Ywca Central Massachusetts Inc
- Assets
- $23.0m
- Revenue
- $9.3m
- Investments
- $35.0k
- Employees
- 260
- Location
- Worcester, MA
- Founding
- 07/1942
- Data as of
- 09/2021
- EIN
- 04-2105873
Organization Overview
Ywca Central Massachusetts Inc is located in Worcester, 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 09/2021, YWCA Central Massachusetts Inc employed 260 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YWCA Central Massachusetts 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 09/2021, YWCA Central Massachusetts Inc generated $9.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $8.6m during the year ending 09/2021. While expenses have increased by 5.0% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WOMEN'S GROWTH AND LEADERSHIP
Describe the Organization's Program Activity:
WELLNESS AND HEALTH EQUITY: PROVISION OF RECREATION AND HEALTH PROGRAMS FOR FAMILIES IN THE CENTRAL MASSACHUSETTS AREA
CHILDCARE: PROVISION OF QUALITY CHILD CARE SERVICES AT FIVE LOCATIONS FOR CHILDREN AGES 1 MONTH THROUGH 14 YEARS
DOMESTIC VIOLENCE SERVICES: PROVIDE SHELTER AND COUNSELING SERVICES TO DOMESTIC VIOLENCE VICTIMS IN NEED IN CENTRAL MASSACHUSETTS AND NORTH CENTRAL MASSACHUSETTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Cavaioli Executive Director | Officer | 30 | $101,815 |
Roberta Brien Board President | OfficerTrustee | 1 | $0 |
Christienne Bik Board President Elect | OfficerTrustee | 1 | $0 |
Kristin M Sawash Board Treasurer | OfficerTrustee | 1 | $0 |
Kristen Desousa Board Assistant Treasurer | OfficerTrustee | 1 | $0 |
Alexizendria Link Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fennick Mccredie Architecture Architect Fees | 9/29/19 | $551,193 |
Pinck & Co Owner's Project Manager Consulting | 9/29/19 | $138,823 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $209,640 |
| Membership dues | $6,259 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,215,558 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,431,457 |
| Total Program Service Revenue | $6,485,229 |
| Investment income | $216,891 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$43,019 |
| Net Income from Fundraising Events | $17,852 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,114 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,331,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $202,550 |
| Compensation of current officers, directors, key employees. | $155,975 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,488,933 |
| Pension plan accruals and contributions | $136,891 |
| Other employee benefits | $458,762 |
| Payroll taxes | $356,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,031 |
| Fees for services: Accounting | $40,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,098 |
| Fees for services: Other | $77,075 |
| Advertising and promotion | $4,379 |
| Office expenses | $117,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $591,138 |
| Travel | $5,953 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,462 |
| Interest | $52,405 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,169 |
| Insurance | $0 |
| All other expenses | $98,546 |
| Total functional expenses | $8,639,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,111 |
| Savings and temporary cash investments | $1,004,313 |
| Pledges and grants receivable | $570,586 |
| Accounts receivable, net | $824,008 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,620,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,074 |
| Net Land, buildings, and equipment | $1,886,712 |
| Investments—publicly traded securities | $2,019,342 |
| Investments—other securities | $35,013 |
| Investments—program-related | $12,598 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,980,157 |
| Accounts payable and accrued expenses | $338,605 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,556,910 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,888 |
| Total liabilities | $9,906,403 |
| Net assets without donor restrictions | $11,291,550 |
| Net assets with donor restrictions | $1,782,204 |
| 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 | $22,980,157 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ywca Central Massachusetts Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Hometown Bank Community Foundation Inc Oxford, MA PURPOSE: EXEMPT PURPOSE | $5,000 |
Endowment Analysis
| Beg. Balance | $2,318,555 |
| Earnings | $94,721 |
| Net Contributions | $1,809,631 |
| Other Expense | $2,440,703 |
| Ending Balance | $1,782,204 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Buffalo Niagara Buffalo, NY | $63,156,525 | $20,586,121 |
Young Mens Christian Association Of Central New York Inc Syracuse, NY | $52,040,864 | $20,998,037 |
Greater Providence Young Mens Christian Association Providence, RI | $33,652,869 | $15,855,613 |
Meriden-New Britain-Berlin Young Mens Christian Association Inc Meriden, CT | $19,846,503 | $18,721,354 |
Young Mens Christian Association Of Greater Nashua Nashua, NH | $26,864,143 | $15,906,004 |
Frost Valley Ymca Claryville, NY | $34,906,539 | $11,884,684 |
Young Mens Christian Association Southcoast Incorporated New Bedford, MA | $33,897,878 | $16,569,105 |
Young Mens Christian Association Of Pawt Ri Pawtucket, RI | $34,219,905 | $10,618,011 |
Young Mens Christian Association Saratoga County Saratoga Springs, NY | $33,124,111 | $15,587,422 |
Metrowest Ymca Framingham, MA | $28,140,944 | $12,322,249 |
Cape Cod Young Mens Christian Association Inc Hyannis, MA | $9,249,162 | $11,698,061 |
Young Mens Christian Association Of Rye N Y Rye, NY | $15,041,531 | $9,376,440 |