Ymca Emergency Assistance Fund
- Assets
- $1.8m
- Revenue
- $109.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1966
- Data as of
- 12/2022
- EIN
- 23-7038211
Organization Overview
Ymca Emergency Assistance Fund is located in Chicago, IL. The organization was established in 1966. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA Emergency Assistance Fund 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, YMCA Emergency Assistance Fund generated $109.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $272.3k during the year ending 12/2022. 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
THE EMERGENCY ASSISTANCE FUND PROVIDES FINANCIAL AID TO YMCA STAFF AND ALUMNI WHEN AN ACCIDENT, ILLNESS, DEATH OF A LOVED ONE, DISASTER OR OTHER CRISIS STRIKES AND MEANS OF NEEDED HELP ARE LIMITED OR HAVE BEEN EXHAUSTED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR NEARLY 100 YEARS EAF HAS SUPPORTED YMCA STAFF AND ALUMNI IN TIMES OF DISTRESS. NATIONAL DISASTERS, HEALTH CRISIS AND FAMILY EMERGENCIES CAN TRIGGER THE NEED FOR SUPPORT FUNDED BY THE VERY PEOPLE IT HELPS. EAF IS POSSIBLE THROUGH THE GENEROUS CONTRIBUTIONS OF ACTIVE AND RETIRED YMCA PROFESSIONALS. NO ONE EVER WANTS TO BE IN A POSITION TO NEED ASSISTANCE. THE STORIES OF EAF GRANT RECIPIENTS ARE INSPIRATIONAL TALES OF OVERCOMING OBSTACLES AND LIVING WITH UNEXPECTED CHALLENGES. NINETY-NINE INDIVIDUALS RECEIVED GRANTS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Elliot Director/chair | OfficerTrustee | 0.5 | $0 |
Sandy Morander Director/vice Chair | OfficerTrustee | 0.5 | $0 |
Stacie Peugh Director/sec/treas | OfficerTrustee | 0.5 | $0 |
Jeff Cogan Director | Trustee | 0.25 | $0 |
Jeff Johnson Director | Trustee | 0.25 | $0 |
George Romell Director | Trustee | 0.25 | $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 | $106,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,173 |
| Total Program Service Revenue | $0 |
| Investment income | $34,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,638 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109,177 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $244,149 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,826 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,153 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,292 |
| Total functional expenses | $272,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,622 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $110 |
| 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 | $4,800 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,678,649 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,849,181 |
| Accounts payable and accrued expenses | $4,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $251,822 |
| Total liabilities | $255,822 |
| Net assets without donor restrictions | $1,568,198 |
| Net assets with donor restrictions | $25,161 |
| 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 | $1,849,181 |