South Shore Young Mens Christian Association
- Assets
- $86.1m
- Revenue
- $36.2m
- Investments
- $0.0
- Employees
- 1,262
- Location
- Quincy, MA
- Founding
- 04/1934
- Data as of
- 12/2023
- EIN
- 04-2105881
Organization Overview
South Shore Young Mens Christian Association is located in Quincy, MA. The organization was established in 1934. 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 12/2023, South Shore Young Mens Christian Association employed 1,262 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Shore Young Mens Christian Association 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 12/2023, South Shore Young Mens Christian Association generated $36.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $34.7m during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 9 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
TO PROMOTE A HEALTHY SPIRIT, MIND AND BODY FOR ALL WITH PROGRAMS FOR YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT - OVER 40% OF THOSE SERVED ARE CHILDREN AND TEENS. THROUGH OUR CHILD CARE, AFTER SCHOOL AND CAMPING PROGRAMS, WE PROVIDE SAFE, ENGAGING ENVIRONMENTS WHERE CHILDREN LEARN, GROW AND THRIVE WHILE PARENTS ARE AWAY FROM HOME WORKING. IN OUR LEADERSHIP DEVELOPMENT PROGRAMS, SUCH AS YOUTH AND GOVERNMENT AND LEADERS CLUBS, WE ARE ABLE TO INCORPORATE OUR YMCA CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY TO HELP GUIDE THE YOUTH OF TODAY BECOME THE STEWARDS OF TOMORROW. THROUGH OUR AQUATICS, SPORTS & RECREATION AND HEALTH AND WELL-BEING CLASSES, WE ARE PROVIDING IMPORTANT HEALTHY ACTIVITIES TO HELP ADDRESS THE NATION'S CHILDHOOD OBESITY CRISIS.
HEALTHY LIVING - WITH A COMMITMENT TO ACCESSIBILITY FOR PEOPLE OF ALL AGES, ABILITIES, BACKGROUNDS AND INCOMES, WE SERVE OVER 60,000 MEMBERS AND PROGRAM PARTICIPANTS WITH SERVICES AND PROGRAMS THAT BUILD HEALTH OF SPIRIT, MIND AND BODY FOR ALL. AS THE NATION'S HEALTH CRISIS GROWS, ACCESS TO PROGRAMS THAT IMPROVE HEALTH AND WELL-BEING IS ESSENTIAL TO CREATING HEALTHY COMMUNITIES. THROUGH PROGRAMS SUCH AS OUR PARTNERSHIP PROGRAM WHERE VOLUNTEERS PARTNER WITH INDIVIDUALS WITH DISABILITIES, FAMILY WORKOUT WHERE CHILDREN AGES 7 AND UP EXERCISE ALONG SIDE THEIR PARENTS, OR THROUGH OUR TRANSITION PROGRAMS SUCH AS ARTHRITIS AQUATICS, CARDIAC CARE OR DIABETES PREVENTION WE CREATE SAFE, SUPPORTIVE, CARING ENVIRONMENTS WHERE HEALTHY LIVING IS ATTAINABLE.
SOCIAL RESPONSIBILITY - AS A CAUSE-DRIVEN ORGANIZATION OUR PURPOSE IS STRENGTHENING OUR COMMUNITIES. THROUGH THE DEVELOPMENT OF PARTNERSHIPS AND COLLABORATIONS WITH OTHER COMMUNITY ORGANIZATIONS WE WORK TO IDENTIFY AND RESPOND TO COMMUNITY NEEDS. AT THE GERMANTOWN NEIGHBORHOOD CENTER PROGRAMS SUCH AS THE WOMEN'S DOMESTIC ADVOCACY NETWORK, FAMILY EMERGENCY FUND AND FOOD PANTRY, WHICH IS CURRENTLY SERVING OVER 1,400 INDIVIDUALS MONTHLY, PROVIDE ESSENTIAL SERVICES, PROGRAMS AND NECESSITIES TO BREAK THE CYCLE OF GENERATIONAL POVERTY AND ABUSE. THROUGH OUR VOLUNTEER PROGRAM, WE ENGAGE OVER 700 VOLUNTEERS TO PROVIDE ASSISTANCE WITH GOVERNANCE ON OUR BOARDS, COMMITTEES, PROGRAMS AND SERVICES. ADDITIONALLY, OUR ANNUAL SUPPORT CAMPAIGN HAS OVER 750 FUNDRAISING VOLUNTEERS WHO HELP TO RAISE OVER $1.2 MILLION DOLLARS FOR SCHOLARSHIPS AND FINANCIAL ASSISTANCE. THESE FUNDS HELP TO BREAK DOWN BARRIERS AS WE STRIVE TO ENSURE THAT NO CHILD, TEEN, ADULT OR SENIOR IS EXCLUDED FROM PARTICIPATING IN OUR PROGRAMS OR SERVICES REGARDLESS OF ABILITY TO PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Clerk | OfficerTrustee | 1.5 | $0 |
Name Not Listed Chair | OfficerTrustee | 1.5 | $0 |
Name Not Listed 1st Vice Chair And Treasurer | OfficerTrustee | 1.5 | $0 |
Name Not Listed Director | Trustee | 1.5 | $0 |
Name Not Listed Director | Trustee | 1.5 | $0 |
Name Not Listed Director | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrated Builders Inc Construction | 12/30/23 | $4,537,975 |
Acella Construction Corp Construction | 12/30/23 | $546,073 |
Me O'brien & Sons Inc Equipment And Installation | 12/30/23 | $581,852 |
City Wide Facility Solutions Boston Cleaning Services | 12/30/23 | $512,454 |
Total System Services Llc Merchant Service Provider | 12/30/23 | $361,229 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $478,192 |
| Related organizations | $0 |
| Government grants | $1,528,324 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,985,130 |
| Noncash contributions included in lines 1a–1f | $1,034,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,991,646 |
| Total Program Service Revenue | $30,088,836 |
| Investment income | $519,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $283,374 |
| Net Income from Fundraising Events | -$32,688 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $87,107 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,225,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,833,803 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,222,233 |
| Compensation of current officers, directors, key employees. | $270,184 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,941,610 |
| Pension plan accruals and contributions | $564,775 |
| Other employee benefits | $1,015,064 |
| Payroll taxes | $1,153,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,743 |
| Fees for services: Accounting | $60,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,520 |
| Fees for services: Other | $901,059 |
| Advertising and promotion | $94,847 |
| Office expenses | $2,873,860 |
| Information technology | $346,202 |
| Royalties | $0 |
| Occupancy | $3,376,925 |
| Travel | $187,906 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,399 |
| Interest | $1,112,362 |
| Payments to affiliates | $390,638 |
| Depreciation, depletion, and amortization | $4,159,113 |
| Insurance | $985,450 |
| All other expenses | $18,093 |
| Total functional expenses | $34,705,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,955,228 |
| Savings and temporary cash investments | $97,441 |
| Pledges and grants receivable | $763,042 |
| Accounts receivable, net | $318,883 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,810 |
| Prepaid expenses and deferred charges | $472,451 |
| Net Land, buildings, and equipment | $60,299,010 |
| Investments—publicly traded securities | $14,636,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $499,537 |
| Total assets | $86,088,455 |
| Accounts payable and accrued expenses | $1,919,946 |
| Grants payable | $0 |
| Deferred revenue | $2,212,113 |
| Tax-exempt bond liabilities | $28,910,119 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $947,952 |
| Total liabilities | $33,990,130 |
| Net assets without donor restrictions | $48,452,584 |
| Net assets with donor restrictions | $3,645,741 |
| 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 | $86,088,455 |