Metrowest Ymca is located in Framingham, MA. The organization was established in 1965. 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, Metrowest YMCA employed 690 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metrowest YMCA 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, Metrowest YMCA generated $19.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $14.8m during the year ending 12/2023. While expenses have increased by 3.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE METROWEST YMCA IS DEDICATED TO THE DEVELOPMENT OF ALL PEOPLE REGARDLESS OF AGE, GENDER, RACE, RELIGION, INCOME OR ABILITY. OUR PROGRAMS, SERVICES AND FACILITIES ARE DESIGNED TO ENHANCE THE SPIRITUAL, MENTAL, PHYSICAL AND SOCIAL QUALITY OF LIFE FOR OUR FAMILIES, OUR COMMUNITIES AND OURSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENTOUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS HAVE GREAT POTENTIAL AND DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPSTHAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS AQUATICS, ENRICHMENT CLASSES, DANCE, SPORTS, GYMNASTICS, NATIONALLY ACCREDITED EARLY EDUCATION, AFTER SCHOOL AND SUMMER DAY CAMP, OFFER A RANGE OF EXPERIENCES THAT ENRICH SOCIAL-EMOTIONAL, COGNITIVE AND PHYSICAL GROWTH. IN 2023, WE PROVIDED$606,435 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE.
HEALTHY LIVINGTHE YMCA IS COMMITTED TO IMPROVING AMERICA'S HEALTH AND WELL-BEING, COMMUNITY BY COMMUNITY. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, OVER 20,000 PEOPLE IN OUR COMMUNITY ARERECEIVING THE SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH CHRONIC DISEASE AND OBESITY, FAMILIES WRESTLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS. IN 2023, WE PROVIDED $221,654 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE.
SOCIAL RESPONSIBILITYOUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVEBEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIALNEEDS FOR MORE THAN 55 YEARS. SINCE 1998 THE Y HAS BEEN OPERATING AN ADVENTURE-BASED PROGRAM FOR TEENS THAT HAVE DIFFICULTY MAKING HEALTHY CHOICES AND NAVIGATING THEIR LIVES SUCCESSFULLY AT LITTLE OR NO COST TO THE PARTICIPANT. THE Y ALSO INVESTS SIGNIFICANT TIME AND RESOURCES TODEVELOP COMMUNITY PARTNERSHIPS AND PROGRAMS THAT HELP TO PREVENT ANDMANAGE CHRONIC DISEASES LIKE CANCER, DIABETES, PARKINSON'S ANDCARDIOPULMONARY DISORDERS FOR MANY OF THE MOST FRAGILE PEOPLE LIVING INOUR COMMUNITY. WE PROVIDE TRAINING, RESOURCES AND SUPPORT THAT EMPOWEROUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. IN2023 WE ENGAGED OVER 100 YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS INACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTUREGENERATIONS TO THRIVE. IN 2023, WE PROVIDED $4,087 IN FINANCIALASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TOPARTICIPATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Romano Treasurer | OfficerTrustee | 3 | $0 |
John Galvani Chair | OfficerTrustee | 3 | $0 |
Patricia Duarte Vice Chair | OfficerTrustee | 3 | $0 |
Penny Lewandowski Board Member | Trustee | 1 | $0 |
Regina Marshall Board Member | Trustee | 1 | $0 |
Scott Wadland Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sysco Boston Llc Food Products | 12/30/23 | $154,617 |
Adi Contractinginc Cleaning And Construction | 12/30/23 | $563,230 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $85,305 |
Related organizations | $0 |
Government grants | $5,022,417 |
All other contributions, gifts, grants, and similar amounts not included above | $3,368,412 |
Noncash contributions included in lines 1a–1f | $50,460 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,476,134 |
Total Program Service Revenue | $10,318,305 |
Investment income | $412,183 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $51,961 |
Net Income from Fundraising Events | -$1,500 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $19,424,064 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $832,176 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $766,751 |
Compensation of current officers, directors, key employees. | $524,568 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,969,636 |
Pension plan accruals and contributions | $319,298 |
Other employee benefits | $461,063 |
Payroll taxes | $666,596 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,870 |
Fees for services: Accounting | $57,830 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $24,010 |
Fees for services: Other | $685,817 |
Advertising and promotion | $0 |
Office expenses | $1,005,809 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $765,122 |
Travel | $137,915 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $82,267 |
Interest | $485,048 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $932,984 |
Insurance | $273,180 |
All other expenses | $0 |
Total functional expenses | $14,761,554 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,372,595 |
Savings and temporary cash investments | $4,385,431 |
Pledges and grants receivable | $657,086 |
Accounts receivable, net | $86,174 |
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 | $97,487 |
Net Land, buildings, and equipment | $19,745,474 |
Investments—publicly traded securities | $4,164,769 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $324,825 |
Total assets | $32,833,841 |
Accounts payable and accrued expenses | $590,994 |
Grants payable | $0 |
Deferred revenue | $697,817 |
Tax-exempt bond liabilities | $8,123,108 |
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 | $0 |
Total liabilities | $9,411,919 |
Net assets without donor restrictions | $20,231,823 |
Net assets with donor restrictions | $3,190,099 |
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 | $32,833,841 |