Ymca Of The North Shore Inc is located in Beverly, MA. The organization was established in 1942. 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, YMCA Of The North Shore Inc employed 1,674 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA Of The North Shore Inc 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, YMCA Of The North Shore Inc generated $52.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $46.7m during the year ending 12/2021. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR YMCA WELCOMES ALL. WE STRENGTHEN COMMUNITIES, EDUCATE AND NURTURE CHILDREN, AND PROMOTE HEALTHY LIVING IN SPIRIT, MIND AND BODY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT - AT THE Y, WE BELIEVE THAT ALL KIDS HAVE AMAZING POTENTIAL. VALUES AND SKILLS LEARNED EARLY ARE VITAL BUILDING BLOCKS FOR LIFE. YOUNG PEOPLE DESERVE AN OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. FROM THE YOUNGEST IN OUR CHILD CARE PROGRAMS TO THE TEENS IN OUR LEADERSHIP DEVELOPMENT INITIATIVES, THE Y GIVES KIDS AND TEENS A SAFE PLACE TO BELONG, BUILDING CONFIDENCE AND LEARNING POSITIVE BEHAVIORS GROUNDED IN OUR CORE VALUES OF CARING, HONESTY, RESPECT, AND RESPONSIBILITY. CHILDCARE - AS THE REGION'S LARGEST PROVIDER OF HIGH-QUALITY AFFORDABLE CHILDCARE, WE SUPPORT THE HEALTHY DEVELOPMENT OF APPROXIMATELY 1,700 CHILDREN EACH DAY. AT OUR 40+ CHILDCARE CENTERS, WE FOCUS ON NURTURING CHILDREN BY PROVIDING A SAFE AND HEALTHY PLACE TO LEARN FOUNDATIONAL SKILLS; DEVELOP HEALTHY, TRUSTING RELATIONSHIPS; AND BUILD SELF-RELIANCE THROUGH THE Y VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. OUR FULL-DAY AND PARTIAL-DAY CHILDCARE PROGRAMS FOR INFANTS THROUGH MIDDLE SCHOOL CHILDREN ENABLE PARENTS AND GUARDIANS TO GO TO WORK KNOWING THEIR CHILDREN ARE IN A SAFE, LEARNING ENVIRONMENT. THE YMCA PROVIDED MORE THAN $1,240,000 IN FINANCIAL ASSISTANCE AND MORE THAN ONE IN THREE CHILDREN RECEIVED SUBSIDIZED CHILDCARE. CAMP - OUR Y PROVIDES DAY CAMP EXPERIENCES THAT FILL EACH SUMMER DAY WITH FRIENDSHIPS AND MEMORIES THAT LAST A LIFETIME. APPROXIMATELY 4,000 CHILDREN ENJOYED CAMP ADVENTURES, AND THE YMCA PROVIDED APPROXIMATELY $690,000 IN FINANCIAL ASSISTANCE TO ONE IN FOUR CHILDREN ATTENDING CAMP. APPROXIMATELY $650,000 OF CAMP WAS PROVIDED AT NO COST TO THE MORE THAN 290 CHILDREN THAT PARTICIPATED IN OUR SUMMER LEARNING LOSS PREVENTION PROGRAM. YOUTH SERVICES - OUR Y PROGRAM INCLUDING OUR TEEN CENTERS, YOUTH SPORTS, COMPETITIVE SWIMMING AND GYMNASTICS, ADVENTURE, AND THEATER PROGRAMMING OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. THE Y SERVED MORE THAN 6,000 CHILDREN IN OUR YOUTH PROGRAMS. APPROXIMATELY $200,000 OF FINANCIAL ASSISTANCE PROVIDED MADE PARTICIPATION POSSIBLE FOR MORE THAN ONE IN FOUR OF THE YOUNG PEOPLE WE ENGAGE.
HEALTHY LIVING - AT THE Y, WE BELIEVE THAT BEING HEALTHY MEANS MORE THAN SIMPLY BEING PHYSICALLY ACTIVE. IT IS ABOUT MAINTAINING A BALANCED SPIRIT, MIND AND BODY. THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING ISSUES, A LEADER IN FIGHTING CHRONIC DISEASE, AND COMMITTED TO EMPOWERING PEOPLE TO LEAD FULLER LIVES. WE BRING FAMILIES CLOSER TOGETHER, PROMOTE HEALTHY LIVING, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, MILLIONS OF YOUTH, ADULTS AND FAMILIES RECEIVE THE SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO BECOME AND STAY HEALTHY. MEMBERSHIP AND FITNESS - THE YMCA SERVED OVER 39,000 MEMBERS FROM IN AND AROUND THE NORTH SHORE REGION OF MASSACHUSETTS. THE ORGANIZATION'S FULL-SERVICE FACILITY IN PLAISTOW, NEW HAMPSHIRE SERVED MORE THAN 2,000 MEMBERS. THE YMCA PROVIDED MORE THAN $1,400,000 IN FINANCIAL ASSISTANCE TO THOSE CHILDREN, ADULTS AND FAMILIES WHO WERE UNABLE TO PAY FOR MEMBERSHIP. MORE THAN $170,000 OF MEMBERSHIPS WERE PROVIDED AT NO COST TO THE APPROXIMATELY 1,000 INDIVIDUALS THAT PARTICIPATED IN OUR CORNER STONE PROGRAM SUPPORTING CANCER SURVIVORS AND THEIR FAMILIES. AQUATICS - OUR Y IS A LEADING VOICE IN COMMUNITY WATER SAFETY. WE TEACH YOUNG CHILDREN TO SWIM, CERTIFY LIFEGUARDS TO PROTECT OUR REGION'S BEACHES, AND PROVIDE HEALTH AND WELLNESS PROGRAMS TO ENSURE ADULT WELL-BEING. APPROXIMATELY 1,100 CHILDREN PARTICIPATED IN OUR SWIM LESSONS.
