Young Mens Christian Association Of Worcester is located in Worcester, 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 09/2021, Young Mens Christian Association Of Worcester employed 752 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Worcester 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, Young Mens Christian Association Of Worcester generated $25.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $21.8m during the year ending 09/2021. While expenses have increased by 3.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE YMCA OF CENTRAL MASSACHUSETTS STRENGTHENS THE FOUNDATIONS OF COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING - IMPROVING THE NATION'S HEALTH AND WELL BEING
YOUTH DEVELOPMENT - NURTURING THE POTENTIAL OF EVERY CHILD
TEEN LEADERSHIP & SOCIAL RESPONSIBILITY - GIVING BACK AND PROVIDING SUPPORT TO OUR NEIGHBORS THROUGH A VARIETY OF TEEN AND COMMUNITY-BASED INITIATIVES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Adi Services Property Maintenance And Cleaning | 9/29/17 | $210,961 |
Curtis Septic System Septic Systems | 9/29/17 | $106,255 |
Statement of Revenue | |
---|---|
Federated campaigns | $777,025 |
Membership dues | $0 |
Fundraising events | $127,961 |
Related organizations | $0 |
Government grants | $14,754,367 |
All other contributions, gifts, grants, and similar amounts not included above | $1,100,427 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,759,780 |
Total Program Service Revenue | $6,888,449 |
Investment income | $495,705 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $333,378 |
Net Gain/Loss on Asset Sales | $745,142 |
Net Income from Fundraising Events | -$2,445 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $7,744 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,227,753 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $704,861 |
Compensation of current officers, directors, key employees. | $366,690 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,035,954 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,538,615 |
Payroll taxes | $757,235 |
Fees for services: Management | $0 |
Fees for services: Legal | $37,339 |
Fees for services: Accounting | $61,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $33,967 |
Fees for services: Other | $1,876,594 |
Advertising and promotion | $93,409 |
Office expenses | $51,164 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,581,306 |
Travel | $242,373 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $574,484 |
Payments to affiliates | $243,457 |
Depreciation, depletion, and amortization | $2,214,094 |
Insurance | $517,146 |
All other expenses | $0 |
Total functional expenses | $21,758,561 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,440,259 |
Savings and temporary cash investments | $686,089 |
Pledges and grants receivable | $1,090,641 |
Accounts receivable, net | $1,090,489 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $49,230 |
Net Land, buildings, and equipment | $36,892,114 |
Investments—publicly traded securities | $13,806,931 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $59,055,753 |
Accounts payable and accrued expenses | $2,002,407 |
Grants payable | $0 |
Deferred revenue | $604,299 |
Tax-exempt bond liabilities | $14,535,173 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,889,686 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $20,031,565 |
Net assets without donor restrictions | $33,481,999 |
Net assets with donor restrictions | $5,542,189 |
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 | $59,055,753 |
Over the last fiscal year, we have identified 6 grants that Young Mens Christian Association Of Worcester has recieved totaling $139,704.
Awarding Organization | Amount |
---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $71,029 |
United Way Of North Central Mass Inc Fitchburg, MA PURPOSE: PROGRAM SUPPORT | $29,250 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $21,750 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: MINORITY ACHIEVER'S PROGRAM | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,525 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $150 |
Beg. Balance | $12,570,825 |
Earnings | $2,725,824 |
Net Contributions | $342,042 |
Other Expense | $2,245,054 |
Ending Balance | $13,393,637 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Young Mens Christian Association Of Metro North Inc Peabody, MA | $61,375,370 | $28,077,640 |
Hockomock Young Mens Christian Association Inc North Attleboro, MA | $27,249,839 | $22,587,888 |