Greater Providence Young Mens Christian Association is located in Providence, RI. 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 12/2021, Greater Providence Young Mens Christian Association employed 558 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Providence 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 12/2021, Greater Providence Young Mens Christian Association generated $15.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $15.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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
TO BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL, THROUGH PROGRAMS, SERVICES AND RELATIONSHIPS THAT ARE BASED UPON OUR CORE VALUES OF CARING, HONESTY, RESPECT, AND RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND PROGRAMS:THE YMCA OF GREATER PROVIDENCE IS COMMITTED TO IMPROVING THE HEALTH OF THE COMMUNITY. WE CURRENTLY HAVE OVER 34,000 MEMBERS. THE PRIMARY WAY WE SUPPORT INDIVIDUALS AND FAMILIES OF ALL AGES AND WALKS OF LIFE IS THROUGH OUR SEVEN CONVENIENTLY BASED WELLNESS CENTERS, WHERE EVERYONE IS WELCOME AND NO ONE IS TURNED AWAY DUE TO AN INABILITY TO PAY. INDIVIDUAL, GROUP, AND FAMILY PROGRAMS ARE OFFERED AT EACH OF THESE LOCATIONS TO PROVIDE A SUPPORTIVE SETTING AND COMMUNITY TO HELP INDIVIDUALS MEET THEIR PERSONAL HEALTH AND WELLNESS GOALS. COMPLEMENTING THESE BASIC SERVICES ARE A SUITE OF EVIDENCE-BASED HEALTH INTERVENTIONS THAT ARE DESIGNED TO MEET THE NEEDS OF INDIVIDUALS LIVING WITH CHRONIC HEALTH CONDITIONS, AS WELL AS TO HELP THOSE AT RISK OF SUCH CONDITIONS TO ONSET LATER IN LIFE. THESE INTERVENTIONS INCLUDE CHILD OBESITY, DIABETES PREVENTION, CANCER SURVIVORSHIP, AND FALL PREVENTION FOR OLDER ADULTS.
CHILDCARE AND CAMP:THE YMCA OF GREATER PROVIDENCE PARTNERS WITH SCHOOL DISTRICTS AND MANY COMMUNITY AGENCIES ACROSS RHODE ISLAND TO PROVIDE CHILDREN AND YOUTH WITH SAFE, SUPPORTIVE, EDUCATIONAL, AND ENRICHING PROGRAMS BEFORE AND AFTER SCHOOL THAT ARE FOCUSED ON DEVELOPING THE WHOLE CHILD. THROUGH ACADEMIC SUPPORTS, SUPPLEMENTAL PROGRAMS THAT PROVIDE FUN WAYS TO LEARN, AS WELL AS RECREATION, HEALTH AND WELLNESS PROGRAMMING, AND OUTSIDE COMMUNITY PARTNERSHIPS, THE Y'S OUT OF SCHOOL TIME PROGRAMS PROMOTE ACADEMIC ACHIEVEMENT, SCHOOL ATTENDANCE, SOCIAL AND EMOTIONAL COMPETENCE, HEALTHY HABITS, AND FAMILY ENGAGEMENT. MOST PROGRAMS ARE CONDUCTED IN LOCAL SCHOOLS WHERE WE PARTNER WITH THE SCHOOL DISTRICT AND SCHOOL PERSONNEL TO ENSURE THAT OUR PROGRAMS ARE ACADEMICALLY ALIGNED WITH SCHOOL STANDARDS AND CURRICULA SO THAT WE CAN HELP CLOSE THE ACHIEVEMENT GAP FOR OUR CHILDREN. NO CHILD IS TURNED AWAY DUE TO FINANCIAL REASONS.YMCA OF GREATER PROVIDENCE CAMPS PROVIDE AN ENRICHING AND EDUCATIONAL EXPERIENCE FOR CHILDREN OF ALL AGES AND WALKS OF LIFE. BE IT DISCOVERING THE OUTDOORS, LEARNING TO SAIL, PARTICIPATING IN SUMMER LEARNING PROGRAMS TO STAY ON TRACK ACADEMICALLY, OR SIMPLY DEVELOPING NEW FRIENDSHIPS, SKILLS, AND CONFIDENCE, YMCA CAMPS PROVIDE AN ARRAY OF SUMMER OPPORTUNITIES FOR CHILDREN ACROSS OUR SERVICE AREA. OUR DAY CAMPS OFFER OPPORTUNITIES FOR SPORTS, RECREATION, ARTS, AND SOCIALIZING. OUR RESIDENT CAMP, CAMP FULLER, HELPS YOUTH AND YOUNG ADULTS DEVELOP CONFIDENCE AND COMPETENCE IN A VARIETY OF OUTDOOR ACTIVITIES RANGING FROM SAILING TO MOUNTAIN BIKING TO ENVIRONMENTAL SCIENCE. OUR SUMMER LEARNING PROGRAMS OFFER EDUCATION, ENRICHMENT, FIELD TRIPS, AND FUN TO HELP STUDENTS AT RISK KEEP UP IN SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven O'donnell CEO | Officer | 40 | $276,994 |
Kobi Dennis COO | Officer | 40 | $89,082 |
Steven Dellaposta Chair | OfficerTrustee | 2 | $0 |
David Burnett Treasurer | OfficerTrustee | 2 | $0 |
Daniel Da Ponte Vice Chair | OfficerTrustee | 2 | $0 |
Jeff Barton Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Peregrine Property Management Property Management | 12/30/21 | $440,593 |
