Ymca Of Metropolitan Chicago
- Assets
- $252.9m
- Revenue
- $58.2m
- Investments
- $93.9m
- Employees
- 2,000
- Location
- Chicago, IL
- Founding
- 07/1941
- Data as of
- 12/2021
- EIN
- 36-2179782
Organization Overview
Ymca Of Metropolitan Chicago is located in Chicago, IL. The organization was established in 1941. 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, YMCA Of Metropolitan Chicago employed 2,000 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA Of Metropolitan Chicago 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, YMCA Of Metropolitan Chicago generated $58.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $66.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE YMCA OF METROPOLITAN CHICAGO (YMCA) STRENGTHENS CHILDREN, FAMILIES, AND COMMUNITIES ACROSS METROPOLITAN CHICAGO WITH THE GOAL OF PROVIDING THEM WITH THE RESOURCES TO HELP THEM LEARN, GROW, AND THRIVE. OUR FOURTEEN MEMBERSHIP CENTERS, FIVE RESIDENT CAMPS, AND EIGHTY-ONE PROGRAM SITES PROMOTE ACADEMIC READINESS, CHARACTER DEVELOPMENT, VIOLENCE PREVENTION AND FITNESS AND HEALTHY LIVING THROUGH A VARIETY OF HIGH QUALITY, RESEARCH-BASED PROGRAMS AND SERVICES. ULTIMATELY, THE YMCA OF METROPOLITAN CHICAGO AIMS TO STRENGTHEN COMMUNITY BY CONNECTING PEOPLE TO THEIR POTENTIAL, PURPOSE AND EACH OTHER. OUR IMPACT IS FELT EVERY DAY WHEN AN INDIVIDUAL MAKES A HEALTHY CHOICE, WHEN A MENTOR INSPIRES A CHILD, AND WHEN A COMMUNITY COMES TOGETHER FOR A COMMON GOOD. AS ONE OF THE OLDEST, LARGEST AND MOST ESTABLISHED NONPROFITS IN CHICAGO, THE YMCA STRENGTHENS NEIGHBORHOODS BY RESPONDING TO UNIQUE COMMUNITY NEEDS ACROSS CHICAGO.
Describe the Organization's Program Activity:
CHILD DEVELOPMENT: THE YMCA OF METROPOLITAN CHICAGO IS COMMITTED TO YOUTH DEVELOPMENT. WE BELIEVE EVERY CHILD AND TEEN DESERVES THE CHANCE TO REACH HIS OR HER FULL POTENTIAL. AS ONE OF THE LARGEST NONPROFIT ORGANIZATIONS IN CHICAGO, THE Y OFFERS A VAST NETWORK OF PROGRAMS AND SERVICES, INCLUDING LICENSED CHILD CARE, EARLY CHILDHOOD AND AFTERSCHOOL PROGRAMS, DAY CAMPS, YOUTH SPORTS, YOUTH GROUPS, AND OTHER ACTIVITIES THAT GIVE MORE THAN 25,000 YOUTH OF ALL AGES ACROSS THE REGION A SAFE AND NURTURING PLACE TO LEARN, GROW, AND THRIVE. OUR INNOVATIVE YOUTH PROGRAMMING INCLUDES AN ANTI-BIAS LITERACY APPROACH FOR EARLY LEARNING, A YOUTH SAFETY AND VIOLENCE PREVENTION INITIATIVE, DAY CAMPS WITH STEM, YOUTH MENTORING, AND A TEEN LEADERS CLUB.
HEALTH ENHANCEMENT: THE YMCA IS DEDICATED TO PROVIDING FITNESS AND HEALTHY LIVING PROGRAMS THAT ENABLE CHILDREN, ADULTS, AND FAMILIES TO LEARN, GROW, AND THRIVE. FREE COMMUNITY EVENTS, SUCH AS AN ANNUAL HEALTHY KIDS DAY, OFFER EDUCATIONAL AND FUN ACTIVITIES THAT PROMOTE WELLNESS AND THE DEVELOPMENT OF HEALTHY LIFESTYLE CHOICES THAT BENEFIT THE ENTIRE FAMILY.
