Valley Shore Ymca is located in Westbrook, CT. The organization was established in 1945. 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, Valley Shore YMCA employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Shore 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, Valley Shore YMCA generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 8 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
VALLEY SHORE YMCA MISSION IS TO DEVELOP AND ENCOURAGE THE GROWTH OF ALL INDIVIDUALS IN SPIRIT, MIND AND BODY IN AN ATMOSPHERE OF MUTUAL RESPECT. AREAS OF FOCUS ARE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING - THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, OVER 5000 PEOPLE IN OUR COMMUNITY MAY RECEIVE 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 AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT AND SOCIALIZATION. WE TYPICALLY PROVIDE A VARIETY OF CLASSES, SPORTS LEAGUES, INSTRUCTION, WEIGHT LOSS PROGRAMS AND WELLNESS ACTIVITIES, INCLUDING SWIMMING, TO ENSURE MEMBERS CAN MAINTAIN AN EFFECTIVE LIFESTYLE. WE OPENED A NEW STATE-OF-THE-ART FITNESS CENTER IN 2022. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS. IN 2023, WE PROVIDED $114,000 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE. ADDITIONALLY, APPROXIMATELY 27% OF OUR MEMBERS ARE ACTIVE OLDER ADULTS AND WE PROVIDE OPPORTUNITIES FOR SENIOR MEMBERS TO SOCIALIZE, IMPROVE THEIR PHYSICAL FITNESS TO BE ABLE TO LEAD MORE ACTIVE AND PRODUCTIVE LIVES IN RETIREMENT. 73% OF OUR SENIORS IN 2023 WERE ON A NO-COST OR LOW COST INSURANCE PLAN AND 26% RECEIVE SENIOR DISCOUNTS SUBSIDIZED BY OUR MEMBERSHIP AND DONORS.
YOUTH DEVELOPMENT OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT IS WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS BEFORE AND AFTER SCHOOL CARE, SUMMER CAMP, YOUTH SPORTS, YOUTH SWIM PROGRAMS, AND OTHER YOUTH ACTIVITIES OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. OUR BEFORE AND AFTER SCHOOL PROGRAMS PROVIDED OVER 180 CHILDREN IN TWO TOWNS WITH OPPORTUNITIES TO PLAY, SOCIALIZE AND LEARN WITH THEIR CLASSMATES IN A SAFE AND FUN ENVIRONMENT WHICH ENABLES PARENTS TO WORK WITH PEACE OF MIND THAT THEIR CHILDREN ARE WELL CARED FOR. WE RECOGNIZE THAT THERE IS A LACK OF AFFORDABLE DAY CARE IN OUR AREA FOR OUR COMMUNITY'S YOUNGEST CHILDREN. IN 2023 WE BEGAN A NEW PRESCHOOL PROGRAM FOR BEFORE AND AFTER SCHOOL CARE AS A VALUABLE DAY CARE OPTION FOR WORKING PARENTS AND WE ARE ACTIVELY LOOKING FOR OPPORTUNITIES TO EXPAND CHILDCARE SERVICES. THE YMCA BELIEVES THAT CAMPING SIGNIFICANTLY CONTRIBUTES TO THE HEALTHY GROWTH OF CHILDREN BY TEACHING THEM INDEPENDENCE, DECISION-MAKING, CREATIVITY AND IMPORTANT SOCIAL SKILLS. DAY CAMP HAS ALSO BECOME A PRIMARY SOURCE OF CHILDCARE FOR WORKING PARENTS DURING THE SUMMER MONTHS AND WAS THERE WAS A CRITICAL NEED TO GET KIDS BACK TO PLAY AND SOCIALIZATION. IN 2023 WE CREATED AN AWARD WINNING SUMMER ENRICHMENT PROGRAM COMBINING CAMP FUN WITH AN EDUCATIONAL COMPONENT TO SERVE CHILDREN WHO NEEDED SOME EXTRA SUPPORT WITHOUT THE STIGMA OF "SUMMER SCHOOL". DROWNING IS THE SECOND LEADING CAUSE OF DEATH IN CHILDREN. WE ARE COMMITTED TO ENSURING THAT THE KIDS WHO LIVE IN OUR SHORELINE COMMUNITIES HAVE THE BASIC SAFETY AND SWIM SKILLS TO BE SAFE AROUND AND WITHIN THE WATER. IN 2023 WE PROVIDED OVER 1600 SWIM LESSONS TO CLOSE TO 800 CHILDREN. IN 2023 WE ALSO OPERATED OUR COMPETITIVE SWIM TEAM COMPRISED OF OVER 60 YOUNG ATHLETES TO ALLOW THEM TO LEARN STROKES, DEVELOP RELATIONSHIPS AND BE PART OF A TEAM.
SOCIAL RESPONSIBILITY OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS. YMCA PROGRAMS, SUCH AS THE YMCA COMMUNITY GARDEN WHERE ALL PRODUCE IS DELIVERED TO LOCAL FOOD PANTRY, TEACHING CPR, FIRST AID AND LIFE SAVING CLASSES TO OUR COMMUNITY, SENIOR FORUMS, BLOOD DRIVES AND COMMUNITY GROUP ACCESS TO OUR FACILITY ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. WE ENGAGE YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President | OfficerTrustee | 4 | $0 |
Name Not Listed Secretary | OfficerTrustee | 4 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Vice President | OfficerTrustee | 4 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Noble Construction & Management Building Renovations | 12/30/22 | $477,466 |
Barall & Konover Floors Building Renovations - Flooring | 12/30/22 | $134,408 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $62,438 |
Related organizations | $0 |
Government grants | $148,231 |
All other contributions, gifts, grants, and similar amounts not included above | $164,864 |
Noncash contributions included in lines 1a–1f | $140 |
Total Revenue from Contributions, Gifts, Grants & Similar | $375,533 |
Total Program Service Revenue | $2,750,115 |
Investment income | $31,084 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $9,560 |
Net Gain/Loss on Asset Sales | $151 |
Net Income from Fundraising Events | -$4,750 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $256 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,167,459 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $128,334 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $134,330 |
Compensation of current officers, directors, key employees. | $13,433 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,317,851 |
Pension plan accruals and contributions | $24,938 |
Other employee benefits | $53,336 |
Payroll taxes | $109,177 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $40,530 |
Fees for services: Lobbying | $433 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $39,470 |
Advertising and promotion | $49,180 |
Office expenses | $18,933 |
Information technology | $50,276 |
Royalties | $0 |
Occupancy | $257,779 |
Travel | $14,860 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,043 |
Interest | $31,009 |
Payments to affiliates | $43,368 |
Depreciation, depletion, and amortization | $332,967 |
Insurance | $104,688 |
All other expenses | $49,498 |
Total functional expenses | $3,024,826 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $470,330 |
Savings and temporary cash investments | $1,703,549 |
Pledges and grants receivable | $284,227 |
Accounts receivable, net | $25,965 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $250 |
Prepaid expenses and deferred charges | $29,573 |
Net Land, buildings, and equipment | $3,769,228 |
Investments—publicly traded securities | $2,937 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $13,304 |
Other assets | $19,139 |
Total assets | $6,318,502 |
Accounts payable and accrued expenses | $44,703 |
Grants payable | $0 |
Deferred revenue | $65,985 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $13,941 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,142,974 |
Unsecured mortgages and notes payable | $13,304 |
Other liabilities | $0 |
Total liabilities | $1,280,907 |
Net assets without donor restrictions | $3,652,967 |
Net assets with donor restrictions | $1,384,628 |
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 | $6,318,502 |