Kennebec Valley Ymca
- Assets
- $9.0m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 165
- Location
- Augusta, ME
- Founding
- 10/1970
- Data as of
- 12/2021
- EIN
- 01-0211811
Organization Overview
Kennebec Valley Ymca is located in Augusta, ME. The organization was established in 1970. 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 12/2021, Kennebec Valley YMCA employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kennebec Valley YMCA 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 12/2021, Kennebec Valley YMCA generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. 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
THE PURPOSE OF THE KENNEBEC VALLEY YMCA IS TO PROVIDE THE COMMUNITY WITH AN INSPIRATIONAL ENVIRONMENT FOR THE ENRICHMENT OF ALL PEOPLE, THROUGH SOCIAL, RECREATIONAL AND LEARNING ACTIVITIES. CARING, HONESTY, RESPECT AND RESPONSIBILITY ARE THE BASIS FOR ALL WE DO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KV YMCA WORKS TO ENSURE ALL INDIVIDUALS HAVE THE SUPPORT THEY NEED TO ACHIEVE THEIR FULL POTENTIAL. THROUGH OUR TWO FACILITIES IN AUGUSTA AND MANCHESTER, MAINE, WE WORK TO PROVIDE SERVICES ADDRESSING ITS MOST CRITICAL SOCIAL ISSUES SUCH AS YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. YOUTH DEVELOPMENT PROGRAMS FOCUS ON PROVIDING SAFE, NURTURING ENVIRONMENTS AND OPPORTUNITIES TO CULTIVATE THEIR INTERESTS, PURSUE THEIR POTENTIAL WHILE FOCUSING ON EDUCATION AND HEALTH. OUR LEARNING CENTER PROGRAM PROVIDES EDUCATION AND CARE FOR CHILDREN 6 WEEKS OLD TO 5 YEARS OLD (ADDITIONAL DETAILS PROVIDED ON PAGE 36). CAMP KV FOCUSES ON CHILDREN'S PERSONAL AND SOCIAL DEVELOPMENT AS WELL AS BUILDING CONFIDENCE, SKILLS AND INTERESTS. OUR DIABETES PREVENTION PROGRAM EDUCATES ADULTS ON HOW TO REDUCE THEIR RISK OF DEVELOPING DIABETES THROUGH NUTRITION AND EXERCISE. LIVESTRONG IS A FREE HEALTH PROGRAM DESIGNED TO SUPPORT ADULT CANCER SURVIVORS BY BUILDING MUSCLE MASS AND STRENGTH WHILE FOCUSING ON OVERALL WELL-BEING DURING AND AFTER TREATMENT. OUR FACILITIES PROVIDE THE COMMUNITY WITH MANY PHYSICAL FITNESS OPTIONS. WE OFFER BOTH GROUP AND INDIVIDUAL CLASSES. YOUTH CLASSES INCLUDE ACTIVITIES SUCH AS SOCCER, GYMNASTICS, KIDS ZUMBA, DISC GOLF, AND BASKETBALL. ADULT CLASSES INCLUDE A VARIETY OF CARDIO, STRENGTH AND TONING OPTIONS, INCLUDING: BARBELL CLASS, SPIN, TRIATHLON TRAINING, BOOTCAMP, TRX, KICKBOXING, OPEN GYM, BASKETBALL, WEIGHTS, FITNESS EQUIPMENT PILATES, SILVER SNEAKERS CLASSES AND PERSONAL TRAINING CLASSES. THE AUGUSTA FACILITY PROVIDES ACCESS TO A COMPETITION AND A FAMILY POOL. OUR AQUATICS PROGRAM PROMOTES FITNESS AND WATER SAFETY FOR ALL AGES AND ABILITIES. OUR CHILD WATCH SERVICE ENCOURAGES PARENTS TO WORK OUT WHILE OUR STAFF PROVIDES SAFE ONSITE CHILDCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $44,617 |
| Membership dues | $0 |
| Fundraising events | $32,168 |
| Related organizations | $0 |
| Government grants | $980,453 |
| All other contributions, gifts, grants, and similar amounts not included above | $449,393 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,506,631 |
| Total Program Service Revenue | $1,536,068 |
| Investment income | $69,844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,091 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,123,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,576 |
| Compensation of current officers, directors, key employees. | $6,185 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,251,102 |
| Pension plan accruals and contributions | $41,296 |
| Other employee benefits | $90,129 |
| Payroll taxes | $102,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $78,715 |
| Advertising and promotion | $0 |
| Office expenses | $37,975 |
| Information technology | $13,467 |
| Royalties | $0 |
| Occupancy | $388,611 |
| Travel | $1,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,637 |
| Interest | $92,852 |
| Payments to affiliates | $32,530 |
| Depreciation, depletion, and amortization | $404,055 |
| Insurance | $48,209 |
| All other expenses | $39,816 |
| Total functional expenses | $2,875,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $372,225 |
| Pledges and grants receivable | $69,662 |
| Accounts receivable, net | $548,706 |
| 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 | $12,824 |
| Net Land, buildings, and equipment | $5,467,836 |
| Investments—publicly traded securities | $1,894,215 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $659,704 |
| Total assets | $9,025,672 |
| Accounts payable and accrued expenses | $120,778 |
| Grants payable | $0 |
| Deferred revenue | $220,418 |
| 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 | $2,415,618 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,634 |
| Total liabilities | $2,761,448 |
| Net assets without donor restrictions | $3,551,971 |
| Net assets with donor restrictions | $2,712,253 |
| 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 | $9,025,672 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Kennebec Valley Ymca has recieved totaling $92,313.
| Awarding Organization | Amount |
|---|---|
United Way Of Kennebec Valley Augusta, ME PURPOSE: YOUTH & TEEN SERVICE | $44,000 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Young Men's or Women's Associations, Remote Learning | $14,723 |
Helen And George Ladd Charitble Corportion Boston, MA PURPOSE: GENERAL FUND | $9,500 |
Kennebec Savings Bank Foundation Augusta, ME PURPOSE: ANNUAL DONATION | $7,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $6,500 |
Onion Foundation Wayne, ME PURPOSE: GENERAL PURPOSE | $4,400 |
Endowment Analysis
| Beg. Balance | $1,702,752 |
| Earnings | $238,170 |
| Admin Expense | $9,593 |
| Net Contributions | $26,119 |
| Other Expense | $63,233 |
| Ending Balance | $1,894,215 |
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 |