Overview
What is Westport Weston Family Ymca Foundation Inc?
Westport Weston Family YMCA Foundation Inc is a charitable organization established in 2016, situated in Westport, Connecticut. It operates as a 501(c)(3) entity, with the Young Men's Christian Association of Westport/Weston, Connecticut, Inc. serving as its sole member. The foundation's primary mission is to support, benefit, and aid the operations, programs, endeavors, and initiatives of the Young Men's Christian Association, providing financial assistance through property donations, gifts, or bequests. The foundation manages and invests these funds to generate income, which is then utilized to advance the association's objectives.
Is Westport Weston Family Ymca Foundation Inc legitimate?
Westport Weston Family Ymca Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westport Weston Family Ymca Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Westport Weston Family Ymca Foundation Inc?
The Westport Weston Family YMCA Foundation Inc. was established as a 501C3 corporation in 2016, with the Young Men's Christian Association of Westport/Weston, Connecticut Inc. as its sole member. The foundation's primary purpose is threefold: firstly, to support, benefit, and assist the operations, programs, endeavors, and initiatives of the association. Secondly, it receives funds from various sources, including individuals, corporations, and governmental agencies, which are dedicated to the association. Lastly, the foundation manages and invests these funds, using their income and principal to benefit the association in the best possible way. In essence, the Westport Weston Family YMCA Foundation Inc. exists to contribute to and enhance the work of the association.
Who is the CEO of Westport Weston Family Ymca Foundation Inc?
Glen Hale is the Treasurer/Vice Chair of Westport Weston Family Ymca Foundation Inc. The CEO's salary of Westport Weston Family Ymca Foundation Inc is $0 and their total compensation is $301,803.
What is the revenue of Westport Weston Family Ymca Foundation Inc?
Westport Weston Family Ymca Foundation Inc's revenue in 2022 was $663,949.
Who are the executives of Westport Weston Family Ymca Foundation Inc and what are their salaries?
There 16 volunteers at Westport Weston Family Ymca Foundation Inc.
Here are 21 key members and their salaries (Westport Weston Family Ymca Foundation Inc's CEO's salary is $0 and their total compensation is $301,803):
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- Other: $14,320
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- Related: $67,616
- Other: $7,100
Where can I find the form 990 for Westport Weston Family Ymca Foundation Inc?
Westport Weston Family Ymca Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westport Weston Family Ymca Foundation Inc
The Westport Weston Family YMCA Foundation Inc, established as a 501C3 corporation, was formed with the Young Men's Christian Association of Westport/Weston, CT Inc (the Association) as its sole member. Its primary purpose is to support, benefit, and assist the operations, programs, endeavors, and initiatives of the Association. The Foundation also serves to receive property from various sources, which are dedicated to the Association. This property can be given as a gift, bequest, or from any other entity, and the Foundation is responsible for managing, investing, and reinvesting this property, using the net income and principal for the benefit of the Association. The Foundation's actions are aimed at contributing to the Association's mission and progress in the best possible way.
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Impact
October, 2024
The Westport Weston Family YMCA Foundation Inc plays a vital role in enhancing community well-being through its support of the Westport Weston Family YMCA. By obtaining and managing funds specifically to further the YMCA's mission, the Foundation amplifies the impact of programs and services that foster inclusivity, health, and youth development in the community.
Its financial contributions enable the YMCA to implement various initiatives that cater to diverse groups, providing recreational, educational, and wellness opportunities. This support not only enriches the lives of individuals and families but also strengthens the community fabric by promoting engagement, healthy living, and social responsibility.
By receiving and managing donations from various sources, the Foundation ensures that vital resources are available for the YMCA to thrive and adapt to the evolving needs of Westport and Weston residents. The Foundation's commitment to responsible stewardship and investment of funds underscores its dedication to long-term community impact, ensuring that the benefits of the YMCA's programs continue to be felt for years to come.
This information is meant to be a general summary of Westport Weston Family Ymca Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $663,949
- Gross Receipts: $25,505,652
Assets and Liabilities:
- Total Assets: $45,441,034
- Total Liabilities: $251,419
- Net Assets: $45,189,615
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Organization Details
Founding Year
2016
Phone
(203) 226-8981Principal Officer
Glen Hale
Main Address
14 ALLEN RAYMOND LANE, WESTPORT, CT, 06880
NTEE Category
Code: P27 - Human services
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