclusive environment for all individuals. Additionally, the organization's commitment to welcoming participants regardless of their ability to pay and providing financial assistance further underscores its mission to serve the community. In essence, Legacy YMCA's impact is felt through its efforts to promote personal growth, community engagement, and the values of reverence to God, caring, honesty, respect, and responsibility.
This information is meant to be a general summary of Legacy Ymca. 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: -$4,588
- Program Service Revenue: $1,214,018
- Gross Receipts: $1,364,103
Assets and Liabilities:
- Total Assets: $3,112,036
- Total Liabilities: $108,478
- Net Assets: $3,003,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HEALTH AND
Revenue
$760,365
PROGRAM FEES
Revenue
$255,017
CHILDCARE NETWORK
Revenue
$175,742
AT-RISK FOOD REIMBURSE
Revenue
$22,894
Organization Details
Founding Year
1920
Phone
(205) 426-1211Principal Officer
Michael Talerico
Main Address
1501 FOURTH AVENUE SOUTHWEST, BESSEMER, AL, 35203
Website
www.legacyymca.orgNTEE Category
Code: P20 - Human services
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