Overview
What is Young Mens Christian Association Of Corsicana?
The Young Men's Christian Association of Corsicana, commonly known as YMCA of Corsicana, is a charitable community organization situated in Corsicana, Texas. With a commitment to inclusivity, it serves individuals of all ages, abilities, income levels, races, and religions. The YMCA's primary mission is to foster strong families, kids, and communities by embodying Christian principles in its practices. The organization operates with a team of 135 dedicated individuals, providing a range of services to nurture and uplift the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Young Mens Christian Association of Corsicana has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based solely on its Accountability & Finance score of 90%, reflecting the organization’s commitment to transparency and effective management of its resources. The organization showcases a fully independent board of directors and maintains strong oversight practices, which significantly contribute to its positive evaluation.
Strengths of the YMCA of Corsicana include its complete independence of board members and robust financial oversight mechanisms, such as a dedicated audit and oversight committee. The organization has demonstrated excellent practices with no material diversion of assets and has implemented various policies that protect its integrity, including conflict of interest and whistleblower policies. The high liabilities to assets ratio further emphasizes its strong financial standing.
However, while the program expense ratio stands at a respectable 66.54%, there is room for improvement in this area to ensure that a larger portion of funds is directed towards programs rather than administrative expenses. Overall, the YMCA of Corsicana is well-regarded for its operational transparency and effective governance, 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 Mens Christian Association Of Corsicana legitimate?
Young Mens Christian Association Of Corsicana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Association Of Corsicana 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: $66,019
Professional Fundraising Fees: $0
Other Salaries and Wages: $612,634
For more financial information, click here
What is the mission statement of Young Mens Christian Association Of Corsicana?
The Young Men's Christian Association of Corsicana serves as a charitable community organization, welcoming individuals of all ages, abilities, income levels, races, and religions. Its primary mission is to foster strength in children, families, and communities by integrating Christian principles into its activities. The organization is committed to nurturing these groups, aiming to create a strong and supportive community.
Who is the CEO of Young Mens Christian Association Of Corsicana?
Thomas Burns is the Ceo of Young Mens Christian Association Of Corsicana. The CEO's salary of Young Mens Christian Association Of Corsicana is $66,019 and their total compensation is $66,019.
What is the revenue of Young Mens Christian Association Of Corsicana?
Young Mens Christian Association Of Corsicana's revenue in 2022 was $1,969,238.
Who are the executives of Young Mens Christian Association Of Corsicana and what are their salaries?
The average compensation at Young Mens Christian Association Of Corsicana during 2022 was $5,027. There are 135 employees and 400 volunteers at Young Mens Christian Association Of Corsicana.
Here are 21 key members and their salaries (Young Mens Christian Association Of Corsicana's CEO's salary is $66,019 and their total compensation is $66,019):
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Where can I find the form 990 for Young Mens Christian Association Of Corsicana?
Young Mens Christian Association Of Corsicana's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Mens Christian Association Of Corsicana
The Young Men's Christian Association of Corsicana is a charitable community service organization that embraces individuals of all ages, abilities, income levels, races, and religions. Its mission is centered around strengthening children, families, and communities by incorporating Christian principles into its practices. The organization is committed to nurturing these entities, fostering a sense of resilience and unity within its community.
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Impact
July, 2024
The impact of the Young Men's Christian Association of Corsicana is seen in the way it nurtures strong kids, families, and communities by putting Christian principles into practice. Regardless of age, ability, income, race, or religion, the YMCA of Corsicana works to support and uplift all members of the community. Through its charitable efforts and commitment to community service, the YMCA of Corsicana plays a vital role in promoting the well-being and development of individuals and families in the area.
This information is meant to be a general summary of Young Mens Christian Association Of Corsicana. 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.
- Program Service Revenue: $1,031,769
- Gross Receipts: $1,969,238
Assets and Liabilities:
- Total Assets: $1,968,199
- Total Liabilities: $73,766
- Net Assets: $1,894,433
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Revenue
Revenue
$615,084
Childcare Revenue-Schoo
Revenue
$115,084
Day Camp Revenue
Revenue
$97,143
Organization Details
Founding Year
1960
Principal Officer
Thomas Burns
Main Address
400 Oaklawn Drive, Corsicana, TX, 75110
NTEE Category
Code: P27Z - Human services
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