Wed Gw Solar Net Metering Services | 12/30/21 | $235,907 |
Kronos Inc Payroll Services | 12/30/21 | $162,109 |
Jan Pro Cleaning Cleaning And Janitorial | 12/30/21 | $158,201 |
Citrin Cooperman Financial Services | 12/30/21 | $123,750 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,206,347 |
All other contributions, gifts, grants, and similar amounts not included above | $2,389,969 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,596,316 |
Total Program Service Revenue | $8,856,208 |
Investment income | $232,817 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $134,212 |
Net Gain/Loss on Asset Sales | $517,105 |
Net Income from Fundraising Events | $312,338 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $353 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,855,613 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $507,612 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $408,284 |
Compensation of current officers, directors, key employees. | $96,321 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,778,458 |
Pension plan accruals and contributions | $280,126 |
Other employee benefits | $542,222 |
Payroll taxes | $467,825 |
Fees for services: Management | $0 |
Fees for services: Legal | $57,096 |
Fees for services: Accounting | $40,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $55,957 |
Fees for services: Other | $85,610 |
Advertising and promotion | $30,456 |
Office expenses | $896,092 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,416,303 |
Travel | $107,715 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,353 |
Interest | $201,801 |
Payments to affiliates | $235,818 |
Depreciation, depletion, and amortization | $1,631,153 |
Insurance | $521,745 |
All other expenses | $0 |
Total functional expenses | $15,807,911 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $557,995 |
Savings and temporary cash investments | $1,195,352 |
Pledges and grants receivable | $98,025 |
Accounts receivable, net | $2,381,856 |
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 | $315,252 |
Net Land, buildings, and equipment | $20,471,125 |
Investments—publicly traded securities | $6,058,677 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,574,587 |
Total assets | $33,652,869 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $1,470,762 |
Tax-exempt bond liabilities | $4,257,406 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,996,120 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,577,000 |
Total liabilities | $10,301,288 |
Net assets without donor restrictions | $19,098,252 |
Net assets with donor restrictions | $4,253,329 |
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 | $33,652,869 |
Over the last fiscal year, we have identified 11 grants that Greater Providence Young Mens Christian Association has recieved totaling $325,974.
Awarding Organization | Amount |
---|---|
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $111,596 |
The Rhode Island Community Foundation Providence, RI PURPOSE: ROCK STEADY BOXING AT THE SCYMCA; SUMMER PROGRAMMING FOR LOW INCOME CHILDREN; THE COMMUNITY CANOPY AT SPRAGUE MANSION; GENERAL SUPPORT; GENERAL OPERATING; PROGRAM SUPPORT; Y FOOD DELIVERY PROGRAM; COVID RELIEF FOR UNEMPLOYMENT AND PROGRAM DELIVERY EXPENSES; Y HEROES CELEBRATION; EAST SIDE/PROVIDENCE - YMCA; COMMUNITY ACCESS | $102,067 |
Cvs Health Charity Classic Inc Woonsocket, RI PURPOSE: GENERAL | $35,000 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $24,000 |
Laborers-Employers Cooperation And Education Trust Washington, DC PURPOSE: CONTRIBUTION TO PROGRAM | $10,000 |
Ocean State Job Lot Charitable Foundation North Kingstown, RI PURPOSE: PROGRAM OPERATION | $10,000 |
Beg. Balance | $7,203,293 |
Earnings | $145,198 |
Other Expense | $1,534,441 |
Ending Balance | $5,814,050 |