Young Mens Christian Association Of Olean Ny And Bradford Pa

Organization Overview

Young Mens Christian Association Of Olean Ny And Bradford Pa, operating under the name YMCA of the Twin Tiers, is located in Olean, NY. The organization was established in 1973. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, YMCA of the Twin Tiers employed 674 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA of the Twin Tiers 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, YMCA of the Twin Tiers generated $10.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $10.2m during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF OLEAN, NY AND BRADFORD, PA (YMCA) IS A NOT-FOR-PROFIT ASSOCIATION ORGANIZED FOR THE IMPROVEMENT OF THE SPIRITUAL, MENTAL, SOCIAL AND PHYSICAL WELL-BEING OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

YOUTH DEVELOPMENT PROGRAM DESCRIPTION:THE YMCA OFFERS LOW-COST, QUALITY PROGRAMS THAT SUPPORT AND STRENGTHEN FAMILIES AND DEVELOP THE CHARACTER OF THOSE INVOLVED, INCLUDING PRE-SCHOOL, AFTER-SCHOOL ENRICHMENT PROGRAMS, CHILD CARE, DAY CAMPS, PARENT-CHILD PROGRAMS AND YOUTH LEADERSHIP PROGRAMS THAT PROVIDE WHAT ARE OFTEN LIFE-CHANGING EXPERIENCES.


HEALTHY LIVING PROGRAM DESCRIPTION:THE YMCA IS ONE OF THE ONLY HEALTH AND WELLNESS ORGANIZATIONS WHERE FAMILIES CAN PURSUE HEALTHY HABITS TOGETHER. YMCA MEMBERSHIP AND PROGRAM PARTICIPATION IS AFFORDABLE AND OPEN TO ALL WITH FINANCIAL ASSISTANCE AVAILABLE FOR THOSE WHO CANNOT AFFORD THE FULL FEE.


SOCIAL RESPONSIBILITY PROGRAM DESCRIPTION:THE YMCA BELIEVES THAT BUILDING CITIZEN LEADERS OF ALL AGES RESULTS IN A HEALTHIER, SAFER AND WELCOMING COMMUNITY. LEADERSHIP DEVELOPMENT OPPORTUNITIES FOR ALL AGES ARE AVAILABLE AT THE YMCA. THE YMCA IS ITSELF COMMITTED TO ACTING IN A LEADERSHIP CAPACITY AS A COMMUNITY CONVENER, INTEGRATING ITS EFFORTS WITH DOZENS OF COMMUNITY PARTNERSHIPS THROUGHOUT THE REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Townsend
CEO
$147,398
Brenda Threehouse
CFO
$113,607
William Leven
Director
$0
Jack Emrick
Chair
$0
Ann Marie Wright
Vice Chair
$0
Beth Palumbo
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,272,208
All other contributions, gifts, grants, and similar amounts not included above$1,325,974
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,598,182
Total Program Service Revenue$3,461,385
Investment income $165,197
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $176,887
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $35,054
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,660,235

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