Overview
What is Ymca Of Metropolitan Ft Worth Endowment?
The YMCA of Metropolitan Ft Worth Endowment is a nonprofit organization with a mission to support the YMCA of Metropolitan Fort Worth. It manages and holds assets for this purpose, subject to specific restrictions and obligations. The endowment funds are primarily utilized to provide scholarships to low-income youth enrolled in YMCA programs. Additionally, the endowment funds are allocated for major maintenance projects, such as roof replacements, HVAC replacements, and other significant facility repairs and replacements, aimed at promoting the stability of the YMCA of Metropolitan Fort Worth and its facilities. The endowment's headquarters are located at 512 Lamar Street Suite 400, Fort Worth, Texas 76102.
Official website here: www.ymcafw.org
What do the Facebook reviews say about Ymca Of Metropolitan Ft Worth Endowment?
88% of 101 reviewers on Facebook recommend the YMCA of Metropolitan Fort Worth Endowment. Here is a summary of their reviews:
Many users describe the YMCA as a welcoming and friendly environment, emphasizing its inviting atmosphere where community members feel valued and supported. The sense of camaraderie among patrons enhances the overall experience and encourages participation.
Overall, the organization seems to create a positive impact on the community by providing a space for individuals to connect and thrive together. Many reviewers appreciate the strong sense of community fostered by the YMCA, which contributes to its positive reputation.
This AI summary has been generated from reviews found on Facebook.
Is Ymca Of Metropolitan Ft Worth Endowment legitimate?
Ymca Of Metropolitan Ft Worth Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca Of Metropolitan Ft Worth Endowment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ymcafw.org
What is the mission statement of Ymca Of Metropolitan Ft Worth Endowment?
The YMCA of Metropolitan Ft Worth Endowment was established with the primary purpose of managing assets for the support of the YMCA of Metropolitan Fort Worth. These assets are subject to certain restrictions and obligations. The endowment funds are utilized in two main ways. Firstly, scholarships are provided to low-income youth enrolled in YMCA programs. Secondly, the funds are distributed to the YMCA for major maintenance projects, such as roof replacements, HVAC replacements, and other significant facility repairs and replacements. The aim of these maintenance funds is to promote the stability and upkeep of the YMCA of Metropolitan Fort Worth and its facilities.
Official website here: www.ymcafw.org
Who is the CEO of Ymca Of Metropolitan Ft Worth Endowment?
Unavailable
Official website here: www.ymcafw.org
What is the revenue of Ymca Of Metropolitan Ft Worth Endowment?
Ymca Of Metropolitan Ft Worth Endowment's revenue in 2022 was $1,900,111.
Official website here: www.ymcafw.org
Who are the executives of Ymca Of Metropolitan Ft Worth Endowment and what are their salaries?
There 8 volunteers at Ymca Of Metropolitan Ft Worth Endowment.
Here are 8 key members and their salaries:
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Official website here: www.ymcafw.org
Where can I find the form 990 for Ymca Of Metropolitan Ft Worth Endowment?
Ymca Of Metropolitan Ft Worth Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymcafw.org
Learn more at the official website: www.ymcafw.org
Mission Statement of Ymca Of Metropolitan Ft Worth Endowment
The YMCA of Metropolitan Ft Worth Endowment was established with a specific purpose: to manage and utilize assets for the support of the YMCA of Metropolitan Fort Worth. The organization is subject to certain restrictions and obligations associated with these assets. Its primary role is to provide scholarships for low-income youth enrolled in YMCA programs. Furthermore, the Endowment makes distributions to the YMCA to be utilized for major maintenance projects, such as roof replacements, HVAC replacements, and other significant facility repairs and replacements. This mission serves to promote the stability of the YMCA of Metropolitan Fort Worth and its facilities, ensuring they can continue to provide essential services to the community.
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Impact
October, 2024
Ymca Of Metropolitan Ft Worth Endowment plays a crucial role in supporting the YMCA of Metropolitan Fort Worth by managing assets designated for specific purposes. This endowment primarily funds scholarships for low-income youth, enabling access to vital programs that promote personal development and community engagement. Additionally, it allocates resources for essential maintenance projects, including roof and HVAC replacements, ensuring that facilities remain safe and functional.
The impact of this endowment is significant, as it not only enhances the quality of services provided to children and families in the Fort Worth area but also contributes to the overall stability and longevity of the YMCA's facilities. By prioritizing both youth support and infrastructure maintenance, the endowment helps sustain a community resource that fosters healthy living, social responsibility, and youth development.
This information is meant to be a general summary of Ymca Of Metropolitan Ft Worth Endowment. 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: $932,906
- Gross Receipts: $10,478,598
Assets and Liabilities:
- Total Assets: $15,415,255
- Total Liabilities: $13,591
- Net Assets: $15,401,664
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Organization Details
Founding Year
1999
Phone
(817) 335-9622Main Address
512 LAMAR STREET SUITE 400, FORT WORTH, TX, 76102
Website
www.ymcafw.orgNTEE Category
Code: P270 - Human services
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