Young Mens Christian Association Southcoast Incorporated

Organization Overview

Young Mens Christian Association Southcoast Incorporated is located in New Bedford, MA. The organization was established in 1933. 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, Young Mens Christian Association Southcoast Incorporated employed 624 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Southcoast Incorporated 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, Young Mens Christian Association Southcoast Incorporated generated $16.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $11.3m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE IMPROVEMENT OF THE SPIRITUAL, MENTAL, SOCIAL, EDUCATIONAL AND PHYSICAL CONDITIONS OF ALL PERSON.STRENGTHENING COMMUNITY IS OUR CAUSE. EVERY DAY WE WORK SIDE-BY-SIDE WITH OUR NEIGHBORS TO MAKE SURE THAT EVERYONE, REGARDLESS OF AGE, INCOME OR BACKGROUND, HAS THE OPPORTUNITY TO LEARN, GROW AND THRIVE.THE Y IS THE NATION'S LEADING NONPROFIT COMMITTED TO STRENGTHENING COMMUNITIES THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY.YMCA SOUTHCOAST HAS BEEN WORKING TO PROVIDE HEALTH AND SOCIAL SERVICES TO THOUSANDS OF YOUTH, FAMILIES AND INDIVIDUALS THROUGHOUT THE SOUTH COAST REGION FOR NEARLY 150 YEARS. IN 2021, YMCA SOUTHCOAST PROVIDED A TOTAL OF $689,665 IN FREE PROGRAMS AND YCARES FINANCIAL ASSISTANCE TO THE INDIVIDUALS AND FAMILIES IN OUR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILDCARE PROGRAMS:AT YMCA SOUTHCOAST, WE BELIEVE THE VALUES AND SKILLS LEARNED EARLY ON ARE VITAL BUILDING BLOCKS FOR QUALITY OF LIFE AND FUTURE SUCCESS. THAT'S WHY OUR PRE-SCHOOL, BEFORE/AFTERSCHOOL AND CHILD WATCH PROGRAMS ARE STAFFED WITH PEOPLE WHO UNDERSTAND THE COGNITIVE, PHYSICAL AND SOCIAL DEVELOPMENT OF KIDS. AT THE Y, CHILDREN DEVELOP TRUST AND SECURITY, PRESCHOOLERS EXPERIENCE EARLY LITERACY AND LEARN ABOUT THEIR WORLD AND SCHOOL-AGE KIDS MAKE FRIENDS, LEARN NEW SKILLS AND DO THEIR HOMEWORK. MOST IMPORTANTLY, CHILDREN LEARN HOW TO BE THEIR BEST SELVES AND FAMILIES FEEL SUPPORTED. THAT MAKES FOR CONFIDENT KIDS TODAY, AND CONTRIBUTING AND ENGAGED ADULTS TOMORROW.


COMMUNITY SUPPORT:AT YMCA SOUTHCOAST, STRENGTHENING COMMUNITY IS OUR CAUSE. THE ASSOCIATION BELIEVES THAT LASTING PERSONAL AND SOCIAL CHANGE CAN ONLY COME ABOUT WHEN WE ALL WORK TOGETHER TO INVEST IN OUR CHILDREN, OUR HEALTH AND OUR NEIGHBORS. FROM EXERCISE TO EDUCATION, VOLLEYBALL TO VOLUNTEERISM, SWIM LESSONS TO SCHOLARSHIPS, THE ASSOCIATION IS HERE FOR ALL. IN ADDITION TO OFFERING FREE, PREVENTATIVE HEALTH PROGRAMS INCLUDING LIVESTRONG, FREE EDUCATIONAL ACHIEVEMENT PROGRAMS INCLUDING SUMMER SCHOLARS, AND OUR HUNGER RELIEF PROGRAMS INCLUDING "SHARING THE HARVEST" COMMUNITY FARM, THE ASSOCIATION ALSO OFFERS YCARES FINANCIAL ASSISTANCE FOR MEMBERSHIP, CHILDCARE, CAMP AND PROGRAMS. THE Y WELCOMES ALL!


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Board, Officers & Key Employees

Name (title)Compensation
James F Scherer
Chief Executive Officer
$218,832
Robert A Trahan
Chief Financial Officer
$176,931
Arthur Deascentis
Chairman
$0
Lizanne Campbell
1st Vice Chair
$0
Terrance A Gomes
2nd Vice Chair
$0
Geoffrey W Swett
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Whaling City Transit Inc
Transportation
$183,109
Micro Technology Solutions Inc
Computer Equipment/service
$182,087
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$52,022
Related organizations$0
Government grants $9,417,705
All other contributions, gifts, grants, and similar amounts not included above$1,225,857
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,695,584
Total Program Service Revenue$5,351,572
Investment income $24,696
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $317,343
Net Gain/Loss on Asset Sales $163,598
Net Income from Fundraising Events $6,795
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $8,969
Miscellaneous Revenue$0
Total Revenue $16,569,105

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Young Mens Christian Association Southcoast Incorporated has recieved totaling $186,749.

Awarding OrganizationAmount
Southcoast Community Foundation Inc

New Bedford, MA

PURPOSE: GENERAL OPERATING SUPPORT; HARVEST COMMUNITY FARM

$118,000
United Way Of Greater New Bedford Inc

New Bedford, MA

PURPOSE: CHILDREN AND YOUTH

$33,000
United Way Of Greater Fall River Inc

Fall River, MA

PURPOSE: EARLY EDUCATION AND CHILDCARE; OUT OF SCHOOL ENRICHMENT

$17,000
Project Bread - The Walk For Hunger Inc

East Boston, MA

PURPOSE: FY22 COMMONWEALTH

$10,649
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$8,100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$327,311
Earnings$21,971
Admin Expense$21,971
Ending Balance$327,311

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