Young Mens Christian Association Of Southern Maine
- Assets
- $13.0m
- Revenue
- $7.1m
- Investments
- $60.1k
- Employees
- 517
- Location
- Portland, ME
- Founding
- 12/1937
- Data as of
- 06/2021
- EIN
- 01-0211568
Organization Overview
Young Mens Christian Association Of Southern Maine is located in Portland, ME. The organization was established in 1937. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 06/2021, Young Mens Christian Association Of Southern Maine employed 517 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Southern Maine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Young Mens Christian Association Of Southern Maine generated $7.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $7.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR YMCA IS COMMITTED TO BUILDING STRONG KIDS, INDIVIDUALS, FAMILIES, AND COMMUNITIES THROUGH PROGRAMS AND SERVICES THAT PROMOTE A HEALTHY SPIRIT, MIND, AND BODY FOR ALL, REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS DAY CAMP, PRESCHOOL, AFTER SCHOOL AND SWIM LESSONS, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR 1 IN 3 OF THE YOUNG PEOPLE WE ENGAGE.
HEALTHY LIVING - THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTERESTS. AS A RESULT, OVER 10,000 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. IN 2020-21, WE PROVIDED $1,170,921 IN FINANCIAL ASSISTANCE AND PROGRAM SUPPORT TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION.
SOCIAL RESPONSIBILITY - OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR ALMOST 160 YEARS. Y PROGRAMS, SUCH AS ADAPTIVE SERVICES, AND THE MEN'S DORMITORY PROGRAM, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES, AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. IN 2020-21, WE ENGAGED 33 YMCA VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $30,745 |
| Membership dues | $0 |
| Fundraising events | $78,666 |
| Related organizations | $0 |
| Government grants | $1,302,919 |
| All other contributions, gifts, grants, and similar amounts not included above | $654,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,066,345 |
| Total Program Service Revenue | $4,916,602 |
| Investment income | $5,650 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $88,728 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,106 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,079,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $726,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $482,342 |
| Compensation of current officers, directors, key employees. | $288,961 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,260,924 |
| Pension plan accruals and contributions | $128,623 |
| Other employee benefits | $314,117 |
| Payroll taxes | $298,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,122 |
| Fees for services: Accounting | $17,203 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,434 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $373,298 |
| Information technology | $109,823 |
| Royalties | $0 |
| Occupancy | $549,965 |
| Travel | $8,357 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,101 |
| Interest | $90,666 |
| Payments to affiliates | $76,590 |
| Depreciation, depletion, and amortization | $571,342 |
| Insurance | $138,438 |
| All other expenses | $183,314 |
| Total functional expenses | $7,948,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $811,822 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $106,006 |
| Accounts receivable, net | $130,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,421 |
| Net Land, buildings, and equipment | $9,403,661 |
| Investments—publicly traded securities | $1,931,926 |
| Investments—other securities | $60,065 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $492,813 |
| Total assets | $12,960,885 |
| Accounts payable and accrued expenses | $404,192 |
| Grants payable | $0 |
| Deferred revenue | $186,211 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,281,207 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,871,610 |
| Net assets without donor restrictions | $7,027,053 |
| Net assets with donor restrictions | $2,062,222 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,960,885 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Young Mens Christian Association Of Southern Maine has recieved totaling $135,190.
| Awarding Organization | Amount |
|---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $97,152 |
United Way Inc Portland, ME PURPOSE: Community Investment, Donor Designations | $29,038 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Young Men's or Women's Associations, Camperships | $9,000 |
Endowment Analysis
| Beg. Balance | $1,617,112 |
| Earnings | $428,054 |
| Other Expense | $53,174 |
| Ending Balance | $1,991,992 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Greater Nashua Nashua, NH | $26,864,143 | $15,906,004 |
Young Mens Christian Association Of Southern Maine Portland, ME | $12,960,885 | $7,079,431 |
Bangor Young Mens Christian Association Bangor, ME | $20,516,429 | $15,937,355 |
Concord Family Ymca Concord, NH | $0 | $2,463,949 |
Down East Family Ymca Ellsworth, ME | $3,285,467 | $5,309,341 |
Penobscot Bay Ymca Rockport, ME | $11,714,416 | $4,267,385 |
Young Mens Christian Association Ymca Camp Coniston Inc Grantham, NH | $10,729,273 | $5,482,065 |
Keene Young Mens Christian Association Keene, NH | $13,306,435 | $3,956,681 |
Young Mens Christian Association Booth Bay Region Boothbay Harbor, ME | $25,612,940 | $5,989,695 |
Bath Area Family Ymca Bath, ME | $8,511,150 | $3,889,439 |
Young Mens Christian Association Auburn-Lewiston Maine Auburn, ME | $9,172,706 | $4,117,782 |
Young Mens Christian Association Sanford-Springvale Sanford, ME | $9,131,196 | $3,686,573 |