Overview
What is The Y Service Club Of Pasadena?
The Y Service Club of Pasadena is a nonprofit organization located at 301 E Colorado Blvd 600, Pasadena, California. Over the course of five years, they contribute $250,000 to support youth programs within the Pasadena branch of the Metro YMCA of Los Angeles, California. Additionally, they provide substantial financial assistance to the YMCA of the Foothills for capital programs and youth, as well as making a permanent endowment for the Pasadena area through the YMCA of Metropolitan Los Angeles. Moreover, they contribute to the Pacific SW Region Y Endowment Fund, which primarily focuses on scholarships. Their mission primarily involves supporting YMCA youth activities and scholarships, contributing to various initiatives that empower and enrich the lives of young individuals in their community.
Official website here: www.none
Is The Y Service Club Of Pasadena legitimate?
The Y Service Club Of Pasadena is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Y Service Club Of Pasadena 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
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Official website here: www.none
What is the mission statement of The Y Service Club Of Pasadena?
The Y Service Club of Pasadena's mission primarily involves supporting youth activities associated with the YMCA. More specifically, they contribute to various programs and initiatives aimed at youth, including providing scholarships. Their support extends to multiple YMCA branches, such as the YMCA of the Foothills and the YMCA of Metropolitan Los Angeles, allocating funds for capital programs and establishing permanent endowments. Additionally, they contribute to regional YMCA scholarships funds to support deserving youth.
Official website here: www.none
Who is the CEO of The Y Service Club Of Pasadena?
Peter R Palermo is the President of The Y Service Club Of Pasadena.
Official website here: www.none
What is the revenue of The Y Service Club Of Pasadena?
The Y Service Club Of Pasadena's revenue in 2022 was -$341,619.
Official website here: www.none
Who are the executives of The Y Service Club Of Pasadena and what are their salaries?
Here are 2 key members and their salaries:
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of The Y Service Club Of Pasadena
The Y Service Club of Pasadena is committed to supporting the activities and initiatives of the YMCA, with a particular focus on youth programs and scholarships. This nonprofit organization has pledged a significant sum of $250,000 over a period of five years to the Pasadena branch of the Metropolitan YMCA of Los Angeles, California, for youth programs. Moreover, The Y Service Club of Pasadena has also contributed $336,875 to the YMCA of the Foothills for capital programs and youth initiatives, and $335,607 to the YMCA of Metropolitan Los Angeles, establishing a permanent endowment for the Pasadena area. Additionally, the club has donated $100,000 to the Pacific Southwest Region Y Endowment Fund, which primarily supports scholarships. Lastly, The Y Service Club of Pasadena has contributed $30,000 to Y Service Clubs International, allocating funds for brotherhood, scholarships, and memorials. In essence, The Y Service Club of Pasadena aims to contribute to the YMCA's mission of empowering youth through various programs and scholarships.
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Impact
October, 2024
The Y Service Club of Pasadena significantly impacts youth development and community enrichment by providing substantial financial support to various YMCA programs. Over a five-year commitment, they have allocated $250,000 to support youth activities at the Pasadena branch of the Metro YMCA of Los Angeles. This investment fosters a range of engaging programs that cater to the needs of local youth.
Additionally, the club has contributed $336,875 to the YMCA of the Foothills, enhancing capital programs aimed at benefiting young people in the area. Their commitment extends to establishing a permanent endowment of $335,607 for the YMCA of Metropolitan Los Angeles, ensuring the long-term sustainability of youth initiatives in Pasadena.
Scholarships are also a key focus, with $100,000 directed to the Pacific Southwest Region Y Endowment Fund to provide financial assistance to deserving youth. Moreover, $30,000 has been allocated to the Y Service Clubs International, emphasizing values like brotherhood, scholarship, and memorial efforts.
Through these efforts, The Y Service Club of Pasadena is instrumental in fostering a vibrant community and empowering the next generation through accessible and quality youth programs.
This information is meant to be a general summary of The Y Service Club Of Pasadena. 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: -$342,159
- Gross Receipts: $1,036,673
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1948
Phone
(626) 365-1840Principal Officer
Peter R Palermo
Main Address
301 E COLORADO BLVD 600, PASADENA, CA, 91101
Website
www.noneNTEE Category
Code: S11 - Community improvement
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