Cole Center Family Ymca
- Assets
- $12.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 209
- Location
- Kendallville, IN
- Founding
- 08/1971
- Data as of
- 12/2021
- EIN
- 23-7077600
Organization Overview
Cole Center Family Ymca is located in Kendallville, IN. The organization was established in 1971. 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, Cole Center Family YMCA employed 209 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cole Center Family 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, Cole Center Family YMCA generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COLE YMCA PROVIDES PROGRAMS AND SERVICES WHICH ARE OFFERED AT AFFORDABLE FEES FOR THE COMMUNITY AT LARGE. PEOPLE OF ALL AGES, ABILITIES, FAITHS, ETHNIC GROUPS AND INCOMES ARE WELCOME AT THE Y, AND FINANCIAL ASSISTANCE IS AVAILABLE FOR THOSE WHO CANNOT AFFORD THE FULL FEE. PROGRAMS AND SERVICES PROMOTE HEALTH ENRICHMENT, FAMILY STRENGTHENING, CHARACTER VALUES, SAFETY EDUCATION, SCHOOL READINESS, VOLUNTEERISM AND PHYSICAL SKILL DEVELOPMENT IN FULFILLMENT OF OUR MISSION TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT AND YOUTH DEVELOPMENT AND WELLNESS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $206 |
| Related organizations | $0 |
| Government grants | $502,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $714,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,217,326 |
| Total Program Service Revenue | $1,250,123 |
| Investment income | $85,121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,454 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,701,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $947,740 |
| Pension plan accruals and contributions | $38,473 |
| Other employee benefits | $47,199 |
| Payroll taxes | $74,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,150 |
| Office expenses | $38,577 |
| Information technology | $29,594 |
| Royalties | $0 |
| Occupancy | $143,947 |
| Travel | $10,050 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,308 |
| Interest | $795 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $232,152 |
| Insurance | $28,074 |
| All other expenses | $91,849 |
| Total functional expenses | $1,963,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560 |
| Savings and temporary cash investments | $247,056 |
| Pledges and grants receivable | $507,480 |
| Accounts receivable, net | $103,224 |
| 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 | $6,948 |
| Net Land, buildings, and equipment | $4,093,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,264,729 |
| Total assets | $12,223,169 |
| Accounts payable and accrued expenses | $77,789 |
| 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 | $23,516 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $101,305 |
| Net assets without donor restrictions | $5,609,677 |
| Net assets with donor restrictions | $6,512,187 |
| 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 | $12,223,169 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Cole Center Family Ymca has recieved totaling $442,547.
| Awarding Organization | Amount |
|---|---|
Noble County Community Foundation Inc Ligonier, IN PURPOSE: OPERATING | $184,047 |
Olive B Cole Foundation Inc Fort Wayne, IN PURPOSE: NEW FLOORING | $100,000 |
Olive B Cole Foundation Inc Fort Wayne, IN PURPOSE: NEW ROOFING | $100,000 |
Community Hospital Of Noble County Inc Kendallville, IN PURPOSE: HEALTH AND WELLNESS PROGRAMS | $27,000 |
Peoples Charitable Foundation Inc Auburn, IN PURPOSE: ANNUAL CAMPAIGN | $20,000 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcgaw Ymca Evanston, IL | $27,425,288 | $18,259,892 |
Ymca Of Central Ky Lexington, KY | $49,423,693 | $18,002,221 |
Crossroads Young Mens Christian Association Inc Crown Point, IN | $71,317,321 | $30,163,640 |
Young Mens Christian Association Of Metropolitan Milwaukee Milwaukee, WI | $20,955,998 | $11,459,686 |
Ymca Of Rock River Valley Rockford, IL | $30,918,564 | $13,262,814 |
Young Mens Christian Association Kettle Moraine West Bend, WI | $16,462,834 | $12,846,603 |
Greater Green Bay Ymca Inc Green Bay, WI | $34,883,191 | $12,024,473 |
Ozarks Regional Ymca Springfield, MO | $22,694,658 | $8,607,241 |
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |
Young Mens Christian Association Of Dane County Inc Madison, WI | $16,378,728 | $13,253,991 |
Young Mens Christian Association Oshkosh, WI | $34,377,249 | $9,898,548 |
Young Mens Christian Assn Of Springfield Springfield, IL | $53,739,952 | $13,727,074 |