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 12/2021, Valley Shore YMCA employed 140 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 12/2021, Valley Shore YMCA generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. 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
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 4000 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 IN A POST COVID WORLD. WE TYPICIALLY PROVIDE A VARIETY OF CLASSES, SPORTS LEAGUES, INSTRUCTION, WEIGHT LOSS PROGRAMS AND WELLNESS ACTIVITIES, INCLUDING SWIMMING, TO ENSURE MEMBERS CAN MAINTAIN AN EFFECTIVE LIFESTYLE. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS. IN 2021, WE PROVIDED $56,000 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE. ADDITIONALLY, APPROXIMATELY 30% 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. 87% OF OUR SENIORS IN 2021 WERE ON A NO-COST OR LOW COST INSURANCE PLAN, WHICH WAS SUBSIDIZED BY OUR MEMBERSHIP.
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 100 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. IN 2021 WE PROVIDED OVER $1,700 IN FINANCIAL ASSISTANCE TO FAMILIES WHO COULD NOT OTHERWISE AFFORD THIS VALUABLE DAY CARE OPTION SO THEY MAY CONTINUE TO WORK. 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 SAFE SOCIALIZATION DUE TO COVID. IN 2021 WE SERVED MORE THAN 100 CHILDREN IN DAY CAMP. 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. DURING 2021 THERE WERE SIGNIFICANT RESTRICTIONS ON GROUP SWIM LESSONS BY GOVERNMENT ORDERS DUE TO THE COVID 19 PANDEMIC. WE RETOOLED OUR SWIM LESSON PROGRAM AND OFFERED PRIVATE SWIM INSTRUCTION FOR CHILDREN TO CONTINUE TO LEARN SAFE SWIMMING SKILLS ON A 1-1 BASIS AND SOCIALLY DISTANCED IN OUR POOL AND PROVIDED SWIM LESSONS TO OVER 300 CHILDREN. IN 2021 WE ALSO OPERATED OUR COMPETITIVE SWIM TEAM COMPRISED OF OVER 50 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 | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Noble Construction & Management Building Renovations | 12/30/21 | $450,828 |
Seacoast Construction Llc Building Renovations | 12/30/21 | $136,600 |
Statement of Revenue | |
---|---|
Federated campaigns | $1,116 |
Membership dues | $0 |
Fundraising events | $38,410 |
Related organizations | $0 |
Government grants | $970,233 |
All other contributions, gifts, grants, and similar amounts not included above | $1,941,015 |
Noncash contributions included in lines 1a–1f | $1,097,998 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,950,774 |
Total Program Service Revenue | $1,442,218 |
Investment income | $3,787 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $545 |
Net Gain/Loss on Asset Sales | $2,440 |
Net Income from Fundraising Events | -$1,392 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$36 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,398,865 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $65,294 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $147,552 |
Compensation of current officers, directors, key employees. | $14,756 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $811,899 |
Pension plan accruals and contributions | $27,383 |
Other employee benefits | $44,459 |
Payroll taxes | $69,758 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,350 |
Fees for services: Accounting | $28,741 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $6,650 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $31,837 |
Advertising and promotion | $40,536 |
Office expenses | $20,343 |
Information technology | $19,023 |
Royalties | $0 |
Occupancy | $226,814 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,416 |
Interest | $84,579 |
Payments to affiliates | $25,436 |
Depreciation, depletion, and amortization | $210,646 |
Insurance | $83,205 |
All other expenses | $0 |
Total functional expenses | $2,086,203 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $518,565 |
Savings and temporary cash investments | $1,605,600 |
Pledges and grants receivable | $765,913 |
Accounts receivable, net | $94,296 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $535 |
Prepaid expenses and deferred charges | $22,725 |
Net Land, buildings, and equipment | $3,573,458 |
Investments—publicly traded securities | $6,933 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $31,320 |
Other assets | $50,712 |
Total assets | $6,670,057 |
Accounts payable and accrued expenses | $325,978 |
Grants payable | $0 |
Deferred revenue | $73,385 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $17,410 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,144,531 |
Unsecured mortgages and notes payable | $31,320 |
Other liabilities | $0 |
Total liabilities | $1,592,624 |
Net assets without donor restrictions | $2,730,277 |
Net assets with donor restrictions | $2,347,156 |
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 | $6,670,057 |
Over the last fiscal year, we have identified 9 grants that Valley Shore Ymca has recieved totaling $1,208,109.
Awarding Organization | Amount |
---|---|
Brady Family Foundation Inc Milford, CT PURPOSE: BRADY WELLNESS CENTER | $1,121,941 |
Westbrook Foundation Inc Westbrook, CT PURPOSE: ANNUAL DAISY INGRAHAM FIT KIDS PROGRAM GRANT | $48,250 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
H L Thompson Jr Family Foundation Brooklyn, OH PURPOSE: GENERAL | $10,000 |
Andy Schatz And Barbara Wolf Family Foundation Inc Westbrook, CT PURPOSE: UNRESTRICTED - TO ACCOMPLISH GOALS | $6,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $1,250 |
Organization Name | Assets | Revenue |
---|---|---|
Young Mens Christian Association Buffalo Niagara Buffalo, NY | $63,156,525 | $20,586,121 |
Young Mens Christian Association Of Central New York Inc Syracuse, NY | $52,040,864 | $20,998,037 |
Greater Providence Young Mens Christian Association Providence, RI | $33,652,869 | $15,855,613 |
Meriden-New Britain-Berlin Young Mens Christian Association Inc Meriden, CT | $19,846,503 | $18,721,354 |
Frost Valley Ymca Claryville, NY | $34,906,539 | $11,884,684 |
Young Mens Christian Association Southcoast Incorporated New Bedford, MA | $33,897,878 | $16,569,105 |
Young Mens Christian Association Of Pawt Ri Pawtucket, RI | $34,219,905 | $10,618,011 |
Young Mens Christian Association Saratoga County Saratoga Springs, NY | $33,124,111 | $15,587,422 |
Metrowest Ymca Framingham, MA | $28,140,944 | $12,322,249 |
Cape Cod Young Mens Christian Association Inc Hyannis, MA | $9,249,162 | $11,698,061 |
Young Mens Christian Association Of Rye N Y Rye, NY | $15,041,531 | $9,376,440 |
Young Mens Christian Assn Westport Westport, CT | $70,281,259 | $9,479,098 |