CAMPING: THE YMCA'S DAY AND OVERNIGHT CAMPS ARE AMERICAN CAMP ASSOCIATION-ACCREDITED, WHICH MEANS THE Y MAINTAINS THE HIGHEST STANDARDS REGARDING PROGRAM QUALITY. THE Y OFFERS 16 DAY CAMPS AND 5 RESIDENT CAMPS, INCLUDING SPECIALTY MEDICAL CAMPS FOR CHILDREN WITH PHYSICAL AND MENTAL DISABILITIES. EACH CAMP FOCUSES ON THE THREE KEY DRIVERS OF IMPACT THAT INSPIRE POSITIVE YOUTH DEVELOPMENT JOURNEYS: ACHIEVEMENT, RELATIONSHIPS, AND BELONGING. THROUGH Y SUMMER PROGRAMS, THE SOCIAL-EMOTIONAL, COGNITIVE, AND PHYSICAL DEVELOPMENT OF ALL YOUTH ARE NURTURED AND CELEBRATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Mcgrew Executive Vp, CFO | Officer | 40 | $509,756 |
Katie Panning Spieth Senior Vp, Cmi | Officer | 40 | $301,276 |
Cherese Ledet Senior Vp, Ccd And Equity Officer | Officer | 40 | $236,059 |
Swathi Staley Senior Vp, Cso And Gen. Counsel | Officer | 40 | $235,848 |
James H Hayes President And CEO (until 08/01/21) | OfficerTrustee | 40 | $234,492 |
Jill Doerner Senior Vp, Clo | Officer | 40 | $225,889 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Matworks Company Llc Facility Suport Services | 12/30/21 | $1,905,592 |
Young Building Solutions Llc Facility Suport Services | 12/30/21 | $774,369 |
Power Construction Company Llc Construction Services | 12/30/21 | $443,020 |
Implex Llc Cyber Security Services | 12/30/21 | $234,211 |
Deloitte & Touche Llp Audit Services | 12/30/21 | $228,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $397,488 |
| Membership dues | $0 |
| Fundraising events | $1,522,127 |
| Related organizations | $0 |
| Government grants | $13,727,992 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,238,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,886,445 |
| Total Program Service Revenue | $25,228,185 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $364,074 |
| Net Gain/Loss on Asset Sales | $1,952,296 |
| Net Income from Fundraising Events | -$129,645 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,192,043 |
| 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. | $2,835,778 |
| Compensation of current officers, directors, key employees. | $524,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,282,651 |
| Pension plan accruals and contributions | $826,130 |
| Other employee benefits | $1,658,987 |
| Payroll taxes | $2,069,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $359,767 |
| Fees for services: Accounting | $185,107 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $55,000 |
| Fees for services: Investment Management | $89,181 |
| Fees for services: Other | $7,303,382 |
| Advertising and promotion | $971,095 |
| Office expenses | $3,351,593 |
| Information technology | $1,257,309 |
| Royalties | $0 |
| Occupancy | $3,750,419 |
| Travel | $164,453 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $260,517 |
| Interest | $757,736 |
| Payments to affiliates | $439,664 |
| Depreciation, depletion, and amortization | $10,134,610 |
| Insurance | $1,765,792 |
| All other expenses | $469,985 |
| Total functional expenses | $66,737,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,645,633 |
| Savings and temporary cash investments | $25,412,500 |
| Pledges and grants receivable | $2,909,111 |
| Accounts receivable, net | $433,494 |
| 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 | $82,998,263 |
| Investments—publicly traded securities | $33,950,734 |
| Investments—other securities | $93,867,546 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,713,528 |
| Total assets | $252,930,809 |
| Accounts payable and accrued expenses | $9,578,592 |
| Grants payable | $0 |
| Deferred revenue | $1,120,520 |
| Tax-exempt bond liabilities | $49,100,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,625,000 |
| Unsecured mortgages and notes payable | $10,000,000 |
| Other liabilities | $4,245,985 |
| Total liabilities | $78,670,097 |
| Net assets without donor restrictions | $158,160,698 |
| Net assets with donor restrictions | $16,100,014 |
| 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 | $252,930,809 |
Grants Recieved
Over the last fiscal year, we have identified 41 grants that Ymca Of Metropolitan Chicago has recieved totaling $1,504,920.
| Awarding Organization | Amount |
|---|---|
United Way Of Metropolitan Chicago Inc Chicago, IL PURPOSE: PROGRAM SUPPORT | $400,541 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $249,157 |
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $117,133 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $95,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $60,000 |
Circle Of Service Foundation Chicago, IL PURPOSE: MATCHING/DISCRETIONARY | $56,050 |
Endowment Analysis
| Beg. Balance | $127,828,717 |
| Earnings | $14,444,574 |
| Net Contributions | $28,246,658 |
| Other Expense | $17,321,042 |
| Ending Balance | $153,198,907 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL | $230,540,547 | $144,736,724 |
Ymca Of Metropolitan Chicago Chicago, IL | $252,930,809 | $58,192,043 |
Gateway Region Young Mens Christian Association Saint Louis, MO | $145,012,650 | $48,531,219 |
Young Mens Christian Association Of Greater Indianapolis Indianapolis, IN | $139,080,001 | $55,421,053 |
Young Mens Christian Association Of Greater Louisville Louisville, KY | $106,741,362 | $47,706,499 |
Young Mens Christian Association Of Greater Kansas City Kansas City, MO | $84,444,594 | $40,231,316 |
Ywca Metropolitan Chicago Chicago, IL | $33,998,658 | $39,518,325 |
Young Womens Christian Association Of Metropolitan St Louis Missouri St Louis, MO | $19,963,706 | $28,199,996 |
Young Mens Christian Association Of The Fox Cities Inc Appleton, WI | $66,166,192 | $35,777,368 |
Metropolitan Young Mens Christian Association Fort Wayne, IN | $60,909,797 | $21,257,689 |
Mcgaw Ymca Evanston, IL | $27,425,288 | $18,259,892 |
Ymca Of Central Ky Lexington, KY | $49,423,693 | $18,002,221 |