Young Mens Christian Association Of Centre County
- Assets
- $10.7m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 427
- Location
- Bellefonte, PA
- Founding
- 10/1944
- Data as of
- 12/2023
- EIN
- 24-0802437
Organization Overview
Young Mens Christian Association Of Centre County is located in Bellefonte, PA. The organization was established in 1944. 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, Young Mens Christian Association Of Centre County employed 427 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Centre County 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, Young Mens Christian Association Of Centre County generated $9.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $9.2m during the year ending 12/2023. While expenses have increased by 5.4% 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
STRENGTHEN THE COMMUNITY THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT: YMCA OF CENTRE COUNTY NURTURES THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. YMCA PROGRAMS LIKE DAY CAMP, BEFORE/AFTER SCHOOL CHILD CARE, EARLY LEARNING & EDUCATION, AND TEEN LEADERS PROVIDE OPPORTUNITIES THAT ENRICH SOCIAL, EMOTIONAL, COGNITIVE, AND PHYSICAL DEVELOPMENT. THE Y TURNS NO CHILD AWAY DUE TO INABILITY TO PAY; OVER $111,000 IN SCHOLARSHIPS FOR OUR YOUTH PROGRAMS WERE PROVIDED FOR KIDS IN NEED IN 2023.
HEALTHY LIVING: YMCA OF CENTRE COUNTY IS COMMITTED TO IMPROVING THE COMMUNITY'S HEALTH AND WELL-BEING BY BRINGING FAMILIES CLOSER TOGETHER, ENCOURAGING HEALTHY LIFESTYLES, AND FOSTERING CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTERESTS. IN 2023, THROUGH YMCA MEMBERSHIP AND PROGRAM PARTICIPATION, 24,260 PEOPLE IN THE COMMUNITIES WE SERVE RECEIVED THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GOOD HEALTH IN SPIRIT, MIND, AND BODY. THE Y PROVIDED $147,590 IN MEMBERSHIP FINANCIAL ASSISTANCE TO KIDS, ADULTS, AND FAMILIES AND COMPLIMENTARY PARTNER MEMBERSHIPS TO OTHER COMMUNITY NONPROFITS, TO ENHANCE THE VITAL SERVICES THEY PROVIDE FOR THEIR CLIENTS.
SOCIAL RESPONSIBILITY: YMCA OF CENTRE COUNTY IS COMMITTED TO GIVING BACK AND SUPPORTING OUR COMMUNITIES. THE Y'S ANTI-HUNGER PROGRAM PROVIDES FREE LUNCHES DURING THE SUMMER AND WEEKEND FOOD FOR KIDS DURING THE SCHOOL YEAR, THROUGH THE BACKPACK PROGRAM. IN 2023, OVER 45,000 BACKPACKS OF FOOD WERE DISTRIBUTED TO KIDS FOR WEEKENDS DURING THE SCHOOL YEAR, 30,000 FREE LUNCHES WERE PROVIDED IN THE SUMMER, AND OVER 33,000 BOXES OF FOOD WERE DISTRIBUTED TO PEOPLE IN NEED THROUGHOUT THE YEAR. THE Y'S FINANCIAL ASSISTANCE AND ANTI-HUNGER PROGRAMS ARE POSSIBLE BECAUSE OF THE VOLUNTEER AND FINANCIAL SUPPORT WE RECEIVE FROM THE COMMUNITIES WE SERVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Steinbugl Chair | OfficerTrustee | 5 | $0 |
Tim Schoonover Vice Chair | OfficerTrustee | 5 | $0 |
Richard Sarfert Secretary | OfficerTrustee | 5 | $0 |
Matthew Heaps Treasurer | OfficerTrustee | 5 | $0 |
Marty Bradley Member | Trustee | 5 | $0 |
Becky Briggs Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $94,542 |
| Membership dues | $0 |
| Fundraising events | $38,549 |
| Related organizations | $0 |
| Government grants | $235,910 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,659,507 |
| Noncash contributions included in lines 1a–1f | $2,452,901 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,028,508 |
| Total Program Service Revenue | $4,868,593 |
| Investment income | $105,290 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,321 |
| Net Income from Fundraising Events | -$3,816 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,996,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,718,212 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $209,303 |
| Compensation of current officers, directors, key employees. | $31,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,810,085 |
| Pension plan accruals and contributions | $167,593 |
| Other employee benefits | $263,025 |
| Payroll taxes | $264,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,016 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,441 |
| Fees for services: Other | $293,185 |
| Advertising and promotion | $0 |
| Office expenses | $37,982 |
| Information technology | $8,891 |
| Royalties | $0 |
| Occupancy | $556,355 |
| Travel | $67,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,458 |
| Interest | $87,541 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $587,381 |
| Insurance | $95,106 |
| All other expenses | $19,772 |
| Total functional expenses | $9,169,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,894 |
| Savings and temporary cash investments | $572,732 |
| Pledges and grants receivable | $9,655 |
| Accounts receivable, net | $27,309 |
| 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 | $0 |
| Net Land, buildings, and equipment | $6,279,331 |
| Investments—publicly traded securities | $2,911,341 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $660,213 |
| Total assets | $10,713,475 |
| Accounts payable and accrued expenses | $296,706 |
| Grants payable | $0 |
| Deferred revenue | $242,978 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $94,962 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,836,502 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $671,822 |
| Total liabilities | $3,142,970 |
| Net assets without donor restrictions | $6,546,551 |
| Net assets with donor restrictions | $1,023,954 |
| 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 | $10,713,475 |