Community Young Mens Christian Assoc Of Danvers Ma Inc
- Assets
- $7.1m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 170
- Location
- Danvers, MA
- Founding
- 04/1967
- Data as of
- 12/2022
- EIN
- 04-2308404
Organization Overview
Community Young Mens Christian Assoc Of Danvers Ma Inc, operating under the name Danvers Community Ymca, is located in Danvers, MA. The organization was established in 1967. 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 12/2022, Danvers Community YMCA employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danvers Community 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 12/2022, Danvers Community YMCA generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 4.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO LEARN, THRIVE, AND IMPROVE THEIR COMMUNITY. SEE PAGE 2 PART III.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING HEALTHY LIVING - TO IMPROVE THE NATION'S HEALTH AND WELL-BEING THE ORGANIZATION OFFERS ITS MEMBERS IN DIFFERENT STAGES OF LIFE THE OPPORTUNITY TO IMPROVE THEIR LEVELS OF PHYSICAL EMOTIONAL SOCIAL AND SPIRITUAL WELL BEING. THE ORGANIZATIONS APPROACH IS BASED ON CONCERN FOR THE WELLNESS OF THE TOTAL PERSON. YMCA PROGRAMS ENCOURAGE POSITIVE BEHAVIOUR IN THE AREAS OF INDIVIDUAL AND GROUP FITNESS CLASSES, DANCE PROGRAMS, SPORTS LEAGUES AND SPECIAL EVENTS TO HELP IMPROVE THE WELL BEING OF OUR COMMUNITY. THE ORGANIZATION PROVIDES ITS MEMBERS WITH MATERIALS AND PROGRAMS IMPROVING PHYSICAL FITNESS, NUTRITION, WEIGHT MANAGEMENT, STRESS MANAGEMENT, AND SUBSTANCE ABUSE AS WELL AS CONSTRUCTIVE RELATIONS WITH OTHERS.
YOUTH DEVELOPMENT AND STRENGTHENING THE MODERN FAMILY - TO NURTURE THE POTENTIAL OF EVERY CHILD AND TEEN THE ORGANIZATION PROVIDES PROGRAMS TO STRENGTHEN YOUTH DEVELOPMENT AND THE MODERN FAMILY. THESE PROGRAMS INCLUDE PRESCHOOL CHILDCARE, SCHOOL AGE CHILDCARE, AND A MIDDLE SCHOOL CENTER WHICH IN ADDITION TO CARE OFFER SPORTS PROGRAMS, TEEN PROGRAMS, HEALTH AND SAFETY PROGRAMS, AND SUMMER CAMPS TO NURTURE THE POTENTIAL OF EVERY CHILD AND TEEN. THE PROGRAMS FOCUS ON FAMILY ACTIVITIES, CHILD CARE, CHILD EDUCATION, AND ENCOURAGING CLOSE FAMILY TIES.
SOCIAL RESPONSIBILITY - GIVING BACK AND PROVIDING SUPPORT TO OUR NEIGHBORS. THE ORGANIZATION WORKS WITH THE SCHOOL SYSTEM AND LOCAL FOOD PANTRY. THE ORGANIZATION PROVIDES EQUAL OPPORTUNITIES TO ALL MEMBERS OF THE COMMUNITY REGARDLESS OF THEIR ABILITY TO PAY. THE ORGANIZATION STRIVES TO DEVELOP LEADERSHIP QUALITIES IN YOUTHS AND ADULTS BY PROVIDING PROGRAMS THAT OFFER YOUNG PEOPLE THE CHANCE TO LEARN LEADERSHIP SKILLS AND PRACTICE THEM IN YMCA PROGRAMS OR IN MODELS OF THE ADULT WORLD WHERE LEADERS GATHER AND MAKE DECISIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director - Clerk | OfficerTrustee | 3 | $0 |
Name Not Listed Director - President | OfficerTrustee | 6 | $0 |
Name Not Listed Director - Treasurer | OfficerTrustee | 6 | $0 |
Name Not Listed Director - President Elect | Trustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $832,213 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $832,213 |
| Total Program Service Revenue | $1,757,781 |
| Investment income | $179,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,288 |
| Net Income from Fundraising Events | $45,082 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$102 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,872,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $72,605 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,298,884 |
| Pension plan accruals and contributions | $88,012 |
| Other employee benefits | $59,242 |
| Payroll taxes | $96,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,846 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,686 |
| Office expenses | $7,955 |
| Information technology | $33,682 |
| Royalties | $0 |
| Occupancy | $209,538 |
| Travel | $9,288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,959 |
| Interest | $10,855 |
| Payments to affiliates | $45,803 |
| Depreciation, depletion, and amortization | $115,711 |
| Insurance | $84,437 |
| All other expenses | $117,487 |
| Total functional expenses | $2,412,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $760,273 |
| Savings and temporary cash investments | $194,502 |
| Pledges and grants receivable | $91,902 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $300 |
| Prepaid expenses and deferred charges | $11,275 |
| Net Land, buildings, and equipment | $1,493,725 |
| Investments—publicly traded securities | $4,048,607 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $485,236 |
| Total assets | $7,085,820 |
| Accounts payable and accrued expenses | $150,857 |
| Grants payable | $0 |
| Deferred revenue | $90,714 |
| 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 | $299,798 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,000 |
| Total liabilities | $543,369 |
| Net assets without donor restrictions | $5,160,745 |
| Net assets with donor restrictions | $1,381,706 |
| 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 | $7,085,820 |