SOCIAL RESPONSIBILITY - SOCIAL RESPONSIBILITY - AT THE Y, WE BELIEVE THAT WHEN WE WORK TOGETHER, WE MOVE INDIVIDUALS, FAMILIES AND COMMUNITIES FORWARD. SINCE 1858, OUR Y HAS RESPONDED TO SOCIETY'S MOST PRESSING NEEDS BY DEVELOPING INNOVATIVE, COMMUNITY-BASED SOLUTIONS AND UNITING PEOPLE FROM ALL WALKS OF LIFE TO PARTICIPATE IN AND WORK FOR POSITIVE SOCIAL CHANGE. WHETHER ADVOCATING FOR HEALTHY FOOD OPTIONS FOR UNDERSERVED COMMUNITIES, OR GIVING PEOPLE AN AFFORDABLE PLACE TO LIVE, THE Y IS COMMITTED TO EMPOWERING PEOPLE WITH THE RESOURCES AND SUPPORT NEEDED TO LIVE HEALTHY, CONNECTED AND SECURE LIVES. RESIDENCE - OUR Y PROVIDES AFFORDABLE HOUSING FACILITIES IN BEVERLY, IPSWICH, CAPE ANN, AND HAVERHILL. APPROXIMATELY 500 CHILDREN AND ADULTS ARE PROVIDED A SAFE, AFFORDABLE AND CLEAN SPACE TO CALL HOME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Overlook Cabot Llc Building Rental | 12/30/20 | $127,143 |
Mahi Mahi Cruises And Charters Llc Transportation | 12/30/20 | $107,800 |
Cummings Properties Building Lease | 12/30/20 | $136,466 |
See Part Vii 1a(49) Real Estate Consulting And Advising | 12/30/20 | $0 |
Cummings Properties Building Lease | 12/30/20 | $136,466 |
Overlook Cabot Llc Building Rental | 12/30/20 | $127,143 |
Statement of Revenue | |
---|---|
Federated campaigns | $405,358 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $19,030,363 |
All other contributions, gifts, grants, and similar amounts not included above | $4,308,290 |
Noncash contributions included in lines 1a–1f | $398,402 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,744,011 |
Total Program Service Revenue | $27,136,647 |
Investment income | $385,330 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$33,416 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $423,690 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $52,904,408 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,542,438 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,225,272 |
Compensation of current officers, directors, key employees. | $64,582 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,457,323 |
Pension plan accruals and contributions | $944,119 |
Other employee benefits | $1,903,650 |
Payroll taxes | $1,851,290 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,806 |
Fees for services: Accounting | $56,456 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,199,489 |
Advertising and promotion | $164,668 |
Office expenses | $450,241 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,584,229 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $49,997 |
Interest | $920,270 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,043,988 |
Insurance | $771,242 |
All other expenses | $1,372,723 |
Total functional expenses | $46,680,538 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,098,564 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,658,703 |
Accounts receivable, net | $1,215,047 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $15,433,075 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $602,638 |
Net Land, buildings, and equipment | $55,667,867 |
Investments—publicly traded securities | $18,140,712 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,107,987 |
Total assets | $119,924,593 |
Accounts payable and accrued expenses | $3,575,032 |
Grants payable | $0 |
Deferred revenue | $882,485 |
Tax-exempt bond liabilities | $28,955,979 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $7,805,907 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $122,938 |
Total liabilities | $41,342,341 |
Net assets without donor restrictions | $69,040,311 |
Net assets with donor restrictions | $9,541,941 |
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 | $119,924,593 |
Over the last fiscal year, we have identified 3 grants that Ymca Of The North Shore Inc has recieved totaling $1,592,500.
Awarding Organization | Amount |
---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $800,000 |
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $500,000 |
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $292,500 |
Beg. Balance | $11,454,908 |
Earnings | $1,810,110 |
Admin Expense | $23,881 |
Net Contributions | $1,021,178 |
Other Expense | $363,500 |
Ending Balance | $13,898,815 |
Organization Name | Assets | Revenue |
---|---|---|
Young Mens Christian Association Of Greater Boston Inc Boston, MA | $163,836,403 | $83,104,990 |
Old Colony Young Mens Christian Association Inc Brockton, MA | $72,692,185 | $78,392,340 |
Ymca Of The North Shore Inc Beverly, MA | $119,924,593 | $52,904,408 |
Samuel Field Ym & Ywha Inc Little Neck, NY | $48,425,712 | $46,930,535 |
Ymca Of Greater Rochester Rochester, NY | $121,370,415 | $45,892,943 |
Young Mens Christian Association Of Long Island Inc Glen Cove, NY | $75,238,727 | $32,469,405 |
Young Mens Christian Association Of The Capital District Albany, NY | $57,049,095 | $29,813,133 |
South Shore Young Mens Christian Association Quincy, MA | $85,192,389 | $30,794,520 |
Young Mens Christian Association Of Metropolitan Hartford Inc Hartford, CT | $164,737,357 | $30,671,790 |
Central Connecticut Coast Young Mens Christian Association Inc New Haven, CT | $48,852,527 | $30,738,115 |
The Granite Ymca Manchester, NH | $42,208,261 | $24,707,664 |
Young Mens Christian Association Of Worcester Worcester, MA | $59,055,753 | $25,227,753 |