Cambridge Family Ymca
- Assets
- $4.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 102
- Location
- Cambridge, MA
- Founding
- 01/1966
- Data as of
- 06/2023
- EIN
- 04-2103960
Organization Overview
Cambridge Family Ymca is located in Cambridge, MA. The organization was established in 1966. 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 06/2023, Cambridge Family YMCA employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge Family 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 06/2023, Cambridge Family YMCA generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. While expenses have increased by 1.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE AND INSPIRE LIFE-LONG DEVELOPMENT FOR CHILDREN, ADULTS, AND FAMILIES THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE ASSOCIATION ACHIEVES THIS THROUGH A BROAD RANGE OF ACTIVITIES THAT SERVE A COMMUNITY RICH IN RACIAL, RELIGIOUS, ETHNIC, AND ECONOMIC DIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEMBERSHIP SERVICES PROGRAM PROVIDES AND LINKS A DIVERSE CLIENT POPULATION WITH A BROAD CONTINUUM OF SERVICES WHICH INCLUDE AQUATICS, YOGA, AEROBICS, BASKETBALL LEAGUES, PERSONAL TRAINING, MARTIAL ARTS AND NUMEROUS CLASSES FOR ALL AGES.
THE CHILDCARE SERVICES PROGRAM PROVIDES A NURTURING ENVIRONMENT FOR CHILDREN TO LEARN AND GROW. THE ASSOCIATION OFFERS PRESCHOOL, AFTER SCHOOL AND SUMMER PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy J O'brien President/ceo | OfficerTrustee | 40 | $196,252 |
David Knisely Chairman | OfficerTrustee | 1 | $0 |
Gilda Nogueira Vice Chairman | OfficerTrustee | 1 | $0 |
Denis K Sheahan Treasurer | OfficerTrustee | 1 | $0 |
Mark Winkeller Clerk | OfficerTrustee | 1 | $0 |
Anya Alexandra Bear Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $348,805 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $432,589 |
| Total Program Service Revenue | $2,472,390 |
| Investment income | $15,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $599,666 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,526,501 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $29,086 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $407,262 |
| Compensation of current officers, directors, key employees. | $37,146 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,177,974 |
| Pension plan accruals and contributions | $46,024 |
| Other employee benefits | $89,238 |
| Payroll taxes | $108,694 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,222 |
| Fees for services: Accounting | $32,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,641 |
| Advertising and promotion | $11,098 |
| Office expenses | $179,591 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $772,090 |
| Travel | $3,226 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,865 |
| Interest | $0 |
| Payments to affiliates | $54,005 |
| Depreciation, depletion, and amortization | $159,953 |
| Insurance | $0 |
| All other expenses | $30,815 |
| Total functional expenses | $3,125,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,094 |
| Savings and temporary cash investments | $1,666,584 |
| Pledges and grants receivable | $120,651 |
| Accounts receivable, net | $57,181 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $395,963 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,371 |
| Net Land, buildings, and equipment | $1,913,132 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $52,122 |
| Other assets | $415,616 |
| Total assets | $4,886,714 |
| Accounts payable and accrued expenses | $181,609 |
| Grants payable | $0 |
| Deferred revenue | $145,423 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $6,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $224,208 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,473 |
| Total liabilities | $607,713 |
| Net assets without donor restrictions | $3,974,310 |
| Net assets with donor restrictions | $304,691 |
| 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 | $4,886,714 |